BTC Explanation of BTC crash... |
- Explanation of BTC crash...
- 'Store of Value' only they said. Don't worry about utility they said.
- When you bought in December
- Sad to see such misinformation spread by the Trezor devs. All they need to do is convert the entered CashAddr format address into a legacy address. There is no reason they need to adjust ANY backend systems. This really is a pitiful excuse.
- Weeeeeeeeeeee!
- More devs have left Blockstream!
- Charlie Lee is nothing short of a Bitconnect style of scammer
- /r/bitcoin has just removed self posts. So you can now only posts links at /r/bitcoin
- The longer this crash goes on, the more it highlights the insanely delusional mentality rampant in our greater crypto community.
- PSA: The community makes the currency succeed or fail. BTC has none. We are the oldest, smartest and the most dedicated and resourceful community that exists in crypto. Always building the future. Outcome: never in doubt.
- Roger Ver will be on Infowars at 12:30 PM EST tomorrow.
- Bitcoin Cash Giveaways (Venezuela)
- It has been 6 days since Coinbase (20 since HITBTC) switched to Cashaddr Security but Trezor & Ledger still not have switched. Every day they drag their feet their users are exposed to man-in-the-middle attacks. Please switch quickly to CashAddr.����
- Don't feel Bad, the global financial market is crashing, The DOW plunged 1100 points today, the largest drop in the index history.
- If you're feeling depressed, I'll be your friend.
- A new week of Bitcoin Cash ecosystem updates! The price is really the least interesting thing. This ecosystem is growing faster than I've ever seen a cryptocurrency's ecosystem grow before. Bitcoin Cash Ecosystem Updates -- Week 28 (February 4 - 10) (BCH paywall)
- BitPay Ingenico Payment Terminal App Demo
- Am I stupid for HODL-ing?
- Sold some of my coin and price has begun rebounding. You can thank me later gents.
- Blockstream Devs Depart to Design a Different World Computer - CoinDesk published by mistake and pulled article (not sure why)
- Seeing how the Alex Jones thread was heavily brigaded, I'm stocking up on BCH
- BUIP085: Double spend relaying
- A Fake Bitcoin Cash Token has Been Created on the OMNI Blockchain
- Ledger's answer and actions to the Man in the Middle Attack proof of concept
| Posted: 05 Feb 2018 09:54 AM PST
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| 'Store of Value' only they said. Don't worry about utility they said. Posted: 05 Feb 2018 06:16 PM PST
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| Posted: 05 Feb 2018 08:41 PM PST
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| Posted: 05 Feb 2018 07:20 PM PST
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| Posted: 05 Feb 2018 08:05 PM PST
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| More devs have left Blockstream! Posted: 05 Feb 2018 05:35 PM PST
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| Charlie Lee is nothing short of a Bitconnect style of scammer Posted: 05 Feb 2018 09:23 PM PST The first clue one needs to get is the hatred and the trolling. Charlie Lee is a bad troll, his trolling is silly or weak, but he is more dangerous than regular ones: he pretends to be a "nice guy". While regular trolls want to make you pissed, he uses his persona for personal gains while trying to shift focus out of him through hating over bitcoin cash. First start here: https://medium.com/@bitfinexed/coinbase-insider-trading-litecoin-edition-be64ead3facc There are some pretty disturbing "coincidences" there. (I'd love if someone more patient could make a compilation of the things this scammer have been saying) Charlie not only started ltc opportunistically copying BTC and gluing together some pieces of code (that he managed to make worse than the originals with his unique talent - such as asic resistance), but he also have being absolutely flippant in everything he says about bitcoin. He surfed the wave of being "silver to bitcoin's gold" since 2011. Suddenly, after managing to get listed in coinbase, he left it right after to "work on ltc" (all that time ltc had really near zero development). What was his work? To implement segwit, that was the only concrete thing he did, and I highly doubt he was responsible for most of the code except just cloning BTC repo. So he started to surf the wave of "being a test bed for these awesome technologies". So lets draw a timeline here: 2011 -- LTC is born from a major copy&paste event: https://bitcointalk.org/index.php?topic=47417.0 (notice that he edited the OP up to june 2014 to make it look better - hover over the date) Up to 2017 nothing really happens, except mining. LTC is silver to BTC's gold, and LTC will succeed iff BTC succeeds. That's the narrative. April, 2017, charlie lee leaves coinbase after he manages to list LTC there. LTC was DEAD and suddenly spikes violently in price right after listing. Until august, charlie lee only shills about LTC, segwit, LN and blockstream related things, posting infantile animes and cartoons. Goes to a TV show and says that LTC is a like a token, for fun, embarrass himself. LTC community gets pissed and he replies to them saying that it is not his responsibility to pump their holdings. (thread must be there still, I read it myself but can't bother to find it now) Funnily enough, after 1st of august, he starts to slander BCH, call it a scam, getting pretty vocal and tweeting more shit than anyone can possibly tolerate and says that "he is done tweeting", and deletes several of his tweets. But comes back days after this bluff. A guy who doesn't stick to anything he says, never. (I start to study BCH, I used to follow charlie lee on twitter, I've found that overly strange and too exagerated) Suddenly his tweets are talking down BTC and shilling LTC alone, contradicting what he said to his followers in reddit, that he wouldn't shill LTC - remember: for over 5 years all he did was cheer-leading BTC and say "hey I'm the same but I'm the silver version". He continues to badmouth BCH without nothing to back it up. Even luke-jr gets pissed with him and calls his shitcoin out, saying that he would rather use BCH. Posts pictures of him with "HODL" shirts and etc. There is scant content to be found besides memes and other crap like that. Clear shilling. December 2017, charlie lee dumps ALL his LTC he accumulated over 6 years of mining at the top of the hype. Not a part, but all, without further notice. I mean, there is nothing wrong in trading, but if you are a public figure and founder of the project, you gotta observe at least some responsibilities from a moral stand point. He then poses as a "nice guy", saying it was because of "conflict of interests" (supposedly the interest of getting rich after the pump and the interest of keeping hold of a future-less shitcoin.) He also says he was so good that he donated part to LTC foundation, he is such a boy-scout! It turns out that he "donated" money to himself, since he controls the foundation, and DIRECTLY to his pals over there (confirmed by one of them). This much is of course for money launder (not defending taxes, but just stating the obvious.) That's kinda a super summary. So you think that bitconnect is a scam because it promised high returns and then people sold on their supporters their bitconnect tokens. Also because of that carlos mattos ridiculous videos. Fair enough, but charlie lee also conned people into buying LTC. His tweets are maybe not so obviously ridiculous like carlos mattos, but they are pure shill. His tweets display him with HODL messages, moon memes and other shill stuff. He then sells without telling anyone and invents some gullible crap to divert attention, also using BCH FUD to divert attention. Who bought LTC? Charlie Lee followers in tweeter, his own community, and his reddit subscribers. The listing of it in coinbase and other places, where he had obvious influence, was the pump he needed to eventually get rid of his coins. I know 8 months seem like a long time in crypto, but for a waiting of 6 years, it is really a very short time. This smells like a scam, and looks like a scam. Good scammers, like charlie, always present themselves as "good guys" and use some sort of empathy technique. Mattos uses Scientology like videos, charlie uses cartoons and other "cute" thing, and he doesn't present himself as a way to make money, but he did present litecoin as a "buy and hold" coin that he dumped on his followers. Now, finally, after all of this, he publicly channel scammers to roger ver's twitter, which is borderline criminal if you ask me and should have his twitter account suspended. [link] [comments]  | ||
| /r/bitcoin has just removed self posts. So you can now only posts links at /r/bitcoin Posted: 05 Feb 2018 02:52 PM PST
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| Posted: 05 Feb 2018 07:56 PM PST I've never seen such a gross display of mental gymnastics, fact denial, logical fallacies, outright lies, delusional optimism, and wishful thinking, as I've seen this week across all the other crypto subs I follow. The number one elephant in the room is the practical gag order on any meaningful discussion about the fact that BTC and Core/Blockstream's decisions have ultimately led us to this crash. No one is allowed to talk about the fact that this unprecedented situation was brought about by Core's failure to implement reasonable scaling solutions, because if you point out that this crash is actually a reasonable response to a broken currency, you're downvoted to hell by an ever wider group of people (now that so many crypto newbies hold heavy BTC bags, "of course it's not BTC's fault, this is just a temporary situation! It'll go back to 17k! right?? right, it has to, it must, otherwise my wife leaves me.") Obviously other factors contribute, but don't buy the echo chamber lie, if BTC had not compromised its functionality, this crash would not be happening, it would be a simple and small dip/correction, not the unprecedented 67% decline we've seen in less than two months. I guess I'm just venting. It starts to feel like we're in some Orwellian doublethink version of crypto. I would just tune out altogether, but I truly do feel crypto is important and significant, and as someone who used to absolutely love our community, it is incredibly disheartening to see our ideals and our potential fall, to what is, at root, simply greed. As an aside, I find it somehow comforting that throughout this whole thing, I have never once felt motivated to sell any of my BCH. I believe in it too much, and have no concern over the short term volatility. I'll also say that I expect BTC to continue declining befoee setting somewhere between 4000 and 5000. [link] [comments]  | ||
| Posted: 05 Feb 2018 07:13 PM PST | ||
| Roger Ver will be on Infowars at 12:30 PM EST tomorrow. Posted: 05 Feb 2018 02:39 PM PST
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| Bitcoin Cash Giveaways (Venezuela) Posted: 06 Feb 2018 12:38 AM PST On behalf of the entire team at LocalBitcoinCash (Eric, Karen, Gloria, Fred, Han, Shujah, Ana), we will start the first distribution of revenues from our project to help the people from Venezuela on this Saturday 10th Feb. Ideally, we hope to do this every month to help bring awareness to the Bitcoin Cash ecosystem. The Bitcoin Cash giveaways will happen in this thread at https://www.reddit.com/r/btc To receive the Bitcoin Cash giveaway, just leave a comment in this post. If this is being cross-posted on other subreddit, remember to come to the original thread at /r/btc You're welcome to share your story. LocalBitcoinCash may not be able to help everyone, but others may chip in as well. We would appreciate if you can help share this on Venezuela related social media so that more Venezuelans can participate in the giveaways. We will start on Saturday! [link] [comments]  | ||
| Posted: 05 Feb 2018 05:55 PM PST
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| Posted: 05 Feb 2018 01:10 PM PST
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| If you're feeling depressed, I'll be your friend. Posted: 05 Feb 2018 02:33 PM PST Regardless of what coin you are backing and what your portfolio looks like right now, just know that you matter regardless of what the market is doing. Don't get so swept up that it starts to affect your life. If you are thinking dark thoughts, put them aside and send me a message. We are a community and I for one am here to help. [link] [comments]  | ||
| Posted: 05 Feb 2018 07:13 PM PST | ||
| BitPay Ingenico Payment Terminal App Demo Posted: 06 Feb 2018 12:51 AM PST
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| Posted: 05 Feb 2018 10:56 PM PST Question. Am I stupid for holding onto my bitcoin cash that I bought at a price of $1500 Canadian? [link] [comments]  | ||
| Sold some of my coin and price has begun rebounding. You can thank me later gents. Posted: 05 Feb 2018 12:27 PM PST | ||
| Posted: 05 Feb 2018 05:30 PM PST
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| Seeing how the Alex Jones thread was heavily brigaded, I'm stocking up on BCH Posted: 06 Feb 2018 01:27 AM PST All of the negative top posts are by people who never posted on /r/btc before. Most have posted on litecoin subs, doge, monero, etc... Some spend 24//7 on the totally uncensored real news /r/politics subreddit - at least I know these people were honest about what they're thinking. But I'm pretty sure most of their upvotes are fake Not a fan of being yelled at, but I might actually watch Alex Jones for this one while the price chart is open on my other monitor. [link] [comments]  | ||
| BUIP085: Double spend relaying Posted: 05 Feb 2018 07:47 PM PST
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| A Fake Bitcoin Cash Token has Been Created on the OMNI Blockchain Posted: 05 Feb 2018 03:24 PM PST
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| Ledger's answer and actions to the Man in the Middle Attack proof of concept Posted: 05 Feb 2018 01:45 PM PST
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