Crypto 360°

Out of control and rising: why bitcoin has Nigeria’s government in a panic

submitted by /u/TheGreatMuffin
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Just had my first contact with the Lightning Network and I’m pretty impressed

I’ve seen a lot of talk on here about the Muun and Strike apps and their use of the lightning network, so I downloaded both apps to test them out.

Deposited $100 into Strike very easily. Then went to Muun, setup account, no problems there (btw, both apps wanted very minimal personal information). Set up a $99.50 lightning transaction on Muun, copied the address, pasted it in Strike, hit send and instantly got a notification from Muun I’d received 0.0024xxx BTC.

The transaction on both sides fees totaled 31 cents.

Then, I sent the last 19 cents, by setting up an 18 cent transaction in Muun, so the total fee for a 19 cent transaction was 1 penny.

Really fucking cool. I think I’m done with CB, I’m just gonna deposit $100 at a time into strike, send it to Muun on the lightning network and then eventually to long-term storage. Or, I’ll spend it straight from Strike or Muun.

What a time to be alive!?!

submitted by /u/ProfessorPurrrrfect
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Illiquid Supply Ratio has taken yet another leg up.

Bitcoin "supply shock" is now at levels that previously priced Bitcoin at $53K.

https://preview.redd.it/es7dfnyf6qe71.jpg?width=1280&format=pjpg&auto=webp&s=853b4e1ca8ca4949b0b3e4fe854c81fb0756a44e

submitted by /u/binanceanalysis
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Happy Anniversary Bitcoin Cash from Venezuela

https://read.cash/@BCHouseVE/happy-anniversary-bitcoin-cash-august-1st-218a2228

https://preview.redd.it/68c8b5d1fse71.png?width=1080&format=png&auto=webp&s=e6c162dfdf420e13c8505b491eec323aab9ed290

submitted by /u/abgrobert5
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source https://www.reddit.com/r/btc/comments/ovxbdm/happy_anniversary_bitcoin_cash_from_venezuela/

Can someone explain me how inputs in BCH works?

So what i understood, is that if you receive BCH every time in a new address and want to send everything at the same time, the number of inputs will be the same as the number of payments received, so if i receive everything in the same address and send everything, there should be only 1 input.

But when i sent my coins to someone, it created 13 inputs, despite only using 2 different addresses.

Since i used Schnorr signatures wich combine signatures, the transaction were not very large, but still very strange.

So using the same address every time does not have fee advantage against using a fresh address every payment?

submitted by /u/Nerd_mister
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source https://www.reddit.com/r/btc/comments/ovx6o6/can_someone_explain_me_how_inputs_in_bch_works/

Anyone know why Bitcoin.com gift cards(powered by eGifter) doesn't show all available eGifter cards?

I went to get Taco Bell today and wanted to pay with bitcoin so I searched Taco Bell on Bitcoin.com gift card section and nothing came up. Then I went to the eGifter main site and found they do sell a Taco Bell card that I can buy with Bitcoin Cash. Anyone know why the wallet app doesn't show all available places for gift cards? https://www.egifter.com/bitcoin/taco-bell-gift-card-bitcoin

Lowes and subway is also on there but not the wallet

submitted by /u/FamousM1
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source https://www.reddit.com/r/btc/comments/ovx0ne/anyone_know_why_bitcoincom_gift_cardspowered_by/