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    Saturday, December 23, 2017

    Bitcoin Cash Bitcoin Cash Mixer/Tumbler

    Bitcoin Cash Bitcoin Cash Mixer/Tumbler


    Bitcoin Cash Mixer/Tumbler

    Posted: 23 Dec 2017 10:45 AM PST

    With coinbase adding bch many are able to finally get that bch you have been waiting for.

    If you are in search of a a bch mixer I would suggest https://privcoin.io

    They have proven to be reliable and speedy. Protect your privacy.

    Happy Holidays :)

    submitted by /u/Francesca_Turner
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    Why I've Made The Move From Bitcoin to Bitcoin Cash

    Posted: 23 Dec 2017 03:29 AM PST

    So I decided to jump ship and move from Bitcoin to Bitcoin Cash and here's why I think everyone else should too, I'm going to try and cross post this to Bitcoin subreddits but they tend to delete any post I make like this.

    As soon as I heard about Bitcoin I was a fan of it, unlike others, I never got into Bitcoin to 'get rich' I started investing in around 2014 but unlike other people, I've not become wealthy as I've often spent my Bitcoin and used it as a form of payment.

    After all, this is what made me passionate about Bitcoin in the first place, the chance to use a decentralized currency, out of government control sending payments across the world for fractions of a cent. This was the very purpose of Bitcoin, this was it's heart and soul and what I loved about it.

    Now Bitcoin has totally lost it's identity and in my opinion is almost valueless, let me explain why.

    Yesterday I purchased around £100 in Bitcoin, Coinbase went down during the crash so I purchased around £50 on Blockchain.info and around £50 on Coinbase when it came back up.

    I wanted to move the newly purchased coins to a different wallet so I could swap it for different Cryptocurrencies, I was shocked to find that it would cost me over £30 in exchange fees just to move my £100 worth of Bitcoin.

    This means that Bitcoin has become an option only for large investors who are investing several hundred if not thousands of pounds. It was no longer as a micro or small investor to invest in Bitcoin as to move it would take a significant chunk out of my investment.

    This is higher fees than any bank or any other payment processor or financial institution out there. I can make investments on the stock market for less of a fee.

    It's no surprise that Bitcoin has become a 'store of wealth' and has been this way for a long time bit I pose this question. Other than people making money and profit off of Bitcoin, what does it actually offer that's unique?

    Bitcoin no longer offers anything, technically speaking the technology behind it is dated, null and void. It's like investing in a company that refuses to adapt, change or offer anything unique, new or exciting. Granted Bitcoin had it's advantage as a first mover but the communities stubbornness not to adapt and change and keep it's core initial goals at it's heart will be the death of Bitcoin.

    I have no doubt the price will again rise and continue to go up as too many wealthy people have invested in it to just let it crash beyond recovery point right now.

    However, I think once investors see that the technology is no longer there and it actually offers NOTHING now that other Cryptocurrencies don't already offer or do better, then eventually the price will steadily fall.

    I moved to Bitcoin Cash because it's doing what Bitcoin should have done, it's the Cryptocurrency that Bitcoin should have been and did start out as, it's taking it back to the core purpose of why early adopters got on board and fell in love with Bitcoin and made it a success in the first place.

    The point of this post really is to ask people to think about this logically, I'm not bashing on Bitcoin for no reason and I'm not trying to convert people. Honestly, I was kind of against Bitcoin Cash at first just because I don't like change and would have liked Bitcoin to make the scaling changes it needed to survive itself, I switched because it was the only logical, sensible thing to do.

    TLDR: Bitcoin is worthless, even as a store of value it is rubbish, it has refused to adapt and change and is not scalable, the core purpose that won over early adopters to be a form of payment where you could send payments across the world in a fraction of a second for a fraction of a cent is no longer possible. Their refusal to change and adapt will make it the AOL or MySpace or Crypto, since it literally has no other use, other than a store of value atm, it can only be defined as a bubble which will collapse fast especially considering it's become too expensive for micro or small investors to enter the game now, it wont be long before it loses a lot of value and comes crashing down and a superior coin like Bitcoin Cash will take its place.

    EDIT: Thank you so much for the Reddit Gold! So grateful :)

    Couple of inboxes asking for BCH address: 14jLRjzkbdQPNg37XozedPGiRYAFEWLrpi

    You guys are awesome!

    submitted by /u/R1CK3O
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    Firsth month into crypto. My toughts, questions.

    Posted: 23 Dec 2017 10:29 AM PST

    As a newbie in the crypto world I have a few questions and thoughts.

    When I dived into the crypto world, now a big month ago, I was a huge believer of Bitcoin - I mean the first one - so I started reading and searching the internet for where this was going. I really believe in a cryptocurrency that opens the world, without the use of banks etc.

    I created myself an wallet, looked around and bought my first (partial) Bitcoin. In the beginning I thought that I could never get into the crypto market because one Bitcoin was so high in price, but as things seems to be more adopted now I could by part of a Bitcoin with my bankaccount. The amount of money I invested are really low for now… but I really believed in the project, so my plan was every now and then buy some BTC from money I could afford to spent.

    My first Bitcoin where bought, not only as an investment, but really to support something I believed in. When I saw the price take highs and lows, I was even more interested, because let's be honest: who doesn't want to earn a little extra money?!

    I was (am) using Youtube, Twitter, web searches and more to learn more about the whole crypto world, and the more I looked into it, the more excited I became. There was more then Bitcoin, and I got to know Ethereum, the use of tokens, … so I wanted to exchange half of my invested BTC, about 50 EUR into Ethereum. I made an account on a couple of exchanges, to see witch one I liked best and then send money from my wallet to one exchange. The first thing I noticed was that BTC isn't cheap, or free or fast as I red on most sites. I was only left with 20EUR BTC in my exchange. That was the point I was wondering if it was not only for rich people like I first feared. Fact was - and is - that BTC for a newbie like me with only little money to invest each month wasn't (isn't) the best choice. Ethereum is a whole different game, so I wanted to focus on the other two currency's LTC and BCH.

    I am not someone who throws the towel in the ring!! This was the time I started reading about Bitcoin Cash and Litecoin.. and at first I had no clue wat a hard fork was, what the difference was between BTC, LTC and BCH so I dived into it again. BCH and LTC really made me realize that this was the 'thing' I believed in, but i was very sceptic, because I heard a lot of rumors over ICO's and scams… LTC was longer around so is it better then BCH? But if it's around for so long, why didn't it skyrocket? I red a lot of negativity about BCH so I was very unsure about what to do. I looked further and red more…

    Now I am stil having a lot of questions, and I'm still not completely sure what to do, I'm still reading a lot and look for more information every day.

    The negativity around BCH in Youtube movies and comments that really hated BCH or Roger Ver stunned me … I looked at an interview with Rover Ver, that went a little wrong, because his buttons where pushed the whole time. I saw a lot of movies where they saying BCH is a scam, etc etc… but then I started thinking: Why ??? Why is everybody so angry at BCH? Is it because, maybe, they really have it back on tracks? And the rest is scared?? I'm still not sure but the more I dive into it, the more I like BCH.

    I like BCH, but what about LTC? This is a question that I can't answer for now, if you guys have more information for me to sort this out, I'd really appreciate it. Am I making the right choice? Do I have to believe people who call me nuts that I put my money into something new as BCH instead of LTC? It's a question staying on my mind… But hey: I like the fact that BCH stand for the principles, that it should be usable, even for smaller investor/transactions. People of BCH seems to have a really clear vision of were they want to go and I like it very much. So I guess I made the right choice…

    This was my first month in crypto that I wanted to share with you ;) Thanks for reading, and if you can help answer my doubts please do ;)

    (You never know if someone rich would like to support my first steps in crypto lol ;) : 1HKa4DkowDwkGVXjRJN1VCjsP8amVDEJGo )

    submitted by /u/Krikke80
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    Coinbase transfer to ledger nano unconfirmed - help

    Posted: 23 Dec 2017 10:34 AM PST

    Hey people, I sent a small amount of BCH from coinbase to my ledger as and received within seconds. Tried a larger amount and everything seems in limbo, no confirmations nor info on blockchair...

    Should I be concerned and/or anything that can be done?

    Thanks

    submitted by /u/ilovedyourwife
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    After recent crash, Bitcoin Cash rebounds stronger than Bitcoin. In the past 24 hours, BCH is up 42% and BTC is up only 15%.

    Posted: 23 Dec 2017 05:36 AM PST

    The BCH/BTC pair is looking better and better for Bitcoin Cash.

    submitted by /u/BitcoinIsTehFuture
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    Why is there so much FUD against big blocks as a on-chain scaling solution?

    Posted: 23 Dec 2017 08:41 AM PST

    Scaling Bitcoin Cash on chain with simple on-chain block size increases is a viable scaling solution. There never really was a scaling problem. It's not even expensive to accomplish today with existing hardware/software let alone if we do it gradually as adoption increases.

    In the short term Bitcoin Cash teams plan on increasing block size to 32MB and they are already testing 1GB blocks (3,000-7,000 tx/s) http://www.trustnodes.com/2017/10/14/first-1gb-bitcoin-block-mined-testnet

    and 1TB blocks (3,000,000-7,000,000 tx/s) https://news.bitcoin.com/7-million-transactions-a-second-research-paper-declares-1tb-blocks-feasible/

    Cost for nodes? nChain and other research groups have demonstrated nodes that can process 50-200 thousand tx/s that cost only $20,000 on existing hardware and software. Think of how much money banks spend on their data centers let alone the rest of their infrastructure. Throw couple hundred of those around the world along the main internet pipelines and you have yourself a global decentralized Bitcoin that can blow banks/credit card companies out of the water for a tiny fraction of the price.

    Bitcoin could outperform VISA today but since crypto adoption is still just getting started. We can keep nodes small for now (8mb-32mb blocks) and take advantage of all the cost benefits of Moore's law and software optimizations that will be available when it's time to increase the block size to the next level.

    submitted by /u/Guidosan
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    Changing BTC to BCH

    Posted: 23 Dec 2017 09:32 AM PST

    Hey guys,

    I have been following the crypto market for awhile and have finally taken the jump and after some research have decided to go with Bitcoin cash. Now i have some Bitcoin core on blockchain.info and i can exchange it there for BCH but the fee is around 76 eur. Does anyone know a cheaper option?

    Thanks! :-)

    submitted by /u/Wobblenator
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    Dedicated paper wallet making device

    Posted: 23 Dec 2017 07:30 AM PST

    To make a safe paper wallet, you'd need to have an airgapped computer, connected to an airgapped printer.

    How about having a dedicated, intrinsically safe offline device similar to hardware wallets, which connects to a "dumb" offline printer and makes paper wallets, or BCH bills that you can exchange without any connection to internet whatsoever?

    Think of old dot-matrix printers like EPSON LQ-300 series, and thermal printers for recipes printing. These printers are completely offline, proven old technology, and do not posses any known exploits. Make a small device with a text screen, which has USB, Serial, and Parallel port to connect to a printer, and you're good to go.

    1. Make a wallet stencils, or print the wallet form on any regular printer. The wallet form will have blank space for keys and QR code.

    2. Insert A4 or Legal papers with wallet forms into a dot-matrix printer connected to Wallet Maker device.

    3. Input how much wallets you want to print on the Wallet Maker device, and hit Print button.

    4. Printer feeds the paper with wallet forms and prints only the sensitive information.

    5. Place tamper-proof stickers on the private key part of the bill, or fold it and seal with glue to hide private key.

    6. Send BCH onto paper wallets / bills.

    7. Repeat steps 2-5 for as many wallets / bills you need.

    8. Exchange the BCH bills with people, like you would exchange dollar bills.

    I'm thinking of making this widget myself. First I'll have to see how hard would it be to port private key generation code to a microcontroller, and how good QR code looks when printed with a 9-pin dot matrix workhorse.

    submitted by /u/Kvlada
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    How long for S9 worker to show up on Bitcoin.com pool?

    Posted: 23 Dec 2017 09:46 AM PST

    Its been running for 16minutes by now, no Th/s reported on the dashboard yet.

    Btw, I paid for this S9 with 100% of my crypto profits (now back to just original capital for the time being), at going market rate for a November 13.5 Th/s model...dumb idea or no? I'm gonna have fun mining regardless..

    submitted by /u/qsfpYQHC1ARyIcpCQ9n3
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    Stay strong and hold ! we are in important area

    Posted: 23 Dec 2017 08:47 AM PST

    Hold!!!!!!!!!!

    submitted by /u/Turkkiendez
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    Considering transferring what little BTC I have into BCH.

    Posted: 23 Dec 2017 12:24 PM PST

    I have about .05 in Bitcoin, which at the moment is roughly $800.

    If I were to shift it now, I immediately lose about $150 due to network fees on Exodus. I'm worried that as time goes on, BTC's fees will continue to get bigger, and eventually I'd lose all $800 due to network fees.

    I'm considering swapping it all out for BCH. I have substantially more BCH.

    But I don't want to miss out on any future hard forks, if BTC has them.

    Please downvote me if this is a terrible question, I've only just gotten into this this year.

    submitted by /u/ericshogren
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    old BTC to BCH - can i just import my private key?

    Posted: 23 Dec 2017 10:06 AM PST

    Hey everyone,

    All the guides talk about a confusing process to get access to the 'legacy' coins. Can't I just use a new wallet like electron cash to import my private key? The send/receive address is the same on BTC and BCC blockchains.

    I'm really looking forward to investing in BCH!!

    submitted by /u/cyrus221
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    In the end of the day: Holders get what weak hands can't

    Posted: 23 Dec 2017 06:37 AM PST

    So everyone was scared selling his bch at 0.19 now he's looking to the chart and cry

    Congrats holders we are going to 0.4 as next step

    submitted by /u/Turkkiendez
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    Congrats on Holding my friends, See where it got us?

    Posted: 23 Dec 2017 06:18 AM PST

    I just wanted to take a sec and give a big Hell Yeah!! to everyone that held through the craziness yesterday. This ride called Crypto is still on the threshold of busting through some gates and the ride has yet to truly come.

    .211 currently, that is a wondrous thing.

    submitted by /u/MyBytesNotYours
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    Bitcoin mining profit comparison between Antminer S9 and HashFlare.

    Posted: 23 Dec 2017 08:34 AM PST

    I have bitcoin cash and didn’t know it?

    Posted: 23 Dec 2017 05:54 AM PST

    After coinbase added bitcoin cash I saw that I actually had some in my coinbase wallet. The bitcoin cash is the same amount as my bitcoin. Can anyone ELI5? Thank you!

    submitted by /u/beigethreads
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    Got a friend into bch

    Posted: 23 Dec 2017 11:24 AM PST

    It is his bday today so I said hey if you make a bch wallet I could send you some for your bday. He now loves the idea of bch now.

    submitted by /u/Kooonur---
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    Why BTC price affects the whole market, simple explanation.

    Posted: 23 Dec 2017 05:26 AM PST

    I've read some comments around BCH being a "centralised scam". Why would people use this terminology?

    Posted: 23 Dec 2017 12:55 PM PST

    I would understand someone saying BCH was a "scam" because it's ambiguous and a phrase which could be loosely thrown around subjectively by someone who is against BCH. What I don't understand is the "centralised" part? BCH is a decentralised currency so why would someone use this particular word to describe BCH?

    submitted by /u/KrisBkh
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    We Green today.

    Posted: 23 Dec 2017 04:42 AM PST

    Due to all the new people asking how to start investing, I made a step-by-step guide on how to buy with lowest fees!

    Posted: 23 Dec 2017 12:08 PM PST

    Did someone just place a $25,000,000 worth buy order on bitstamp?!

    Posted: 23 Dec 2017 07:44 AM PST

    If Bitcoin Cash was to fork?

    Posted: 23 Dec 2017 01:31 PM PST

    If bitcoin cash was to fork to increase block sizes, does that mean bitcoin cash holders would get some of the new coin like last time with btc/bch?

    submitted by /u/ProudNormie1
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    Cryptocurrency Market Rebounds Within 24 Hours, Ethereum, Bitcoin Cash, Litecoin Rally

    Posted: 23 Dec 2017 12:47 PM PST

    We've hit yesterday target :)

    Posted: 23 Dec 2017 06:42 AM PST

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