Has anyone had any success finding a scheme that lets you buy groceries from Pingo Doce, Intermarche, Lidl or other grocery stores in portugal?
I'm thinking gift cards/vouchers/pre-paid loyalty cards or whatnot that can be topped up with Bitcoin Cash.
BCH Tx is now 2-3x before the split. https://fork.lol/tx/txs
Looking for help to evaluate if these Tx are Organic/Inorganic. Real/Fake
Yes all Tx on chain are real Tx, The question is, are these Tx a very complicated broadcast by a few to make it look real Tx at varying amounts using many many different inputs & outputs. Or is this real Organic growth?
Just based upon Tx, if this is Real and holds (or increases) for a week or two, (Based soley on Real Tx) I would expect BCH/BTC ratio should go 0.15-0.20.
Thoughts/Shots?
Here's the video in question: https://youtu.be/79CpsJtIheY
I left the following response as a comment, and am archiving it here for historical purposes in the event they delete the comment, enjoy.
Jihan was mining on proprietary hardware not available to the public. He made a business decision to fork Bitcoin to keep his machines viable. He thought community would just magically follow along to his side of the chain. Bitcoin Cash is a social engineering attack on Bitcoin. Satoshi's vision was Bitcoin Cash, in the sense that Bitcoin is open source software, and anyone at anytime can fork it for whatever reason. Is it a good idea to do so? No, you silo yourselves from consensus (remember community voted with nodes, hashpower, and an economic majority). Bitcoin will survive Bitcoin Cash. If Bitcoin as a community made the decision to change proof-of-work algorithms, or block sizes, or any other property of Bitcoin, we'd have to come into consensus, and softfork an upgrade. Everyone updates their nodes, and enough time passes for participants to prepare for said change. What Jihan did was very hasty, and not well thought out, and very much against the will of community. Jihan, deserves his punishment, an inferior version of Bitcoin. THAT can only ever be the legacy of Bitcoin Cash. Bitcoin was designed very intentionally to be difficult to upgrade. Community stayed within consensus rules. Bitcoin Cash forked off, and did their own thing. Any kind of fallout afterwards is the free-market at play. By the way, by the same stream of logic, Bitcoin Cash Satoshi's Vision, is ironically Satoshi's Vision. The rules are in code, and consensus, if you deviate that's on you, and anyone that wants to join you. There can only ever be ONE true Bitcoin. Lightning is innovative, it brings real-time payments to Bitcoin, AND is OPTIONAL. Main chain still works. There will be more innovations. If the Bitcoin Cash'ers truly believe on their side of the chain, innovate. Show the world what BIG blocks can do. Hopefully you'll need them someday.
I like looking at the numbers. Every now and then I check usdebtclock.org
These numbers are staggering. This year the US will have to pay more than 350 billion ON INTEREST ALONE.. Please let it sink in that the market cap of BTC is just 70 billion.
If this amount of money, that has to be paid every year and will only increase, would flow into BTC this year the price would, at least, 5 fold, from 4000 to 20000.
This is just the yearly interest payments of the US alone.
Fiat is slowly, wel not so slow in fact, imploding. There are just a few real escapes available. Realize BTC is one of the most compelling.
Tick tock....
Would love to see others help recommend to Joe Rogan and his producer Jamie to bring Rick on the show.
Check out Young Jamie (@JamieVernon): https://twitter.com/JamieVernon?s=09
Check out Joe Rogan (@joerogan): https://twitter.com/joerogan?s=09
Who is Rick Falkvinge?
Check out Rick Falkvinge (@Falkvinge): https://twitter.com/Falkvinge?s=09
https://youtu.be/AzaEd2RQuRw -- latest video on lightning
https://youtu.be/stq9htHoFz4 - explaining forks
https://en.m.wikipedia.org/wiki/Rick_Falkvinge
I think his insights into politics, Europe, Bitcoin versus Bitcoin Cash, censorship, freedom, and technology would make him a great person to have on.
Since my bitnovo card hit it's upper limit and I am unable to raise the limit I am in need of help finding a way to buy food, gas and pay rent in portugal. The easiest for me would be if I could manage to convert from BCH to EUR locally a little at a time.
Is there any portoguese people here that could help me locate an ATM where I can put in Bitcoin Cash and get out Eur? I am currently between lisbon and coimbra.
I just wanted to share something what i did today and somehow i am proud on that. Today, my sisters son is 1 year old and last few months everyone thinking what to buy him for a birthday. Well, on the end after all said what they gona buy, i decide to buy him some btc (0.03 to be precise). Of course, everyone think that i am crazy and oldest in a family can't understand what i am talking about.
But when i look that little man i said to my self "now he is owner of btc". Him and me in my family. And feeling is great and for some reason i am proud on that. I truly believe in btc and crypto in general and comments like "whay don't you buy him something normal" are funny to me and make me to lough. It's funny to watch reactions of people who don't have any idea what btc is. One day that 0.03 btc maybe will worth nothing, but maybe it will worth couple thousands. Who knows? But, i would love to see their faces if/when btc goes up. Can't wait FOMO to start in my family, it will be so fun.
I've got a couple days to kill and wanted to see the current state of the lightning network on mobile. I've got an android phone and would like to set up a lightning wallet in a completely non-custodial manner that is as trustless as reasonable (I will not insist on compiling software from source code). I also have an iPad if that would be easier, but I would prefer android as that is my mobile device. I would like to send and receive from mobile.
I already run a btc node on my windows computer and have an eclair node set up on there as well. I also have a iMac and a spare box I can throw linux on quickly if that would be easier.
I assume that the best way to have a functional, noncustodial mobile lightning wallet is to install a wallet on my phone that can connect to my PC, but I could be wrong and am open to other methods. I am not interested in custodial wallets or wallets that use someone else's btc node.
I do not have a static IP, but if it is required, I can rent one from my VPN provider.
I have tried to search for a tutorial myself, but I have not found any that provide instructions for what I am trying to achieve.
If you know of a good tutorial, please let me know. Moreover, if I have made a bad assumption, please point them out.
Thanks
edit: Added qualification that I would like to send and receive from mobile. Also added that I have an iMac and linux available as an alternative to Windows.
I've been on the bullish side of LN for over a year now, but find myself unable to address certain criticisms
Rick Falkvinge's new video in particular, pulled me closer to the fence.
https://www.youtube.com/watch?v=AzaEd2RQuRw
Can we have an honest discussion about his points? (not his character) Which are valid/invalid?
Must be Online
Possibly solved by a trustless contract? (lets call it 'Loop-To') Where a failed route to an offline merchant auto redirects funds to their:
A) LN node when it comes online
B) On-chain wallet
B) is certainly possible (Loop-Out) but not ideal. People who are least likely to be online, are least able to afford moving funds from L1 to L2 often
Routing = Unsolved
With channel liquidity constantly in flux, how will routing scale to hundreds of millions/billions of users, while preserving privacy, speed and decentralization
Nodes: Legal Liability
Rick claims people are now admitting this, but couldn't name anyone (let alone anyone of importance)
The worst I've heard, is Andreas saying it may carry some risk in already oppressive countries. (China, North Korea, Venezuela, etc)
Reactive Security
Eltoo solves/greatly improves this IIRC?
Cold Storage
The answer to this is always:"Hot wallets for spending money, and Cold wallets for savings"
For individuals, "spending money" may mean hundreds of dollars (depending on cost/time to move new money to LN) That's a big enough target on its own, but what about merchants dealing with many thousands of dollars?
Loop-Out is a good enough solution to this, but there is still risk in the interim. (Unless they constantly Loop-Out, which won't be cheap)
Are there any other proposals to improve LN security?
Not Production Ready
Yeah, you can't rush innovation, and BTC/LN are certainly doing more of that than BCH/BSV
but is nobody else worried about the increasing expected time to completion?
(Most recently Andreas said 2 years)
Bonus Round - Concerns not mentioned in RV's video
Receiving Capacity
You have to find $1000 somewhere to receive $1000 through LN... It feels wrong.
(Or constantly Splice/Loop-Out, which won't be cheap)
If we get trustless LN Liquidity Providers to create a channel for you with $X receiving capacity, then great, but if not, many will wonder why this is better than VISA
Please don't take this as FUD, Bitcoin is resilient because it faced, shrugged off and adapted to a decade of attacks
Now is Lightning's time to prove its resilience!
This week a few posts highlighted how BTC core dev group was planning to change BTCs total supply sometime in the future. From what we know, by design there's a three-way balance of power between miners, users and devs.
How do users exercise their power to keep either miners or devs in check? Also, do they gain or lose that power as millions, billions adopt bitcoin?
I recently became aware of bitcoincorewallet dot com. It pretends to be distributing the Bitcoin Core wallet but all its Windows download links point to the same malware file.
(All its non-Windows links point to the real downloads on bitcoincore.org, the real site).
Please use https://safebrowsing.google.com/safebrowsing/report_badware/ to report the site so Google can warn people not to visit it.
They were on web
also they deleted the wallet app from Google play.
https://play.google.com/store/apps/details?id=io.lnwallet.app
I wrote the letter to https://lightningnetworkstores.com/wallets
 |
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Cryptocurrency received an endorsement from Chicago Mayor Rahm Emanuel when he stated that wide-scale crypto adoption is “inevitable” at a FinTech meeting in his city earlier this week.
The chief of staff for former US President Barack Obama said that while he is no expert in crypto technology, he believes digital assets could help financially unstable countries with their economic recovery.
The politician thinks that “an alternative way of currency dealing with the debt markets is going to happen” at some point in the future.
“One day, somebody’s going to figure out—whether ...
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In his newest article, Craig says:
Bitcoin is not a cryptocurrency ... At no point have I said that Bitcoin is a cryptocurrency, a currency in any form, or anything monetary-wise other than digital electronic cash.
Compare that to when Satoshi announced Bitcoin 0.3:
Announcing version 0.3 of Bitcoin, the P2P cryptocurrency! Bitcoin is a digital currency using cryptography...
Also of note, Craig himself called it a 'cryptocurrency' in one of his faked blog posts supposedly from August of 2008.
I have a cryptocurrency paper out soon.
Of course, that doesn't match Satoshi's recorded thoughts on the word:
In one e-mail, Satoshi pointed to a recent exchange on the Bitcoin e-mail list in which a user referred to Bitcoin as a “cryptocurrency,” referring to the cryptographic functions that made it run.
“Maybe it’s a word we should use when describing Bitcoin. Do you like it?” Satoshi asked. “It sounds good,” Martti replied. “A peer to peer cryptocurrency could be the slogan.”
From: Nathaniel Popper. “Digital Gold.” (That email exchange would have been around mid-2009, almost a year after Craig's totally real blog post.)
I feel like he's not even trying anymore.
Lest anyone get the wrong idea, this post isn't meant as a serious proof that Craig's not Satoshi. That's already been well established. This is simply to point and laugh.
BTC transaction fees rise during bull markets. They went as high as $50 per transaction during the last cycle and are expected to go much, much higher next cycle. If you have just a few hundred USD worth of Bitcoin (Core) coins you could potentially find yourself without the ability to use them, or in a situation where most of your coins will be lost due to fees. These lost coins are called "dust".
BTC is also losing market dominance. It's down to 50.8% today and has been slowly decreasing over the past few months. Other cryptocurrency prices are growing faster than BTC's price. BTC has less utility than other cryptocurrencies like Bitcoin Cash which are improving over time through hard forks.
If you're an investor or someone looking to "store value" (Core claims BTC's primary purpose is to store value), which would you prefer: a coin that will increase more and have an extremely low 1 cent transaction fee, or a coin with less growth that is almost guaranteed to have a ridiculously high transaction fee when you try and remove your funds at the top of a bull market.
There is no reason to covet BTC. It's just a ticker symbol. BTC no longer stands for financial freedom like it used to before it was taken over by big-bank money. BTC has centralized development where just a few gatekeepers control the code. Centralized power -> centralized protocol.
//Anyone interested in reading this letter can find it in PACER using this case reference number (Case 1:15-cr-00866-WHP) (Document 22-1). You need to create a PACER account (free) to access PACER.//
As many already know, Ross Ulbricht’s (Silk Road) right hand man Roger Thomas Clark was arrested in Thailand in 2015 and recently extradited to the USA to stand trial on numerous charges.
At the pretrial conference in January the defense asked Judge William Pauley, who’s overseeing the trial, if the trial date could be moved beyond the initially set trial date of September 23, owing to the need to review that volumes of data “discovery” that the government produced.
Judge Pauley seemed amenable to this request, however he stated that he intended to try this case before the end of the year. He went on to say that “…Mr. Clark has been in custody either here or in Thailand for more than three years, and I’m determined to see that this doesn’t go on ad nauseam.”
In a letter to Judge Pauley dated 3/19/19, Roger Clark reiterates the plea for more time, and argues that his three years in Thailand detention should not count in determining whether delay violates his due process, and states “Any clock concerning my detention by any arm of the American justice system, or any calculation of when is a fair date to set the trial, must be started no earlier than my arrival on American soil.”
He says that of the 8.5+ terabytes of data discovery (equal to 500 million pages, or over 100 library floors worth of books) he’s only been able to study approximately 3% of the discovery material since first receiving it (on two hard drives) in November 2018. He talks about the difficulties involved in getting the data from the government as well as the reticence of the Metropolitan Detention Center to set up facilities to allow him to actually view the data. He was also adversely affected by the 35-day government shutdown, which left him unable to access the discovery material, which is housed in a special room at the MDC and requires an escort for Mr. Clark to access.
Since the discovery material is essentially the same material used during the Silk Road trial, he’s been reviewing the material and trial transcripts and says that he’s already discovered eight major factual errors that have gone unnoticed at Ross’ trial and subsequent appeals. Mr. Clark says “All eight errors were serious, and cumulatively likely would have dramatically changed the course of the Ulbricht trial.”
He goes on to detail one of the simpler errors which involved a Silk Road vendor named Michael Duch being questioned by the prosecution about how much heroin he sold on the site. He said he sold 31,827 bags containing on average 10 milligrams of heroin. The prosecution then calculated that as 3.18 kilograms of heroin and for the remainder of the trial that number was used as proof that the kilogram thresholds for Count Four of Ross’ indictment was met. However mathematically the amount of heroin he sold would’ve totaled 318 grams, not kilograms.
To quote Mr. Clark “So the jury was left with the highly mistaken impression that Mr. Duch sold 10 times more heroin than he actually did, and that such an amount was over 3 times the threshold limit they were instructed they had to find, when in fact it was less than 1/3rd of the threshold limited they were required to determine…The sentencing guidelines are significantly different for 3.18 kilograms and 318 grams, to put it mildly.”
Mr. Clark concludes the letter by asking Judge Pauley to set a date of March, 2020 for submission of motions and September, 2020 for the trial date.
I was with Bitcoin from 2013/14 then all in on BCH Bitcoin since the fork.
Two days ago I sold my 500 bch stash for about same number of Eth but more importantly I've started learning Solidity and building my first contact on Ethereum.
Anyone else making the move? I love Bitcoin but I never thought it would be #1 forever.
Today we're very excited to announce the next leap forward for the Bitcoin Cash token ecosystem—SLPDB. https://slpdb.bitcoin.com
SLPDB stores all token data for the Simple Ledger Protocol and makes it available over a powerful MongoDB API. Features include valid/invalid txs, supply and usage stats, token graph state, 6 collections (confirmed, unconfirmed, tokens, utxos, addresses, graphs) and real-time notifications over ZMQ.
Full testnet support: https://tslpdb.bitcoin.com
SLPDB is a fork of the amazing BitDB which has been ported to typescript. The code is 100% Open Source under the MIT License. More info: https://github.com/simpleledger/SLPDB
Example calls
List all token details and usage info: https://slpdb.bitcoin.com/explorer2/ewogICJ2IjogMywKICAicSI6IHsKICAgICJkYiI6IFsidCJdLAogICAgImZpbmQiOgogICAgewogICAgICAiJHF1ZXJ5IjoKICAgICAgeyB9CiAgICB9LAogICAgInByb2plY3QiOiB7InRva2VuRGV0YWlscyI6IDEsICJ0b2tlblN0YXRzIjogMSwgIl9pZCI6IDAgfSwKICAgICJsaW1pdCI6IDEwMDAKICB9Cn0=
Example REST calls
SLPDB is now powering all SLP endpoints on REST.
List all tokens: https://rest.bitcoin.com/v2/slp/list
List all address balances by tokenId: https://rest.bitcoin.com/v2/slp/balancesForToken/df808a41672a0a0ae6475b44f272a107bc9961b90f29dc918d71301f24fe92fb
Of course BSV and BCH were exactly the same coin a few months ago - so I don't understand why they would stop attacking BSV....
They had an option to pay through Bitpay. They removed it in the last couple of weeks for all countries as a payment method.
I really dont know how to properly get this out. I feel stupid and slightly emotional.
I bought Bcash when I saw the price hit 4k on coinbase. I had massive fomo. I left the bitcoin subreddit and joined the btc reddit. I stayed subbed to both.
On the other side I instantly got red flags with just how welcoming and guenine the people there were and how smart everyone seemed. Everyone was telling me and explaining to me the difference between the 2 and how staoshis vision bcash was going to easily overtake btc.
When the price hit I got scared and was like, shit, this really happening. Everyone was saying get on the boat before it's too late.
They all said the technology is better! I now understand why 0conf tx is bad... wtf...
I lost ALL my money in Bcash because I honestly feel like I got manipulated bu their sub with the open arms and the seemingly smart people.
I mean every single thing I said about bitcoin, "what about ln, isnt that great?" They all shut it down saying stuff like "who wants to spin up a LN node connect it to a merchant, leave funds into your LN, then not be able to take the funds out until you properly close down the channel. And on top of all that, it's not btc, its LN tokens"
This is when I started to realize that they're dumbasses there. Because this made no sense to my current understanding of LN. There are no LN tokens... I thought, but I'm new, not smart, and well... I have weak hands... so I listened to them anyways....
Why!!! Why!!!! I seriously lost it all....
Now the community is having that hard form to SV is an absolute joke. Andrea's antanopolous was right in the YouTube video about what happens when a contentious fork arises... I guess I was the 1 everyone learned from.
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