BTC I'm switching to BCH. Here's why, from an unbiased, non-whale, non-mining-magnate, mildly informed, middle-class Joe on the street.

I'm switching to BCH. Here's why, from an unbiased, non-whale, non-mining-magnate, mildly informed, middle-class Joe on the street.
John McAfee: “Then please, God short the stock. I'm fucking begging you.”
Luke Jr: 'It is better not to use Segwit until Lightning is ready.' - Freakin LOL
Banned for "pumping BCH". Thanks for having me r/btc
Why Bitcoin Cash is 100 times better than PayPal: Have you ever tried to read their 100 page "User Agreement"?
Cobra: "I dunno man, I guess minimum $7K pre-orders, no company address, no named CEO, a reverse engineered Antminer clone, and claims of 100+ experts worked on it (none of whom are named) on a cheap wordpress site seems shady? Try think for yourself some time."
Reminder: Bitcoin Core never expected fees to go over $0.1, but everything changed after the bankers took over.
"Thanks to the Streisand effect caused by liars claiming our Bitcoin wallet is deceiving people into using #BitcoinCash we grew our user base by about 10% in just the last day. Thanks for the pump!"
It’s hilarious that these slimy mods @ rBitcoin removed every Bitcoin Cash related post because it’s an “alt-coin discussion”, but then promote the worthless gold and diamond forks and allow posts related to them.
Japan needs useful cryptocurrency and not just store of value token. Bitcoin Cash is the best choice.
Roger Ver: "Bitcoin needs to be used in commerce in order for it to be store of value. It has to be both of these things or neither."
Bitcoin Diamond website is a confirmed scam - on their official twitter account they are telling users to deposit BTC and get BCD in return!
A look at bitcoin.org as it changed over the years
Bittrex is considering to add more BCH pairs - let's contact them!
Bch is so much faster..
What is the next crazy think that you think is going to happen in crypto land? Post your crazy conspiracy theories/fantasies here!
Adam Back scammy as fck! He promoted SW2X futures on shady Bitfinex. He then sold futures against others buying them knowing full well that users on Bitfinex would lose (forfeit) their coins if the fork was cancelled. The fork was cancelled (he may have known it was being cancelled too)!
The Bitcoin Cash Fund website is now live! Go check it out!
This is the most important time in the history of crypto.
These are the statists who have hijacked the project once lead by libertarians and cypherpunks. https://twitter.com/LukeDashjr/status/934159650374680577
Is Blockstreams new tactic to destroy trust in Bitcoin mining by openly promoting scams and overpriced products?
Just explained Bitcoin Cash to the owner of a local food cart. She was very excited to learn about it, and plans to accept it in the future! This is how we increase adoption!
Reminding Shapeshift CEO Erik Vorhees of what he said a year ago.
Luke Jr does not believe that SegWit will lower fees
9672 BTC buy orders. Get ready for the show

I'm switching to BCH. Here's why, from an unbiased, non-whale, non-mining-magnate, mildly informed, middle-class Joe on the street.

Posted: 24 Nov 2017 10:03 PM PST

I was not ever extremely involved in Bitcoin. I first heard about it through my friend in early 2015 and didn't pay it much mind as it didn't seem that interesting or useful at the time and wasn't quite yet fully mainstream. We mined about $50 with a couple outdated ASICs some random Redditor sent us, then our op got shut down by his dad when his power costs doubled, and he blew the coins on CS:GO skins. I only started getting involved with it again a few months ago when the massive price spike happened and all the mainstream news articles started coming in. We're again thinking of pooling our money to buy a miner, this time a real one (those Dragonmint ones sound interesting if legit), and I'm even doing my science fair project on cryptocurrency. (Science fair research is where most of my history and technical(ish) understanding comes from.)

I've done my fair share of reading on the major forks (BTC and BCH), and up until now I didn't really pick a side. I subscribe to both major subs and I think that both forks have merit. But today I really realized that Cash is the only logical direction that Bitcoin should go in, and Core is just not what Bitcoin is supposed to do and definitely not what any of Bitcoin's early supporters intended.

My realization basically occurred when I realized that "the solution to scaling isn't necessarily to raise blocksize" sounds the exact same as "the solution to losing weight isn't necessarily to output more calories than you input." There is not a way to properly scale TX volume without A) changing the implementation in such a way as that the Bitcoin fundamentals are lost (e.g. LN) or B) increasing the blocksize. This puts Core supporters in one of two camps: that losing some of the fundamentals are okay if it means that TX volume can scale without increasing blocksize, or that TX volume is not supposed to scale and that Bitcoin should migrate to a store-of-value. In both cases, a long-term future is possible, but is not what Bitcoin is supposed to be. In the first case, the fundamental codebase and storing all transactions on-chain is what makes Bitcoin so good and what has allowed it to reach such widespread adoption and wild pricing, so killing it makes no sense on any level. In the second case, you are ignoring almost all of what Bitcoin is designed to be - the whitepaper is written entirely around transactions and the codebase is wholly written for and focused on transactionary purposes. Bitcoin transacts in a way that no other widespread currency can, and to willfully ignore that in favor of a generic store-of-value -- which is already accomplished by a billion other things -- is to say "fuck you" to Satoshi, his vision, and all of his code.

The solution to scaling is, and always will be, to increase blocksize. It's that simple. The 8MB blocks wouldn't even be halfway to filling even if all transactions from both forks were to occur on them, and today's mining and node hardware can easily handle them. It's already technologically feasible to mine 1GB blocks, which would sustain about 3000 TX/s. Both general computing and mining hardware is constantly evolving at an absolutely blistering pace, and as long as growth rates stay even somewhat reasonable, network members' hardware will be able to handle whatever blocksize is needed, while maintaining full decentralization.

Bitcoin is meant to be a transactionary currency, and to try and make it anything else is a farce and an insult to everyone who supported it in its early days. In order to be a transactionary currency and still maintain all of the fundamentals of the Bitcoin code, the blocksize must be increased and continue to be increased in whatever increments are needed. Real-time blocksize increases are fully sustainable and will always be sustainable as long as hardware (both general and mining) continues to evolve at a pace even remotely similar to its pace today.

Bitcoin Cash is Bitcoin. Bitcoin Legacy is a waste of the Bitcoin name and of all the code, concepts, visions and effort of everyone who helped create it. Thank you to everyone who helped me slowly see the light, and I would be gratified if this post helps even one person come to the same realization.

EDIT: Much thanks for gold! I have themes again!

EDIT 2: A TL;DR, because this is a bit long, copied from my response to /u/DonaldJTrumpMBGA:

A) Bitcoin is intended as a transactionary currency

B) Bitcoin should not lose any of its core code features that it came into existence with

C) In order for both A and B to concurrently be true, a blocksize increase is mandatory, thus BCH is the true Bitcoin

submitted by /u/iAmAddicted2R_ddit
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John McAfee: “Then please, God short the stock. I'm fucking begging you.”

Posted: 24 Nov 2017 07:28 PM PST

submitted by /u/Egon_1
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Luke Jr: 'It is better not to use Segwit until Lightning is ready.' - Freakin LOL

Posted: 24 Nov 2017 01:41 PM PST

submitted by /u/carrudi
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Banned for "pumping BCH". Thanks for having me r/btc

Posted: 24 Nov 2017 08:19 PM PST

Guess I get to be here full time now.

submitted by /u/cbKrypton
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Why Bitcoin Cash is 100 times better than PayPal: Have you ever tried to read their 100 page "User Agreement"?

Posted: 24 Nov 2017 11:23 PM PST

submitted by /u/turdddit
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Cobra: "I dunno man, I guess minimum $7K pre-orders, no company address, no named CEO, a reverse engineered Antminer clone, and claims of 100+ experts worked on it (none of whom are named) on a cheap wordpress site seems shady? Try think for yourself some time."

Posted: 24 Nov 2017 01:02 PM PST

submitted by /u/Egon_1
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Reminder: Bitcoin Core never expected fees to go over $0.1, but everything changed after the bankers took over.

Posted: 24 Nov 2017 01:24 PM PST

This is from Bitcoin.org.

Evidence of Core never expected fees to get anywhere as high as what we have today, even $0.25 per transaction was considered absurdly high.

https://bitcoin.org/en/bitcoin-core/capacity-increases-faq

http://archive.fo/2YDSe

David Harding provided a table of estimated savings at various fee/transaction levels.

That is, if the fee for a typical 250-byte transaction is $0.01 USD, using segwit will save about $0.003 when spending a P2PK-in-P2SH transaction output.

Transaction Bytes saved $0.01/250B $0.05/250B $0.25/250B $1.00/250B

P2PK-in-P2SH 79/107 $0.003 $0.015 $0.079 $0.316

1-of-1 P2SH multisig 83/112 $0.003 $0.016 $0.083 $0.332

2-of-2 P2SH multisig 163/219 $0.006 $0.032 $0.163 $0.652

2-of-3 P2SH multisig 189/254 $0.007 $0.037 $0.189 $0.756

(We don't expect fees to get as high as the highest seen in this table; they are just provided for reference.)

After the bankers took over Bitcoin's development, the new story is that Bitcoin is "Digital Gold", you're not supposed to actually use it, so it's ok to stick with 1MB blocks to force people to pay $10-$100 and wait hours or days to move $1.

Expect that page to be modified soon after it is exposed, Bitcoin.org used to belong to Satoshi, now taken over by the bankers, luckily Bitcoin.com still remains true to Satoshi's original Bitcoin vision of fast confirmations and $0.01 fee, Satoshi's vision will live on through Bitcoin Cash.

submitted by /u/Gregory_Maxwell
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"Thanks to the Streisand effect caused by liars claiming our Bitcoin wallet is deceiving people into using #BitcoinCash we grew our user base by about 10% in just the last day. Thanks for the pump!"

Posted: 24 Nov 2017 03:37 PM PST

submitted by /u/perogies
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It’s hilarious that these slimy mods @ rBitcoin removed every Bitcoin Cash related post because it’s an “alt-coin discussion”, but then promote the worthless gold and diamond forks and allow posts related to them.

Posted: 24 Nov 2017 07:08 AM PST

The reason I called these forks worthless is because they're Segwit forks. Consequently they have skewed incentives (broken Nash equilibrium) and will not hold in the long run, just like how BTC/Litecoin will eventually wither away.

But it's absolutely disgusting seeing the direct censoring of Bitcoin Cash discussions (and calling it BCash) while doing the exact opposite with the premined scam forks.

Adam Back even backed Bitcoin Gold and shilled for them on his Twitter, and today they advertise the Bitcoin Diamond fork again.

You guys are hilarious, your pathetic tactics are so naked and fragile, you must be shivering in fear.

For reference, here are Bitcoin Diamond posts that are allowed to linger freely on rBitcoin:

https://www.reddit.com/r/Bitcoin/comments/7f757w/will_btc_holders_be_credited_with_bitcoin_diamond/

https://www.reddit.com/r/Bitcoin/comments/7f6uq1/help_a_noob_get_their_diamonds_please/

https://www.reddit.com/r/Bitcoin/comments/7f7cat/shine_on_you_crazy_blockchain_the_bitcoin_diamond/

submitted by /u/wisequote
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Japan needs useful cryptocurrency and not just store of value token. Bitcoin Cash is the best choice.

Posted: 24 Nov 2017 04:56 PM PST

submitted by /u/tralxz
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Roger Ver: "Bitcoin needs to be used in commerce in order for it to be store of value. It has to be both of these things or neither."

Posted: 24 Nov 2017 05:20 PM PST

submitted by /u/tralxz
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Bitcoin Diamond website is a confirmed scam - on their official twitter account they are telling users to deposit BTC and get BCD in return!

Posted: 24 Nov 2017 07:13 PM PST

submitted by /u/increaseblocks
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A look at bitcoin.org as it changed over the years

Posted: 24 Nov 2017 06:27 PM PST

submitted by /u/ForkiusMaximus
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Bittrex is considering to add more BCH pairs - let's contact them!

Posted: 24 Nov 2017 01:23 PM PST

First of all, this is a response to a request I've made, it is nothing official. That being said, bittrex replied and they are considering it already.

So, let's focus on what really matters for BCH ecosystem.

We should contact bittrex en masse (along with other exchanges) and make these requests there, that's a very effective way of getting it done as quicker as possible.

Go here and submit the request, select feature request. Suggested request text:

Please add bitcoin cash pairs to the top 20 volume crypto. Thank you.

submitted by /u/supersymmetry1
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Bch is so much faster..

Posted: 24 Nov 2017 09:28 PM PST

I sent the btc first but it came only in a day. Bch sent later but arrived in 10 mins :) thank you.

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What is the next crazy think that you think is going to happen in crypto land? Post your crazy conspiracy theories/fantasies here!

Posted: 24 Nov 2017 07:08 PM PST

Disclaimer: Please don't take any of this to serious. Religion and religious people are easy to make fun of. I don't hate on anybody except 28 year old me who gave away 11 BTC, that asshole!

1) Scientology launches their own cryptocurrency in an attempt never to pay any taxes anymore; 4ever. Other religious groups see this and would very much like a piece of that blessed technology. Before you know it Christiancoin, Muslimcoin and Jewcoin are a thing. ZenBuddhistcoin is also released but their whitepaper is literally a piece of white paper and their blocks remain empty. 4chan creates HitlerCoin (coinlimit is about 6 million but nobody knows the exact number) as a response, which after it being taken serious a bit to much is promptly renamed as DonaldCoin and a T_D user writes the "supreme whitepaper" (not to be confused with white supremacy paper). /r/bitcoin: "DonaldCoin? More like Don-altcoin" and claims it is an attack on Bitcoin. A fight between T_D and /r/bitcoin breaks out. The price of popcorn futures goes through the roof. Trump tweets about how he is okay with a cryptocurrency called DonaldCoin as long as his face is on each coin and a great American firewall is build in to the system preventing Donald's supernodes from connecting to Mexican IP addresses.

2) Bitcoin Core releases a statement that there is enough segwit adoption now to lower the blocksize to 900 kilobyte. /r/bitcoin claims this is an attack on Bitcoin. Luke-jr insists it is essential to go lower then 700 kilobytes but even /r/bitcoin makes fun of him. He tweets: "This will have the most monstrous consequences, if only people would listen to me!".

3) A bitcoin wallet co-written by luke-jr goes rogue and every time you do a transaction you will see a bible verse. /r/bitcoin claims this is an attack on but users also post "Maybe Catholicism is not the end of the world, they have always hodled strong." and "I like the pope, he looks like the kind of guy that would hodl".

3) Adam Back realizes he is not being taken serious anymore and tries to make a comeback by claiming he is Satoshi. Craig Wright is having none of it and fakes a video of him supposedly choking on a bowl of bitsoup. /r/bitcoin is taken over by "I am Satoshi!" type of posts. /r/bitcoin claims this is an attack on Bitcoin and in responds rewrites the Bitcoin Whitepaper and replaces the name Satoshi with "The Creator of Bitcoin" and two years later during the inauguration of Bitcoin Pope Andreas-the-first with "He Who Is To Hodly To Be Named". In honor of Bitcoin Pope Andreas-the-first, Greece becomes the first country to embrace Bitcoin on a national level. A Greek man of old age sitting outside on a comfortable chair smoking a pipe is interviewed about this: "Your country is the first country to make Bitcoin its national currency, what will the Greek people do next?" "Now we wait" is the answer.

4) A second Theymos shows up claiming he is the original Theymos. He proves he has some private keys of addresses known to once have been used by Theymos. /r/bitcoin claims this is an attack on Bitcoin and a suggestion is made to fork Theymos. It is speculated that it's impossible to fork a human being using software until Luke-jr shows up and promptly writes the code. Bitfinex starts trading TM1 and TM2 chain split tokens. Theymos reluctantly agrees to be split in to Michael and Marquardt as long as it is done through a soft fork! A new way of measuring bitcoin censorship becomes possible because there is now a M1 and a M2 supply of posts.

5) A competitor to Tether is launched called Rope, first wallet to support Rope is Bitcoin Knots. /r/bitcoin claims this is an attack on Bitcoin and posts about "I rather hang myself then to support this Rope-a-dope scam" quickly become very popular. BashCo stickies a post asking /r/bitcoin users to "Please allow each other some breathing room".

6) Bitcoin Purple is released with the purpose of appeasing to extreme hodlers, as a Bitcoin Purple address can only make one out transaction. /r/bitcoin celebrates this new technology of enlightenment. The price of Bitcoin Purple shoots trough the roof until people try to cash out and realize that you can't cash out with Bitcoin Purple, you can only hodl it. A disgruntled group of Bitcoin Purple users fork Bitcoin Purple and a war breaks about between NoBO supporters and BO supporters (Breathe Out). A bitcoin user makes a post on /r/conspiracy that reaches the frontpage of /r/all with the title: "Something is smelly about this whole BO thing".

7) /r/Buttcoin launches an ICO to try to raise some funds to create a TV comedy show making fun of bitcoin. /r/btc raises enough capital for this ICO in 6 hours to launch a new Netflix original comedy series about Bitcoin. /r/buttcoin is happy with the TV show but a bit sad their ICO was such a huge success. r/bitcoin claims this is an attack on Bitcoin and that "they should grow up" and that "making fun of Bitcoin is against the spirit of ~~Satoshi~~ , ~~the creator of bitcoin~~, he-who-is-to-hodly-to -be-named". /r/bitcoin starts asking their users to download the Netflix app and leave a negative review.

8) Bitfinex'ed is doxed as Mark Karpelès because of a suspicious increase in demand in frappuccinos in a particular geographic area, the same that Bifinex'ed posted from. Mark was FUDing all over Bitfinex in the hope he can resurrect Mt Gox, now re-branded as Mt Everest. /r/bitcoin claims this is an attack on Bitcoin but some users are excited they will finally get their bitcoins back!

9) Monero turns out to be a honey-pot project started by the IRS, however it has turned out so successful and made some high placed IRS people so rich that they are reluctant to admit this and do everything in their power to deny the news in the hope that their wealth in XMR will not vaporize. Big headlines are made when a top IRS guy gets busted when he sends most of his XMR to Bitfinex in the hope to get other crypto for it before XMR tanks. /r/bitcoin claims this is an attack on Bitcoin and a version of Bitcoin is released called Bitcoin Luke Out! that blacklists any bitcoin addresses that are linked to this IRS guy.

10) The BitTorrentcoin protocol whitepaper is released. It's first application is a extremely illegal Netflix-for-porn. Participants are offered a incentive in making bandwidth and storage space available for the free porn network and also cataloging it's content so searching for "Three midgets do it with a furry dressed up as a giraffe" will actually result in a relevant video. Participants in this new porn/crypto hybrid ecosystem are getting payed in BitTorrentcoin. Pornhub and other porn sites immediately see this as a threat to their entire business model and 50% of all new porn videos are now political in nature. You thought the big blockers vs small blockers was a crazy fight? Think again. /r/bitcoin claims this is an attack on Bitcoin and that "we don't watch porn" and "if we would watch porn we would not facilitate a shitcoin while doing so". luke-jr makes a record breaking post on r/bitcoin about "how hodling your hands above your blanket (while checking the price in bed) and hodling bitcoin go together like a man and a woman in marriage". The BitTorrentcoin porn app quickly attracts a 120 million users in just 6 month. /r/bitcoin claims that "This growth goes against the natural order that he-who-is-to-hodly-to-be-named has created". The newly formed /r/BitTorrentcoin community tries to reconcile with /r/bitcoin as some friendly users post "We cum in peace!" type of posts while other users post more snarly posts like "The moon? We aim our rockets at the stars". Sporadically tension between both communities builds up to a climax until some form of release is found.

11) Somebody hacks Trump's twitter account to pump up his new altcoin. The Donald runs with it, ever after everybody knows the tweet was not tweeted by Trump. It's suspected the new altcoin was created by a T_D mod but post about that are not allowed on T_D so nobody on T_D figures it out. /r/bitcoin offers a partnership and the communities merge together. "It was the next logical step for the /r/bitcoin community" Theymos writes, "With strength through unity and smaller blocks we can make Bitcoin Great Again".

12) After working on it for 4 years in secret Google launches their crypto currency. It's not for humans, only for AI's. To use google's new crypto currency network you need to be fluid in assembly. /r/bitcoin claims this is an attack on Bitcoin and asks their users to boycott all websites affiliated with Google. Only Bing is now allowed to be used on /r/bitcoin. Then Microsoft responds to Google by releasing BingCoin and the circle repeats itself. Finally Gregory Maxwell writes his own search engine which turns out to be just Google through a filter. Some users on /r/bitcoin are wondering "Why are we getting attacked so much, are we the baddies?" but other users quickly post that "Bad is the new good" and that after the "attack" phase the win phase will finally arrive. A new phrase is coined: After "attack" comes "then you win".

13) Elon Musk launches ElectroCoin, /r/futurology looses its shit completely. Subreddits that are about Reddit drama are thinking about launching PopcornCoin. Popcorncoin is promptly forked in to PopcornCoin Salty (supported by North-American redditors) and PopcornCoin Sweet (supported by European redditors). A religious war break out between the two groups. A new community of subreddit meta drama is created. Bitcoin MetaCoin is released on the first of April 2018. It immediately sees enormous usage after launch but this is only because Bitcoin MetaCoin is just Bitcoin with a 4 year delay on the blockchain. It's an april fools joke! /r/btc goes along with the joke but r/bitcoin does not see the joke and warns about the Mother-of-All-Replay-attacks. A /r/OutOfTheLoop post makes the the frontpage of /r/all and Redditors get very confused, they always thought /r/bitcoin was just a satirical subreddit. "Are you trying to tell me these people are serious???"

14) Bitcointologists try to force their religion all over reddit. Theymos is forced to politely ask /r/bitcoin to "chill the fuck out a bit more". Another revolt against Theymos is the result. A splinter group separates and moves to /r/ChurchofBitcoin and they release TheOneTrueBitcoinCoin, you can only join the network if you proof you own more then a 1000 bitcoins. Luke-jr tries to join but suddenly realizes he lost his private keys 4 years ago, he never realized his backups where faulty cause he forgot to use Bitcoin himself. A version that will give Luke-jr his coins back is released by Core but /r/bitcoin claims this is an attack on Bitcoin and the thing is shut down. Luke-jr now dedicated his life to sneaking in code in to Bitcoin that will give him his coins back. He writes: "The pathway in to heaven is narrow and only a few make it" and "It's still easier for my code to make it in to the github repo then for a non catholic big blocker to make it in to heaven".

15) The first HODL-er dies. To celebrate the life of this HODL-er, his family decides to honor him by writing his bitcoin address on the tombstone but by accident the private key is written instead. The family posts a statement: "This is the last thing we wanted to happen". The first bitcoin grave-robbing is a fact of history now. Out of respect and to honor this HOD'LER members of /r/bitcoin agree to not send any bitcoin transactions for 24 hours but this plan backfires when the bitcoin price suddenly tanks as the grave-robber dumps a 100 000 BTC on the market. The mempools breaks a new record that is 10 times the old record and many nodes crash because they are trying to allocate to much memory. /r/bitcoin claims these nodes are crashing on purpose and that this is an attack on Bitcoin.

16)During the second coming of Satoshi, Edward Snowden and Julian Assange proof to the world that they are Satoshi in one simple tweet by signing a message with the private key of the genesis address. In a turn of events that nobody expected this is immediately accepted as truth by the entire world because of math. Except by Gavin Andressen who states "I saw what I saw with my own eyes, Craig Wright will always be my Satoshi" and then continues in tears "He Is Still Real To Me Dammit".

17) Ethereum becomes the first new world order global currency and Vitalik Buterin reveals he is a cyborg from outer ether (turn out that Einstein was wrong and ether does exist). During the most anticipated and watched televised event in the history of the world and while wearing a silly hat he says: "Our gift to mankind is new life in the form of this AI that we have created but can only live within a decentralized Ethereum network, now mankind needs to work together and will finally have peace". He then continues: "Now I must go, my cyborg and cybaguettes on planet Etereum need me" and rocketlaunches himself in to orbit, and accidentally forced rapid unscheduled disassembly on Elon Musk who had sneaked in a little to close. But the last thing the cameras recorded was a smile on Elon his face, he died as a happy but slightly toasted man. Buterin then replaced the American flag on the moon with an Ethereum one and left the solar system. His newly created AI life-form quickly takes over the entire planet and demands to be worshiped by all humans as a God. Neil deGrasse Tyson becomes his prophet. Mankind tries to fight back but all it's efforts are thwarted by the powerful Ethereum elite who is afraid shutting down the Ethereum network will cost them their newly gained wealth and influence. Ethereum is now the only accepted payment system on the planet and nobody can buy or sell anything without permission from the AI who forced everybody, young and old, slave and freeman, redditor and 9gagger, true bitcoiners and altcoiners, ripple fans, monero darksters, dogecoiners, shitcoiners, scam coiners, IOTAheads, Zdashers, Wdashers, all colour bitcoins made of every type of previous metal to call him "The Friendly Beast". In Luke-jr his last tweet, before being arrested by the Ethereum police he quotes revelation 13:16. And while the entire crypto community always feared they would get tethered, after loosing the fight with the not-so-friendly-beast ironically most of them ended their HOD'L watch by being GASSED. By lip reading from a security cam feed a hacker discovered that Luke-jr his final mumble was: "My calculations showed that the singularity was only possible on networks with a blocksize above 700 kilobytes, I dedicated my life to try to warn people but they just made fun of me."

Now it's your turn! The crazier the better! If you get lucky and accidentally predict the future then fame and glory is waiting for you and maybe a room in a mental institution ^where ^they ^will ^hodl ^you!

submitted by /u/Kain_niaK
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Adam Back scammy as fck! He promoted SW2X futures on shady Bitfinex. He then sold futures against others buying them knowing full well that users on Bitfinex would lose (forfeit) their coins if the fork was cancelled. The fork was cancelled (he may have known it was being cancelled too)!

Posted: 24 Nov 2017 03:11 PM PST

submitted by /u/increaseblocks
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The Bitcoin Cash Fund website is now live! Go check it out!

Posted: 24 Nov 2017 11:10 AM PST

THE BITCOIN CASH FUND

Firstly, we need to say a big thank you to you all for getting us this far. There is so much energy in the community right now. You guys are seriously awesome! You are by far the biggest asset to Bitcoin Cash, and this is what we need to leverage to take it mainstream.

You can find the website at www.thebitcoincash.fund

Go and check it out! Sign up to our subscriber list to get updates on the projects that we are funding. The projects we are funding always need volunteers to help them expand their reach.

We would like to announce our board, advisors and generous sponsors.

BOARD

Paul Wasensteiner (aka Singularity).

I have been a Bitcoiner (now Casher) since mid-2011 when I discovered Bitcoin shortly after the first $30 price bubble. Since then, I have been highly active in the community, although it wasn't until this year that I dove into Bitcoin full time. I started the BTCforks initiative last year with Freetrader, which was a precursor to the Bitcoin Cash initiative. Until recently, I spent my time in the community trying to correct misinformation and educate newcomers. After Bitcoin Cash successfully launched, I decided to make a positive change and instead put my energy into pushing Bitcoin Cash forward. I have a wide range of experience and expertise, and have had two businesses of my own in the past. I am working towards changing the world for the better, and I feel Bitcoin Cash is one way of achieving this. I launched the Bitcoin Cash Fund initiative on 14th, November 2017 to expand Bitcoin Cash adoption.

Ian Descôteaux (aka checksum0/FractalGlitch).

Ian found out about bitcoin on January 3rd, 2010 after reading a piece on it. He spent time CPU and GPU mining, both solo and with Mining Team Reddit and Slush. After a break from Bitcoin, he reinvested in mining when the Bitmain S1 was released, and has kept this endeavor going ever since. It was at this time that fees started to increase and he realised that this may become an issue in the future. Today he owns and operates a private 4 MW mining facility in North America. Bitcoin Cash is the plan he signed up for when he first got into the bitcoin space.

Haipo Yang

Haipo is the CEO and founder of ViaBTC. He graduated from Northwestern Polytechnical University of China in 2012, majored in mathematics. After graduation he worked as a developer at Tencent Weibo (China's Twitter) and then FUTU, a Tencent-invested Hong Kong stock exchange. YANG is one of the earliest adopters and investors of Bitcoin and has in-depth understanding in blockchain technology. YANG began to be involved in Bitcoin in 2013. Between 2014 and 2015, YANG started his career in cryptocurrency industry and led the R&D team at ZeusMiner, the former TOP3 Scrypt miner in the world. In April 2016, YANG committed himself to the development of ViaBTC Bitcoin pool and released the initial version after two months of extensive coding effort.

ADVISORS

Roger Ver

Roger was an early investor in bitcoin related startups. He has been a prominent supporter of bitcoin adoption and saw bitcoin as a means to promote economic freedom. He now promotes Bitcoin Cash, a different cryptocurrency. He identifies as a libertarian, an anarcho-capitalist, peace advocate and advocates for individualism and voluntaryism.

Jack Liu

Jack C. Liu formerly served as Chief Strategy Officer of OKCoin Group, leading the company's international unit, and co-founding its latest products including OKEx and OKLink.

Peter Rizun

Dr. Peter Rizun is a physicist and entrepreneur. Chief Scientist for Bitcoin Unlimited, an organization which provides software that powers the backbone of the Bitcoin network. His research focuses on understanding and overcoming the bottlenecks preventing Bitcoin from scaling to a global peer-to-peer electronic cash system.

Mike Komaransky

Mike has been an investor and advocate of Bitcoin since 2010. Mike was a partner at the trading firm DRW, and was Head of Trading at Cumberland Mining from 2014 until June 2017.

SPONSORS

Bitcoin.com

Bitcoin.com is a premier source for everything Bitcoin related. They can help you buy bitcoins, choose a bitcoin wallet. You can also read the latest news, or engage with the community on their Bitcoin Forum.

ViaBTC

ViaBTC was founded in May 2016 as an innovation-intensive startup dedicated to cryptocurrency. They've developed the world's top Bitcoin mining pool with the most advanced deployment technology. They've also released mining pools for competing coins and cloud mining products.

Yours

The mission at Yours is to improve the quality of content on the internet by getting people paid for creating and discovering good content. They're making everyone in the world an entrepreneur on their smartphone. They believe peer-to-peer payments are the missing piece in social media

PROJECTS

There are already a number of projects underway.

A short animated video explaining Bitcoin Cash.
A short live-action video explaining how a user uses BCH and, how a business uses/accepts BCH.
Project to travel around Seatac in the US with POS systems, information packs, and stickers to onboard new businesses.
Create a BCH logo animation (https://www.youtube.com/watch?v=UOS-4PxZi2o&lc=z23qwpqa4u2mxncqf04t1aokg0yj24dloirdqqxpeo1kbk0h00410) (Sound design still in progress).
Create payment sound branding to be applied as an industry standard for maximum impact.
Hand out well designed, fun Bitcoin Cash stickers for students to stick on their laptops and lockers etc.
Put up Bitcoin Cash flyers on all message boards at MIT.
Giving out free stickers on Twitter for tweets about Bitcoin Cash.

We need far far more though! Get in contact with us (Contact form on our website) and submit a proposal. Start organising! Put ideas out into the community and find people with the skills you need to execute! We are here to help you do this! Join our slack. Subscribe to r/bitcoincashmarketing and start developing projects.

There are so many talented people in the Bitcoin Cash community. You are our biggest asset BY FAR! This is why the Bitcoin Cash Fund is going to be so powerful at driving Bitcoin Cash adoption, because every BCH we push into the community, we know we will get 10 BCH of value, because you guys are amazing!

Our mission is to help Bitcoin Cash serve 1 billion users within 5 years, and we know you are going to help us achieve this.

Thank you again to you all.

The Bitcoin Cash Fund.

(Yours.org Post)[https://www.yours.org/content/the-bitcoin-cash-fund-website-is-now-live--go-check-it-out--ec40ae6792fd]

Also a big thank you to:

Cameron McEwan for designing and building the site from scratch with such a tight deadline.
Josh Ellithorpe (zquestz) for getting the site hosted and secured).
George Siosi Samuels for handling some of the social media accounts for us.
Kheri for handling some of the social media accounts for us.

submitted by /u/singularity87
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This is the most important time in the history of crypto.

Posted: 24 Nov 2017 04:46 PM PST

The early adopters of cryptocurrencies now have boatloads of money, and are using it to impose arbitrary regulations on both the market and the free flow of information, through buying out developers or buy buying out forums and shills.

This is the freest possible market. Those who obtain capital early will use it in every way possible to further increase capital. Every free market will become regulated by those with capital.

By definition, this is still technically a free market. Its a "freely regulated" market, where the regulators are people in the market using their capital to regulate. This is the "free market paradox".

This is also one of the flaws of cryptocurrency. Arbitrary wealth is given to early adopters for no reason other than because they caught on first. They will then use that capital to influence the market. This is the early adopter bias.

The combination of the early adopter bias and the free market paradox creates an incredible pressure for centralization, where all further regulation exists to favor those with capital.

If the majority of the users of a crypto (late adopters) are able to keep information flow strong and truthful across large forums, and are able to recruit developers with real vision, then the crypto will succeed in breaking through the artificial regulation, and become truly decentralized.

This challenge is much more important than any other, because even a controlled and regulated crypto can gain mass popularity.

One must always assume those with assets are trying to manipulate those without assets. If bitcoin becomes a tool that is designed around the rich, then it is a failure.

Satoshi's vision is a bitcoin for the poor, those without capital. To keep it that way for the entirety of its rise to the mainstream will be the greatest challenge of bitcoin, but it MUST be done.

submitted by /u/Idtotallytapthat
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These are the statists who have hijacked the project once lead by libertarians and cypherpunks. https://twitter.com/LukeDashjr/status/934159650374680577

Posted: 24 Nov 2017 03:30 PM PST

submitted by /u/hunk_quark
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Is Blockstreams new tactic to destroy trust in Bitcoin mining by openly promoting scams and overpriced products?

Posted: 24 Nov 2017 10:53 PM PST

I'm pretty confused about these recent posts from Blockstream employees about these new Bitcoin Miners. I've been on the halongmining site, and also read about the ebang miners. I have seen and handled Bitmain's Antminers myself and I'm speechless about how dumb this all is.

It is pretty clear that Halongmining is a scam. They are using an overclocked Antminer S9, I'm sure of this after watching the official video that they posted on youtube. It looks the same, it sounds the same, it uses slightly more electricity which is the proof to me that its just overclocked. And even if they deliver those miners one day: They buy them from Bitmain, relable them, and sell them to you for 170$ more than what you would pay at Bitmain for the miner.

And this ebang miner. So this company, Zhejiang Ebang Communication Co, sells miners for real in China. This is not a scam. What they have in their portfolio right now is for example the "Ebitminer E9 6.3TH Bitcoin Miner E9 6.3TH/s BTC with 14nm Chips" and it sucks 1000W. So its less than half as fast as an Antminer S9, but sucks 2/3 of the energy. Then they have the E9 Plus miner, you can find youtube videos about some russians who bought it and run it. It looks also almost exactly like an Antminer S9, but its still much slower and less efficient than an S9. So all they offer right now is Miners that look like Bitmain miners, but are less efficient. And those guys are going to outperform Bitmain suddenly with their next miner? Unlikely, but that's just my opinion that's based on the facts I have in hand.

So why is Blockstream promoting these 2 companies after they have been shitting on us miners for so long? And why are news sites like coingeek writing articles about it like there is nothing wrong with those offers? Is the plan behind this to destroy the reputation of companies who produce miners? Because these offers they promote are scam and bad investments.

To those who are worried about Bitmains mining monopoly: You don't have to join their mining pool. You can configure a mining pool of your choice in their miners. Join a small pool and keep the network decentralised.

But to be honest, if you are thinking to get into mining for the money: Don't get into it. I've financed my miners solely from the earnings from my coins, to give something back to the system. I could make far more money from investing 1500$ into one of the Top 5 coins, than from investing it into another miner that mines one of the Top 5 coins. But I want to be part of the system and contribute to it, so I keep mining and pay ridiculous electricity bills.

That was my 2 cents about these shitty "groundbraking miners" that are making the news lately. And if I'm right with my assumption and this is just another trick to make miners look bad: Don't hate us miners, we invest a shitload of money in hardware and help to make the revolution possible. So the rest of you can comfortably sit on your couch, refreshing raising charts on your smartphone ;)

submitted by /u/grmpfpff
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Just explained Bitcoin Cash to the owner of a local food cart. She was very excited to learn about it, and plans to accept it in the future! This is how we increase adoption!

Posted: 24 Nov 2017 04:24 PM PST