• Breaking News

    Thursday, March 1, 2018

    Home Unlabelled BTC After selling his LTC Charlie Lee is now shilling Nano

    BTC After selling his LTC Charlie Lee is now shilling Nano

    March 01, 2018

    BTC After selling his LTC Charlie Lee is now shilling Nano

    After selling his LTC Charlie Lee is now shilling Nano

    Posted: 28 Feb 2018 11:55 AM PST

    More Infrastructure Support Joins the Bitcoin Cash Ecosystem

    Posted: 28 Feb 2018 06:27 PM PST

    Japanese Electricity Company Uses Excess Solar Power for Crypto Mining

    Posted: 28 Feb 2018 10:03 PM PST

    Subway ad in Toronto

    Posted: 28 Feb 2018 07:38 PM PST

    "A few months after the Counterparty developers started using OP_RETURN, bitcoin developers decreased the size of OP_RETURN from 80 bytes to 40 bytes. The sudden decrease in the size of the OP_RETURN function stopped networks launched on top of bitcoin from operating properly."

    Posted: 28 Feb 2018 10:32 AM PST

    Some info on how Core/Greg Maxwell ended Counterparty before it could get started.

    Several years ago, there was a conflict between Counterparty and bitcoin developers. Counterparty was using Bitcoin's OP_RETURN function which enabled anyone to store any type of data in transactions. By using OP_RETURN Counterparty was able to operate as the first decentralized digital asset exchange using blockchain technology.

    A few months after the Counterparty developers started using OP_RETURN, bitcoin developers decreased the size of OP_RETURN from 80 bytes to 40 bytes. The sudden decrease in the size of the OP_RETURN function stopped networks launched on top of bitcoin from operating properly. As a result, Counterparty had to move away from the OP_RETURN function and other blockchain projects which were initially planned to launch on the Bitcoin protocol.

    https://coinjournal.net/vitalik-buterin-never-attempted-launch-ethereum-top-bitcoin/

    The very approach of Ethereum towards smart contracts and Solidity's so-called Turing-completeness to be used by EVMParty have also been subject to criticism from bitcoin maximalists. In particular, Gregory Maxwell of Bitcoin Core said that the platform's imperfection consists in including unnecessary calculations in the blockchain, which may apply significant load on the network. Eventually, such approach may slow down the blockchain. Finally, calculating on a blockchain is expensive. Maxwell believes that bitcoin developers' approach towards smart contracts is way more flexible as it records only confirmations of calculations.

    https://busy.org/@gugnik/bitcoin-minimalism-counterparty-to-talk-with-bitcoin-in-ethereish

    Feel free to share if you have anything to add. I always remember Gmaxwell getting triggered everytime Counterparty was brought up. He would seemingly go out of his way to tear it down if a post even resembled reference to it. Sadly I don't have any of these other example on hand.

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

    PSA to all Bitcoin (Cash) users interested in helping adoption: YOU can help spread the good word by donating to the CoinText faucet NOW!

    Posted: 28 Feb 2018 03:08 PM PST

    Firstly, for anyone unaware:

    CoinText is an SMS-based Bitcoin (Cash) wallet, which works in a similar way to /u/tippr or @tipprbot in terms of ease-of-use. Due to the insecure nature of the underlying protocol, it includes simple 2FA, and also allows users to backup the private keys of their CoinText wallet should they wish to.

    It is, in my opinion, one of the best and brightest innovations in this space we've seen so far this year, and could truly do wonders for crypto adoption in countries where smartphones are not yet ubiquitous.

    Now, here's how YOU can help encourage the use of this service:

    CoinText has a baked-in faucet function, where users text the word "CASH" to the CoinText number, and receive a small amount of Bitcoin (Cash) to their CoinText wallet for them to play with. This faucet is funded through donations made to the following address:

    bitcoincash:qp6v9e966mhaplhawawxptgzlgtpfrdm5vtmvgru7a

    Please verify this with CoinText support if you are (justly) dubious about trusting an internet stranger.

    100% of the funds sent to this address are used for this faucet service, and the limited public release of CoinText is slated to roll out this March, so please:

    If you wish to further the cause but don't have the time or development chops to contribute to the ecosystem through your own projects, consider donating to the future users of CoinText by sending some tips to this address.

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

    The Blockchain.info app now has an update which allows you to use Bitcoin Cash in the app itself.

    Posted: 28 Feb 2018 08:45 AM PST

    Core + The State. Evidence the government has a giant troll farm specifically designed to foment disinformation.

    Posted: 28 Feb 2018 02:42 PM PST

    I'm putting together an info packet for people new to Bitcoin Cash. Suggestions?

    Posted: 28 Feb 2018 06:09 PM PST

    Our charity (www.coins4clothes.com) buys gently used clothing from people in the community and we pay them in Bitcoin Cash. We then donate those clothes to homeless individuals in the Toronto area.

    We are essentially both a charity and a Bitcoin Cash "faucet". All you need to access our faucet is to live in the Greater Toronto Area (in Canada) and to have some used clothes to donate.

    When people come into our office, we introduce them to Bitcoin Cash, tally up what their clothes are worth, and then walk them through opening a Bitcoin Cash wallet and do our answer any questions they have about crypto-currency.

    I would like to also leave them with a small information packet outlining:

    • 1) What is Bitcoin and what is Bitcoin Cash?
    • 2) Places you can spend it
    • 3) Places you can buy it
    • 4) How to keep your coins secure
    • 5) A little preview of things to come (in layman's terms... perhaps cointext)?
    • 6) The original white paper?

    I also figured I can follow this all up with an e-mail with the same contents once they leave the office.

    I would love any input on what should go where. The goal is to educate the donor so they leave feeling empowered and prepared to spend/buy/hold their new-found Bitcoin Cash!

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

    Very good! Now you can easily invite friends and family to download the Bitcoin.com Wallet!

    Posted: 28 Feb 2018 06:00 PM PST

    JP Morgan statement: "New competitors have emerged" ... "both financial institutions and their non-banking competitors face the risk that payment processing and other services could be disrupted by technologies, such as cryptocurrencies, that require no intermediation."

    Posted: 28 Feb 2018 08:09 AM PST

    JPMorgan Chase cannot provide assurance that the significant competition in the financial services industry will not materially and adversely affect its future results of operations.

    New competitors have emerged. For example, technological advances and the growth of e-commerce have made it possible for non-depository institutions to offer products and services that traditionally were banking products. These advances have also allowed financial institutions and other companies to provide electronic and internet-based financial solutions, including electronic securities trading, payment processing and online automated algorithmic-based investment advice. Furthermore, both financial institutions and their non-banking competitors face the risk that payment processing and other services could be disrupted by technologies, such as cryptocurrencies, that require no intermediation. New technologies have required and could require JPMorgan Chase to spend more to modify or adapt its products to attract and retain clients and customers or to match products and services offered by its competitors, including technology companies.

    Ongoing or increased competition may put downward pressure on prices and fees for JPMorgan Chase's products and services or may cause JPMorgan Chase to lose market share. This competition may be on the basis of, among other factors, quality and variety of products and services offered, transaction execution, innovation, reputation and price. The failure of any of JPMorgan Chase's businesses to meet the expectations of clients and customers, whether due to general market conditions or underperformance, could affect JPMorgan Chase's ability to attract or retain clients and customers. Any such impact could, in turn, reduce JPMorgan Chase's revenues. Increased competition also may require JPMorgan Chase to make additional capital investments in its businesses, or to extend more of its capital on behalf of its clients in order to remain competitive.

    The above quote is from page 25 of this document (be warned that it is a very large document to open):

    http://investor.shareholder.com/jpmorganchase/secfiling.cfm?filingID=19617-18-57&CIK=19617#CORP10K2017_HTM_S440D20F00AA0567AADC9B36846A275C5

    Bank translation: "Oh no, we could be forced to innovate!"

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

    Report: Crypto Miners Bought 3 Million GPUs Last Year

    Posted: 28 Feb 2018 05:05 PM PST

    Join our SoCal OC Bitcoin Cash Meetup! We plan to have our first meet soon!

    Posted: 28 Feb 2018 03:12 PM PST

    I created a site that shows BCH nodes across the world

    Posted: 28 Feb 2018 06:51 AM PST

    Best Quotes by Satoshi Nakamoto - Which one is your favourite one ?

    Posted: 01 Mar 2018 12:54 AM PST

    Entire top post astroturfed....

    Posted: 28 Feb 2018 09:43 AM PST

    Stop the FUD Bill Gates ... Bitcoin doesn't kill lives.

    Posted: 28 Feb 2018 06:45 AM PST

    Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency

    Posted: 01 Mar 2018 12:28 AM PST

    Any Bitcoin Cash BCH users in San Diego?

    Posted: 28 Feb 2018 04:50 PM PST

    Traveling to San Diego tomorrow (Thursday March 1st), if anybody wants to grab lunch and talk BCH before 6:30PM let me know!

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

    How Bitcoin Core folks sell Lightning

    Posted: 28 Feb 2018 08:24 AM PST

    People in Sweden Now at Risk of Losing Access to Notes

    Posted: 28 Feb 2018 09:09 AM PST

    Not money: anti-competitive establishment banking strategies

    Posted: 28 Feb 2018 08:44 PM PST

    Bitcoin (Bitcoin Cash) will constantly face a series of bubbles to increase the volatility of its price. The aim is to reduce the transaction properties of the currency with the goal of limiting utility and adoption. This will be one of many strategies used to counteract our favourite technology.

    "The United States and most of the world have been colonized by the central banking cartel which produces the medium of exchange in the form of a debt to itself." - Henry Makow

    "There is always one central task for citizens in the empire: To help be part of the process of taking apart the empire. History suggests that if we don't take it apart from the inside, some force from the outside eventually will take it down." - Robert Jensen

    Establishment banking will engage in strategies that inhibit all of the transaction properties of Bitcoin. The move to electronic fiat is instructive. Every anti-competitive tactic known will be deployed. Lets identify them, starting with those that have already been initiated and then those that will follow. Who can create the definitive list of tactics that legacy banks will follow as part of their strategy to stall the rise of crypto by prohibiting transactions and making it not money? Trump is the fake strategy (do nothing) for public relations and history. What are the real strategies?

    "A movement from centralized control of money to a decentralized money would, for all intents and purposes, destroy the power of every government on earth." – Jeff Berwick

    "The first instinct of governments and central banks faced with this gathering Depression began was to do nothing. Businessmen, economists, and politicians (memorably Secretary of the Treasury Mellon) expected the recession of 1929-1930 to be self-limiting." - J. Bradford DeLong

    Once this is written we can share all of our ideas to counter these strategies in another thread. Crypto, money and geopolitics: a collection of quotations may help. We need to make sure Bitcoin Cash deals with these most destructive pursuits effectively so that another coin doesn't reign supreme instead. I will start with the following.

    1. Increase the transaction cost
    2. Prohibit time-critical transactions
    3. Prohibit micropayments
    4. Reduce liquidity
    5. Demonize

    As expected the BTC holders will downvote without explanation.

    submitted by /u/--_-_o_-_--
    [link] [comments]

    Come on, let's vote for BCH!! Tutanota choosing crypto to accept as payment.

    Posted: 28 Feb 2018 08:25 AM PST

    Bitcoin Cash is missing from the InterPlanetary Linked Dataset

    Posted: 28 Feb 2018 06:08 PM PST
    Read more
    at

    No comments:

    Post a Comment