• Breaking News

    Tuesday, March 27, 2018

    Home Unlabelled BTC “$50k investment by the LTC Foundation (that Charlie started and still runs) to LitePay. Yet, he claimed multiple times he had "no knowledge" about LitePay and was completely uninvolved. If your foundation makes a $50k investment to someone, you aren't "uninvolved".”

    BTC “$50k investment by the LTC Foundation (that Charlie started and still runs) to LitePay. Yet, he claimed multiple times he had "no knowledge" about LitePay and was completely uninvolved. If your foundation makes a $50k investment to someone, you aren't "uninvolved".”

    March 27, 2018

    BTC “$50k investment by the LTC Foundation (that Charlie started and still runs) to LitePay. Yet, he claimed multiple times he had "no knowledge" about LitePay and was completely uninvolved. If your foundation makes a $50k investment to someone, you aren't "uninvolved".”

    “$50k investment by the LTC Foundation (that Charlie started and still runs) to LitePay. Yet, he claimed multiple times he had "no knowledge" about LitePay and was completely uninvolved. If your foundation makes a $50k investment to someone, you aren't "uninvolved".”

    Posted: 26 Mar 2018 09:09 PM PDT

    COINTEXT PUBLIC BETA IS LIVE!

    Posted: 26 Mar 2018 08:40 PM PDT

    I just got the email and signed up with their US number. Received $0.50 USD from their faucet. Fairly instant replies via SMS, this is huge for the crypto community. Adoption is key. GO BCH!

    submitted by /u/UTXONinja
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    Comedy gold over at r/bitcoin

    Posted: 26 Mar 2018 08:23 AM PDT

    Send, Receive Bitcoin Cash over SMS - CoinText Public Beta is LIVE

    Posted: 26 Mar 2018 11:19 PM PDT

    Made-In-Italy BCH! Now you can order anything from Milan, Italy with Bitcoin Cash on OpenBazaar!

    Posted: 26 Mar 2018 07:29 PM PDT

    Hello everyone!

    I just created this listing on Openbazaar:

    I will buy anything for you in Milan (Italy) and ship it to you

    Listing address: ob://QmVNHJRQrGiytLBi1CnWNrcbcUFa2Mt2qnke5f7yJXZUGh/store/i-will-buy-anything-for-you-in-milan-italy-and-ship-it-to-you

    If you want to order a bottle of Italian wine or a new pair of shoes, accessories, paintings from local artists and other stuff then you can do it directly with bitcoin cash without having to come over here.

    submitted by /u/madonnina
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    CoinText beta is live! Send and receive BCH via SMS text messages!

    Posted: 26 Mar 2018 09:16 PM PDT

    CoinText Working To Send BCH!

    Posted: 26 Mar 2018 11:38 PM PDT

    Sent BCH to several people using text message!

    submitted by /u/BitcoinCashHoarder
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    LocalBitcoinCash Drops Support For BTC And LTC

    Posted: 26 Mar 2018 11:03 PM PDT

    WARNING: NEW CRYPTOGRAPHY EXPLOIT. ALREADY SEEN TWICE IN THE WILD. Alice₁ gives 450 DASH to Bob₂. Charlie₃ steals it. Alice₄ gives thousands of LTC to Bob₅. Charlie₆ steals it.

    Posted: 26 Mar 2018 10:26 PM PDT

    Alice₁ gives 450 DASH to Bob₂. Charlie₃ steals it.

    ₁ Alice being all DASH users of course.

    ₂ Bob being the DASH Community fund for the DASH Debit Card

    ₃ Charlie Shrem stealing the 450 DASH.

    Alice₄ gives thousands of LTC to Bob₅. Charlie₆ steals it.

    ₄ Alice being lots of Litecoin users

    ₅ Bob being the Litecoin Foundation who gave it to LitePay

    ₆ Charlie SatoshiLite Lee, for shilling the heck out of LitePay & LitePal

    HOW TO AVOID THIS EXPLOIT: Be careful with Charlies, find a Dave instead.

    /u/Bitcoin_Charlie /u/coblee - Pepperidge Farm® Remembers.

    submitted by /u/jimbtc
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    The new (community-managed) Bitcoin Cash Protocol Development page is now live. Let us know what you think!

    Posted: 26 Mar 2018 08:55 PM PDT

    Liecoin Creator: "I am sorry for having hyped up this company and vow to do better due diligence in the future."

    Posted: 26 Mar 2018 01:38 PM PDT

    Charlie "Cryptoscammer" Lee must be having a really shitty day. First Litepay collapses with everyone's money.... and now Litepal is being exposed :) Will you continue supporting Litepal Charlie?

    Posted: 26 Mar 2018 02:38 PM PDT

    We made our first crypto Sell today.

    Posted: 26 Mar 2018 12:07 PM PDT

    Facebook actually rejected an ad for a cocktail party because...Bitcoin!

    Posted: 26 Mar 2018 06:18 PM PDT

    Some LN supporters are trying to spread the lie that using SPV wallets is somehow equivalent in terms of trust to letting someone run a LN node for you. Do not let this lie propagate!

    Posted: 26 Mar 2018 11:18 AM PDT

    Sorry for the title gore, but I've just noted this.

    This is an obvious lie.

    In SPV, you hold your own keys. A backup is as easy as saving the deterministic seed. You can verify that your transactions are indeed in the chain by the checking the headers which contain the PoW as well as the Merkle Root. You can receive money while offline. You can even send money while offline if you can connect to the receiver via NFC/Bluetooth, something very useful in meatspace commerce (your phone is not connected, but the merchant's PoS is).
    The only "trust" you need is to ensure you're not under a full Sybil attack, where all of your peers are colluding to attack you. And even if you were, the attacker could only rob you by double-spending against you if you accept 0-conf. He would not be able to steal the money that's already yours. And frankly, avoiding such an attack is easy, just connect to many peers.

    On LN, apparently you can't really run a node on your phone, due to the requirements of always being online both to pay and to receive, if not even other problems I'm unaware of. On retail commerce the need to have a phone wallet is pretty much unavoidable, so that means that for LN retail commerce you'll always have to let somebody else run your node, or have a complicated setup between your phone and some always-online machine you control. If you don't run the node yourself, well, somebody else will need to be able to sign those payments on your channel on your behalf. I don't see how that can be done if this person doesn't have access to your keys, and thus, to your money. Oh, and as we've seen of lately, backups cannot be deterministic and must be diligently done at every transaction, otherwise you risk losing your money. And, finally, even if you run your own node connected all the time, you must also trust those you have channels with to actually forward your payments and not to censor you. You can't just open new channels the same way you'd open new network connections with your BCH SPV wallet in order to avoid this kind of Sybil attack, because channels have an actual cost to be opened, and it's not so easy to find a peer.

    LN requires way, way more trust than SPV. To even compare both on this regard is preposterous.

    submitted by /u/caveden
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    The day when people in a community become afraid to debate or express their opinions for fear of being purged is the day when that community becomes a cult.

    Posted: 26 Mar 2018 07:40 AM PDT

    To everyone here holding unpopular opinions, you are the biggest asset of this community and you are welcome here. Please share your unpopular opinions. As long as they are honest do not be afraid of downvotes and debate, just throw them out there. If you are right then you will be teaching a lot of us something new. If you are wrong you will learn something new. Either way it's a win-win. Sharing your ideas/opinions facilitates the spread of information for everyone.

    submitted by /u/geekmonk
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    BCH SMS Part 3

    Posted: 26 Mar 2018 09:27 PM PDT

    I got my bch via text. What do we do with it now. Just hold on to it.

    I followed the instruction and typed "received" And got the command "send bitcoin cash to this address to increase balance.

    I did that and nothing happened.

    What's suppose to happen if you don't mind me asking

    submitted by /u/ssmly360
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    Emin Gün Sirer: "We tried to bring this up with the Core devs, but of course they have a bunch of mechanisms to shut down any scientific discussion."

    Posted: 26 Mar 2018 08:56 AM PDT

    This might be where BTC and BCH prices stop this BFF behavior.

    Posted: 27 Mar 2018 01:55 AM PDT

    Between cointext inevitably going viral, the undeniably legit Satoshi's Vision conference and the other top coins posting nothing but bad news(ETH looking slightly better I suppose), I think it's about that time.

    Also the Bollinger bands on the daily BTC/BCH chart have been really really skinny for about a week now. in Bband analysis that's considered "the calm before the storm". Once it gets started it's gonna trend hard for while, and think that trend just might be UP. Hold on to your hats and text BCH to your friends as much as you can!

    submitted by /u/Sk8eM
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    When DragonMint inevitably is proven to be a scam, remember that Slush Pool was in on it

    Posted: 26 Mar 2018 10:40 AM PDT

    The French Revolution comes to r/litecoin: "we need to STOP putting Charlie on a fucking pedestal." - Who's gonna copy-paste code for them from Bitcoin now?..

    Posted: 27 Mar 2018 01:20 AM PDT

    Twitter, Google and Facebook have banned cryptocurrency ads — but these networks still haven’t

    Posted: 26 Mar 2018 05:45 PM PDT

    Warning about Litepal and LTC scams shadow banned from r/cryptocurrency

    Posted: 27 Mar 2018 12:17 AM PDT

    I'm Eric from LocalBitcoinCash.org to answer any questions about Bitcoin Cash or LocalBitcoinCash. AMA.

    Posted: 27 Mar 2018 02:04 AM PDT

    Hi everyone, my name is Eric and I started LocalBitcoinCash.org with the help of many amazing people from the Bitcoin Cash community. I am deeply inspired by the Bitcoin Cash community and in awe of many members from this community. I think there are a lot of very smart amazing people in the Bitcoin Cash community and I'm extremely optimistic about the future of Bitcoin Cash because of the people involved in it. I have said it before, personally I feel the biggest heroes of Bitcoin Cash are the unsung heroes working tirelessly in the background, spreading the word of Bitcoin Cash to their friends and family members and strangers.

    For those who don't already know, Bitcoin Cash has the potential to usher in a new age for humanity where wars, economic inequality, hyperinflation, social immobility may become a thing of the past. Bitcoin Cash allows anyone, anywhere in the world, to send money to each other for less than 1 cent, instantly, safely, without requiring any permission from anyone (banks or government), and its value does not get destroyed by hyperinflation. It enables cross national peer to peer trade of goods and services in ways that wasn't possible before. That's a very exciting future I think.

    I would like to do an AMA here until 1st April 2018 so feel free to ask away any questions related to Bitcoin Cash or LocalBitcoinCash.org. I will ask my team members to come chip in if they wanted to.

    submitted by /u/MobTwo
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    BCH Tips integrated Reddit tipping via browser wallet released

    Posted: 26 Mar 2018 04:31 PM PDT
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