This is Cash App by the way. I bought 2500 worth of bitcoin in June, sold the next day for 2580, then bought back 2580 worth a couple days later and am still holding it. I got the text about having tax documents last night and was seeing if I needed to send it in to someone or not. Thanks for the help!
I’ve put this off for two years. I’m selling all of my rare shit and going all in on bitcoin. Collectively my Nintendo collection and whiskey collection is enough for a nice start
Long btc
Increasing blocksize might decentralize Bitcoin. It results in less nodes existing due to higher cost of operating, yes. But this makes UASFs harder, as less potential users can participate, which takes power away from development groups, weakening the prospect of developer capture. The miners are the ones that are supposed to govern Bitcoin anyways, not nodes or developers.
Finally, I don't believe blocksize affects mining distribution. Mining is a game of "do it more and more until it's no longer profitable to do so". For this reason, as the price of running a full node goes up, this just becomes priced into the costs of mining, resulting in decrease of hashpower, but not profitability. Once the block subsidy runs out, the price of transactions will be priced in a little better (it could become slightly more expensive), and mining will be profitable by default, as long as there's a stable network with stable value.
Thoughts?
Great! Thanks so much! Please create or designate pool(s) that will donate a per-determined percentage to BCH developers (or whatever fundee(s) you choose and for however long you choose). This will allow miners to put as much hash as they want towards the goal of that pool. Voluntary donations! They can change pools anytime they want. I think these donations could come from BTC, BCH or other block rewards if that is the better place for the pool to mine?
You can make it voluntary for miners by just designating your pool(s) as one that will do this. Maybe you have already done this. If so, Thanks! I suggest this so the miners get fair warning and the anti-donations attackers cannot say it is involuntary.
If you are still listening to my crazy ideas, consider setting it up so the funds go to your designated developers (or whatever cause) directly rather than sending to a central depository that might be captured, infiltrated or corrupted. If you keep the intended fundee(s) and donation percentages listed publicly in advance, by staying in the pool, miners will continue to signal agreement with the pools' charitable activities.
With inflation money it's buy a bunch of shit you don't really need now. Like how in stores, you get a discount if you buy a year's worth of toilet paper vs what you need until the next trip to the market.
But with Bitcoin being disinflationary, you, generally, lose sats when you spend more outright vs buying what you need now because you save more from the value of sats.
Personally, today I didn't get the 3000 ft^2 costco saran wrap that I normally get every 5 years.
Conceivably, couldn't they just open a LN hub and force all tx for their domain to go through their government hub and just take their cut out of the tx?
Basically, I'm worried that once it becomes impossible to tax income because of crypto governments will begin increasing taxes on physical assets but with LN couldn't they just keep business going as normal?
That's hardly the future I want to work toward.
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We are currently making an aggregator of companies accepting crypto and we try to hand check, if every company still accepts it. When I checked Microsoft, I couln't find it on the payments page where it used to be (checked a reddit screenshot posted here 2 months ago). Did they make any official comments regarding it? UPD. Screen from the Reddit post made 2 months ago Now it's like this. Only gift cards Just in case you are interested in the aggregator, it's here [link] [comments] |
Can you believe I was once dumb enough to think that !
This was just after reading an article about how banks had cut Wikileaks access to traditional banking services, and they had turned to something called Bitcoin, that at the time were worth $1.20 each ( if I recall correctly ).
If only I could turn back time ...
Repost of my (now archived):
📷
I want to give away at least 9 Billion of the 10 Billion "Faketoshi" (CSW) SLP tokens I created on BCH. I believe spreading them widely can make them worth something as a collectible someday. Some keys to success:
and 4) Belief.
Belief is all that is really needed, but, I think this particular catchy name can help spread them more equitably among deserving people. I think they will only grow in value if
and/or I am sure there are more factors that could kick up the value such as China banning it or making it their national tipping currency...
So, How to give them away? I think I need help. While supplies last:
Airdrop?:
I will give 1,000,000 to anyone that tells me an easy way to airdrop them widely (or is willing to do that somehow).
Faucet?:
I will give 500,000 to anyone who posts a link to a faucet that can give them away. Promise to put 500,000 on that faucet in your post and I will send you 1,100,000.
Update: Currently on these free faucets: https://doge.cash/, https://mirror.doge.cash/ and https://tokenfaucet.org/ Update 2: Those faucets may be down.
You have disrespected any CSW!:
UPDATE: Now offering 100,000 for more recent posts/replies (after May 4th). Just mention Faketoshi in any way or disrespect any CSW
I will give 500,000 to anyone who posts a link (in this thread) to a post on social media (from before this token was created (May 4th, 2019)) where you showed disrespect for anyone with the initials CSW or used the name Faketoshi. If in the same post here you promise to give 100,000 away, each, to at least 4 other people, I will send you 1,000,000 (please try make it real and pretty good people).
Tip Bot:
1,000,000 bounty for a working tip bot that gives them out from the tipper's wallet or whatever works along those lines.
Famous supporters of this project!:
10,000,000 or more available to each well known person who I am convinced can and will spread the tokens around widely. Having famous people hand out the tokens provides the token even more legitimacy as the best Faketoshi to collect.
Get us on an exchange:
Getting our token added to an exchange will get you a big bonus (bonus size depends on the size of the exchange). (Agora does not count - see below)
I just want some or I deserve some Ask as a reply to the original post in the thread and provide your SLP address. Hopefully someone I already sent a big quantity to will help me by sending you some and will reply to your post saying they will. I will say so if I get some sent to you.
Can I buy some? or get some by supporting the project?:
I can think of a few ways. See the agora exchange fundraiser below, make an offer in the thread for others to sell you some of theirs, watch for an exchange to list CSW or ask me for a BCH address and I will provide free ones if you financially support this project's expenses. Suggested donation one us penny's worth of BCH per ten CSW tokens you hope to receive (minimum donation $5). The idea here is to create value. I think people buying and selling these will help encourage that.
Everyone, please help give them away to real humans. It benefits everyone if these tokens get spread widely and equitably. Be sure you post a SLP deposit address to send them to or I will ignore your post if I get busy (it should look like this one of mine: simpleledger:qr5vspax39z6pkddkds0u0k29zs5nz6v6s4n0qhvq8 )
My fundraiser:
New info: anyone can buy and sell these on the Memo.cash site.
Old idea: To fund the TX fees for sending out free coins, I have Faketoshi (CSW) tokens for sale cheap (100 satoshis of BCH each) on the Agora exchange. It is an exchange that anyone can try to sell ANY SLP token on. Feel free to try to sell yours on there cheaper than I am. Tips on that "opportunity" in my post here:
https://old.reddit.com/r/btc/comments/blm7zp/electron_cash_slp_edition_349/
I may edit this post as people provide constructive or destructive criticism. To spread the word, please post a link to this thread or the one I will post on Big Bubbler's Facebook page (a link to that page is in the token).
To see more details about the token (and to avoid counterfeits), here is some info:
ID: d806e14b89829adc6c576da5729e34495d9b547ccd7162b827d5a22ca9f989f7
Timestamp: 2019-05-04 09:52 Symbol: CSW Name: Faketoshi Document URI: https://www.facebook.com/Big-Bubbler-197778163227 Document Hash: <empty> Decimals: 0 Initial Token Qty: 10000000000
I did make another Faketoshi SLP token before this one, but, it did not have the "CSW" symbol set, so I made a better one for this project. Watch out for fakes!
I believe there are many truly pro-BCH miners willing to temporarily donate less than 1% of their block rewards to support faster development progress on BCH. I believe it is in all Bitcoin miners' long-term best interests to support getting this work done soon. If BCH can scale and goes viral as intended, the rise of BCH will drag BTC along with it as long as BTC still has it's social engineering army. Any delay in this future causes compound losses for miners.
I agree the original proposal would benefit from a lot of improvements including letting miners (instead of pool operators) make the decision(s) and not sending the donations to a single censorable depository. I suggest creating or designating pools for miners to join as a way of showing support for the funding mechanism. This is just an idea. If people can find a better way to know "if Pro-BCH miners are willing to donate block rewards to BCH developers", I am all for that idea.
I assume most miners are not serious BCH supporters who see the long-term value of providing significant support for BCH development very soon. I am OK with their opinions so long as they are not allowed to control BCH's ability to achieve the original dream of Bitcoin. I believe there are many miners who DO understand the importance of getting scaling on BCH quickly and would support such pools. If I am mistaken about BCH having serious miner support, This could also be a way to show that we should cower at the demands of the less friendly miners.
I expect many social engineering agents and miners who are not really pro-BCH will make the many often-repetitive arguments against developer funding while claiming to be Pro-BCH. I believe that truly pro-BCH miners cannot openly admit to that stance due to the massive powerful forces that oppose peer-to-peer electronic cash for the world's people. So, anti-funding social-media posts could be from fake friends of BCH or a real ones. I believe most who print articles opposed to letting miners fund BCH developers are not really pro-BCH. Of the real pro-BCH posters, I think many assume bad things that need not be part of an updated future funding plan.
Let's make sure the miners get to control whether their donations end on "X" date. Let's listen to the other concerns and try to find a win-win solution to them all. Anti-BCH forces will never like any plan that helps create peer-to-peer electronic cash for the world's people in our lifetime. They are legion. They will pretend to be us and pretend convincingly that we do not want miners to donate to our developers. Let's look for ways to find out what the real BCH community want's to do!
"This community is getting dumb and I think that’s a huge positive indicator" --/r/bitcoin
NOOB here. Can I feed the ATM cash and get a printed QR code without KYC? If yes, can that later be deposited into my Trezor? Thanks.
Coin.dance/blocks shows SBI crypto has recently started mining BCH again. I recall SBI had some partnerships with CSW/Coingeek before BSV forked off. They are huge in Japan.
Interestingly at the time of this post it is 3.3% more profitable to mine BCH, but it is 13.7% more profitable to mine BSV, BUT SBI hasn't started mining BSV.
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submitted by /u/BCHcain [link] [comments] |
For Christmas I gave my housemate Bitcoin. A few weeks ago he purchased Uber Eats for us. I paid him in Bitcoin Cash. Both are now worth more than the time I gave it to him. He is now wanting to buy more. I really hope aps like Uber Eats start to accept Bitcoin Cash. That will make a huge impact.
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Okay, I am fairly new here and from what I have read so far I would probably have described myself 60/40 on the side of Bitcoin Cash. I am actually about to make my first crypto puchase to renew my VPN and I decided to go with Bitcoin Cash as the fees would be a lot less. I thought I would ask a few questions on there regarding how do they believe mass adoption can come to Bitcoin when fees on BTC can reach higher than billions of people have to spend on their food for a week and also why they don't really encourage transacting with their Bitcoin and view it as a token to be kept and locked away.... I guess they don't wanna try and convince me of their reasons and would rather shut down a debate for someone new to here? Interesting... [link] [comments] |
https://bitinfocharts.com/comparison/size-btc-bch.html#3m
Average block size is like 100kb, what was all the fuzz about? Obviously raising the blocksize didnt do anything for adoption or usage.
I always thought BCH was an interesting experiment, but it looks more like a company coin for bitcoin.com now.
Did BCH fail as an experiment? And would BCH survive if Bitcoin.com stops supporting it?
As an example, I've updated the title & description of all of my pertinent videos about Bitcoin to Bitcoin Cash:
https://www.youtube.com/playlist?list=PLqssva4liHRxozsyfjHO1ajrIUJcDFhTJ
Flow rate = Number of transactions in a block / number of transactions in mempool at time of block * 100.
This is quite different than txns per second, because it's independent of usage.
I imagine BCH will strive for 100%, and on BTC as flow rate goes down, fees ought to go up.
Bitcoin has come into the new decade with a bang and things are looking promising. Heading into this bull market here are the 5 Bitcoin trends you need to know about in 2020: https://www.tap.global/5-bitcoin-trends-you-need-to-know-about-in-2020
Which are you most excited for ?
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![[Tutorial] How to become a thought leader on crypto Twitter](https://b.thumbs.redditmedia.com/gobGl1f644Fpkq-dy4IAe5SOWWvP_kSUC9lfchPxObs.jpg "[Tutorial] How to become a thought leader on crypto Twitter")
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