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Web Traffic on Global Crypto Exchanges Surged 13% in July
Crypto analytics startup ICO Analytics reveals the fastest growing crypto exchanges and DeFi protocols in terms of web traffic.
Global crypto exchanges have reportedly seen a significant increase in web traffic in July as cryptocurrency prices gained momentum.
According to [data](https://twitter.com/ICO_Analytics/status/1292512002632560642?s=20) from crypto analytics startup ICO Analytics, web traffic on global crypto exchanges increased by 13% on average in July 2020.
Illia Kmez, head of content at ICO Analytics, told Cointelegraph that centralized crypto exchanges added 26% in web traffic since December 2020. In order to provide calculations, the startup analyzed web traffic of around 100 exchanges including international trading platforms and exchanges that only operate in one country, Kmez said.
While the average stands at 13%, some crypto exchanges have recorded a more notable monthly increase, with traffic surging over 60% ,as was the case with YoBit.net and KuCoin.
Binance, the world’s largest crypto exchange, reportedly saw 24.9 million visits in July, with traffic surging nearly 10%. Coinbase, the largest crypto exchange and wallet service in the United States, recorded 22.5 million visits during that month, with traffic seeing an 18% increase.
Not everyone is a winner
-------------------------
Other popular exchanges like BitMEX and OKEx saw their traffic drop in July. According to the data, BitMEX’s traffic dropped 1.6%, while OKEx saw a 6% decline.
_Web traffic dynamics of crypto exchanges in July 2020. Source: [ICO Analytics](https://twitter.com/ICO_Analytics/status/1292512002632560642?s=20)' Twitter_
Uniswap is the largest DeFi protocol by web traffic
---------------------------------------------------
In another Aug. 9 [tweet](https://twitter.com/ICO_Analytics/status/1292512107792039936?s=20), ICO Analytics provided similar statistics regarding [decentralized finance, or DeFi](https://cointelegraph.com/tags/defi). According to the data, decentralized exchange Uniswap is the largest in terms of web traffic with more than 1.4 million visits in July. Uniswap is ranked the ninth largest DeFi environment in terms of total value locked in the protocol, according to data from major industry website [DefiPulse.com](https://defipulse.com/).
According to ICO Analytics, DeFi liquidity provider Balancer Pool saw the largest increase in web traffic, up 193% in July.
ICO Analytics also noted that, despite significant growth of DeFi markets-related traffic, none of DeFi platforms have reached the level of top 20 centralized exchanges.
Earlier in July, crypto market analytics firm Messari said that [DeFi makes up only 1.5%](https://cointelegraph.com/news/messari-defi-can-continue-to-grow-as-useless-top-30-coins-wither) of the entire crypto market. As of press time, total value locked in DeFi markets accounts for $4.7 billion, according to DefiPulse.com.
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I'm a "BSV" guy now? LOL
Man you are so lost in your rage, it is funny!
Tell me, are you more pissed because I didn't dump my BSV right away following your market manipulators advice? Or because you PM'ed me sending your "BCH curriculum vitae" to get my BCH subs but I didn't even know who in the fuck you were and denied?
Right now I'm thinking ... those subs could go to /u/bashco or /u/nullc, now that would be something that would make your head spin ... just imagine, I'm a core shill, government ops, anti-p2p-cash, BSV minion ... all at once!
Call the manager Karen!!
4 forks??I heard that there may be 4 forks, BU, BCHN, ABC, CAT? Is this true? So upset
Q&A: How Blockchain Could Transform the Art Industry
Blockchain is transforming industries left, right and center — but how could this technology benefit the art world?
[](https://www.4art-technologies.com/?utm_campaign=exchange-trading&utm_medium=interview&utm_source=Cointelegraph&utm_term=cvlabs)
The art world has had a tough time lately. The coronavirus pandemic has forced many galleries and museums to close, with sales of premium pieces also affected.
But there could be a solution that helps the industry get back on its feet and achieve much-needed digitization: blockchain. Here, we talk to Niko Kipouros, founder and CEO of [4ARTechnologies](https://bit.ly/2Cc6XeE), about how this technology could transform the way we purchase and own artwork — and even ensure that the provenance and authenticity of masterpieces are never doubted.
**1. What are the biggest challenges facing the art industry right now?**
The surge of the COVID-19 pandemic shuttered galleries and museums, while exhibitions, art fairs and auctions have either been postponed or moved online. The art world ground to a halt. It became immediately visible that all players in the art market are vulnerable to physical distancing measures implemented to slow down the spread of the pandemic. If people are not allowed to leave their homes or attend big events, then what is left of the business models of exhibitions, art fairs and auctions?
Everyone in the industry is now aware that the art market as we know it will never return. Digital tools can help us overcome restrictions on physical operations.
**2. Can blockchain solve any of these issues? Does the art industry really need blockchain?**
Blockchain opened the space within the existing art system. What blockchain brings to the art industry is unprecedented security and accountability, along with introducing decentralization on an institutional level.
Operating in the sphere of art, blockchain allows for the decentralized, immutable storage of data and documentation while enabling the automation of many daily art handling tasks.
The technology can’t do it alone, but it provides a secure, verified information foundation on which solutions and services can be built.
**3. How does the tokenization of art work? Does this mean that an everyday consumer could partly own a renowned masterpiece?**
The tokenization of an asset — in our case, an art piece — makes it available to be traded and handled digitally. Artworks can be tokenized in two different ways: either a single token per art object or multiple tokens to allow for fractionalized ownership.
The single token option is only relevant for art collectors and those who want to better manage their collection. Far more groups, from the arts as well as the finance industry, are exploring the creation of a larger number of tokens for a single artwork.
The excitement there is based on two important aspects. For one, it allows previously untradable artworks to be made available to the art market, which is especially beneficial to public institutions that continuously lack funding.
Even more interesting, an artwork can be owned by a large number of people through blockchain-based tokenization, making art and art collecting far more accessible and more democratic.
These digital frameworks also allow for completely new ways to own and enjoy art.
In a pilot project of ours known as ARTCELS, tokenholders gain access to enjoy and share the tokenized collection in a virtual reality showroom within the 4ARTapp. We are seeing a surge in demand for these models, and we are certain that in the future, many collectors will only hold a portfolio of artwork tokens — a purely virtual collection.
Why have one piece of art on your wall when you can choose from the whole collection and enjoy it the same?
**4. What else can be digitized in the art industry?**
The art industry is ripe for digitization. Most of the business is still done as it was 30, 40, or even 50 years ago.
Registering artworks, creating artist catalogs, condition reporting, updating or transmitting documentation, and tracking movements: All the processes that are part of the logistics chain in the art industry can be digitized.
As we have seen in response to the COVID-19 pandemic, even major international exhibitions can be digitized. The art world is in urgent need and just waiting for creative solutions.
**5. What about cryptocurrencies? Are they part of this digitization?**
Cryptocurrencies offer qualities that a global market like the arts always requires: fast peer-to-peer transactions, little regard for borders and minimal losses. They also solve the double-spend problem to facilitate transactions that were previously secured by more complex, expensive escrow solutions. Or you can create automatic participation models for artists, content creators and communities so they get reimbursed for their efforts.
In the future, we will also support peer-to-peer 4ARTcoin transactions, including artwork purchases, within the 4ARTapp. Even more important are our campaigns to have other networks, galleries, museums, exhibitions and online platforms accept the 4ARTcoin. As with all of our efforts, while we may believe very strongly in its advantages, we require partners and like-minded innovators to make it happen.
**6. Blockchain is difficult for many to understand. How does 4ARTechnologies plan to achieve mainstream adoption?**
As with all new technologies, especially revolutionary ones, it is not necessary for users or customers to understand how they work in full detail. Very few know how most everyday devices really work, be it microwaves, cars, the internet or even currency.
What adopters of a technology are interested in are the benefits — how these innovations can provide new possibilities and solutions.
The technologies, including blockchain, that our company is deploying are cutting-edge and very complex, but the benefits — being able to store information and documents immutably, being able to automate and simplify daily tasks, and being able to communicate and transmit information securely — are easy to understand and will bring about mainstream adoption.
**7. There used to be a plethora of blockchain projects in the art industry. Many of them have already disappeared. How do you set yourself apart from the competition?**
Previous ventures had two major issues: a lack of reliable artwork identification and a small scope for their solutions. A digital certificate or document is essentially useless, with or without blockchain, if it cannot be directly and reliably linked to the physical artwork.
This is the first roadblock that kept other ventures from finding acceptance and success.
With the 4ARTapp, we have implemented this functionality in a way that can’t be manipulated and that does not require the object to be marked with a sticker or chip.
If you have ever seen an art forger at work, these things would never stop them.
With our solution, we use the artwork itself as the key to its documentation and history.
To gain adoption within the art world, solutions need to be wide ranging and usable by many. Most have only focussed on the collector, and some on logistics, but essentially none on the artists. We offer benefits to all art world participants, with increasing value the more the 4ARTapp is used.
Connecting the global art community is the next big revolution, and we are happy to lead the way!
We are proud to say that 4ARTechnologies has been recognized for its vision in both the [“CV VC Top 50 Report](https://cvvc.com/top50),” which lists top blockchain projects in Switzerland’s Crypto Valley, as well as in the [“CV VC Global Report](https://cvvc.com/CVVC-Global-Report)” as the number one blockchain project in the art industry. On Sept. 02, I will take part in a panel discussion organized by [](https://cvvc.com/)CV VC, which will be livestreamed, on the topic of how blockchain is shaping the art industry.
**8. How does 4ARTechnologies’ plan for insurance work?**
We have been in partnership with Munich Re, the world’s largest reinsurer, and its subsidiary Ergo Insurance for over a year. The goal of our pilot project is to create wholly new, purely digital solutions for artwork and transport insurance, based on our verification and condition reporting technologies.
Through their utilization, the individual or company looking to insure their artworks can do so quickly, easily and specific to their requirements. The insurer can significantly reduce the structural costs associated with art insurance and therefore offer far more attractive rates and services.
To give you a simple visual: An art collector uses their mobile device and the 4ARTapp to scan the microscopic surface structure of an artwork once per year. That detailed condition report, which takes mere minutes, is sent over to the insurer with all the relevant documentation within the 4ARTapp, quickly and highly securely.
The insurer does not have to use expensive experts to evaluate the condition and risk factors, rather they can do so automatically. The immense cost savings can be offered to the client in the form of favorable rates or other incentives.
The client has a better service at lower costs, and the insurer has far more accurate data on which to base its risk evaluation — a win-win situation through digitization.
**9. Counterfeiting and establishing the authenticity of artworks have been big challenges for the art world. What does this platform do to address that?**
The challenge of art forgery is what brought blockchain to the attention of the art world. However, without a secure link between the physical artwork and the digital information, blockchain alone cannot solve that challenge.
This is why we have developed our patented Augmented-Authentication-Technology.
With our technology, everyone can easily and quickly create a digital fingerprint for an artwork, using nothing but a mobile device and the artwork itself.
With the identification being fast and absolutely tamper-proof, we can begin to use the capabilities provided by blockchain.
What we, or anyone, cannot solve is questionable authenticity for older artworks.
However, we have now initiated a new era of digital provenance, one where artists can register their works themselves and create a reliable, highly detailed, lossless history from the very first minute of the artwork’s existence.
For artists of today and tomorrow, the question of originality will no longer be relevant.
**10. As blockchain and crypto become more widely used, where do you think the art industry will be in 10 years?**
Blockchain offers a new platform for working with traditional art. This, to me, looks like a very promising partnership.
What’s more interesting and challenging is to think about what blockchain has to offer to contemporary and digital artists interested in code and data. How can it deal with new questions of authorship, copy, identity and so on?
Questions of society are always reflected and discussed in art. I am looking forward to trying to bridge this gap, and blockchain technology gives us the tools to do so.
Learn more about [4ARTechnologies](https://www.4art-technologies.com/?utm_campaign=exchange-trading&utm_medium=interview&utm_source=Cointelegraph&utm_term=cvlabs)Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.
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[https://read.cash/](https://read.cash/)
I signed up and got some funds I think...but I don't know what to do with these bitcoins or how to get more of it from there. Any ideas?
What should I do now that I have bitcoins?Someone from reddit offered me bitcoins I think from this site...
[https://read.cash/](https://read.cash/)
I signed up and got some funds I think...but I don't know what to do with these bitcoins or how to get more of it from there. Any ideas?
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- [/r/negativewithgold] ["When will this idiot learn that something that is supposed to be decentralized simply cannot have marketing..Who decides the message..." \[-10\]](https://www.reddit.com/r/NegativeWithGold/comments/i722h3/when_will_this_idiot_learn_that_something_that_is/)
*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*
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Just do it and get it done.The big cake closed the Xiaoyin line above the 10-day moving average yesterday.
The K line is interspersed with the five-day moving average.
Due to a long period of concussion.
The short-term moving average tends to level off.
This shows that the current market is stuck in a tight state.
The upper pressure and lower support are relatively strong.
It's hard to go up and down.
Look at the picture in four hours.
After the currency price goes out of the V-shaped reversal pattern.
The top is blocked and falls back on the 11800 line.
Below the 11500 line, it has been supported and rebounded.
On the whole, it has come out of the shape of W again.
If the big cake breaks the position of 11800 today, the first line pressure.
The cake will go to the front line of 12000.
The opening in the Bollinger belt continues to contract.
The currency price currently touches the pressure of the middle track.
The lower rail is supported on line 11500.
The short-term five-day and ten-day moving average also tends to level off.
This shows that the current short-term currency price is still in shock.
Follow-up focus on 11800-pressure break situation!
Currently around 11760.
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Mainnet.cash Flipstarter: 11 hrs to go; funded @ 92.25%; min pledge 0.1 BCH. Great opportunity for "small" pledges!
**Now at 92% with about 11 hours to go.**
**Minimum pledge is down to 0.1 BCH. Plenty of room for small donations!! Help if you can, and pass the word.**
Can include a button to donate in [Bitcoin.com](https://Bitcoin.com) wallet?
Can include a button to donate in [Bitcoin.com](https://Bitcoin.com) wallet?
DAA Workgroup Telegram Dump - When was prior drift correction first mentioned again? - Grasberg? - IFP v2?
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- [/r/negativewithgold] ["It's just you, for virtually everyone outside of this circlejerk of a subreddit it's clear that BCH is forking\/splitting itself..." \[-11\]](https://www.reddit.com/r/NegativeWithGold/comments/i67r1y/its_just_you_for_virtually_everyone_outside_of/)
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Transfer fundsWhat is my address for Bitcoin
Just wanted to add my 2c given all the negativity in this post.
BFX does support open / free market principals more than others. They support the BCH and BSV forks. Even when other exchanges delisted BSV, BFX kept it on to let the market decide and people to be able to trade what they want. They also support bitcoin core developers and lightning. Thats putting money back into the space.
I have personally withdrawn and deposited millions with bitfinex and have never had any issues at all. My account is fully verified. There is no better feeling than withdrawing millions in a matter of hours and taking full custody of that vs trying to do that with a legacy bank.
I think alot of this tether fud bullshit is hot air made up by conspiracy nuts. They're a good exchange, offshore and fight for the good cause. Sure their banking maybe much more difficult because of their incorporation, but thats not their fault, thats the legacy banking system locking them out. They're not some on shore US entity giving the IRS api details to rinse everybody.
Think a little bit people !
Beware of David Allen
BCH community needs to be very careful of FVNI society and its founder David R Allen, who I believe is behind a lot of mischief that is happening behind the scenes. He appears to have hijacked ABC, just like blockstream hijacked the core team. Developer capture is the modus operandi for people who do not want bitcoin to succeed.
Not much is known about David R Allen pre 2012, but from what I could find, the guy seems have a history of scams and other suspicious behavior. here's a small list of what could be found on the internet.
He ran a scam Israeli ICO getgemz, token name GEMZ, that ICO stole 2600 BTC from investors [https://bitcointalk.org/index.php?topic=1585607.0](https://bitcointalk.org/index.php?topic=1585607.0)
Here's David shilling the ICO well after it was exposed as a scam [https://medium.com/@DavidAreAllen/future-bright-for-gemz-and-bitcoincash-33db64ccbd0b](https://medium.com/@DavidAreAllen/future-bright-for-gemz-and-bitcoincash-33db64ccbd0b)
David R Allen was also a director of Bitcoin foundation [https://github.com/David-R-Allen](https://github.com/David-R-Allen)
He was publicly accused by the foundation's president Bruce Fenton for mismanaging funds earmarked for bitcoin developers, when it went bust. [https://www.newsbtc.com/2015/12/21/bitcoin-foundation-suspends-elections-rift-out-in-the-open/](https://www.newsbtc.com/2015/12/21/bitcoin-foundation-suspends-elections-rift-out-in-the-open/)
This should be a big red flag for anyone letting him manage funds for BCH development
David R Allen is still the general manager for BTC maximalist podcast, let's talk bitcoin aka LTB [https://letstalkbitcoin.com/submissions](https://letstalkbitcoin.com/submissions)
This is a huge red flag since other people associated with LTB are all small block saboteurs who were have been instrumental in spreading small block propaganda among masses.
David R Allen showed up on the BCH scene in early June 2018 [https://news.bitcoin.com/bch-businesses-launch-development-fund-for-bitcoin-cash/](https://news.bitcoin.com/bch-businesses-launch-development-fund-for-bitcoin-cash/)
Just 6 weeks after his arrival on BCH scene, Amaury posted the preconsensus article that created a rift in the community and lead to the bch/bsv split [https://www.reddit.com/r/btc/comments/90c5a4/on\_markets\_and\_preconsensus/](https://www.reddit.com/r/btc/comments/90c5a4/on_markets_and_preconsensus/)
David R Allen and Phillipa Insinger aka u/phlip68 were reaching out to people in the big block community in fall last year, and buying their loyalty by paying them off. [https://twitter.com/JimmyNLose/status/1169718693833662469](https://twitter.com/JimmyNLose/status/1169718693833662469)
Even now, David and Phlip68 are constantly scanning BCH telegram channels and sending private messages to anyone who questions Amaury/ABC, likely to see if they can be bought off.
David R Allen controls many important BCH twitter handles such as u/TheJoyofBitcoin u/TheFutureofBCH u/onchainscaling . Many of these were bought off from their original owners.
Recently in an apparent coup, David Allen and phlip68 took over moderator roles on the largest BCH telegram group t.me/bitcoincashfork . They are using this position to actively ban or censor anyone who questions ABC's reluctance to scaling.
This one is not confirmed but apparently another David R Allen was involved in quadriga CX scam through quadriga's TCA bank , of which he was a director [https://opencorporates.com/officers/61813364 BTW](https://opencorporates.com/officers/61813364%C2%A0BTW), David R Allen and Gerald Cotton of Quadriga were neighbors from Vancouver BC
[https://twitter.com/intel\_jakal/status/1194486395009556480?s=19](https://twitter.com/intel_jakal/status/1194486395009556480?s=19)
My conclusion is that David R Allen formed FVNI society, to subvert the big blocker movement through bringing in dirty money that funds ABC, and pushes ABC against BU. Anyone in BCH community should questions why someone with David's past is allowed to run the Developer fund society and why is David allowed to play such a key role in BCH development, given he's neither a developer, nor a champion of adoption, or a major investor.
Important information about David R Allen and his involvement in sabotaging big block community.
Orchid OXT & Bitcoin.com According to the article "The Orchid token (OXT) will be listed on the [Bitcoin.com Exchange](https://exchange.bitcoin.com/) on **Wednesday, August 5th, at 10:00 am UTC** with OXT/[BTC](https://markets.bitcoin.com/crypto/BTC) and OXT/[USDT](https://markets.bitcoin.com/crypto/USDT) trading pairs".
I cannot find a listing. Anyone know reason for delay?
​
thank you
I added bitpay (BTC/BCH/ETH) to accept payments at my board and got my first sale. Guess which system the buyer chose to pay with? :-)
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Frequently Asked Questions and Information ThreadThis FAQ and information thread serves to inform both new and existing users about common Bitcoin topics that readers coming to this Bitcoin subreddit may have. This is a living and breathing document, which will change over time. If you have suggestions on how to change it, please comment below or message the mods.
***
**What is \/r\/btc?**
The \/r\/btc reddit community was originally created as a community to discuss bitcoin. It quickly gained momentum in August 2015 when the bitcoin block size debate heightened. On the legacy \/r\/bitcoin subreddit it was discovered that moderators were heavily censoring discussions that were not inline with their own opinions.
Once realized, the subreddit subscribers began to openly question the censorship [which led to](http://archive.is/0G8az) thousands of redditors being banned from the \/r\/bitcoin subreddit. A large number of redditors switched to other subreddits such as /r/bitcoin_uncensored and /r/btc. For a run-down on the history of censorship, please read *[A (brief and incomplete) history of censorship in \/r\/bitcoin by John Blocke](https://medium.com/@johnblocke/a-brief-and-incomplete-history-of-censorship-in-r-bitcoin-c85a290fe43)* and *[/r/Bitcoin Censorship, Revisted by John Blocke](https://medium.com/@johnblocke/r-bitcoin-censorship-revisited-58d5b1bdcd64)*. As yet another example, \/r\/bitcoin [censored 5,683 posts and comments](https://www.reddit.com/r/noncensored_bitcoin/comments/7414nf/september_2017_stats_post/) just in the month of September 2017 alone. This shows the sheer magnitude of censorship that is happening, which continues to this day. [Read a synopsis of /r/bitcoin](https://www.reddit.com/r/BitcoinMarkets/comments/6rxw7k/informative_btc_vs_bch_articles/dl8v4lp/) to get the full story and a complete understanding of [why people are so upset](https://www.reddit.com/r/KarmaCourt/comments/5gvqf6/and_now_for_something_completely_different_the/) with \/r\/bitcoin's censorship. Further reading can be found [here](https://www.reddit.com/r/btc/comments/83vgdm/a_collection_of_evidence_regarding_bitcoins/) and [here](https://www.reddit.com/r/btc/comments/cpftea/its_important_to_remember_the_past_and_show/ewp7abj/) with a giant collection of information regarding these topics.
***
**Why is censorship bad for Bitcoin?**
As demonstrated above, censorship has become prevalent in almost all of the major Bitcoin [communication channels](https://www.reddit.com/r/btc/comments/5mxov4/wtf_north_koreas_cgc_tries_to_control_bitcoin/dc78hwl/). The [impacts of censorship in Bitcoin](https://www.reddit.com/r/btc/comments/5cxx8t/the_impacts_of_censorship/) are very real. *"Censorship can really hinder a society if it is bad enough. Because media is such a large part of people’s lives today and it is the source of basically all information, if the information is not being given in full or truthfully then the society is left uneducated [...] Censorship is probably the number one way to lower people’s right to freedom of speech."* By censoring certain topics and [specific words](https://www.reddit.com/r/btc/comments/5vr7ij/partial_list_of_words_that_automod_removes_from/), people in these Bitcoin communication channels are literally being brain washed into thinking a certain way, molding the reader in a way that they desire; this has a lasting impact especially on users who are new to Bitcoin. Censoring in Bitcoin is the direct opposite of what the spirit of Bitcoin is, and should be condemned anytime it occurs. Also, it's important to [think critically](https://www.reddit.com/r/btc/comments/5txje0/edward_snowden_the_answer_to_fake_news_is_not/) and [independently](https://www.reddit.com/r/btc/comments/9cm3nj/psa_the_sub_has_been_under_attack_by_various_bad/), and have an open mind.
***
**Why do some groups attempt to discredit \/r\/btc?**
This subreddit has become a place to discuss everything Bitcoin-related and even other cryptocurrencies at times when the topics are relevant to the overall ecosystem. Since this subreddit is one of the few places on Reddit where users will not be censored for their opinions and people are allowed to speak freely, truth is often said here without the fear of reprisal from moderators in the form of bans and censorship. Because of this freedom, people and groups who don't want you to hear the truth with do almost anything they can to try to stop you from speaking the truth and try to manipulate readers here. You can see many cited examples of cases where special interest groups have gone out of their way to attack this subreddit and attempt to disrupt and discredit it. [See the examples here](https://old.reddit.com/r/btc/comments/9cm3nj/psa_the_sub_has_been_under_attack_by_various_bad/).
***
**What is the goal of \/r\/btc?**
This subreddit is a diverse community dedicated to the success of bitcoin. \/r\/btc honors the spirit and nature of Bitcoin being a place for open and free discussion about Bitcoin without the interference of moderators. Subscribers at anytime can look at and review the [public moderator logs](https://modlogs.fyi/r/btc). This subreddit does have [rules](https://www.reddit.com/r/btc/wiki/index#wiki_rules_for_this_subreddit_.28also_in_the_sidebar.29) as mandated by reddit that we must follow plus a couple of rules of our own. Make sure to **[read the /r/btc wiki](https://www.reddit.com/r/btc/wiki/index)** for more information and resources about this subreddit which includes information such as the benefits of Bitcoin, how to get started with Bitcoin, and more.
***
**What is Bitcoin?**
Bitcoin is a digital currency, also called a virtual currency, which can be transacted for a low-cost nearly instantly from anywhere in the world. Bitcoin also powers the blockchain, which is a public immutable and decentralized global ledger. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. There is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can *be your own bank*. [Read the Bitcoin whitepaper](https://bitcoin.com/bitcoin.pdf) to further understand the schematics of how Bitcoin works.
***
**What is Bitcoin Cash?**
Bitcoin Cash (ticker symbol: BCH) is an updated version of Bitcoin which solves the scaling problems that have been plaguing Bitcoin Core (ticker symbol: BTC) for years. Bitcoin (BCH) is just a continuation of the Bitcoin project that allows for bigger blocks which will give way to more growth and adoption. You can read more about Bitcoin on [BitcoinCash.org](https://bitcoincash.org) or read [What is Bitcoin Cash](https://www.bitcoin.com/info/what-is-bitcoin-cash) for additional details.
***
**How do I buy Bitcoin?**
You can buy Bitcoin on an exchange or with a brokerage. If you're looking to buy, you can [buy Bitcoin with your credit card](https://buy.bitcoin.com/) to get started quickly and safely. There are several others places to buy Bitcoin too; please check the sidebar under brokers, exchanges, and trading for other go-to service providers to begin buying and trading Bitcoin. Make sure to [do your homework first](https://www.bitcoin.com/get-started/how-to-choose-the-right-bitcoin-exchange/) before choosing an exchange to ensure you are choosing the right one for you.
***
**How do I store my Bitcoin securely?**
After the initial step of buying your first Bitcoin, you will need a Bitcoin wallet to secure your Bitcoin. Knowing which Bitcoin wallet to choose is the second most important step in becoming a Bitcoin user. Since you are investing funds into Bitcoin, choosing the right Bitcoin wallet for you is a critical step that shouldn’t be taken lightly. [Use this guide to help you choose the right wallet for you](https://www.bitcoin.com/get-started/how-to-choose-the-right-bitcoin-wallet/). Check the sidebar under Bitcoin wallets to get started and find a wallet that you can store your Bitcoin in.
***
**Why is my transaction taking so long to process?**
Bitcoin transactions typically confirm in ~10 minutes. A confirmation means that the Bitcoin transaction has been verified by the network through the process known as mining. Once a transaction is confirmed, it cannot be reversed or double spent. Transactions are included in blocks.
If you have sent out a Bitcoin transaction and it’s delayed, chances are the [transaction fee](https://bitcoinfees.cash/) you used wasn’t enough to out-compete others causing it to be [backlogged](https://jochen-hoenicke.de/queue/#0,24h). The transaction won’t confirm until it clears the backlog. This typically occurs when using the Bitcoin Core (BTC) blockchain due to poor central planning.
If you are using Bitcoin (BCH), you shouldn't encounter these problems as the block limits have been raised to accommodate a massive amount of volume freeing up space and lowering transaction costs.
***
**Why does my transaction cost so much, I thought Bitcoin was supposed to be cheap?**
As described above, transaction fees have spiked on the Bitcoin Core (BTC) blockchain mainly due to a limit on transaction space. This has created what is called a *fee market*, which has primarily been a premature artificially induced price increase on transaction fees due to the limited amount of block space available (supply vs. demand). The original plan was for fees to help secure the network when the block reward decreased and eventually stopped, but the plan was not to reach that point until some time in the future, [around the year 2140](https://wiki.bitcoin.com/w/Controlled_supply#Projected_Bitcoins_Long_Term). This original plan was restored with Bitcoin (BCH) where fees are typically less than a single penny per transaction.
***
**What is the block size limit?**
The original Bitcoin client didn’t have a block size cap, however was limited to 32MB due to the Bitcoin protocol message size constraint. However, in July 2010 Bitcoin’s creator Satoshi Nakamoto introduced a [temporary 1MB limit](https://sourceforge.net/p/bitcoin/code/103/tree//trunk/main.h?diff=515630145fcbc978e39dbaa5:102) as an anti-DDoS measure. The temporary measure from Satoshi Nakamoto was made clear three months later when Satoshi said the block size limit can be [increased again by phasing it in](https://archive.is/L5yvP#selection-3315.0-3315.7) when it’s needed (when the demand arises). When introducing Bitcoin on the cryptography mailing list in 2008, Satoshi said that [scaling to Visa levels](https://www.mail-archive.com/cryptography%40metzdowd.com/msg09964.html) “would probably not seem like a big deal.”
***
**What is the block size debate all about anyways?**
The block size debate boils down to different sets of users who are trying to come to consensus on the best way to scale Bitcoin for growth and success. Scaling Bitcoin has actually been a topic of discussion since Bitcoin was first released in 2008; for example you can read how Satoshi Nakamoto was [asked about scaling here](https://www.mail-archive.com/cryptography%40metzdowd.com/msg09964.html) and how he thought at the time it would be addressed. Fortunately Bitcoin has seen tremendous growth and by the year 2013, scaling Bitcoin had became a hot topic. For a run down on the history of scaling and how we got to where we are today, see the [Block size limit debate history lesson post](https://www.reddit.com/r/btc/comments/61mxuj/block_size_limit_debate_history_lesson/).
***
**What is a hard fork?**
A hard fork is when a block is broadcast under a new and different set of protocol rules which is accepted by nodes that have upgraded to support the new protocol. In this case, Bitcoin diverges from a single blockchain to two separate blockchains (a majority chain and a minority chain).
***
**What is a soft fork?**
A soft fork is when a block is broadcast under a new and different set of protocol rules, but the difference is that nodes don’t realize the rules have changed, and continue to accept blocks created by the newer nodes. Some argue that [soft forks are bad](https://medium.com/@octskyward/on-consensus-and-forks-c6a050c792e7) because they *trick* old-unupdated nodes into believing transactions are valid, when they may not actually be valid. This can also be defined as coercion, as [explained by Vitalik Buterin](https://vitalik.ca/general/2017/03/14/forks_and_markets.html).
***
**Doesn't it hurt decentralization if we increase the block size?**
Some argue that by lifting the limit on transaction space, that the cost of validating transactions on individual nodes will increase to the point where people will not be able to run nodes individually, giving way to centralization. This is a false dilemma because at this time there is no proven metric to quantify decentralization; although it has been shown that the [current level of decentralization will remain](https://www.reddit.com/r/btc/comments/5fyve1/fallacy_the_key_to_bitcoins_decentralization_is_a/) with or without a block size increase. It's a logical fallacy to believe that decentralization only exists when you have people all over the world running full nodes. The reality is that only people with the income to sustain running a full node (even at 1MB) will be doing it. So whether it's 1MB, 2MB, or 32MB, the costs of doing business is negligible for the people who can already do it. If the block size limit is removed, this will also allow for more users worldwide to use and transact introducing the likelihood of having more individual node operators. [Decentralization is not a metric, it's a tool or direction](https://twitter.com/lopp/status/693537120351293440). This is a good video describing the direction of how [decentralization should look](https://www.youtube.com/watch?v=7S1IqaSLrq8).
Additionally, the effects of increasing the block capacity beyond 1MB [has been studied](https://www.cryptocoinsnews.com/cornell-study-recommends-4mb-blocksize-bitcoin/) with results showing that up to 4MB is safe and will not hurt decentralization ([Cornell paper, PDF](http://fc16.ifca.ai/bitcoin/papers/CDE+16.pdf)). Other papers also show that no block size limit is safe ([Peter Rizun, PDF](https://www.bitcoinunlimited.info/resources/feemarket.pdf)). Lastly, through an informal survey among all top Bitcoin miners, many agreed that a block size increase [between 2-4MB is acceptable](http://archive.is/U3dqr).
***
**What now?**
Bitcoin is a fluid ever changing system. If you want to keep up with Bitcoin, we suggest that you subscribe to /r/btc and stay in the loop here, as well as other places to get a healthy dose of perspective from different sources. Also, check the sidebar for additional resources. Have more questions? [Submit a post](https://www.reddit.com/r/btc/submit?selftext=true) and ask your peers for help!
The only one I know of is BitcoinCashers: https://discord.gg/W77a45
What can I do for you?
DAA Workgroup Telegram Dump - When was prior drift correction first mentioned again? - Grasberg? - IFP v2?
DAA Workgroup Telegram Dump - When was prior drift correction first mentioned again? - Grasberg? - IFP v2?
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I think so
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iStorY mEI just want to know if i am doing these codes which i know needs many or heavy labor on editing..who does that part?
You got scammed, Michael
Why is the ETC Price Steady Despite Risk of Further 51% Attacks?
Despite suffering its second 51% in a week, and major exchanges disabling deposit, withdrawal, and some trading services, Ethereum Classic is up 2% over yesterday.
After suffering two major blockchain reorganizations over the past week, Ethereum Classic [(ETC](https://cointelegraph.com/etc-price-index)) has seen its [hash rate](https://cointelegraph.com/tags/hash-rate) plummet — exacerbating the risk of further 51% attacks targeting the network.
As a consequence of the ETC’s miner capitulation, the estimated cost of executing a 51% attack targeting Ethereum Classic using hash power rented from NiceHash has fallen from $12,000 per hour as of yesterday to less than $4,000, according to [Crypto51](https://www.crypto51.app/).
Despite this, the price has been unaffected by the apparent fragility of the network, with the crypto asset actually gaining more than 2% over the dollar since news of the second reorganization attack broke yesterday to currently trade for $7.21.
Exchanges report $800M in 24-hour ETC volume
---------------------------------------------
24-hour trade volume is up roughly 10% from the level posted only a few days [before](https://coinmarketcap.com/historical/20200726/) the first 51% attack, with orders continuing to execute across most top exchanges, including Coinbase Pro, Binance, Okex, Bitfinex, and KuCoin.
The increase in trade activity comes despite the [suspension](https://twitter.com/binance/status/1291225022866944000) of withdrawal, deposit, and margin funding services among a number of leading [crypto exchanges](https://cointelegraph.com/tags/cryptocurrency-exchange).
ETC posts wishy-washy market signals
------------------------------------
The strength of ETC’s markets despite exchange’s having disabled wallet activity raises questions about whether algorithmic bots may be driving much of the current trade activity.
In 2019 a report published by Blockchain Transparency Institute estimated that Ethereum Classic was among the [three-most wash-traded crypto assets](https://cointelegraph.com/news/global-wash-trading-on-crypto-markets-down-by-over-35-bti-reports) — with more than 80% of volume having been flagged as suspicious.
Ethereum Classic miners capitulate
----------------------------------
After hovering between roughly five and six terahashes per second (TH/s) through July, ETC’s hash power dropped to approximately four TH/s over the past seven days after news of the initial [51% attack](https://cointelegraph.com/news/51-attack-bleeds-more-than-5m-from-ethereum-classic) broke.
A [second attack](https://cointelegraph.com/news/is-etc-102-screwed-after-second-51-attack) yesterday saw hash power spike up to 9 TH/s, before plummeting to less than 2.5 TH/s.
_Ethereum Classic hash rate - Source: [2miners](https://2miners.com/etc-network-hashrate)_
Similarly, the hashing rate available for hire on NiceHash is now equal to more than triple the power needed to attack the network, while NiceHash’s power equated to 132% of the power required to capture 51% ETC’s hash rate.
Numerous mining pools also have disabled ETC payouts and encouraged miners to switch over to Ethereum (ETH) in response to the second attack.
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Rival Bitcoin Cash Camps Look Set to Compromise
"Rival Bitcoin Cash Camps Look Set to Compromise"https://cointelegraph.com/news/rival-bitcoin-cash-camps-look-set-to-compromise/amp
> ###Bitcoin Cash’s ABC and BCHN camps look set to compromise on the protocol’s coming upgrades in November.
> Amaury Sechet, the lead developer of Bitcoin Cash (BCH), has announced new plans for the network's coming November upgrade designed to find a compromise between proponents of the ‘Bitcoin ABC’ and ‘BCHN’ proposals.
> Sechet posted on August 6 that the November upgrade will implement two main changes to the protocol — the implementation of the ‘Aserti3-2d’ difficulty adjustment proposed by Jonathan Toomin and Mark Lundeberg, and the implementation of an infrastructure funding plan (IFP) in the form of the ‘Coinbase Rule.’
> ###Meeting in the middle
> The Aserti3-2d adjustment was proposed by lead BCHN maintainer, Jonathan Toomim, and will be implemented in place of the controversial Grasberg algorithm that was recently advanced by Sechet.
> Meanwhile, an infrastructure funding plan recently opposed by BCHN supporters will see 8% of all newly mined BCH designated to a treasury address for grant dispersal.
> Sechet’s post comes after tensions over proposed difficulty algorithm adjustments for the protocol saw multiple individuals storm out of a developer meeting — initiating rumors that the November upgrade may result in yet another chain split for BCH.
> ###Infrastructure funding remains voluntary
> Speaking to Cointelegraph, outspoken BCH proponent Hayden Otto said that the new plan for November’s upgrade resolves “the issue which was causing contention” between Bitcoin Cash’s ABC and BCHN camps.
> Despite his optimism that tensions within the community will ease with the upgrade, Otto said that contributions to the IFP will remain voluntary until November, creating a “free-riding problem” where “a select few of the miners are funding everything.”
>> *“It gives [miners] who don’t fund anything a competitive advantage against those who do.”*
<SMH>
If you are reading this and don't know already I am interested/supportive in/of a well designed Funding Plan, this is fucking not a well designed IFP.
I will continue to hope that at some future date a well designed Funding Plan can be adopted, but until then... quite bluntly...
FUCK you ABC.
Meh, this is the real bitcoin
/R/COMMUCURRENCY IS THE REAL BITCOIN
r/commucurrency is the real Bitcoin
r/commucurrency is the real Bitcoin
/R/COMMUCURRENCY IS THE REAL BITCOIN
Samet akoğluFree btc
Pretty sure the IFP is dead in the water, so not sure why its even mentioned.
Other than that pretty nice writeup.
Although why the hate for reddit?
..I’m so dumb. I’ve painted shit in my head I can’t prove and I apologize. Sucks to be me most of the time unfortunately.
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Amaury is the new Craig Wright. Well at least he is acting like that now.
There are miners mining Bitcoin, Bitcoin Cash, Bitcoin SV, Bitcoin Diamond, Unobtanium, BitcoinV, Namecoin, ILCoin, Litecoin Cash, EmerCoin, IXCoin [and more](https://www.coinlore.com/coins/sha256)...
All of these are SHA256 coins - same algorithm that is used by BTC, BCH (ABC and BCHN).
**Any** of them will mine a coin that is profitable, except for ideological miners such as BSV.
Any DAA (even on BTC and BSV) ensures that at some point some of these SHA256 miners will find it profitable to mine the coin where difficulty is lower and therefore profit is higher.
They don't care, they will just price in 8% cut and 11 minute drift and wait until difficulty is 9% lower than on BCHN or 10% or 11%, IDK, They don't care, because they will sell the coins as soon as possible to pay for the electricity and get profit.
Pure greed.
Pretty sure the Bitcoin.com pool is the only one still signaling for BCHN.
While that's more a vote against the IFP (which is why BCHN was created,) that is also more or less a "Fuck you" vote to ABC.
I don't think there is a lot of active DAA signaling, but if you're pro-ASERT, that would be a good pool to stay in.
Amaury Sechet = New Greg Maxwell, ABC = New BlockstreamComplete with manipulation, lies, and horse trading tactics to get their way in literally robbing the chain.
Seems more and more like ABC was bought out to do this to us yet again.
Fuck you Amaury, thanks for wasting our time.
>BC's fork then our network will have to fight for survival particularly among payment processors, but importantly finding a price for a new ticker. But if BCH ticker remains with our network then the new price is related to the
Coinex have already said that they will give BCH ticker to ABC.
Do you really think that ABC would implement this and knowing full well it could go down to a hash war without being prepared with backing from miners?
It is likely they have secured backing by big Chinese miners in preparation for this.
>The Coinbase Rule improvement is as follows: All newly mined blocks must contain an output assigning 8% of the newly mined coins to a specified address.
Fuck you Amaury.
This is just more justification its time for ABC to go away, or we can just look forward to more of this dumb fuckery from a greedy, tone-deaf fool.
>BC's fork then our network will have to fight for survival particularly among payment processors, but importantly finding a price for a new ticker. But if BCH ticker remains with our network then the new price is related to the
Coinex have already said that they will give BCH ticker to ABC.
They have been talking about this for ages. They are the ones that have been bringing it up in the meetings.
Do you really think that ABC would implement this and knowing full well it could go down to a hash war without being prepared with backing from miners?
It is likely they have secured backing by big Chinese miners in preparation for this.
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Blockstream Does Not Control BitcoinBlockstream controls Blockstream. They create and campaign for the open source software that they create. A harsh reality here: **BCH will never be Bitcoin while it is suckling on the teats of Blockstream**. It can't get ahead while it is *relying on the code* created by a group that this community vilifies. It can only get ahead by making better code.
If you can't tell, I'm getting pretty sick of hearing the Blockstream sentiment. It's intellectually lazy and it fails to see that Bitcoin is so much larger than some company (or some discussion platform at that).
Victim shmictim. Buck up, roll up those sleeves and get to work instead of blaming BCH's current market position on Blockstream. Maybe a good starting point is the reference implementation. Why in all heck is it a monolith? It should be modular if we want devs to build with it.
Maybe Bitcoin doesn't yet have its reference implementation. Maybe it's out there and it's not yet well known. Regardless, Blockstream does not control Bitcoin. Bitcoin is open source.
PSA - Warning: Alpha Male Shill specimen /u/Contrarian__ located in parent comment.
Relative Shill Threat Level (RSTL): High
-------------
Use [Reddit Enhancement Suite](https://redditenhancementsuite.com/) and [DYOR](https://www.urbandictionary.com/define.php?term=DYOR). Be safe from shilling.
We really need to stop saying that we dont censor. Its too easy to disprove. https://imgur.com/a/dL6mdBh
Anyone know if you can create an address filter in Electron Cash like you can in Electrum?I'd like to filter my addresses so they show used and unused addresses
I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:
- [/r/negativewithgold] ["You have to pretend the lightning network doesn’t exist for this to make sense. There’s a long tail of shitcoins..." \[-14\]](https://www.reddit.com/r/NegativeWithGold/comments/i423dx/you_have_to_pretend_the_lightning_network_doesnt/)
*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*
Instead of a fork, that childish fucker Amaury needs to be expunged.
Instead of a fork, that childish fucker Amaury needs to be expunged.
It's my test blog(site:https://reddit.com)Hello, world.
God I hate the dumb cunt Amury so much.
[Linus Torvalds: Nvidia, Fuck You!](https://youtu.be/iYWzMvlj2RQ)
Tensions Flare: Is Bitcoin Cash Headed to Another ‘Catastrophic’ Fork?
they want out? let them go. wish them luck.​
first post
about me-
name- 666
\-pro bch
\-pro bchabc
well the fork coming in November-will at the time of writing will include a split. from the way the community is looking.
no need to fear or worry.
the crowd who want to split are looking out for best interest and this is fine.
let them go do not beg or ask them to stay if they want out we will open the door and show them the way.
individuals trying to gain fame out of this is simply laughable.
outside forces causing this is possible.
where does that leave us all..
for one bchabc will keep the ticker and name bitcoin cash.
the hash rate will stay with bchabc and continue too grow once price comes on par with btc.
i predict this will happen early 2021.
btc to drop to lower 3000 range and bch to be in the 2000 range. do your math or ask a expert to verify.
future developments can and will result in another fork in near future only time will tell.
for bitcoin cash to become p2p for the world. blocks need to go 1tb. block time will need to be faster perhaps- seconds or mins.
adoption needs to take place global. not just a few thousand tx per day but into the millions. which can be done once price increases to the thousands.
dont bet on india being the next hub as the belief system is against any form of crypto as it views it as gambling.
dont bet on dollar hyper inflating as this will be disaster for whole global economy including crypto. hope for slight increases over coming 5-10 years.
also the crowd who want out will have to adopt a new- name- ticker symbol and social media platform which is fully at your disposal. with the funding coming from blockstream and US government. no one else would waste time on this.
no need to get upset or spread any more on this topic about split or anything else.
if you want out you know where the door is.
stop causing distress in the community and investors.
again.
stop this bullshit and move on in your life.
the memes and comments are simply weapons trying to harm the supporters of current bitcoin cash and brings damage to all hard work been done by those involved.
you should be grateful for being allowed into this project and having your thoughts heard.
enough is enough.
no more commenting on the matter take the rubbish elsewhere and stop stealing clients.users.followers from bitcoin cash. bitcoin cash abc.
to all currently in bitcoin cash bch bchabc- continue spreading the word and tell anyone you know on the subject. human interaction is key and explain how it all works.
regards
​
666.
Is Bitcoin our last hope against an Orwellian future?Tech monopolies track & control nearly all of our data, privacy is an afterthought, the government has full control over our bank accounts, etc. The disintermediation provided by decentralized tech is the only way I see self sovereign power returning to the individual - anyone else feel this way?
This is giving me the urge to drop off the grid & live solely off my ledger lol
Just found this community from [NewGenesis](https://www.newgenesis.io/)'s newsletter (check it out, an anonymous collective in crypto protesting the status quo), so apologies if this post is in the incorrect format.
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Bitcoin mining: popular software for managing the processesThe Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.
## Hive OS: an all-in-one solution
[Hive OS](https://hiveos.farm/?ref=176297) is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own [pool](https://hiveon.net/) and custom [firmware for ASICs](https://hiveos.farm/asic/). It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.
## СGMiner: suitable for experienced owners of AMD cards
[CGMiner](https://github.com/ckolivas/cgminer) is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.
## Cudo Miner: a nice option for beginners
[Cudo Miner](https://www.cudominer.com/) is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.
## SimpleMining: the choice of GPU owners
[SimpleMining](https://simplemining.net/) is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.
## Hashr8: for users who know everything about mining
[Hashr8](http://os.hashr8.com/) is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.
## Awesome Miner: suitable for centralized mining management
[Awesome Miner](https://www.awesomeminer.com/) allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.
## What Software to Choose?
Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
I really don't want a fork. I want that childish fucker Amaury expunged.
Is Coinberry.com a scam?I have been using coinberry for a year or so with no issues.
Then this weekend I tried to withdraw $5000.
Now my account is frozen, I can't move my BTC off the exchange and my account is in "read-only" mode.
Support is giving me the run around and I am looking at legal action.
They are basically non-responsive. When they do respond they tell me to upload documents for identity (which I had already done and my account "was" verified) now my account is suddenly not verified and I need to re-upload. I have re-uploaded but now receiving errors that the quality of the upload is not good enough. I took clear and good photos of identification for upload.
Is coinberry a scam?
I am reading mixed reviews.
I have over $5000 in crypto on their platform and I am waiting for a $5000 e-trasnfer! Suddenly my account is FROZEN!
I can't even move my BTC off their platform.
I am extremely concerned they are not going to give me my money. This was crypto I was saving for over a year! My family are nearly in tears (my wife and son) and this is absolutely devastating. We need this money. I am in talks with my lawyer and we are looking at next steps.
>Can't I fake parameters of the other input in merge()?
>
>If I use only ONE input, I can fake otherAmount and otherP2SHHash160 since they are never validated?Even if I use two inputs, I can fake index and thus otherAmount and otherP2SHHash160. For example, I put index as 0 in both inputs.
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Bitcoin: Debate Over Scaling (Documentary)
What I learned from #BitcoinCash 3 year anniversary... is that correct name is not Birthday but Independence Day. Also saw Amaury still spoiling the party for many but [\#Ethereum](https://twitter.com/hashtag/Ethereum?src=hashtag_click) don't give a damn and continues to widen the price gap.
We need to step it up: [https://flipstarter.mainnet.cash](https://t.co/32qAEFYuEO?amp=1)
Can't I fake parameters of the other input in `merge()`?
1. If I use only ONE input, I can fake `otherAmount` and `otherP2SHHash160` since they are never validated?
2. Even if I use two inputs, I can fake `index` and thus `otherAmount` and `otherP2SHHash160.` For example, I put index as 0 in both inputs.
[Rent] Cryptocurrency ASIC miner with full control and access and start mining within max 24 hours
At the moment, there are only two option:
- bend to Amaurys will unconditionaly
- do the thing everyone else finds reasonable and risk a split
This situation is solely Amaurys fault. Had he introduced his algorithm at the beginning without the "fuck you I will do what I want" mentality nothing like this would have happened.
Message from our fundI am writing this as a request from our fund managing cryptocurrency and other investments. We have been in the game since early 2017 and have been following the crypto scene. Most of our team have been in crypto much longer.
​
In Q2 of this year we noticed a big difference in the Bitcoin Cash community and software development. There seems to have been a lot of infighting and disagreement leading to uncertainty. The risk this is posing for out investors has made it difficult to hold a position in BCH.
​
Hence, we have greatly reduced our exposure until we see change in direction and will be focusing our efforts on several other crypto projects.
​
Thank you,
​
WS
Bitcoin: Debate Over Scaling (Documentary)
> Ya, that was a way to say f**k You to ABC.
No, Mr Toomim worked with the whole ecosystem. Mr Toomim's [MR to BCHN's gitlab](https://gitlab.com/bitcoin-cash-node/bitcoin-cash-node/-/merge_requests/692) is a fruitful collaborative initiative with tens of comments and commits. I see nothing wrong with it, and nothing "fuck you" about it.
> thinking getting rid of one of our dev teams can help fix a problem BCH has always had.
A team that think they own the protocol. Yes, we already had that in 2017.
> BCH has long been less development-decentralized than we all want it to be.
Yes, it's high time to act about it. Over time, ABC has taken steps to centralize power in their hands, can't expect them to give it up.
We will be reducing our BCH exposure due to recent misdirection in Bitcoin CashI am writing this as a request from our fund managing cryptocurrency and other investments. We have been in the game since early 2017 and have been following the crypto scene. Most of our team have been in crypto much longer.
In Q2 of this year we noticed a big difference in the Bitcoin Cash community and software development. There seems to have been a lot of infighting and disagreement leading to uncertainty. The risk this is posing for out investors has made it difficult to hold a position in BCH.
Hence, we have greatly reduced our exposure until we see change in direction and will be focusing our efforts on other crypto projects.
Thank you,
WS
This is a good thing. Amaury can pay back the mining schedule fuck up at the fork. What's the big deal of 1 more minute to make bch the stronger coin? just add weak blocks and forget about this minor detail.
We only need one developer to build sound money for the world!According to /u/NilacTheGrim "What Amaury's team does can be done literally by 1 guy in his spare time."
Bitcoin ABC is competing with the likes of Bitcoin Core which has 50 developers per month contributing, and Ethereum which has 99 monthly developers on average contributing to protocol development.
https://cointelegraph.com/news/ethereum-has-more-than-twice-as-many-core-devs-per-month-as-bitcoin-report
ConsenSys published a report according to which there were 1,243 active developers working in the Ethereum ecosystem in June 2019.
https://www.crypto-news-flash.com/one-million-developers-will-work-on-ethereum-in-the-long-term/#:~:text=Exact%20numbers%20on%20the%20number,for%20Ethereum%20in%20June%202019.
Top Secret Military Grade Bitcoin Systemhttps://github.com/corexcrypt/bitcoin6.0 [Github Document Link]
There is a hidden military grade framework with the name bitcoin 6.0 which has been leaked from darknet and is now made public. The author of the framework is Dr. Yuvraj Kumar who is a scientist and he has written the latest version of bitcoin 6.0 military grade e-payment system framework in 2015 on top of the existing Bitcoin 1.0 framework.
Version 1 of bitcoin framework was written by Satoshi Nakamoto as you know who is the father of bitcoin. The latest document is a top secret crypto framework document which is found in darknet and was hiding there from 2015 and it is made public recently on github. This secret military grade bitcoin system eliminates mining and induces central authority based block conversion mechanism.
This needs visibility bitcoin... It's a must have work!
Top Secret Military Grade Bitcoin systemhttps://github.com/corexcrypt/bitcoin6.0 [Github Document Link]
There is a hidden military grade framework with the name bitcoin 6.0 which has been leaked from darknet and is now made public. The author of the framework is Dr. Yuvraj Kumar who is a scientist and he has written the latest version of bitcoin 6.0 military grade e-payment system framework in 2015 on top of the existing Bitcoin 1.0 framework.
Version 1 of bitcoin framework was written by Satoshi Nakamoto as you know who is the father of bitcoin. The latest document is a top secret crypto framework document which is found in darknet and was hiding there from 2015 and it is made public recently on github. This secret military grade bitcoin system eliminates mining and it is just OMG.
This needs visibility bitcoin..
Top Secret Military Grade Bitcoin Frameworkhttps://github.com/corexcrypt/bitcoin6.0 [Github Document Link]
There is a hidden military grade framework with the name bitcoin 6.0 which has been leaked from darknet and is now made public. The author of the framework is Dr. Yuvraj Kumar who is a scientist and he has written the latest version of bitcoin 6.0 military grade e-payment system framework in 2015 on top of the existing Bitcoin 1.0 framework.
Version 1 of bitcoin framework was written by Satoshi Nakamoto as you know who is the father of bitcoin. The latest document is a top secret crypto framework document which is found in darknet and was hiding there from 2015 and it is made public recently on github. This secret military grade bitcoin system eliminates mining and it is just OMG.
This needs visibility bitcoin..
HELP, we ask you ... we ask you very much ... It depends only on you what the life of our angel will be like! The health, fate and life of a child depends on you👶 Please do not leave us ... Any help, even the smallest is worth its weight in gold вес urgent repost !!! Come on, we just have to be in
I am going to the gym. Call me when BCH hits USD $10000 plus.
For people who don't get the reference... https://cdn.discordapp.com/attachments/712250836163756112/730517473106853930/D4csdWiXsAUphb_.png
Bitcoin Cash ForkDay Anniversary Mega-ThreadSaturday, 1 August is the third anniversary of the day Bitcoin Cash forked from Bitcoin Core.
Let's celebrate this day with positive messages and consistent actions for Bitcoin Cash that promote dialog, teamwork, cooperation, respect, building, passion and fun.
Please post below your ForkDay Anniversary content. Live blog the day! Let's do this big as our next constructive step towards realizing the vision and promise of Bitcoin Cash as world-scale, censorship-resistant peer-to-peer electronic cash that empowers everyone to greater liberty and prosperity.
Frequently Asked Questions and Information ThreadThis FAQ and information thread serves to inform both new and existing users about common Bitcoin topics that readers coming to this Bitcoin subreddit may have. This is a living and breathing document, which will change over time. If you have suggestions on how to change it, please comment below or message the mods.
***
**What is \/r\/btc?**
The \/r\/btc reddit community was originally created as a community to discuss bitcoin. It quickly gained momentum in August 2015 when the bitcoin block size debate heightened. On the legacy \/r\/bitcoin subreddit it was discovered that moderators were heavily censoring discussions that were not inline with their own opinions.
Once realized, the subreddit subscribers began to openly question the censorship [which led to](http://archive.is/0G8az) thousands of redditors being banned from the \/r\/bitcoin subreddit. A large number of redditors switched to other subreddits such as /r/bitcoin_uncensored and /r/btc. For a run-down on the history of censorship, please read *[A (brief and incomplete) history of censorship in \/r\/bitcoin by John Blocke](https://medium.com/@johnblocke/a-brief-and-incomplete-history-of-censorship-in-r-bitcoin-c85a290fe43)* and *[/r/Bitcoin Censorship, Revisted by John Blocke](https://medium.com/@johnblocke/r-bitcoin-censorship-revisited-58d5b1bdcd64)*. As yet another example, \/r\/bitcoin [censored 5,683 posts and comments](https://www.reddit.com/r/noncensored_bitcoin/comments/7414nf/september_2017_stats_post/) just in the month of September 2017 alone. This shows the sheer magnitude of censorship that is happening, which continues to this day. [Read a synopsis of /r/bitcoin](https://www.reddit.com/r/BitcoinMarkets/comments/6rxw7k/informative_btc_vs_bch_articles/dl8v4lp/) to get the full story and a complete understanding of [why people are so upset](https://www.reddit.com/r/KarmaCourt/comments/5gvqf6/and_now_for_something_completely_different_the/) with \/r\/bitcoin's censorship. Further reading can be found [here](https://www.reddit.com/r/btc/comments/83vgdm/a_collection_of_evidence_regarding_bitcoins/) and [here](https://www.reddit.com/r/btc/comments/cpftea/its_important_to_remember_the_past_and_show/ewp7abj/) with a giant collection of information regarding these topics.
***
**Why is censorship bad for Bitcoin?**
As demonstrated above, censorship has become prevalent in almost all of the major Bitcoin [communication channels](https://www.reddit.com/r/btc/comments/5mxov4/wtf_north_koreas_cgc_tries_to_control_bitcoin/dc78hwl/). The [impacts of censorship in Bitcoin](https://www.reddit.com/r/btc/comments/5cxx8t/the_impacts_of_censorship/) are very real. *"Censorship can really hinder a society if it is bad enough. Because media is such a large part of people’s lives today and it is the source of basically all information, if the information is not being given in full or truthfully then the society is left uneducated [...] Censorship is probably the number one way to lower people’s right to freedom of speech."* By censoring certain topics and [specific words](https://www.reddit.com/r/btc/comments/5vr7ij/partial_list_of_words_that_automod_removes_from/), people in these Bitcoin communication channels are literally being brain washed into thinking a certain way, molding the reader in a way that they desire; this has a lasting impact especially on users who are new to Bitcoin. Censoring in Bitcoin is the direct opposite of what the spirit of Bitcoin is, and should be condemned anytime it occurs. Also, it's important to [think critically](https://www.reddit.com/r/btc/comments/5txje0/edward_snowden_the_answer_to_fake_news_is_not/) and [independently](https://www.reddit.com/r/btc/comments/9cm3nj/psa_the_sub_has_been_under_attack_by_various_bad/), and have an open mind.
***
**Why do some groups attempt to discredit \/r\/btc?**
This subreddit has become a place to discuss everything Bitcoin-related and even other cryptocurrencies at times when the topics are relevant to the overall ecosystem. Since this subreddit is one of the few places on Reddit where users will not be censored for their opinions and people are allowed to speak freely, truth is often said here without the fear of reprisal from moderators in the form of bans and censorship. Because of this freedom, people and groups who don't want you to hear the truth with do almost anything they can to try to stop you from speaking the truth and try to manipulate readers here. You can see many cited examples of cases where special interest groups have gone out of their way to attack this subreddit and attempt to disrupt and discredit it. [See the examples here](https://old.reddit.com/r/btc/comments/9cm3nj/psa_the_sub_has_been_under_attack_by_various_bad/).
***
**What is the goal of \/r\/btc?**
This subreddit is a diverse community dedicated to the success of bitcoin. \/r\/btc honors the spirit and nature of Bitcoin being a place for open and free discussion about Bitcoin without the interference of moderators. Subscribers at anytime can look at and review the [public moderator logs](https://modlogs.fyi/r/btc). This subreddit does have [rules](https://www.reddit.com/r/btc/wiki/index#wiki_rules_for_this_subreddit_.28also_in_the_sidebar.29) as mandated by reddit that we must follow plus a couple of rules of our own. Make sure to **[read the /r/btc wiki](https://www.reddit.com/r/btc/wiki/index)** for more information and resources about this subreddit which includes information such as the benefits of Bitcoin, how to get started with Bitcoin, and more.
***
**What is Bitcoin?**
Bitcoin is a digital currency, also called a virtual currency, which can be transacted for a low-cost nearly instantly from anywhere in the world. Bitcoin also powers the blockchain, which is a public immutable and decentralized global ledger. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. There is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can *be your own bank*. [Read the Bitcoin whitepaper](https://bitcoin.com/bitcoin.pdf) to further understand the schematics of how Bitcoin works.
***
**What is Bitcoin Cash?**
Bitcoin Cash (ticker symbol: BCH) is an updated version of Bitcoin which solves the scaling problems that have been plaguing Bitcoin Core (ticker symbol: BTC) for years. Bitcoin (BCH) is just a continuation of the Bitcoin project that allows for bigger blocks which will give way to more growth and adoption. You can read more about Bitcoin on [BitcoinCash.org](https://bitcoincash.org) or read [What is Bitcoin Cash](https://www.bitcoin.com/info/what-is-bitcoin-cash) for additional details.
***
**How do I buy Bitcoin?**
You can buy Bitcoin on an exchange or with a brokerage. If you're looking to buy, you can [buy Bitcoin with your credit card](https://buy.bitcoin.com/) to get started quickly and safely. There are several others places to buy Bitcoin too; please check the sidebar under brokers, exchanges, and trading for other go-to service providers to begin buying and trading Bitcoin. Make sure to [do your homework first](https://www.bitcoin.com/get-started/how-to-choose-the-right-bitcoin-exchange/) before choosing an exchange to ensure you are choosing the right one for you.
***
**How do I store my Bitcoin securely?**
After the initial step of buying your first Bitcoin, you will need a Bitcoin wallet to secure your Bitcoin. Knowing which Bitcoin wallet to choose is the second most important step in becoming a Bitcoin user. Since you are investing funds into Bitcoin, choosing the right Bitcoin wallet for you is a critical step that shouldn’t be taken lightly. [Use this guide to help you choose the right wallet for you](https://www.bitcoin.com/get-started/how-to-choose-the-right-bitcoin-wallet/). Check the sidebar under Bitcoin wallets to get started and find a wallet that you can store your Bitcoin in.
***
**Why is my transaction taking so long to process?**
Bitcoin transactions typically confirm in ~10 minutes. A confirmation means that the Bitcoin transaction has been verified by the network through the process known as mining. Once a transaction is confirmed, it cannot be reversed or double spent. Transactions are included in blocks.
If you have sent out a Bitcoin transaction and it’s delayed, chances are the [transaction fee](https://bitcoinfees.cash/) you used wasn’t enough to out-compete others causing it to be [backlogged](https://jochen-hoenicke.de/queue/#0,24h). The transaction won’t confirm until it clears the backlog. This typically occurs when using the Bitcoin Core (BTC) blockchain due to poor central planning.
If you are using Bitcoin (BCH), you shouldn't encounter these problems as the block limits have been raised to accommodate a massive amount of volume freeing up space and lowering transaction costs.
***
**Why does my transaction cost so much, I thought Bitcoin was supposed to be cheap?**
As described above, transaction fees have spiked on the Bitcoin Core (BTC) blockchain mainly due to a limit on transaction space. This has created what is called a *fee market*, which has primarily been a premature artificially induced price increase on transaction fees due to the limited amount of block space available (supply vs. demand). The original plan was for fees to help secure the network when the block reward decreased and eventually stopped, but the plan was not to reach that point until some time in the future, [around the year 2140](https://wiki.bitcoin.com/w/Controlled_supply#Projected_Bitcoins_Long_Term). This original plan was restored with Bitcoin (BCH) where fees are typically less than a single penny per transaction.
***
**What is the block size limit?**
The original Bitcoin client didn’t have a block size cap, however was limited to 32MB due to the Bitcoin protocol message size constraint. However, in July 2010 Bitcoin’s creator Satoshi Nakamoto introduced a [temporary 1MB limit](https://sourceforge.net/p/bitcoin/code/103/tree//trunk/main.h?diff=515630145fcbc978e39dbaa5:102) as an anti-DDoS measure. The temporary measure from Satoshi Nakamoto was made clear three months later when Satoshi said the block size limit can be [increased again by phasing it in](https://archive.is/L5yvP#selection-3315.0-3315.7) when it’s needed (when the demand arises). When introducing Bitcoin on the cryptography mailing list in 2008, Satoshi said that [scaling to Visa levels](https://www.mail-archive.com/cryptography%40metzdowd.com/msg09964.html) “would probably not seem like a big deal.”
***
**What is the block size debate all about anyways?**
The block size debate boils down to different sets of users who are trying to come to consensus on the best way to scale Bitcoin for growth and success. Scaling Bitcoin has actually been a topic of discussion since Bitcoin was first released in 2008; for example you can read how Satoshi Nakamoto was [asked about scaling here](https://www.mail-archive.com/cryptography%40metzdowd.com/msg09964.html) and how he thought at the time it would be addressed. Fortunately Bitcoin has seen tremendous growth and by the year 2013, scaling Bitcoin had became a hot topic. For a run down on the history of scaling and how we got to where we are today, see the [Block size limit debate history lesson post](https://www.reddit.com/r/btc/comments/61mxuj/block_size_limit_debate_history_lesson/).
***
**What is a hard fork?**
A hard fork is when a block is broadcast under a new and different set of protocol rules which is accepted by nodes that have upgraded to support the new protocol. In this case, Bitcoin diverges from a single blockchain to two separate blockchains (a majority chain and a minority chain).
***
**What is a soft fork?**
A soft fork is when a block is broadcast under a new and different set of protocol rules, but the difference is that nodes don’t realize the rules have changed, and continue to accept blocks created by the newer nodes. Some argue that [soft forks are bad](https://medium.com/@octskyward/on-consensus-and-forks-c6a050c792e7) because they *trick* old-unupdated nodes into believing transactions are valid, when they may not actually be valid. This can also be defined as coercion, as [explained by Vitalik Buterin](https://vitalik.ca/general/2017/03/14/forks_and_markets.html).
***
**Doesn't it hurt decentralization if we increase the block size?**
Some argue that by lifting the limit on transaction space, that the cost of validating transactions on individual nodes will increase to the point where people will not be able to run nodes individually, giving way to centralization. This is a false dilemma because at this time there is no proven metric to quantify decentralization; although it has been shown that the [current level of decentralization will remain](https://www.reddit.com/r/btc/comments/5fyve1/fallacy_the_key_to_bitcoins_decentralization_is_a/) with or without a block size increase. It's a logical fallacy to believe that decentralization only exists when you have people all over the world running full nodes. The reality is that only people with the income to sustain running a full node (even at 1MB) will be doing it. So whether it's 1MB, 2MB, or 32MB, the costs of doing business is negligible for the people who can already do it. If the block size limit is removed, this will also allow for more users worldwide to use and transact introducing the likelihood of having more individual node operators. [Decentralization is not a metric, it's a tool or direction](https://twitter.com/lopp/status/693537120351293440). This is a good video describing the direction of how [decentralization should look](https://www.youtube.com/watch?v=7S1IqaSLrq8).
Additionally, the effects of increasing the block capacity beyond 1MB [has been studied](https://www.cryptocoinsnews.com/cornell-study-recommends-4mb-blocksize-bitcoin/) with results showing that up to 4MB is safe and will not hurt decentralization ([Cornell paper, PDF](http://fc16.ifca.ai/bitcoin/papers/CDE+16.pdf)). Other papers also show that no block size limit is safe ([Peter Rizun, PDF](https://www.bitcoinunlimited.info/resources/feemarket.pdf)). Lastly, through an informal survey among all top Bitcoin miners, many agreed that a block size increase [between 2-4MB is acceptable](http://archive.is/U3dqr).
***
**What now?**
Bitcoin is a fluid ever changing system. If you want to keep up with Bitcoin, we suggest that you subscribe to /r/btc and stay in the loop here, as well as other places to get a healthy dose of perspective from different sources. Also, check the sidebar for additional resources. Have more questions? [Submit a post](https://www.reddit.com/r/btc/submit?selftext=true) and ask your peers for help!
BCH:Scaling the Globe: 2020 Bitcoin Cash Conference & ForkDay Celebration
Paytrill is a cryptocurrency you can count on as it is easy to use with fast confirmations and passes through PATHASH Cryptocurrency Blocks..
https://paytril.com
Aha, I did not see that meeting. I stopped paying attention after he basically said "fuck you, Grasberg!".
Interesting.
Not the same picture
Not the same picture
I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:
- [/r/negativewithgold] ["Did you ever imagine going to the Ferrari website to buy a Ferrari and being tricked into buying a Ford?..." \[-10\]](https://www.reddit.com/r/NegativeWithGold/comments/i1ugpl/did_you_ever_imagine_going_to_the_ferrari_website/)
*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*
I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:
- [/r/negativewithgold] ["But he doesn’t have any Bitcoin. He has BitcoinTrash. He got tricked." \[-10\]](https://www.reddit.com/r/NegativeWithGold/comments/i1trea/but_he_doesnt_have_any_bitcoin_he_has/)
*^(If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads.) ^\([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*
BCH:Scaling the Globe: 2020 Bitcoin Cash Conference & ForkDay Celebration
Frequently Asked Questions and Information ThreadThis FAQ and information thread serves to inform both new and existing users about common Bitcoin topics that readers coming to this Bitcoin subreddit may have. This is a living and breathing document, which will change over time. If you have suggestions on how to change it, please comment below or message the mods.
***
**What is \/r\/btc?**
The \/r\/btc reddit community was originally created as a community to discuss bitcoin. It quickly gained momentum in August 2015 when the bitcoin block size debate heightened. On the legacy \/r\/bitcoin subreddit it was discovered that moderators were heavily censoring discussions that were not inline with their own opinions.
Once realized, the subreddit subscribers began to openly question the censorship [which led to](http://archive.is/0G8az) thousands of redditors being banned from the \/r\/bitcoin subreddit. A large number of redditors switched to other subreddits such as /r/bitcoin_uncensored and /r/btc. For a run-down on the history of censorship, please read *[A (brief and incomplete) history of censorship in \/r\/bitcoin by John Blocke](https://medium.com/@johnblocke/a-brief-and-incomplete-history-of-censorship-in-r-bitcoin-c85a290fe43)* and *[/r/Bitcoin Censorship, Revisted by John Blocke](https://medium.com/@johnblocke/r-bitcoin-censorship-revisited-58d5b1bdcd64)*. As yet another example, \/r\/bitcoin [censored 5,683 posts and comments](https://www.reddit.com/r/noncensored_bitcoin/comments/7414nf/september_2017_stats_post/) just in the month of September 2017 alone. This shows the sheer magnitude of censorship that is happening, which continues to this day. [Read a synopsis of /r/bitcoin](https://www.reddit.com/r/BitcoinMarkets/comments/6rxw7k/informative_btc_vs_bch_articles/dl8v4lp/) to get the full story and a complete understanding of [why people are so upset](https://www.reddit.com/r/KarmaCourt/comments/5gvqf6/and_now_for_something_completely_different_the/) with \/r\/bitcoin's censorship. Further reading can be found [here](https://www.reddit.com/r/btc/comments/83vgdm/a_collection_of_evidence_regarding_bitcoins/) and [here](https://www.reddit.com/r/btc/comments/cpftea/its_important_to_remember_the_past_and_show/ewp7abj/) with a giant collection of information regarding these topics.
***
**Why is censorship bad for Bitcoin?**
As demonstrated above, censorship has become prevalent in almost all of the major Bitcoin [communication channels](https://www.reddit.com/r/btc/comments/5mxov4/wtf_north_koreas_cgc_tries_to_control_bitcoin/dc78hwl/). The [impacts of censorship in Bitcoin](https://www.reddit.com/r/btc/comments/5cxx8t/the_impacts_of_censorship/) are very real. *"Censorship can really hinder a society if it is bad enough. Because media is such a large part of people’s lives today and it is the source of basically all information, if the information is not being given in full or truthfully then the society is left uneducated [...] Censorship is probably the number one way to lower people’s right to freedom of speech."* By censoring certain topics and [specific words](https://www.reddit.com/r/btc/comments/5vr7ij/partial_list_of_words_that_automod_removes_from/), people in these Bitcoin communication channels are literally being brain washed into thinking a certain way, molding the reader in a way that they desire; this has a lasting impact especially on users who are new to Bitcoin. Censoring in Bitcoin is the direct opposite of what the spirit of Bitcoin is, and should be condemned anytime it occurs. Also, it's important to [think critically](https://www.reddit.com/r/btc/comments/5txje0/edward_snowden_the_answer_to_fake_news_is_not/) and [independently](https://www.reddit.com/r/btc/comments/9cm3nj/psa_the_sub_has_been_under_attack_by_various_bad/), and have an open mind.
***
**Why do some groups attempt to discredit \/r\/btc?**
This subreddit has become a place to discuss everything Bitcoin-related and even other cryptocurrencies at times when the topics are relevant to the overall ecosystem. Since this subreddit is one of the few places on Reddit where users will not be censored for their opinions and people are allowed to speak freely, truth is often said here without the fear of reprisal from moderators in the form of bans and censorship. Because of this freedom, people and groups who don't want you to hear the truth with do almost anything they can to try to stop you from speaking the truth and try to manipulate readers here. You can see many cited examples of cases where special interest groups have gone out of their way to attack this subreddit and attempt to disrupt and discredit it. [See the examples here](https://old.reddit.com/r/btc/comments/9cm3nj/psa_the_sub_has_been_under_attack_by_various_bad/).
***
**What is the goal of \/r\/btc?**
This subreddit is a diverse community dedicated to the success of bitcoin. \/r\/btc honors the spirit and nature of Bitcoin being a place for open and free discussion about Bitcoin without the interference of moderators. Subscribers at anytime can look at and review the [public moderator logs](https://modlogs.fyi/r/btc). This subreddit does have [rules](https://www.reddit.com/r/btc/wiki/index#wiki_rules_for_this_subreddit_.28also_in_the_sidebar.29) as mandated by reddit that we must follow plus a couple of rules of our own. Make sure to **[read the /r/btc wiki](https://www.reddit.com/r/btc/wiki/index)** for more information and resources about this subreddit which includes information such as the benefits of Bitcoin, how to get started with Bitcoin, and more.
***
**What is Bitcoin?**
Bitcoin is a digital currency, also called a virtual currency, which can be transacted for a low-cost nearly instantly from anywhere in the world. Bitcoin also powers the blockchain, which is a public immutable and decentralized global ledger. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. There is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can *be your own bank*. [Read the Bitcoin whitepaper](https://bitcoin.com/bitcoin.pdf) to further understand the schematics of how Bitcoin works.
***
**What is Bitcoin Cash?**
Bitcoin Cash (ticker symbol: BCH) is an updated version of Bitcoin which solves the scaling problems that have been plaguing Bitcoin Core (ticker symbol: BTC) for years. Bitcoin (BCH) is just a continuation of the Bitcoin project that allows for bigger blocks which will give way to more growth and adoption. You can read more about Bitcoin on [BitcoinCash.org](https://bitcoincash.org) or read [What is Bitcoin Cash](https://www.bitcoin.com/info/what-is-bitcoin-cash) for additional details.
***
**How do I buy Bitcoin?**
You can buy Bitcoin on an exchange or with a brokerage. If you're looking to buy, you can [buy Bitcoin with your credit card](https://buy.bitcoin.com/) to get started quickly and safely. There are several others places to buy Bitcoin too; please check the sidebar under brokers, exchanges, and trading for other go-to service providers to begin buying and trading Bitcoin. Make sure to [do your homework first](https://www.bitcoin.com/get-started/how-to-choose-the-right-bitcoin-exchange/) before choosing an exchange to ensure you are choosing the right one for you.
***
**How do I store my Bitcoin securely?**
After the initial step of buying your first Bitcoin, you will need a Bitcoin wallet to secure your Bitcoin. Knowing which Bitcoin wallet to choose is the second most important step in becoming a Bitcoin user. Since you are investing funds into Bitcoin, choosing the right Bitcoin wallet for you is a critical step that shouldn’t be taken lightly. [Use this guide to help you choose the right wallet for you](https://www.bitcoin.com/get-started/how-to-choose-the-right-bitcoin-wallet/). Check the sidebar under Bitcoin wallets to get started and find a wallet that you can store your Bitcoin in.
***
**Why is my transaction taking so long to process?**
Bitcoin transactions typically confirm in ~10 minutes. A confirmation means that the Bitcoin transaction has been verified by the network through the process known as mining. Once a transaction is confirmed, it cannot be reversed or double spent. Transactions are included in blocks.
If you have sent out a Bitcoin transaction and it’s delayed, chances are the [transaction fee](https://bitcoinfees.cash/) you used wasn’t enough to out-compete others causing it to be [backlogged](https://jochen-hoenicke.de/queue/#0,24h). The transaction won’t confirm until it clears the backlog. This typically occurs when using the Bitcoin Core (BTC) blockchain due to poor central planning.
If you are using Bitcoin (BCH), you shouldn't encounter these problems as the block limits have been raised to accommodate a massive amount of volume freeing up space and lowering transaction costs.
***
**Why does my transaction cost so much, I thought Bitcoin was supposed to be cheap?**
As described above, transaction fees have spiked on the Bitcoin Core (BTC) blockchain mainly due to a limit on transaction space. This has created what is called a *fee market*, which has primarily been a premature artificially induced price increase on transaction fees due to the limited amount of block space available (supply vs. demand). The original plan was for fees to help secure the network when the block reward decreased and eventually stopped, but the plan was not to reach that point until some time in the future, [around the year 2140](https://wiki.bitcoin.com/w/Controlled_supply#Projected_Bitcoins_Long_Term). This original plan was restored with Bitcoin (BCH) where fees are typically less than a single penny per transaction.
***
**What is the block size limit?**
The original Bitcoin client didn’t have a block size cap, however was limited to 32MB due to the Bitcoin protocol message size constraint. However, in July 2010 Bitcoin’s creator Satoshi Nakamoto introduced a [temporary 1MB limit](https://sourceforge.net/p/bitcoin/code/103/tree//trunk/main.h?diff=515630145fcbc978e39dbaa5:102) as an anti-DDoS measure. The temporary measure from Satoshi Nakamoto was made clear three months later when Satoshi said the block size limit can be [increased again by phasing it in](https://archive.is/L5yvP#selection-3315.0-3315.7) when it’s needed (when the demand arises). When introducing Bitcoin on the cryptography mailing list in 2008, Satoshi said that [scaling to Visa levels](https://www.mail-archive.com/cryptography%40metzdowd.com/msg09964.html) “would probably not seem like a big deal.”
***
**What is the block size debate all about anyways?**
The block size debate boils down to different sets of users who are trying to come to consensus on the best way to scale Bitcoin for growth and success. Scaling Bitcoin has actually been a topic of discussion since Bitcoin was first released in 2008; for example you can read how Satoshi Nakamoto was [asked about scaling here](https://www.mail-archive.com/cryptography%40metzdowd.com/msg09964.html) and how he thought at the time it would be addressed. Fortunately Bitcoin has seen tremendous growth and by the year 2013, scaling Bitcoin had became a hot topic. For a run down on the history of scaling and how we got to where we are today, see the [Block size limit debate history lesson post](https://www.reddit.com/r/btc/comments/61mxuj/block_size_limit_debate_history_lesson/).
***
**What is a hard fork?**
A hard fork is when a block is broadcast under a new and different set of protocol rules which is accepted by nodes that have upgraded to support the new protocol. In this case, Bitcoin diverges from a single blockchain to two separate blockchains (a majority chain and a minority chain).
***
**What is a soft fork?**
A soft fork is when a block is broadcast under a new and different set of protocol rules, but the difference is that nodes don’t realize the rules have changed, and continue to accept blocks created by the newer nodes. Some argue that [soft forks are bad](https://medium.com/@octskyward/on-consensus-and-forks-c6a050c792e7) because they *trick* old-unupdated nodes into believing transactions are valid, when they may not actually be valid. This can also be defined as coercion, as [explained by Vitalik Buterin](https://vitalik.ca/general/2017/03/14/forks_and_markets.html).
***
**Doesn't it hurt decentralization if we increase the block size?**
Some argue that by lifting the limit on transaction space, that the cost of validating transactions on individual nodes will increase to the point where people will not be able to run nodes individually, giving way to centralization. This is a false dilemma because at this time there is no proven metric to quantify decentralization; although it has been shown that the [current level of decentralization will remain](https://www.reddit.com/r/btc/comments/5fyve1/fallacy_the_key_to_bitcoins_decentralization_is_a/) with or without a block size increase. It's a logical fallacy to believe that decentralization only exists when you have people all over the world running full nodes. The reality is that only people with the income to sustain running a full node (even at 1MB) will be doing it. So whether it's 1MB, 2MB, or 32MB, the costs of doing business is negligible for the people who can already do it. If the block size limit is removed, this will also allow for more users worldwide to use and transact introducing the likelihood of having more individual node operators. [Decentralization is not a metric, it's a tool or direction](https://twitter.com/lopp/status/693537120351293440). This is a good video describing the direction of how [decentralization should look](https://www.youtube.com/watch?v=7S1IqaSLrq8).
Additionally, the effects of increasing the block capacity beyond 1MB [has been studied](https://www.cryptocoinsnews.com/cornell-study-recommends-4mb-blocksize-bitcoin/) with results showing that up to 4MB is safe and will not hurt decentralization ([Cornell paper, PDF](http://fc16.ifca.ai/bitcoin/papers/CDE+16.pdf)). Other papers also show that no block size limit is safe ([Peter Rizun, PDF](https://www.bitcoinunlimited.info/resources/feemarket.pdf)). Lastly, through an informal survey among all top Bitcoin miners, many agreed that a block size increase [between 2-4MB is acceptable](http://archive.is/U3dqr).
***
**What now?**
Bitcoin is a fluid ever changing system. If you want to keep up with Bitcoin, we suggest that you subscribe to /r/btc and stay in the loop here, as well as other places to get a healthy dose of perspective from different sources. Also, check the sidebar for additional resources. Have more questions? [Submit a post](https://www.reddit.com/r/btc/submit?selftext=true) and ask your peers for help!
Bitcoin Cash ForkDay Anniversary Mega-ThreadSaturday, 1 August is the third anniversary of the day Bitcoin Cash forked from Bitcoin Core.
Let's celebrate this day with positive messages and consistent actions for Bitcoin Cash that promote dialog, teamwork, cooperation, respect, building, passion and fun.
Please post below your ForkDay Anniversary content. Live blog the day! Let's do this big as our next constructive step towards realizing the vision and promise of Bitcoin Cash as world-scale, censorship-resistant peer-to-peer electronic cash that empowers everyone to greater liberty and prosperity.
BCH:Scaling the Globe: 2020 Bitcoin Cash Conference & ForkDay Celebration
BCH:Scaling the Globe: 2020 Bitcoin Cash Conference & ForkDay Celebration
Bitcoin Cash ForkDay Anniversary Mega-ThreadSaturday, 1 August is the third anniversary of the day Bitcoin Cash forked from Bitcoin Core.
Let's celebrate this day with positive messages and consistent actions for Bitcoin Cash that promote dialog, teamwork, cooperation, respect, building, passion and fun.
Please post below your ForkDay Anniversary content. Live blog the day! Let's do this big as our next constructive step towards realizing the vision and promise of Bitcoin Cash as world-scale, censorship-resistant peer-to-peer electronic cash that empowers everyone to greater liberty and prosperity.
BCH:Scaling the Globe: 2020 Bitcoin Cash Conference & ForkDay Celebration
Nope
Great, glad to hear you're taking a break, your comments have been a bit boring and repetitive tbh
Nope. Impossible
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Bitcoin Cash Grow & Learn Venezuela: Bitcoin Cash is not only a digital currency for exchange, this can be demonstrated with this activity also impacting on the basic needs of society, which will allow a link between the community and the cryptocurrency in the future for its organic adoption.
Watch the conference from 05:30 UTC / 07:30 CEST / 13:30 GMT+8 / 22:30 PDT (-1) for 17 hours of content: http://2020.bitcoincash.org/
And there is a meme contest: https://read.cash/@georgedonnelly/meme-contest-for-bch-forkday-2020-58b0c0b8
Watch the conference from 05:30 UTC / 07:30 CEST / 13:30 GMT+8 / 22:30 PDT (-1) for 17 hours of content: http://2020.bitcoincash.org/
And there is a meme contest: https://read.cash/@georgedonnelly/meme-contest-for-bch-forkday-2020-58b0c0b8
Bitcoin Cash ForkDay Anniversary Mega-ThreadSaturday, 1 August is the third anniversary of the day Bitcoin Cash forked from Bitcoin Core.
Let's celebrate this day with positive messages and consistent actions for Bitcoin Cash that promote dialog, teamwork, cooperation, respect, building, passion and fun.
Please post below your ForkDay Anniversary content. Live blog the day! Let's do this big as our next constructive step towards realizing the vision and promise of Bitcoin Cash as world-scale, censorship-resistant peer-to-peer electronic cash that empowers everyone to greater liberty and prosperity.
Bitcoin Cash ForkDay Anniversary Mega-ThreadSaturday, 1 August is the third anniversary of the day Bitcoin Cash forked from Bitcoin Core.
Let's celebrate this day with positive messages and consistent actions for Bitcoin Cash that promote dialog, teamwork, cooperation, respect, building, passion and fun.
Please post below your ForkDay Anniversary content. Live blog the day! Let's do this big as our next constructive step towards realizing the vision and promise of Bitcoin Cash as world-scale, censorship-resistant peer-to-peer electronic cash that empowers everyone to greater liberty and prosperity.
This guy is on a whole other level of retardation.
With gigabit internet (we have this now), you can download 1 gigabyte per second. That means we can support no more than 600 gb blocks TODAY given 10 minute blocks. Guess what happens when starlink comes out? Thats gigabit internet GLOBALLY.
With pcie storage (we have this now) you can read and write 31 gigabytes per second for a 32 TB storage. This means that 600 gb blocks would take 19 seconds to store/read TODAY.
Dont even get me started with 64 threaded cores TODAY doing parallel computing for asics.
Guess how much all this costs? Not much. Guess how much money miners spend mining? Billions. Want a hint? Miners that matter have billions in mining equipment. I feel so sorry for you when you think the miners, that matter, are people running full nodes on windows 95 with a computer that was invented before cellphones existed, on 56k internet.
So fuck you :)
Btw this is without any software optimizations. So fuck you even more :).
Is BITCOIN CASH (BCH) booming because original BITCOIN (btc) falling?I think the proper way to think about this is that the Bitcoin Cash price had been unusually depressed along with most other alt-coins. During....[more](https://read.cash/@Its_deepu/is-bitcoin-cash-bch-booming-because-original-bitcoin-btc-falling-99d5a7e0)
There is absolutely no sense in retroactively correcting this at the expense of making *today's* transactions slower to confirm.
What is more bothersome is that BCH is now *again* engaged with a political football issue going into a possible bull market, and again another upgrade date is quickly becoming a divisive, corrosive, toxic showing threatening another split which the BCH market and community will be severely damaged. It is sad to see many very talented developers start capitulating about just leaving for greener pastures like Ethereum. This is how BTC became an atrophied relic.
ABC seems content to make radical, disruptive, contentious changes unilaterally just like Core did with SegWit and RBF. Tell me how IFP and this drift correction nonsense is any different.
You mean a place to see statistics? [https://stats.cash/#/fusion](https://stats.cash/#/fusion)
There is absolutely no sense in retroactively correcting this at the expense of making *today's* transactions slower to confirm.
What is more bothersome is that BCH is now *again* engaged with a political football issue going into a possible bull market, and again another upgrade date is quickly becoming a divisive, corrosive, toxic showing threatening another split which the BCH market and community will be severely damaged. It is sad to see many very talented developers start capitulating about just leaving for greener pastures like Ethereum. This is how BTC became an atrophied relic.
ABC seems content to make radical, disruptive, contentious changes unilaterally just like Core did with SegWit and RBF. Tell me how IFP and this drift correction nonsense is any different.
ivan on techAre there any ivanontech fans here.
He launched a weekly crypto-picks newsletter type of service. Anyone interest to share the cost of it with me. I am looking for 5-10 people, so we can save on the monthly fees for it. Let me know, if interested.
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Why ride off the coat tails of btc? This is BCasH
Hard Money. Sound Money. War is peace. Day is night. Black is white. 1984 levels of double-speak are at play here.An open letter to ABC (really, Amaury):
Tell me how is it sound money or hard money to randomly fuck with the block times? How are 11 minute 15 second conf. times for 5.5 years, randomly, at your whim "sound money"? Is this sound? Can you claim this with a straight face?
And how is it hard money and/or sound money to not even have the courage to communicate this fact clearly in your little communiques to China?
正式宣布GRASBERG DAA
https://blog.bitcoinabc.org/zh/2020/07/25/%e6%ad%a3%e5%bc%8f%e5%ae%a3%e5%b8%83grasberg-daa/
*" .. slightly adjust the target block time up or down ..."*. You don't even have the courage to be specific about what the implications are. Because even you know how badly that will go over.
Sound money my ass. The only thing that's sound is your desire to smugly get away with bullshit so that our wills are broken so that we may accept the next outrage from you.
Fuck you,
-Calin
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https://www.paypal.me/cam1972
Well so why does he benefit? As a big "fuck you" asserting his own will upon all the suckers? As a way to "reveal" the "troublemakers"? I am genuinely curious. None of this makes any real sense. It seems like wasted energy and stupidity, to be honest...
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"Read.cash Founder Threatens Ban & Permanent Fund Blacklist of 100 Users by Midnight London Time Tonight" Response from the read.cash founder(Sorry that I post it here, the letters will be small, it would have been much better on read.cash, but it contains personal attacks on C. Edward Kelso and Shammah Chancellor, so I would have to ban me on read.cash for this post)
This is probably the most personal story I've ever published on the Internet on how your project will come back to haunt you and destroy your mind and your life.
CoinSpice should find enough "juicy" details here to humiliate me even further, I think they still could! I believe in their potential! Should I send you my nudes to post, CoinSpice, for you new article? (No, I'm not a girl, in case you're wondering)
Enjoy it if you like long reads. Warning: it contains quite a few jabs at some people.
So, you might have read this "piece" from afriendofsatoshi C. Edward Kelso Chief editor of CoinSpice https://www.reddit.com/r/btc/comments/i067py/readcash_founder_threatens_ban_permanent_fund/fznpi0x/
I'm really disappointed in CoinSpice. Anecdote from the past about them: my interview with them was terribly handled. I started the interview with them with "English is not my native language, so feel free to fix any errors you see in my answer", what did they write in CoinSpice? "We were able to determine that he is not a native English speaker" Seriously, "were able to determine", Sherlock?... why did you even need to publish that? To add a bit of a sensation? But this new piece from CoinSpice just breaks through the floor... I'm speechless... If you are ever offered to being interviewed by CoinSpice - run away! Save yourself!
# What happened
28 July, 2020
An uneventful day on read.cash, people posting pictures of flowers, telling stories how they met their spouses, doing contests about who will sponsor whom, posting articles about teamwork and interviews with prominent Bitcoin Cash figures. Seriously, read.cash guys interviewed tons of Bitcoin Cash supporters (After the interview with CoinSpice I never gave anoter interview to anyone fearing it will be exactly unprofessional as CoinSpice - trying to get every little dirt the could dig out there)
micropresident (the guy who does not yet know he's going to, very professionally, like a normal stable developer he is, later go on to tell me "fuck read.cash") publishes a contest where he [calls for memes that contain the following phrases](https://i.imgur.com/IxZmp3s.png): "Amaury the Socialist Dictator", "Marc De Mesel is Calvin Ayre Lite") promising up to 2 BCH in return (I believe, I didn't read his rules) for these memes.
Since a lot of read.cash users are from Philippines, Nigeria and other poor countries, where $300 is a lot of money (maybe something you will make in a year), people proceed to create these memes.
This goes directly against the [rules of the site that everyone must agree before they sign up](https://sigma.rcimg.net/images/8/7/4/Read.Cash/3995468e/25308708681163d53b43c885d1a12dc0.png), directly violating the rule: "No name-calling, trash-talking, personal attacks or insults."
I log in to read.cash and notice the homepage full of low quality posts attacking Amaury, Marc, ABC, upvoted to no end, tons of boosted posts and Shammah giving $$ left and right for this stuff.
I publish 2 responses where I tell people to remove the memes that contain personal attacks or face a ban. https://read.cash/@Read.Cash/the-state-of-things-33c3d68a and https://read.cash/@Read.Cash/post-a4935cbd
Most of the people agreed and removed the offending memes and had no problem with it, many said they were sorry.
u/micropresident in a very professional manner proceeds to tell us to "fuck [ourselves]" and tells he's building a clone (non-moderated I presume). He also [quotes us](https://sigma.rcimg.net/images/9/b/e/micropresident/f17f6add/026196e359fb68376e2adaece2d4ef9a.png) very calmly and professionally adding: ["Complete bullshit" referring to rules of read.cash](https://i.imgur.com/yZqZYRT.png)
CoinSpice proceeds to publish the "celebrity upskirt" kind of article "Read.cash Founder **Threatens** Ban & **Permanent** Fund **Blacklist** of 100 Users **by Midnight** London Time Tonight". Emphasis mine, I just can't stand this kind of language... this is **yellow press** at best. It only lacks "Reason #2 will shock you!" in the title...
So, back to the story.
# Why do we even have this rule?
Is it because I'm an egomaniac that hates people? Is it because I'm secretly funded by BSV? Is it because Marc de Mesel donated nearly $100,000 to the fund? Is it because I love censoring people?
No, no and no.
It's because I want Bitcoin Cash adoption. I frankly wanted Bitcoin adoption since 2013, alas, the tiny blocks and huge fees won't allow that. So I had to switch to Bitcoin Cash which kept Bitcoin idea going.
Do you have a friend that is not deep into cryptocurrency? Tell him/her to join the Crypto Twitter. They will look at it for five minutes and tell you: "Are you crazy? These people are constantly attacking and mocking each other. What if I do something wrong? Why are they doing it? Are they mentally ill? Is this really the money of the future?"
This will be his answer for nearly every site or platform that talks about cryptocurrency.
It's everywhere. But with Bitcoin Cash somehow it's very ingrained into the nature. I understand, Bitcoin Cash was attacked so often that it became a second nature of some people to attack everything they don't like.
Don't like Amaury? Let's attack him! Why? Don't care! I just don't like him!
Don't like Marc de Mesel? Let's attack him!
Don't like CSW and Calvin? - Let's attack them. - But why? They don't do anything bad to us now. - Wait, are you one of THEM? Let's attack or you'll be attacked! Fuck you, you and you and read.cash, fuck yeah! Attaccckkk!!!
This all seems totally crazy to a newcomer.
But what do we want to achieve with read.cash? Getting newcomers to use Bitcoin Cash. Without the drama or craziness. Just some flower pictures.
Up until 28 July, 2020 this was the case. People were posting innocent pictures, got payments from the fund, tipped each other, sponsored each other, yelled at me for not getting paid enough.
Occasionally, we had some dissenters, like *****, who proceeded to tell spammers that they are "fucking cunts", got a warning for that, left forever, deleting all articles, returned, started attacking people again, got banned for that, started telling people on memo.cash how stupid read.cash is because we didn't manually ban the spammers and wasted time programming software to detect them...
Ok, weird thing - she seems to recommend people to join read.cash now, which is confusing, so I removed her name.
Then there were people who wasted hours upon hours of my day by asking stupid questions, who got blocked (from me, not from read.cash)...
But mostly things were okay with read.cash (not with me though). We've got 12,000 users, very few incidents, the fund got a donation from Marc de Mesel for nearly $100,000 which will pay new users for a year or so. We gave away money to 5,700 people (for free)!
I want to stress one part here. Marc has donated (_unconditionally_) more than 97% of the fund. More than 30 times more than all of the Bitcoin Cash ecosystem combined donated.
Read that part again. Marc donated 30 times more than everyone else in the Bitcoin Cash ecosystem combined! Unconditionally. I haven't received any condition about the donation use.
Marc even told us that he's willing to donate much more! Which we hastily declined, because read.cash is not profitable and it doesn't make sense to spend more than we would have gotten from ads if we were monetized.
read.cash can't be living off donations forever. It's unsustanable. So we spend via the fund approximately what we would have gotten if read.cash was plastered with ads.
But again, 12,000 users of read.cash is 97% MarcDeMesel's achievement.
That's 12,000 users of Bitcoin Cash.
Isn't "adoption" what you wanted?
Yet, the guy who said "fuck read.cash!", all the while getting top payments from the read.cash fund, proceeds to create a contest about "Marc is Calvin Ayre Lite"...
Told that this is a personal attack, replies "Complete bullshit!" (exact quote)
**Note: Marc is actually OK with memes about him and asked us directly to _revert our policy_ to allow the [offensive] memes** It wasn't Marc's initiative, it was mine.
And it wasn't only Marc who were being mocked.
I'll admit right here - I don't like Amaury's actions, I don't like IFP (and I listed my reasons), but I'll warn/ban anyone directly attacking him on read.csah (not his thoughts, but just him). Wanna discuss how Amaury's idea about DAA is bad? Feel free! Wanna call him an idiot? Welcome to ban'sville, population - you. Well, usually a warning, then a ban if you insist on doing that.
The same will go for CSW, Calvin or **anyone anywhere.**
# Are you crazy? Did you just say you'll protect CSW and Calvin? We've got a BSV shill here! Attackkk!!!!
No, no and no. We have no funds from BSV (as far as I know, the fund is non-custodial and permissionless - anyone can donate and cancel at any time), I've never contacted Calvin or CSW and I've been attacked by BSV people on multiple occasions and was accused of being a BSV shill on multiple occasions (besides people telling me to "fuck [my project]").
One thing I figured early on is that if you allow people to do something, you need to apply that rule to everyone.
Otherwise, you are a hippocrite and you should hang your head in shame.
If you allow people to mock and denigrate Amaury, Marc, BSV, BTC supporters, that's the fine line that you'll have to keep later on, when BTC and BSV supporters come. How come you're allowing people to mock a BTC supporter, yet you protect a BCH supporter? That's dishonest.
So we will have to allow BTC and BSV supporters to mock us and denigrate us. Because that's the rule. You allowed it!
They will be right.
So if we allow people to attack other people (even if I don't like them), everybody would be entitled to attack everybody.
That's where you start your journey to becoming a Crypto Twitter, where you will be attacked for nothing, where a snowball will roll on you (it did on me, but thats another story), where people would start to stalk you and try to ruin your life, because you like the coin they don't like.
**That's a place which normal people won't ever join.**
Read it again: **No adoption for you, no world money!**
So, you either have "no censorship" (which is really moderation) or you have normal people. Choose one, choose wisely, you won't be able to change it later.
We chose "normal people".
The plan was working fine (almost) until the eventful post.
But I will not revert this policy. I hope I explained why.
# Koush: But you allow worse crimes to happen on read.cash!
Ok, here's _a yellow press sensation worthy of coinspice.io_! Listen carefully! #1 will shock you!
I am... one guy.
Yes, read.cash is a one-man shitshow.
I'm the backend developer, I'm the frontend developer, I'm the system administrator, I'm the moderator, I'm the policy maker, I'm the one who replies to 100+ emails daily on hello@read.cash, I'm the one getting up to 200 notifications per day on read.cash, I'm the one who writes articles, I'm the one who wakes up at night when a server fails, I'm the one who logged 1000 hours developing read.cash according to my IDE's time tracking plugin, I'm the one responsible for the bug that took your money, I'm the one who returned you your money, I'm the one fighting spam, I'm the one writing code to catch spammers, I'm read.cash.
I'm the one responsible to keep 7,500 comments per day (that's one comment every 10 seconds, 24/7), 800 articles per day, 400 short posts per day clean. [See the stats yourself](https://read.cash/stats), the damn thing is growing and growing...
It is an impossible task. But I do read every one of 100+ reports sent to me per day. And each one of them is a moral dilemma for me - what to do here. This guy has copied an article from the Internet, but edited it so that it looks like another article, what do I do here? Ok, this guy is posting non-sense - is that against rules? It's surely annoying, but doesn't violate the rules. What to do here? Now try this 100 times a day. This guy, Koush, I know, he's a good guy, but now he's attacking the only guy who really helped read.cash when no one else did? WTF do I do here?
That's why I'm always telling people to report anything that they see that violates rules. I can't be everywhere. I can't make the right decision every time too. I'm a regular fucking person. Two legs, two hands, one medium-sized brain.
Ok, to be honest, a few months ago I asked a developer friend to join me to help (paid with my own money, not using read.cash fund for that), so he helps some 10 hours per month. That helps, surely, not enough.
Though I'll still call read.cash we, as it is still a registered company.
BTW To be clear - I **never** got any money from the read.cash fund, but I spent more than $5,000 giving away. Here's a screenshot from an internal tool that I call "the random rewarder": https://i.imgur.com/ucQEvVM.png
As you can see, I'm entitled to about $1.31 - $1.39 for today, but I get $0.00. That was always the case, because I strongly believe that I must give it to people of read.cash to attract new users.
I also gave away 100% of the funds that came to me as tips on read.cash.
BTW Did you notice that [on the screenshot](https://i.imgur.com/ucQEvVM.png) the guy who said "Marc de Mesel is Calvin Ayre Lite" and "fuck read.cash" got the top payment from the fund, which is at the moment 97% funded by Marc de Mesel?
My friend, the developer, who joined me, told me a few days ago: "I read your history on read.cash, you sound progressively ..." "..depressive and passively aggressive," I ended his sentence, "I know."
Yes, I know. I'm pretty passive agressive already, because every day I met with demands from users. "Why am I not getting paid?" "I work for read.cash for 8 hours a day, why is my pay so low?" "I sent some money and now I have $0.01 less than I should?" "How do I get sponsors?" "I think this guy is cheating!" "Hey, our family of 20 people joined read.cash and it says that I have 19 colocated accounts on the same IP! That's not true!"
I loathe my morning, when I open my email and there's 50 new alerts from Sentry, there are 100+ emails from users demanding stuff from me, accusing me of being unfair, wrong, an idiot, telling me "fuck read.cash"!
etc.. etc.. etc.. daily grind.. I never experienced anything like that. I was always a lead developer or manager managing small teams of 5-10 people. Nothing close to this shit I experience now.
You get progressively less sensitive. You start to think that it's ok to just delete an email, since you can't reply to everyone. You can't research why someone of 12,000 people didn't get paid, since the algorithms are now so complex that you yourself will have to spend a week just researching one guy why he gets $0.10 instead of maybe $0.50... you have no idea who your users are. The project is out of your control. But you can't do anything, because it's not profitable enough to even cover the server costs, let alone hire additional programmer or a support guy.
Then one day you log and see the beautiful garden full of dog shit. Crappy memes. A guy telling you "fuck you, there's $25K for the clone of this!" Thank God Shammah didn't offer that $25K for my head...
You find [this](https://coinspice.io/wp-content/uploads/2020/07/2d5a012937097f0206f60ec56586bcab.jpg) about the only guy who really helped read.cash with money and demanded nothing in return (not a single condition was made) being compared to a midget version of a guy who was in a FBI Top Wanted list!
Again, Marc says he's ok with this, I'm not! Whoever did this meme is an asshole, I don't have any other words for this human. (Yes, I would have been banned on read.cash for this alone. You can ban me here, I no longer care...)
You find yourself increasingly grumpy, angry towards those around you, your family, because everybody is angry at you in the Internet, people are demanding and people is attacking the only people you can trust (Roger, Marc)...
You think about your previous nice cozy job. You think about 5 recruiters sending you daily mails to just name the price to join their company. You realize that these 9 months you could have made maybe $100,000, maybe $200,000 sitting on your ass, managing 5-10 people like you always did.. Instead you spent 9 months, $5,000 in Bitcoin Cash, got grumpy and depressed.
You start to ponder why you do this and whether you should even continue.
That's **your** future, Mr. Shammah Chancellor!
That's the reality of running a social media platform with cryptocurrency.
I will be happy to see your platform, Mr. "fuck read.cash", grow and flourish, but I warn you - it's not going to cost you $25K, but much much more. It's going to eat you alive if you are mildly successful with it and you have a little bit of conscience.
You will be attacked, you will be spammed. People will tell you "fuck you!"
I honestly have no idea why you think you will fare better than yours.org or honest.cash...
What's your advantage? being censorship free, so that people can shit and pee on each other?
Then one day 9 months later, 12,000 users, $50,000 in tips later, a guy will come in and tell you "Fuck you, Shammah and your project! Fuck you! I'm building a clone for $5K of this shit of a platform!" You will look at the clock where it's 8pm, you will look at your inbox, where there's still 50 more people yelling at you.. you'll ponder why do you even do this...
That day you'll understand me, Mr. Chancellor. Or maybe not, I have no idea what kind of a human being you are. Maybe you're reading this and laughing madly: "poor pussy can't take a beating! boo-hoo! Get off the internet, you wuss!" Maybe that's your thoughts, I don't know. You certainly don't seem to care about other people's feelings dismissing them as "complete bullshit".
[Well kept gardens die by pacifism](https://www.lesswrong.com/posts/tscc3e5eujrsEeFN4/well-kept-gardens-die-by-pacifism) is a wonderful read about this.
> Somewhere in the vastness of the Internet, it is happening even now. It was once a well-kept garden of intelligent discussion, where knowledgeable and interested folk came, attracted by the high quality of speech they saw ongoing. But into this garden comes a fool, and the level of discussion drops a little—or more than a little, if the fool is very prolific in their posting. (It is worse if the fool is just articulate enough that the former inhabitants of the garden feel obliged to respond, and correct misapprehensions—for then the fool dominates conversations.)
Peace, and out.
P.S. I remind people that there's an ongoing fundraiser going for [mainnet.cash](https://mainnet.cash), so anyone agreeing with "fuck read.cash" policy of Mr. Chancellor **should cancel their donations while there's still time. It's very easy to cancel.** Don't give your money to idealistic fools like me.
P.P.S. I blocked u/afriendofsatoshi, so somebody please forward it to him so he can humiliate me further, only on coinspice.io! Subscribe now!
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"Read.cash Founder Threatens Ban & Permanent Fund Blacklist of 100 Users by Midnight London Time Tonight" Response from the read.cash founder(Sorry that I post it here, the letters will be small, it would have been much better on read.cash, but it contains personal attacks on C. Edward Kelso and Shammah Chancellor, so I would have to ban me on read.cash for this post)
This is probably the most personal story I've ever published on the Internet on how your project will come back to haunt you and destroy your mind and your life.
CoinSpice should find enough "juicy" details here to humiliate me even further, I think they still could! I believe in their potential! Should I send you my nudes to post, CoinSpice, for you new article? (No, I'm not a girl, in case you're wondering)
Enjoy it if you like long reads. Warning: it contains quite a few jabs at some people.
So, you might have read this "piece" from afriendofsatoshi C. Edward Kelso Chief editor of CoinSpice https://www.reddit.com/r/btc/comments/i067py/readcash_founder_threatens_ban_permanent_fund/fznpi0x/
I'm really disappointed in CoinSpice. Anecdote from the past about them: my interview with them was terribly handled. I started the interview with them with "English is not my native language, so feel free to fix any errors you see in my answer", what did they write in CoinSpice? "We were able to determine that he is not a native English speaker" Seriously, "were able to determine", Sherlock?... why did you even need to publish that? To add a bit of a sensation? But this new piece from CoinSpice just breaks through the floor... I'm speechless... If you are ever offered to being interviewed by CoinSpice - run away! Save yourself!
# What happened
28 July, 2020
An uneventful day on read.cash, people posting pictures of flowers, telling stories how they met their spouses, doing contests about who will sponsor whom, posting articles about teamwork and interviews with prominent Bitcoin Cash figures. Seriously, read.cash guys interviewed tons of Bitcoin Cash supporters (After the interview with CoinSpice I never gave anoter interview to anyone fearing it will be exactly unprofessional as CoinSpice - trying to get every little dirt the could dig out there)
micropresident (the guy who does not yet know he's going to, very professionally, like a normal stable developer he is, later go on to tell me "fuck read.cash") publishes a contest where he [calls for memes that contain the following phrases](https://i.imgur.com/IxZmp3s.png): "Amaury the Socialist Dictator", "Marc De Mesel is Calvin Ayre Lite") promising up to 2 BCH in return (I believe, I didn't read his rules) for these memes.
Since a lot of read.cash users are from Philippines, Nigeria and other poor countries, where $300 is a lot of money (maybe something you will make in a year), people proceed to create these memes.
This goes directly against the [rules of the site that everyone must agree before they sign up](https://sigma.rcimg.net/images/8/7/4/Read.Cash/3995468e/25308708681163d53b43c885d1a12dc0.png), directly violating the rule: "No name-calling, trash-talking, personal attacks or insults."
I log in to read.cash and notice the homepage full of low quality posts attacking Amaury, Marc, ABC, upvoted to no end, tons of boosted posts and Shammah giving $$ left and right for this stuff.
I publish 2 responses where I tell people to remove the memes that contain personal attacks or face a ban. https://read.cash/@Read.Cash/the-state-of-things-33c3d68a and https://read.cash/@Read.Cash/post-a4935cbd
Most of the people agreed and removed the offending memes and had no problem with it, many said they were sorry.
u/micropresident in a very professional manner proceeds to tell us to "fuck [ourselves]" and tells he's building a clone (non-moderated I presume). He also [quotes us](https://sigma.rcimg.net/images/9/b/e/micropresident/f17f6add/026196e359fb68376e2adaece2d4ef9a.png) very calmly and professionally adding: ["Complete bullshit" referring to rules of read.cash](https://i.imgur.com/yZqZYRT.png)
CoinSpice proceeds to publish the "celebrity upskirt" kind of article "Read.cash Founder **Threatens** Ban & **Permanent** Fund **Blacklist** of 100 Users **by Midnight** London Time Tonight". Emphasis mine, I just can't stand this kind of language... this is **yellow press** at best. It only lacks "Reason #2 will shock you!" in the title...
So, back to the story.
# Why do we even have this rule?
Is it because I'm an egomaniac that hates people? Is it because I'm secretly funded by BSV? Is it because Marc de Mesel donated nearly $100,000 to the fund? Is it because I love censoring people?
No, no and no.
It's because I want Bitcoin Cash adoption. I frankly wanted Bitcoin adoption since 2013, alas, the tiny blocks and huge fees won't allow that. So I had to switch to Bitcoin Cash which kept Bitcoin idea going.
Do you have a friend that is not deep into cryptocurrency? Tell him/her to join the Crypto Twitter. They will look at it for five minutes and tell you: "Are you crazy? These people are constantly attacking and mocking each other. What if I do something wrong? Why are they doing it? Are they mentally ill? Is this really the money of the future?"
This will be his answer for nearly every site or platform that talks about cryptocurrency.
It's everywhere. But with Bitcoin Cash somehow it's very ingrained into the nature. I understand, Bitcoin Cash was attacked so often that it became a second nature of some people to attack everything they don't like.
Don't like Amaury? Let's attack him! Why? Don't care! I just don't like him!
Don't like Marc de Mesel? Let's attack him!
Don't like CSW and Calvin? - Let's attack them. - But why? They don't do anything bad to us now. - Wait, are you one of THEM? Let's attack or you'll be attacked! Fuck you, you and you and read.cash, fuck yeah! Attaccckkk!!!
This all seems totally crazy to a newcomer.
But what do we want to achieve with read.cash? Getting newcomers to use Bitcoin Cash. Without the drama or craziness. Just some flower pictures.
Up until 28 July, 2020 this was the case. People were posting innocent pictures, got payments from the fund, tipped each other, sponsored each other, yelled at me for not getting paid enough.
Occasionally, we had some dissenters, like *****, who proceeded to tell spammers that they are "fucking cunts", got a warning for that, left forever, deleting all articles, returned, started attacking people again, got banned for that, started telling people on memo.cash how stupid read.cash is because we didn't manually ban the spammers and wasted time programming software to detect them...
Ok, weird thing - she seems to recommend people to join read.cash now, which is confusing, so I removed her name.
Then there were people who wasted hours upon hours of my day by asking stupid questions, who got blocked (from me, not from read.cash)...
But mostly things were okay with read.cash (not with me though). We've got 12,000 users, very few incidents, the fund got a donation from Marc de Mesel for nearly $100,000 which will pay new users for a year or so. We gave away money to 5,700 people (for free)!
I want to stress one part here. Marc has donated (_unconditionally_) more than 97% of the fund. More than 30 times more than all of the Bitcoin Cash ecosystem combined donated.
Read that part again. Marc donated 30 times more than everyone else in the Bitcoin Cash ecosystem combined! Unconditionally. I haven't received any condition about the donation use.
Marc even told us that he's willing to donate much more! Which we hastily declined, because read.cash is not profitable and it doesn't make sense to spend more than we would have gotten from ads if we were monetized.
read.cash can't be living off donations forever. It's unsustanable. So we spend via the fund approximately what we would have gotten if read.cash was plastered with ads.
But again, 12,000 users of read.cash is 97% MarcDeMesel's achievement.
That's 12,000 users of Bitcoin Cash.
Isn't "adoption" what you wanted?
Yet, the guy who said "fuck read.cash!", all the while getting top payments from the read.cash fund, proceeds to create a contest about "Marc is Calvin Ayre Lite"...
Told that this is a personal attack, replies "Complete bullshit!" (exact quote)
**Note: Marc is actually OK with memes about him and asked us directly to _revert our policy_ to allow the [offensive] memes** It wasn't Marc's initiative, it was mine.
And it wasn't only Marc who were being mocked.
I'll admit right here - I don't like Amaury's actions, I don't like IFP (and I listed my reasons), but I'll warn/ban anyone directly attacking him on read.csah (not his thoughts, but just him). Wanna discuss how Amaury's idea about DAA is bad? Feel free! Wanna call him an idiot? Welcome to ban'sville, population - you. Well, usually a warning, then a ban if you insist on doing that.
The same will go for CSW, Calvin or **anyone anywhere.**
# Are you crazy? Did you just say you'll protect CSW and Calvin? We've got a BSV shill here! Attackkk!!!!
No, no and no. We have no funds from BSV (as far as I know, the fund is non-custodial and permissionless - anyone can donate and cancel at any time), I've never contacted Calvin or CSW and I've been attacked by BSV people on multiple occasions and was accused of being a BSV shill on multiple occasions (besides people telling me to "fuck [my project]").
One thing I figured early on is that if you allow people to do something, you need to apply that rule to everyone.
Otherwise, you are a hippocrite and you should hang your head in shame.
If you allow people to mock and denigrate Amaury, Marc, BSV, BTC supporters, that's the fine line that you'll have to keep later on, when BTC and BSV supporters come. How come you're allowing people to mock a BTC supporter, yet you protect a BCH supporter? That's dishonest.
So we will have to allow BTC and BSV supporters to mock us and denigrate us. Because that's the rule. You allowed it!
They will be right.
So if we allow people to attack other people (even if I don't like them), everybody would be entitled to attack everybody.
That's where you start your journey to becoming a Crypto Twitter, where you will be attacked for nothing, where a snowball will roll on you (it did on me, but thats another story), where people would start to stalk you and try to ruin your life, because you like the coin they don't like.
**That's a place which normal people won't ever join.**
Read it again: **No adoption for you, no world money!**
So, you either have "no censorship" (which is really moderation) or you have normal people. Choose one, choose wisely, you won't be able to change it later.
We chose "normal people".
The plan was working fine (almost) until the eventful post.
But I will not revert this policy. I hope I explained why.
# Koush: But you allow worse crimes to happen on read.cash!
Ok, here's _a yellow press sensation worthy of coinspice.io_! Listen carefully! #1 will shock you!
I am... one guy.
Yes, read.cash is a one-man shitshow.
I'm the backend developer, I'm the frontend developer, I'm the system administrator, I'm the moderator, I'm the policy maker, I'm the one who replies to 100+ emails daily on hello@read.cash, I'm the one getting up to 200 notifications per day on read.cash, I'm the one who writes articles, I'm the one who wakes up at night when a server fails, I'm the one who logged 1000 hours developing read.cash according to my IDE's time tracking plugin, I'm the one responsible for the bug that took your money, I'm the one who returned you your money, I'm the one fighting spam, I'm the one writing code to catch spammers, I'm read.cash.
I'm the one responsible to keep 7,500 comments per day (that's one comment every 10 seconds, 24/7), 800 articles per day, 400 short posts per day clean. [See the stats yourself](https://read.cash/stats), the damn thing is growing and growing...
It is an impossible task. But I do read every one of 100+ reports sent to me per day. And each one of them is a moral dilemma for me - what to do here. This guy has copied an article from the Internet, but edited it so that it looks like another article, what do I do here? Ok, this guy is posting non-sense - is that against rules? It's surely annoying, but doesn't violate the rules. What to do here? Now try this 100 times a day. This guy, Koush, I know, he's a good guy, but now he's attacking the only guy who really helped read.cash when no one else did? WTF do I do here?
That's why I'm always telling people to report anything that they see that violates rules. I can't be everywhere. I can't make the right decision every time too. I'm a regular fucking person. Two legs, two hands, one medium-sized brain.
Ok, to be honest, a few months ago I asked a developer friend to join me to help (paid with my own money, not using read.cash fund for that), so he helps some 10 hours per month. That helps, surely, not enough.
Though I'll still call read.cash we, as it is still a registered company.
BTW To be clear - I **never** got any money from the read.cash fund, but I spent more than $5,000 giving away. Here's a screenshot from an internal tool that I call "the random rewarder": https://i.imgur.com/ucQEvVM.png
As you can see, I'm entitled to about $1.31 - $1.39 for today, but I get $0.00. That was always the case, because I strongly believe that I must give it to people of read.cash to attract new users.
I also gave away 100% of the funds that came to me as tips on read.cash.
BTW Did you notice that [on the screenshot](https://i.imgur.com/ucQEvVM.png) the guy who said "Marc de Mesel is Calvin Ayre Lite" and "fuck read.cash" got the top payment from the fund, which is at the moment 97% funded by Marc de Mesel?
My friend, the developer, who joined me, told me a few days ago: "I read your history on read.cash, you sound progressively ..." "..depressive and passively aggressive," I ended his sentence, "I know."
Yes, I know. I'm pretty passive agressive already, because every day I met with demands from users. "Why am I not getting paid?" "I work for read.cash for 8 hours a day, why is my pay so low?" "I sent some money and now I have $0.01 less than I should?" "How do I get sponsors?" "I think this guy is cheating!" "Hey, our family of 20 people joined read.cash and it says that I have 19 colocated accounts on the same IP! That's not true!"
I loathe my morning, when I open my email and there's 50 new alerts from Sentry, there are 100+ emails from users demanding stuff from me, accusing me of being unfair, wrong, an idiot, telling me "fuck read.cash"!
etc.. etc.. etc.. daily grind.. I never experienced anything like that. I was always a lead developer or manager managing small teams of 5-10 people. Nothing close to this shit I experience now.
You get progressively less sensitive. You start to think that it's ok to just delete an email, since you can't reply to everyone. You can't research why someone of 12,000 people didn't get paid, since the algorithms are now so complex that you yourself will have to spend a week just researching one guy why he gets $0.10 instead of maybe $0.50... you have no idea who your users are. The project is out of your control. But you can't do anything, because it's not profitable enough to even cover the server costs, let alone hire additional programmer or a support guy.
Then one day you log and see the beautiful garden full of dog shit. Crappy memes. A guy telling you "fuck you, there's $25K for the clone of this!" Thank God Shammah didn't offer that $25K for my head...
You find [this](https://coinspice.io/wp-content/uploads/2020/07/2d5a012937097f0206f60ec56586bcab.jpg) about the only guy who really helped read.cash with money and demanded nothing in return (not a single condition was made) being compared to a midget version of a guy who was in a FBI Top Wanted list!
Again, Marc says he's ok with this, I'm not! Whoever did this meme is an asshole, I don't have any other words for this human. (Yes, I would have been banned on read.cash for this alone. You can ban me here, I no longer care...)
You find yourself increasingly grumpy, angry towards those around you, your family, because everybody is angry at you in the Internet, people are demanding and people is attacking the only people you can trust (Roger, Marc)...
You think about your previous nice cozy job. You think about 5 recruiters sending you daily mails to just name the price to join their company. You realize that these 9 months you could have made maybe $100,000, maybe $200,000 sitting on your ass, managing 5-10 people like you always did.. Instead you spent 9 months, $5,000 in Bitcoin Cash, got grumpy and depressed.
You start to ponder why you do this and whether you should even continue.
That's **your** future, Mr. Shammah Chancellor!
That's the reality of running a social media platform with cryptocurrency.
I will be happy to see your platform, Mr. "fuck read.cash", grow and flourish, but I warn you - it's not going to cost you $25K, but much much more. It's going to eat you alive if you are mildly successful with it and you have a little bit of conscience.
You will be attacked, you will be spammed. People will tell you "fuck you!"
I honestly have no idea why you think you will fare better than yours.org or honest.cash...
What's your advantage? being censorship free, so that people can shit and pee on each other?
Then one day 9 months later, 12,000 users, $50,000 in tips later, a guy will come in and tell you "Fuck you, Shammah and your project! Fuck you! I'm building a clone for $5K of this shit of a platform!" You will look at the clock where it's 8pm, you will look at your inbox, where there's still 50 more people yelling at you.. you'll ponder why do you even do this...
That day you'll understand me, Mr. Chancellor. Or maybe not, I have no idea what kind of a human being you are. Maybe you're reading this and laughing madly: "poor pussy can't take a beating! boo-hoo! Get off the internet, you wuss!" Maybe that's your thoughts, I don't know. You certainly don't seem to care about other people's feelings dismissing them as "complete bullshit".
[Well kept gardens die by pacifism](https://www.lesswrong.com/posts/tscc3e5eujrsEeFN4/well-kept-gardens-die-by-pacifism) is a wonderful read about this.
> Somewhere in the vastness of the Internet, it is happening even now. It was once a well-kept garden of intelligent discussion, where knowledgeable and interested folk came, attracted by the high quality of speech they saw ongoing. But into this garden comes a fool, and the level of discussion drops a little—or more than a little, if the fool is very prolific in their posting. (It is worse if the fool is just articulate enough that the former inhabitants of the garden feel obliged to respond, and correct misapprehensions—for then the fool dominates conversations.)
Peace, and out.
P.S. I remind people that there's an ongoing fundraiser going for [mainnet.cash](https://mainnet.cash), so anyone agreeing with "fuck read.cash" policy of Mr. Chancellor **should cancel their donations while there's still time. It's very easy to cancel.** Don't give your money to idealistic fools like me.
P.P.S. I blocked u/afriendofsatoshi, so somebody please forward it to him so he can humiliate me further, only on coinspice.io! Subscribe now!
I can multitask like a motherfucker.
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claim
>Monero has nowhere near the user experience that BCH does
\> hasn't used cake wallet
And you were wrong. This sub started to be heavily censored shortly before the split with BSV. I was banned (https://www.reddit.com/user/kostialevin) one year ago just to have posted (by mistake) a post twice.
Same story of the r/bitcoin forum. When people fear yours ideas, they ban.
BitcoinXiO has been ban happy for a while now
https://ibb.co/tJn2VZm
So the original claims were true.
> Ledger responded similarly, stating that “rumors pretend our Shopify database has been hacked through a Shopify exploit. Our ecommerce team is currently checking these allegations by analyzing the so-called hacked db, and so far it doesn’t match our real db. We continue investigations and are taking the matter seriously.”
> https://thedailyblockchain.news/2020/05/26/cryptocurrency-wallet-providers-trezor-and-ledger-deny-reports-they-were-hacked
And what about Trezor?
Qortal - Infrastructure for the Internet of the Future
Powping – a new star in social media?
And you were wrong. This sub started to be heavily censored shortly before the split with BSV. I was banned (https://www.reddit.com/user/kostialevin) one year ago just to have posted (by mistake) a post twice.
Same story of the r/bitcoin forum. When people fear yours ideas, they ban.
I don't want to discuss Bitcoin today. You should relax yourself.
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I was hoping they accept Ethreum or Bitcoin gold also.
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I’m finding this picture particularly poignant presently.
Bitcoin Cash is an upgraded version of the Bitcoin Core software.
PLEASE HELP MEHey guys, I am in a really dire situation with my family . Most of you might not really care but for those with good and pure hearts, Any amount of bitcoin would really help my family in this hard period of our lives.please dont let us starve. I beg of you. Thank you and God bless.
3JTf9Vwr53goiK4Wpg6KJoQ4VCf9m974Gg
BCH Ignite Discord. [https://discord.gg/trFp5d](https://discord.gg/trFp5d) is a platform for Builders and for ideas and proposals on common ground
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2020 report: The original Bitcoin speaks volumes
We can helphttps://read.cash/@MonicaHernandez/please-help-me-get-my-house-back-158df7e6
Peter Brandt: “Massive” Symmetrical Triangle Point To New Bitcoin ATH
Bitcoin Pops Above USD 10K, Ethereum Outperforms All Major Coins Again
Your prospect is super important tho. The consolidation of developer power through disadvantageous funding was by far the most significant factor in the downfall of the IFP.
I definately see what you're saying and a large part of me agrees with it. But your last paragraph seems kinda out of touch. The IFP and its ability to tax not just BCH miners but all SHA-256 miners for BCH development was absolutely genius. But as the community quite planely (and rightly) made clear the precedent it set was just far, far too dangerous.
Im not a fan of his idea to try and correct the natural drift of the inflation rate since Bitcoins launch by any means, in fact I dont understand it at all really. It seems like quite the personal modification to me. We're eleven years in and its just the natural flow of the algorithim we've always known and accepted. But to say any douchebag can do what he did and get just as far seems a bit callous.
I mean who else, developer wise, went all in after the fork and stuck with it? Converted everything and then put in work, for years to try and improve the protocol? BU didn't (and for a team their size who I see hardly even get mentioned anymore, how much did they even really offer/accomplish? Primarily just an attack vector clearly exploited to its fullest), which always left the door open as to where their true motivations lie. No one can deny ABC and Amaury wants BCH to prosper.
The BCHN team needs to reach out; Amaury just the same, and make the collaborative goodwill gesture this situation is clearly calling for.
Both teams need to put their pride and whatever previously formed conceptions they may have for one another aside for just a minute and attempt to make a decision on how the Nov 15th upgrade is going to play out. Like, right now. Not like that two weeks before fork date shit Craig pulled. Seriously.
Right here on the public forum where Im sure we can agree the majority of our community interaction occurs. ABC (Amaury), BCHN team (im_uname), someone make a thread directed to the other and actually make a public attempt at debating your specific concerns with the other's propositions. Or reasoning behind building further off of theirs to fix something a (ever since vocal) portion of the community feels is a non-issue. Just act like you're part of the same team is all I think anyone is asking. This infighting is doing nothing but advertising how unstable of a branch the continuation of the original Bitcoin project truely is.
I mean seriously I'm all in on BCH, it's frightening. Sometimes I come to this forum and lose all hope. The drama is abosultely revulting. I understand and truely believe there are likely people with nothing better to do then fan the flames around here for whatever reason they fancy. But the words and actions of some of you (who are supposed to be integral/influential/essential even to this whole project) that seem to run circles around the most logical and civil responses to events and/or personal concerns are ridiculous.
If you're part of the same community working towards the same end goal, act like it. Put in the effort to appear to the community to be doing just that aswell. None of us have access to your personal emails. We dont know what your communications are outside of your public posts. The crumbling foundation of this whole mess is quite literally looking at you. Offer a bit of consolation. I have no doubt the lack thus forth has scared away more than a few from the prospects we so desperately envision..
Let's get our shit together.
How can I help as a developer/designer?
Lets help a colleague from the community to recover her houseShe is Monica, she is part of the BCH community and unfortunately she lost her house
This is her BCH Address bitcoincash:qqpphhkmeaaujgfx4fw0pzekz8uc3gre5cvwa7sh27
In the post you can see all the history
https://read.cash/@MonicaHernandez/please-help-me-get-my-house-back-158df7e6
I lose my house, I need your helphttps://read.cash/@MonicaHernandez/please-help-me-get-my-house-back-158df7e6
whats the point of going on the internet and acting like a little faggot?
Are the steps to do this documented somewhere?
Going to update your official Bitmain firmware? Don’t hurry up!
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Hello community, today I need your help.For a good while I have been part of the BCH community and have managed to see and grow with you, I am very grateful for how much this community has given me.
Today I find myself here asking for your help, so that I can recover my house which was destroyed due to a severe storm, leaving me and my family with nothing, being a great blow especially at this time so strong for the world.
The damage has been very large as you can see it in the article I have attached and the total repair, round about 10 thousand dollars, an impossible figure to raise for me and my family in my country.
I know it's unlikely, almost impossible to get this money, but I have nothing to lose trying, this community like I said has always given me its hand, it has helped me and I have a lot of faith that I will be able to get my house back.
If you want to help me, you can do it through this direction of BCH, any big or small help will be received with all the love of the world
bitcoincash:qqpphhkmeaaujgfx4fw0pzekz8uc3gre5cvwa7sh27
[https://read.cash/@MonicaHernandez/please-help-me-get-my-house-back-158df7e6](https://read.cash/@MonicaHernandez/please-help-me-get-my-house-back-158df7e6)
How to claim bsv?if I had bitcoin in an address before the altcoins/forks bsv and bch were created, I should have the same amount of the forks.
Claiming bch is easy. First transfer the btc to some other btc address created using something like Electrum. Then transfer the bch out using Electron cash to a new bch address created using electron cash.
But claiming bsv is hard because there is no special app for bsv. It seems electron cash supports bsv, but how can one app support both? They are different coins and blockchains correct? If I created an address on electron cash, would it be bch or bsv?
Please help.
If there is a step by step guide with recommended wallets to do this it would be great.
Thank you
How to claim bsv?if I had bitcoin in an address before the altcoins/forks bsv and bch were created, I should have the same amount of the forks.
Claiming bch is easy. First transfer the btc to some other btc address created using something like Electrum. Then transfer the bch out using Electron cash to a new bch address created using electron cash.
But claiming bsv is hard because there is no special app for bsv. It seems electron cash supports bsv, but how can one app support both? They are different coins and blockchains correct? If I created an address on electron cash, would it be bch or bsv?
Can someone please explain a simple way of separating out BCH and BSV from an old BTC address?
Please help.
How to claim BSV?if I had bitcoin in an address before the forks BSV and BCH were created, I should have the same amount of the forks.
Claiming BCH is easy. First transfer the BTC to some other BTC address created using something like Electrum. Then transfer the BCH out using Electron cash to a new BCH address created using electron cash.
But claiming BSV is hard because there is no special app for BSV. It seems electron cash supports BSV, but how can one app support both BCH and BSV? They are different coins and blockchains correct? If I created an address on electron cash, would it be BCH or BSV?
Please help.
How to claim bsv?if I had bitcoin in an address before the altcoins/forks bsv and bch were created, I should have the same amount of the forks.
Claiming bch is easy. First transfer the btc to some other btc address created using something like Electrum. Then transfer the bch out using Electron cash to a new bch address created using electron cash.
But claiming bsv is hard because there is no special app for bsv. It seems electron cash supports bsv, but how can one app support both? They are different coins and blockchains correct? If I created an address on electron cash, would it be bch or bsv?
Please help.
How to claim bsv?if I had bitcoin in an address before the altcoins/forks bsv and bch were created, I should have the same amount of the forks.
Claiming bch is easy. First transfer the btc to some other btc address created using something like Electrum. Then transfer the bch out using Electron cash to a new bch address created using electron cash.
But claiming bsv is hard because there is no special app for bsv. It seems electron cash supports bsv, but how can one app support both? They are different coins and blockchains correct? If I created an address on electron cash, would it be bch or bsv?
Please help.
How to claim bsv?if I had bitcoin in an address before the altcoins/forks bsv and bch were created, I should have the same amount of the forks.
Claiming bch is easy. First transfer the btc to some other btc address created using something like Electrum. Then transfer the bch out using Electron cash to a new bch address created using electron cash.
But claiming bsv is hard because there is no special app for bsv. It seems electron cash supports bsv, but how can one app support both? They are different coins and blockchains correct? If I created an address on electron cash, would it be bch or bsv?
Please help.
Who keeps upvoting this idiot and his nonsense BMP spam.
You have proven over and over again you don't even have a basic grasp on the protocol or whitepaper.
😏Caught my 👀.
Now you talking my man
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I'm a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:
- [/r/negativewithgold] ["Exactly .. this sub is not about Bitcoin discussion. It’s just a shill\/shit-sub" \[-15\]](https://www.reddit.com/r/NegativeWithGold/comments/hxfvaz/exactly_this_sub_is_not_about_bitcoin_discussion/)
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I would convert to BCH. Small amounts of BCH are very useful. Tip redditors .0003 BCH or less if you want. Even if small amounts, people love getting tips. Or cointext small amounts to people who have never used bitcoin before, to give help them learn. Or, send small donations to content creators you like. Lots you can do!
To enable everyone cash must be as simple and as easy to use as possible.
Don't you get the feeling distribution is an afterthought?
We're working on this at BCH Ignite. Team members welcome https://discord.gg/Dvf79Xh
We need to build a system for this, yes, but not just for shilling/marketing/hyping but primarily for things like merchant adoption, remittances, liquidity, etc. We are working on this at BCH Ignite. https://discord.gg/Dvf79Xh
Rare Brownmen - A concept of a new NFT on BCH!# What are Rare Pepes?
**Rare Pepes** are unique illustrations and photoshops of the character \[\*Pepe the Frog\*\]([https://knowyourmeme.com/memes/pepe-the-frog](https://knowyourmeme.com/memes/pepe-the-frog)) which are ostensibly valued as if they are trading cards based on their relative saturation on the web. Basically people over at counterparty/bitcoin decided to put rare pepes on the bitcoin blockchain, making them rare (nice).
If you wanna know more about Rare Pepes on the blockchain here is a great article by [Bitcoin.com](https://Bitcoin.com) : [https://news.bitcoin.com/rare-pepe-assets-get-blockchained/](https://news.bitcoin.com/rare-pepe-assets-get-blockchained/)
# What are Rare Brownmen
\[This is a brownman\]
([https://preview.redd.it/y8ppt23goac51.png?width=128&format=png&auto=webp&s=1512dec58152bfdf5e2da30cb8a5d333ada3fe05](https://preview.redd.it/y8ppt23goac51.png?width=128&format=png&auto=webp&s=1512dec58152bfdf5e2da30cb8a5d333ada3fe05))
​
Brownmen is a meme that originally came from \[[2b2t.org](https://2b2t.org)\], the oldest anarchy server in minecraft. Just think \[[2b2t.org](https://2b2t.org)\]as a gaming version of 4chan in minecraft. Basically people would freely change this picture into whatever they wanted as the owner really didn't care. \*Sfw (Safe of work) examples are down below!\*
​
Basically a friend and I want to bring this to Bitcoin Cash other than Ethereum for many reasons.
​
1. Firstly this would be unique to BCH as the only other NFT was cryptopandas.
2. Bitcoin Cash is cheap, 220 times cheaper than Ethereum and 487 times cheaper than Bitcoin. \\\[ \[[https://bitinfocharts.com/comparison/transactionfees-btc-eth-bch.html#3m](https://bitinfocharts.com/comparison/transactionfees-btc-eth-bch.html#3m)\]\\\]
3. Bitcoin Cash has a great community with great projects like Spice and Honk.
​
# How would Rare Brownmen work?
I still have to learn how to make NFT on BCH but basically artist would submit their brownmen art and we would check it out to make sure it's not a copy. Then we would create an NFT on BCH which would be that art. We would also have our own slp, Browncash, this is the currency in which you could buy, sell, and create new rare brownmen!
​
# What's the current situation?
​
I need to learn how to make NFT and I would also need to set up a site. If anyone here knows how to make NFT on BCH can you tell me in the comments and if you are willing to further help the project just DM me!
​
\*\*Examples:\*\*
​
\[[https://cdn.discordapp.com/emojis/684264290303213568.png?v=1](https://cdn.discordapp.com/emojis/684264290303213568.png?v=1)\]
\[[https://cdn.discordapp.com/emojis/697602168940920872.png?v=1](https://cdn.discordapp.com/emojis/697602168940920872.png?v=1)\]
\[[https://cdn.discordapp.com/emojis/697602332191490050.png?v=1](https://cdn.discordapp.com/emojis/697602332191490050.png?v=1)\]
That's a damn shame. Idiots. There is so much cool legal stuff to do with Bitcoin. STOP DOING THE ILLEGAL SHIT!
Recently joined and created my account/wallet. So, what's the deal?Hoping to get a proper understanding on how the BTC system works.
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Attention Brian Armstrong.
I called yesterday and you didn’t reply.
Could you please take a minute from your more important business endeavors help me, a common pleb trying to use your platform, to fix this dumpster fire of an issue Coinbase has created?
I can’t withdraw crypto due to ‘suspicious activity’ on my account, but no personal info has changed, my bank account is the same, my spending habits are consistent with recent buy history, I’m corresponding from the same email address you have on file, and 2MFA has been used successfully to authenticate my account from the same device. I even provided my IDs again, per your request, to verify my identity. Moreover, no shred of evidence has ever been provided by Coinbase that even hints of impropriety or suspicious activity on my account.
This type of restriction has never been applied to me before - the only issue I’ve ever had are occasional NSF bounce backs from ACH bank transfers because my bank wasn’t notified in advance of those transactions. Notwithstanding, there’s no rational justification for this bogus restriction unless Coinbase simply doesn’t have the funds for some reason: IPO funds shortage, (over)leveraged trading, lending, short selling - who knows. I personally don’t care. 3 years of faithful patronage too, and this is how I’m treated.
*Justin may be the only employee in the entire Coinbase universe that seems to care about customer service. Everybody else sucks the proverbial epididymis.
Please help me. I joined social media for this reason only, and I don’t know where else to turn. Legal threats and obscenity haven’t forced your yet, but state government, Board of Commerce, and local media will be contacted next unless you can quickly facilitate resolution.
I thank you in advance for deigning to respond to a mere serf’s request.
-B. Dorfman
How is all of this going right over your head? ABC didn't try to propose their solution and gain consensus on the matter. They put out their proposal and just said "We're implementing this, fuck you".
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I can't hear you with that bankers cock in your mouth.
Ever wonder why all the BTC maxis are try hards and little bitches?
Me neither....... who cares
How to use the token itself as a miner fee-EIP965 and slp postage agreement
How is all of this going right over your head? ABC didn't try to propose their solution and gain consensus on the matter. They put out their proposal and just said "We're implementing this, fuck you".
It's the only decentralized blockchain and has enormous security vs. any other crypto.
Pretty simple really.
OP is misleading with misinformation.
The proposal is to use ASERT or an equivalent, and abc is using a modified version of ASERT.
“The Grasberg DAA is based on an ASERT core. ASERT is a DAA proposal made by Marc Lundeberg ...”
Sources: https://m.youtube.com/watch?v=nwhIEI-Ytis
https://read.cash/@jtoomim/bch-upgrade-proposal-use-asert-as-the-new-daa-1d875696
retards dont understand the tech and buy bitcoin. there's a lot more retards in the world.
you'll never be able to make retards not retarded. the markets will never reflect the real value of assets, because there's too many retards in the markets.
Bitcoin Fees: Bitcoin Cash $0.00 / BTC coin $2.76
I was banned from /r/bitcoin for pointing out tether is an altcoinThat place is absolutely nuts. They are openly supporting Tether now. Bitcoin is no longer bitcoin. Check my comment history for the hilarity.
888A week ago, I was attacked by rich people at night, stealing my ordinary,
simple life. Showered with money. They threatened to kill me if I came back.
They don't want to see me anymore.I bought an apartment, clothes, and so on.
Now there is not enough for a Lamborghini Huracan.Please help me buy it.
My wallet bitcoin 3GiFtBTcaEc7yVGfZGjAWwySRjqNreFsXL
Ethereum 0xd7C57ef6af4abD4FAeEdB21b8B6aDC506a9fBF22
Among the readers there are patrons, and just good people.
I promise to take anyone for a ride on a brand-new Lambo.
Looking for frontend developers to help create a Rare Pepe clone on BCH!I'm looking for someone who could help me create a rare pepe clone on BCH.
​
It's basically a clone of Rare Pepes to the Bitcoin Cash blockchain, but with lower fees and better memes.
What are rare pepes?
[https://news.bitcoin.com/rare-pepe-blockchain-cards-produce-more-value-than-most-icos/](https://news.bitcoin.com/rare-pepe-blockchain-cards-produce-more-value-than-most-icos/)
[https://news.bitcoin.com/rare-pepe-assets-get-blockchained/](https://news.bitcoin.com/rare-pepe-assets-get-blockchained/)
[http://rarepepedirectory.com/](http://rarepepedirectory.com/)
[https://cointelegraph.com/news/rare-pepe-cards-become-tradeable-counterparty-asset-now-has-value](https://cointelegraph.com/news/rare-pepe-cards-become-tradeable-counterparty-asset-now-has-value)
​
DM on reddit or on Discord : SoiledCold
This idea is also why having no fees and no block producers at all (e.g. Nano) is even better (more secure and more decentralized). Since there are no direct fee rewards, the only incentive to run a node is if you benefit from the network itself. That avoids emergent centralization from economies of scale and profit maximization; with no earned fees, there's no incentive for anyone to accumulate excessive vote weight
Similarly, with no single blockchain and no block producers, there's no way for anyone to reverse, modify, or double spend transactions, even with majority vote weight. Contention happens asynchronously on an individual transaction level, not on a shared block level. Pretty genius imo
EDIT:
There is no direct-fee incentive, but that's not the same as no incentive. We already have a number of nodes from businesses that are incentivized to do so (Binance, Wirex, Kucoin, Kappture, BrainBlocks, etc). Some of the financial incentives include:
* Cost reduction
* Loss aversion
* Marketing/advertising
* Profit maximization
There are also non-financial incentives like:
* Community building & peer recognition
* Censorship resistance (controlling your own money)
* Ideological support (e.g. for open financial systems or green alternatives)
* Securely interacting with the Nano network for some development project
The cost of consensus in Nano is so low that the benefits of the network itself are all the incentive you need. Whales and businesses that benefit from Nano (e.g. exchanges, merchant payments, etc) will run nodes to protect their investment and secure the network. Similar to TCP/IP, email servers, and HTTP servers. Just like Bitcoin full nodes.
We also don't need everyone to run a node. We only need enough to make collusion and denial of service attacks impractical, and that can happen with "only" 100s of nodes.
Another benefit of Nano's indirect incentive model is that it leads to less emergent centralization over time. In other cryptocurrencies with mining or fees (including traditional PoS coins), profit maximization and economies of scale lead to centralization over time. Nano doesn't have that problem, and you can see for yourself as it continues to get more decentralized over time (play with the time periods on this chart): https://nanocharts.info/p/01/vote-weight-distribution
Copy/pasted from below:
There is no direct-fee incentive, but that's not the same as no incentive. We already have a number of nodes from businesses that are incentivized to do so (Binance, Wirex, Kucoin, Kappture, BrainBlocks, etc). Some of the financial incentives include:
* Cost reduction
* Loss aversion
* Marketing/advertising
* Profit maximization
There are also non-financial incentives like:
* Community building & peer recognition
* Censorship resistance (controlling your own money)
* Ideological support (e.g. for open financial systems or green alternatives)
* Securely interacting with the Nano network for some development project
The cost of consensus in Nano is so low that the benefits of the network itself are all the incentive you need. Whales and businesses that benefit from Nano (e.g. exchanges, merchant payments, etc) will run nodes to protect their investment and secure the network. Similar to TCP/IP, email servers, and HTTP servers. Just like Bitcoin full nodes.
We also don't need everyone to run a node. We only need enough to make collusion and denial of service attacks impractical, and that can happen with "only" 100s of nodes.
Another benefit of Nano's indirect incentive model is that it leads to less emergent centralization over time. In other cryptocurrencies with mining or fees (including traditional PoS coins), profit maximization and economies of scale lead to centralization over time. Nano doesn't have that problem, and you can see for yourself as it continues to get more decentralized over time (play with the time periods on this chart): https://nanocharts.info/p/01/vote-weight-distribution
That doesn't explain any security issues...
There is no direct-fee incentive, but that's not the same as no incentive. We already have a number of nodes from businesses that are incentivized to do so (Binance, Wirex, Kucoin, Kappture, BrainBlocks, etc). Some of the financial incentives include:
* Cost reduction
* Loss aversion
* Marketing/advertising
* Profit maximization
There are also non-financial incentives like:
* Community building & peer recognition
* Censorship resistance (controlling your own money)
* Ideological support (e.g. for open financial systems or green alternatives)
* Securely interacting with the Nano network for some development project
The cost of consensus in Nano is so low that the benefits of the network itself are all the incentive you need. Whales and businesses that benefit from Nano (e.g. exchanges, merchant payments, etc) will run nodes to protect their investment and secure the network. Similar to TCP/IP, email servers, and HTTP servers. Just like Bitcoin full nodes.
We also don't need everyone to run a node. We only need enough to make collusion and denial of service attacks impractical, and that can happen with "only" 100s of nodes.
Another benefit of Nano's indirect incentive model is that it leads to less emergent centralization over time. In other cryptocurrencies with mining or fees (including traditional PoS coins), profit maximization and economies of scale lead to centralization over time. Nano doesn't have that problem, and you can see for yourself as it continues to get more decentralized over time (play with the time periods on this chart): https://nanocharts.info/p/01/vote-weight-distribution
Devastating Floods in China Raise Questions About Bitcoin Mining Too
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Rare Brownmen - A concept of a new NFT on BCH!# What are Rare Pepes?
**Rare Pepes** are unique illustrations and photoshops of the character \[\*Pepe the Frog\*\]([https://knowyourmeme.com/memes/pepe-the-frog](https://knowyourmeme.com/memes/pepe-the-frog)) which are ostensibly valued as if they are trading cards based on their relative saturation on the web. Basically people over at counterparty/bitcoin decided to put rare pepes on the bitcoin blockchain, making them rare (nice).
If you wanna know more about Rare Pepes on the blockchain here is a great article by [Bitcoin.com](https://Bitcoin.com) : [https://news.bitcoin.com/rare-pepe-assets-get-blockchained/](https://news.bitcoin.com/rare-pepe-assets-get-blockchained/)
# What are Rare Brownmen
\[This is a brownman\]
([https://preview.redd.it/y8ppt23goac51.png?width=128&format=png&auto=webp&s=1512dec58152bfdf5e2da30cb8a5d333ada3fe05](https://preview.redd.it/y8ppt23goac51.png?width=128&format=png&auto=webp&s=1512dec58152bfdf5e2da30cb8a5d333ada3fe05))
​
Brownmen is a meme that originally came from \[[2b2t.org](https://2b2t.org)\], the oldest anarchy server in minecraft. Just think \[[2b2t.org](https://2b2t.org)\]as a gaming version of 4chan in minecraft. Basically people would freely change this picture into whatever they wanted as the owner really didn't care. \*Sfw (Safe of work) examples are down below!\*
​
Basically a friend and I want to bring this to Bitcoin Cash other than Ethereum for many reasons.
​
1. Firstly this would be unique to BCH as the only other NFT was cryptopandas.
2. Bitcoin Cash is cheap, 220 times cheaper than Ethereum and 487 times cheaper than Bitcoin. \\\[ \[[https://bitinfocharts.com/comparison/transactionfees-btc-eth-bch.html#3m](https://bitinfocharts.com/comparison/transactionfees-btc-eth-bch.html#3m)\]\\\]
3. Bitcoin Cash has a great community with great projects like Spice and Honk.
​
# How would Rare Brownmen work?
I still have to learn how to make NFT on BCH but basically artist would submit their brownmen art and we would check it out to make sure it's not a copy. Then we would create an NFT on BCH which would be that art. We would also have our own slp, Browncash, this is the currency in which you could buy, sell, and create new rare brownmen!
​
# What's the current situation?
​
I need to learn how to make NFT and I would also need to set up a site. If anyone here knows how to make NFT on BCH can you tell me in the comments and if you are willing to further help the project just DM me!
​
\*\*Examples:\*\*
​
\[[https://cdn.discordapp.com/emojis/684264290303213568.png?v=1](https://cdn.discordapp.com/emojis/684264290303213568.png?v=1)\]
\[[https://cdn.discordapp.com/emojis/697602168940920872.png?v=1](https://cdn.discordapp.com/emojis/697602168940920872.png?v=1)\]
\[[https://cdn.discordapp.com/emojis/697602332191490050.png?v=1](https://cdn.discordapp.com/emojis/697602332191490050.png?v=1)\]
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That will trigger a huge bull market for bitcoin cash, I think.
Literally, now the flood gates of fiat money are open for bch because of this. I have a feeling bch will trade completely new level in 12 months from now as a result of the current status of markets (not only bch but the general bullish vibes we are seeing in crypto).
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Rare Brownmen - BCH Rare Pepe Clone# What are Rare Pepes?
R**are Pepes** are unique illustrations and photoshops of the character [*Pepe the Frog*](https://knowyourmeme.com/memes/pepe-the-frog) which are ostensibly valued as if they are trading cards based on their relative saturation on the web. Basically people over at counterparty/bitcoin decided to put rare pepes on the bitcoin blockchain, making them rare (nice).
If you wanna know more about Rare Pepes on the blockchain here is a great article by [Bitcoin.com](https://Bitcoin.com) : [https://news.bitcoin.com/rare-pepe-assets-get-blockchained/](https://news.bitcoin.com/rare-pepe-assets-get-blockchained/)
​
# What are Rare Brownmen
[This is a brownman](https://preview.redd.it/y8ppt23goac51.png?width=128&format=png&auto=webp&s=1512dec58152bfdf5e2da30cb8a5d333ada3fe05)
Brownmen is a meme that originally came from [2b2t.org](https://2b2t.org), the oldest anarchy server in minecraft. Just think [2b2t.org](https://2b2t.org) as a gaming version of 4chan in minecraft. Basically people would freely change this picture in to whatever they wanted as the owner really didn't care. *Sfw (Safe of work) examples are down below!*
Basically a friend and I want to bring this to Bitcoin Cash other than Ethereum for many reasons.
1. Firstly this would be unique to BCH as the only other NFT was cryptopandas.
2. Bitcoin Cash is cheap, 220 times cheaper than Ethereum and 487 times cheaper than Bitcoin. \[ [https://bitinfocharts.com/comparison/transactionfees-btc-eth-bch.html#3m](https://bitinfocharts.com/comparison/transactionfees-btc-eth-bch.html#3m) \]
3. Bitcoin Cash has a great community with great projects like Spice and Honk.
​
# How would Rare Brownmen work?
I still have to learn how to make NFT on BCH but basically artist would submit their brownmen art and we would check it out to make sure it's not a copy. Then we would create an NFT on BCH which would be that art. We would also have our own slp, Browncash, this is the currency in which you could buy, sell, and create new rare brownmen!
​
# What's the current situation?
I need to learn how to make NFT and I would also need to set up a site. If anyone here knows how to make NFT on BCH can you tell me in the comments and if you are willing to further help the project just DM me!
​
**Examples:**
[https://cdn.discordapp.com/emojis/684264290303213568.png?v=1](https://cdn.discordapp.com/emojis/684264290303213568.png?v=1)
[https://cdn.discordapp.com/emojis/697602168940920872.png?v=1](https://cdn.discordapp.com/emojis/697602168940920872.png?v=1)
[https://cdn.discordapp.com/emojis/697602332191490050.png?v=1](https://cdn.discordapp.com/emojis/697602332191490050.png?v=1)
I need free bitcoin
CRYPTO DEV DIGEST: BCH Clients’ Increasing Transparency; Bloq On-Demand Node Clusters; Stamp Chat Moves Forward
Rare Brownmen - BCH version of Rare Pepes# What are Rare Pepes?
R**are Pepes** are unique illustrations and photoshops of the character [*Pepe the Frog*](https://knowyourmeme.com/memes/pepe-the-frog) which are ostensibly valued as if they are trading cards based on their relative saturation on the web. Basically people over at counterparty/bitcoin decided to put rare pepes on the bitcoin blockchain, making them rare (nice).
If you wanna know more about Rare Pepes on the blockchain here is a great article by [Bitcoin.com](https://Bitcoin.com) : [https://news.bitcoin.com/rare-pepe-assets-get-blockchained/](https://news.bitcoin.com/rare-pepe-assets-get-blockchained/)
​
# What are Rare Brownmen
Brownmen is a meme that originally came from [2b2t.org](https://2b2t.org), the oldest anarchy server in minecraft. Just think [2b2t.org](https://2b2t.org) as a gaming version of 4chan in minecraft. Basically people would freely change this picture in to whatever they wanted as the owner really didn't care. *Sfw (Safe of work) examples are down below!*
Basically a friend and I want to bring this to Bitcoin Cash other than Ethereum for many reasons.
1. Firstly this would be unique to BCH as the only other NFT was cryptopandas.
2. Bitcoin Cash is cheap, 220 times cheaper than Ethereum and 487 times cheaper than Bitcoin. \[ [https://bitinfocharts.com/comparison/transactionfees-btc-eth-bch.html#3m](https://bitinfocharts.com/comparison/transactionfees-btc-eth-bch.html#3m) \]
3. Bitcoin Cash has a great community with great projects like Spice and Honk.
​
# How would Rare Brownmen work?
I still have to learn how to make NFT on BCH but basically artist would submit their brownmen art and we would check it out to make sure it's not a copy. Then we would create an NFT on BCH which would be that art. We would also have our own slp, Browncash, this is the currency in which you could buy, sell, and create new rare brownmen!
​
# What's the current situation?
I need to learn how to make NFT and I would also need to set up a site. If anyone here knows how to make NFT on BCH can you tell me in the comments and if you are willing to further help the project just DM me!
​
**Examples:**
[https://cdn.discordapp.com/emojis/663114028041633832.png?v=1](https://cdn.discordapp.com/emojis/663114028041633832.png?v=1)
[https://cdn.discordapp.com/emojis/684264290303213568.png?v=1](https://cdn.discordapp.com/emojis/684264290303213568.png?v=1)
[https://cdn.discordapp.com/emojis/697602168940920872.png?v=1](https://cdn.discordapp.com/emojis/697602168940920872.png?v=1)
[https://cdn.discordapp.com/emojis/697602332191490050.png?v=1](https://cdn.discordapp.com/emojis/697602332191490050.png?v=1)
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> Are you sure it is not because you are selecting the most convinient data set?:)
I provided three different views **specifically** to allay any of those fears, and offered to give you whatever view you want, so your insinuations that I'm doing something nefarious are baseless assholery, which seems to be your specialty.
> Why not show me the 12h/24h windows calculation?
[12 hour](https://i.imgur.com/92NaQ0m.png).
[24 hour](https://i.imgur.com/HNVTZPp.png).
> Although depending on how you set the windows calculation you can hide the 19th drop.. so..
I set all windows to start at midnight UTC, so you know nothing's up my sleeve. Are you suggesting I should cherry-pick? Is that what *you'd* like?
> I look at data and I evaluate,
That's bad statistics. You should pre-select your level of significance rather than ad-hoc choose it based on the data. Do you have any statistics education or training? Apparently not.
> What threshold you suggest?
I'm already allowing you to cherry-pick the data you want, so the threshold should be much higher than normal. I'd say once every 5 years is reasonable to conclude a definite hashrate change.
> Well just after the split, they had no idea so the “not even hash power to attack” is not a valid argument.
I specifically was talking about the 19th.
> Com’on I am supposed to draw box in your home cooked (label-less) data, are you serious?
Yes, tell me where you think the attack(s) were. You said you had "no doubt" that there were attacks, so you should tell me where your "no doubt about it" attacks happened, and for how long.
> I Remember the first time when you linked me the hash rate chart conviniently stop before the 19th I have zero trust in your evidence.
Fuck you. I gave you both charts after you moved the goalposts to say that the attack maybe happened days after the split, when nobody else on this sub ever claimed that (and claimed the exact opposite).
You know what? I'm done with you. If you want to prove that there was an attack, give the evidence. You are a moron and a coward, and you've proven yourself to be a disingenuous actor who's willing to misrepresent me *constantly* despite my corrections. I've been trying to hold your hand through this process and respond in good faith with actual data and evidence, but you've proven that you're immune to reason and evidence, so I won't bother wasting any more time.
I won't respond further.
Internet Giants $600M Bitcoin Ad Ban Lawsuit; PayPal & Paxos Provide Crypto Services; Coinbase Blacklisted Hack Transactions
Upcoming Events This Week: Most Anticipated Today is HOLO AMA with Decentr
US Banks Running Out Of Coins, Bitcoin Keeps On Persisting Along
Prepare your ASICs for hot summer days
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Analysts Claim Bitcoin's 76 Day Stability 'Bullish': Hash Ribbons Cross and 2016 Patterns
Leaked emails between John Dillon, Peter Todd, Gregory Maxwell, and Warren Togami (previously archived) [https://web.archive.org/web/20131120061753/https://pastebin.com/4BcycXUu#](https://web.archive.org/web/20131120061753/https://pastebin.com/4BcycXUu#)
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Please everyone should be careful and stop being fooled by all these brokers and account managers, i was and processed ,at the end i lost all my money,.All efforts to reach out to their customer support desk was declined ,i found it very hard to move on . Luckily I came across a comment on a recovery website that recommended a funds recovery expert on binary/forex, cointeck and bitcoin investment recovery, in the person of Mr Brian Lawrence , and i contacted him immediately through his email address and explained my issues with my investment broker to him ,God so kind, him and his team worked relentlessly to recover my funds, and was able to build a case on the scam broker with the informations I provided about my trading experience and my funds refunded back to me within a week interval, i was able to get access to my funds back with his help, I still can't believe how possible it is to get my invested capital back, including my bonus with the company. I know some people must have been a victim of any scam investment broker. I feel obligated to recommend him and his great funds recovery strategy, feel free to reach out to him if you having issues withdrawing your funds, via his email address: [brianlawrence631@gmail.com](mailto:brianlawrence631@gmail.com) and he will guide you on steps to take and get your invested capital including your bonus refunded back to you.
How i recover my lost funds back Please everyone should be careful and stop being fooled by all these brokers and account managers, i was and processed ,at the end i lost all my money,.All efforts to reach out to their customer support desk was declined ,i found it very hard to move on . Luckily I came across a comment on a recovery website that recommended a funds recovery expert on binary/forex, cointeck and bitcoin investment recovery, in the person of Mr Brian Lawrence , and i contacted him immediately through his email address and explained my issues with my investment broker to him ,God so kind, him and his team worked relentlessly to recover my funds, and was able to build a case on the scam broker with the informations I provided about my trading experience and my funds refunded back to me within a week interval, i was able to get access to my funds back with his help, I still can't believe how possible it is to get my invested capital back, including my bonus with the company. I know some people must have been a victim of any scam investment broker. I feel obligated to recommend him and his great funds recovery strategy, feel free to reach out to him if you having issues withdrawing your funds, via his email address: [brianlawrence631@gmail.com](mailto:brianlawrence631@gmail.com) and he will guide you on steps to take and get your invested capital including your bonus refunded back to you.
BITCOIN NOT FOUNDHi,
I have sent btc today from my blockchain wallet to this wallet: 1C2yWoovsBVVwa9iGMPf2H7ABqtrunJuho 1900USD
The amount was deducted immediately, but i can not see the transaction on sent or unconfirmed anywhere and the receiver also didnt get the btc.. can anyone pls help?
Binary Options scamsI would advise all to contact Mr. Carlos Wayne he helped me recover my invested money I had with Iq options and Forex trading last week. 120k and 260k respectively for both companies I can’t help but post his services online. He also helped my neighbor with the same issue we got into together. This binary option scam issue is really turning to wide spread disease, I advise to contact Mr. Carlos on his email via [carloswayne452@gmail.com](mailto:carloswayne452@gmail.com) if you have fallen into the same binary option scheme by these brokers. So far they have recovered all the money from both my Iq option and Forex trading accounts, contact him now to do the same.
I have Reddit Coins, do you want them cheap for BCH?Hi guys,
I just recently found out that I have 12,600 Reddit coins which is the equivalent of 7 Reddit Platinums (1 Plat = 3 Gold or 18 Silvers AFAIK): [https://www.reddit.com/coins/](https://www.reddit.com/coins/)
Would anyone want to buy a Platinum it for e.g. 50% off like $3 in BCH instead of paying full price (for ad-free + supporting Reddit (and me))? The extra cash would really land in a dry place for me right now (no job anymore). I could give you Plat or a comment of your choosing
Thanks in advance!
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Does he mention what’s new and useful by the way?
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BTCV (legit or scam?)Hi everyone,
I'm asking for a friend here who is possibly caught up in a shady situation.
Long story short he invested into some cloudmining company called MiningCity and his portfolio (or whatever it is) is showing that he has 16.09BTCV which it says has around $6000USD value. He's reached out to me to help him convert this to BTC and ultimately liquidate into USD. Based on my research, I've found that this coin is extremely suspect and the (all but 6) exchanges its listed on have a history of scam/withdrawal issues (Liquid, MCX, Coineal, Coinbene, BKEX, LBANK). They all seem like no-name exchanges and furthermore the market data available for this BTCV (Bitcoin Vault?) seems like its been manipulated. I'm not an expert but his situation seems to have red flags everywhere.
Given the situation, I am asking if anyone else has had similar experiences or further insight into what his possible options are. There is a lack of documentation for both the currency, exchanges, and mining company so I have been hesitant to confirm whether they really are scams, but hoping that someone more knowledgeable can enlighten me here on just how fucked he is and whether or not there are any options at all moving forward.
Here is the website I found for BTCV ( [https://bitcoinvault.global/](https://bitcoinvault.global/) ). Not even sure if its the same one but it's the only solid one I was able to find.
​
Note: I've already warned him it doesn't look great but holding off from telling him that he can't recover any money until I'm absolutely sure about his situation.
Bitcoin Cash is the most successful UPGRADE of BitcoinBitcoin has forked a few times in the past and Bitcoin Cash continues upgrading Bitcoin just the same with nearly everyone in agreement how Bitcoin should upgrade (or the upgrade and numerous upgrades the past couple years would have never happened)
The legacy BTC chain however forked in a completely new way from past upgrades and forced changes on the network and in turn forced actual Bitcoin users from the network leaving a stagnant corpse of Bitcoin completely manipulated by fiat
Edit: would also like to add how resiliant and secure Bitcoin Cash has shown itself to be with endless network attacks and endless propoganda BullShit
And Bitcoin Cash **still** continues to upgrade without a problem even in the fact of endless attacks
Meanwhile someone sneezes on the legacy network and it's skyrocketing fees... What an unstable useless mess the legacy network has become and is certainly not usable as peer to peer cash anymore
I am very very Shocked to hear this news!!!! She and I were working together on her Mobile app for Cultu.re. We were not in contact for a few months. I can’t believe she is not with us! Is there any way I could contact her parents to share condolences. Please let me know!! I’m very sad to hear this. 😓
Bitcoin Cash is the most successful UPGRADE of BitcoinBitcoin has forked a few times in the past and Bitcoin Cash continues upgrading Bitcoin just the same with nearly everyone in agreement how Bitcoin should upgrade (or the upgrade and numerous upgrades the past couple years would have never happened)
The legacy BTC chain however forked in a completely new way from past upgrades and forced changes on the network and in turn forced actual Bitcoin users from the network leaving a stagnant corpse of Bitcoin completely manipulated by fiat
Edit: would also like to add how resiliant and secure Bitcoin Cash has shown itself to be with endless network attacks and endless propoganda BullShit
And Bitcoin Cash **still** continues to upgrade without a problem even in the fact of endless attacks
Meanwhile someone sneezes on the legacy network and it's skyrocketing fees... What an unstable useless mess the legacy network has become and is certainly not usable as peer to peer cash anymore
I would like to learn more on bitcoin and how to invest in it, where should I start?Any suggestion on how can I earn some bitcoin for free?
I can't pay for bitcoin for the time being, I'm barely able to pay my bills.
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Wrong wallet.Is it somehow possible to get back my money if I transfered BTC from coinbase wallet to another wallet but Bitcoin cash. Is it gone forever and why?
Palm Beach Confidential Leaked November Report[ Removed by reddit in response to a copyright notice. ]
$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens
/u/cryptochecker
O wow a your mom respond!
I think this paid employee is losing it. Are your bags that rekt?
/u/memorydealers give him a raise
Browse AND mine simultaneously! Go see the link for yourself here:
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Is this a visa card or a card that just has NFC and a wallet ?
Venezuela Bans Bitcoin Mining Operations in the Country's Public Housing Sector
Twitter Hacked BTC Mixed With Wasabi; Binance Not Authorized in Malaysia; Bitcoin Cash Brazil Adoption Gets Boost
You guys deserve to be quarantined and kept on a tight watch by the government.You support tax evasion, the consumption and sale of violent drugs harmful to children, and create your own scam called the BCash scam. It's pathethic to also see no inclusion for women or people of color, and this subreddit consists of white males primarily.
Everyone here should be put on a governement watch and arrested for wasting taxpayers dollars.
KYC compliance is never a problem with Wallex Trust. We live check customers. Never lose a customer again due to on-boarding process timing. https://wallextrust.com
ATS WALLET
Twitter Bans Crypto Addresses; BlockCrushr Accuses ConsenSys of Stealing Code; El Salvador Town Adopts Bitcoin
CoinEx X Bitshares Listing Event: Trade BTS and get a share of 40,000 BTS!
"Now if you're not familiar, a Bitcoin scam is anything involving Bitcoin."
Fuck you Colbert. Suck the Fed's dick more. TPTB are scurred.
I'm legit starting to think this whole hack was an attack on Bitcoin. I can't fathom these hackers were really stupid enough to get this access and only make $100k (if they didn't send themselves the coins) off of it.
And now everyone is focusing on the Bitcoin part as the scam and making jokes about the rest. No one is talking about how people with Nuclear power's twitter accounts were hacked. No one is talking about how this could have been used to scam the entire stock market.
Report: Investors Are Dumping Compound Token as Soon as It Gets Listed
A report from Flipside Crypto contends that investors are dumping Compound tokens as soon as it gets listed on exchanges with the majority of the supply held by speculators.
A report by Flipside Crypto [states](https://bit.ly/2WoLmGM) that investors are liquidating their Compound (COMP) holdings as soon as the opportunity presents itself; with major exchange listings acting as catalyst.
_COMP flows. Source: [Flipside Crypto](https://bit.ly/2WoLmGM)._
Exchange listings led to dumps
------------------------------
The report states that as soon as COMP was getting listed on major exchanges like Binance ([BNB](https://cointelegraph.com/binance-coin-price-index)) or Coinbase, there were observing major flows from the investors to exchanges. In addition, there was allegedly a larger transfer made from “the Compound team to DeFi. This correlates with the unannounced listing of COMP on Uniswap”.
When trading on Coinbase ensued on June 23, it caused “a large drop in price, probably driven by this one investor liquidating.”
_COMP price. Source: [Nomics](https://nomics.com/assets/comp-compound#chart)._
Most of Compound users are speculators
--------------------------------------
The report finds that the vast majority of Compound users are speculators who do not engage in lending and borrowing, stating, “Compound users hold 23.8K of the active supply, while wallets who are not using the protocol hold a whopping 680.4K.”
Nonetheless, [Compound has experienced rapid growth](https://cointelegraph.com/news/defi-tokens-outperformed-bitcoin-in-q2-but-will-the-rally-continue) in the last couple of months. It overtook Maker ([MKR](https://cointelegraph.com/price-indexes)) in total value locked (TVL) of Ether ([ETH](https://cointelegraph.com/ethereum-price-index)) according to a recent ConsenSys DeFi [report](https://consensys.net/insights/q2-2020-defi-report/#:~:text=A%20review%20and%20analysis%20of,three%20months%20of%20the%20year.):
“On June 21, for the first time, Compound’s TVL surpassed that of Maker’s. By the end of the quarter, $392M USD was locked in Maker and $570M USD was locked in Compound.”
We approached Compound Finance CEO Robert Leshner for comment, but he said "I won't go on record and debate false information, it gives credence to bad reporting and smears. I will however, after your article is published, point out how flawed it is."
BUY GOLD WITH BITCOIN https://ift.tt/3drlkZf
If you want to be financially free, you need to become a different person than you are today and let go of whatever has held you back in the past.
Crypcore is a collateralized Crypto AssetCrypcore is a collateralized Crypto Asset. Crypcore divides the Exchange revenues between the exchange and the coin and adding this to the collateral so that holders of Crypcore can increase the value of their collateral and profit. The collateral will be Bitcoin, Ethereum, Litecoin and Monero. The project strive to ensure price stability in the crypto space by combining crypto-digital assets. Crypcore is open source and forked from Monero. Developers can contribute.
[https://crypcore.com/](https://crypcore.com/)
Get 0.0001 BTC per day to use your Laptop/PC/phone July 2020Hi, hope you all are fine, I have come up with a method where you can make up to 0.002 BTC per day with zero work.
All you have to do is run the software and make money for you.
But this software is paid and I bought it for 500$ and I making profits per day. You can use this software twice a day only.
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Earn 1000 BTC Satoshi in 5 minutes
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises
Justin Sun Offers $1 Million Twitter Hacker Bounty; Meituan Food Giant Explores DCEP Apps; Revolut & Paxos Team
Hmmmm. .bitcoin is good
Thats my opinion
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Top-5 Ways To Buy Bitcoin Instantly*The choice of the optimal* ***ways to buy Bitcoin*** *depends on three factors: how much information you want to disclose, what is the amount of the transaction and what level of security you require. However, it is almost impossible to comply with all 3 factors. So,* ***what is the best way to buy Bitcoin****?*
## 1. Stock exchange
**The best way to buy** **crypto** is to use an exchange ([Binance](https://www.binance.com/), [Coinbase Pro](https://pro.coinbase.com/), [Huobi Global](https://www.huobi.com/)), where one can sell and buy digital currency from other investors. The price is set manually. In this case, the commission charged by the intermediary will not exceed 1%. The exchange provides anonymity since you don’t need to provide your ID in most exchanges. There are several options for transactions:
* Quick deal – immediate purchase or sale of currency from another exchange user;
* Offer – the seller determines the conditions under which the transaction should be arranged, and the buyer can either agree with the conditions or refuse to buy from this seller;
* Automatic order – the system completes the transaction when conditions are fulfilled (provided that you have the funds necessary to fulfill).
If you want to know **how to begin investing in Bitcoin**, start studying stock exchanges.
### Pros:
* Fair rates. You buy Bitcoin, not at the rate that the exchanger came up with, but at the real market rate, which is constantly changing;
* Safety. Trusted, reliable exchanges do not cheat. The trust of users is important to them since they earn a commission from trading;
* Multicurrency. You can exchange fiat for Bitcoin, buy any other coins available, and withdraw them to your wallet.
### Cons:
* Registration needed. Almost all exchanges require registration and request minimal personal data;
* Safety. New exchanges without valuable reputation are sometimes hacked. History knows cases when the administration of exchanges defrauded users and walked off into the sunset. For example, the case of [BTC-E](https://en.wikipedia.org/wiki/BTC-e) (WEX.NZ). This is extremely rare and, as a rule, does not apply to large reliable sites. It is best not to store cryptocurrency on exchanges for the long term and to check all the information about exchanges carefully.
## 2. Exchanger
A crypto exchanger ([Localbitcoins](https://localbitcoins.com/), [Lykke](https://www.lykke.com/), [F-change](https://en.f-change.biz/)) allows exchanging fiat or other tokens for BTC according to a fixed rate. It is probably the **easiest way to buy crypto**. The service adds a commission higher than that on the stock exchange.
### Pros:
* Simple interface. Even a beginner will understand it;
* The ability to buy Bitcoin for almost any existing currency in the world;
* Anonymity. Although it depends on the exchanger and payment method, many exchangers are not interested in your personal data.
### Cons:
* Slow speed. Sometimes the exchange may freeze for several hours;
* Exchange rate. As a rule, in exchangers, the rate is not the most profitable one. It differs from the mid-market not in your favor;
* Anonymity. [Sometimes](https://techcrunch.com/2017/11/29/coinbase-internal-revenue-service-taxation/) there were cases when exchangers leaked information about customers not to authorities, but other interested parties;
* Chance of fraud. Especially, if you use an unknown site.
## 3. ATMs for BTC
ATMs for Bitcoins only enter the market. It is enough to have the necessary amount of cash to be able to exchange it for the equivalent in BTC. Such a transaction is instant and does not require registration or other formalities. There are now[ over](https://coinatmradar.com/) 8500 BTC ATMs around the world.
## 4. For cash with individuals
A hand-to-hand sale is the most private and most insecure way to buy cryptocurrency. It is lucky if you know reliable miners or crypto businessmen. Rent, salary, taxes – all this requires ordinary money, so they constantly have a need to sell mined or earned cryptocurrency. Pros – maximum anonymity of transactions. Cons – risks from dishonest partners.
## 5. Telegram bots
Telegram bot is an automatic script based on the search for offers and counteroffers. If someone wants to sell BTC, they send a request to the bot and it looks for a counter offer. As soon as someone sends a request for the purchase of Bitcoin, the bot will complete a transaction between these two users.
### Pros:
* Speed. Exchange occurs instantly. This is probably the **fastest way to trade Bitcoin**.
### Cons:
* Low security. A bot can stop working unexpectedly, money can be “lost", etc. It is very difficult to bring the service to justice if something goes wrong, and you rely entirely on the decency of the bot owners;
* Inconvenient BTC rate. No bidding. You are forced to work at the rate that the service states.
## Disclaimer
While talking about the ways to buy Bitcoin, it is important to mention that this article doesn’t provide any advice and directions regarding the investments in particular cryptocurrencies and pursues only informative purposes.
Crypterium diversifica su oferta de tarjetas y ahora también ofrece Visa
Is Bitcoin Set to Benefit from the Twitter Hack?
Hiveon ASIC L3+/L3++: Universal Firmware for Higher Hashrate
Crypto Crew University Full CourseAnyone here bought or just having Steve Courtney’s classes (Intermediate, Advanced & Pro)? Would like to get in contact :)
Crypterium diversifica su oferta de tarjetas y ahora también ofrece Visa
Twitter Blue Checks Hacked for $118,229.82 Bitcoin (So Far): Obama, Biden, Apple, Kanye, Exchanges, Influencers Among Victims
Cryptocurrency exchanges are still vulnerable to attacks. Yet, they are equally addressing these core problems without let up to guarantee the safety of funds. Learn more here https://wallexcustody.com/cryptocurrency-projects-head-on-curbing-transparency-and-security-headaches/
Elon Musk's Twitter account has been hacked.
66 page report on why Chainlink is a fraud (released 6 hours ago)
Bitcoin Cash Difficulty Adjustment Algorithm (DAA) Debate Heats Up Ahead of Developers Meeting
What's better than BTC?This is clearly a community that discusses BTC at length (I can tell by the name)
So I have come here to discuss a coin that is even better than BTC.
In fact, you might even call it the better version of BTC.
It's called BTCV2
Plz donate some BTC, i have 3kids and need some help. Thank you in advance kind strangers🙏🏽
Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans
Issues related to the creation of bitcoin-related laws in Korea - FATF related laws3월 통과된 특정금융거래 정보의 보고 및 이용 등에 관한 법률 개정안에서는 가상자산 사업자에게 해킹 사고 예방을 위해 정보보호관리체계를 갖추도록 하는 등 이용자 보호에 도움이 될 수 있는 규정을 일부 도입했습니다. 국회 입법조사처 경제산업조사실은 지난달 일본의 가상자산 이용자 보호 규율 강화라는 보고서를 내고 특정 금융거래정보의 보고 및 이용 등에 관한 법률 시행령에서 가상자산 투자자를 보호할 수 있는 방안을 마련해야 한다고 제언했습니다.
​
The amendment to the Act on Reporting and Use of Specific Financial Transaction Information passed in March introduced some regulations that can help protect users, such as requiring virtual asset operators to have an information protection management system to prevent hacking incidents. Last month, the Economic and Industrial Research Office of the National Assembly's Legislative Investigation Office issued a report titled "Strengthening the Protection Regulations for Virtual Assets Users in Japan," suggesting that measures should be taken to protect investors of virtual assets in the Enforcement Decree of the Act on Reporting and Use of Specific Financial Transaction Information.
​
지난해 과학기술정보통신부 국정감사에서 발표된 가상자산 거래소 해킹사고 피해금액이 2017년부터 2019년까지 약 1200억원 가량으로 추산된 가운데 거래소 허위계정을 동원해 거래량을 늘리는 등 가상자산 거래소에 의한 시세조종 의심 사례 또한 이어지고 있다는 지적입니다. 가상자산이 불법 유출된 경우 이용자 구제에 관한 사항, 시세조종으로 인한 이용자 피해 방지를 위한 방안을 담은 구체적인 법령은 없는 상황입니다.
It is pointed out that while the amount of damage caused by hacking accident on the virtual asset exchange, which was announced at the National Audit of the Ministry of Science and ICT last year, is estimated to be about 120 billion won from 2017 to 2019, there are also suspected cases of price manipulation by the virtual asset exchange by mobilizing false accounts on the exchange to increase the volume of transactions. There is no specific law that includes matters concerning the relief of users in the event of illegal leakage of virtual assets and measures to prevent damage to users due to market price control.
​
​
​
가상자산을 금융상품으로 인정하는 것은 가상자산을 공인하는 의미로 받아들여질 수 있어 신중할 필요는 있지만, 적어도 시세 조종으로 인한 이용자 피해를 방지한다는 측면에서는 일본 금융상품거래법상의 불공정거래 금지 규정을 우리 법령에 도입하는 방안을 면밀히 검토해볼 필요가 있다고 보고 있습니다. 정부가 가상자산 투자자를 보호할 수 있는 최소한의 규율을 도입해야 한다는 정책조언이 나왔습니다.
Recognizing virtual assets as financial instruments requires caution as they can be taken as a recognized virtual asset, but we believe that we need to carefully examine the introduction of the prohibition of unfair trade under the Japanese Financial Instruments Act to our statute, at least in terms of preventing damage to users from manipulating the market price. Policy advice has been made that the government should introduce a minimum of discipline to protect virtual asset investors.
​
가상자산 거래소 관련 해킹 및 시세조종 사건으로 인해 투자자 손실 발생이 이어지고 있지만, 이들을 보호할 수 있는 제도적 장치가 없는 것에 대한 우려가 높아지면서입니다. 또 내년 3월 시행되는 특금법이 가상자산 거래소 등 관련 사업자들이 정보보호관리체계를 갖추도록 했지만, 가상자산이 불법 유출됐을 때 이용자를 구제하거나 시세조종으로 인한 투자자 피해를 방지하기 위한 방안은 담겨 있지 않다는 것을 개선점으로 꼽았습니다.
Recognizing virtual assets as financial instruments requires caution as they can be taken as a recognized virtual asset, but we believe that we need to carefully examine the introduction of the prohibition of unfair trade under the Japanese Financial Instruments Act to our statute, at least in terms of preventing damage to users from manipulating the market price. Policy advice has been made that the government should introduce a minimum of discipline to protect virtual asset investors.
​
​
최근 국회를 통과한 특금법 개정안과 함께 국제자금세탁방지기구의 권고안 중 트래블 룰이 작용한 결과로 국내 가상자산 거래소 업비트가 익명성을 중시하는 다크코인의 8종 퇴출을 예고했습니다. 업비트와 함께 국내 양대 거래소를 형성하고 있는 빗썸도 조만간 거래 지원 종료 여부가 발표될 예정입니다. 가상자산 시장의 제도권 진입을 앞두고 시장 건전성 확보에 중점을 둔 모습입니다.
As a result of the travel rules in the International Monetary Fund's recommendations along with the recent revision of the special law passed by the National Assembly, Upbit, a virtual asset exchange in Korea, has announced the withdrawal of eight types of Dark Coin, which values anonymity. Bithumb, which forms the nation's two largest exchanges with Upbit, will soon be announced whether or not the transaction support will be terminated. The focus is on securing market health ahead of the entry of the virtual asset market into the system.
​
최근 모 거래소는 상장되어 있는 8종의 코인을 투자주의 종목으로 지정하였습니다. 전송 과정에서 프라이버시 기능을 지원하거나 향후 지원 가능성이 존재, 익명 거래를 표방하는 암호화폐에 대해 유의 종목 지정 및 거래 지원 종료 절차를 밟아 나갈 계획이다라고 전했습니다. 자금세탁방지 위험성이 높은 다크코인의 익명성 위험을 인식한 조치입니다. 한편 관련 업계는 이러한 움직임과 함께 다크코인이 더 이상 국내 거래소에서 거래되기 힘들 것이란 견해입니다. 또한 최근 환전뱅크 - EXCHANGE BANK 등과 같은 비트코인 구매사이트 혹은 비트코인 구매대행 사이트로 알려져 있는 사이트들도 자금세탁 등의 금융사고 예방을 위해 회원의 본인인증 강화를 진행하는 등 한층 강화된 보호 장치들을 구축하고 있는 상황입니다.
​
Recently, one exchange designated eight listed coins as investor stocks. During the transfer process, we plan to designate significant stocks and end transaction support for crypto-currency, which supports privacy functions or has potential for future support, and advocates anonymous transactions. The measure recognizes the risk of anonymity of dark coins with a high risk of money laundering. Meanwhile, the industry believes that dark coins will no longer be traded on the domestic exchange. In addition, recently, bitcoin purchase sites such as EXCHANGE BANK( [https://www.exc-bank.com/](https://www.exc-bank.com/) ), or sites known as bitcoin purchasing agency sites, have been building stronger protection devices such as strengthening members' identity to prevent financial accidents such as money laundering.
​
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특히 가상자산 거래소 등 사업자가 해킹에 대비해 이용자 자산을 콜드월렛과 같은 별도 서버로 보관하는 한편, 투자자 인출권 보장을 위해 이행보증 가상자산을 상시 관리토록 한 게 핵심입니다.
입법조사처는 일본 정부는 비트코인 등 가상자산 투자자 보호 장치를 강화하기 위해 법제도를 마련했다며 자금결제법을 통해 가상자산 거래소가 이용자의 가상자산을 안전하게 보관할 의무를 부과하고, 금융상품거래법에서는 가상자산 거래 과정에서 시세조종 등 불공정거래 행위를 금지하고 있는 부분을 우리 법령에 도입하는 방안을 검토해야 한다고 강조했습니다.
이 외에도 최근 달러수요로 늘어난 테더구매 수요도 감시할 필요가 있다는 업계 관계자의 조언도 나오고 있는 만큼 관련법률이 어떻게 제정될지 관심이 모아지고 있습니다.
한편 국회 입법조사처는 일본의 개정 법률에서는 비트코인 등 신종코인을 암호자산으로 지칭하지만, 아직 국제사회에서 공식 용어가 통일되지 않았다며 우선 국회는 특금법이 정의한 대로 가상자산으로 용어를 통일한다고 했습니다.
In particular, the key point is for operators such as the Virtual Assets Exchange to keep user assets in separate servers such as Cold Wallet in case of hacking, and to ensure the right to withdraw investors, virtual assets with performance guarantees are managed at all times.
The Legislative Research Service said, "The Japanese government has set up a legal system to strengthen the protection of investors in virtual assets such as bitcoins," stressing, "Through the Fund Settlement Act, the virtual asset exchange should impose a duty to keep users' virtual assets safe, and the Financial Instruments Trading Act should consider introducing a part of our statute that prohibits unfair trading activities such as market manipulation in the course of virtual asset transactions."
In addition, industry insiders advise us to monitor the demand for tether purchases, which have recently increased to dollar demand, and attention is being paid to how related laws will be enacted.
Meanwhile, the National Assembly Research Service said that although Japan's revised law refers to new coins such as Bitcoin as crypto assets, the official terms have yet to be unified in the international community, and that the National Assembly will first unify the terms into virtual assets as defined by the Special Act.
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Come & Catch the DeFi Train with CoinEx! Enjoy ZERO Tx Fee & Share BIG Rewards of $20,000Dear CoinEx users:
To give back to your long-term support, we are going to hold the following events. Prize of 20,000 USDT is waiting for you to share!
\*\*Duration：\*\*July 15, 2020 - July 24, 2020 (UTC+8)
\*\*Tokens Involved:\*\*LINK, SNX, COMP, REN, KNC
\*\*Event 1:\*\*Duration: 10:00 July 15 to 16:00 July 17(UTC+8)Rules:ZERO tx fee available for trading any DeFi tokens above on CoinEx.
\*\*Event ２:\*\*Duration: 10:00 July 15 to 16:00 July 24(UTC+8)Rules:CoinEx users with a net buying of 200 USDT or more of any one of DeFi tokens above can share 20,000 USDT proportionally. CoinEx will give away the rewards on a first-come-first-served basis.
[About LINK](https://www.coinex.com/info/project?id=2984) |[About SNX](https://www.coinex.com/info/project?id=3080)|[About COMP](https://www.coinex.com/info/project?id=3132) |[About REN](https://www.coinex.com/info/project?id=3133)[ |](https://www.coinex.com/info/project?id=3133) [About ](https://www.coinex.com/info/project?id=3096)[KNC](https://www.coinex.com/info/project?id=3096)
**Notes:**
1. Net Buying= Buying - Selling - Withdrawal. During the event, any operation related to Red Packet feature will be deemed as withdrawal.
2. During the event, should any cheating behavior be found, the user will be disqualified.
3. The sub-account is not allowed to participate as an independent account, and the deposit amount of sub-accounts and leveraged accounts is also calculated into the main account.
4. Inter-user transfer is not included in the deposit amount.
5. Withdrawal will be suspended during the event and resumed after its end.
6. Reward distribution: Event rewards will be issued within 2 weeks after the event.
7. CoinEx reserves the right of final explanation for this event.
Official Site: [https://www.coinex.com/](https://www.coinex.com/)
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Bitcoin ABC stuck at block 635270Hello, I have problem with bitcoin ABC.
I tried to -rescan , -reindex but with no success.
Here is logs:
​
Bitcoin ABC stuck at block 635270, on 94% syncingHello, I have problem with bitcoin ABC.
I tried to -rescan , -reindex but with no success.
Here is logs:
​
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Fingers Crossed: AVA Labs Avalanche AVAX Token Sale Readies First Major Distribution After Aborted Attempt
I'm still asking:
HAS ABC REMOVED THE PROTOCOL ALTERING CODE YET?
because the answer (so far) is a repeated, resounding "fuck you" to everyone else from the ABC team
crypto is trustless only in one sense; real trust is still needed. we need to trust the dev teams who make the tools we all need and use. the ABC team is abusing their power
For every $1 of btc you send I will match double.1927czen1ZXhiC22CDyJafSjPAApvAp95
I will send this to Coronavirus Vaccine Research
You chose a dvd for tonight
Abra Settles Charges With SEC & CFTC; Robinhood Raises $320 Million; Bank of England Debates Digital Currency
I chose a dvd for tonight
Binance’s Stablecoin BUSD Purchase Volume Hits $1 BillionThe purchase volume of [Binance’s USD-backed stable coin](https://bit2buzz.com/news/Binance-Stablecoin-BUSD-Purchase-Volume-Hits-$1-Billion), BUSD rose to $1 billion. It’s not even a year for BUSD’s launch, said Binance, adding that they have seen ‘tremendous growth in terms of issuance, reach and use cases for this stablecoin’.
Initially, the BUSD was only available no the [Binance exchange](https://www.binance.com/en/register?ref=MJ26UP4W), however, other platforms began supporting gradually. The latest in the list is ‘Justin Sun’s BitTorrent’ which recently announced that their customers can purchase ‘BTT token with BUSD’. In addition to BitTorrent token, customers can also use BUSD to purchase µTorrent Classic Pro. As per the [official report](https://www.crowdfundinsider.com/2020/07/163858-bittorrent-%C2%B5torrent-now-accept-binances-usd-backed-stablecoin-busd/), BUSD is the six cryptocurrencies that are available on BitTorrent. Other five includes ‘TRX, BNB, BTC, BTT, and OKB’.
According to Binance, BUSD has witnessed ‘growing traction in countries like Brazil, mainly to simply payments worldwide’. Binance’s stable coin is currently surging by 0.33 percent within the past 24Hours whereas the market capitalization counts at $165 million. Besides BitTorrent, yet another platform, Zilliqa Network announced the launch of it. Binance USD (BUSD). The platform notes that the addition of BUSD comes as a part of a tripartite collaboration between Binance, Zilliqa, and its partner ‘Switcheo’.
**Other Updates - Binance Kick-starts ‘Binance Off The Charts’ Virtual Conference**
The world’s largest cryptocurrency exchange ‘Binance’ is hosting its virtual conference ‘Off The Charts’ to celebrate the ‘third anniversary’.
This virtual conference will begin at 09:00 am and will last for 10-hours. As per the official information, the event will host 80+influential speakers including ‘crypto innovators, blockchain and business leaders and policymakers. To name a few, Singer Akon, Binance CEO Changpeng Zhao (CZ), Coinshares’ Meltem Demirors, Brave Softwares’ Brendan Eich, Ripple’s Navin Gupta, Bitcoin bull Thomas Lee, Matic Network’s Sandeep Nailwal, WazirX’s Nischal Shetty, Tron’s Justin Sun and many others will be speaking on several topics. Noticeably, the agenda features 5+ major keynotes.
Binance is also awarding the standout innovators and businesses as ‘Binance Awards 2020’. Binance will reward ‘Influencers. Binance Angels, Best Binance Chain Wallet, Launchpad project of the year, and Philanthropist of the year awards based on the votes received from the public.
Bitcoin futures king Huobi to launch options trading - Decrypt
Bitcoin ABC DAA Telgram Logs
You go to cinema
New girl here please guide meHello guys i am new to both site like in reddit and read.cash and i really want to do something for my day to day earning please help me with my first post.
[read.cadh first post]
(https://read.cash/@New_homie/guide-me-please-b5896893)
^^^ those who are instigating infighting are undermining the hard work of builders. If you want to measure cock, spare us and do it off the public forum.
^^^ those who are instigating infighting are undermining the hard work of builders. If you want to measure cock, spare us and do it off the public forum.
Technical factors are ripe for a FinTech slowdown. But has the life on lockdown turned it around? Find out here: https://lnkd.in/gqtQt_D
TOP CRYPTO TWEETS: BTC is Dogecoin at This Point, Just Replace the Noun
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My background is military/IT stuff, but I've always enjoyed creating art, poetry, and music.
Is anyone willing to offer feedback on my art?
I have a plan to become rich off of bitcoin, send me whatever in an effort to help me multiply my money. Even pennies can help, send whatever spare change you can. the more capital the more I can flip. When I make dumb returns I will refund whatever is sent plus interest.
I'll give it a try..Hi! I'm new here. I lost my job because of covid-19 and I like to ask for your help. Can you send me a dollar or two worth of btc/Satoshi? not asking for much, just for me to get by for a couple of weeks. This will be the first and last time i'll be doing this (hopefully) and I'm not sure if you'll believe me but i'll give it a try anyway. Thank you...
33sA2RzyoGsibaYo7RKG64L1FTRhR5ExTL
OKEx crypto exchange is doing large whale trades with BTC/USDT pairs
The youtube algo is a braindead cat with a cunning ability to mederate the wrong content every single fucking time.
Tether on Bitcoin Cash Network. Kanye or Brock Pierce for President: The Bitcoin.com Weekly Update
Invest your spare change in crypto & Earn interest on your crypto
im calling it now/r/btc will be calling bch "the real cardano" this time next week when cardano overtakes bitcoin cash
IMHO this is a test. An independent developer proposes a relatively small and side-effect free change which will make the chain run a little bit smoother.
What will BitcoinABC do? Will they accept and implement it showing that they are able and willing to cooperate? Or will it be another fuck you community, Bitcoin Cash is Bitcoin ABC and we'll do whatever we want?
I think they will accept, maybe tweak it a little for show but adopt it for the most part to dampen secession tendencies in the ecosystem at minimal costs.
Today's market is risingThe pie oscillated above 9000. A few months after the futures cotton was trading sideways at a high of 16,000 points, it then began to surge. Futures tycoon Lin Guangmao did more at the absolute high of 16,600, and the floating profit increased by 6.6 million to achieve 1.3 billion... This does not mean that I said that BTC will rise, but that there is a long high sideways history in history and quickly opened the bull market trend . There is a faint feeling that the financial market is going to go through a wave of bull markets, as well as stocks and futures pie. It's just a matter of time. The short-term large probability of the pie is between 9150-9300. If there is no volume, it is difficult to effectively break through 9500 points. Altcoins go bull market, the pie car is too heavy, and the trend is relatively weak. But falling below 9000 points is also more difficult.
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Wondering whether you should save or invest? The answer depends on your goals and your financial situation.
well..... dai collateral is getting some of this stablecoins (like usdc) so, it could fuck you up in the long run anyways
Permissionless Software Foundation Funding-Token Air-Drop Scheduled for July 15th, 2020
well..... dai collateral is getting some of this stablecoins (like usdc) so, it could fuck you up in the long run anyways