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    Wednesday, November 28, 2018

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    BTC Now that is a pretty picture.

    November 28, 2018

    BTC Now that is a pretty picture.

    Now that is a pretty picture.

    Posted: 27 Nov 2018 11:00 PM PST

    BitPay has reactivated Bitcoin Cash payment processing

    Posted: 27 Nov 2018 12:17 PM PST

    Whatever you do. The effort. Know that all of us are doing the same. You, Roger, Jonald, Andrew, Amaury, Zander, Armstrong, Lundeburg, Jihan, Emin, Peter, Falkvinge, Pacia, jtoomim, Naomi, jessquit, ftrader, Vinny, Vin Armani, Haipo, Gavin, Egon_1, sickpig, Tom Harding, and all of the rest of us.

    Posted: 27 Nov 2018 05:40 PM PST

    It's so obvious now that Coingeek and nChain are bribing a lot of people to say this phrase lol!

    Posted: 27 Nov 2018 08:40 PM PST

    Coinbase.com BCH Buys/Sells Now Enabled

    Posted: 27 Nov 2018 01:28 PM PST

    If you don't understand what is wrong with today's fractional reserve banking you will never appreciate P2P money. The first half of Zeitgeist 2 discusses some of the problems with the current banking system.

    Posted: 27 Nov 2018 10:00 PM PST

    Bitcoin Cash payments are back on BitPay! Let's get back to business.

    Posted: 27 Nov 2018 12:16 PM PST

    The nonsense of Marketcap

    Posted: 28 Nov 2018 12:29 AM PST

    An Open Letter to Unwriter (Response to Medium post about BCH)

    Posted: 27 Nov 2018 10:06 AM PST

    Can it be more stark that as soon as the SV faction lost the fork hash race and created their own communities they instantly embraced the complete Blockstream/Core dirty tricks playbook?

    Posted: 27 Nov 2018 04:33 PM PST

    Only months before the fork, the current clear SV shills are happily singing kumbaya among the BCH community. Open discussion good! Censorship bad! Decentralization uber good! Mining centralization bad! Nakamoto Consensus is everything! Those silly small-blocker Blockstream/Core baddies in /r/Bitcoin. They're so evil!

    Cut to after the fork, and SV has immediately lost the fork hash race:

    1) New SV communities are permission-only, censored, and/or commit unwarranted user banning.

    2) SV shills constantly commit every logical fallacy possible in pushing their dishonest narratives. Some favorites seem to be goal post shifting, projection, and strawmanning.

    3) Even though they now have their own censored, walled-garden, safe-space communities, they continue to come to /r/BTC to troll.

    4) Worst of all, among all in their communities (Blockstream/Core or SV), none call out the unethical behavior of their own community members.

    It's deja vu all over again.

    Edit: added #4

    submitted by /u/e7kzfTSU
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    Reponse to horsebadlydrawn's comment about jonald_fyookball's attempt to "save" _underwriter

    Posted: 27 Nov 2018 08:36 PM PST

    I saw this response by horsebadlydrawn to jonald_fyookball. It is about jonald_fyookball's open response to _underwriter, so my post is not directed at jonald_fyookball in any way; it's a response to horsebadlydrawn, as his reply embodies what seems to be a concerning shift in character that has happened in this sub over the last few months. I thought this deserved a post of its own rather than being hidden deep in the comments of another thread.

    horsebadlydrawn's reply to jonald_fyookball:

    https://www.reddit.com/r/btc/comments/a0xca2/an_open_letter_to_unwriter_response_to_medium/ealym9l/

    My response to horsebadlydrawn.

    There's not a single ounce of thought put into the possibility that these people (like _underwriter, Ryan etc) actually have legitimate reasons for making the decisions that they do, is there? You, in your omniscience just know that they are all, every single one, at best misguided and at worst corrupted individuals. Never mind that some of these people are clearly very smart, passionate, industrious people who until very recently were very much revered and celebrated by the community (and for some, even considered to be thought leaders); but that fact doesn't even register a blip on the radar now does it?

    They're either under a spell, or mentally ill, or have something else wrong with them that makes them think that way. And of course now they are all suddenly incompetent, never really that good at what they did and we are just talking about them, because they are (and always were) completely irrelevant? If anything is palpable, it's the inability to self-reflect, and consider that not everything is as black and white as is portrayed by people such as yourself.

    This demonization and character assassination of anyone with a different opinion, is exactly how cults behave. To be clear, I'm not saying /r/btc/ is a cult (inb4 the inevitable strawman), but in this respect, by demonizing previous allies, it is behaving in a similar way. Case in point, you, in your reply to jonald_fyookball are using the name "_underwear" in lieu of "_underwriter" and talking about his self-importance, arrogance, and insecurity, when the fact of the matter is that you have no idea who the fuck he actually is!!! Let that sink in for a moment.

    The only very common thread I see is the thread where someone who was considered to be a benefit to the community is suddenly set upon by the same community that they helped, because they made up their own minds that there was either something wrong with the community, or something more attractive in a different one. That coupled with the absolute inability to self-reflect and use the opportunity to identify potential problems and improve and/or rectify them.

    This is the same kind of thinking that has lead to the people in /r/bitcoin all worshipping the lightning network and at the same time willing to completely overlook the fact that it's a convoluted technical disaster. In /r/bitcoin anyone who agrees reinforces the hive mind, where as anyone who disagrees is baaaad and either ejected or made an example of. Alas, I see that same kind of idiotic mentality creeping into /r/btc.

    This makes me wonder whether BCH is going to learn from these recent events and improve, or whether it's going to dig in and allow the precedents that have been set to slowly erode at the foundations of the community and project in general.

    submitted by /u/CryptoVandal
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    Roger Ver Discusses the Bitcoin Cash Fork & Future - Bitcoin Cash Meetup Tokyo

    Posted: 28 Nov 2018 12:05 AM PST

    Do NOT use Coinomi wallet's BCH/BSV splitting feature. It has a 1% FEE for no good reason.

    Posted: 27 Nov 2018 03:32 PM PST

    Max Keiser has been awfully quiet about Bitcoin Cash. Got it wrong on all counts

    Posted: 28 Nov 2018 12:17 AM PST

    Jaxx wallet update: We’ve re-enabled the sending function for the Bitcoin Cash wallets in Jaxx & Jaxx Liberty. The current chain assigned to the Jaxx BCH Wallets is BCH-ABC.

    Posted: 27 Nov 2018 01:59 PM PST

    Freetrader: My response to Unwriter and a brief exposition on my thoughts about crypto "maximalism"

    Posted: 27 Nov 2018 01:01 PM PST

    Since Unwriter lifted a commented of mine from the (in)famous "Gold Collapsing, Bitcoin Up" thread on https://bitco.in/forum to paint my attitude as irresponsible toward investors, I would like to that a moment to respond openly.

    Before continuing, I would like to emphasize that I'm a huge fan of the work Unwriter has done on top of and around Bitcoin Cash. It is stellar quality, and I'm sad to see him express his intention to leave for BSV. That emotion aside, I believe his work so far has been fully open source, which is exemplary and I'm sure it will be picked up and continued on BCH. This demonstrates the value of open source, and in contrast, the relatively minor value of closed source or proprietary contributions to our ecosystem.

    On the rebuttal of his points, I fully concur with the points expressed by Jonald Fyookball in his rebuttal, to the extent that I do not want to dwell on any of those in this post.

    If there is anything to add from my side, it would be that I find Unwriter's post to be lacking a listing of how exactly ABC's recent development have impacted his own code and projects. I've not noticed any ABC changes to consensus or API breakage that would affect application projects in a negative way, but I'm certainly interested in his perspective on that as an application developer. What is the case, imo, is that ABC's "floating checkpoints" have temporarily secured a predictable environment in terms of required confirmations for commercial actors. But I'm willing to admit that there has been a cost too, as pointed out elsewhere, and I'd be happy to see these measures deactivated by default eventually, once the hostile hashpower threats have been surmounted.

    On to my actual point of this post: Maximalism.

    In the quoted comment, I used somewhat strong language, calling the maximalist position "dumbshit".

    If this offends any sensibilities, my apologies, but I do stand by it.

    What you need to understand is that this is one comment out of an entire conversation in the GCBU thread, presented without context, and without the clarifications which I had provided on my own position as regards "maximalism".

    Here is the link to the cited post where I respond to a question posed to me by Cypherdoc (the creator of the original thread):

    https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-1310#post-84951

    At the point of the above comment, there had been heated conversations between SV supporters and those that weren't, for many pages starting from the outbreak of the hash war.

    Here is my initial comment where I called the maximalist position as I viewed it on offer largely by SV proponents in the thread as 'dumbshit':

    https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-1302#post-84644

    I'll quote myself so you can understand what I'm trying to get at. Remember that CSW and others had been promoting a particular aggressive anti-everything-but-Bitcoin-SV type of maximalism up until now:

    And I don't need to tell businesses which currencies they should or should not accept.

    I'm not trying to create a NWO here.

    I'm much happier with a free market, "currency competition" to keep people on their toes and counteract the massive concentrations of power that create so many problems.

    Bitcoin is only ever going to become a *dominant* world currency, not *the single* world currency as some dumbshit maximalists believe.

    Others have described this view far better than I, but this is a forum conversation between long time bitcoiners who don't need to mince words or write beautiful essays there to get their points across to each other.

    Unwriter characterized my attitude towards maximalism without reference to my previous clarifications in the thread, including this one from Sunday (!):

    https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-1310#post-84954

    I do indeed view "Bitcoin" as a tree with many branches, some of which give up fundamental aspects of monetary soundness and will imo be pruned / fall away by the action of the market, as most will.

    Some may deliver good and necessary improvements or vital course corrections (like massive on chain scaling pursued in the Bitcoin Cash branch). Such branches may come to replace the main branch over time by gaining the value and most-proof-of-work-put-in over time.

    This is where the branch analogy probably breaks down and these so-called "altcoins" can be like seeds that can carry and sprout to bring peer to peer electronic cash to people, even if what the masses know as "Bitcoin" dies. Which is not to say it will -- it might linger around longer than any of us will ever experience.

    Finally, in another comment posted there today, I went about criticising what I perceive some people mean by calling themselves "maximalists", which is not even as "maximalist" as can be.

    https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-1317#post-85176

    and this one where I explain briefly why I don't think the kind "maximalism" propagated by certain people makes for a sound crypto investment strategy:

    https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-1317#post-85176

    Take my aggressive tone with a bit of salt. It is often tongue in cheek since I see quite aggressive tones from the SV camp (who even threaten to attack other fork branches and cryptocurrencies with SharkPool). This isn't a joke to me. I see them as a threat to the welfare of cryptocurrency as a whole, which includes the entirety of the Bitcoin space.

    Now you have a bit of a fuller view of my opinion on crypto maximalism. Make what you will of it - it is only my opinion, and I am not anyone's representative. Just one Bitcoin user, and someone who thinks that we can still learn from other coins and other "experiments" going on within Bitcoin and outside.

    Learning stops when you close your eyes and ears to the world around you.

    Happy to discuss and debate 'maximalism' in this thread, but not other topics.

    submitted by /u/ftrader
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    Vinny Lingham: "I’ve been consistent about the view that I believe that payments was the original vision for Bitcoin, not a settlement layer."

    Posted: 27 Nov 2018 06:48 AM PST

    Joystream will stay on the BCH chain.

    Posted: 27 Nov 2018 09:28 AM PST

    BCH-Powered Bitcoin Files Project Adds IPFS Support

    Posted: 27 Nov 2018 01:22 PM PST

    Unwriter was a plant

    Posted: 27 Nov 2018 04:12 PM PST

    Follow my crazy conspiracy theory for a second.

    • nChain creates an anonymous untraceable figure. Perhaps it's an employee of theirs.
    • This figure (u/unwriter) produces tons of awesome stuff for our community and garners tons of internal support.
    • CSW and nChain start their anti-Bitmain and anti-ABC narratives.
    • Hash wars ensue. SV loses.
    • Unwriter makes a nonsense post about how corrupt ABC is with their centralized development but ironically wants to side with Bitcoin SV. The article itself is posted by Ryan X Charles, an SV supporter.
    • Shills are out in full force on all unwriter response topics.
    • nChain benefits from the Unwriter supporters that move to SV. They also benefit from the added confusion and division in BCH over the subject.

    Unwriter was a planted double agent from the start. Change my mind.

    submitted by /u/Awston
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    2019 May Bitcoin Cash Fork Spec Draft proposal - Github

    Posted: 27 Nov 2018 04:12 PM PST

    Lets go baby coinbase back open for buys let’s get er done

    Posted: 27 Nov 2018 08:03 PM PST

    These 10 Bitcoin Price Predictions Are Not Ageing Well

    Posted: 27 Nov 2018 11:47 PM PST

    I'm doing 0-conf double-spending tests on Memo (BSV)

    Posted: 27 Nov 2018 05:16 PM PST

    Fine Jewelry Dealer Birks Group Now Accepts Bitcoin Cash

    Posted: 27 Nov 2018 05:30 PM PST
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