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Please check the previous discussion thread for unanswered questions.
With a reference to Mount Emei, and comment "早晨的太阳升起", or "Morning sun rise"
https://en.wikipedia.org/wiki/Mount_Emei
https://bchn.flipstarter.cash/
Download the latest Bitcoin Cash compatible release of BCH Unlimited (1.8.0, April 17th, 2020) from:
https://www.bitcoinunlimited.info/download
https://github.com/BitcoinUnlimited/BitcoinUnlimited/releases/tag/BCHunlimited1.8.0.0
This is a major release of BCH Unlimited compatible with the upcoming protocol upgrade of the Bitcoin Cash network. You could find May 15th, 2020 upgrade specifications here:
This is list of the main changes that have been merged in this release:
Release notes:
PS Ubuntu PPA repository is currently being updated to serve for 1.8.0.
^ I find that patent EXTREMELY interesting. Using human body activity to mine cryptocurrencies... i have many questions. How would he mine from a human body? What relevance is this to Microsoft’s evolution? Was Bill Gates in on the board at the time of filing application? What other cryptocurrencies/blockchains follow similar paths?
Publication number: W0/2020/60606
I’d like to hear your thoughts! I’d like to hear analysis on the effects of Microsoft on Bitcoin down the road.
The Bitcoin Cash Node fundraiser has already exceeded 10% of the goal!
Please contribute to the development of Bitcoin Cash (BCH) via these Flipstarters:
Bitcoin Cash Node (BCHN): https://bchn.flipstarter.cash/
Bitcoin ABC: https://abc.flipstarter.cash/
Bitcoin Verde: https://verde.flipstarter.cash/
Purse.io was the first place I learned you could actually spend bitcoin for real things... and now it's gone!
Now, over the past few months ive been bookmarking websites that accept bitcoin and today I found https://dundle.com/ and thought - how many websites are there out there like this that I don't know about?
So I wanted make a thread inviting everyone to share links to websites that accept Bitcoin - this would be a great thread to share with friends who are new and ask "ok but where can I spend it?"
Here's what I have so far
How long can this list get? help me out!
here is the paper, its quite long but a good read. below ive added some quotes. If you read this paper it will likely just confirm want most who have been in this space for a while think about tether, its centralised with no accountability and is likely not backed 1:1 and is likely an instrument to pump prices.
Is Bitcoin Really un-tethered?
some snippets from the paper:
flow of tether between exchanges, the main players:
Figure 1 plots the aggregate flow of Tether among major market participants on the Tether blockchain from its conception in October 6, 2014 until March 31, 2018. The size of the nodes is proportional to the sum of coin inflow and outflow to each node, the thickness of the lines is proportional to the size of flows, and all flow movements are clockwise. Tether is authorized, moved to Bitfinex, and then slowly distributed to other Tether-based exchanges, mainly Poloniex and Bittrex. The graph shows that almost no Tether returns to the Tether issuer to be redeemed, and the major exchange where Tether can be exchanged for USD, Kraken, accounts for only a small proportion of transactions. Tether also flows out to other exchanges and entities and becomes more widespread over time as a medium of exchange.
A similar analysis of the flow of coins on the much larger Bitcoin blockchain shows that the three main Tether exchanges for most of 2017 (Bitfinex, Poloniex, and Bittrex) also facilitate considerable cross-exchange Bitcoin flows among themselves.6 Additionally, we find that the cross-exchange Bitcoin flows on Bitcoin blockchain closely matches the Tether flows on Tether blockchain.
a large player is likely responsiblle for a lot of this:
we find that one large player is associated with more than half of the exchange of Tether for Bitcoin at Bitfinex, suggesting that the distribution of Tether into the market is from a large player and not many different investors bringing cash to Bitfinex to purchase Tether
people who worked on the inside even admit tether isnt backed 1:1
in response to legal motions, on April 30, 2019, Bitfinex’s former General Counsel admitted that Tether does not have cash reserves equal to 100% of the outstanding Tethers. In a May 15, 2019 court hearing, a Bitfinex attorney also admitted that Tether did invest in instruments beyond cash, including Bitcoin, something clearly at odds with Tether’s longstanding claims.
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I also received one of those emails. DO NOT PAY. It's fake. https://www.cryptozink.io/crypto-scam-alert-bitcoin-sextortion-scam-emails/ [link] [comments] |
I am not an expert on economics or cryptocurrency. Don't hurt my feelings. 🙏
Facebook just revamped Libra to include a basket of stable coins; and a bunch of limitations on who can use the permissioned coin:
Additionally, the Libra Association will limit unregulated entities. You won’t be able to add Libra support to your app without going through a registration or licensing process in a Financial Action Task Force (FATF) member jurisdiction.
well where's the fun in that?
Their flipstarter is simple and clear. They do not boast.
The work on the mining block template seems to be one of the most important steps for mining diversity.
It's the cheapest fundraiser.
(Although not a mining node yet)
Please discuss.
ttps://verde.flipstarter.cash/
I bought an AR-15.
Then I spent my wife's stimulus check on Bitcoin.
Edit: Just to clarify, I bought a puppy last month for my wife with my money (~1,200$). She said I could have her stimulus check if I got her that day. Always clear it up with the Mrs.
There will only be a maximum of 21 million bitcoins. Ever. Approximately 4 million have been permanently LOST, bringing the maximum circulating total to 17 million. This total number won't be reached until 2140 due to Bitcoin's issuance schedule.
Total number of millionaires (in USD value) worldwide is around 33 million (source).
The math is simple: there is not enough Bitcoin in the world for even HALF of today's millionaires to own just ONE SINGLE BITCOIN. Much less all the future millionaires that will be born as the human population approaches 10bn.
Bitcoin is SCARCE. Check out the S2F model for a good explanation of why scarcity and value correlate.
Furthermore: If you are able to acquire even one BTC today: Enjoy the feeling. You are an early adopter. And one of a very select number of humans. Owning just ONE BTC means that you are--at minimum--in the top 0.2% (17M / 8Bn * 100*100&ie=UTF-8&oe=UTF-8)) of the human population in terms of total possible bitcoin wealth distribution. The percentage is much lower than that, of course, given that there are lots of whales out there with 1000+ BTC each.
Edit: And never-mind the idiots that will say something asinine like "my pubic hairs are limited in number too...does that make them valuable?" Your pubic hairs have zero network utility, whereas every day Bitcoin proves it has extraordinary utility as (perhaps) the most perfect form of money humans have yet created.
Stack those sats!
That is all.
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Since its official launch on March 10, 2020, the CoinEx Ambassador Program has been well received in the CoinEx community. Within a month, we got applications of more than 200 industry elites from 30+ countries around the world. To better support Ambassadors in CoinEx promotion, we have organized the AMA and the first official training on this Program, which turned out a success among Ambassadors. CoinEx Ambassadors have shown their professionalism and enthusiasm during the first period. They gave full play to their expertise to provide CoinEx with multi-faceted support. Marketing Ambassadors created abundant materials for promotion with their talent in creation and promotion. Overseas Operation Ambassadors have established local fan pages for us and set up Telegram communities in minor languages. Business Ambassadors referred to us many project developers, all yielding good feedback, and provided provide valuable insights in research reports. Referral Ambassadors also did a good job in referring users and guiding them to use the CoinEx Exchange. Thanks to their hard work, CoinEx has been known to more people and become more influential around the world. To express our gratitude for their contributions, we distributed more than one million CET as their salary for the first month of this Program. In days to come, we will launch more Ambassador tasks to benefit more Ambassadors. During the first period of this Program, several Ambassadors have outperformed their counterparts and are selected as the Star of Ambassadors. They are: Star of Marketing Ambassadors:@Janice Monthly Salary: 500USD Janice has taken active part in the CoinEx marketing, independently created many materials for promoting CoinEx, and built and activated the CoinEx community. Janice’s story with CoinEx: I got to know about the Bitcoin in 2017, yet I didn’t enter this field until 2019 when I translated an article about it. That job also brought me many friends in this field. I’ve heard about CoinEx on many occasions. I still remember one day an article about the Bitcoin fork went viral, and its author, CoinEx’s CEO Haipo Yang, left me deep impression. Then by accident I saw CoinEx recruiting global Ambassadors. I applied, without expecting anything, and later was approved. What a surprise! Fresh as I am in CoinEx, I love this community: everyone is taking their job seriously, the technology and products are great, the company is also running in good order and the team is powerful yet low-key. I’m always happy to share things I love, and since I like CoinEx so much, I have every reason to take this opportunity to share it with more people. Star of Business Ambassadors:@Aladdin Monthly Salary: 500USD Aladdin has referred many projects to CoinEx and yielded effective feedback, and produced 3 research reports, all insightful and quality, on topics such as industry development and stable cryptocurrency. Aladdin’s story with CoinEx: Aladdin team has been working in the blockchain field for many years with influential self-media channels, and has rich cooperation resources. Becoming an ambassador of CoinEx can give full play to our advantages and help increase CoinEx’s research capabilities in the fields of project research and industry analysis. In addition, we are also happy to connect our business resources to CoinEx to achieve a win-win situation for all parties. Star of Operation Ambassadors:@Aravinth M Monthly Salary: 500USD Aravinth M has established CoinEx’s Indian community and actively interacted with members, cooperated with CoinEx to hold AMA events, and promoted CoinEx by publishing CoinEx teaching videos on his YouTube channels and blogs. Aravinth’s story with CoinEx: I am Aravinth, crypto trader and YouTuber from India. I started to use CoinEx Exchange two years ago, and I was happy to use CoinEx’s website and mobile application due to user-friendly product experience and low transaction fee and also we gets friendly customer support from telegram admins. And CoinEx have all trading features and lending, etc.. So I always only support for CoinEx. Now I am one of the CoinEx Ambassador and very happy to work with CoinEx. Star of Referral Ambassadors:@Coin919 Accumulated Commissions: 100,000+ CET Coin919 has opened the banner position on Coin919 official website to guide traffic to CoinEx Exchange, and referred quality users, of whom the transaction rate reached 37.5%. Coin919’s story with CoinEx: Coin919 is a quantitative software developed in 2017 that allows users to participate in quantification without programming and enhances the profitability of ordinary users in the secondary market. Long ago CoinEx impressed us with its strength, technology and innovation, and we became even more confident about it since talks with persons from this company at the World Blockchain Conference in Wuzhen. Coin919 and CoinEx hit it off straight away in cultivating users into professionals, and reached a cooperation intention. This cooperation is a triple win as CoinEx receives more users and their transactions through Coin919’s referral, users gain trading skills and enjoy the professional services of both CoinEx and Coin919, and Coin919 gets its brand awareness enhanced. CoinEx chooses to benefit its users and train investors through cooperation with Coin919. That is a telling proof of its commitment to serving users. We have every confidence that CoinEx will embrace a brighter future. Congratulations to these Stars of Ambassadors! Take them as the model, and you will be the next star! Welcome to join CoinEx Ambassadors. Click this link for application to win the monthly salary of US$ 10,000! [link] [comments] |
Sign up for the game if you want 1000 USD SPA tokens.
The initiator is a SF-based blockchain infrastructure builder, Sperax. Recently released its latest BDLS Protocol, Sperax now welcomes any sassy crypto fanatics for troubleshooting.
A detailed program description is linked here.
Have fun gamers. ;)
When I bought bitcoin I did it for only one reason. I expected the USD to collapse. I could have invested in anything, but bitcoin for me was the only viable option. I didn’t buy bitcoin to get rich.
USD has started the collapse. It will take time but nobody can stop it now. Blame it on the virus 🦠 if you want. I blame it on decades of stupidity by the government.
I also own apartments that I rent with the prospect tenants won’t be able to pay. In April 10% didn’t pay but I suspect it will be higher in May, and higher still in June. When hyperinflation hits I expect the apartments will adjust to the new currency unless the governments decides to seize private property.
I could easily convert my bitcoin back to fiat now with a big gain and pay taxes too. Then I would have USD that is devaluing quickly. I don’t want dollars. It is that simple.
No matter what happens I will own bitcoin because I don’t expect I will ever be comfortable owning USD again. And one bitcoin will always be worth one bitcoin.
Please onboard friends familly anyone and everyone to greater good systems.
ARQUIDAMIA (Arqui) token has the main objective of expanding knowledge to other communities about the use of the SLP token as well as providing information to new people about the market for these tokens in Memo.Cash, as a secondary objective and no less important, it is trying to support other projects that They are being created with the aim of instilling the use of tokens in various BCH activities.
To achieve these expansion objectives and support for other projects, the tokens will be distributed in this way:
20% of the total tokens have been given in the first 15 days of the launch of the ARQUIDAMIA token (they have already been given in full).
25% of the total tokens will be given away in the Telegram faucet that has already distributed a large number of these tokens.
ARQUI Faucet
7% will be donated in support of a project that will be launched soon by Memo.cash user @Cryptovato.
Some tokens of the remaining percentage are included in the sale list in memo.cash, to stimulate the ARQUIDAMIA market. Its launch value is 111,111 SATOSHIS each token and its value already ranges from approximately 111,111 to 125,000 Satoshis.
https://memo.cash/token/65f541796b8e58a782f92c9a404e2b75945c29679aa8bf68a5b0b95a89ac9155?for-sale
We hope at some point to increase its value in the memo.cash market and people who believed in this project since its inception make a profit.
Got my stimulus check and i already converted it to bitcoin
Most people I talk to throughout the day have zero clue about Bitcoin divisibility. I've even had people assume you have to trade entire Coin as payment.
It is blowing my mind at how little is actually known about it.
For example, my grandpa is invested in Bitcoin. But it's through grayscale. He was pitched it by a trusted advisor who's guided his retirement thus far; so no complaints. My grandpa had zero clue that the underlying asset has a minimal storage cost; as well as the ability to send fractions of it at the snap of a finger.
I showed him how to download Green wallet on his iPhone and sent him 50,000 Satoshi. Explained the divisibility, explained the proof of work concept that makes (essentially) every transaction older than 6 confirmations "immutable."
Him and I talked about concept of ownership for atleast an hour after that. And how he's always felt at the behest of his broker or accountant or banker as far as getting his money out when he wants.
I'm sure my grandpa will never truly be able to see the full concept of Bitcoin in fruition, but he's now equipped with the knowledge enough to pass along his private keys for actual Bitcoin he owns.
Long live the revolution.
As a subtle jab to central banks, Satoshi chose his birthday as the date the US made gold ownership illegal through EO 6102 April 5th. He chose 1975 as his year of birth which is the year when the US citizens were allowed to own gold again.
I have difficulty understanding this part. The US government is wildly printing money now, which almost always happens during economic crisis. This way stocks don't fall too low, government has more money to spend to help businesses not go bankrupt or to give money to those that need it in these difficult times or pay off loans/debts (I think that is the purpose at least, but I understand that the way this is handled in reality is very different). How would the economy look and which direction would it go if the government/banks did not have the ability to print money? There are reasons to do it apparently and if the government does not have enough reserves in a Bitcoin economy, how would it handle an economic crisis? Very curious on everyone's thoughts or ideas on this.
![Bloomberg Opinion piece: "Money is losing its value. [The numbers being printed by the Federal Reserve] are so large that they no longer have any meaning."](https://b.thumbs.redditmedia.com/dEKg2Cqm6UwRq-v6XTj5xDgdQyygw7Lb0hujRe2r_7g.jpg "Bloomberg Opinion piece: \"Money is losing its value. [The numbers being printed by the Federal Reserve] are so large that they no longer have any meaning.\"")
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