Saturday, 5 November 2022

What the hell is going on with volume at the moment?! What data are they even using? (source is coingecko)

What the hell is going on with volume at the moment?! What data are they even using? (source is coingecko) submitted by /u/NYKNYb
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Kim Dotcom @KimDotcom · 1m I will do a Twitter space in 30 minutes to try a private beta of Cashrain with my followers. It’s a new site I’m launching soon. It allows you to create a community and rain BitcoinCash on your followers...

Kim Dotcom @KimDotcom · 1m I will do a Twitter space in 30 minutes to try a private beta of Cashrain with my followers. It’s a new site I’m launching soon. It allows you to create a community and rain BitcoinCash on your followers... submitted by /u/olarized
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source https://www.reddit.com/r/btc/comments/ymadsb/kim_dotcom_kimdotcom_1m_i_will_do_a_twitter_space/

El Salvador’s $300 Million BTC ‘Revolution’ Is Failing Miserably - Bloomberg

El Salvador’s $300 Million BTC ‘Revolution’ Is Failing Miserably - Bloomberg submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/yma9yd/el_salvadors_300_million_btc_revolution_is/

"Follow the Fed? Never forget the Fall of 2021, when Fed Governors suddenly decided, in a Nostradamus move, that it was unethical for they themselves to hold and to trade in stocks."

submitted by /u/ToTheMoonGuy
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source https://www.reddit.com/r/btc/comments/ym8ftt/follow_the_fed_never_forget_the_fall_of_2021_when/

Coldcard send bitcoin

I’m thinking of buying a cold wallet and I think coldcard may be the best option because I’m only interest in bitcoin

How can I buy bitcoin and deposit it in the coldcard?

I can’t get an answer anywhere

submitted by /u/TeaApprehensive3187
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Completing Bitcoin Cash with Cash Tokens

Completing Bitcoin Cash with Cash Tokens submitted by /u/ThomasZander
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source https://www.reddit.com/r/btc/comments/ym5n6w/completing_bitcoin_cash_with_cash_tokens/

Friday, 4 November 2022

Problems with a bitcoin monetary standard

I have been a bitcoiner for a few years now. I am currently in an advanced (Keynesian) macroeconomics class and it has made me question some things.

If there is a bitcoin monetary standard in the future… how will businesses get credit/loans to operate their business? Without credit businesses would innovate much much slower, productivity would go way down. Less employees they can hire, etc. It would be much harder to get a business off the ground, and take so much longer to build up a business than if you had cheap credit. (I understand the consequences of cheap credit)

Hence there must be bitcoin “banks” or exchanges that distribute value between savers and borrowers.

Since bitcoin is decentralized and no protection from a central bank, I can imagine there would be bank runs all the time. The loans to borrowers would be very illiquid and the liabilities of savers who deposited their bitcoin would be very liquid. This is what happened during the Great Depression.

Hypothetically, all the bitcoin depositors would pull out of the exchange and the exchange would become Insolvent.

Therefore lending/credit would be pretty much non existent in a bitcoin standard? Therefore output and productivity would greatly go down? Therefore standard of living goes down?

Can someone please walk me through this and prove me wrong? 😂. The Keynesians are getting to me.

submitted by /u/Puzzleheaded_Yam7132
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Bitcoin Cash is the RockStar of Cryptocurrency - King Konz Music School in the Bitcoin Cash City walks the talk

Bitcoin Cash is the RockStar of Cryptocurrency - King Konz Music School in the Bitcoin Cash City walks the talk submitted by /u/BitcoinCashCity
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source https://www.reddit.com/r/btc/comments/ylfjcf/bitcoin_cash_is_the_rockstar_of_cryptocurrency/

Lagarde: Not Even a Recession Will Calm the Inflation Rate

Lagarde: Not Even a Recession Will Calm the Inflation Rate submitted by /u/Suitable-Advantage45
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Friendly reminder - instead of arguing and trying to change a persons mind about Bitcoin topics - you can get 10x more results by introducing and teaching new people about Bitcoin using a tenth of the energy.

I appreciate the occassional disagreement with other users here, but I try not go more than 2 "volleys" - unless I am actually learning something.

submitted by /u/mrtest001
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source https://www.reddit.com/r/btc/comments/yle92d/friendly_reminder_instead_of_arguing_and_trying/

Santander impose £3,000 per month limit on Bitcoin related exchange transfers from the UK. The escape routes are constricting...

Santander impose £3,000 per month limit on Bitcoin related exchange transfers from the UK. The escape routes are constricting... submitted by /u/po00on
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Hey guys this may interest you if you are starting: Bluetooth Hardware CoolWallet Water Resistant is now 30% OFF, go get yours.

submitted by /u/podertu
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source https://www.reddit.com/r/btc/comments/yl9xpc/hey_guys_this_may_interest_you_if_you_are/

Thursday, 3 November 2022

Dungeons & Dragons alignment chart, Bitcoin edition

Dungeons & Dragons alignment chart, Bitcoin edition submitted by /u/alanbwt
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BTC coin users are wondering about bad user experience

BTC coin users are wondering about bad user experience submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/ykha5d/btc_coin_users_are_wondering_about_bad_user/

IF THEY DON'T DO THEIR JOB, LET'S DO OUR WE ARE THE NUMBER WE ARE THE POWER

IF THEY DON'T DO THEIR JOB, LET'S DO OUR WE ARE THE NUMBER WE ARE THE POWER submitted by /u/BCHisFuture
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source https://www.reddit.com/r/btc/comments/ykgimr/if_they_dont_do_their_job_lets_do_our_we_are_the/

Compromised ledger

Few years back when I recently got into bitcoin I was gifted a ledger (bought from Amazon), I’ve learned a lot since then while stacking. Then I found out the sneaky game of people selling back compromised ledgers to Amazon in hopes of noobs buying the ledger and then bitcoin for the thief’s. I know it’s worth it in the long run to just get a new hardware wallet to be sure I was just curious if anyone had personal experience in this area would hate to get to a whole coin in the future then one day it disappears all because I didn’t want to spend another extra $200. The cold cards looking like a great option. Thank you ₿ community you guys are the awesome!

submitted by /u/uhhhhhcum
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While bitcoin grew bullish in terms of sentiment last week, "I think the difficulty with miners creating profitability is definitely a reason we did not lift above $21,000," Trade the Chain Director of Research Nick Mancini says.

While bitcoin grew bullish in terms of sentiment last week, "I think the difficulty with miners creating profitability is definitely a reason we did not lift above $21,000," Trade the Chain Director of Research Nick Mancini says. submitted by /u/coindesk
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Join our Next #SmartBCH Twitter Hangout this Saturday. We Will be talking about "Running SmartBCH and BitcoinCash Nodes" with our Special Guest @georg_engelmann Set your Reminder ⏰👇🏻

Join our Next #SmartBCH Twitter Hangout this Saturday. We Will be talking about "Running SmartBCH and BitcoinCash Nodes" with our Special Guest @georg_engelmann Set your Reminder ⏰👇🏻 submitted by /u/XolosRamirez
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source https://www.reddit.com/r/btc/comments/ykciex/join_our_next_smartbch_twitter_hangout_this/

Wednesday, 2 November 2022

Lightning Network releases emergency update after critical bug on LND nodes

Lightning Network releases emergency update after critical bug on LND nodes submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/yjpcl1/lightning_network_releases_emergency_update_after/

"the fact that nobody even notices the Lightning Network is mostly down shows you how important that garbage is to the real world"

submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/yjoam1/the_fact_that_nobody_even_notices_the_lightning/

MoneyGram now allows users to buy and hold Bitcoin. When you can’t beat ‘em, join ‘em!

MoneyGram now allows users to buy and hold Bitcoin. When you can’t beat ‘em, join ‘em! submitted by /u/Deathstaroperatorguy
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Elizabeth Stark (Lighting Network) on Twitter says that the recent attack on LN was sponsored by Blockstream

Elizabeth Stark (Lighting Network) on Twitter says that the recent attack on LN was sponsored by Blockstream submitted by /u/btcxio
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source https://www.reddit.com/r/btc/comments/yjkwut/elizabeth_stark_lighting_network_on_twitter_says/

Do we have an official Sats logo?

⚡ looks so cool for sats. As is its already synonymous with lightning.

submitted by /u/desi_launda
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Why Kanye West loves Satoshi Nakamoto?

Why Kanye West loves Satoshi Nakamoto? submitted by /u/helloworld1110111
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source https://www.reddit.com/r/btc/comments/yjftuh/why_kanye_west_loves_satoshi_nakamoto/

Tuesday, 1 November 2022

Gonna bury this and check back in 10 years. Cheers to the future my friends

Gonna bury this and check back in 10 years. Cheers to the future my friends submitted by /u/Porksausage313
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Andrew Chow (achow101/Bitcoin Core contributor) - Bitcoin Core code review live on Twitch

Andrew Chow (achow101/Bitcoin Core contributor) - Bitcoin Core code review live on Twitch submitted by /u/TheGreatMuffin
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Eurozone inflation hits record high of 10.7%

Eurozone inflation hits record high of 10.7% submitted by /u/Roman__Vivant
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sell buy or hold?

sell buy or hold? submitted by /u/Weak-Pride-8705
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source https://www.reddit.com/r/btc/comments/yimh4q/sell_buy_or_hold/

14 years since the Bitcoin white paper was released by the pseudonym Satoshi Nakamoto

14 years since the Bitcoin white paper was released by the pseudonym Satoshi Nakamoto submitted by /u/SuperCryptoHermano
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BCMR: Bitcoin Cash Metadata Registries – names, descriptions, icons, etc. for identities and tokens

submitted by /u/bitjson
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source https://www.reddit.com/r/btc/comments/yik3wc/bcmr_bitcoin_cash_metadata_registries_names/

Monday, 31 October 2022

New updates for flipstarter.me - a web app that helps you create non-custodial censorship-resistant crowdfunding campaigns with BitcoinCash!

submitted by /u/Groundbreaking_You_3
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source https://www.reddit.com/r/btc/comments/yhob0s/new_updates_for_flipstarterme_a_web_app_that/

Bitcoin is the great resistance [OC]

Bitcoin is the great resistance [OC] submitted by /u/tip_nz
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wtfhappenedin1971

wtfhappenedin1971 submitted by /u/TheBTCTherapist
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With inflation raging Bitcoin looks more valuable than ever

With inflation raging Bitcoin looks more valuable than ever submitted by /u/LuKeNuKuM
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Testnet Faucet now supports multiple networks (Testnet, Testnet4 and CHIPnet) looking for testers and suggestions

Testnet Faucet now supports multiple networks (Testnet, Testnet4 and CHIPnet) looking for testers and suggestions submitted by /u/Damascene_U
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source https://www.reddit.com/r/btc/comments/yhniyn/testnet_faucet_now_supports_multiple_networks/

FTX CEO has a thin skin like r/bitcoin mods

FTX CEO has a thin skin like r/bitcoin mods submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/yhnkix/ftx_ceo_has_a_thin_skin_like_rbitcoin_mods/

The great resistance.The story of bitcoin!

The great resistance.The story of bitcoin! submitted by /u/basasnew
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Sunday, 30 October 2022

Don’t Trust; Verify

Everyone on here pushes for the use of hardware wallets (and rightly so). But how can one independently verify that the hardware wallets don’t contain trojans right out of the Trezor/Ledger factory. Or should we just assume that these companies wouldn’t put trojans on their devices to enable once Bitcoin is the established global store of value?

submitted by /u/PhatPhire15MM
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"Decentralized Peer-to-Peer Currency and Payment System" [2004] [Historical interest] [https://ift.tt/SG0IPbY]

submitted by /u/MichaelTen
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source https://www.reddit.com/r/btc/comments/ygz0x6/decentralized_peertopeer_currency_and_payment/

Lost Wallet Passphrase

Once upon a time I encrypted a wallet using the command:

./bitcoin-cli encryptwallet \passphrase\

However now my wallet does not decrypt using the passphrase. Does anyone know what I am doing wrong?

submitted by /u/dicksinthemix
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How to pledge to flipstarter.cash in seconds #tutorial #BCH #crowdfunding

How to pledge to flipstarter.cash in seconds #tutorial #BCH #crowdfunding submitted by /u/helloworld1110111
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source https://www.reddit.com/r/btc/comments/yguf1e/how_to_pledge_to_flipstartercash_in_seconds/

How to pledge to flipstarter.cash in seconds #tutorial #BCH #crowdfunding

How to pledge to flipstarter.cash in seconds #tutorial #BCH #crowdfunding submitted by /u/helloworld1110111
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source https://www.reddit.com/r/btc/comments/ygu924/how_to_pledge_to_flipstartercash_in_seconds/

Bitcoin Drone Show over Lugano Switzerland

Bitcoin Drone Show over Lugano Switzerland submitted by /u/2kbigdrops
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