• Breaking News

    Sunday, December 24, 2017

    Home Unlabelled BTC Tor Project: "Due to the current state of the Bitcoin market, our payment processor, Bitpay, will not allow us to accept donations of less than 100 USD. However, we can also accept donations, including smaller donations, through Bitcoin Cash. Send us a tip with @tipprbot on Twitter!"

    BTC Tor Project: "Due to the current state of the Bitcoin market, our payment processor, Bitpay, will not allow us to accept donations of less than 100 USD. However, we can also accept donations, including smaller donations, through Bitcoin Cash. Send us a tip with @tipprbot on Twitter!"

    December 24, 2017

    BTC Tor Project: "Due to the current state of the Bitcoin market, our payment processor, Bitpay, will not allow us to accept donations of less than 100 USD. However, we can also accept donations, including smaller donations, through Bitcoin Cash. Send us a tip with @tipprbot on Twitter!"

    Tor Project: "Due to the current state of the Bitcoin market, our payment processor, Bitpay, will not allow us to accept donations of less than 100 USD. However, we can also accept donations, including smaller donations, through Bitcoin Cash. Send us a tip with @tipprbot on Twitter!"

    Posted: 23 Dec 2017 11:46 AM PST

    Protip: If you are new to Bitcoin and cryptocurrency in general, you really should read the document that started it all, the Bitcoin whitepaper [PDF]

    Posted: 23 Dec 2017 12:15 PM PST

    The Internet Archive: "Wow! Gift of a lifetime to the open world! Pineapple Fund just gifted $1M in bitcoin to @internetarchive. We are blown away -- we’ll strive to preserve our digital world. THANK YOU #pineapplefund 2018 looking up!"

    Posted: 23 Dec 2017 04:09 PM PST

    I'm done with BitCore, you guys were right.

    Posted: 23 Dec 2017 07:14 PM PST

    I used to support BitCore and thought that SegWit + lightning would be the best solution to scaling (admittedly I hoped for segwit2x -- but still.) But with rapidly increasing fees, it's become clear to me that those you demanding immediate scaling were right. It's incredible to me that so many from Blockstream and /r/bitcoin seem to actually support high fees.

    2018 will almost certainly bring the end of any use of bitcoin for payment processing or any type of transactions. Most likely we will not see any implementation of scaling -- and at the rate fees are growing $100-$1000 fees are probably coming shortly. At that point, so much BTC will be permanently useless, trapped in wallets.

    Despite all this, I can easily see the price of BTC increasing anyway. I don't care anymore. Bitcoin cash is useful. Bitcoin cash is what I originally wanted from bitcoin.

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

    SegWit just doesn't help reduce BTC fees (again)

    Posted: 23 Dec 2017 07:04 PM PST

    The Japanese are figuring out that Bitcoin Cash is the real Bitcoin

    Posted: 23 Dec 2017 01:43 PM PST

    Pizzaforcoins is going to add native Bitcoin Cash support!

    Posted: 23 Dec 2017 06:21 PM PST

    The casino I play at added BCH support :)

    Posted: 23 Dec 2017 08:22 PM PST

    This is what grassroots organization looks like: New Bitcoin Cash meetup groups all around the world. Is your city listed?

    Posted: 23 Dec 2017 11:36 PM PST

    Here's a list of cities I know of that already have local Bitcoin Cash meetups. Let me know if I'm missing any and I'll add it to the list.

    Think your city needs a meetup? Take the first step and create a meetup page! There's lots of support available for anyone wanting to put together a meetup. @cryptartica on Twitter is sending out localized Bitcoin Cash flags to meetup groups. The Bitcoin Cash Fund is also offering support. I will send stickers to any meetup groups that want them.

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

    Did you know: the CEO of Blockstream let it slip astroturfing and shilling is used in order to manipulate Bitcoin consensus?

    Posted: 23 Dec 2017 02:58 PM PST

    Blockstream is the organisation employing Core developers and co-founded by Core developers, that received funding (of at least $76 million) to exploit a weakness they themselves created.

    https://twitter.com/adam3us/status/943876564856348673

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

    I didn't lose faith overnight, but I finally dumped it all... except for the roughly 0.5 BTC I have spread out among so many wallets it makes no economic sense to move. Wish I'd seen this sooner. Bitcoin Cash is what Bitcoin should be.

    Posted: 23 Dec 2017 07:23 PM PST

    Just moved $25k in 30mins and it cost me $0.04

    Posted: 23 Dec 2017 01:10 PM PST

    Bitcoin Cash is amazing.

    Edit** Looks like I overpaid!? absolutely fantastic

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

    Bitcoin Legacy is NOT a 'Store Of Value'

    Posted: 23 Dec 2017 06:14 PM PST

    Way overdue, but my crypto Airbnb project now accepts Bitcoin Cash! We have around 700 listings already

    Posted: 23 Dec 2017 02:01 PM PST

    Welp, here I am. Got sick of the memes on the other page and am liking it better here.

    Posted: 23 Dec 2017 02:39 PM PST

    This sub is what got me interested in Bitcoin Cash. Also, this sub seems to have better discussions on news and whatnot. I think I'll stick around for awhile. Consider me subbed.

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

    Digital money that needs coins defragged and people to check mempools for prices before sending, is broken money. That is a terrible user experience. A coin like that should be worth ZERO.

    Posted: 23 Dec 2017 04:31 PM PST

    Bitcoin Core now blaming everybody from Roger Ver to Coinbase for the high fees - even though they openly said the goal was high fees all along. It is so transparent it's laughable. The community turns on their plan, so they blame everybody else.

    But guess what? We all remember them saying that this is what they wanted. Their lies are out in the open for everyone to see. Add it on top of "SegWit is opt in" which is now openly targeted astroturfing and threatening of companies to adopt it.

    As is their gross incompetence for not having the foresight to see all the problems we are now seeing as a direct result of high fees, such as uneconomical to spend coin fragments, entire regions being priced out of using the currency, and exchanges stuck with significant sums of useless money.

    They are playing irresponsible games with a multi-billion dollar market. Or is it just a thinly veiled tactic to keep miners on the BTC chain by stuffing the blocks full of juicy low hanging fruit at the users expense?

    And now more and more people are ditching those bozos, as is evidenced by the flood of new converts to BCH.

    Viva la Bitcoin Cash!

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

    TeamLiquid.net drops support for Bitcoin payments due to network congestion, announces Bitcoin Cash to be supported when available via BitPay

    Posted: 23 Dec 2017 08:50 AM PST

    Yet another merchant drops BLegacy to add Bitcoin Cash!

    Posted: 23 Dec 2017 02:33 PM PST

    Bitcoin Cash miners from the Bitcoin.com pool used their BCH proceeds to buy Christmas gifts for a bunch of needy children.

    Posted: 23 Dec 2017 01:27 PM PST

    Huffpost: "All Merchants Want For Christmas Should Be Bitcoin Cash"

    Posted: 23 Dec 2017 07:21 AM PST

    Pineapple Fund Update: Homes in Haiti, Education for Girls, and a $1100 tx fee on bitcoin :(

    Posted: 23 Dec 2017 01:40 AM PST

    Hi all!

    In the spirit of maintaining neutrality among all bitcoin communities, I'm making this update of the Pineapple Fund in /r/btc.

    In the past two weeks, the Pineapple Fund has received thousands of applications from amazing charities, and made a small number of large contributions:

    • $1 million to charity: water, a charity I have been supporting personally for years. We're allocating half of our donation to support the operations of charity: water, enabling them to keep their 100% model.
    • $1 million to Mona Foundation, a charity supporting the education of women and girls in a mission to alleviate global poverty
    • $1 million to New Story, an innovative model for directly funding homes in impoverished communities, helping families break the cycle of living in survival mode.

    EDIT: also $1 million to Internet Archive and Pencils of Promise, and $100k to Green Steps Tennessee.

    I've done interviews and have been covered by Hacker Noon and Bitcoin Magazine. Give these a read if you'd like to know more about our fund!

    Applications are closing soon, so if you're a non-profit, please apply ASAP! I've been going through the applications in a preliminary stage, however we haven't reached out to any charities yet. I'm looking to close applications and finish reviewing every application, so we can get back to the ones we shortlist!

    Bitcoin transaction fee rant time. Skip if you'd like to ignore!

    In other news, we've had some hiccups with bitcoin core payment processing. One transaction, in which we used SegWit and paid an effective fee rate of 298 satoshi per byte, did not confirm for 4 days and counting. At time of sending, 298 sat/b looked like it would confirm within a hour or two.

    Since this created a series of unconfirmed transactions, we had to do something drastic: use Child-Pays-For-Parent with a very significant fee. We made a minimal transaction with a size of just 215 bytes, and paid 0.0794 BTC ($1,100 USD at time of sending) in order to expedite confirmation of all of our previous transactions.

    This did work, but we just had to spend more than a thousand dollars, money that we would love to rather donate to charities. It has been clear to us that the current bitcoin network is completely incapable of functioning as a payment processing network, not just for "cups of coffees" but even for multi-million dollar transactions, and we are using SegWit.

    We have sold the bitcoin cash in our addresses originally for BTC due to the wider acceptance and BitPay / Coinbase support. However, given the present network failure, we're looking to convert some of our funds to Bitcoin Cash, and encourage charities to accept Bitcoin Cash.

    Given that the Pineapple Fund has been a one person project with a busy life, I'd like to spend as little time micromanging the bitcoin network as possible. To BitPay and Coinbase, please support Bitcoin Cash as soon as you can. This isn't working.

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

    One of these coins is not like the others

    Posted: 23 Dec 2017 07:37 PM PST

    Bruce Fenton: "Regardless of what scaling solution you support, if you deny that Bitcoin fees are a serious problem you lose a lot of credibility."

    Posted: 23 Dec 2017 08:51 AM PST

    Wait.... what?

    Posted: 23 Dec 2017 05:42 PM PST

    When the devs are "toasting champagne" (their words) over your misery, your only option is to switch to a different currency with lower fees.

    Posted: 23 Dec 2017 09:02 AM PST
    Read more
    at

    No comments:

    Post a Comment