• Breaking News

    Sunday, June 30, 2019

    BTC Keep it up BCH! Viral r/btc thread EXPOSING CENSORSHIP of r/cryptocurrency by pro-Monero moderator samsungGalaxyPlayer Gets Him Demodded!

    BTC Keep it up BCH! Viral r/btc thread EXPOSING CENSORSHIP of r/cryptocurrency by pro-Monero moderator samsungGalaxyPlayer Gets Him Demodded!


    Keep it up BCH! Viral r/btc thread EXPOSING CENSORSHIP of r/cryptocurrency by pro-Monero moderator samsungGalaxyPlayer Gets Him Demodded!

    Posted: 29 Jun 2019 05:56 PM PDT

    Ross Ulbricht Letter Questions the Wisdom of Imprisoning Non-Violent Offenders

    Posted: 29 Jun 2019 11:13 AM PDT

    The Tipping Point: How a small but passionate community can change the world

    Posted: 29 Jun 2019 12:36 PM PDT

    BCHer's, have heart! It is your dedication to using BCH and spreading the word that will help bring monetary freedom to the world!

    I was looking at Marco Coino earlier today - there are a few locations in the world where BCH really seems to be taking off: Ljubljana, Slovenia (229 merchants) Caracas, Venezuela (200 merchants) Townsville, Australia (62 merchants) Tokyo, Japan (45 merchants)

    I'm super impressed at how international this effort is! The common factor in each city must be a passionate and dedicated group who is encouraging adoption and selling the benefits of BCH, namely the incredibly fast and cheap transactions.

    My heart goes out to Venezuelans for whom BCH is filling a vital need.

    Great job to the people driving adoption! You are an inspiration to me to push adoption in my own city, where sadly, there is very little BCH activity.

    Remember: spend and replace!

    submitted by /u/LN_question
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    Take the Lightning Network for a test drive. Send me a payment request.

    Posted: 29 Jun 2019 05:44 PM PDT

    If anyone wants to give lightning a try then Lightning App and Eclair Mobile are both very user friendly options and both are non custodial.

    https://github.com/ACINQ/eclair-mobile

    https://blog.lightning.engineering/announcement/2019/06/19/mobile-app.html#

    Eclair is Android only but Lightning App is both IOS and Android.

    Lightning App has an autopilot feature so you don't need to worry about opening channels yourself, you receive a Bitcoin payment and a channel is automatically created with however much Bitcoin you received.

    Eclair has a feature where you can request inbound capacity which makes receiving payments to your channel easier.

    Eclair has both static channel backups (which means that you can recover your channels with your seed phrase) and watchtowers (which ensure your funds remain safe in the unlikely event your device is offline for more than 2 weeks).

    If anyone wants to test receiving payments reply with a payment request for $1 and I will pay it :)

    Once your channel is open check that you have receiving capacity. If you don't then install Blue Wallet which is available for both IOS and Android and send however much you funded your channel with there, you will now have receiving capacity of the same amount that you originally funded your channel with.

    Also, if you have any questions or concerns about Lightning then ask, hit me with your best FUD ;)

    submitted by /u/jamckp
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    Where does one submit feedback to Marco Coino about listed merchants?

    Posted: 29 Jun 2019 05:04 PM PDT

    I tried to pay with Bitcoin Cash today by visiting two merchants listed on Marco Coino, but however was unable to do so in either case.

    The first merchant had its cashier claim that she "didn't know what Bitcoin was", and the payment to the second merchant failed due to a wallet fault on my end (the wallet I was using didn't accept cashaddr from the PoS QR code, and I didn't figure that out on the spot so I paid with credit card instead).

    I tried looking on the Marco Coino website but was unable to find a link where one would submit feedback on the listed merchants, only a link to list new merchants. Is there a place where I can submit such feedback?

    submitted by /u/TNSepta
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    History Lesson 07/2017: Adam Back (Blockstream CEO) Sabotaging Segwit2X Movement (NYA) with FUD

    Posted: 29 Jun 2019 09:33 AM PDT

    Setting up BCH payments at a retailer

    Posted: 29 Jun 2019 04:59 PM PDT

    A friend of mine has an outdoor sports (mostly whitewater kayaking/rafting) shop in NH. I'm trying to convince them to accept crypto. But how? Chances are they'll want to convert it all to fiat to cover expenses, but they're open and supportive of the crypto community. Any tips or explanations how to set this up?

    submitted by /u/besthingsinliferfree
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    How should I verify and install Electron Cash?

    Posted: 29 Jun 2019 05:23 PM PDT

    Are these the correct website and Twitter? Which one is the official GitHub: Electron-Cash/Electron-Cash or fyookball/Electron-Cash?

    submitted by /u/PrizeScience
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    buyers clubs

    Posted: 29 Jun 2019 04:49 PM PDT

    great business opportunity and would bring tremendous value to ecosystem, getting bch hodlers to buy from bch friendly vendors

    submitted by /u/jonald_fyookball
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    This Bitcoin Cash Thailand Instagram account really has some amazing photos of adoption!

    Posted: 29 Jun 2019 05:52 AM PDT

    When this post is an hour old, I'll be live-streaming a read-through of the Libra whitepaper (from the perspective of a BCH supporter). It'll also be my first stream using TipBitcoin.Cash!

    Posted: 29 Jun 2019 11:50 AM PDT

    Brave to add crypto wallets into browser, teases bitcoin cash support - TheNews.Asia

    Posted: 29 Jun 2019 06:23 AM PDT

    Rite of Passage I guess...

    Posted: 29 Jun 2019 12:01 PM PDT

    Rite of Passage I guess...

    Well... Finally got banned. Been there since 2013. RIP.

    https://i.redd.it/vv2s6qsdec731.png

    submitted by /u/IceTurtle4
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    Another crypto user hit with big BTC fees ..

    Posted: 29 Jun 2019 09:08 AM PDT

    Today BTC costs $11 to move $90

    Posted: 29 Jun 2019 02:12 PM PDT

    Coffee for BCH?

    Posted: 29 Jun 2019 01:37 PM PDT

    Anybody know any websites which sell coffee beans/grounds for BCH?

    submitted by /u/CoolDolphinGuy
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    Bitcoin 'Inventor' Craig Wright Claims He Can't Access Coins in Court Testimony

    Posted: 29 Jun 2019 07:11 AM PDT

    Has the "A Transaction Fee Market Exists Without a Block Size Limit" work been continued?

    Posted: 29 Jun 2019 01:24 PM PDT

    In 2015 Peter Rizun published this great article: https://www.bitcoinunlimited.info/resources/feemarket.pdf

    There he demonstrates mathematically that adding transactions increases the risk of orphaning exponentially, therefore miners have an incentive in trying to find the "right blocksize" to maximize their profits.

    By the end though, there is a small list of things that they claim require further study. Particularly this paragraph:

    We conclude by noting that the analysis presented in this paper breaks down when the block reward falls to zero. It suggests that the cost of block space is zero; however, this would suggest zero hash power, which in turn would suggest that transactions would never be mined and, paradoxically, that no block space would be produced

    There must be a solution to this. Has any been published somewhere?

    Thanks!

    submitted by /u/caveden
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    So what exactly is the point of honest.cash if they're openly able and willing to censor you for your opinion? Why am i supposed to want to use this over Medium?

    Posted: 29 Jun 2019 08:47 PM PDT

    PREFACE: I'm a happy, proud memo.cash user. This is not a criticism of Bitcoin Cash, but rather its simply a criticism of the honest.cash platform.

    Here in the FAQ it says:

    "Is the content saved on blockchain?

    We strive for uncensorable content. We offer writers an option to upload stories on Bitcoin Cash blockchain with the bitcoinfile protocol. We display the reference to the content saved on blockchain on the respective story page.

    There is one misconception about the definition of "uncensorable". We will not prohibit any opinion expressed on the platform or try to censor it. However, content that promotes racism, crime, hate or similar will not be listed on the platform. Notwithstanding, the permissionless nature of the content saved on blockchain does not stop the owner of the content to promote such content somewhere else."

    Racism: This word shouldn't even exist at this point, as its loose definition makes it literally useless. Am i racist if i say i don't like Mexican culture, or don't think asian women are that attractive? What makes something racist, and why are you demanding me to bow to your definition of it?

    Hate: Hate is even worse than racism. What defines hate?!? Hate is literally the logical opposite of love, so by saying you love X, you're saying you hate -x. That's just basic logic.

    Crime: Tax evasion is crime, disobeying the government is crime. Why are we defending statism here?

    Similar: What is this supposed to mean?

    Anyways, these rules are kinda dumb (unless you're a leftist / Progressive). I see a lack of utility in a medium-copycat that doesn't offer the decentralization or censorship resistance a blockchain or bitcoin based platform is supposed to have.

    Can we adopt a completely anti censorship policy? Can we make it fundamentally anti censorship?

    Edit: Made changes to mood of op. I think i like the platform, but i think its lacking here. We don't need another guy's political agenda. We need free speech.

    submitted by /u/FalltheBanks3301
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    Twitch Reintroduces BCH, Iran Seizes 1,000 Mining Rigs, Bitrue Exchange Hacked - CoinSpice

    Posted: 29 Jun 2019 07:48 AM PDT

    ChainX will Resume BTC Inter-chain Deposit and Launch New BTC Lock-up Mining

    Posted: 30 Jun 2019 02:25 AM PDT

    It's a reason why Bitcoin does not use 'Claim of Work'.

    Posted: 30 Jun 2019 02:12 AM PDT

    SoV? Satoshi?

    I'm not buying the claims, Instead I would invest in Proof (of Work).

    submitted by /u/Liiivet
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    Moonlambo will help bring world peace - The less obvious reason price DOES matter

    Posted: 29 Jun 2019 10:48 AM PDT

    Here's why getting rich off crypto will actually help make the planet a better place. A lot of folks looking at fundamentals tend to downplay the role of price, but I propose that the repeated bubble cycle of crypto caused by speculation is actually solving one of the most fundamental barriers to widespread adoption and use: the chicken-and-egg problem.

    The chicken-and-egg problem of crypto is that there is little incentive to accept crypto as a payment (e.g. by merchants) if not many people can spend it. On the flip side, there is little incentive to acquire and spend crypto if not many merchants accept it. The total number participants (buyers and sellers) is one of the key factors preventing crypto from being used as a currency more often. Until there is a critical mass of people using crypto, something else will have to encourage onboarding.

    However, the solution is right in front of our faces. Crypto's main use case right now isn't transacting as a currency; it's speculation. Every time a speculative bubble emerges, new participants join the network. Even when the bubble pops, there are still more people hodling crypto than before it began, which means there are more people to spend crypto, and more incentive for merchants to accept it. This is fundamentally why the price floor goes up with each bubble – there is greater network value. Many speculators have recognized this trend and will end up wealthy if it persists.

    Greed is the motivator for people buying in now. Unlike early adopters, entering mainstream users are not viscerally motivated by the cypherpunk ideals of Bitcoin's genesis: the idea of separating money from state, and use as p2p uncensorable digital cash. In essence, crypto is monetary freedom of speech. Early adopters have already bought in, but are not a large enough fraction of the population to solve the chicken-and-egg problem. Thus, speculation is needed to attract the majority.

    Other factors (infrastructure, transaction costs, usability) also play an important role as enablers to widespread adoption, but aren't the motivating factor for most people to buy in. Usable infrastructure is an enablement in that it must be in place to support adoption. The long-term effects of adoption will be greater price stability, and better utility.

    Higher prices will drive growth in the short-term until there are enough people holding/accepting crypto for the primary use case to change to being an actual currency. At that point, the vision will be realized.

    TL;DR: Until crypto is widely usable as currency, price increase is the main driver of adoption

    submitted by /u/LN_question
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    My 4th episode of Beats, Bible & Bitcoin is online. I am having a talk with Julian Figueroa, the first person on my show from outside of the Bitcoin Cash community. Can I convince him to join us?

    Posted: 29 Jun 2019 11:37 PM PDT

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