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    Thursday, October 11, 2018

    BTC So no one is gonna talk about this free fall?

    BTC So no one is gonna talk about this free fall?


    So no one is gonna talk about this free fall?

    Posted: 10 Oct 2018 06:27 PM PDT

    Blockstream releases Liquid.. BTC dumps mad.

    Posted: 10 Oct 2018 06:32 PM PDT

    Just bought my first BCH.

    Posted: 10 Oct 2018 04:01 PM PDT

    I was planning to do so for some time, the "Walmart news" convinced me now it's the time.

    I have 2 advices to this community:

    1. Kick Craig Wright in the bottom
    2. memo.cash needs some graphic designer - now it looks like sh*t

    Good luck you all of you.

    BTW

    I hear everywhere Roger Ver is evil. Is that true ?

    submitted by /u/filozofik
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    Recent notable Core personalities advocating credit card use if you want to spend "BTC". Is this essentially an admission that LN doesn't work?

    Posted: 10 Oct 2018 09:36 PM PDT

    Discuss.

    submitted by /u/e7kzfTSU
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    Blockstream Bitcoin Scaling Solution

    Posted: 10 Oct 2018 06:46 PM PDT

    1TB WD Blue hard drive costs $43.94 on Amazon can store 19 years of full 1MB blocks. Today!

    Posted: 10 Oct 2018 11:56 PM PDT

    This hard drive can store 19 years of full blocks of 1MB Blocks (6 blocks/hr * 24 hrs * 365 = ~52.5GB of full blocks at 1MB block size).

    10MB full blocks - 525GB = 19 years of full blocks for $300 on this 10TB hard drive.

    Honestly that seems cheaper than running another layer (L2) on top of 1MB blocks. Anyway it's only the lead computer in a mining pool who has to store the full blockchain anyways. So we could be doing let's say 2,000 txs/block*6*24=288k txs a day. Or 2,8million tx a day with 10MB full blocks. 28m tx a day with 100MB full blocks, and 280mtx/day 1GB full blocks, 2.8bntx/day with 10GB full blocks would only make 52TB a year of block size addition to fit conceivably a large portion of the world's transactions.

    I think the only constraint here is how long can Moore's law lasts/ or how long our expectation of continued innovation can continue. To which I really don't know, but hopefully am optimistic for it.

    I don't like sidechains/ drivechains as you are giving permission to open an account to e.g. Blockstream or whoever it is. If you want to get more transaction capacity just fork Bitcoin BCH and increase the block size; then you can trade BCH1 for BCH2 with super low fees, and miners will mine the different networks. You don't need all these drivechains/sidechains stuff. Basically someone can invent time-hash-locked atomic swaps and we don't Layer 2 or Layer 3 whatever. As layer abstraction reduces the freshness of money, if all coins could be traded with each other at Layer 1 with large blocks on different hashes that would be optimal. You could obfuscate the names of each coin, and as long as they're somewhat similar you can make a trade at the moment for whatever you're buying/selling without the need for governments and permissioned systems.

    submitted by /u/arldyalrdy
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    r/btc jargon: When you can't just look it up in a dictionary...

    Posted: 10 Oct 2018 09:49 PM PDT

    Following Jimmy Song's logic, if I want to use Bitcoin as a method of payment, I should use a credit card and sell Bitcoin to pay the bill. But why would anyone sell Bitcoin if they receive their salary in fiat? Why not just pay the bill using fiat? What exactly is the purpose of Bitcoin then?

    Posted: 10 Oct 2018 02:34 PM PDT

    Jimmy Song is fiat

    Posted: 10 Oct 2018 04:59 PM PDT

    Jimmy Song is fiat

    Fiat is backed by hot air.

    Jimmy Song is backed by hot air.

    Jimmy Song is fiat.

    https://twitter.com/jimmysong/status/1049412253227896832

    https://i.redd.it/fq6a92lxrgr11.jpg

    submitted by /u/warboat
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    You get to be kidding me? A “federated” blockchain...

    Posted: 10 Oct 2018 02:33 PM PDT

    First Major ICO on Bitcoin Cash Blockchain Raises $30 Million in 2 Hours!

    Posted: 10 Oct 2018 11:21 PM PDT

    A Bitcoin Rat Is Occupying Wall Street

    Posted: 10 Oct 2018 07:23 PM PDT

    Oh, the possibilities with Money Button. What kind of Alice can do/did ;)

    Posted: 10 Oct 2018 09:56 AM PDT

    Will BTC fees affect its price during next bull run? I predict stunted price growth due to poor economic planning and congested block size.

    Posted: 10 Oct 2018 01:31 PM PDT

    Currently in the process of buying, so price will raise and then drop immediately after. Sorry guys

    Posted: 10 Oct 2018 11:29 PM PDT

    “If Satoshi is dead, he is rolling in his grave so fast you could out-compete Bitmain if only you could harness the RPMs, and convert it into hashing power.“

    Posted: 10 Oct 2018 03:49 AM PDT

    When people wake up to what bitdb is capable of, the BCH ecosystem will explode.

    Posted: 10 Oct 2018 05:03 AM PDT

    How are the r/bitcoin mods selected?

    Posted: 10 Oct 2018 12:23 PM PDT

    I know I'm not the first person to say it, but they take literally everything that isn't pro bitcoin down and it seriously feels like censorship. Maybe that's cool? Feels like they take it way further then any other subreddit, I can talk about issues with eth in r/eth. As long as it's relevant to bitcoin, isn't spam, or scams it should be allowed.

    submitted by /u/sulli3ms
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    Search the Bitcoin Cash Blockchain for text: oyo.cash

    Posted: 10 Oct 2018 09:33 AM PDT

    CoinText now supporting Bitcoin Cash wallet in Hong Kong, Israel, Palestine

    Posted: 10 Oct 2018 08:02 AM PDT

    ABCC CEO Addresses Industry Thought Leaders At DELTA Summit In Malta

    Posted: 10 Oct 2018 11:25 AM PDT

    PSA: Satoshi Vision Pool (SVPool) mines its first Bitcoin BCH block!

    Posted: 10 Oct 2018 10:56 AM PDT

    Livestream of BCHDevcon hackathon in San Francisco

    Posted: 10 Oct 2018 10:08 AM PDT

    Electron Cash Developer Jonald Fyookball Creates In-Wallet Bitcoin Cash Fundraising via Sighash Flags

    Posted: 10 Oct 2018 08:17 AM PDT

    Emergence of $100M Crypto Funds in Bear Market Shows Investors are Interested

    Posted: 10 Oct 2018 01:37 PM PDT

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