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submitted by /u/jamesyb0y [link] [comments] |
Saturday, 9 May 2020
The truth is that both BTC & BCH are facing a fundamental crisis in their longterm vision & design. While perfectly representing the two dominant streams of thought on how to deal with this problem. A single parameter differentiates these two solutions, the block size limit:
MyCashBank.com – Your Own Private Bank In Your Mobile Phone (Beta Invitations)
As you guys may already know, I am volunteering my time in a few Bitcoin Cash projects, one of them is MyCashBank.com. I’m helping their team because I see the value of their work on growing the adoption of Bitcoin Cash on a global scale, beyond just the walls of normal cryptocurrency users. The plan is to get normal people (Sorry, crypto users are not normal people, lol) to do regular transactions, such as remittances for foreign workers to send money back home, merchants to convert between BCH and local fiat currencies anytime on mobile phone, and more on this platform and then slowly get them used to Bitcoin Cash.
I’m giving out limited invitations to people who don’t mind encountering all sorts of problems, because this platform is very new and many of the logistics need to go through real market usage. We wanted to make sure the system works for European users, people from Singapore and Australia and a few other countries. At the moment, there is lockdown going on, but once the lockdown has ended, I am hoping the platform can extend to support more than 100 countries with our partners.
A public disclosure is that I had personally contributed more than 100 BCH to this project, so I truly believe it can benefit all Bitcoin Cash holders. Unfortunately, because of the regulatory risks involved with this project, the team has preferred to go dark entirely. I am forced for now, to be the face and voice of the project.
If you are from Europe or Australia or Singapore and want to receive an invitation, please DM me your email address. I will send the invitation to you within a week’s time (not immediately). My only request is not to involve too much money in the transactions (no more than $100 maybe) during this Beta phase and if you encounter any problems/bugs, do feedback to me. The fees at the early stages will be high, purely because we don’t have the economies of scale yet. This can be sorted out later once the platform has reached a certain economies of scale volume.
[link] [comments]
source https://www.reddit.com/r/btc/comments/gg76sw/mycashbankcom_your_own_private_bank_in_your/
I forgot about my Bitcoin from 2012
Was going to buy something off Silk Road and pussied out and forgot about it. Probably had around 10 BTCs?
My emails show Bitme and VirWox. No clue on private key but I know transaction ids. Any chance as to how I can access those funds? I’m so retarded.
Is it game over if I don’t know my Private Key or can they be traced by looking at my transaction Ids?? And somehow bring the dot together. Been through multiple laptops in between so not stored in hardware.
I could try to search but how many digits are they usually for that time period? Like do they start with some number or letter? What’s the length size?
I wonder if I can search for a string using python by getting my email API and search for the string that fits the mold. I’m done if I wrote it on some post it’s.
[link] [comments]
Friday, 8 May 2020
CoinEx CMO Eddie Jiang will be speaking at Crypto Asia Summit.
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Excited to announce CoinEx CMO Eddie Jiang will be doing a virtual LIVE presentation about the future of exchange at Crypto Asia Summit! Eddie has more than 10 years of work experience in the TMT industry, and once served as a Marketing Manager at a Fortune 500 company and Marketing Director at a US-listed Internet company. Before joining the ViaBTC Group, he was the Global Marketing Director at Bitmain, a super unicorn company. Eddie is a veteran in the industry with abundant experience in marketing and operation. Date: May 18 2020 [link] [comments] |
source https://www.reddit.com/r/btc/comments/gfl4ph/coinex_cmo_eddie_jiang_will_be_speaking_at_crypto/
Decentralized exchange client built into wallet.
Was wondering if anyone was working on this concept. A p2p exchange client that has a similar interface as gdax but works without centralized infrastructure and only trades crypto/stable coins not fiat.
Since it's p2p any AML/KYC would not exist on the platform.
[link] [comments]
source https://www.reddit.com/r/btc/comments/gfl19t/decentralized_exchange_client_built_into_wallet/
Thursday, 7 May 2020
Bitcoin is the new gold
Bitcoin Compared to Gold
Gold is expensive to store securely.
Gold is extremely expensive and slow to transport securely, especially large amounts.
Gold is heavy, it takes up space.
You can't walk very far carrying a lot of gold. You can't swim at all with more than a few coins of gold.
Gold can be confiscated. Gold has already been confiscated by the US government.
Highway robbers, corrupt border guards, pirates, and others can merely kill you, then take any gold you were transporting.
Tungsten's density is very close to that of gold. There are now gold-coated tungsten bars in circulation. It requires special equipment and know-how to detect gold-coated tungsten.
Gold has intrinsic value, but it's on par with aluminum and copper. Besides, the point of money is to have little or no intrinsic value.
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Bitcoin is easy and inexpensive to store securely.
Bitcoin is inexpensive to transport, and compared to gold, transporting Bitcoin is 'instantaneous'.
Bitcoin weighs nothing and takes up little, if any space.
Bitcoin cannot be detected and can pass right through any border or airport.
Bitcoin won't stop refugees from walking long distances, nor from swimming across rivers.
Bitcoin cannot be confiscated. Robbers, pirates, corrupt cops, soldiers, etc. won't know you own any (unless you tell them), and they cannot merely kill you and take your Bitcoin.
Bitcoin can be sent across the Internet.
Bitcoin has no intrinsic value.
Intrinsic Value
Money does not need intrinsic value. In fact, the whole idea of money is to use something with little or no intrinsic value in order to facilitate trade. When people trade items with intrinsic value for other items with intrinsic values, that's called "barter" and no "money" is involved.
People who throw the "intrinsic value" term around usually don't know what it means.
Investopedia says:
What Is Intrinsic Value?
Intrinsic value is a measure of what an asset is worth. This measure is arrived at by means of an objective calculation or complex financial model, rather than using the currently trading market price of that asset.
Wikipedia says:
In finance, intrinsic value or fundamental value is the "true, inherent, and essential value"[1] of an asset independent of its market value.[2]
So, technically, Bitcoin has no intrinsic value, but that's okay.
Fiat money has no intrinsic value, either.
Gold has a little bit of intrinsic value, about on par with copper or aluminum.
Again: Bitcoin is the strongest, soundest money ever used, even though it does not have much, if any, "intrinsic value".
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[Help] Made a badger wallet and loaded some BCH. Downloaded Electron Cash and entered my seed from Badger. Now my Electron wallet shows the BCH but my Badger wallet is empty (both still have same seed).
Basically, after I used my Badger wallet seed in Electron my badger wallet shows 0 BCH but both still show the same seed is being used???
Thanks for any help.
[link] [comments]
source https://www.reddit.com/r/btc/comments/geyd51/help_made_a_badger_wallet_and_loaded_some_bch/
Is it a good time to buy BCH now?
Been sitting in the back of the bus watching BCH drop from .047 sats in Feb to .0263 today. You guys think the knife is still falling due to BTC halving or is it time to load up and get ready for lift off?
[link] [comments]
source https://www.reddit.com/r/btc/comments/gey7pb/is_it_a_good_time_to_buy_bch_now/
Fiat to crypto exchange bitpolo.com goes live
https://cryptoiscoming.com/fiat-to-crypto-exchange-bitpolo-com-goes-live/ #Blockchain #Cryptocurrency #Bitpolo #BTC #Bitcoin "
[link] [comments]
source https://www.reddit.com/r/btc/comments/gexw1o/fiat_to_crypto_exchange_bitpolocom_goes_live/
Electron cash password
Ok so I set up an electron cash wallet and of course I forget the password to get into it. I wrote down the private key but can’t quite get the password lol. I didn’t have anything in that wallet so I don’t really care why happens to the wallet but the problem is I can’t figure out how to set up another wallet on my computer. Any suggestions?
[link] [comments]
source https://www.reddit.com/r/btc/comments/gexey5/electron_cash_password/
I made trading easier
The outbreak of pandemic Covid-19 all over the world has disturbed the political, social, economic, religious and financial structures of the whole world. World’s topmost economies such as the US, China, UK, Germany, France, Italy, Japan and many others are at the verge of collapse. Also, many experts have warned about the worsening condition of global economic and financial structure.
However, i am not silently watching – i have adapted like chameleons to the situation and stretched our brand, reshuffled our investment lines, and catered to new needs. In short, i have listened to the market, making COVID-19 the main propeller for new growth in some sectors and reviving dormant potential in others.
The global economy is crashing and one can no longer rely on the government- for instance In just a week, 3.3 million Americans applied for unemployment and a week later another 6.6 million people started searching for jobs. Therefore “you have to prepare for what is coming” by looking into opportunities in these unique times and investing in fast-growing, reliable and highly profitable sectors.
Going sector-wise, we are currently seeing opportunities and investing in the following sectors:
A. Agriculture
With the spread of coronavirus so many people left there job to avoid being infected by COVID-19 making them do only thing consume more agricultural produce. Agriculture is lacking man power which increase the price of cash crops and exported agricultural produce. Through agriculture investment, inflation and value increases over a long period of time. It’s an asset that generate benefit to a group through Forced equity, land appreciation and yield you can earn 45% of any amount you invested.
B. Healthcare and health technology – due to the current pandemic there is growing demand for pharmaceuticals, supplements, medical devices, personal protective equipment (PPE), telemedicine, smart hospitals, online consultations, digital medical assistants, apps and mini-apps, self-diagnosing medical devices.
C. Crypto currency
Well, basically I am sure you are well aware of the opportunities crypto provides. It is what is keeping most of the worlds economy at float, as a stable asset. Besides that , there are opportunities of earning dividends from just investing in crypto and allowing the right hands manage your asset for you.
Back in 2015 when I got into it, I was quite skeptical because it hasn’t gotten much notoriety as it has now, I got in with an investment of $5000 and it has been the best financial decision ever.
With regards to the current Corona Virus pandemic- People are relying more on the internet while staying away from the currency notes. This trend has boosted the adoption of digital coins among the larger section of the population, which, in turn, has helped the prices of the Bitcoin and other digital currencies to go up and yield profitable returns for the investors. Therefore, while coronavirus rages, crypto currencies such as bitcoin has made a leap towards the mainstream.
Through crypto trading, I convert your bitcoin asset into a wealth which can sustain you through out your life time. Crypto investment comes in Two forms, crypto investment and crypto mining:
* With crypto mining, investors buys what is called Hashing Power which generates a fraction of the crypto they are mining.
* Crypto investment, this form of investment is a lay back investment. It doesn’t require you to buy hashing Power, all you need to do is deposit your bitcoin and receive your return of investment ROI. Bitcoin investment can generate up to 120% ROI.
D. Robotic engineering
Robotic engineering, scientist want to reduce the spread of coronavirus through limiting contact with infected person and want to use Robot to assist in making contact with the infected person. Through science related investment, we invest your money in the latest and trending technology and coding. Which gives you a you 78% ROI on any amount you invest.
Contact me through my email to explain further.
[link] [comments]
source https://www.reddit.com/r/btc/comments/gewrfh/i_made_trading_easier/
BCH blocks are really huge these days!
Just kidding, still 0.1 MB.
[link] [comments]
source https://www.reddit.com/r/btc/comments/gewfhz/bch_blocks_are_really_huge_these_days/
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