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http://www.quickmeme.com/meme/3t59kj
(Office Space meme)
The leader of Bitcoin SV is a guy named Craig S Wright. He's a serial scammer and fraudster who claims to be Satoshi Nakamoto without any actual evidence to back up his claim, and who has repeatedly [been caught forging documents](https://cointelegraph.com/news/judge-slams-craig-wright-for-forged-documents-and-perjured-testimony) to try to defend that claim.
He's [now suing various volunteers and non-profits](https://cointelegraph.com/news/craig-wright-ultimatum-take-my-bitcoin-whitepaper-down-or-face-lawsuit) in the Bitcoin space to demand them to stop hosting the Bitcoin whitepaper, claiming that (because he says he's Satoshi Nakamoto) he owns the copyright to the whitepaper, despite the fact that [the whitepaper was released under the MIT license](https://aeonlaw.com/blog/2019/06/17/who-owns-the-bitcoin-whitepaper/), so even if he were Satoshi, he wouldn't be able to revoke that license and block replication.
Bitcoin SV exists because Craig Wright and Calvin Ayre were trying to leverage Craig Wright's fraudulent claim to profit. By investing in BSV, you are supporting a fraudster.
WOW
WOW
Is there a limit to how much bit coin a person can recieve or send?
In communism everyone is poor, with bitcoin everyone is getting rich *shrug*
In communism everyone is poor, with bitcoin everyone is getting rich *shrug*
SCAM
they knew, they're purposefully crippling bitcoin so they can make money with liquid (and keep getting paid by their VCs). their incentives are completely decoupled from the success of bitcoin.
I'll refute it. Nano is a centralized, insecure, unscalable scam [https://qertoip.medium.com/it-seems-to-only-cost-3m-to-kill-nano-raiblocks-37d78a4e96ca](https://qertoip.medium.com/it-seems-to-only-cost-3m-to-kill-nano-raiblocks-37d78a4e96ca)
and you're dumb as fuck for falling for it
They probably suspect Blockstream will try to sabotage BTC even more in the next few years, and need to mitigate against it.
how long until communist jack dorsey bans any BCH talk?
that's what they do to anyone who threatens them. and the average person is just too busy or stupid to question what the MSM tells them.
that's what they do to anyone who threatens them. and the average person is just too busy or stupid to question what the MSM tells them.
deserves it for firing SJWs and not apologizing to marxists.
This thread was created by by /u/BitcoinXio (David Shares, who's twitter he is linking to here) who is permanently suspended from all of Reddit (presumably due to his long history of harassment, exploits against the site interface, etc.). He is continuing to post here via sockpuppet accounts on behalf of his employer, convicted felon Roger Ver, in violation of the site terms of service.
Today he is again attempting to defraud reddit users by conning them into purchasing a scam cryptocurrency that has his employer is a well know major bagholder.
Yes, CoinTelegraph is an awful website that tries to pass itself off as cryptocurrency news, but it's actually for sale to the highest bidder. I remember when I reported to their editors that they had run a puff piece about an obvious scam. They never replied and [the "article" (advertisement) stayed up](https://cointelegraph.com/news/hard-fork-take-two-segwit2x-will-return-dec-28-says-founder). This scam was so blatant that it was shocking. Some random scammers had co-opted the SegWit2X name after it was canceled and falsely claimed that they were the "founders" of SegWit2X. CoinTelegraph didn't mention or correct this in their article at all. That's when I gave up on them.
Tether had no banking at all from march-sept 2017 and issued 400m tethers with no indication that they had any backing at all.
The settlement: https://t.co/x1yaDvbQuj?amp=1
Read points 25 to 40.
NYAG statement: https://ag.ny.gov/press-release/2021/attorney-general-james-ends-virtual-currency-trading-platform-bitfinexs-illegal
Tether had no banking at all from march-sept 2017 and issued 400m tethers with no indication that they had any backing at all.
The settlement: https://t.co/x1yaDvbQuj?amp=1
Read points 25 to 40.
NYAG statement: https://ag.ny.gov/press-release/2021/attorney-general-james-ends-virtual-currency-trading-platform-bitfinexs-illegal
BSV has no block size limit, [https://cointelegraph.com/news/monster-369mb-block-processed-on-bitcoin-sv](https://cointelegraph.com/news/monster-369mb-block-processed-on-bitcoin-sv)
Miners avoid making big blocks if they can to avoid them being orphaned because big blocks take longer to validate and have a higher risk of earning nothing.
People are not having a hard time,
I was implying BSV is Bitcoin. The truth is BCH BTC and BSV are Bitcoin.
BSV is just the version of Bitcoin that reflects the original vision. BSV exists because BCH's benevolent dictator forked off the Bitcoiners who said he shouldn't be able to chang the protocol at will. He was later forked off for trying to change the protocol again to make 8% of all newly mined coins go to him.
BSV can do more transactions today than any variant of Bitcoin, theoretically more than Visa. [https://cointelegraph.com/news/bitcoin-sv-rivals-visa-for-transactions-claims-bitcoin-association](https://cointelegraph.com/news/bitcoin-sv-rivals-visa-for-transactions-claims-bitcoin-association)
awsome Chris!
[btc overnight collapse probability ](http://www.tr0lly.com/bitcoin/bitcoins-overnight-collapse-probability-is-about-50/)
[tether bitcoin domino effect ](https://seekingalpha.com/instablog/48665243-kristian-johansson/5555686-tether-bitcoin-domino-effect)
Here are some things you might want to read:
2013: [$10K double spend of BTC due to a version issue and chain split](https://bitcoin.stackexchange.com/questions/722/has-there-ever-been-a-successful-double-spend-attack-on-the-bitcoin-network-if) - see responses. Here is [a better link](https://bitcointalk.org/index.php?topic=152348)
2016: [Peter Todd explains how he Double Spent vs Coinbase](https://www.coingecko.com/buzz/peter-todd-explains-how-he-double-spent-coinbase).
4 week ago: [Suspected Bitcoin Double Spend spotted in the wild](https://cointelegraph.com/news/bitcoin-double-spend-spotted-in-the-wild)
You can send people small amounts of BCH instantly, If they don't have a wallet yet, you can incentivize them to install one through tools like chaintip. /u/chaintip
Alternatively, you can use the bitcoin.com wallet to send BCH through a "shareable link". If they install the bitcoin.com wallet, opening the link will credit their wallet with the amount you sent. [https://branch.wallet.bitcoin.com/Q1IF7EFeUdb](https://branch.wallet.bitcoin.com/Q1IF7EFeUdb) (someone might be quicker than you to claim this one though! :P)
https://LocalBitcoinCash.org/ is focused on Bitcoin Cash and SLP tokens but not officially launched yet. The team is still finalizing some last minute stuff. Deposit confirmations is 1 (for BCH and SLP tokens) so you can start trading within minutes instead of waiting for hours like on other exchanges.
You can actually see it supports all sort of SLP tokens including wrapped BTC and wrapped Ethereum and wrapped Tesla shares. There will be more later but still working out the details.
1/2
​
Will try, but i wrote the first comment off my head with the practical knowledge i have from using crypto so far.
​
>Bitcoin was invented from Satoshi because banks fucked up. I feel we can't trust banks as they only act out of self interest. That was always the case. They don't hold your money because they like you, they hold your money so they are able to make money for themselves.
Bitcoin was first seen after the 2008 financal crisis.
The exact date is 2009-01-03 18:15(12 years ago). Thats is when the first block was mined.
The message in the genesis Block references this articel in the coinbase data:
�� EThe Times 03/Jan/2009 Chancellor on brink of second bailout for banks
[https://www.thetimes03jan2009.com/](https://www.thetimes03jan2009.com/)
The whitepaper:
[https://www.coindesk.com/what-is-the-bitcoin-white-paper](https://www.coindesk.com/what-is-the-bitcoin-white-paper)
A cartoon that explains Bitcoin in an easy to understand way:
[https://whitepaper.coinspice.io/](https://whitepaper.coinspice.io/)
​
>Today BTC prices most people out. Around 6 billion people are not able to use a value transfer system that charges fees above 5 dollar per transaction, simply because they don't earn that much in a month or even year.
[https://data.worldbank.org/indicator/NY.ADJ.NNTY.PC.CD?most\_recent\_value\_desc=true](https://data.worldbank.org/indicator/NY.ADJ.NNTY.PC.CD?most_recent_value_desc=true)
Ok this one might not be true in regards of the income over month/year, even tho i dont think we have reliable data on all the 8 billion people that are estimated to live today.
[https://www.worldometers.info/world-population/](https://www.worldometers.info/world-population/)
But the point still stands. People that make under 100 dollar per Month won't spend it for fees in a system that charges over 5 dollar per transaction.
​
>If you want to catch all of humanity in a transfer system, it needs to be usable for everybody. That's not possible with BTC anymore, even with second layer solutions.
Just my opinion.
​
>The problem with L2 is also, that it has the same fundamental problems the banking system has today, you need to pay big fees yourself (not viable for most) , or rely on a middle man (not wanted).
Best you try to verfiy this yourself. Try to set up a Lightning channel. To open one you need to pay On-Chain fees or use a service that someone offers to you (back to a "Bank"). Same for closing. So 2x the median fee of an on Chain TX.
[https://bitcoinfees.cash/](https://bitcoinfees.cash/)
Beside that, IF it works, it's easily implemented on BCH too, as BTC and BCH share the same blockchain before the split and because of that the framework is similar.
​
>That's why BCH is so great. It follows what Satoshi described in his whitepaper and is closest to the concept of E-Cash. Low fees, easy to use and accessible for all.
Fees are really low on BCH. 1 Satoshi/byte. One -put (in- or out-) requires around 82 byte. So in the best case you have one input, one output. If you have Bitcoin worth 1 dollar and you send the whole Dollar as example.
This way you spend around 164 byte or satoshi for one TX. The more inputs/outputs the bigger the fee. Thats why a normal TX will be aroudn 244 Satoshi.
I had one time only 80 Satoshi fee, but can't remember exactly how that came to be. That's also why the 5 dollar TX had around 2500 Satoshi fee, because it was made out of say 8 inputs 2 outputs. 2 outputs, because when you have 1.5 dollar and send 1 dollar, 0.5 dollar will be sent back to your adress.
On BTC you pay mostly more than 1sat/byte as others can overbid you to get in the next block.
​
>With enough transactions per block, the fees per block will be enough incentive to secure the network for the miners, even tho the fee per transaction is still irrelevant. That's also why I believe a no fee coin like nano won't be viable as reserve currency. The energy spent to secure the network wants to get paid.
That's what Satoshi imagined when he created Bitcoin and the whole reason the Blockreward goes down over time. He envisioned that TX per block will pick up significantly and with this, fees per block will rise to replace the block reward.
Fees and block reward are togheter the coin base TX, which is what the miners are after.
The nano thing is just my opinion and grounded on my observation, that there are no Perpetuum mobile in this reality.
​
>Other than that, neither BCH nor BTC are Bitcoin as is it was in 2008.
This is because there were changes like schnorr signatures (both chains),
[https://academy.binance.com/en/articles/what-do-schnorr-signatures-mean-for-bitcoin](https://academy.binance.com/en/articles/what-do-schnorr-signatures-mean-for-bitcoin)
lifting of the 1 mb limit aka spawn protection (only BCH),
[https://cointelegraph.com/news/satoshis-best-kept-secret-why-is-there-a-1-mb-limit-to-bitcoin-block-size](https://cointelegraph.com/news/satoshis-best-kept-secret-why-is-there-a-1-mb-limit-to-bitcoin-block-size)
Segwit 2x (only BTC),
[https://de.wikipedia.org/wiki/SegWit](https://de.wikipedia.org/wiki/SegWit)
ReplaceByFee (only BTC), a consequence out of the "Fee Market" (which is desired by the Blockstream Company),
[https://www.buybitcoinworldwide.com/rbf/](https://www.buybitcoinworldwide.com/rbf/)
[https://bitcoinfees.earn.com/](https://bitcoinfees.earn.com/)
[https://www.trustnodes.com/2017/12/22/gregory-maxwell-celebrates-high-fees-300000-stuck-transactions](https://www.trustnodes.com/2017/12/22/gregory-maxwell-celebrates-high-fees-300000-stuck-transactions)
smartcontracts (only BCH),
[https://finance.yahoo.com/news/bitcoin-cash-releases-smart-contract-170001645.html](https://finance.yahoo.com/news/bitcoin-cash-releases-smart-contract-170001645.html)
SLP Tokens (only BCH),
[https://news.bitcoin.com/how-to-create-custom-slp-tokens-with-the-bitcoin-com-mint/](https://news.bitcoin.com/how-to-create-custom-slp-tokens-with-the-bitcoin-com-mint/)
​
>Both made changes to the protocol. But instead of limiting the block space and pushing to never use it, BCH aims for usability and innovation.
See above.
​
>BCH is used by many people and is set to handle 32mb blocks today. That are many transactions every block. With this, stuff like noise.cash or chaintip are possible.
>
>These applications drive adoption and adoption drives innovation.
My personal expirence and the general sentiment of the base of the two coins.
BTC: HODL FOR LIFE NEVER SELL!
BCH: SPEND AND REPLACE!
[https://www.google.com/search?client=firefox-b-d&q=BCH+block+size+limit](https://www.google.com/search?client=firefox-b-d&q=BCH+block+size+limit)
I was wrong here, its not 32mb but 8mb, sorry.
But on the testnet chain there are blocks mined with way bigger capacity. Cant find it right now, so i wont give a number.
Wish I could vote, but rule #3 forbids it :(
If I could vote I would say $678.24
PIVX is the real cryptocurrency, actually what Bitcoin wanted to be when it was created. As Satoshi wrote in the whitepaper, privacy is one of the core features of a real cryptocurrency. Bitcoin isn't private unfortunately and it will never be, probably because current development team doesn't want to play unsafe game at current stage where Bitcoin is worth a lot.
PIVX is that one small cap gem that big caps like Ethereum and Tezos are following, by trying to implement the following features that are already available on PIVX blockchain on mainnet:
1) Proof of Stake consensus algorithm
2) World's best zk-SNARKs privacy protocol
3) All transaction fees on PIVX blockchain are being burned (literally, 100% of transaction fees are not going to stakers, they are completely erased from supply)
We will see, everything points that privacy will be one of the most important features in the upcoming months, with today's Mastercard announcement about the importance of security and data protection, PIVX is positioned as the clear winner.
Furthermore, data reveals that more and more investors are aware of the importance of their financial data protection. Very bullish for privacy coins:
[https://cointelegraph.com/news/privacy-in-blockchain-and-crypto-is-a-major-concern-for-users-study-reveals](https://cointelegraph.com/news/privacy-in-blockchain-and-crypto-is-a-major-concern-for-users-study-reveals)
Very helpful, I will check these out.
From what I have read having more active trustworthy nodes contributes positively to a blockchain such as BCH. Am I mistaken, or are you just saying that it would be an insignificant effect and unworthy of doing since mining nodes already carry a lot of the weight?
Edit: doing a bit of research on this topic I now see what you're getting at and how non-mining full nodes can actually harm the network under certain conditions. Thank you for the bone and I will take it into consideration moving forward.
Understood. I look forward to it!
Thank you for the confirmation. I was hoping that I wouldn't have to set everything up just to find out that I could not meet the network requirements.
Unfortunately this is not the type of answer I was seeking. I would like to run a full node to benefit myself as well as I grow my presence in the realm of cryptocurrency. I feel that it is important for me to get hands-on experience and learn the technology in this way even if it's not immediately beneficial to others.
It was actually 2019, not 2018, but my question still remains
https://www.theblockcrypto.com/linked/22085/one-bitcoin-cash-address-is-responsible-for-nearly-50-percent-of-the-networks-transactions-in-the-past-month
https://www.yahoo.com/lifestyle/one-bitcoin-cash-address-responsible-111224832.html
https://cointelegraph.com/news/single-address-behind-more-than-50-of-bitcoin-cash-transactions-report
https://messari.io/article/one-bitcoin-cash-address-is-responsible-for-nearly-50-of-the-network-s-transactions-in-the-past-month
It was this account https://explorer.bitcoin.com/bch/address/1b1itzeSKYEKhdcthUSnNJ47Fx2U8Zwwn that has 11,550,358 transactions so that's why I'm wondering if something similar is happening or if this is real adoption
So where's Cointelegraph to make some news on this? When Doge temporarily passed Bitcoin Cash, they made a lot of buzz about it (article written by William Suberg, just another maximalist):
[https://cointelegraph.com/news/bitcoin-cash-no-longer-a-top-10-cryptocurrency-after-being-hounded-out-by-dogecoin](https://cointelegraph.com/news/bitcoin-cash-no-longer-a-top-10-cryptocurrency-after-being-hounded-out-by-dogecoin)
Unfortunately, Doge and Litecoin is a completely different case to BCH and BTC, because of [merged mining](https://cointelegraph.com/news/dogecoin-adopts-merged-mining-with-litecoin).
Hashrate doesn't have to choose between the two chains in that case, in the Bitcoin war it does.
Because of that, the dynamic is completely different with how it plays in to price for Dogecoin. Miners don't need to swap back and forth to LTC if the price goes up, or if it goes down, since they can just mine both all the time.
I would love to, but those stupid f\*\*cks over at [cex.io](https://cex.io) can't get their withdrawals to work since the fork. \*facepalm\*.
yes gonna sell them for USDT and transfer them out.
simpleledger:qpj5vsszzyn9f4waaaz8g4t9t3anqrx37vznyd3a90
Please check the pool's email address [bitcoin.com](https://bitcoin.com). I wrote a message, I need to act urgently, either cancel the transaction, or create a new one with a higher commission. Someone is trying to withdraw my Bitcoin Cash. I didn't get any emails.
Honestly, I do not care about how many he has but people hate on BCH because they say that the core team is the one who benefited from this project when in reality they were already so rich. This means that the bch that they have slightly add to their net worth which is a good thing because they believe in this project so they will just HOLD.
Something wrong, with the volume and the number of available coins.
SOMETHING SUS
They blocked me from commenting because I am a newbie.. they have been abusing their power!
The DAA is still being played by miners maximizing their profitability.
https://fork.lol/blocks/time
Its a shame the new alogitthym didn't fix this issue
What was the site so at least others know to avoid it.
At 4:15 he is explaining how layers work (in the OSI model), the very thing Bitcoin Core implemented, called Lightning Network.
Can't make this shit up. LOL
Here is a Computing Science professor using a study based on Ethereum to [conclude that blockchains can only handle a throughput of up to 27 transactions/second (latency 12 seconds)](https://youtu.be/4CdO0olVfAA?t=770).
With 32MB blocks, BCH can already handle about 100TPs. [BCH already reached 27 TPS during the Sept 1, 2018 "stress test"](https://cointelegraph.com/news/bitcoin-cash-stress-test-results-21-million-transactions-cause-no-surge-in-fees), with Bitcoin ABC nodes limiting the blocks to an average of 4MB (due to mempool acceptance rate-limiting inherited from Bitcoin Core).
I'll admit, I'm lost, but I want in.
Would be cool to integrate that into solutions for merchants so they can auto-hedge fiat value received. Or not, if they don't want to and prefer to expose themselves to BCH price movement.
[Dotwallet already has this](https://twitter.com/cryptorebel_SV/status/1354703464002187266).
You should try it /u/chaintip
>2- Can you provide a link to a post or paper by Satoshi that clearly states that he inteded for the block size to be anti-spam measure? If indeed it is the case, do you think that spam is impossible now with the current block size, which is roughly 2 MB? In other words, why are we not worried about spam anymore?
You don't have to. It was pretty obviously an anti-spam and anti-dos measure. Many people who have personally talked to Satoshi [acknowledged this early on](https://hackernoon.com/hn-images/0*idtiYHVvXJERF21r.). No blocksize limit is necessary, as spamming is already prohibitively expensive on a blockchain such as BTC or BCH. Furthermore are that the incentives make it at worst, mildly expensive and inconvenient for others while being very expensive and inconvenient for the spammer.
https://cointelegraph.com/news/wallstreetbets-coin-becomes-1-on-coinmarketcap-kind-of/
[Why is There a 1 MB Limit to Bitcoin Block Size](https://cointelegraph.com/news/satoshis-best-kept-secret-why-is-there-a-1-mb-limit-to-bitcoin-block-size)
I think it's time to go after JP Morgan silver is undervalued bigly
I think it's time to go after JP Morgan silver is undervalued bigly
So do you think this will jack the market cap of BCH up?
Time for the biggest class action law suit in stock trading history.
Gtfo AOC didnt have a clue what a retail investor was until an hour ago. lmfao.
That includes WeBull too
PODCAST [https://podcast.bitcoincash.site/1495093/7523488-the-future-of-slp-tokens-on-bitcoin-cash-with-james-cramer](https://podcast.bitcoincash.site/1495093/7523488-the-future-of-slp-tokens-on-bitcoin-cash-with-james-cramer)
LBRY [https://lbry.tv/@BitcoinCashSite:6/Performance-Improvements-for-Bitcoin-Cash-with-Jonathan-Toomim:9](https://t.co/QYphU8nTN9?amp=1)
This same person also said [Circle created Poloniex](https://archive.is/L2fW2#selection-3809.0-3809.49) when that [isn't even close](https://www.circle.com/blog/circle-acquires-poloniex) to the truth, but, sure, you can think it's probably true. Just you, though, just you.
yeah same here. I have been asking friends when we split bills or whatever if they want my share in BCH. declined a few times which is fine, but a few small transactions using the bitcoin.com wallet have lead to many long conversations about crypto in general.
Rocketr Payments. We require KYC for merchants but not buyers. We are also working on implementing automatic FIAT settlements and this should be available by early February.
https://rocketr.net/payments
Wow, Ryan has morphed into the police! I guess, whoever Ryan says is bad will just have to be banned.
Alright well I was just commenting based off the article https://cointelegraph.com/news/bitcoin-double-spend-spotted-in-the-wild
I'm sorry I didn't do my full due diligence on a random reddit comment. But if you want to result to insults because you think that RBF isn't a vector for double spends and is an "obvious falsehood" then it shows just how dumb you are! Try reading up about it before you try to get smart with people.
https://news.bitcoin.com/why-double-spending-on-bch-and-btc-arent-the-same-problem/
Also available:
PODCAST [https://podcast.bitcoincash.site/1495093/7384261-how-to-make-a-better-2021-for-bitcoin-cash-with-jonathan-silverblood-of-general-protocols](https://podcast.bitcoincash.site/1495093/7384261-how-to-make-a-better-2021-for-bitcoin-cash-with-jonathan-silverblood-of-general-protocols)
LBRY [https://lbry.tv/@BitcoinCashSite/How-to-Make-a-Better-2021-for-Bitcoin-Cash-with-Jonathan-Silverblood-of-General-Protocols](https://t.co/kYrNBCGrZ2?amp=1)
Yes. We know.
[https://memegenerator.net/img/instances/31157901/its-not-about-the-money-its-about-sending-a-message.jpg](https://memegenerator.net/img/instances/31157901/its-not-about-the-money-its-about-sending-a-message.jpg)
The [biggest block in all of 2020 was 5.88MB](https://t.co/uLnhHZTA7t?amp=1), the BCH blocksize is shrinking.
https://cointelegraph.com/news/bitcoin-double-spend-spotted-in-the-wild
Full details: [https://lazyfox.io/task/38V/](https://t.co/vyGKRCdTg6?amp=1)
Hi George, I think I have the perfect project for you and flipstarter, [https://xmrTo.cash](https://xmrTo.cash). I am a long time (2013) Bitcoin users and of course switched to BCH when BTC went to shit. There is one service that I have really wanted to see for a long time, a clone of [http://XMR.to](https://t.co/3myRyCFzL2?amp=1) but just for Bitcoin Cash. I kept hoping someone would build it but after years its not happening. So, I am building [http://xmrTo.cash](https://t.co/U7t8DxjKqv?amp=1). It does one thing and one thing ONLY, converts XMR and BCH. As I say, a clone of [http://xmr.to](https://t.co/YM6cyYDFGv?amp=1) but just for Bitcoin Cash!
​
We are a team of two building in the Django framework and aside from the technical stuff I am finding the biggest hurdle is trust. We plan to start very small by limiting transaction to less than $100 and slowly build trust with the community. For obvious reasons we both prefer to stay as anonymous as possible but I am happy to confidentially share my IRL info with you if your are interested.
​
Thanks and take care.
Hi George, I think I have the perfect project for you and flipstarter, [https://xmrTo.cash](https://xmrTo.cash). I am a long time (2013) Bitcoin users and of course switched to BCH when BTC went to shit. There is one service that I have really wanted to see for a long time, a clone of [http://XMR.to](https://t.co/3myRyCFzL2?amp=1) but just for Bitcoin Cash. I kept hoping someone would build it but after years its not happening. So, I am building [http://xmrTo.cash](https://t.co/U7t8DxjKqv?amp=1). It does one thing and one thing ONLY, converts XMR and BCH. As I say, a clone of [http://xmr.to](https://t.co/YM6cyYDFGv?amp=1) but just for Bitcoin Cash!
​
We are a team of two building in the Django framework and aside from the technical stuff I am finding the biggest hurdle is trust. We plan to start very small by limiting transaction to less than $100 and slowly build trust with the community. For obvious reasons we both prefer to stay as anonymous as possible but I am happy to confidentially share my IRL info with you if your are interested.
​
Thanks and take care.
> Moron #2 is Adam back. Nuff said™. It’s redundant, but still needed to be stated.
Lol yeah the dude need no introduction in the moron category but somehow still outdo himself..
Saying sarcastically that you shouldn’t use the ETH chain WHAT THE ACTUAL FUCK coming form one of the guys responsible for making BTC unusable.. fuck you Adam..
Sorry, I had to say it.. this is nuts..
This is what Cointelegraph said Max said.
**“I'm confident that StartJOIN and StartCOIN will \[…\] become one of the top 3 most trafficked rewards-based crowdfunding sites in the world and that StartCOIN will be in the top 10 altcoins by market cap.”**
[https://cointelegraph.com/news/max-keiser-startjoin-co-founder-we-are-monetizing-altruism](https://cointelegraph.com/news/max-keiser-startjoin-co-founder-we-are-monetizing-altruism)
[Never trust a magician.](https://memegenerator.net/instance/67747558/sleezy-magician-never-trust-a-magician)
[It's got electrolytes.](https://media.giphy.com/media/3otPoEiEGXh41xKGdO/giphy.gif)
I've been trying to ask this question for a bit but no one wants to answer me, seemingly, but here goes: Why should anyone use bitcoin cash for anything? I get bitcoin, digital bank, The Man won't be able to steal your money and all that stuff, but why bitcoin cash?? Why would a guy go through all the trouble of converting his money so he could fart around with a digital version of his own money? Why not use his own currency or debit card to buy groceries with?? In Venezuela, for example, the major currency that's being used over there is US Dollars and and the major cryptocurrency is supposedly Dash, from what I've read. Think about it, people, if a person's currency has crashed, like in Venezuela, it's pointless to spend a worthless currency to buy cryptocurrency with, because, since their local currency is dog shit, then the mere 1/10000 of a satoshi they would get out of it, wouldn't even be close to worth it. It would be way easier to just use their own currency or the currency of another neighbouring country. So again, why should anyone use bitcoin cash?? What usage case does it have??
Edit: It's even worse if said person is from a country like Norway, a country that has an actual currency that's worth a damn, why would a person who's living in a country with a very strong currency just chuck that shit right out the window and exclusively, or even partially, start using ANY cryptocurrency??
Since 2015, the core developers refused to scale to meet transaction demand. Instead introducing RBF to try to compensate for congested blocks: while at the same time making 0-conf transactions unreliable.
Now the only way to get a semi-reliable 0-conf transaction on BTC is to use the Lightning Network.
* [The resolution of the Bitcoin experiment](https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7) Jan 14, 2016 (Talks about the introduction of RBF and unreliable transaction confirmation)
* [Steam is no longer supporting Bitcoin](https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613) December 6, 2017 (Talks about unreliable transactions and high fees)
* [Bitcoin Is Bad for Payments, But Lightning Solves This: Samson Mow](https://cointelegraph.com/news/bitcoin-is-bad-for-payments-but-lightning-solves-this-samson-mow) Aug 16, 2019 (Reiterates that BTC is bad for payments, suggests the use of Credit Cards or the Lighting Network as a work-around).
I have you tagged as an EOS shill from long ago. Do you always choose the biggest shitcoins in existence?
Trash like XLM is just a different kind of SWIFT or ACH that totally misses the point of Bitcoin, just like XRP. Having a blockchain in your network does not make it a *cryptocurrency* alone.
Please, its just another centrally managed shitcoin just like XRP, not surprising since both of these have Jeb McCaleb in common
https://t.co/oDA13npo3M
Bitcoin Cash had a live "stress test" on September 1, 2018.
Bitcoin Cash [handled 2 million transactions in a day](https://cointelegraph.com/news/bitcoin-cash-stress-test-results-21-million-transactions-cause-no-surge-in-fees) [obnoxious animation warning] and the fees went down.
Bitcoin ABC nodes dropped off then network because the newer code inherited from Bitcoin Core limited the maximum mempool transaction acceptance rate to one just large enough to handle the new 4MB maximum "block weight".
More recently, "[scalenet](https://old.reddit.com/r/Bitcoincash/comments/jpq1fh/when_and_how_to_spam_scalenet/)" has been tested with 250MB blocks.
My goodness Adam is like the maxi police!
It looks nearly ideal to me. Sure, there are some aspects that can be improved. But I am definitely not talking about Wall Street style pumping and dumping.
No problem with the question.
This subreddit is about bitcoin i.e. implementations of it.
Bitcoin (Cash) is simply what informed people decide they want when they are not controlled by a few, greedy central planners using censors, astroturfers and sockpuppets.
Satoshi would not have turned BTC into a congested "fee market."
I am of the opinion that so long as character attacks are accepted as legitimate arguments they will be used.
A real character audit would require knowing everything about a person, their deeds and motives, not just a few things or an accusation, and it still wouldn't have much to do with Bitcoin Cash.
> payments transactions payment activities
Well, we know which other chains are totally disinterested.
Agree. I never knew how widespread the disinformation is. It took these last 4 years for me to realize it.
His sponsors
- Kraken
- blockfi
- sportsbet
- Casa
- Exodus
The creme de la creme of crypto companies.
Also good to know: Tether Supports Peter McCormack’s Defense Against Craig Wright https://cointelegraph.com/news/tether-supports-peter-mccormacks-defense-against-craig-wright
Not sure if verified but https://cointelegraph.com/news/bitmain-s-hard-fork-to-end-in-600m-settlement-in-favor-of-micree-zhan
A few links for you to make up your mind on that question:
https://cointelegraph.com/news/coinflex-receives-10-million-funding-for-bitcoin-futures-settlements
https://www.bloomberg.com/news/articles/2019-01-06/crypto-exchange-takes-on-behemoths-with-physical-bitcoin-futures
https://www.theblockcrypto.com/post/84637/coinflex-sponsored
https://www.businesswire.com/news/home/20200629005543/en/CoinFLEX-Launches-Centrally-Cleared-and-Traded-Repo-Market
>The vast majority of things you buy are either not delivered immediately
Great payment experiences invariably involve a fast transaction. Merchants are keen to deliver great service to keep customers coming back and the faster the better. Making your customer wait 10 min to get a cold coffee isn't a good idea.
>could bundle multiple onward spends
While bundling multiple inputs/outputs will only incur a single transaction fee, it is a common misconception that the fee would be the same as for a regular transaction. Bundling only shares the header and the bulk of the transaction still remains and as you pay by real estate occupied in the block, this [can be $1000s](https://cointelegraph.com/news/roger-ver-claims-his-bitcoin-transaction-fees-totaled-1-000-at-times).
>a fair price to pay for security
Hate to break it to you but what good is 10 foot thick vault walls if you leave the vault door ajar? Bitcoin has a built in double-spend facility that leaves merchants [exposed to losses](https://bitcoinbch.com/blog/merchants-urged-to-switch-to-bitcoin-cash.html) and if you want BCH to match BTC's security, you can simply wait a few more confirmations without needing to pay BTC's scammy fees. BTC's high fees are not there to pay for more security but to stop Bitcoin from competing with the Banks collecting lucrative payment fees.
Hope this helps.
A stablecoin is either centralized or not stable. At the moment, there is no stablecoin that does both. I have many discussions about this before.
For example, someone argued that DAI is a stablecoin and it's decentralized and stable.
In reality, DAI is not always stable. Source: https://www.coindesk.com/makerdao-defi-dai-broken-peg
If someone tells you the value of a coin is $1 but at times it is not $1, then it has volatility. If a crypto has volatility, then by definition, it is unstable. And I haven't talk about the possible vulnerabilities or exploits that could destroy the stablecoin, driving its value down to zero. Some examples https://cointelegraph.com/news/yield-generating-stablecoin-project-origin-dollar-exploited-for-7m and https://www.coindesk.com/miners-trick-stablecoin-protocol-pegnet-turning-11-into-almost-7m-hoard
If it is always $1, then someone must have set the rules that it is always pegged to $1, in which case, it must be centralized. That defeats the purpose of being in cryptocurrencies in the first place.
The whole reason for the existence of cryptocurrencies is decentralization, being able to send/receive money to anyone without any third party able to stop you.
It looks like there is no much demand for making payments using some token with high price volatility. Most people are satisfied with conventional payments methods and not looking for any replacement. Some prefer using stablecoins for payments, I never used BCH to pay for anything since Bitpay added stablecoins support. 2020 was a [great year for all stabecoins](https://cointelegraph.com/news/stablecoins-post-triple-digit-growth-in-2020-but-institutional-rivals-loom). This grabbed significant part of potential BCH marketcap.
Another factor may be that Chinese authorities have [reportedly](https://cointelegraph.com/news/authorities-shut-off-electricity-to-bitcoin-miners-in-china-s-yunnan-province) being denying electricity to miners in Yunnan province. The hash rate has been [unusually flat](https://bitinfocharts.com/comparison/bitcoin-hashrate.html#3m) for quite a while.
Cencorship and crypto never go hand in hand
well.. looks like it's archived in two places now
https://archive.is/fQuaf
fuck you Roger Ver shitcoin... i don't even know why I receive this updates!
"if you dont like the sub dont use it".
shut the fuck up you retarded faggot. "if you dont like the roads dont drive", "if you dont like the internet make your own".
that's what every fucking dictator says, how the fuck do you dare call yourself a supporter of censorship resistant currency when you yourself are a censorious dictator?
Make sure to archive when you get goodies like that, just in case they decide to delete the comment.
https://archive.is/fQuaf
>BTC doesn't store value.
[Bitcoin Named the Best Asset of the Decade by Bank of America Merrill Lynch](https://u.today/bitcoin-named-the-best-asset-of-the-decade-by-bank-of-america-merrill-lynch)
[Bitcoin Is Outperforming Every Mainstream Asset Class in 2020](https://cointelegraph.com/news/bitcoin-is-outperforming-every-mainstream-asset-class-in-2020)
Yes, it is very volatile and risky. But it is much less volatile and much less risky than any other crypto (besides stablecoins of course), including BCH. This is why it is more popular.
No, [we have 11](https://coin.dance/nodes) which includes the most robust and widely used one.
>COnsider a more robust implementation. Maybe a spec first?..
Maybe switch your brain on? I don't know who is telling you this nonsense.
**EDIT: I'm unable to respond directly to replies any further since my comments are now being automatically censored by the sub that doesn't censor people like r/bitcoin does.**
EDIT: u/yourliestophere yes, I looked at it. Did you? There are 11 implementations. You can count to 11 right? Also, *you're
EDIT: u/SwiftCoderJoe entirely irrelevant. There are 11 to choose from, the free market naturally congregated to the best implementation. To have all market participants spread out evenly over all 11 implementations would require some central authority to enforce it.
EDIT: u/yourliestophere there are 11, not 1, retard. Learn to fucking count.
Your point would stand if it was still 2008 or whatever year his whitepaper was written, and if Bitcoin hadn't surpassed it's designed purpose somewhat. Otherwise, you're cherry picking to win an argument. If it's that important to you, sure. Nobody is making the argument to replace every POS system in the world with Bitcoin, but if you want to pretend we are , go ahead.
I'm so sick of seeing this.
Thats why ethereum will be btcs 2nd layer
LN is a way to allow smaller transactions, and is opt-in. It's not an "alternative" to on-chain scaling, but a supplement. The argument for or against a block size increase is sort of different from the argument for/against LN - except that there's no world in which a blockchain allowing instant, trustless, onchain transactions for the whole world is possible. LN or something similar is inevitable, so I believe in developing it \*now\* instead of waiting and seeing whether something else breaks first.
You can never do trustless, instant microtransacitons on-chain on bitcoin, not with regular transactions. 0-conf are not trustless to receive, not at all.
I believe the "selling point" of bitcoin is being the most secure, most trustless, decentralized global ledger in the world, and I \*know\* who is leading that game. Hint: It's not BCH.
All these coins that supposedly outcompetes BTC fails at that. Heck, even if you believe in bigger block eventually, it's much better to stay within the bitcoin ecosystem than creating a less-than-trustless coin with security band-aids.
I was for a slight block size increase slightly in 2017, but that was before I educated myself. The Segwit2X would have been \*way\* to little to really matter, fee-wise, and increasing blocksize is a decicion we'll have to live with \*forever\*: Already today, there are way too many people that just doesn't bother running a full nodes for their transactional needs, and the full node usage \*matters\*. A blockchain with only central actors running full nodes is little better than paypal. There's of course various degrees between "everyone runs a node" and "only miners runs nodes". I doubt you beleive only miners should run nodes, as much as I don't believe in a world where every user of bitcoin runs a full node.
But the game theory of bitcoin is changed when we make it too burdensome to run a full node.
So: No arguments about "LN not able to do what bitcoin on-chain can do" are real arguments against LN. It's of course improving over time - even though most people here try their best to make sure noone believes that. LN competes with BCH, that is correct, because a successful LN will make BCH obsolete.
But BCH does not really compete with BTC. BCH is not especially secure or trustless (a miniscule percentage of the hash rate, chain can be relatively easily rolled back, up to the rolling checkpoints, at what stage you'll rely on "the good guys" declaring what is the correct chain).
I believe it's fine to believe in BCH as a more advanced paypal. There's no argument against that. But, it's properties as secure, decentralized money for the world gets worse year over year.
Can you elaborate ? I have been listening to most of his work from 2014 to 2020 and I can't feel a difference of principle in his speech.
This will make an interesting test case for GDPR.
Companies are required to notify users "When the personal data breach is likely to result in a high risk to the rights and freedoms of natural persons". These mails were entirely predictable (and predicted by many).
If ledger didn't notify you, and you received such a mail, in addition to a police report, contact the French privacy authority https://www.cnil.fr/en/home
You can find Ledger's legal name and address in their privacy policy: https://shop.ledger.com/pages/privacy-policy
I really hope the CNIL makes an example out of them. Luckily, they seem to be one of the more active DPAs in Europe.
wow very well produced video
Zender is generally a toxic piece of shit. He called someone a "bastard" and a "fucker" on this sub, and then blamed r/btc for censorship when he got banned for verbal abuse. He's a low IQ maxi who doesn't understand Bitcoin, and honestly it's not worth talking to him. Half of these people will only wake up once the market makers sweep the rug under their bags. When that will happen, who knows? Is it guaranteed? Probably
And today I read the following:
[https://cointelegraph.com/news/twitter-loses-its-mind-over-rapper-s-1m-bitcoin-giveaway-worth-11-each](https://cointelegraph.com/news/twitter-loses-its-mind-over-rapper-s-1m-bitcoin-giveaway-worth-11-each)
An example of BTC stucked because of fees... If the rapper sent BCH instead...
There's only room for one or two cryptocurrencies in the end, and the most valuable ones will be the winners. BTC mooned while BCH sat. It's over for BCH if even the most optimistic people expect it to be worth less than BTC (both have the same max supply).
[Ah, yes. I see what's happening here.](https://memegenerator.net/img/instances/74413891/science.jpg)
[Ah, yes. I see what's happening here.](https://memegenerator.net/img/instances/74413891/science.jpg)
CashFusion has [passed a security analysis](https://news.bitcoin.com/privacy-enhancing-protocol-cashfusion-completes-security-analysis/), and I've yet to see a confirmed case of a CashFusion transaction being tracked by the likes of Chainanlysis.
Likewise, claims that [Monero can be tracked](https://cointelegraph.com/news/ciphertrace-develops-monero-tracing-tool-to-aid-us-dhs-investigations) exist, though, I also am not aware of confirmed examples.
For me, though, the risks and cons of being an "always on" privacy coin outweigh the benefits.
And I still have concerns about the involvement of compromised, demonstrably hypocritical individuals like FluffyPony and nullc in Monero's development.
Edit: I also still prefer the fact that BCH has better scaling fundamentals than XMR.
This; https://cointelegraph.com/news/wordpress-adds-official-ethereum-ad-plugin !
The US government put up a $625k bounty to crack Monero.
https://cointelegraph.com/news/the-irs-offers-a-625-000-bounty-to-anyone-who-can-break-monero-and-lightning
18 months.
Im a subscriber also and worried. She was very dedicated to her chanel. Its very unusual she hasnt been uploading.
I see she last made a comment on feb 20 in the bitcoincashnode group on telegram. It also say she was last seen recently on telegram but dont know how telegram measure whats "recently seen"
Great technology but privacy disaster: [Negative impact of taproot on Bitcoin](https://t.co/5LK1QZSUzO)