Saturday, 14 August 2021

What Will 1 Bitcoin Be Worth In 10 Years?

What Will 1 Bitcoin Be Worth In 10 Years? submitted by /u/bitsteiner
[link] [comments]


Join the Digital Money Revelotion

Join the Digital Money Revelotion submitted by /u/Zunnurayni
[link] [comments]


source https://www.reddit.com/r/btc/comments/p3vfxz/join_the_digital_money_revelotion/

Using Bitcoin Cash I can move money around like it is supposed to be cheap and reliable.

Using Bitcoin Cash I can move money around like it is supposed to be cheap and reliable.

Using Bitcoin Cash I can move money around like it is supposed to be cheap and reliable.

The total cost was less than $0.03 with 25 inputs.

That same transaction would cost me over $9.0 using the fake Bitcoin. And the fees in the fake Bitcoin BTC are cheap right now because no one is using it at the moment, wait until you see $20 for a regular transaction let alone a transaction with many inputs like mine.

https://preview.redd.it/6dss1zbtd7h71.png?width=1280&format=png&auto=webp&s=1ef104310c21c83db82f584bdec0fead031a5b83

submitted by /u/francis105d1
[link] [comments]


source https://www.reddit.com/r/btc/comments/p3vy4x/using_bitcoin_cash_i_can_move_money_around_like/

Fees are going up again in the fake Bitcoin better known as Core Custodians Coin.

Fees are going up again in the fake Bitcoin better known as Core Custodians Coin. submitted by /u/francis105d1
[link] [comments]


source https://www.reddit.com/r/btc/comments/p3vmbr/fees_are_going_up_again_in_the_fake_bitcoin/

It's Fusion Friday!

CashFusion is a privacy protocol for Bitcoin Cash where users mix their coins with each other to make their transactions more private.

With CashFusion, your finances are your business, and no one else's. Over 6 Million Bitcoin Cash has already been made private using this innovative, non-custodial mixing protocol.

https://stats.cash/#/fusion

https://fusionstats.redteam.cash/

You can "Fuse" all week for a few cents in fees if you want. This post is just a weekly reminder. (And it gives users a specific time to coordinate their fusing if they want. The more people using CashFusion at once, the more effective it is!)


New to CashFusion? No problem, getting set up is pretty easy =)

First, download the Electron Cash desktop wallet. It's got CashFusion built in.

Set up your wallet (and be sure to write down your recovery phrase on a physical piece of paper), then activate CashFusion by clicking the icon in the lower right: https://i.imgur.com/DXEPLtf.png

Once it's activated, your wallet will start "fusing" the Bitcoin Cash it contains. Fusions happen over time as their own transactions, and they only cost you the network transactions fees (so less than a penny, usually).

Each fusion transaction will include some of your coins*, so it will take multiple fusion transactions before all the coins in your wallet will be fused. (In the View menu, toggle the "coins tab" to see all of the coins in your wallet. In the "Label" field, fused coins will show CashFusion info.)

Currently, Electron Cash keeps fusing your coins indefinitely. The plan is to eventually allow you to stop fusing automatically after some number of fusions per coin but, until then, there's no downside to leaving it to fuse continuously besides paying the transaction fees. (Every fusion gives you that much more privacy, while also providing "liquidity" for other fusers.)

It may be necessary to split up or join your coins before they will Fuse, depending on their sizes. If you leave CashFusion running and don't see any fusions happening, consider sending your coins to yourself in small amounts to split them up, or sending everything to yourself in one transaction to combine them. (That latter does connect those addresses and reduce your privacy looking "backwards", so whether it's worth trying is up to you.)

Electron Cash does not yet prevent you from spending un-fused coins, nor does it prefer fused coins when spending, so it's probably best to leave it fusing and keep your whole wallet fused, and to pick your coins manually from the Coins tab. If you want that coin-management taken care of for your (and/or you're not comfortable picking from the Coins tab), you can always switch back to CashShuffle for now. (It's in the Optional Features window, accessible from the Tools menu.)

Here's the CashFusion Telegram group where you are welcome to ask questions. (Just remember to be courteous!)

Happy Fusing!! <3

*"Coins" are kind of a confusing concept when it comes to Bitcoin, but you can think of them just like discrete "bills" (or... "coins") in your wallet, but instead of coming in only certain sizes like $1, $5, $10, $20, etc, they can be any amount sent to you in a previous transaction, like 0.618 BCH, 0.000001 BCH, or 123.45679 BCH. (They can also be combined and split up. That happens in most transactions!)

submitted by /u/AD1AD
[link] [comments]

source https://www.reddit.com/r/btc/comments/p3vq51/its_fusion_friday/

~46 million American adults own Bitcoin today

~46 million American adults own Bitcoin today submitted by /u/AdNational7013
[link] [comments]


Summer vibe

Summer vibe submitted by /u/NeedleworkerNo2874
[link] [comments]


What if I did DCA since...

I was wondering what would have happened if I did DCA 100$ (or any currency) weekly since a given date.

So I wrote a little program, just to know every possibilities. For simplicity, I ignored the cents of the price. So if BTC was valued at $999.99, my program said it was only $999

Here are the results if you find it interesting :

  • 2016 January 01 = ratio : 22.81 ( invested : 30200, result : 688801.41 )
  • 2016 January 08 = ratio : 22.53 ( invested : 30100, result : 678134.51 )
  • 2016 January 15 = ratio : 22.26 ( invested : 30000, result : 667823.18 )
  • 2016 January 22 = ratio : 21.94 ( invested : 29900, result : 655864.16 )
  • 2016 January 29 = ratio : 21.61 ( invested : 29800, result : 643874.24 )
  • 2016 February 05 = ratio : 21.27 ( invested : 29700, result : 631598.84 )
  • 2016 February 12 = ratio : 20.92 ( invested : 29600, result : 619225.24 )
  • 2016 February 19 = ratio : 20.59 ( invested : 29500, result : 607357.98 )
  • 2016 February 26 = ratio : 20.30 ( invested : 29400, result : 596739.90 )
  • 2016 March 04 = ratio : 20.00 ( invested : 29300, result : 586023.73 )
  • 2016 March 11 = ratio : 19.67 ( invested : 29200, result : 574306.31 )
  • 2016 March 18 = ratio : 19.35 ( invested : 29100, result : 562988.99 )
  • 2016 March 25 = ratio : 19.02 ( invested : 29000, result : 551671.67 )
  • 2016 April 01 = ratio : 18.70 ( invested : 28900, result : 540517.59 )
  • 2016 April 08 = ratio : 18.38 ( invested : 28800, result : 529443.36 )
  • 2016 April 15 = ratio : 18.06 ( invested : 28700, result : 518369.14 )
  • 2016 April 22 = ratio : 17.75 ( invested : 28600, result : 507652.97 )
  • 2016 April 29 = ratio : 17.45 ( invested : 28500, result : 497454.95 )
  • 2016 May 06 = ratio : 17.16 ( invested : 28400, result : 487234.47 )
  • 2016 May 13 = ratio : 16.86 ( invested : 28300, result : 477169.17 )
  • 2016 May 20 = ratio : 16.56 ( invested : 28200, result : 467037.95 )
  • 2016 May 27 = ratio : 16.25 ( invested : 28100, result : 456634.14 )
  • 2016 June 03 = ratio : 15.99 ( invested : 28000, result : 447762.05 )
  • 2016 June 10 = ratio : 15.76 ( invested : 27900, result : 439706.32 )
  • 2016 June 17 = ratio : 15.54 ( invested : 27800, result : 432087.11 )
  • 2016 June 24 = ratio : 15.38 ( invested : 27700, result : 425965.61 )
  • 2016 July 01 = ratio : 15.18 ( invested : 27600, result : 419070.96 )
  • 2016 July 08 = ratio : 15.00 ( invested : 27500, result : 412479.91 )
  • 2016 July 15 = ratio : 14.80 ( invested : 27400, result : 405417.35 )
  • 2016 July 22 = ratio : 14.60 ( invested : 27300, result : 398450.23 )
  • 2016 July 29 = ratio : 14.39 ( invested : 27200, result : 391387.68 )
  • 2016 August 05 = ratio : 14.18 ( invested : 27100, result : 384303.55 )
  • 2016 August 12 = ratio : 13.94 ( invested : 27000, result : 376452.28 )
  • 2016 August 19 = ratio : 13.70 ( invested : 26900, result : 368534.03 )
  • 2016 August 26 = ratio : 13.45 ( invested : 26800, result : 360547.62 )
  • 2016 September 02 = ratio : 13.20 ( invested : 26700, result : 352407.10 )
  • 2016 September 09 = ratio : 12.96 ( invested : 26600, result : 344673.60 )
  • 2016 September 16 = ratio : 12.73 ( invested : 26500, result : 337225.60 )
  • 2016 September 23 = ratio : 12.48 ( invested : 26400, result : 329581.29 )
  • 2016 September 30 = ratio : 12.24 ( invested : 26300, result : 321886.26 )
  • 2016 October 07 = ratio : 12.00 ( invested : 26200, result : 314341.38 )
  • 2016 October 14 = ratio : 11.76 ( invested : 26100, result : 306845.26 )
  • 2016 October 21 = ratio : 11.52 ( invested : 26000, result : 299572.38 )
  • 2016 October 28 = ratio : 11.29 ( invested : 25900, result : 292455.66 )
  • 2016 November 04 = ratio : 11.08 ( invested : 25800, result : 285956.92 )
  • 2016 November 11 = ratio : 10.87 ( invested : 25700, result : 279384.54 )
  • 2016 November 18 = ratio : 10.66 ( invested : 25600, result : 272793.49 )
  • 2016 November 25 = ratio : 10.46 ( invested : 25500, result : 266606.69 )
  • 2016 December 02 = ratio : 10.25 ( invested : 25400, result : 260293.63 )
  • 2016 December 09 = ratio : 10.05 ( invested : 25300, result : 254236.06 )
  • 2016 December 16 = ratio : 09.85 ( invested : 25200, result : 248248.83 )
  • 2016 December 23 = ratio : 09.66 ( invested : 25100, result : 242360.38 )
  • 2016 December 30 = ratio : 09.49 ( invested : 25000, result : 237152.63 )
  • 2017 January 06 = ratio : 09.33 ( invested : 24900, result : 232383.77 )
  • 2017 January 13 = ratio : 09.16 ( invested : 24800, result : 227279.15 )
  • 2017 January 20 = ratio : 08.97 ( invested : 24700, result : 221675.17 )
  • 2017 January 27 = ratio : 08.81 ( invested : 24600, result : 216658.84 )
  • 2017 February 03 = ratio : 08.64 ( invested : 24500, result : 211637.09 )
  • 2017 February 10 = ratio : 08.49 ( invested : 24400, result : 207153.90 )
  • 2017 February 17 = ratio : 08.34 ( invested : 24300, result : 202595.85 )
  • 2017 February 24 = ratio : 08.19 ( invested : 24200, result : 198226.64 )
  • 2017 March 03 = ratio : 08.06 ( invested : 24100, result : 194219.64 )
  • 2017 March 10 = ratio : 07.94 ( invested : 24000, result : 190574.63 )
  • 2017 March 17 = ratio : 07.81 ( invested : 23900, result : 186668.82 )
  • 2017 March 24 = ratio : 07.64 ( invested : 23800, result : 181885.22 )
  • 2017 March 31 = ratio : 07.47 ( invested : 23700, result : 177066.84 )
  • 2017 April 07 = ratio : 07.32 ( invested : 23600, result : 172817.66 )
  • 2017 April 14 = ratio : 07.19 ( invested : 23500, result : 168898.66 )
  • 2017 April 21 = ratio : 07.05 ( invested : 23400, result : 164959.69 )
  • 2017 April 28 = ratio : 06.92 ( invested : 23300, result : 161238.68 )
  • 2017 May 05 = ratio : 06.80 ( invested : 23200, result : 157839.34 )
  • 2017 May 12 = ratio : 06.71 ( invested : 23100, result : 154911.83 )
  • 2017 May 19 = ratio : 06.62 ( invested : 23000, result : 152322.49 )
  • 2017 May 26 = ratio : 06.55 ( invested : 22900, result : 150067.83 )
  • 2017 June 02 = ratio : 06.48 ( invested : 22800, result : 147857.20 )
  • 2017 June 09 = ratio : 06.43 ( invested : 22700, result : 146036.13 )
  • 2017 June 16 = ratio : 06.39 ( invested : 22600, result : 144453.02 )
  • 2017 June 23 = ratio : 06.34 ( invested : 22500, result : 142691.40 )
  • 2017 June 30 = ratio : 06.29 ( invested : 22400, result : 140888.72 )
  • 2017 July 07 = ratio : 06.23 ( invested : 22300, result : 138973.70 )
  • 2017 July 14 = ratio : 06.18 ( invested : 22200, result : 137161.86 )
  • 2017 July 21 = ratio : 06.10 ( invested : 22100, result : 134799.29 )
  • 2017 July 28 = ratio : 06.05 ( invested : 22000, result : 133156.77 )
  • 2017 August 04 = ratio : 06.00 ( invested : 21900, result : 131438.22 )
  • 2017 August 11 = ratio : 05.96 ( invested : 21800, result : 130007.41 )
  • 2017 August 18 = ratio : 05.94 ( invested : 21700, result : 128809.66 )
  • 2017 August 25 = ratio : 05.91 ( invested : 21600, result : 127693.45 )
  • 2017 September 01 = ratio : 05.89 ( invested : 21500, result : 126625.28 )
  • 2017 September 08 = ratio : 05.87 ( invested : 21400, result : 125627.20 )
  • 2017 September 15 = ratio : 05.85 ( invested : 21300, result : 124556.57 )
  • 2017 September 22 = ratio : 05.82 ( invested : 21200, result : 123311.24 )
  • 2017 September 29 = ratio : 05.79 ( invested : 21100, result : 122085.97 )
  • 2017 October 06 = ratio : 05.76 ( invested : 21000, result : 121016.58 )
  • 2017 October 13 = ratio : 05.74 ( invested : 20900, result : 119967.97 )
  • 2017 October 20 = ratio : 05.73 ( invested : 20800, result : 119170.56 )
  • 2017 October 27 = ratio : 05.72 ( invested : 20700, result : 118400.29 )
  • 2017 November 03 = ratio : 05.71 ( invested : 20600, result : 117593.60 )
  • 2017 November 10 = ratio : 05.71 ( invested : 20500, result : 116967.57 )
  • 2017 November 17 = ratio : 05.70 ( invested : 20400, result : 116236.39 )
  • 2017 November 24 = ratio : 05.70 ( invested : 20300, result : 115639.74 )
  • 2017 December 01 = ratio : 05.70 ( invested : 20200, result : 115112.16 )
  • 2017 December 08 = ratio : 05.71 ( invested : 20100, result : 114687.63 )
  • 2017 December 15 = ratio : 05.72 ( invested : 20000, result : 114384.53 )
  • 2017 December 22 = ratio : 05.74 ( invested : 19900, result : 114148.40 )
  • 2017 December 29 = ratio : 05.75 ( invested : 19800, result : 113840.60 )
  • 2018 January 05 = ratio : 05.76 ( invested : 19700, result : 113479.19 )
  • 2018 January 12 = ratio : 05.78 ( invested : 19600, result : 113207.81 )
  • 2018 January 19 = ratio : 05.79 ( invested : 19500, result : 112880.74 )
  • 2018 January 26 = ratio : 05.80 ( invested : 19400, result : 112517.15 )
  • 2018 February 02 = ratio : 05.81 ( invested : 19300, result : 112107.21 )
  • 2018 February 09 = ratio : 05.81 ( invested : 19200, result : 111605.04 )
  • 2018 February 16 = ratio : 05.81 ( invested : 19100, result : 111062.15 )
  • 2018 February 23 = ratio : 05.82 ( invested : 19000, result : 110644.91 )
  • 2018 March 02 = ratio : 05.83 ( invested : 18900, result : 110165.95 )
  • 2018 March 09 = ratio : 05.84 ( invested : 18800, result : 109760.07 )
  • 2018 March 16 = ratio : 05.84 ( invested : 18700, result : 109232.48 )
  • 2018 March 23 = ratio : 05.84 ( invested : 18600, result : 108641.92 )
  • 2018 March 30 = ratio : 05.84 ( invested : 18500, result : 108098.00 )
  • 2018 April 06 = ratio : 05.84 ( invested : 18400, result : 107428.24 )
  • 2018 April 13 = ratio : 05.83 ( invested : 18300, result : 106755.18 )
  • 2018 April 20 = ratio : 05.83 ( invested : 18200, result : 106175.39 )
  • 2018 April 27 = ratio : 05.84 ( invested : 18100, result : 105654.90 )
  • 2018 May 04 = ratio : 05.84 ( invested : 18000, result : 105157.52 )
  • 2018 May 11 = ratio : 05.85 ( invested : 17900, result : 104684.04 )
  • 2018 May 18 = ratio : 05.85 ( invested : 17800, result : 104136.53 )
  • 2018 May 25 = ratio : 05.85 ( invested : 17700, result : 103573.07 )
  • 2018 June 01 = ratio : 05.85 ( invested : 17600, result : 102940.65 )
  • 2018 June 08 = ratio : 05.85 ( invested : 17500, result : 102332.99 )
  • 2018 June 15 = ratio : 05.85 ( invested : 17400, result : 101713.98 )
  • 2018 June 22 = ratio : 05.84 ( invested : 17300, result : 100998.36 )
  • 2018 June 29 = ratio : 05.83 ( invested : 17200, result : 100247.29 )
  • 2018 July 06 = ratio : 05.82 ( invested : 17100, result : 99520.34 )
  • 2018 July 13 = ratio : 05.81 ( invested : 17000, result : 98833.22 )
  • 2018 July 20 = ratio : 05.80 ( invested : 16900, result : 98090.57 )
  • 2018 July 27 = ratio : 05.80 ( invested : 16800, result : 97464.21 )
  • 2018 August 03 = ratio : 05.80 ( invested : 16700, result : 96900.27 )
  • 2018 August 10 = ratio : 05.80 ( invested : 16600, result : 96237.87 )
  • 2018 August 17 = ratio : 05.79 ( invested : 16500, result : 95493.67 )
  • 2018 August 24 = ratio : 05.78 ( invested : 16400, result : 94768.20 )
  • 2018 August 31 = ratio : 05.77 ( invested : 16300, result : 94079.45 )
  • 2018 September 07 = ratio : 05.77 ( invested : 16200, result : 93434.18 )
  • 2018 September 14 = ratio : 05.76 ( invested : 16100, result : 92684.33 )
  • 2018 September 21 = ratio : 05.75 ( invested : 16000, result : 91972.44 )
  • 2018 September 28 = ratio : 05.74 ( invested : 15900, result : 91280.61 )
  • 2018 October 05 = ratio : 05.73 ( invested : 15800, result : 90575.53 )
  • 2018 October 12 = ratio : 05.72 ( invested : 15700, result : 89867.34 )
  • 2018 October 19 = ratio : 05.71 ( invested : 15600, result : 89118.45 )
  • 2018 October 26 = ratio : 05.70 ( invested : 15500, result : 88395.02 )
  • 2018 November 02 = ratio : 05.69 ( invested : 15400, result : 87671.02 )
  • 2018 November 09 = ratio : 05.68 ( invested : 15300, result : 86938.10 )
  • 2018 November 16 = ratio : 05.67 ( invested : 15200, result : 86207.03 )
  • 2018 November 23 = ratio : 05.65 ( invested : 15100, result : 85363.99 )
  • 2018 November 30 = ratio : 05.61 ( invested : 15000, result : 84134.50 )
  • 2018 December 07 = ratio : 05.57 ( invested : 14900, result : 83014.25 )
  • 2018 December 08 = ratio : 05.52 ( invested : 14800, result : 81649.91 )
  • 2018 December 14 = ratio : 05.46 ( invested : 14700, result : 80285.18 )
  • 2018 December 15 = ratio : 05.40 ( invested : 14600, result : 78827.40 )
  • 2018 December 21 = ratio : 05.34 ( invested : 14500, result : 77369.62 )
  • 2018 December 22 = ratio : 05.29 ( invested : 14400, result : 76203.77 )
  • 2018 December 28 = ratio : 05.25 ( invested : 14300, result : 75035.57 )
  • 2018 December 29 = ratio : 05.20 ( invested : 14200, result : 73791.24 )
  • 2019 January 04 = ratio : 05.15 ( invested : 14100, result : 72546.91 )
  • 2019 January 05 = ratio : 05.09 ( invested : 14000, result : 71325.19 )
  • 2019 January 11 = ratio : 05.04 ( invested : 13900, result : 70103.47 )
  • 2019 January 12 = ratio : 04.99 ( invested : 13800, result : 68821.32 )
  • 2019 January 18 = ratio : 04.93 ( invested : 13700, result : 67539.52 )
  • 2019 January 19 = ratio : 04.87 ( invested : 13600, result : 66279.31 )
  • 2019 January 25 = ratio : 04.82 ( invested : 13500, result : 65019.10 )
  • 2019 January 26 = ratio : 04.75 ( invested : 13400, result : 63714.23 )
  • 2019 February 01 = ratio : 04.69 ( invested : 13300, result : 62409.37 )
  • 2019 February 02 = ratio : 04.63 ( invested : 13200, result : 61071.39 )
  • 2019 February 08 = ratio : 04.56 ( invested : 13100, result : 59713.45 )
  • 2019 February 15 = ratio : 04.49 ( invested : 13000, result : 58432.71 )
  • 2019 February 22 = ratio : 04.43 ( invested : 12900, result : 57137.32 )
  • 2019 March 01 = ratio : 04.38 ( invested : 12800, result : 56008.34 )
  • 2019 March 08 = ratio : 04.31 ( invested : 12700, result : 54790.15 )
  • 2019 March 15 = ratio : 04.25 ( invested : 12600, result : 53605.54 )
  • 2019 March 22 = ratio : 04.20 ( invested : 12500, result : 52442.61 )
  • 2019 March 29 = ratio : 04.14 ( invested : 12400, result : 51277.63 )
  • 2019 April 05 = ratio : 04.08 ( invested : 12300, result : 50144.24 )
  • 2019 April 12 = ratio : 04.03 ( invested : 12200, result : 49225.23 )
  • 2019 April 19 = ratio : 03.99 ( invested : 12100, result : 48309.30 )
  • 2019 April 26 = ratio : 03.95 ( invested : 12000, result : 47436.94 )
  • 2019 May 03 = ratio : 03.91 ( invested : 11900, result : 46539.43 )
  • 2019 May 10 = ratio : 03.88 ( invested : 11800, result : 45735.25 )
  • 2019 May 17 = ratio : 03.85 ( invested : 11700, result : 45092.85 )
  • 2019 May 24 = ratio : 03.83 ( invested : 11600, result : 44453.89 )
  • 2019 May 31 = ratio : 03.82 ( invested : 11500, result : 43878.41 )
  • 2019 June 07 = ratio : 03.80 ( invested : 11400, result : 43336.22 )
  • 2019 June 14 = ratio : 03.78 ( invested : 11300, result : 42751.08 )
  • 2019 June 21 = ratio : 03.77 ( invested : 11200, result : 42227.37 )
  • 2019 June 28 = ratio : 03.77 ( invested : 11100, result : 41792.33 )
  • 2019 July 05 = ratio : 03.76 ( invested : 11000, result : 41401.26 )
  • 2019 July 12 = ratio : 03.76 ( invested : 10900, result : 40988.33 )
  • 2019 July 19 = ratio : 03.76 ( invested : 10800, result : 40580.23 )
  • 2019 July 26 = ratio : 03.75 ( invested : 10700, result : 40149.03 )
  • 2019 August 02 = ratio : 03.74 ( invested : 10600, result : 39659.52 )
  • 2019 August 09 = ratio : 03.74 ( invested : 10500, result : 39230.68 )
  • 2019 August 16 = ratio : 03.73 ( invested : 10400, result : 38819.32 )
  • 2019 August 23 = ratio : 03.72 ( invested : 10300, result : 38365.07 )
  • 2019 August 30 = ratio : 03.72 ( invested : 10200, result : 37907.79 )
  • 2019 September 06 = ratio : 03.71 ( invested : 10100, result : 37424.44 )
  • 2019 September 13 = ratio : 03.70 ( invested : 10000, result : 36981.85 )
  • 2019 September 20 = ratio : 03.69 ( invested : 9900, result : 36533.97 )
  • 2019 September 27 = ratio : 03.68 ( invested : 9800, result : 36068.80 )
  • 2019 October 04 = ratio : 03.66 ( invested : 9700, result : 35504.10 )
  • 2019 October 11 = ratio : 03.64 ( invested : 9600, result : 34934.55 )
  • 2019 October 18 = ratio : 03.62 ( invested : 9500, result : 34376.11 )
  • 2019 October 25 = ratio : 03.60 ( invested : 9400, result : 33793.55 )
  • 2019 November 01 = ratio : 03.58 ( invested : 9300, result : 33292.40 )
  • 2019 November 08 = ratio : 03.56 ( invested : 9200, result : 32793.90 )
  • 2019 November 15 = ratio : 03.55 ( invested : 9100, result : 32267.21 )
  • 2019 November 22 = ratio : 03.52 ( invested : 9000, result : 31720.03 )
  • 2019 November 29 = ratio : 03.49 ( invested : 8900, result : 31087.00 )
  • 2019 December 06 = ratio : 03.46 ( invested : 8800, result : 30472.50 )
  • 2019 December 13 = ratio : 03.43 ( invested : 8700, result : 29853.82 )
  • 2019 December 20 = ratio : 03.40 ( invested : 8600, result : 29197.61 )
  • 2019 December 27 = ratio : 03.36 ( invested : 8500, result : 28548.00 )
  • 2020 January 03 = ratio : 03.32 ( invested : 8400, result : 27912.37 )
  • 2020 January 10 = ratio : 03.29 ( invested : 8300, result : 27280.81 )
  • 2020 January 17 = ratio : 03.26 ( invested : 8200, result : 26702.32 )
  • 2020 January 24 = ratio : 03.23 ( invested : 8100, result : 26181.48 )
  • 2020 January 31 = ratio : 03.20 ( invested : 8000, result : 25624.18 )
  • 2020 February 07 = ratio : 03.18 ( invested : 7900, result : 25129.61 )
  • 2020 February 14 = ratio : 03.16 ( invested : 7800, result : 24661.15 )
  • 2020 February 21 = ratio : 03.14 ( invested : 7700, result : 24192.97 )
  • 2020 February 28 = ratio : 03.12 ( invested : 7600, result : 23713.02 )
  • 2020 March 06 = ratio : 03.09 ( invested : 7500, result : 23170.70 )
  • 2020 March 13 = ratio : 03.06 ( invested : 7400, result : 22649.40 )
  • 2020 March 20 = ratio : 02.98 ( invested : 7300, result : 21751.03 )
  • 2020 March 27 = ratio : 02.92 ( invested : 7200, result : 21002.38 )
  • 2020 April 03 = ratio : 02.85 ( invested : 7100, result : 20260.09 )
  • 2020 April 10 = ratio : 02.80 ( invested : 7000, result : 19585.07 )
  • 2020 April 17 = ratio : 02.74 ( invested : 6900, result : 18911.51 )
  • 2020 April 24 = ratio : 02.69 ( invested : 6800, result : 18271.85 )
  • 2020 May 01 = ratio : 02.64 ( invested : 6700, result : 17656.70 )
  • 2020 May 08 = ratio : 02.60 ( invested : 6600, result : 17140.27 )
  • 2020 May 15 = ratio : 02.56 ( invested : 6500, result : 16654.80 )
  • 2020 May 22 = ratio : 02.53 ( invested : 6400, result : 16160.28 )
  • 2020 May 29 = ratio : 02.48 ( invested : 6300, result : 15654.66 )
  • 2020 June 05 = ratio : 02.45 ( invested : 6200, result : 15175.76 )
  • 2020 June 12 = ratio : 02.41 ( invested : 6100, result : 14695.41 )
  • 2020 June 19 = ratio : 02.37 ( invested : 6000, result : 14205.69 )
  • 2020 June 26 = ratio : 02.32 ( invested : 5900, result : 13709.69 )
  • 2020 July 03 = ratio : 02.27 ( invested : 5800, result : 13194.24 )
  • 2020 July 10 = ratio : 02.23 ( invested : 5700, result : 12686.24 )
  • 2020 July 17 = ratio : 02.18 ( invested : 5600, result : 12183.79 )
  • 2020 July 24 = ratio : 02.12 ( invested : 5500, result : 11678.06 )
  • 2020 July 31 = ratio : 02.07 ( invested : 5400, result : 11199.50 )
  • 2020 August 07 = ratio : 02.04 ( invested : 5300, result : 10806.60 )
  • 2020 August 14 = ratio : 02.00 ( invested : 5200, result : 10412.50 )
  • 2020 August 21 = ratio : 01.96 ( invested : 5100, result : 10021.23 )
  • 2020 August 28 = ratio : 01.92 ( invested : 5000, result : 9624.10 )
  • 2020 September 04 = ratio : 01.88 ( invested : 4900, result : 9219.70 )
  • 2020 September 11 = ratio : 01.83 ( invested : 4800, result : 8763.36 )
  • 2020 September 18 = ratio : 01.77 ( invested : 4700, result : 8319.11 )
  • 2020 September 25 = ratio : 01.72 ( invested : 4600, result : 7900.33 )
  • 2020 October 02 = ratio : 01.66 ( invested : 4500, result : 7468.09 )
  • 2020 October 09 = ratio : 01.60 ( invested : 4400, result : 7028.31 )
  • 2020 October 16 = ratio : 01.54 ( invested : 4300, result : 6617.76 )
  • 2020 October 23 = ratio : 01.48 ( invested : 4200, result : 6209.55 )
  • 2020 October 30 = ratio : 01.43 ( invested : 4100, result : 5856.10 )
  • 2020 November 06 = ratio : 01.38 ( invested : 4000, result : 5519.93 )
  • 2020 November 13 = ratio : 01.34 ( invested : 3900, result : 5207.13 )
  • 2020 November 20 = ratio : 01.29 ( invested : 3800, result : 4918.60 )
  • 2020 November 27 = ratio : 01.26 ( invested : 3700, result : 4670.71 )
  • 2020 December 04 = ratio : 01.22 ( invested : 3600, result : 4408.90 )
  • 2020 December 11 = ratio : 01.19 ( invested : 3500, result : 4166.40 )
  • 2020 December 18 = ratio : 01.15 ( invested : 3400, result : 3919.73 )
  • 2020 December 25 = ratio : 01.13 ( invested : 3300, result : 3725.38 )
  • 2021 January 01 = ratio : 01.11 ( invested : 3200, result : 3550.11 )
  • 2021 January 08 = ratio : 01.10 ( invested : 3100, result : 3405.78 )
  • 2021 January 15 = ratio : 01.10 ( invested : 3000, result : 3290.52 )
  • 2021 January 22 = ratio : 01.09 ( invested : 2900, result : 3162.34 )
  • 2021 January 29 = ratio : 01.08 ( invested : 2800, result : 3017.85 )
  • 2021 February 05 = ratio : 01.07 ( invested : 2700, result : 2882.81 )
  • 2021 February 12 = ratio : 01.06 ( invested : 2600, result : 2764.64 )
  • 2021 February 19 = ratio : 01.07 ( invested : 2500, result : 2666.42 )
  • 2021 February 26 = ratio : 01.08 ( invested : 2400, result : 2583.71 )
  • 2021 March 05 = ratio : 01.08 ( invested : 2300, result : 2483.25 )
  • 2021 March 12 = ratio : 01.09 ( invested : 2200, result : 2388.38 )
  • 2021 March 19 = ratio : 01.10 ( invested : 2100, result : 2312.67 )
  • 2021 March 26 = ratio : 01.12 ( invested : 2000, result : 2232.84 )
  • 2021 April 02 = ratio : 01.13 ( invested : 1900, result : 2149.80 )
  • 2021 April 09 = ratio : 01.15 ( invested : 1800, result : 2068.53 )
  • 2021 April 16 = ratio : 01.17 ( invested : 1700, result : 1990.91 )
  • 2021 April 23 = ratio : 01.20 ( invested : 1600, result : 1913.75 )
  • 2021 April 30 = ratio : 01.21 ( invested : 1500, result : 1821.04 )
  • 2021 May 07 = ratio : 01.24 ( invested : 1400, result : 1740.84 )
  • 2021 May 14 = ratio : 01.28 ( invested : 1300, result : 1662.14 )
  • 2021 May 21 = ratio : 01.30 ( invested : 1200, result : 1562.98 )
  • 2021 May 28 = ratio : 01.31 ( invested : 1100, result : 1439.56 )
  • 2021 June 04 = ratio : 01.31 ( invested : 1000, result : 1305.52 )
  • 2021 June 11 = ratio : 01.31 ( invested : 900, result : 1174.93 )
  • 2021 June 18 = ratio : 01.31 ( invested : 800, result : 1044.28 )
  • 2021 June 25 = ratio : 01.31 ( invested : 700, result : 913.51 )
  • 2021 July 02 = ratio : 01.28 ( invested : 600, result : 769.75 )
  • 2021 July 09 = ratio : 01.27 ( invested : 500, result : 635.96 )
  • 2021 July 16 = ratio : 01.24 ( invested : 400, result : 497.51 )
  • 2021 July 23 = ratio : 01.17 ( invested : 300, result : 350.56 )
  • 2021 July 30 = ratio : 01.08 ( invested : 200, result : 215.09 )
  • 2021 August 06 = ratio : 01.04 ( invested : 100, result : 103.81 )
  • 2021 August 13 = ratio : 01.00 ( invested : 100, result : 100.00 )
submitted by /u/jojothehodler
[link] [comments]

Article discusses how Bcore transformed from a medium of exchange to a banker speculative asset. Doesn't even mention BCH as an alternative.

Article discusses how Bcore transformed from a medium of exchange to a banker speculative asset. Doesn't even mention BCH as an alternative. submitted by /u/skanderbeg7
[link] [comments]


source https://www.reddit.com/r/btc/comments/p3un2k/article_discusses_how_bcore_transformed_from_a/

8.5 BCH for tx

8.5 BCH for tx submitted by /u/Key_Science_
[link] [comments]


source https://www.reddit.com/r/btc/comments/p3ukw9/85_bch_for_tx/

It just got harder and less profitable to mine for bitcoin as algorithm adjusts

It just got harder and less profitable to mine for bitcoin as algorithm adjusts submitted by /u/SterMARt
[link] [comments]


SmartBitcoinCash is working

submitted by /u/OrientWind
[link] [comments]

source https://www.reddit.com/r/btc/comments/p3t47a/smartbitcoincash_is_working/

Mark Cuban says dogecoin, NOT bitcoin, is the ‘strongest’ cryptocurrency as a medium of exchange

Mark Cuban says dogecoin, NOT bitcoin, is the ‘strongest’ cryptocurrency as a medium of exchange submitted by /u/ShotBot
[link] [comments]


source https://www.reddit.com/r/btc/comments/p3t7wx/mark_cuban_says_dogecoin_not_bitcoin_is_the/

Lost all my bitcoin in a boating accident.

Just wanted to let everyone know.

submitted by /u/beyond_the_obvious
[link] [comments]

Once-in-Lifetime Opportunity — $1,000 Invested in Bitcoin Ten Years Ago Is Now $4,669,480

Once-in-Lifetime Opportunity — $1,000 Invested in Bitcoin Ten Years Ago Is Now $4,669,480 submitted by /u/sylsau
[link] [comments]


One of the Caribbean's largest conglomerates is entering the crypto market.

One of the Caribbean's largest conglomerates is entering the crypto market. submitted by /u/sallymay15
[link] [comments]


I risked it all on BTC

I’ve been DCA into Bitcoin pretty regularly for a few years, nothing crazy just a few hundred here and there. But that all changed last year when I finally dug deep and realized it’s true power. Against everyone’s advice and some common sense I pulled out my entire 401k and put it into this gift from the Gods. I’ve been trying to spread the word of bitcoin to friends and coworkers but they all looked at me as the guy with the tin foil hat. Once I told and showed them what I had done, I was no longer the guy in the tin foil hat. I was beyond that. But something interesting happened. Over time more and more of them became curious on how I would be so stupid yet so daring and risky. So they finally opened up and actually listened to what bitcoin is all about.

Im kinda high so I don’t even remember where I was going with this post. But I never looked back after putting it all into bitcoin!!

submitted by /u/msnbarca11
[link] [comments]

How would BTC work as legal tender in countries for buying day to day goods?

Sorry if this is a really dumb question and there’s already a well known answer that i’m somehow not realising but with the news of Argentina’s president considering following El Salvador in their BTC adoption I was left wondering how this will work.

I don’t even mean like large scale how will the system work but more so price for things in stores etc, would a chocolate bar be priced at 0.00002145BTC, would everything just be priced with many decimal places or would the price be shown in dollars but just paid for in BTC?

Again apologies if a silly question but just curious if anyone has any ideas.

Thanks for any answers in advance.

submitted by /u/GueraGoesGreen
[link] [comments]

source https://www.reddit.com/r/btc/comments/p3s611/how_would_btc_work_as_legal_tender_in_countries/

Decred, which looks like a BCH rip-off with a 10% devtax added, has performed 5x better than BCH over the past year.

Decred, which looks like a BCH rip-off with a 10% devtax added, has performed 5x better than BCH over the past year. submitted by /u/steeevemadden
[link] [comments]


source https://www.reddit.com/r/btc/comments/p3rwa8/decred_which_looks_like_a_bch_ripoff_with_a_10/

Thanks to that guy that bought pizza with Bitcoin in what was one of the first purchases with cryptocurrency, helping the community grow & ultimately bringing the blockchain to the masses. Brought To You By: That Hill @ That-Hill.github.io

Thanks to that guy that bought pizza with Bitcoin in what was one of the first purchases with cryptocurrency, helping the community grow & ultimately bringing the blockchain to the masses. Brought To You By: That Hill @ That-Hill.github.io submitted by /u/acidsiefer
[link] [comments]


source https://www.reddit.com/r/btc/comments/p3rqxq/thanks_to_that_guy_that_bought_pizza_with_bitcoin/

CryptoWoo Flipstarter - A seamless non-custodial and self-hosted payment gateway for WooCommerce

Please consider supporting our Flipstarter campaign: https://funding.cryptowoo.com

CryptoWoo enables WooCommerce users to easily accept Bitcoin Cash payments directly to their own wallet without middleman fees, iframes/redirections, wallet usage limits, or product restrictions.

WooCommerce is an open-source, completely customizable eCommerce platform for entrepreneurs worldwide. It leads as the most popular choice among the top million e-commerce sites, ahead of both Magento and Shopify.

Some of the goals of this Flipstarter:

  • Add Bitcoin Cash into the main plugin instead of keeping it as a separate add-on for even faster and seamless integration of BCH.
  • Add BCH double-spend proofs for even safer zeroconf.
  • Add SideShift and SimpleSwap so merchants can take payment in more cryptocurrencies while receiving BCH into their wallets.
  • Add SLP token support. This will make CryptoWoo one of the first WooCommerce plugins to support Bitcoin Cash SLP tokens.

A more long-term goal is also getting listed in the WordPress Plugin Directory for better exposure, ease of upgrade, clear statistics and reviews, and improved credibility.

You may see all goals and pledge at https://funding.cryptowoo.com.

submitted by /u/OlavOlsm
[link] [comments]

source https://www.reddit.com/r/btc/comments/p3rqbi/cryptowoo_flipstarter_a_seamless_noncustodial_and/

BTC Can't Even Muster Feeble 1MB Blocks Anymore

https://bitinfocharts.com/comparison/bitcoin-size.html#3m

The mempool is mostly empty:

https://jochen-hoenicke.de/queue/#0,2w

Yet the average fee is STILL $2/transaction

https://bitinfocharts.com/comparison/transactionfees-btc-bch.html#3m

Note the red line at the bottom of the chart, that is the average BCH fee.

Yet I've got retards telling me "BTC volume crushes BCH". It's almost looking like people are waking up and smelling the coffee.

submitted by /u/wtfCraigwtf
[link] [comments]

source https://www.reddit.com/r/btc/comments/p3qcb0/btc_cant_even_muster_feeble_1mb_blocks_anymore/

Draghi, Sound Money and Bitcoin Cash

An essay about two visions on money: the mainstream one and the common people one. While central planners cast illusions to keep alive the fiat money scam, common people are awakening in front of the reality. Remember: there is the reality in which central planners believe, and then there is the REAL reality.

https://read.cash/@Melis/draghi-sound-money-and-bitcoin-cash-954f45d8

submitted by /u/Freedonia85
[link] [comments]

source https://www.reddit.com/r/btc/comments/p3r2ts/draghi_sound_money_and_bitcoin_cash/

Friday, 13 August 2021

@Jack hinting to linking twitter account to Lightning wallet....

@Jack hinting to linking twitter account to Lightning wallet.... submitted by /u/GUOLJa
[link] [comments]


Is SatoshiDice.com Still Fair?

Is SatoshiDice.com Still Fair?

On 20th July, Satoshidice made a big change on their website by decreasing the winning number drastically.

Following are the changes:

https://preview.redd.it/spgcqbnwpzg71.jpg?width=739&format=pjpg&auto=webp&s=b3cdf40102a639ac8cc44a799bfebcb663284c41

As a daily player, I notice that one of the player was winning almost 50+ BCH per day from betting on x25, x3 and 1.5.

During the time Satoshi Dice had around 450 BCH in their wallet, and as the player was aiming for max win return (10 BCH). Therefore, in 4-to-5-day course the player cleared out the Satoshi Dice wallet to around 5 BCH and transferred to his address.

NOTE: This is the player address: “qz37fjswavhu2q88eu5y378kfnl752xul5vf23wnua”

https://blockchair.com/bitcoin-cash/address/qz37fjswavhu2q88eu5y378kfnl752xul5vf23wnua

I do play and observe the site on daily basis and notice a significant change on site as none of the players seems to get back their own initials on their bets. – See attached image (captured on: 12/08/2021)

https://preview.redd.it/bpresfnypzg71.jpg?width=942&format=pjpg&auto=webp&s=974878138919747c71d3ca67e955e1e83dfccd08

https://preview.redd.it/xot4fgk0qzg71.jpg?width=935&format=pjpg&auto=webp&s=9a8f351c6559e77fa33ec8d4154fe1b342a9085b

The reason my claim for this is because after the changes in the site, the same player lost around 80% of their winning in just few days which helped Satoshi dice recovered more than the amount they lost in less than a week. Currently they have 520+ BCH in their main wallet.

SatoshiDice Main_Wallet =

https://blockchair.com/bitcoin-cash/address/qz9cq5m250zxqfvvm2p5hp4yv7rung4shukgcguxjd

Since the changes has been made, it seems like the dice is no longer fair.

To support my claim on this, I tried to dig deeper and captured my own live bets on which I found the number has been decreased also, does not match the percent shown on the website.

The followings are the win rates before and after the changes made on site:

% Shown in site for x1000= 0.10%

% Captured on live bet for x1000 = % Before changes = 0.000991

% Captured on live bet for x1000 = % After changes = 0.000976

As seen above, the site shows 0.10% winning change in x1000, however my research on it shows the winning percent was only “0.000991” before the changes were made but, after the changes even though the number did not change a lot “0.000976” it is not fair to provide false information to players as it is no where near 0.10%.

Please see the captured data information below: -

% Captured on live bet for x1000 before the changes made on site:

bet: 65

betAmount: 0.002

broadcasted: true

depositTxHash: "8e893580e81f040dfcf6ff62f26b0fa4f10efd40e380440ab0a698dc89939bda"

id: 2700486

jackpotWin: 0

jackpotWon: false

overmax: false

payout: 2

payoutTxHash: "c11df44c4d331f27351ac1a965aa5c9584579a1862bb834fef1638de73e3c53d"

paytable: 28

playerAddress: "1HEzMdNN6t48zCzef5qJhBDP6fp8TbftJH"

progressiveContribution: 0

randomSeed: "3f6f53efe94c31f524dbad8d639ad99fa53b33042cc4ca0f84e17e65f42acb27"

refunded: 0

roll: 47

serverSeedHash: "277ca0b480f1937d9c7def989b1d315a65e1267b0d43af16747b9ce9b26074a3"

status: 3

timestamp: "Jan 12, 2021 6:20:54 AM"

timestampUnix: 1610432454694

valid: true

vout: 0

win: true

winChance: 0.000991

type: "event"

% Captured on live bet for x1000 after the changes made on site:

{

"game": {

"serverSeedHash": "6624aa45d902233a0a34bff96b6fc9fd114534a5d87a0d0dcb3e275767e1b240",

"winChance": 0.000976,

"overmax": false,

"roll": 9,

"payout": 1,

"broadcasted": true,

"payoutTxHash": "0b619bfa8cefd8e820f92812ecd7a5e382089560127a8db12cfdb0d652571c86",

"playerAddress": "1E8z59uZLm7kFXpDbGUqg752pJAbyF53o5",

"paytable": 41,

"vout": 2640,

"randomSeed": "c999348a0a9eb3668f96b8c28211f07a658a2cb84c76076e7bdaa8d50a7946b7",

"bet": 64,

"valid": true,

"jackpotWin": 0,

"betAmount": 0.001,

"timestampUnix": 1628339753572,

"progressiveContribution": 0,

"jackpotWon": false,

"refunded": 0,

"id": 6410319,

"depositTxHash": "4be7a7a2c0165796eddb6cc653ec52e6a2504c9603f931fe8716facc0e5a3e3d",

"win": true,

"status": 3,

"timestamp": "Aug 7, 2021 12:35:53 PM"

},

"type": "event"

}

submitted by /u/gomatigrg
[link] [comments]


source https://www.reddit.com/r/btc/comments/p38qfg/is_satoshidicecom_still_fair/

What currencies can you double spend?

submitted by /u/Max_uh
[link] [comments]

source https://www.reddit.com/r/btc/comments/p39rpq/what_currencies_can_you_double_spend/

Nancy Pelosi's 'Closest Friend in Congress' Asks Her To Amend the 'Problematic' Portion of the Infrastructure Bill Relating To Crypto...

Nancy Pelosi's 'Closest Friend in Congress' Asks Her To Amend the 'Problematic' Portion of the Infrastructure Bill Relating To Crypto... submitted by /u/Capulous7217
[link] [comments]


Strike CEO on paying with Bitcoin and lowering transaction costs

Strike CEO on paying with Bitcoin and lowering transaction costs submitted by /u/Sea-Professional-730
[link] [comments]


Keeping previous trends in mind, BTC’s price would likely cross the $80k mark by the end of this year

Keeping previous trends in mind, BTC’s price would likely cross the $80k mark by the end of this year submitted by /u/Neyhabhat
[link] [comments]


How to access a wallet in Electron Cash from a JSON file?

Title. Got a JSON file of a BCH wallet but have never restored from a file before.

submitted by /u/doramas89
[link] [comments]

source https://www.reddit.com/r/btc/comments/p37z9z/how_to_access_a_wallet_in_electron_cash_from_a/

Earn BCH Making "Bitcoin Cash is Money" Videos

Earn BCH Making "Bitcoin Cash is Money" Videos submitted by /u/georgedonnelly
[link] [comments]


source https://www.reddit.com/r/btc/comments/p386ju/earn_bch_making_bitcoin_cash_is_money_videos/

I cannot believes such people still exist, “Bank of Russia senior executive believes Bitcoin is a pyramid scheme.”

I cannot believes such people still exist, “Bank of Russia senior executive believes Bitcoin is a pyramid scheme.” submitted by /u/andrytail
[link] [comments]


Understanding Bitcoin Privacy — Part 4/4 (Applying Chain Analysis Concepts To Improve User Privacy)

submitted by /u/TheGreatMuffin
[link] [comments]

The Inevitability of Crypto in Iraq

The Inevitability of Crypto in Iraq submitted by /u/HrogriTE
[link] [comments]


Visit Bitcoin Beach (El Salvador) With This Complete Bitcoin Novice And See What They Learn

In the comments to the video we see that these complete Bitcoin novices have been experimenting with wallets and are already connected to the Lightning Network.

I was clueless going in… most of us are at first 😊 there is a learning curve for sure but one worth investing time in. Much will change here over the next couple of months and we are excited for the Chivo app. We have also been experimenting with the Strike app and electronic transfers as well as finding local vendors who already accept Bitcoin (all will in September) thank you for the like I think you’ll like part 2 coming soon.

https://bitcoinist.com/visit-bitcoin-beach-with-this-complete-bitcoin-novice-and-see-what-you-learn/

submitted by /u/thebitcoin10
[link] [comments]

Bitcoin Price Prediction Tips to Make Profits

Bitcoin Price Prediction Tips to Make Profits submitted by /u/sujal456
[link] [comments]


source https://www.reddit.com/r/btc/comments/p36mij/bitcoin_price_prediction_tips_to_make_profits/

Early-stage U.S. House bill would ban CoinJoined coins from CEXs (Unlikely to become law)

This information comes from Monero friendlies. BCH🤝XMR

On July 28, 2021 U.S. House Representative Donald Beyer Jr. (Virginia 8th district, Democrat) introduced H.R. 4741: Digital Asset Market Structure and Investor Protection Act. It appears that this bill is unlikely to become law. More on that later. First, the parts of the bill that may impact BCH's CashFusion CoinJoin privacy-enhancing protocol:

(b) Purpose

The purpose of the rule described in subsection (a) shall be to ensure that anonymizing services, money mule, and anonymity-enhanced convertible virtual currencies are not used to prevent association of an individual customer with the movement of a digital asset, digital asset security, or virtual currency of which the customer is the direct or beneficial owner.

(c) Requirements

The rule described in subsection (a) shall—

(1) require any financial institution to prohibit any person from engaging in any transactions that involves digital assets or digital asset securities and—

(A) anonymizing services;

(B) money mules; or

(C) anonymity-enhanced convertible virtual currencies;

[....]

In this section, the term ‘virtualcurrency’, ‘anonymizing service’, ‘money mule’, and ‘anonymity-enhanced convertible virtual currency’ have the meanings given such terms by the Secretary of the Treasury, acting through the Financial Crimes Enforcement Network.

We are still working on determining where the Secretary of Treasury defines these terms, if they have even been defined yet.

CashFusion may be affected by this since it could be considered an anonymizing service. Therefore, centralized exchanges like Coinbase, Kraken, Binance, Gemini, etc. might refused coins that have gone through a CashFusion transaction.

The good news is that this bill will likely not become law. Members of Congress introduce bills that will never be enacted all the time. It is sort of a way to show to their voters and lobbyists that they are working on issues. They may also try to insert pieces of their bills into larger bills as amendments.

This bill has no co-sponsors, so no other member of Congress has gone on the record as supporting it. It has only been submitted to the Committee on Financial Services, the Committee on Agriculture, and the Committee on Ways and Means. This is the beginning of a long process of edits, hearings, and votes before it even gets to the floor for a final vote -- and then it would need to pass the Senate hurdle. In addition, it is very difficult to get any legislation through Congress right now since the Republicans and Democrats are so at odds with each other, and the Democrats have a weak governing coalition.

Finally, the GovTrack "prognosis" says "4% chance of being enacted according to Skopos Labs." I have never seen a prognosis percentage like this before, so it may be new -- and I don't know what it's based on. But I guess the algorithm, whatever it is, agrees that it is unlikely to pass. Pieces of the bill could still show up as attempted amendments to other bills, however.

So, don't worry too much (yet). I'm posting this now to get ahead of any rumors that may start about this bill. I used to work in policy so I'm in a pretty good position to interpret the chances of this bill and the process for it possibly becoming law.

EDIT: The GovTrack info and the bill text itself was inconsistent about whether it had been referred to a committee. I edited the post to say that it had been referred to committees, since the bill text said it had been.

EDIT2: If I had to write the post title again, I probably would have said "would likely ban..." since interpretation of law can be complicated.

submitted by /u/Rucknium
[link] [comments]

source https://www.reddit.com/r/btc/comments/p36lh3/earlystage_us_house_bill_would_ban_coinjoined/

10,000 DINOs, 1 Bitcoin

10,000 DINOs, 1 Bitcoin submitted by /u/ShotBot
[link] [comments]


source https://www.reddit.com/r/btc/comments/p37eqx/10000_dinos_1_bitcoin/

ICYMI: mining hashboards of the Antminer S17 have "In Math We Trust" written on them.

ICYMI: mining hashboards of the Antminer S17 have "In Math We Trust" written on them. submitted by /u/Braiins_mining
[link] [comments]


⚡ Lightning Thursday! August 12, 2021: Explore the Lightning Network!⚡

The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments.

Here is the place to discuss and learn more about lightning!

Ask your questions about lightning

Provide reviews, feedback, comparisons of LN apps, services, websites etc

Learn about new LN features, development, apps

Link to good quality resources (articles, wikis etc)

Resources:

submitted by /u/rBitcoinMod
[link] [comments]

As a professional bartender, I let my guests pay with bitcoin~

I posted this in a comment a while back ago, but I think it's kind of... cool? And also important to hear for anyone working in the fiat world (especially food service workers), as they could maybe replicate the action or something similar.

So I'm a bartender. Like, professionally. As in it's my main source of income to live, I do it 5 nights a week in a professional, semi-fancy restaurant. Note: This is a typical, fiat-only restaurant.

I was chatting about crypto with a guest sitting at the bar who just happened to also be a bitcoiner, like me. So I did this thing... I offered to let him pay his bill in bitcoin.

And he did.

I got him to send me and equivalent amount to my wallet address (plus whatever tip he wanted, and he did tip well). And then I paid his tab for him myself.

Perhaps there are even more ways to work BTC into today's world. Just letting you guys know that I'm out there, doing my part~ 💙

submitted by /u/Punkrypted
[link] [comments]

Saifedean and Michael Saylor on Austrian Economics and Michael Saylor’s free online university

Saifedean and Michael Saylor on Austrian Economics and Michael Saylor’s free online university submitted by /u/simplelifestyle
[link] [comments]


Tired of losing all my money on WSB meme stocks so I'm just gonna dump all my retirement funds into a self directed IRA full of BTC so I can be rich in 30 years

Tired of losing all my money on WSB meme stocks so I'm just gonna dump all my retirement funds into a self directed IRA full of BTC so I can be rich in 30 years submitted by /u/ThiCrayton
[link] [comments]


source https://www.reddit.com/r/btc/comments/p35gfz/tired_of_losing_all_my_money_on_wsb_meme_stocks/

Bitcoin SV rocked by fifth 51% attack, serial culprit attempts double spends

Bitcoin SV rocked by fifth 51% attack, serial culprit attempts double spends submitted by /u/minitoxin
[link] [comments]


source https://www.reddit.com/r/btc/comments/p35waa/bitcoin_sv_rocked_by_fifth_51_attack_serial/

Options for File Sharing?

Working on an NFT project, and I would like for users to be able to directly upload music or video content:

Do you guys know of any good tools for direct file sharing ? The goal is for users to be able to upload content for us to receive directly, without their being any middleman.

Knowing how the crypto community feels about certain cloud platforms like Dropbox or Google, We were hoping that someone in the space would have an alternative.

At best, we would like something where the user can simply click and upload and we receive notification of that on our end! Thanks a lot!

submitted by /u/SSBMYORU
[link] [comments]

source https://www.reddit.com/r/btc/comments/p35ise/options_for_file_sharing/

Bitcoin Maximalist Max Keiser Believes There Is No Top Price For Bitcoin And Altcoins Are Easy To Attack!

Bitcoin Maximalist Max Keiser Believes There Is No Top Price For Bitcoin And Altcoins Are Easy To Attack! submitted by /u/reddotarae51
[link] [comments]


source https://www.reddit.com/r/btc/comments/p35ee8/bitcoin_maximalist_max_keiser_believes_there_is/

Thursday, 12 August 2021

Venmo is letting its credit cardholders convert cash-back to crypto for free

Venmo is letting its credit cardholders convert cash-back to crypto for free submitted by /u/simplelifestyle
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Nice discussion. My opinion: If Cryptos don´t get rid of governments' arbitrary decisions, we won't get financial liberty.

Opinion: Has BTC Fared Any Better Under Biden?

Back in November, many analysts claimed that Joe Biden would be the man to put bitcoin on the map. Allegedly, his policies towards the world’s number one digital asset would be so friendly that the asset would make its way to the top of the financial ladder and become the ultimate tool for financial investors, but has BTC fared any better under the 78-year-old former senator?

https://www.livebitcoinnews.com/opinion-has-btc-fared-any-better-under-biden/

submitted by /u/YasminResnik
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source https://www.reddit.com/r/btc/comments/p2nq3d/nice_discussion_my_opinion_if_cryptos_dont_get/

Spend bitcoin at stores that accept it, please!

I see a lot of folks that think they should never spend any Bitcoin - they’re going to save it forever. Cool, HODL your stack. But, please realize there is a difference between "taking profits" and "growing the network."

When buying stuff with Bitcoin, you can either "spend and replace" or you can use something like Strike. The latter being better. It seems like so many people in comments here have never heard of Strike or lightning, or they don't know what they do. Granted, some countries don't have access to Strike yet but I see plenty of negative comments coming from folks that could be using it.

For those that don't know about it, let me explain. You can connect your bank account and then deposit your dirty fiat into Strike. Whenever you want to send someone BTC (main chain or lightning) you just click “pay” and scan the QR code. Strike deducts your fiat and then Strike pays with BTC. Let me repeat: Strike pays with BTC. You never hold that BTC and so therefore you never have any capital gain issues. In other words, Strike lets you use the BTC network without holding BTC.

So, if Strike is available in your country, please do yourself a favor and figure out how it works before you crap on people's joy when a new store starts accepting bitcoin. If people will spend bitcoin then there's no reason for stores not to accept bitcoin - and there's no reason you can't keep HODLing your stack if you use something like Strike.

Finally, I see some folks that seem to think it's pointless for a store to accept bitcoin. I mean....is it not obvious why a store should? Sure, maybe a store instantly converts BTC to fiat, but (1) having them accept it is advertising for Bitcoin, (2) don't you think stores will start to realize that lightning is cheaper than merchant fees, and (3) who's more likely to HODL bitcoin - a business that accepts it or one that doesn't? And, as a bonus point, please realize there are people that would like to live on bitcoin (get paid in bitcoin) that would love to not convert it to fiat.

submitted by /u/Imaginary-Friendship
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Brazil Bying Bitcoin!

Hello all.
Some laws can be introduced to the Brazilian senate by popular vote. Altho only Brazilians can vote some of you might want to follow the count for a law that would but BTC and other crypto into national reserves...
https://www12.senado.leg.br/ecidadania/visualizacaoideia?id=153356
If you are from Brazil and is reading this: Vote! :)

submitted by /u/RemyHouard
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Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements

Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements submitted by /u/JonyRotten
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source https://www.reddit.com/r/btc/comments/p2mmb7/vaneck_files_for_bitcoin_futures_etf_following/

My online clothing brands store now accepts crypto payments!

Hi everyone,

Earlier this year I began my own premium menswear company. What started as a lockdown hobby has now become a full time passion.

Everything is designed and tailored by myself and my team in the UK and we use high quality materials for our work bridging the gap between smart and casual.

We now accept crypto payments as both myself and my co-founder believe this is the future of monetary systems.

Our Instagram is @haneicollection and our website is Han’ei Collection

Thankyou for reading

submitted by /u/thesocket
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Opportunities and risks: Bank of America: El Salvador does a lot of things right with Bitcoin as a means of payment

That Bank of America (BoA), of all people, spoke up and supported the actions of El Salvador initially caused astonishment, since the American big bank had been extremely critical of the cryptocurrency in March of this year. Bank of America sees no reason to own Bitcoin, apart from wanting to speculate with it, the banking giant is quoted on BTC-Echo. This opinion seems to have changed since the bank recently published a document via Twitter in which opportunities and positive perspectives are presented that could arise for El Salvador through the introduction of Bitcoin as a means of payment.

https://codelist.biz/2021/08/11/opportunities-and-risks-bank-of-america-el-salvador-does-a-lot-of-things-right-with-bitcoin-as-a-means-of-payment-news/

submitted by /u/thebitcoin10
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The family that bet everything on bitcoin when it was $900 is now storing it in secret vaults on four different continents

The family that bet everything on bitcoin when it was $900 is now storing it in secret vaults on four different continents submitted by /u/bitsteiner
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SmartBCH - Rushing out a centralized implementation

https://smartbch.medium.com/the-progress-on-the-cross-chain-bridge-c3745c4b1487

The developers are now busy in studying feasibility and safety of SHA-Gate, with coding and implementation followed soon. We invite the BCH community to help us review and refine SHA-Gate. Before SHA-Gate is ready for deployment, smartBCH will use a semi-centralized bridge operated by CoinFLEX.

I'm not sure how to feel about this. I want to see SmartBCH launched, but having the bridge run through a centralized exchange is antithetical to what I believe in and what this community has stood for. The SmartBCH team has sacrificed security and decentralization to get a product out.

There is no timeline for how long SmartBCH will need to use the CoinFLEX bridge. And according to the teams blog post, the feasibility of SHA-Gate still needs to be tested. Is this a road we want to go down?

submitted by /u/gucciman666
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source https://www.reddit.com/r/btc/comments/p2lskp/smartbch_rushing_out_a_centralized_implementation/

A non-official BCH sidechain.

#smartBCH #smartbch

I found a sidechain for BCH on chianlist.org that was created by Twitter user https://twitter.com/alberdioni8406\_

It is not the official Bitcoin Cash sidechain SmartBCH, but you could have some fun playing with it.

submitted by /u/francis105d1
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source https://www.reddit.com/r/btc/comments/p2kybd/a_nonofficial_bch_sidechain/

Bitcoin Ransomware Hackers Hit Accenture, IT Consulting Firm Brushes It Off

Bitcoin Ransomware Hackers Hit Accenture, IT Consulting Firm Brushes It Off submitted by /u/TobiHovey
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source https://www.reddit.com/r/btc/comments/p2kqnz/bitcoin_ransomware_hackers_hit_accenture_it/