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submitted by /u/undertheradar48 [link] [comments] |
Saturday, 25 December 2021
How does BCH cashfusion prevent denial-of-service attacks?
What prevents malicious actors from joining a cashfusion and then simply refusing to sign the transaction?
[link] [comments]
source https://www.reddit.com/r/btc/comments/rnu1ie/how_does_bch_cashfusion_prevent_denialofservice/
Bitcoin in El Salvador - first-hand report
Last month, we decided to go to the Adopting Bitcoin conference in El Salvador. Part of the conference took place in El Zonte, better known to some as Bitcoin Beach.
So, what is it really like to use Bitcoin in El Salvador?
[link] [comments]
Friday, 24 December 2021
Is socializing the root cause of socialism and leads to sociopathy?
In that context socializing means that one person is deceiving others to like them by comforting their emotions to reach another goal that might be to benefit from their friendship.
[link] [comments]
source https://www.reddit.com/r/btc/comments/rn288e/is_socializing_the_root_cause_of_socialism_and/
Thursday, 23 December 2021
So true
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submitted by /u/ShotBot [link] [comments] |
source https://www.reddit.com/r/btc/comments/rmb3yc/so_true/
Wednesday, 22 December 2021
How long to send to crypto to Coinbase?
BitPay said sent and I’m pretty sure I copied the right crypto but.. is I it possible to lose your money?? 😕
[link] [comments]
source https://www.reddit.com/r/btc/comments/rlnl3w/how_long_to_send_to_crypto_to_coinbase/
The BCHG (Grayscale Bitcoin Cash fund traded on the stock exchange) is trading at a market rate of $313 per BCH, a record 39% below the BCH market price!
There is 0.00909183 BCH per share. At the $435 BCH market price, each share is worth 0.00909183 x $435 = $3.95 per share But each share only costs $2.85 which is equivalent to buying each BCH at $313.46 (2.85 / 0.00909183 = $313.46)
$122/$313.46 = 39%. This is a 39% Discount compared to market price of $435
Source: https://grayscale.com/products/grayscale-bitcoin-cash-trust/
All crypto is backed by real BCH and stored with Coinbase Custody.
[link] [comments]
source https://www.reddit.com/r/btc/comments/rllqql/the_bchg_grayscale_bitcoin_cash_fund_traded_on/
Is DEFI really a way to rebuild a banking/financial ecosystem in which there'll be less risk for an economic meltdown similar to 2008 because of being over-leveraged or the things have little to do with each other?
Tuesday, 21 December 2021
The sBUSD/BCH pool is currently generating a APY of 238% and is expected to remain above 100% until May 2022. (inflow of BCH in to smartBCH is still exponential)
Mentor Monday, December 20, 2021: Ask all your bitcoin questions!
Ask (and answer!) away! Here are the general rules:
- If you'd like to learn something, ask.
- If you'd like to share knowledge, answer.
- Any question about Bitcoin is fair game.
And don't forget to check out /r/BitcoinBeginners
You can sort by new to see the latest questions that may not be answered yet.
[link] [comments]
So many posts & videos about offline onboarding of BCH merchants and users -- so where are the results?
BCH adoption is healthy. I am not 'bearish' about it, and there is nothing going wrong with it. But it has essentially been flatlined since early this year, and yet I keep seeing post after post, literally every day in here, about how this or that meatspace merchant or user is being 'onboarded' into Bitcoin Cash.
If all these 'onboardings' are genuinely creating more users, then where is their usage? Where is the steadily increasing traffic? It has been over a year now that 'physically onboarding the developing world' has been such a focus here, and I am not seeing the rubber hit the road on this.
Now look at online. There was a huge spike in transaction counts in relation to the site noisecash (which by the way also involved the developing world), and then when they started batching, the traffic went back down to 'nornal'. This effect alone massively dwarfed any detectable onchain effects of physical onboarding in the developing world.
I think the conclusion is clear: Meatspace onboarding, at least in the developing world, is a big fat red herring. Cryptocurrencies are an online technology and their main advantage and value proposition is for online commerce, not as much for in-person trade. Even the anti-censorship advantages of cryptocurrencies are neutralised in-person because you could just wear a mask and sunglasses, which is perfectly acceptable these days, and use fiat cash, which can't be traced back to you. In-person censorship resistance is not a problem that is crying out to be solved.
I am not saying don't try to onboard people in meatspace. I am saying that strategy is clearly not having much effect, and the idea of some that it should be focused on exclusively or heavily prioritised was clearly not right. No biggie. Just adapt to the realities and focus more resources elsewhere, right?
[link] [comments]
source https://www.reddit.com/r/btc/comments/rktal7/so_many_posts_videos_about_offline_onboarding_of/
Monday, 20 December 2021
$25k to spend - bitcoin or mining rig?
Already own bitcoin so I'm thinking of buying a mining rig. I've been in this space for the past 7-8 years but have only ever stacked sats. Don't know much about mining but wondering if it's feasible to spend $25k on a setup and let it generate profits for the next 5+ years. Any recommendations?
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IRL - Bitcoin Cash is Bitcoin
I don’t know about everyone else here but normally just say Bitcoin when referring to BCH. Few people besides my close friends would recognize or understand the difference anyway. And in my opinion, it makes Bitcoin sound way more interesting as BTC is rather boring..
My barber has become interested in Bitcoin and DeFi on Bitcoin(smartBCH). I hooked him up with some free Flex, FlexUSD, and BCH on the Bitcoin.com wallet and he was super confused “whats the difference between the BCH and Bitcoin wallets? I thought we were talking about Bitcoin.”
I kept it simple that “Bitcoin and BCH are different cryptos and they don’t like each other”.
I wish I had a simple explanation of the history of BCH that would resonate with interested people who have no experience in crypto universe..
[link] [comments]
source https://www.reddit.com/r/btc/comments/rk2g74/irl_bitcoin_cash_is_bitcoin/
Visa processed 37 billion transactions in FY2008, or an average of 100 million transactions per day. That many transactions would take 100GB of bandwidth, or the size of 12 DVD or 2 HD quality movies, or about $18 worth of bandwidth at current prices. Satoshi Nakamoto
What's the cost for bandwidth nowadays?
[link] [comments]
source https://www.reddit.com/r/btc/comments/rk2dur/visa_processed_37_billion_transactions_in_fy2008/
Sunday, 19 December 2021
Include this hashtag everywhere you post on social media #BitcoinCashBackHome
People have already made great posts explaining the movement:
- Bitcoin Cash BCH is heavily shorted
- Taking your BCH off of exchanges will force massive buying at market price
- This will set a precedent for the future, pump the price and attract new investors
- More people discovering Bitcoin Cash will lead to big interest in SmartBCH and possibly a wave of investors shifting from BSC to SmartBitcoinCash
#BitcoinCashBackHome
#BitcoinCashBackHome
#BitcoinCashBackHome
[link] [comments]
source https://www.reddit.com/r/btc/comments/rjgxnv/include_this_hashtag_everywhere_you_post_on/
"I am about to have a heart attack, there were 13 transactions that were made in chivo with a total of $ 3921 !!!!!!! I am crying from this anger! And the only thing I use this application for is to send the aid that as Salvadorans we send to help!" Gabby Rodriguez
Imagine thinking S2F is dead because the projection was off by a month or 2
Just because we hit $100k+ in January, instead of end of year, doesn’t mean the model was wrong.
It’s become in fashion to say “nobody knows shit about fuck” but that’s a cope - some people actually do. Haters are about to learn!
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