 |
submitted by /u/isaak- [link] [comments] |
source https://www.reddit.com/r/btc/comments/d0srxo/not_as_cringy_as_youd_expect/
Saturday, 7 September 2019
Not as cringy as you'd expect
source https://www.reddit.com/r/btc/comments/d0srxo/not_as_cringy_as_youd_expect/
Binance Plagiarized Bitmex Procedures Apologizes After Bitmex C.E.O Shows Copy-Paste This article was originally posted on 24/7 Crypto News. Arthur Hayes, the CEO at BitMEX, was quick to call out the CEO at Binance, saying [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/310cQTm
via IFTTT
I had an amazing time at the Bitcoin Cash City conference. The energy was overwhelmingly positive. The new technology being developed was surprising and inspiring. The people were all passionate, friendly and welcoming. Proud to be part of such a wonderful community bringing BCH to the world.
"The fact that [BCH] even exists is quite literally a violation of Nakamoto consensus." ~BashCo
In order to further my understanding of Bitcoin and the history of BCH and BTC, please explain to me how you would argue against this recent statement made by /u/bashco.
EDIT: Please keep your comments civil in here. If we can't have open, honest, AND respectful debates here in /r/btc then where can we? Can you make your point without resorting to personal attacks and tribal rhetoric?
[link] [comments]
source https://www.reddit.com/r/btc/comments/d0s5ot/the_fact_that_bch_even_exists_is_quite_literally/
where can I download a summary of block explorer statistics for the last N blocks without needing to query the raw data from a node
I'm looking for the sort of data available from a block explorer - block height, size, #txns, etc. Seems like one of the explorer apps would already have this functionality but I can't find one. If there's a low effort way to quickly get this data I'd appreciate it, thanks.
[link] [comments]
source https://www.reddit.com/r/btc/comments/d0sc1g/where_can_i_download_a_summary_of_block_explorer/
Ethereum Price Analysis and Prediction for September 7th 2019 – Recovery Is Imminent This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2ZIcTX4
via IFTTT
The greatest risk in life is not taking any. Buy Bitcoin
There is a meme in the cryptocurrency community which I see pop up every couple of weeks which goes like this: “The greatest risk in life is not taking any. Buy Bitcoin.” But is not buying Bitcoin actually a risk?
I’m going to answer this question by going back to a point in time when the world used two main currencies: gold and silver.
First, lets understand why we used gold and silver alongside each other, instead of just gold or vice-versa.
A good medium of exchange solves the lack of coincidence of wants problem, which can be broken down into three sub-problems.
-
Lack of coincidence of scales: I make shoes worth $60 and I want to buy a gum-ball for $0.25. I don’t have a way to give the gum-ball seller $0.25 worth of one of my shoes, so I have to either trade a pair of shoes for 240 gum-balls or live without the gum-ball.
-
Lack of coincidence of time: I’m a fisherman trying to buy a car. It is impossible for me to save up enough fish to buy a car before the fish rot.
-
Lack of coincidence of location: I’m a farmer looking to buy a house in a new city. I have enough cattle to pay for the house, but the city is very far away, so it would be impossible to move my cattle there to pay for the house.
Gold solves the lack of coincidence of time and lack of coincidence of location problems, as its chemical properties make it resistant to deteriorating and its high price per ounce makes it easy to transport large amounts of value. Gold’s high price make it great for expensive transactions like buying a house, but for inexpensive transactions, it is unable to solve the lack of coincidence of scales. It is nearly impossible to get a piece of gold small enough to pay for a $0.25 gum-ball.
This is where silver comes in. When it was being used alongside gold as a medium of exchange, its price was always ~15.5 ounces of silver per ounce of gold, so it could easily be used to purchase inexpensive items. It also solved the lack of coincidence of time and lack of coincidence of location problems for the same reasons as gold.
Silver held its position as a secondary medium of exchange until technological advancements, namely the telegraph and expanding network of trains, made it possible for banks to denote values of gold using paper bills. Now, people payed for inexpensive items using paper notes representing amounts of gold too small to be physically real.
As a result of this development, silver became useless as a medium of exchange and European countries switched to a gold standard. This switch happened over the course of ~150 years. Starting with Britain in 1717 and ending with Germany after the Franco-Prussian War, France, Holland, Switzerland, Belgium, and other countries switched to the gold standard.
The price of silver plummeted as the gold standard was increasingly adopted. India, China, and other countries on the silver standard were heavily impacted. In the time between the end of the Franco-Prussian War and the time when they switched to the gold standard (India 27 years after, China 64 years after), the Indian rupee lost 56% of its value and Chinese silver coins lost 78% of their value. The wealth of these countries was essentially transferred to countries on the gold standard. This put China and India behind in the 20th century and made it impossible for them to catch up.
By not buying Bitcoin, you are actually taking a risk. You can’t just ignore Bitcoin and keep holding your money. As more and more people start believing in Bitcoin’s ability to replace Fiat currency, the price of Fiat currency goes down. Whether you actively believe Bitcoin will fail or don’t care either way, you are risking your wealth by betting against the adoption of Bitcoin.
[link] [comments]
Swiss National Bank President Says Stablecoins Could Hamper Policy This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2LBPxbM
via IFTTT
Bitcoin Fails to Break $11,000 Again, Drops $400 in One Hour This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2A0iI36
via IFTTT
Price Analysis 06/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2N0YH4Z
via IFTTT
Friday, 6 September 2019
Why Bitcoin exists (a true story)
This all starts on Labor Day. I sell some investments from a company that rhymes with Delity. The only option is to get a check mailed so I choose 2 day shipping ($25) and live with it. I call them the next day (they are closed on Labor Day) and ask for a direct deposit and am told it takes 10 days to verify a bank account...so check it is. Today the check arrives, so on my lunch break I go home, get the check and go to my local (national) bank to deposit the checks. I am told that a hold was being placed on both due to them being over $5,000 and some would be available Saturday and the other half would be available a week from now. So all I wanted to do was sell some investments to buy Bitcoin and 4 days later I’m 7 days away from getting my money.
Bitcoin fixes this.
[link] [comments]
Discussion: The same organization that managed the controversial BCH fundraiser FVNI have leaks come out from a paid shill.
Let's put this out there, I do support BSV - now - but you can check my post history and it is only since after April 2019 after the Contrarian slip, and how supposed public enemy #1 Greg Maxwell is still allowed to post here under multiple aliases and it is considered acceptable by the r/btc community.
You don't have to label me a shill of anything. You can check my history I am so pissed about the amount of Astroturf and lies that are being spread on these forums, that I now take it personal and I don't want others to fall for the same crap that I did that divided our communities.
I guess the reason for this post ties into why Greg and his sockpuppets are still allowed to post here in r/btc, because essentially they are fulfilling a service 'for free' that they normally would outsource to FVNI Development Society - where leaks have come out showing they literally pay shills.
With the leaks that have come through now an actual paid Bitcoin Cash Shill employed by FVNI previously. This is the same FVNI that handled the BCH fundraiser recently. There was even controversy about this on r/btc for lack of transparency.
More here and further parts 2 and 3 will be released as more leaks come out from the whistleblowers.
So the question for BCH supporters and donators should be opened up as to where this money is actually going to once again.
If simple questions like this cannot be answered without upsetting the 'power structure's of BCH and the r/btc moderators who are all bitcoin dot com employees, then it further solidifies my decision to move on from BCH 5 months ago.
I encourage others to think for themselves with all the facts - and make their own decision, without being stuck in eco chambers or following thought leaders who have their own agendas to fulfill.
Don't trust, Verify.
[link] [comments]
source https://www.reddit.com/r/btc/comments/d09qlh/discussion_the_same_organization_that_managed_the/
Ethereum, Litecoin and Monero Price Analysis and Prediction for September 6th 2019: ETH, LTC, and XMR This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2MX90qx
via IFTTT
Four Out of Five Top Bitcoin QR Code Generators are Scams: Report This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2NQKneL
via IFTTT
U.S. Dep. of Energy Grants $200,000 to Blockchain Company to Secure Grid This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2UwQ2b9
via IFTTT
Poloniex Exchange Will Upgrade XRP Wallets Monday, Limiting Activities This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/34tyK3u
via IFTTT
Venezuelans Fighting Economic Hardship Discover Crypto’s True Potential This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2zSjsHs
via IFTTT
The Slow and Steady Demise of ZCash This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2PJPOi7
via IFTTT
Waves Platform and The Abyss to Jointly Launch Blockchain-Based Games Marketplace This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2zY31ct
via IFTTT
Scale Never Comes For Free
Today, Sally Floyd died. Sally was one of the inventors of Random Early Detection - an improvement to the network queuing system employed by routers around the net during periods of high congestion. There are lessons here for those of us in Bitcoin.
Those who would criticize Bitcoin for its current limitations of transaction throughput would be wise to remember that well into the 1980's, the internet frequently experienced a period of huge degradation in performance known as a congestion collapse. Those detractors who would have claimed the internet a failure 40 years for such limitations will find themselves in the company of those who point to Bitcoin's current transactional limitations as indication of its doom. The technology continues to improve, transactional limitations are being solved through numerous and well-publicized areas of research.
We tip our hats both to people like Ms. Floyd, and her contemporaries, who diligently work to build upon existing technology to improve scale, wherever the challenge may lie.
[link] [comments]
“London Bitcoin Cash Meetup next Thursday 12 September @ 6:30pm in Shoreditch with a BCH Bar. Come listen to talks on Bitcoin.com Exchange, Schnorr Signatures and CashShuffle.”
Thursday, 5 September 2019
bitcoin is a system where nobody can force anyone to do anything; if you want something, you either do it yourself or persuade others to do it with you. That's it.
**Today’s my birthday, I have a present to share!***
BCH community,
I’ve learned and grown a lot with this sub. Our interactions helped develop my understanding of blockchain technology, my study of crypto markets and a sincere appreciation for a project that benefits everyone. 9/5 marks another year of life and I’d like to celebrate my special day with the fine individuals on this subreddit. While the act of opening gifts is enjoyable, I believe that the best presents are those we can share with others. As such, here is my gift to all of you;
These are customized, Local.bitcoin.com stickers to share our medium with the masses. I’ll be posting them in high places for everyone to see!
Regards,
-Swole
PS; I wouldn’t complain if anyone felt like donating a few sats for a slice of cake :)
[link] [comments]
source https://www.reddit.com/r/btc/comments/czx2ll/todays_my_birthday_i_have_a_present_to_share/
Nestlé Admits Blockchain Venture Has Been More Challenging Than Others This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2LmUgz6
via IFTTT
Samsung Launching a Galaxy Note 10 Crypto-Phone Edition: Sources This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2ZLvPzn
via IFTTT
BiKi.com Announces Partnership With Global Digital Assets This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. 5th September, 2019, Singapore, [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2UxQ4Q7
via IFTTT
Bitcoin price (BTC/USD) remains near $10,600 in early Thursday trading This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. The Bitcoin price (BTC/USD) [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2NWWvea
via IFTTT
5 Key Concepts from Day One at Bitcoin Cash City This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. With day one of [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/316MuiF
via IFTTT
biladdress.org phishing scam website
I found this phishing-scam website https://biladdress.org that disguises as the famous paper-wallet generator bitaddress.org . The code picks a public address from a pre-defined list, unrelated to the private address that it displays. i.e. if you transfer bitcoins to the public-address you no longer have any control over them.
I won't be surprised if the owner of this website changes the internal list of public-addresses every time someone falls into the trap, to hide evidences.
I've reported on this domain and after few hours it showed a "Phishing Warning" for some time, but then everything returned back to normal. The owner probably changed the hosting provider or something.
I also found many domains that look like bitaddress.org with spelling mistakes (duplicated letters, missing letters, reordered letters, letters that are replaced with close keyboard keys), that redirect to biladdress.org :
- http://www.b8taddress.org
- http://www.b9taddress.org
- http://www.bbitaddress.org
- http://www.bi5address.org
- http://www.bi6address.org
- http://www.biaddress.org
- http://www.biatddress.org
- http://www.bifaddress.org
- http://www.biitaddress.org
- http://www.biraddress.org
- http://www.birtaddress.org
- http://www.bitaaddress.org
- http://www.bitacdress.org
- http://www.bitadcress.org
- http://www.bitadd4ess.org
- http://www.bitadd5ess.org
- http://www.bitadddess.org
- http://www.bitadddress.org
- http://www.bitaddeess.org
- http://www.bitadderess.org
- http://www.bitaddess.org
- http://www.bitaddfess.org
- http://www.bitaddiress.org
- http://www.bitaddr3ss.org
- http://www.bitaddr4ss.org
- http://www.bitaddrdess.org
- http://www.bitaddrdss.org
- http://www.bitaddreas.org
- http://www.bitaddreass.org
- http://www.bitaddreds.org
- http://www.bitaddrees.org
- http://www.bitaddreess.org
- http://www.bitaddrerss.org
- http://www.bitaddresa.org
- http://www.bitaddresd.org
- http://www.bitaddresds.org
- http://www.bitaddrese.org
- http://www.bitaddresss.org
- http://www.bitaddresx.org
- http://www.bitaddrexs.org
- http://www.bitaddrezs.org
- http://www.bitaddrrss.org
- http://www.bitaddrses.org
- http://www.bitaddrsess.org
- http://www.bitaddrss.org
- http://www.bitaddrsss.org
- http://www.bitaddrtess.org
- http://www.bitaddrwss.org
- http://www.bitaddsress.org
- http://www.bitaddtess.org
- http://www.bitaddtress.org
- http://www.bitadedress.org
- http://www.bitadidress.org
- http://www.bitadrdess.org
- http://www.bitadrdress.org
- http://www.bitadrress.org
- http://www.bitadsdress.org
- http://www.bitadsress.org
- http://www.bitadxress.org
- http://www.bitaeddress.org
- http://www.bitarddress.org
- http://www.bitardress.org
- http://www.bitasddress.org
- http://www.bitasdress.org
- http://www.bitaxdress.org
- http://www.bitdadress.org
- http://www.bitddress.org
- http://www.bitraddress.org
- http://www.bitsddress.org
- http://www.bitwddress.org
- http://www.bitzddress.org
- http://www.biyaddress.org
- http://www.bjtaddress.org
- http://www.botaddress.org
- http://www.btaddress.org
- http://www.btiaddress.org
- http://www.butaddress.org
- http://www.gitaddress.org
- http://www.hitaddress.org
- http://www.ibitaddress.org
- http://www.ibtaddress.org
- http://www.itaddress.org
- http://www.nitaddress.org
- http://www.vitaddress.org
[link] [comments]
Subscribe to:
Posts (Atom)
-
Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
-
submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
-
submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...
![[link]](https://i.redd.it/qtde8lqwt1l31.png){kind=link}
![[link]](https://i.redd.it/dxvj0kbgrzk31.jpg){kind=link}
![[link]](https://i.redd.it/zjn4dl6fyvk31.png){kind=link}
![[link]](https://i.redd.it/6krgjmvqkvk31.jpg){kind=link}
![[link]](https://i.redd.it/ewop8yy04uk31.jpg){kind=link}
![[link]](https://i.imgur.com/1N3a3Es.png){kind=link}
![[link]](https://i.redd.it/9l03bxkbopk31.jpg){kind=link}