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    Home Unlabelled BTC More and more Core supporters suggesting alt coins for faster and cheaper payments. Couldn't possibly be a better endorsement for Bitcoin Cash.

    BTC More and more Core supporters suggesting alt coins for faster and cheaper payments. Couldn't possibly be a better endorsement for Bitcoin Cash.

    November 20, 2017

    BTC More and more Core supporters suggesting alt coins for faster and cheaper payments. Couldn't possibly be a better endorsement for Bitcoin Cash.

    More and more Core supporters suggesting alt coins for faster and cheaper payments. Couldn't possibly be a better endorsement for Bitcoin Cash.

    Posted: 19 Nov 2017 08:34 PM PST

    Title says it all. I've been seeing more and more over the last week, people trying to vilify high-profile people for using or supporting Bitcoin Cash as if they're the enemy and then suggesting that they use an altcoin like Litecoin or Dash if they want faster and cheaper payments.

    It's like they have Stockholm Syndrome or something.

    submitted by /u/BlenderdickCockletit
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    Bitfinex is the next MtGox. People are starting to scream about it in droves. It’s becoming a big problem. This is exactly how the MtGox crash began and then poof. It was gone along with millions in user funds

    Posted: 19 Nov 2017 07:23 PM PST

    How is Tether even receiving USD since the Taiwanese Gov FROZE all international wire transfers since April?

    Posted: 19 Nov 2017 05:13 PM PST

    Taken from their own announcement: https://tether.to/announcement/

    Since April 18, 2017, all incoming international wires to Tether have been blocked and refused by our Taiwanese banks. As such, we do not expect the supply of tethers to increase substantially until these constraints have been lifted.

    Surely these millions of new Tether aren't being backed by USD from just Taiwan? How is it possible for Tether to even get outside money?

    edit: Tether also, for the first time, showed a negative equity (insolvent) on their page because they forgot to rig it after printing 30M Tether out of thin air: http://archive.is/8fh18

    Edit2: Getting hate in the mail. For those who think i'm a shill spreading FUD. Idk. Check my comment history? Also, if this shit is going on, it is bad for ALL OF US.

    Edit3: There are bots reposting my post word for word in /r/Bitcoin. I am not sure if it's just to spread FUD or to make me seem like a copy/pasta bot. But weird.

    submitted by /u/Omnishift
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    Roger Ver: Bitcoin Cash is not an offshoot of Bitcoin, It's the original Bitcoin with the original functionality restored.

    Posted: 19 Nov 2017 01:08 PM PST

    Had one of my contractors ask for payment in BCH today!

    Posted: 19 Nov 2017 08:25 PM PST

    Never been happier to pay a bill in my life!

    submitted by /u/HermanSchoenfeld
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    New Tether Logo

    Posted: 19 Nov 2017 11:26 PM PST

    Craig Wright: "When Tether collapses, and it will, the BTC debacle will be far worse than Mt Gox"

    Posted: 19 Nov 2017 11:57 PM PST

    John McAfee: ”WTF is wrong with you?”

    Posted: 19 Nov 2017 02:42 PM PST

    Can we really trust people that literally rely on censorship to develop a censorship-resistant anything?

    Posted: 19 Nov 2017 11:23 AM PST

    Bitcoin Cash will hit 50,000 tx/second this time next year. You can stick to 3 tx/second, I'm not going to stop you - Dr. Craig Wright.

    Posted: 19 Nov 2017 10:49 PM PST

    The other sub is delusional and self destructing

    Posted: 19 Nov 2017 10:38 PM PST

    Look at the other sub. They post 8000$ animated gifs and tell each other to block their ears when they see a post about Bitfinex. Doesn't it remind you of something? God. Even in Hollywood's movies this ends badly when people start doing this.

    submitted by /u/gopnikRU
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    Banned from /r/Bitcoin because “Craig Wright is a fraud.” Absolutely disgusting display of censorship to fit their narrative.

    Posted: 19 Nov 2017 09:22 PM PST

    Maybe we can improve the Bitcoin Cash Wikipedia page so it stands alone on its own merits with enough useful information on it. Segwit coin has already changed to be vastly different from the original whitepaper.

    Posted: 19 Nov 2017 05:42 PM PST

    Tether (USD) supply increased by $646 million which were supposed to be backed by real money but there's no evidence of it

    Posted: 19 Nov 2017 02:32 PM PST

    Been spending time on rBitcoin just to see but every time I’m back I realize this sub is so much better, better for the soul ;)

    Posted: 19 Nov 2017 07:29 PM PST

    Core supporter admits LTC is better than BTC because it has... larger blocks.

    Posted: 19 Nov 2017 09:00 PM PST

    The only place on earth where you can directly convert USDT to USD, Kraken, doesn't actually have any USDT on its address.

    Posted: 19 Nov 2017 04:22 PM PST

    Background: If you check this page you might notice that while USDT is highly traded with many coins, the "USDT/USD" pair only legitimately exists at once place: Kraken. Bitfinex doesn't count since you can't actually get your USD back from there.

    According to this page, Kraken's address at 3NmqEssZvQomHbJFi72Hg3sEwBh6pSM6Zk current holds some ~1.3 million USDT... okay, sounds good considering the 24h volume never exceeds 1 million, right?

    I was curious where the USDT came from and where it goes, so I clicked into it. Woah. Last movement was November 01, and unless there's some UI bug that somehow doesn't apply to every other Tether address out there, no USDT is actually there.

    The balance aside, just the fact that there are no inputs/outputs means one thing: nobody has cashed out their USDT since some 19 days ago. Where does all the friggin' USDT/USD volume come from then? Wash trading?

    I was previously almost convinced that Tether was maintaining USDT "parity" via open-market buying in small volumes on Kraken, but apparently not even that. Watch carefully.

    Archived for posterity: http://archive.is/SLikq

    submitted by /u/imaginary_username
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    Also on /r/bitcoin.

    Posted: 19 Nov 2017 08:06 PM PST

    Some r/btc Statistics

    Posted: 19 Nov 2017 07:13 PM PST

    • Over $17,000 has been tipped through u/tippr
    • We have more that 80,000 subscribers with 2,500+ here now
    • Our sub is ranked 1,079 out of ALL subreddits
    • r/btc has been a trending subreddit 4 times
    • This subreddit has had a huge increase in subscribers over the past couple months.
    • We have one of the largest tipping communities on reddit (cough, r/dogecoin)
    • r/btc has over 400K unique visitors per month (~13K uniques per day)
    • r/btc has over 4M page views per month (~129K page views per day)

    Sources:

    submitted by /u/CryptoQwerty
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    Shout out to Roger Ver for choosing to stand in defense of a true version of bitcoin instead of signing off from this chaos and enjoying his fortune

    Posted: 19 Nov 2017 08:47 AM PST

    I am relatively new to the crypto scene, but the more I do research the more my admiration for the people who stand behind the bitcoin cash increases (yes despite the conviction thing, one conviction doesn't define a man)

    I know money isn't everything but if I was a millionaire and I had the choice between living the rest of my life off my fortune in comfortable peace away from chaos VS fighting for what's right and enduring the hordes of haters and trolls 24/7 I would almost guarantee that I will pick the first option.

    So Roger Ver, shout out to you man, keep fighting the good fight!

    submitted by /u/PM_ME_UR_ROOM_VIEW
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    r/bitcoin has jumped the shark

    Posted: 20 Nov 2017 12:06 AM PST

    r/bitcoin has jumped the shark big time. At least it used to be somewhat interesting to read their twisted logic and arguments. Now the average mental age seems to be 14 years. The front is filled with tired memes of Leonardo DiCaprio, Teslas, anime characters and pure greed. It's what I imagine the subreddit for the BitConnect pyramid scheme would look like.

    submitted by /u/SwedishSalsa
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    "Here's your change mam, that'll be another $10 please."

    Posted: 19 Nov 2017 04:23 PM PST

    Gavin Andresen on Twitter: "Be careful how you use your private keys; practice safe signing: ... BEWARE of new wallets!"

    Posted: 19 Nov 2017 06:24 PM PST

    The 30,000,000 USDT printed two days ago have finally left the station

    Posted: 19 Nov 2017 07:31 AM PST

    http://omniexplorer.info/lookupadd.aspx?address=3BbDtxBSjgfTRxaBUgR2JACWRukLKtZdiQ

    For those who are wondering what the heck I'm talking about, Tethers are usually "printed" from here, send to the address above, then proceeds to feed directly into the Bitfinex address to fuel a very blatant BTC pump shortly after. This time, however, they changed tactics: The Tether sat at their "treasury" for two days as "authorized but not issued", hence people called off the pending pump. But I just noticed that the USDT moved 4 hours ago, and after a chain of hops now ended up here; not a known exchange address, but where is it destined to? Spawning a new exchange? An unknown exchange wallet of an existing exchange that uses Tether?

    It probably isn't a batch release to actual investors who decides to hold them instead of using them, else it would've ended up in different wallets. I think this is a new tactic to throw the hounds off, watch carefully.

    submitted by /u/imaginary_username
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