Crypto 360°

Sunday, 23 August 2020

The BTC Paradox: “A 1 MB blocksize enables poor people to run their own node!” “Okay, then what?” “Poor people won’t be able to use the network!”

submitted by /u/scotty321
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source https://www.reddit.com/r/btc/comments/iewrsu/the_btc_paradox_a_1_mb_blocksize_enables_poor/

I suggest that notary.bitcoin.com become free

Bitcoin.com wallet includes a link to faucet and a link to the notary. But when you use the notary you are asked first for an "anchor" (never heard that term before but okay) deposit.

A timestamp only requires one Satoshi. well, the faucet gives out far more than 1s. so just go ahead and fund the notary (up to x per day). And more people would use it.

Source: me. More than once I have gone to use the notary but then Changed my mind because I don't want that notary coin to be from my wallet. Consider the time in the future when you need to whip out the transaction to actually prove to your file has been timestamped- at that time the coin can be traced to a wallet that is yours. You dox yourself if you ever need it.

I have further suggestions for the notary service which I think would increase the number of transactions quite a lot.

submitted by /u/knowbodynows
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source https://www.reddit.com/r/btc/comments/iex2dj/i_suggest_that_notarybitcoincom_become_free/

Refilled some BCH in my portfolio

I have to admit that my sentiment has been very negative towards this project and this sub, but right now I see the tide is changing.

The miner signaling shows that BAB may have to count its blessings. ABC future unclear in a traditional fork setup.

I think ABC should take this scenario as an opportunity. The IFP is haphazard and I'll talk about the alternative in a new post.

submitted by /u/rdar1999
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source https://www.reddit.com/r/btc/comments/ieww2u/refilled_some_bch_in_my_portfolio/

sent BCH to BTC and yes it was SEGWIT

i just sent BCH from my coinbase wallet to my BTC ledger wallet...smfh

coinbase prompts me to use SEGWIT before sending coin...ffs lol

still UNCONFIRMED on the blockchain

how can i get my BCH back ?

submitted by /u/Krypto-Knight-Rider
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source https://www.reddit.com/r/btc/comments/iewvjn/sent_bch_to_btc_and_yes_it_was_segwit/

[MegaThread] US IRS Cryptocurrency Letter Of 2020

I just received a letter in the mail from the IRS stating that they are aware that I have crypto, and did not claim it yet. I'm sure others have received the same letter. So, if you want to post information here, you can. I thought that it would be better if we can choose the route in which to proceed all in one place. I am not suggesting that you do anything here. We can just share information, and thoughts.

My questions are what should be reported? Buying AND Selling? Report how much you bought them at? And Sold them AT? What If I didn't sell them? What if I misplaced them? Lost them? Sold them to a friend?

What are our rights?

SOrry if this is a repost.

Article about how the IRS shouldn't be doing this:

https://www.coindesk.com/irs-crypto-letter

Read on how to buy bitcoin without kyc:

https://keybase.pub/heady_wook/Wook_H_2020_How_to_buy_non_KYC_Bitcoin_with_a_US_Postal_Money_Order.pdf👇

submitted by /u/A_solo_tripper
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