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    Tuesday, June 4, 2019

    Home Unlabelled BTC Jonathan Toomim: "At 32 MB, we can handle something like 30% of Venezuela's population using BCH 2x per day. Even if that's all BCH ever achieved, I'd call that a resounding success; that's 9 million people raised out of poverty. Not a bad accomplishment for a hundred thousand internet geeks."

    BTC Jonathan Toomim: "At 32 MB, we can handle something like 30% of Venezuela's population using BCH 2x per day. Even if that's all BCH ever achieved, I'd call that a resounding success; that's 9 million people raised out of poverty. Not a bad accomplishment for a hundred thousand internet geeks."

    June 04, 2019

    BTC Jonathan Toomim: "At 32 MB, we can handle something like 30% of Venezuela's population using BCH 2x per day. Even if that's all BCH ever achieved, I'd call that a resounding success; that's 9 million people raised out of poverty. Not a bad accomplishment for a hundred thousand internet geeks."

    Jonathan Toomim: "At 32 MB, we can handle something like 30% of Venezuela's population using BCH 2x per day. Even if that's all BCH ever achieved, I'd call that a resounding success; that's 9 million people raised out of poverty. Not a bad accomplishment for a hundred thousand internet geeks."

    Posted: 03 Jun 2019 08:39 PM PDT

    The first trade has already happened on Local.bitcoin.com!

    Posted: 03 Jun 2019 06:03 PM PDT

    local.bitcoin.com is live!

    Posted: 03 Jun 2019 05:02 PM PDT

    If Bitcoin Cash wasn’t a threat, it wouldn’t be attacked. Simple as that. There’s a million pointless cryptos out there that are simply ignored. So why attach BCH? Proof is in the attacks.

    Posted: 03 Jun 2019 02:55 PM PDT

    I finally own some BCH!

    Posted: 03 Jun 2019 12:55 PM PDT

    First of all, I come from a country where crypto is banned. I can't buy any, except from mining. Hell even if i wanted to, my yearly salary is 4000$, and cost of living is 6000$. Our government wants to silence us, and control everything we do, so poor people are excellent for controlling.

    I can only mine ETH, and i could use Nicehash to convert some of them to BTC. I always research this crypto sphere, coins, reddit, youtube. I know Crypto is the future of money. Too bad i cant be a big part of it.

    Recently i got tipped with BCH. I was amazed how fast the transaction was, and the fees were non existent. This is what digital cash should be! Yes BTC is secure, but is so slow and expensive to transact with. You could say, BTC is like gold, but we dont need another gold. We need currency, not store of value. LN is DOA, so BCH is the obvious choice here.

    ​

    https://imgur.com/zSeJOPt

    ​

    Also the community. People Think all BTC forks are scams. And BCH get a lot of negative comments because of that, especially because of BSV. I would never buy BCH before this, but seeing how fast the network is, I start to understand the comments like BTC is a dinosaur. Guys we are about to change the world. This is just the beginning!

    submitted by /u/pgrujoski
    [link] [comments]

    Less than 1 hour left to start trading: Why Local.bitcoin.com is so important

    Posted: 03 Jun 2019 04:03 PM PDT

    I've been a crypto enthusiast for a while. Maybe because I'm relatively young, the idea of a decentralized, liberating currency for everybody is something that still excites me. We see technical improvements every day (now we have Schnorr signatures and CashShuffle), and we are fortunate to have amazing developers that make using Bitcoin feel like actual cash (or even better, I would say). All of this is awesome and part of the reasons why I'm now more supporting of Bitcoin Cash as the true implementation of the technology described in Satoshi's whitepaper.

    Now we are going to achieve another milestone: a dedicated website to transact Bitcoin Cash freely and in an uncensored manner. No KYC/AML, reasonable fees and a good company behind.

    But there are some problems, and the main one is that the true adoption of Bitcoin does not come only from more people using it, but also from people understanding its inherent value and the freedom proposition that comes with it.

    These days we are being tempted to exchange our privacy, freedom, and dignity for convenience or security. They tell us that we should "abide the law" and that we should have "nothing to hide." That "Bitcoin is not for coffee" or even that "Bitcoin is not for poor people." Those people sell us a fake vision of Bitcoin by wanting governments to control it, and making it so unusable and expensive that we have to go back to traditional financial institutions and centralization.

    And it's sad when you actually go around and see what people are saying. Some are forgetting that this is a financial revolution for everyone in every corner of the world. And if Local.bitcoin.com helps us achieve that, then welcome.

    Bitcoin Cash is young, but grows a lot each day. And despite this difficulties, I know there are still people who will continue to protect these ideals. Thanks to everyone supporting it, thanks to the people who introduced me to it and than you for being a good community.

    submitted by /u/LeoBeltran
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    Dear ignorant media outlets, #silkroad does not sell child porn or weapons, your move government funded propaganda cannon.

    Posted: 03 Jun 2019 01:35 PM PDT

    eatBCH: "Now that is finally open, you can support us by using our referral code! ����"

    Posted: 03 Jun 2019 06:14 PM PDT

    Bitcoin.com's Local Bitcoin Cash Marketplace Is Now Open for Trading

    Posted: 03 Jun 2019 05:15 PM PDT

    A Stellar Animated Video from CoinSpice Explaining how CashShuffle Works Under the Hood!

    Posted: 03 Jun 2019 02:33 PM PDT

    Shower Thought: It's only safe to be in a theater where the exit doors swing inward, if you're the only person in the theater.

    Posted: 03 Jun 2019 07:13 PM PDT

    This is the reason I liquidated all my BTC well over a year ago. Seeing the fees ramp up it seemed somewhat inevitable ( in a long enough time-frame ) that there would be a panic out of BTC.

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    When the price starts to drop because the fees are too high, it is game-over for BTC.

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    Let it burn. Don't sell good bitcoin for bad.

    submitted by /u/qEAQNC3
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    TIL Mark Lundeberg has a PhD in particle physics

    Posted: 03 Jun 2019 12:42 PM PDT

    The Bitcoin Cash Protocol Development Fund has already raised more than 10% of its goal from 467 separate transactions!!!

    Posted: 03 Jun 2019 06:38 AM PDT

    BTC devs also want OP_CAT and OP_CHECKDATASIGVERIFY

    Posted: 04 Jun 2019 12:43 AM PDT

    There is discussion going on at the bitcoin-dev mailing list about adding the new opcodes OP_CAT, OP_CHECKSIGFROMSTACKVERIFY.

    These useful op codes already active on the BCH network. OP_CAT was enabled on BCH in May 2018 and OP_CHECKSIGFROMSTACKOP_CHECKDATASIGVERIFY in Nov 2018

    Instead, I propose that, for the time being, we simply implement OP_CAT and OP_CHECKSIGFROMSTACKVERIFY. OP_CAT pops two byte arrays off the stack and pushes their concatenation back onto the stack. OP_CHECKSIGFROMSTACKVERIFY pops a signature, message, and pubkey off the stack and performs a bip-schnorr verification on the SHA256 hash of the message.

    submitted by /u/dagurval
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    The real Satoshi don’t need to copyright bitcoin 10 years after it’s creation, hence Craig Wright is a patent troll.

    Posted: 03 Jun 2019 10:22 AM PDT

    Local Bitcoin Cash is ready within an hour!

    Posted: 03 Jun 2019 04:10 PM PDT

    Can't wait, this will probably be the most efficient way for people, like myself, to obtain crypto. Thank you u/MemoryDealers, and all the other people at Bitcoin.com that helped work on this.

    submitted by /u/imdoing
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    ��Never be afraid to do the things that help you to fight for your freedom�� Bitcoin Cash vs The State ������

    Posted: 03 Jun 2019 07:05 PM PDT

    Jonathan Toomim gives some incredible insight into Bitcoin scaling here. Well worth reading the thread from the top. Good to see decent convo from Btc people also for the most part anyway

    Posted: 04 Jun 2019 01:08 AM PDT

    SLP iOS Wallet Now Available! Badger Wallet by Bitcoin.com

    Posted: 03 Jun 2019 07:39 PM PDT

    This is fantastic! Tokens that can be sent worldwide instantly for ~$0.002 each. ERC-20 tokens can cost as $20 or more to send. I know... I paid it. Finally with BCH and SLP we have a token platform that functions well, costs less than one penny, and works on iOS, Android, and Chrome.

    ​

    Get Badger Wallet for your iPhone today: https://itunes.apple.com/us/app/badger-wallet-by-bitcoin-com/id1464796422?mt=8&ign-mpt=uo%3D2

    submitted by /u/coolcleaner
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    [Explainer Video] CashShuffle - Privacy for Bitcoin Cash

    Posted: 03 Jun 2019 08:44 AM PDT

    Zokos - Escrow is now available for OpenBazaar listings!

    Posted: 03 Jun 2019 06:18 AM PDT

    Pissed off at bitcoin and the market

    Posted: 03 Jun 2019 06:04 PM PDT

    Wow flair because no rant flair remove it if it breaks a rule idc. Mobile phone so formatting sucks

    I'm so frustrated with bitcoin and retarded market that follows it. I decided this past weekend in anticipation of the coming feepocalypse to consolidate my coins onto a segwit address on my ledger while fees are still low. Something ive been putting off for a while because fuck segwit.

    Ive been making transactions for over 2 years now so my wallet is pretty fragmented. My old wallet on Exodus was showing that I would lose over $100 in fees to make this 600 byte transaction. Uh no thanks, the fucking mempool is showing the last block cleared some 1 sat/byte transactions. So I had to import my private key into an electrum wallet and customize it so that it wouldn't generate a change address (free extra BTC for miners? No. Jesus christ, I'm already getting raped) and manually set the fee to 10 sat/byte, a $0.50 transaction this should easily clear next block or maybe in a few and the next block should be in approximately 2 minutes.

    5 minutes go by. 10 minutes. 20, 30, 40 fucking minutes with no block! By this time my transaction is behind thousands of others up to 150 sat/byte.... If this was a critical transaction then bitcoin would have lost my bussiness forever. Bitcoin has a shitty user experience. Even though I was ok waiting for a few blocks with a low fee it's so frustrating when one block randomly takes so long that it's possible your transaction could be delayed by days or forever due to the nature of the genious "fee market" just because bitcoin randomness decided to screw you. It eventually went through after a few hours. I though this was supposed to be the next big thing, this was supposed to be powerful and replace banks, but it felt like I was a getting scammed by big bank 2.0.

    My next though is why aren't I using the real bitcoin, the one that works? BCH. Oh yeah because the markets are retarded, not only is it worth only 5% of BTC'S value, it's been losing ground since it was created. Even though its innovating and growing, no one wants it. I hold a non trivial amount of BCH but I just cant justify adding more or even approaching the dollar value of my BTC holdings because it's a loser, it lost to the corrupt BTC shitcoin just like every other fork and it is fading into irrelevance just like the rest of the Bitcoin forks.

    So no matter how much I love the idea of crypto I'm stuck, forced to hold a coin I hate, that doesnt work, just so I don't get crushed into nothingness by the shills and useful idiots that follow them with their investments.

    Markets can remain irrational longer than you can remain solvent.

    I will sell my BTC once the mempool stops clearing on the weekends, probably for good. As that's usually right before the shit hits the fan and fees go exponential. Unless people start waking up to BCH or BTC decides to scale it's not worth holding a large percentage of my net worth in crypto anymore.

    submitted by /u/Redcrux
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    Lost bitcoin SV on sweep attempt - have I been scammed

    Posted: 03 Jun 2019 11:33 PM PDT

    EDIT: Read below, I have questions for/u/coinomi.

    ​

    This is my transaction, and the day I moved BTC to a ledger. Looking at the SV, It seems to have moved on further. I tried using electrum sv 1.2.1 to sweep it, and it failed with a crash. There doenst seem to be any SV on my ledger. I have the keys from the previous wallet but am lost as to how to get the funds back.

    https://bchsvexplorer.com/address/1NKwArqErbPuk7kGh64x8y8RihwuMeQ4Li

    ​

    The SV app shows I had 2.57 in this wallet on 16/1/2017 until 13/2/19 when I moved it to a ledger.

    u/prisonsuit-rabbitman pointed out that on on 2019-02-27 there was a somewhat suspicious-looking transaction that swept many addresses to a single destination. (one siphoned address containing as much as 71 BSV). This was not me, I had kept my original seed safe and used it only on coinomi.

    I still have those keys in coinomi and the Bitcoin Cash movements are showing up in the app but unless I have the wrong derivation path the Bitcoin SV is not. I can screengrab.

    ​

    Thanks.

    submitted by /u/ebola-gay
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    Initiative: coins too small to shuffle? Donate them to fund BCH developers

    Posted: 03 Jun 2019 07:09 AM PDT

    With cash shuffle, you can end with very small coins. An opt-in plugin to donate them to random BCH developers could be a good idea to fund the BCH ecosystem when cash shuffle goes mainstream.

    submitted by /u/libertarian0x0
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    A minor bug on local.bitcoin.com - malformed message

    Posted: 04 Jun 2019 01:29 AM PDT
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