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    Friday, November 23, 2018

    BTC The World still has not seen the Purpose of Bitcoin.

    BTC The World still has not seen the Purpose of Bitcoin.


    The World still has not seen the Purpose of Bitcoin.

    Posted: 23 Nov 2018 01:15 AM PST

    Friendly reminder that the LiteCoin ($36) founder sold 100% of his coins as it ran up to $300 while wearing a HODL shirt for video interviews.

    Posted: 22 Nov 2018 06:20 AM PST

    Increasingly desperate Calvin Ayre schooled by Rick Falkvinge

    Posted: 23 Nov 2018 12:57 AM PST

    A down-whale has arrived at the SV/BCH pair on CoinEx...

    Posted: 22 Nov 2018 09:34 PM PST

    Central Bank of SV

    Posted: 22 Nov 2018 10:56 PM PST

    "The reason why millions of dollars were spent to attack & defend Bitcoin Cash BCH is because it’s something truly worth fighting over. It’s sound money. It’s permissionless. It’s what Satoshi Nakamoto wrote about in 2008. It’s Bitcoin, a Peer-to-Peer Electronic Cash System."

    Posted: 22 Nov 2018 02:42 PM PST

    History repeats itself. I just have been banned from r/bitcoincashsv for, I believe, stating it isn't welcoming community.

    Posted: 22 Nov 2018 08:23 PM PST

    I seriously wanted to give bsv a chance. I mean, why not? I don't like Craig, I don't like tactics SV supporters deployed here and there, but they have a vision. Satoshis vision allegedly. Oh irony.

    submitted by /u/MarchewkaCzerwona
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    When will the hurting stop ?

    Posted: 23 Nov 2018 01:24 AM PST

    At the risk of sounding like a troll or a shill, does anyone still believe BCH is going anywhere but down?

    I got into Bitcoin years before the bubble, and accumulated a fair share. When BCH forked I believed in it, and put my money where my mouth is.

    But, we have been bleeding virtually the entire time. There was a little bit of up, but most of it has been slowly but surely going down to zero.

    As I also work in the cryptosphere, over the past year I've regularly talked with several big Bitcoin people. And while it seemed a constantly uphill battle, I was even able to convince some of them of the merits of BCH vs BTC. It's amazing how firmly lodged the core narrative of on-chain scaling being impossible, store of value, etc, is in otherwise reasonable people. If anything, this has gotten worse over time, not better (it feels like the other side is slowly winning that one).

    This fork seems to have shredded the last bit of the confidence. I reluctantly follow ABC, because CSW and Ayre have completely lost it, but its not like Amaury is a shining example of sound reasoning or making good decisions. The egos are clashing while nobody involved seems to actually be worth their ego, and nobody seems to care about the actual users of BCH. Development wise, we're now practically as centralized as core.

    Mining wise, this fork shows just how easy it is to get >50% mining share on the BCH chain. We're a madman's click away from being fully centralized.

    On technical merits, sure BCH is far beyond BTC. But it seems absolutely nobody outside of our little bubble here on /r/btc believes in it. Overall confidence in crypto is way down, and BCH worse than average. The price has been practically in free fall, volume is completely gone, nobody wants it, trouble aplenty. While everyone here seems positive and hopeful, BCH's relative value compared to BTC would need to double or triple from what it is right now to even being close to getting back on track. Does anybody honestly believe that will happen? How? What can possibly trigger this event? If I as an engineer who believes in the tech, a business man who has the funds to invest, and an idealist who believes in the ideas behind crypto, can no longer bring myself to see hope on the horizon, how will anyone else?

    My belief in BCH has literally cost me over a million dollars compared to staying in the inferior BTC. I am nearly to the point where I'm going to have to sell everything to prevent running a loss (how ridiculous is that for someone who got in before the bubble). I'm not saying that to garner your pity - while I'm not a wealthy man I'm certainly not a poor one, and I'll be just fine. But absolutely everything points to BCH being a lost cause at this point.

    CMV

    submitted by /u/AwkwardEddy
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    CoinGeek now feels there is no point in negotiating. If ABC puts replay protection in to permanently split the chains we will ensure that nobody bothers them again. They can keep BCH as BSV is not the original Bitcoin Cash its the original Bitcoin.

    Posted: 23 Nov 2018 01:09 AM PST

    Hacker lifts $1 million in cryptocurrency using San Francisco man's phone number, prosecutors say

    Posted: 22 Nov 2018 07:09 PM PST

    Reminder: The Bitcoin Cash network never stopped being reliable, even for a minute, through the recent upgrade

    Posted: 22 Nov 2018 12:05 PM PST

    Sure, third parties like exchanges paused their activities but the Bitcoin network itself has been running like clockwork.

    submitted by /u/jonald_fyookball
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    One day, BCH will ship more organic tx than BTC, it is inevitable

    Posted: 22 Nov 2018 05:14 PM PST

    I always used Bitcoin transaction volume as a sign that the growth of price was justified. When BTC hit the 1MB cap, this was no longer possible.

    One day, BCH will have as much volume as BTC. You must ask yourself, what will happen between now and then.

    submitted by /u/braclayrab
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    [Ugh.. That's Negotiating] "There is no point in negotiating.. So here is our offer." ~Calvin Ayre (paraphrased)

    Posted: 23 Nov 2018 02:00 AM PST

    "BAB" is the new "bcash"

    Posted: 22 Nov 2018 11:49 AM PST

    We have now added the Bitcoin Cash SV balances to all accounts and allowed trading to begin. Bitcoin Cash ABC (known as BCH on our site) fundings and withdrawals have been enabled again but Bitcoin Cash SV (BSV) fundings and withdrawals will remain disabled until further notice.

    Posted: 22 Nov 2018 06:41 PM PST

    What's up with binance still not allowing deposit / withdraw of either BCH or SV?

    Posted: 23 Nov 2018 02:06 AM PST

    I know they have differing names BCHABC and BCHSV for those coins, but isn't it about time to let people deposit / withdraw them? It's ridiculous. Just wait more confirmations like just about every other exchange if you're scared of a reorg.

    submitted by /u/moleccc
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    CoinGeek has Mined 20 out of the Last 25 Blocks on Bitcoin SV

    Posted: 22 Nov 2018 09:40 PM PST

    I have traded on Bitfinex since they opened (I started on Bitcoinica) but today I did the best thing ever.

    Posted: 22 Nov 2018 03:39 PM PST

    "It is CoinGeek’s opinion that the two chains are now so far apart and have such divergent plans ahead that there is just no path back to joining them. " good fucking riddance.

    Posted: 23 Nov 2018 02:39 AM PST

    Why did Calvin and CSW tried to take over BCH instead of BTC?

    Posted: 22 Nov 2018 03:11 PM PST

    I have my own conspiracy theories about this, but would like to hear something technically reasonable.

    • Was it because it had a smaller hashrate, so theirs would be significant enough to take the coin by force?
    • Why didn't they created their own coin with their own rules?
    • Why didn't they at least forked with replay protection as BCH did with BTC? Lots of people may as well never claim their coins because of the apparent difficulty to split them.
    • Was it a distraction for another attack that we are yet to see?
    submitted by /u/ml_trader
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    "Telescope" the BitcoinCash WebWallet extension for chrome and firefox needs some attention from the BCH community and especially Bitmain (the new owner). It's fast & super easy to use. It has a big potential to be the best BCH wallet but it needs some work on its IU.

    Posted: 22 Nov 2018 12:40 PM PST

    Norway scraps electricity tax subsidy for Bitcoin miners

    Posted: 22 Nov 2018 10:08 PM PST

    Wormhole SV

    Posted: 22 Nov 2018 03:46 PM PST

    Right now sending money by BCH is the cheapest way to send money worldwide. Proof provided.

    Posted: 23 Nov 2018 12:23 AM PST

    Calvin Map

    Posted: 22 Nov 2018 10:17 AM PST

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