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    Tuesday, May 8, 2018

    Home Unlabelled BTC Warren Buffet's Berkshire is the single largest stockholder in BoA and WellsFargo. In case you were wondering about his attitude towards Bitcoin.

    BTC Warren Buffet's Berkshire is the single largest stockholder in BoA and WellsFargo. In case you were wondering about his attitude towards Bitcoin.

    May 08, 2018

    BTC Warren Buffet's Berkshire is the single largest stockholder in BoA and WellsFargo. In case you were wondering about his attitude towards Bitcoin.

    Warren Buffet's Berkshire is the single largest stockholder in BoA and WellsFargo. In case you were wondering about his attitude towards Bitcoin.

    Posted: 07 May 2018 04:13 PM PDT

    Three years ago today, Mike Hearn published an article explaining exactly what would happen when the 1MB blocksize limit was hit. He was right on all counts.

    Posted: 07 May 2018 11:46 PM PDT

    Bitcoin Cash front and center on the front page of Coinbbase.com

    Posted: 07 May 2018 11:07 PM PDT

    Bitcoin is rat poison. The bankers are the rats.

    Posted: 07 May 2018 10:21 AM PDT

    People said the memo protocol was hard to implement, so here's a dirty 30-minute Python client that watches for new memo's.

    Posted: 07 May 2018 04:03 PM PDT

    Support Merchants Accepting BCH!

    Posted: 07 May 2018 10:56 PM PDT

    SatoshiwareNQ met up with the guys at TravelByBit who are a local Brisbane company rolling out a POS system to accept cryptos. They are gaining some really good traction. Spent all day with them and had a delicious Korean meal at NomNom beers and wine at Brew Cafe and Wine Bar and then dinner at 5 Dogs Cafe all paid for with BCH!

    Also if you're passing through the Brisbane international or domestic airport be sure to check out their website to see the 15 merchants who are accepting BCH and show them your support.

    TravelByBit may be looking to decrease the number of cryptos they support to reduce complexity for vendors so we need BCH to be one that is used most frequently.

    At the airport I bought a bottle of water from the bar, a fruit salad from a cafe and some sushi from a lovely Japanese girl who was super excited that I asked to pay with BCH!

    Gotta love spending that Bitcoin Cash!!

    submitted by /u/SatoshiwareNQ
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    Tone Vays: "At the moment bitcoin is suffering from being too popular". I guess the 99.9% of world population that isn't using Bitcoin yet should just wait.

    Posted: 07 May 2018 04:43 PM PDT

    r/bitcoin’ers - Be advised, your Leaders have deemed Bitcoin Cash no longer a Scam.

    Posted: 07 May 2018 07:48 PM PDT

    Fast growing, cutting edge innovation where adults are able to make their own decisions

    Posted: 07 May 2018 03:30 PM PDT

    Gregory Maxwell doesn't want a solution...

    Posted: 08 May 2018 01:24 AM PDT

    BTC dust giveaway

    Posted: 07 May 2018 11:29 PM PDT

    I have had enough. I want to get rid of this balance of 0.00022093 BTC. This is for anyone who wants it and can move it.

    Public key: 1J8JTkp4WPTnLBfGJtBTx1ahJ8GUKVMebQ

    Private key: L1s26tbDyPXgtLQuWFhtyuCZPy9N9bksdcUJRuL5LFdyKpDdhST6

    submitted by /u/--_-_o_-_--
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    Adam B.: "Bitcoin is not a democracy". The authoritarian moves by Core makes perfect sense now.

    Posted: 07 May 2018 04:02 PM PDT

    How do we arrange a 32mb block on the 15th to show off?

    Posted: 08 May 2018 01:42 AM PDT

    Let's coordinate some "spam" - any suggestions?

    submitted by /u/Meeseeks-Answers
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    PSA: You can simply proof that when we spoke about Bitcoin in 2011 we were talking about Bitcoin Cash. You just sign a message from an address with tx history from before the fork. Here is such a proof.

    Posted: 07 May 2018 06:13 PM PDT

    Explain to me how I am using Bitcoin Cash every day from this address that goes all the way back till 2015. 1Niak6WPi1NDYquYGBc6TYVerheyEGeXM7

    My oldest address is from 2012, and I still use it with Bitcoin Cash.

    I can proof it cryptographically, something that Gilfoyl would love.

    Message:

    I's me Kain_niak. url of this post is https://www.reddit.com/r/SiliconValleyHBO/comments/8hk08o/silicon_valley_5x07_intitial_coin_offering/dym7uvc/ I have been using what is now called Bitcoin Cash since 2011, Bitcoin got comprommised so we forked in to Bitcoin Cash. There has been a massave propaganda campaing by those that comprimmised bitcoin to make it look like they did not hijack the project. But they are idiots and Bitcoin became unussable as currency in 2017 and that gave them away. But crypography is strong, they can't compromise math.

    Address:

    1BRM7xLgzUomBy4tGYHxZkLHqtJrzqRT8D

    Signature:

    G61zZbZmnoq/7/RLE8cYJPyYtyo4EEZ5beXVTJT7/ZlyXK4rUw6iFWdg08E2kMPyxVc95NtUKmHrv14WGiXcdKk=

    submitted by /u/Kain_niaK
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    PSA: Beware of money laundering, financial fraud, Ponzi schemes, criminal and terror financing in the cryptocurrency space!

    Posted: 08 May 2018 01:43 AM PDT

    PSA: As reported by mainstream media and government, a number of fraudulent entities are entering the cryptocurrency space, to participate in illegal activities such as money laundering, financial fraud, ponzi schemes, criminal and terror financing

    These nefarious entities include:

    JP Morgan Chase: Multiple instances of financial fraud, Market manipulation, Ponzi Schemes, over $35B in regulatory fines over 3 years [1][2]

    Commonwealth Bank of Australia: Over 53,000 counts of Illicit money laundering and terror financing [3]

    National Australia Bank: Institutional Fraud, Bribery [4]

    Citibank: Credit Card Fraud [5]

    Many more banks and many more instances of criminal fraud [6]

    Please avoid participating in any financial activities with these criminals!

    [1] https://www.justice.gov/opa/pr/jpmorgan-chase-pay-614-million-submitting-false-claims-fha-insured-and-va-guaranteed-mortgage

    [2] http://www.dividend.com/dividend-education/a-brief-history-of-jp-morgans-massive-fines-jpm/

    [3] http://www.abc.net.au/news/2017-12-13/cba-breached-money-laundering,-counter-terrorism-laws/9257224

    [4] https://www.theguardian.com/australia-news/2018/mar/14/banking-royal-commission-document-shows-nab-bosses-well-aware-of

    [5] https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-citibank-to-provide-relief-to-consumers-for-illegal-debt-sales-and-collection-practices/

    [6] http://washingtonsblog.com/2012/07/the-many-ways-banks-commit-criminal-fraud.html

    submitted by /u/SpacePirateM
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    Live coding session covering the `BITBOX.BitcoinCash` class.

    Posted: 07 May 2018 07:23 PM PDT

    Bitcoin Cash so far is the best medium of exchange in the history of money

    Posted: 07 May 2018 12:16 PM PDT

    The NY Attorney General investigating cryptocurrency exchanges resigns following abuse claims from muliple women...

    Posted: 07 May 2018 07:53 PM PDT

    Critical vulnerability applicable to miners of Bitcoin Cash using Bitcoin-ABC 0.17.0

    Posted: 07 May 2018 04:21 AM PDT

    Scamming has hit a new low

    Posted: 07 May 2018 11:28 AM PDT

    Lightning User Experience: A Day in the Life of Mr Derp

    Posted: 07 May 2018 09:15 PM PDT

    The goal of this post is to give the Bitcoin community and prospective Lightning users insight into what the end user experience of the Lightning Network is like right now. Here, we're focusing on the story of Mr Derp, a new Lightning Network user.

    Meet Mr Derp. In today's post, Mr Derp is the hero of the story.

    Mr Derp setup an online shop after hearing about all the wonderful hype of the Lightning Network and couldn't wait to try it out himself. First thing first, Mr Derp went to enrol in degrees for cryptography, security, game theory, economics, and more. Source: https://twitter.com/abrkn/status/992744771054485506

    Fast forward time, Mr Derp is now equipped with the knowledge to be a LN user because doing things simple is not for him. Bitcoin Cash users just download Bitcoin.com wallet to get started, no advanced degrees, even his grandmother could use Bitcoin Cash. But who likes to a simple life? Not Mr Derp!

    Mr Derp enjoys making his life as complicated as possible, so he opt for Lightning Network instead of the simple Bitcoin.com wallet.

    Then he realize his Lightning Network wallet needs to be online all the time. This is perfect for Mr Derp because he does not like his funds secure so he enjoy putting his wallet out there 24 hours a day to let people steal his funds. He doesn't like the highly secure and often highly recommended secure way of cold storage. Mr Derp enjoys living his life dangerously. Life is more exciting when you wake up each day not knowing if your funds are still there or not.

    Unfortunately, the next day, Mr Derp realize his funds was lost in the Lightning Network. https://www.trustnodes.com/2018/03/26/lightning-network-user-loses-funds

    Doesn't matter, Mr Derp has lots of money to throw away. He setup another LN again but this time, he is a little bit less stupid.

    Then Mr Derp realize his customers can't pay him without him locking up enough money in the Lightning Network payment channel. Mr Derp likes to lock up his own money the same way he locks up his money in the bank. "What type of people don't want their money to be locked up?", Mr Derp thought to himself.

    Then Mr Derp realize his customers was still unable to pay him due to too little funds locked up in the Lightning Network payment channel. Mr Derp likes complicated things so he thought maybe topping up will work. Turns out he can't top up his original balance and has to close the existing payment channel and create a new payment channel. "The more complicated the better it is", Mr Derp thought to himself.

    After months of LN experience, Mr Derp is now excited to show everyone how amazing his Lightning Network works. He even made a YouTube video to demo this https://www.youtube.com/watch?v=GxgBgWBw6wc

    • The above story is a parody of the existing problems of the Lightning Network. Unfortunately, these are real serious problems and I only listed a few of it because I don't have time to write the entire list of Lightning Network problems. It would be too long and too boring anyway.
    submitted by /u/MobTwo
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    Cryptocurrency Recognized as Valuable Property by Russian Court

    Posted: 08 May 2018 01:57 AM PDT

    Incompatible protocols gave us the ’90s web which was not a pretty sight. Let’s not repeat the same mistakes when building censorship resisted social media powered by Bitcoin Cash. Support @MemoBCH protocol.

    Posted: 07 May 2018 12:25 PM PDT

    PoW : about this "humongous energy consumption" argument

    Posted: 07 May 2018 01:16 PM PDT

    I've made a little post on Yours about this argument ("but Bitcoin consumes such a huge amount of energy - surely, it must be bad !") ...

    https://www.yours.org/content/pow---about-this--humongous-energy-consumption--argument-b3c7c3b9514d

    Short answer : no. Bitcoin is efficient, and yes, it is far more efficient than the current banking system, and thus much more eco-friendly.

    submitted by /u/_h16
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    Are you ready for the big day? 15th May

    Posted: 07 May 2018 12:58 PM PDT
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