![Vin Armani (creator of CoinText): Non-Custodial Financial Services are going to rise as the dominant business model in Bitcoin out of sheer necessity. [to avoid KYC/AML etc]](https://a.thumbs.redditmedia.com/PZV1k6DBhd9aHczFUB5927bd_Io6VSl6KWn-sBbLRX4.jpg "Vin Armani (creator of CoinText): Non-Custodial Financial Services are going to rise as the dominant business model in Bitcoin out of sheer necessity. [to avoid KYC/AML etc]") |
submitted by /u/unstoppable-cash [link] [comments] |
source https://www.reddit.com/r/btc/comments/bfe7if/vin_armani_creator_of_cointext_noncustodial/
Saturday, 20 April 2019
Vin Armani (creator of CoinText): Non-Custodial Financial Services are going to rise as the dominant business model in Bitcoin out of sheer necessity. [to avoid KYC/AML etc]
source https://www.reddit.com/r/btc/comments/bfe7if/vin_armani_creator_of_cointext_noncustodial/
We're building an adult live cam website powered by Bitcoin Cash!
at the suggestion of /u/MemoryDealers (in this reply) we're repurposing cointube.cash into an adult cam website where you can earn Bitcoin Cash for streaming your private parts and tip to your favorite camwhores.
What are the features?
- Private shows and goals
- Tipping and earning Bitcoin Cash
- Chatting
- That's it, it's a cam website
When will it be ready?
We're estimating the deadline to be 28 May, right on the Bitcoin Cash fork. We've done some trials using the streaming server and a Bitcoin ABC node and all there's left is the web design and functionality cruft. Message us if you're interested in developing.
Technical details
Cointube is a Node.JS web app tied to a Red5 streaming server that relays live cam data from your panel to all the voyeurs on your page, as well as a Websocket server that provides channels and private messaging functionality between you and the camwhore. The CTH Simpledger token will be used to tip and withdraw your earnings. We're also planning a WebRTC direct streaming functionality in the future (to remove the server requirement between you and the entertainer)
Fundraiser / Investing
We're giving away `CTH` SLP tokens in exchange of Bitcoin Cash which will go towards development and marketing of this. You can send BCH to the address bitcoincash:qqp24cxuaakc9xulg99h4u0e9cvrxpl0cuhltpfq2d and receive CTH SLP tokens as a thank you for helping us realize this project which you can trade when it gets listed on an exchange.
1 CTH token = 0.000001 BCH
[link] [comments]
source https://www.reddit.com/r/btc/comments/bfebx4/were_building_an_adult_live_cam_website_powered/
Peter McCormack is a liar, probably works for Blockstream, and is a POS (and I don't mean proof of stake)
This asshole suddenly jumped onto the center state of Bitcoin repeating the bullshit blockstream narratives "contentious hard fork bad" and "onchain scaling isn't possible", and laughs at anyone who says otherwise.
He says he can't tell if technical arguments are valid because he isn't technical, but has NO problem laughing down the idea of scaling on-chain (liar and hypocrite). Know what, McCormack? Eat a dick. Then go read books and talk to people until you understand on-chain scaling isn't only possible, it's the best plan, learn how Bitcoin was attacked, and you can shut the fuck up until you do.
Has he simply ignored the associations between core developers and banks, or the fact that none of these fuckers he seems to worship Peter Todd, Adam Back, and Greg Maxwell were involved in the beginning? Did he... not check into these things?
This Peter McCormack guy is a big piece of shit, a sellout, and I can almost guarantee you has been bought and paid for by Blockstream. He's a narccist piece of shit that works for whoever pays him or gives him payola.
Do you know who else parroted core narratives and claimed to be technically incompetent? Tone (made up blockstream spokesperson) Vays.
Why are we posting anything about this Peter McCormack piece of shit?
[link] [comments]
source https://www.reddit.com/r/btc/comments/bfeegw/peter_mccormack_is_a_liar_probably_works_for/
Tron Price Resumes Bearish Trend as TRX/BTC Drops Below 500 Satoshi This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]
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Vote to Increase MakerDAO’s (DAI) Stability Fee by 3% Has Commenced This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. In what appears to [...]
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Telegram
Hi, is there a Bitcoin Cash telegram I can join?
[link] [comments]
source https://www.reddit.com/r/btc/comments/bfdove/telegram/
Tumbling using two hardware wallets
Would it make a transaction more anonymous if you were to transfer BTC between two hardware wallets before depositing anywhere?
[link] [comments]
source https://www.reddit.com/r/btc/comments/bfd9uo/tumbling_using_two_hardware_wallets/
Any Risks regarding May upgrade?
I wonder if the roadmap of hardfork upgrade every 6 months has some investors cautious of going all in on Bitcoin Cash?
Two questions I would like to get everyones thoughts:
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Any risks with the May upgrade?
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Why are hardfork upgrades something not to be concerned about for investors?
(I have my reasons, just looking for additional advice to add to my position)
Thanks!
[link] [comments]
source https://www.reddit.com/r/btc/comments/bfd5ey/any_risks_regarding_may_upgrade/
MakerDAO Token Holders Vote About Whether to Raise DAI Stability Fee by 3% This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
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Maker DAI Has an “Insane Incentive Misalignment” Says ETH Researcher This article was originally posted on Trustnodes - a trusted site covering numerous topics related to cryptocurrency and a great selection of news and editorial [...]
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Thailand Is Opening Up to Crypto, One Step Closer to ICO and STO This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
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These Next-Generation Mining Rigs Pack a Ton of Hashpower This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow [...]
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"To link your bank account, we require your bank account login name and password." NEVER AGAIN
To be able to accept credit card payment for my freelancing work, I signed up for an invoicing/payments platform.
To get the funds from those customer payments into my personal bank account, this service asked me to provide my bank account's username and password "to verify".
After doing so (after first changing my bank account password to something temporary, of course), I watched the screen show:
"Verifying ..." "Verifying ... ..." "Verifying ... ... ..."
There was 30 seconds of this, 45 seconds, .. 60 seconds, and I'm now really regretting my temporary moment of weakness. What was I thinking? Those bastards are sucking the data on every bank transaction I've had over the past several years.
Who are these people? I don't know them. What are they going to do with all my bank history data? I check ... their privacy policy indeed says they pull in my bank transaction history.
Every. single. transaction.
To make things worse, the service they use to suck my bank data, Plaid, says:
We may collect, use, and share information we collect in an aggregated or de-identified manner (that does not identify you personally) for any purpose permitted under applicable law.
Oh, great ... so now I just voluntary gave my "de-identified" financial transaction data to anyone and everyone willing to pay for it, including those who certainly can "re-identify" it with minimal effort.
I feel so violated.
[Update: this is obscene].
[link] [comments]
Binance Coin Becomes First Crypto to Surpass January ’18 All-Time High This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. Binance Coin has had [...]
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Weather Channel Knocked Off Air by Bitcoin Ransomware This article was originally posted on Trustnodes - a trusted site covering numerous topics related to cryptocurrency and a great selection of news and editorial [...]
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Report: Chinese Publicly Listed Construction Company Turned Mining Firm Lost Over $23 Million This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
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What are the long term plans for scaling BCH?
I think it's time to start planning for how BCH intends to tackle scaling in the long term. It's clear to everyone now due to the BSV misadventure that blocks can't be increased past a certain point without causing issues so alternate approaches have to be discussed and agreed upon. I have been looking into some of the proposed long term scaling solutions such as Bitcoin-NG, sharding, (and the recently released CTOR, xthinner) etc and wanted to ask if any of the dev teams have a roadmap that lays out which approaches are being considered and when we can expect to see them being realized. IMO the next bullrun will bring in a huge number of people and put us back on track on the original exponential growth curve that bitcoin was following before the blocks became full and just having big blocks might not be enough for that.
[link] [comments]
source https://www.reddit.com/r/btc/comments/bfblrs/what_are_the_long_term_plans_for_scaling_bch/
Will a Keyless Crypto Wallet Solution Solve the Lack of Mass Adoption? This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]
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Binance Coin Price Shatters Previous All-time High as Bulls Remain in Control This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]
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5th Biggest Korean Bitcoin Exchange Closes Shop This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. Coinnest, one of the [...]
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Bitcoin is the marshmallow study for adults
The marshmallow study is the longest running human study ever made. Toddlers were given marshmallows and told if they dont eat it in 10 minutes while they're by themselves with the marshmallow, they will be given 2 marshmallows. 90% of toddlers ate the marshmallow and failed. Later in life the 10% who didn't eat the marshmallow had better lives, longer marriages, and financial stability. While the other 90% had the opposite outcomes. Bitcoin is doing the same I see now. Those of us who can resist short term happiness from the money we put in now can let it grow for long term gains.
The study found the biggest difference in the kids was the 90% that ate the marshmallow looked at it constantly, causing them to eat it. The 10% who didn't eat it, distracted themselves by looking away from it. So psychologically the answer to their results was to forget about/ignore their short term happiness to be able to make it to the long term gain. So if you want the best odds at doing the same with btc, ignore it when it's down from your buying point, & ignore it when it's up to in general. Psychologically if you look at it while it's up or down, you'll be tempted to withdraw.
Don't take the short term happiness in sacrifice for your long term gains/financial freedom.
[link] [comments]
BCH Merchant App Allows Businesses to Accept Crypto Payments in Store This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. Cryptocurrency gives companies another [...]
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Here’s Why Ripple (XRP) Is Perfect for the Unbanked This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]
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Fundstrat: Bitcoin (BTC) To Stage “Pretty Big Recovery” Starting In 2019 This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]
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TRON Has A New SR Who Has Not Created Any Blocks This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]
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When using BCH in a payment. Do you buy back that same BCH later on an exchange?
I was curious to hear how BCH is being used right now by the community. Especially what you would do after a transfer to maintain your BCH balance.Let's say you wanted to send a 100 USD worth of BCH to a friend right now.
- buy 100 USD worth of BCH on exchange -> transfer it
- Use the 100 USD in BCH that you have on your wallet-> transfer it -> buy back the BCH that you used
- Use a system where you have 5% of your money in BCH (current account) and the rest in (gold/fiat/btc, acting as a savings account). After every month rebalance the accounts
- Keep funds in BCH and use it as both savings and current account, top it up every now with other crypto/fiat.
- something else?
[link] [comments]
source https://www.reddit.com/r/btc/comments/bfa9ci/when_using_bch_in_a_payment_do_you_buy_back_that/
Beware of this scam if you're selling your bitcoin for cash
I'm writing this post while being overwhelmed by what happened to me but I have to warn everybody selling bitcoin for cash against this scam as it could cost you a lot (it cost me 1 bitcoin).
I got contacted by someone wanting to buy bitcoin with cash on localbitcoins, we then sent messages on Telegram to make an appointment.
One thing you need to know first is that Telegram recently made a change to allow deleting messages on other people's devices, this is relevant to how the scam works.
Cutting to the chase: I went to see the guy in a café, he was there with another guy, he handed me the cash and I counted it, then he sent me his bitcoin address on Telegram, I copied the address in my wallet and sent him the 1 btc as promised.
I check the transaction on blockchain, it had 1 confirmation at the time but he showed me his phone and there was nothing in his wallet, I check Telegram to check the address again and I realized he deleted the conversation on my device too! so I had no proof that I sent him the bitcoin to the address HE gave me after giving me the money!! So the bitcoins got sent to his address but his phone had a totally different wallet!
This is where he gets aggressive and basically just starts threatening me and all of a sudden they're both attacking me trying to get the cash I just put in my pocket, I yell so people can call the cops and one runs away with some of the money and the other is trying to grab the rest. Cops come and catch the one guy and now they're looking for the second one.
I checked the address that I sent the btc to and apparently it also received 5 btc the same day (yesterday), so if you have any idea who this address belongs to or someone who got scammed the same way, get in touch as I'm trying to help cops catch the second guy and hopefully get my bitcoin back. This happened in Paris.
Lesson 1 : do not meet more than 1 person for a cash trade, it is risky.
Lesson 2 : do not sell a large amount the first time until you trust the person.
Lesson 3 : if you do sell a large amount, send a small amount as a test.
Hope this prevents other people from getting scammed, be safe everyone!
[link] [comments]
Bitcoin Virtual Machine
Hello bitcoiners,
I recently worked on a Packer builder that generates a VirtualBox Ubuntu image and a Vagrant box with all the main Bitcoin / LN softwares, ideal for Bitcoin workshops, hackathons, etc. If you are interested have a look at the repo https://github.com/bitcoin-studio/Bitcoin-VirtualMachine
HODL
[link] [comments]
Coinbase killed my limit to $15 a week, and I'm verified level 3.
Title says it all, just went to purchase, and now I have a $15.00 a week limit. I am level 3 verified. Tried to call and they said no US telephone support. Anyone else verified level 3 and having this problem?
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The story of my first bitcoin. Hopefully someone will learn from my mistake.
My brother had told me all about this new type of internet money that no one entity controlled, it intrigued me. I had decided to cash in the change I had been collecting for the past year to I buy my first bitcoin at 740 Canadian (Late 2013 I believe). Saw it rise to over 1000 USD then Mt.Gox happened.. Ofc it nose dived, to 200 USD and for about 2 years did nothing. Then it started to go off again and it hit around 1000 USD again.. I decided I would sell out of .7 of it to buy CSGO skins hahaha (digital goods) this was early 2017. I had to watch bitcoin triumphantly rise to 20k thinking what have I done!! I held this thing for years!! Don’t make the same mistake I did. Our previous ATH will be crushed just like every past one. I thought I would never be able to buy another bitcoin but I was blessed with this bear market. I took it as an opportunity to rewrite my past mistake. Hodl strong my friends!
[link] [comments]
New Book: Grokking Bitcoin
 |
I'm pleased to announce the immediate availability of Grokking Bitcoin (Manning Publications) at https://www.manning.com/books/grokking-bitcoin. https://i.redd.it/aj1pnoo1j9t21.jpg Grokking Bitcoin is a deep dive into Bitcoin technology, aimed at anyone interested in the technical side of it. You don't have to be a programmer to follow along--there's no code in the book--but you need to be technically curious. It's the book I would have loved to read when I started in Bitcoin, even though I'm a programmer. It helps you decide whether you trust Bitcoin or not. It's filled with concrete examples and nice illustrations. I really hope you'll like it. Please let me know what you think. Thank you. [link] [comments] |
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