Thursday, 3 September 2020

I haven't seen this many trolls here since the last split!

I've been programming for 20 years, got into Bitcoin in 2013 and have been active ever since (pm me for my main account).

Bitcoin use to suffer from these very same "troll attacks" until it was taken over by U/bashco and friends. They leave Ethereum alone because the legacy systems aren't threatened by Vitalic's overpriced cloud computer. They are most threatened by one thing, peer to peer digital cash that can be used for payments.

The closed Bitcoins gets to that goal the more trolls will and do come out. Amaury is a troll, CSW is a troll, Greg Maxwell, Jameson Looop and u/bashco are all trolls. You can tell a troll because they refuse to talk honestly and will quickly resort to name calling.

submitted by /u/WidePossible8
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source https://www.reddit.com/r/btc/comments/ilonzw/i_havent_seen_this_many_trolls_here_since_the/

Be Wary Of Flipstarter Cash Grabs

hey all, as we face this upcoming fork, please be careful of individuals that are asking for exorbitant amounts of BCH to promote. 99% of youtubers out there have built their own audience from scratch with no funding, and the time and dedication they put in was fueled by their passion, not by money, which is why their channels eventually became successful. please do not burn your coins on someone who cannot make it for themselves. there is no free lunch. if someone wants to promote BCH, they can promote it the same way everyone else does: for free

submitted by /u/getrich_or_diemining
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source https://www.reddit.com/r/btc/comments/iloh7s/be_wary_of_flipstarter_cash_grabs/

A Historic Chart of Bitcoin's Major Bubbles

A Historic Chart of Bitcoin's Major Bubbles

I made this chart to help myself visualize the major price actions of Bitcoin over time. Also for people who like to say Bitcoin is a bubble. Bitcoin has bubbled many times, but three major times since its birth. After the dust settles, the price always stabilizes higher.

https://preview.redd.it/ddm4h3fjauk51.png?width=4912&format=png&auto=webp&s=d61fbeb1a9de6ac7411a1cd1754802cb69e16174

Conclusion: Bitcoin is a bubble, and then it's not... (over and over and over).

Less to do with tulips and more to do with the natural wild west growth pains of any young, capitalistic asset yet to mature.

A lot of people already know this.

Charts help :D

submitted by /u/JacobFerguson
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Bitcoin Price Rejects $12K Once Again: 5 Reasons to Stay Bullish for the Coming Weeks

Bitcoin Price Rejects $12K Once Again: 5 Reasons to Stay Bullish for the Coming Weeks submitted by /u/sylsau
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source https://www.reddit.com/r/btc/comments/ilo4ii/bitcoin_price_rejects_12k_once_again_5_reasons_to/

Gold bars worth $1.5m found in passenger's lunch box in UK, shoulda used bitcoin.

Eight gold bars said to be worth £750,000 (NZ$1.48 million) are being auctioned off in the UK after they were seized from a passenger flying to Dubai.

The haul was found in the lunch box of a flyer at Manchester Airport by HM Revenue and Customs in 2018, but under new “civil proceeds of crime powers laws”, the bars are being sold off this week.

All the proceeds are going back into the “public purse”, so will be spent on services including hospitals and schools.

The gold bars weighed in at 16kg, or as the Customs described it, the “average weight of an adult Staffordshire Bull Terrier”.

The passenger who had been carrying the bars has not faced criminal prosecution.

Gill Hilton, assistant director at HMRC's Fraud Investigation Service, said it was the first time the 2017 Criminal Finance Act had been used to “seize and forfeit a listed asset, and it should act as a deterrent to criminals looking to trade assets such as precious metals”.

”If they are the proceeds of crime or intended for unlawful conduct, we now have the powers to take them from criminals.

"We are determined to cut off the funds that finance serious crime in the UK."

submitted by /u/Pipdotcom
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How much bandwith/traffic does a full node, prune mode, consume per month?

How much inboud/outboud traffic does a full node, running on a remote server in the pruned mode, consume per month? Approximately.

submitted by /u/artjuna_0900
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source https://www.reddit.com/r/btc/comments/ilna8x/how_much_bandwithtraffic_does_a_full_node_prune/

In a parallel universe, Amaury would have said "Wow, thanks so much guys for fixing the DAA and I'm so pleased that Bitcoin Cash can attract passionate people who get the work done to realize Peer to Peer Cash and Sound Money for the World."

submitted by /u/jonald_fyookball
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source https://www.reddit.com/r/btc/comments/ilmgcq/in_a_parallel_universe_amaury_would_have_said_wow/