Bitcoin Cash won't die, even with trolls always trying to spread misinformation about BCH more people are starting to embrace and adopt the currency, 2021 will be a great year!

submitted by /u/alberdioni8406_ [link] [comments]

source https://www.reddit.com/r/btc/comments/l129jp/bitcoin_cash_wont_die_even_with_trolls_always/

The elephant in the room. Everyday $60 million+ of NEW money needs to flow into crypto just to keep the market afloat!

Just a quick calculation of the top coins mined per day tells a story of a market out of wack. This mean a net positive $60 million going in everyday just to keep prices stable.

Does this seem reasonable to you guys? Is there really that much money in the world? Then, the $0.5 million for BCH makes sense by itself but no way is $27 million going into eth every single day.

BTC: 900 * $35,000 = $31.5 million

ETH: (6,500 blocks * 3 ETH) * $1,400 = $27 million

LTC: 7,200 * $150 = $1 million

BCH: 900 * 500 = $0.5 million

XMR: 1,150 * $150 = $0.2 million

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

source https://www.reddit.com/r/btc/comments/l13uxq/the_elephant_in_the_room_everyday_60_million_of/

here is exactly how the IRS is treating bitcoin for the 2020 tax year: IRS Virtual Currency Guidance | Internal Revenue Bulletin: 2014-20 | Internal Revenue Service

submitted by /u/inspire-change [link] [comments]

ARK's Cathie Woods on Bitcoin "...There is No Better Hedge Against Inflation." - Jan 8th 2021

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

Bitcoin Cash tx’s approaching BTC. Price eventually will follow.

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

source https://www.reddit.com/r/btc/comments/l0zoam/bitcoin_cash_txs_approaching_btc_price_eventually/

I’ve built a decentralized bank

In my last post, I had the idea to build a decentralized bank on top of bitcoin cash

I’ve built it. Swype is a NON CUSTODIAL piece of software that sits on top of crypto wallets. Currently I’m supporting bitcoin cash and eth, but will expand to other currencies.

You can hold your entire net worth on your OWN wallets, stick the Swype stack on top of your wallet, and sign transactions to spend crypto as fiat at the point of sale.

For now, we’re running our own chainlink nodes (so it’s technically centralized) but we’re planning to let anyone anywhere run a chainlink node to verify transactions.

Within a few months, once we solve the KYC problem - you’ll be able to use Swype with your own wallets, in almost every wallet format.

No more banks. No more censorship.

You’ll soon be able to store your entire net worth as crypto, but still spend it as fiat, and no one can stop you.

submitted by /u/TalibanTom
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source https://www.reddit.com/r/btc/comments/l12lgx/ive_built_a_decentralized_bank/

Going to start moving my BTC and buying BCH

I already have some BCH. I have about the same dollar value of BTC and BCH at the moment.

I just sent half of my BTC to Coinbase (pro of course) to sell off and get me some more BCH.

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

source https://www.reddit.com/r/btc/comments/l0zf81/going_to_start_moving_my_btc_and_buying_bch/