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submitted by /u/FlipDetector [link] [comments] |
source https://www.reddit.com/r/btc/comments/gkr337/the_magic_100_blocks_have_been_mined_without/
Saturday, 16 May 2020
The magic 100 blocks have been mined without problems. Well done guys!
source https://www.reddit.com/r/btc/comments/gkr337/the_magic_100_blocks_have_been_mined_without/
How safe are SPV wallets?
So, as you may know Electrum had an attack back in the day. I'm just curious as to how safe SPV wallets are. It's important because with bigger blocks SPV wallets are more useful. Are there any upcoming innovations with SPV wallets?
[link] [comments]
source https://www.reddit.com/r/btc/comments/gkqfph/how_safe_are_spv_wallets/
How exactly would Ethereum scale on top of Bitcoin Cash if they're separate coins with different hashing algorithms, and completely different confirmations times and chains?
Also is scaling ethereum on top of Bitcoin Cash still in the realm of possibility? I don't know if Vitalik is still considering it...
[link] [comments]
source https://www.reddit.com/r/btc/comments/gkq7wc/how_exactly_would_ethereum_scale_on_top_of/
BTC stopped innovating after Bitcoin Cash forked and BCH has been a continuance of evolution whereas BTC has stagnated developmentally. The ignorant (and trolls) would call this “protocol ossification” when it’s clear that BTC is a failure at scaling even to modest levels.
It's Shuffle Saturday!
CashShuffle is a privacy tool that automatically mixes (or "shuffles") your coins with other CashShuffle users, making it harder to spy on you. There have already been over 50K shuffles, making over 243,000 BCH more private =)
Shuffle veterans, spin up your wallets! CashFusion early adopters, consider closing 4.1.0 and opening up 4.0.14 for the day.
New to privacy on Bitcoin Cash? No problem, getting set up is EASY.
Just download the Electron Cash desktop wallet. It's got CashShuffle built in!
Learn more at https://cashshuffle.com/
Or learn about how CashShuffle works "under the hood" with this explainer video:
https://www.youtube.com/watch?v=8g0Levpj1I4
Happy shuffling!
[link] [comments]
source https://www.reddit.com/r/btc/comments/gkosl3/its_shuffle_saturday/
A little kid asked his father for bitcoin as a birthday present
The dad said what?! $15,679??! $12,457 dollars is a lot for a kid your age! Why do you need $14,478 dollars?
[link] [comments]
If you're a US citizen, the long-term capital gains tax you pay on Bitcoin is equivalent to a property sale (up to 15% depending on income). The long-term capital gains tax on Gold? 28%. Seems like another advantage to BTC over Gold.
Full disclosure: I hold both. But as an investor, I'm always looking at all of the various advantages in assets/positions. Tax implications are a big deal. To me and to institutional investors.
I won't be surprised to see a lot of institutional investors choosing BTC as their inflation hedge in this current economic climate over gold-- or at least weighting it heavier (like I am). Time will tell though.
Good luck guys!
[link] [comments]
BCH is already a better method of payment than PayPal!
| Payment Method | Transactions per second capacity | Confirmation time (to be able to have access to your funds for free) | Average fees for a normal transaction |
|---|---|---|---|
| Bitcoin Cash | ~108 (calculated) | 10 minutes | $0.002 |
| Paypal | 193 (reported) | 24 - 48 hours | 2.9% + $0.30 |
[link] [comments]
source https://www.reddit.com/r/btc/comments/gklmcy/bch_is_already_a_better_method_of_payment_than/
Crescent Cash 1.13.6 is now being rolled out to the Google Play Store and F-Droid! This update fixes an SLP transaction bug, and re-enables the SLP wallet.
Self-explanatory title.
Download here: https://crescent.cash
[link] [comments]
source https://www.reddit.com/r/btc/comments/gkj5md/crescent_cash_1136_is_now_being_rolled_out_to_the/
If bitcoin does moon, how will you deal with family members and friends?
I've only recently jumped on the bitcoin bandwagon and I've told a few people so far. The people that are familiar with financial markets are quite open to it, but they don't seem like they will put any money into crypto at the mo (well not on purpose at least, one colleague accidentally bought bitcoin on revolut).
The less savvy investors I've told have been very surprised and urged me to reconsider or to invest in gold. They are not interested in bitcoin at all. This is fine, I don't mind. But if bitcoin does moon these same people will be negative towards me most likely. They will be annoyed that I didn't try harder to convince them. Has anyone experienced this before, when bitcoins price went from a few hundred to a few thousand? I wonder if I should stop talking about bitcoin with family and friends now?
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So I get a fairly constant stream of people who send me messages about situations where they have sent BCH to a Bitcoin address (Probably 3/4 of the instances of this are when people use address converters) If you didn't send it to a segwit address, recovery is quite straight forward.
Friday, 15 May 2020
Why does BTC manage to have an absurdly higher price than BCH when BTC's stats don't line up with those of BCH?
Just yesterday, I went onto bitinfocharts.com and looked at the statistics of volume and other things on the BCH network when compared to the BTC network. The only thing that I can see in terms of statistics that actually reflect the price difference is in the hashrate. When it comes to transactions per day, BCH has 1/6th of the number of daily transactions when compared to BTC. When it comes to average transaction value, BCH transactions are 1/8th the value of BTC transactions. Despite BCH having much better stats than what is reflected in its price, why does BTC still remain 41x more valuable? The math doesn't add up to me.
[link] [comments]
source https://www.reddit.com/r/btc/comments/gk3rdx/why_does_btc_manage_to_have_an_absurdly_higher/
Any way to increase the transaction fee price?
Ive been sitting on a transaction for 9 hours now, and I realised my transaction fee was incredibly low. Can I increase it somehow? I use coinami.
[link] [comments]
source https://www.reddit.com/r/btc/comments/gk133f/any_way_to_increase_the_transaction_fee_price/
CoinEx VP Eddie Jiang will present the "Future of Exchanges from CEX to DEX" on Crypto Asia Summit
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On May 18 – 23, ChainTalk will host the largest crypto virtual summit of 2020. The Crypto Asia Summit will bring investors and decision makers that will provide market intelligence to discover key trends, opportunities, and top crypto projects. CoinEx VP Eddie Jiang will give a keynote speech about "Future of Exchanges from CEX to DEX". Date: 18 May Time: 16:00 - 17:00 (GTM+9) Link: https://www.chaintalk.tv/watch/eddie-jiang/ Get your free ticket at https://www.chaintalk.tv/crypto-asia-summit/ and ask Eddie questions in real time! [link] [comments] |
source https://www.reddit.com/r/btc/comments/gk1bfa/coinex_vp_eddie_jiang_will_present_the_future_of/
We should add a bitcoin ticker to the subreddit itself so that people stop posting about/asking about the price.
Is this a good idea?
Also if it is, can it be done?
[link] [comments]
New updates of Bitcoin Cash House in Venezuela (Coronavirus situation)
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In search of Deliver shops for adoptionI have a list of no less than 14 companies which were about to download the wallet but the quarantine came when I least expected it We have had to overcome the issue of everything that happens in Venezuela, together with what has been happening for a long time, which by the way we were overcoming, little by little but we were overcoming it, and now this happens and the virus stops the whole world Please see more details in the Original issue of Read Cash... below the link https://read.cash/@BCHouseVE/in-search-of-deliver-shops-for-adoption-fd5ddebd [link] [comments] |
source https://www.reddit.com/r/btc/comments/gjvzbf/new_updates_of_bitcoin_cash_house_in_venezuela/
Thursday, 14 May 2020
Bitfinex cold wallet loose 86000 btc in one month
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no one in crypto space can deny the effect bitfinex has in the space, in fact it can be said that bitfinex /tether are single handedly responsible for btc 2018 bear market, after propping the price beyond reasonable valuation using usdt in the end of 2017, they are still facing multiple lawsuit regarding that issue(https://cointelegraph.com/news/bitfinex-market-manipulation-lawsuit-refiled-in-new-york-and-joined-by-second-case) -printing 4 billion since the beginning of 2020 -selling 70k btc in march(they admitted after being questioned about one third of their btc holding missing ), https://cointelegraph.com/news/bitfinexs-btc-holdings-decrease-by-one-third-in-a-month, what's more suspicious is the time of which is when btc was at it's low point (4k~5k), why would they sell so much so low?,who know? -now their cold wallet is missing 86k btc in one month , https://bitinfocharts.com/bitcoin/wallet/Bitfinex-coldwallet, with no comment about from bitfinex, in fact they even upped their tether printing this month, they already printed 1 billion usdt in just 14 day. all this coincide from Europe possibility of banning stable coin,https://cryptobriefing.com/central-banks-recommended-ban-stablecoins/, they proposed it last year and just passed 2 month ago, which mean their serious about it. and we already know that bitfinex is not shy of doing illegal action, like printing 860 million usdt to cover a loss last year, https://cointelegraph.com/news/tether-hits-back-at-claims-its-reserves-were-used-to-cover-850-million-loss-at-bitfinex all this are facts easily verified by anyone , but still there is no articles from the crypto "journalist" about the cold wallet missing btc. i thought the best thing about crypto is transparency, and that everything is on the blockchain, so why are we sitting by with the looming danger of bitfinex/tether dragging us to an other maybe longer bear market or in the worst case scenario destroying crypto, while we have better alternative that have been audited like usdc and paxos by the way usdt is only shy 50 million usdt from taking the #3 place from xrp [link] [comments] |
source https://www.reddit.com/r/btc/comments/gjgvb3/bitfinex_cold_wallet_loose_86000_btc_in_one_month/
Cryptocurrency is being manipulated so BTC can be artificially overvalued
So far, crypto has become the centralized entity it claims to hate. It's clear as day that Bitcoin's price is being severely manipulated so whales can profit off of others' optimism and speculation. It's pretty clear what's happening. You almost never see such a volatile asset - that especially has a market cap over $150 billion - because the liquidity and high volume should be high enough to cover big orders to the point where market manipulation doesn't happen. It seems that BTC's price is being overly-inflated through Tether (USDT), a token back by absolutely nothing.
USDT managed to get success through market manipulation. Bitfinex flooded Kraken with a high volume of trades to give the illusion that the market valued USDT as much as USD, despite there being no actual cash reserves to back it up. Since Tether isn't backed by any commodity, asset, or even cash, what stops Bitfinex from printing more tether to give Bitcoin a false rise in value?
Bitcoin and the price of other cryptocurrencies rise because of Tether printing more tokens to manipulate the market, increasing the perceived "market value". This increase in the perceived value of Bitcoin causes an increase in hashrate, thus fulfilling the prophecy. What stops Tether from ensuring the failure of any currency they don't support? They can simply mint more Tether, repeatedly dump the currency, and then make it go to 0. It's hard because even if Tether was found guilty of fraud, it would still cause crypto market prices to plummet.
[link] [comments]
source https://www.reddit.com/r/btc/comments/gjg43m/cryptocurrency_is_being_manipulated_so_btc_can_be/
The Elephant in the Room
Ok, can we stop ignoring the elephant in the room? We are seeing many blockchains become centralized, even some of the big ones like BCH, being vulnerable to attacks or accept that 12.5% of the miners' profits are taken away by some unaccountable Chinese fund? Is this something that will become a trend with the other blockchain projects? Is there nothing that can be done about this?
[link] [comments]
source https://www.reddit.com/r/btc/comments/gjg343/the_elephant_in_the_room/
Wednesday, 13 May 2020
Just a comment about the two-space thing in the "Unmasking Satoshi Nakamoto" video
So the thing that hung me up right away was all the attention paid to the fact that both Adam and Satoshi use two spaces after the period, because that's how I was taught to type. I thought back on it and remembered that my mother and her mother both taught me to type that way, as well as my high school typing class. I checked a bunch of old legal documents I have from the 60s and 70s and they're all typed with two spaces after periods.
Turns out that everyone, everywhere used to be taught to use two spaces after the period. And in fact, in 2020 over 1/3 of people polled still believe it's the correct way to punctuate:
https://www.instructionalsolutions.com/blog/one-space-vs-two-after-period
If anything, the fact that Satoshi used two spaces after periods simply means he learned to type on a typewriter, not a computer. The world is simply full of people who were taught this practice and continue it to this day.
The thing I want to call your attention to is that with hundreds of millions of people still doing this, and readily available information on the internet that explains the origins of the practice and how prevalent it still is, the makers of the video still seemed to believe that it was smoking gun evidence. They gave this topic a fair amount of time in the video. If they'd spent even a fraction of that time doing a Google search, they'd have realized it's utterly specious and proves nothing.
I think maybe Barely Sociable (who made the video) didn't do much research, and was instead pushing an agenda.
[link] [comments]
source https://www.reddit.com/r/btc/comments/giuee8/just_a_comment_about_the_twospace_thing_in_the/
Bch hard fork may 15 -2 coins?
Will bch holders have both bchn and bchabc coins after fork?
[link] [comments]
source https://www.reddit.com/r/btc/comments/giui9e/bch_hard_fork_may_15_2_coins/
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