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    Home Unlabelled BTC I think its important to understand the upgrade is NOT increasing the Block Size. But the Block Size Cap.

    BTC I think its important to understand the upgrade is NOT increasing the Block Size. But the Block Size Cap.

    May 07, 2018

    BTC I think its important to understand the upgrade is NOT increasing the Block Size. But the Block Size Cap.

    I think its important to understand the upgrade is NOT increasing the Block Size. But the Block Size Cap.

    Posted: 06 May 2018 11:40 PM PDT

    I see it used everywhere.

    On May 15th the block size will be increased to 32mb!

    Which isn't accurate. On May 15th we'll have the capacity to run 32mb blocks if needed. Currently BCH blocks are averaging far under 500kb/block. This will only change as BCH is more heavily used or other information is stored in a transaction.

    Now, don't get me wrong, with the addition of several op_codes and the increase in op_return data capacity, we will see an increase in block size. But it won't be near 32mb. We're not anywhere near the 8mb cap we have currently.

    Just been bugging me and wanted to set it straight. Although a lot of us already know this, its important to understand for new comers.

    submitted by /u/WonderBud
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    Memo is now open source!

    Posted: 06 May 2018 01:36 PM PDT

    An update to the Bitcoin.com wallet has been released! (With a much smoother on boarding process!)

    Posted: 06 May 2018 07:49 PM PDT

    • Bug fix with updating the number of BCH transaction confirmations
    • Default price display in fiat on home and wallet details page
    • "Wallet successfully created" card has been removed
    • Wallet should default currency based on language selected
    • Fixed bug back arrow disappearing when viewing external links
    • UX improvement for new installs: Wallets are automatically created and email capture is skipped
    • UX improvement by removing the check mark when a new wallet is chosen
    • Various bug fixes
    • Get yours today at wallet.bitcoin.com
    submitted by /u/MemoryDealers
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    Stephan Molyneux predicts Blockstream takeover of Bitcoin

    Posted: 06 May 2018 06:11 PM PDT

    Who does this kind of thing?

    Posted: 06 May 2018 07:08 PM PDT

    Ripple Sued for Alleged Violations of US Securities Laws

    Posted: 06 May 2018 05:13 PM PDT

    So ... my dad is open to me paying of my debts to him direcly in Bitcoin Cash ...and I might have an internet job that pays me a bit in Bitcoin Cash every month. I can now work full time on my music and towards Bitcoin Cash adoption. How cool is that? To be in full control over your own life.

    Posted: 06 May 2018 07:18 PM PDT

    Hey /u/nullc bring us some champagne, get us the best bottle of the house and hurry, we want to party!

    And can you deliver a letter for me? it's for Satoshi. It just says: thank you.

    submitted by /u/Kain_niaK
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    /u/jratcliff63367's admission that he "guessed" when he accused Roger Ver of paying sock puppets

    Posted: 06 May 2018 12:08 PM PDT

    When mass adoption happens the masses will use whatever crypto is the most convenient

    Posted: 06 May 2018 12:12 PM PDT

    I was out to dinner with friends and when the check came we split the check (three couples, split 3 ways, each paid with a separate credit card). One of the girls said that when she goes out in the city her friends always just have one person put the whole bill on their card and then everyone venmos that person their share. I said I don't use venmo but next time we go out I could send her Bitcoin instead. She laughed, said she had heard of it but terrorists/hacking/volatility etc.

    I spent a minute talking about the benefits of crypto (just a minute i promise!) - peer to peer, permissionless, not stored in a bank. She said it sounds great and all but venmo is just so much more convenient. And doesn't cost anything, not even a penny. I started to talk about "if you're not paying for it, you are the product" but she said she didn't care, everyone in her circle was already using venmo, and it just works.

    I love peer to peer electronic cash. The idea that I can send value to anyone anywhere in the world without asking permission is awesome. But most people don't really care about that. They will just use whatever everyone else is using.

    I have never been more optimistic that crypto will disrupt national currencies. But I am also sure that most people will use whatever is accepted most places, most convenient, whatever everyone else already uses, etc. Most people don't care peer to peer, privacy, no inflation, etc.

    I hold a few different cryptos, and have since 2014 or so. Mostly Bitcoin and Bitcoin Cash. There is no doubt in my mind that Bitcoin Cash is the better version. I can transact peer to peer without hubs, watchtowers, MIDDLEMEN and no one can stop me. But I also know that people don't care about that, they just want what's most convenient. And when mass adoption happens the coin with the most users will be the most valuable.

    I guess I'm just rambling but I really want PEER TO PEER ELECTRONIC CASH to succeed. It will really suck if 10-20 years from now everyone is transacting on (and paying fees to) a layer on top of Bitcoin controlled by middlemen (the current banks will fill this role, they already have the money transmitter licenses).

    submitted by /u/DoctorStickyJuice
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    JP Morgan Chase Eats Humble Pie, Applies for Blockchain Patent

    Posted: 06 May 2018 05:14 PM PDT

    BCH is crawling closer to passing Ripple (XRP) in marketcap!

    Posted: 06 May 2018 07:32 PM PDT

    $28,749,745,604 versus $32,633,021,907.

    That's relatively close when you look at the top 5 or 6 overall and how wide the average margin is between any two coins.

    It's certainly the closest "gap", and closing.

    submitted by /u/minomes
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    Just got banned from /r/Bitcoin, reminded: “When you tear out a man's tongue, you are not proving him a liar, you're only telling the world that you fear what he might say.”

    Posted: 06 May 2018 11:31 AM PDT

    Can we all stop talking about price and r/Bitcoin and get back to building stuff?

    Posted: 06 May 2018 09:17 AM PDT

    Stefan Molyneux predicts Blockstream's takeover of Bitcoin

    Posted: 06 May 2018 09:27 PM PDT

    Why Recommend Bitcoin Cash? (Image)

    Posted: 06 May 2018 12:51 PM PDT

    The absolute state of Corefans: "Who gives an F about Satoshis vision?"

    Posted: 06 May 2018 08:38 PM PDT

    How English speaking Bitcoin community could have been if not for Theymos and censorship.

    Posted: 06 May 2018 01:56 PM PDT

    Please look at this Facebook picture: https://www.facebook.com/photo.php?fbid=1876575939041998&set=a.426712554028351.103101.100000688291906&type=3&theater

    The guy on the right, Vinicius Errero, is the administrator of Brazilian Bitcoin Cash Facebook group. He is the most vocal defender of Bitcoin Cash and bigger blocks inside another group, Bitcoin Brasil, the biggest Brazilian cryptocurrency community, with over 100,000 participants.

    The guy on the left, Alexandre Leite, is the most vocal defender of small blocks, Core, Segwit and Lightning Network inside the same community.

    It is extremely common to see both pop-up in any discussion that happens to hint at the block size debate inside the group, oftentimes with lengthy multiple pages threads (size which I am also to blame, frequently). They respect each other and they are friends. This picture was taken at Bitconf, a cryptocurrency conference happening at São Paulo over this weekend.

    The hero of this story is another guy, Wladmir Crippa, founding member of Brazilian Pirate Party (as you may know, the party originally founded in Sweden by Rick Falkvinge, a known face around here). Crippa also happens to be the administrator of Bitcoin Brasil group, and he is a fervent defender of free speech. He always ensured that every idea is welcomed in our community, and I never heard about anyone being banned for speaking his mind. Moderation there is limited to anti-fraud and anti-ponzi schemes.

    I am not saying that our community there is toxic free: is very toxic, and we have plenty of "bcash is btrash" over there, due to the fact, I guess, most people in Brazil are informed about Bitcoin via YouTube channels from people who frequent /r/bitcoin (I am not sure because I am not an YouTube guy). Anyway, the civil tone of the discussion when things gets serious (and technical) about the block size debate quickly chase off the trolls.

    I just wanted to provide you a glimpse of how things could have played different if not for Theymos and censorship in the English speaking community. And an important lesson I learned there (that I often forget when dealing low class small blockers, but I shouldn't) is: if a person disagrees with you, doesn't means she is ignorant, misguided, stupid or dishonest. It simply means she disagrees with you.

    submitted by /u/lcvella
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    /r/bitcoin user is basically told LN sucks. Too afraid to say "that sucks" I guess.

    Posted: 06 May 2018 05:25 PM PDT

    What’s the Memo.cash answer to this Satoshi’s post?

    Posted: 06 May 2018 03:58 PM PDT

    Vincent Briatore Crypto made an interesting video about BCH. He just got wrong that in May 15th we are removing segwit. No, BCH never had segwit from inception. Otherwise good video.

    Posted: 06 May 2018 04:15 PM PDT

    bCommerce: A Guide to Accepting Bitcoin Cash Payments for Your Online Store

    Posted: 06 May 2018 11:52 AM PDT

    /r/Bitcoin user suggesting that "someone one day puts a bullet through [Roger's] head". All because he disagrees with a video of /u/memorydealer's that he didn't even watch

    Posted: 06 May 2018 05:27 AM PDT

    Jeffrey Tucker is promoting bitcoin.com at Atlanta Bitcoin Embassy.

    Posted: 06 May 2018 04:55 AM PDT

    r/bitcoin is actually trying to stop crypto adoption

    Posted: 06 May 2018 07:26 AM PDT

    https://np.reddit.com/r/Bitcoin/comments/8h9i8n/comment/dyi2pez?st=JGUWS58G&sh=c56fc22a

    Just because this guy is also accepting BCH they are giving him shit about it. This is why that community is so toxic and bad for crypto in general

    submitted by /u/bahkins313
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    How is it that https://en.wikipedia.org/wiki/Mobile_commerce and https://en.wikipedia.org/wiki/Mobile_payment and https://en.wikipedia.org/wiki/Social_peer-to-peer_processes don't even mention cryptocurrency - let alone Bitcoin (Cash)?

    Posted: 06 May 2018 03:21 PM PDT
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