• Breaking News

    Thursday, August 1, 2019

    BTC Trump boasts he could weaken US dollar ‘in two seconds if he wants to’ --- Inflation is good for Bitcoin Cash! Threats of inflation almost as good!

    BTC Trump boasts he could weaken US dollar ‘in two seconds if he wants to’ --- Inflation is good for Bitcoin Cash! Threats of inflation almost as good!


    Trump boasts he could weaken US dollar ‘in two seconds if he wants to’ --- Inflation is good for Bitcoin Cash! Threats of inflation almost as good!

    Posted: 31 Jul 2019 10:47 PM PDT

    Happy BCH Independence Day To All The Bitcoin Cash Community!! 2 Years!!

    Posted: 31 Jul 2019 11:14 PM PDT

    Today Bitcoin Cash is two years old.

    For the past two years, with much effort, this community has fought to bring the Bitcoin project of scalable P2P electronic cash back to the world. We started in many aspects from scratch. Adoption has been worked through and a lot has been learned.

    Excellent tools have been built. We have had pleasant and unpleasant experiences and even an intense conflict such as the hashwar. For two years BCH has been the best implementation of the Bitcoin protocol, with low fees, a focus onchain scaling and enough space to process a lot of transactions without risking stability.

    I am sure that in a year's time we will have grown much more and even much faster than we have grown in these early years.

    A hurrah for developers, divulgators, activists, hobists and even sympathizers who use BCH among many other cryptocurrencies for their good properties. I send a big hug to all of you and remember: Bitcoin is Cash, BCH is Cash, BCH is Bitcoin.

    PD: Sorry if my english is now so clear, is not my native language. Greetings from Venezuela.

    submitted by /u/darthroison
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    Two years in, the biggest challenge facing Bitcoin Cash

    Posted: 31 Jul 2019 09:12 AM PDT

    Two years ago today, after years of Bitcoin failing to raise an artificial limit on capacity, a small group of Bitcoiners decided to move forward with a proposed protocol upgrade with or without community consensus, forking Bitcoin and creating Bitcoin Cash.

    Today I predict that the biggest challenge facing Bitcoin Cash two years later is not a technical one. Rather, it is a matter of whether this community can make the transition from defining itself in relation to what it's not (BTC, Core, Blockstream, the Lightning Network) to defining itself on the basis of what it is and aspires to be. Not only is this the biggest challenge that Bitcoin Cash faces, I think it is one of existential significance for the entire project.

    Nearly every day for the past two years, I've checked in on this subreddit, read your contributions, up- and down-voted, commented and sometimes even posted. One thing that has stood out more clearly as time has moved on, and which has increasingly become a cause of distress in recent months is our continued unhealthy obsession with BTC.

    I am not the only person that has noticed this. Earlier this month, one of our most prolific contributors u/Kain-niak said: "Hey can we all get over our victim complex and move towards the future. BCH is working great and has been for almost 2 years now, ZERO interruptions. 99,99% of every tx made was in the next or second block. We are not victims, we are leaders." Something else that comes to mind is u/Jonald_fyookball's recent suggestion that, whilst true, insisting that Bitcoin Cash represents "Bitcoin: a peer to peer electronic cash system" and BTC doesn't, may not be our most effective marketing strategy. Let is suffice to say that these comments from well-respected contributors were received as rather controversial.

    And yet, this is our subreddit. Here are just some of the notable and popular posts from the last week:

    I know that some of you will say that we need to speak the truth and inform people about what happened to Bitcoin, and I agree. But there are several of problems with this response. First of all, it seems obvious to me that these daily posts aren't for newcomers, they're for us. Even though Bitcoin Cash is going strongly and there's exciting news almost every day, somehow we still feel the need to constantly post all of this negative content. Why do we need to construct this ever larger and more malicious picture of Core and Blockstream to feel good about Bitcoin Cash? This suggests to me that something's not quite right about our community spirit.

    Second, it just has really terrible optics; especially if we're hoping to draw new people into Bitcoin Cash. Posting day after day about everything that's wrong with BTC doesn't help us attract new users to crypto or to Bitcoin Cash. For one, normies don't care about this (ancient) history. They just want a cool cryptocurrency that is easy to use and which works (that's BCH!!!). Moreover, to outsiders this kind of meme war against BTC appears obsessive, deranged and resentful, playing right into the maximalist propaganda that's been spread about Bitcoin Cash. In short, people coming here for the first time and reading this material don't think: "Oh, I wasn't aware of all of these great criticisms of BTC. I guess Bitcoin Cash is awesome." No, they think: "Why are those Bitcoin Cash guys so angry and obsessed? That's not healthy!!"

    And the truth is, it's not healthy. I worry that, given the choice, some of us here in r/btc would rather that BTC be wrong than for BCH succeed. I worry that the Bitcoin Cash community would rather virtue signal about upholding "freedom of speech", all the while battling the trolls to the death, than elect to congregate in a forum where we can actually have a decent discussion about the things we care about. And I worry that we'd rather re-live the same pointless debates eternally—whether the trolls go by the name of Hernzz or Charlie Lee or Samson Mow or someone else—than to actually do productive work improving and spreading adoption of Bitcoin Cash.

    And finally, it seems that if anyone raises these issues, then their commitment to Bitcoin Cash is immediately called into question. Having seen other users figuratively smear their faecal matter over the walls and windows and having suggested politely that they might want to reconsider their actions—that such behaviour is perhaps unhygienic and might make us all look like derelicts to passers by—I've been accused of being a "core psyop". "Stahp repressing me!" is the line.

    Today is the anniversary of our independence day. The Bitcoin Cash fork was 2 years ago. The Theymos ban hammer was almost 4 years ago. But somehow we're still stuck in this narcissistic time-loop where we'd apparently prefer to dwell on the injustice of these events than get on with building the bitcoin that we supposedly care so much about. Blockstream no longer stands in our way. So what's the hold up?

    I'm under no illusions that this post will be popular, but I'm convinced that things must change if this situation is to improve. I hope that enough of you give some of this a few minute's thought. Our current approach has not worked; it's time to try something different.

    In summary, I propose that:

    1. We make a conscious effort not to dwell on negatives about Bitcoin, Core, Blockstream or LN anymore than is absolutely necessary to maintain and defend our integrity. Let looking away be our only negation.
    2. We focus on talking about promising BCH news, discuss ideas about spreading adoption, and new use-cases etc.
    3. We make a conscious effort not to engage with trolls. They sap precious energy that is already in scarce supply.
    4. If trolls make involved, focused discussion impossible, then the community should consider migrating such discussion to a more suitable forum, such as r/bitcoincash. Intellectual hygiene is precious and we cannot allow our intelligence to be degraded by trolls.

    I'm looking forward to hearing your thoughts. Take care, all.

    submitted by /u/CatatonicAdenosine
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    Be sure to support the BCH developers guys!

    Posted: 31 Jul 2019 09:03 PM PDT

    Every single time I use bch for a lightning quick transaction, I really feel thankful to the devs that actually got this right. I gladly donated some of my bch on bitcoin.com as a result. This can only get better! Remember that there are hard working individuals that made this possible for us.

    submitted by /u/thebitcoinmogul
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    Craig wright lost suit to roger ver! Have to pay roger ver his legal costs!

    Posted: 01 Aug 2019 12:31 AM PDT

    CashShuffle - Enhanced privacy is now available for Bitcoin Cash

    Posted: 31 Jul 2019 06:16 PM PDT

    Two years in, the biggest challenge facing Bitcoin Cash: Still infiltration, divide and conquer, censorship.

    Posted: 01 Aug 2019 12:13 AM PDT

    Concern trolling and vote manipulation is a great way to acheive the above.

    Right now, BCH is probably the most resilient community against these kind of attacks, which no doubt is being carried out against most major cryptos in one form or another. By learning from history and from the old-timers of this community, we can keep the BCH-community resilient. That's why we should never forget what is being done to BTC and who were the perpetrators.

    For example, the Core/Blockstream propagande machine is attacking 24/7, rewriting history and smearing Roger Ver. What would happen if we were just silent and let them paint Roger Ver as a fraud, when in reality he's one of very few leaders in the Bitcoin space who was NOT silenced, NOT bought out and continued to fight when most people turned their coats for reasons which are still unclear.

    One technique I've noticed in the concern troll posts is that they first point out how we attack Core/Blockstream but then shift the goal post as to imply we are attacking BTC (the coin). Nothing is further from the truth in my view. Most of us own a significant proportion of BTC and have no tribalistic sense of "my coin". We only want peer-to-peer electronic cash according to Satoshi Nakamotos world changing vision. If BTC becomes that, I'd gladly change my holdings back to 100% BTC. The brainwashed r-bitcoiners don't see it this way though, they hate Bcash, ETH and other "shitcoins" and they project that we feel the same about other coins, which is why they throw this shit against us.

    Last, who gives a shit if there's lots of arguing on this sub? People like drama, but only 1% actually comment or post. Let the upvotes speak. Bitcoin Cash is gonna be money for the world, for billions of people. I doubt the users of M-Pesa or PayPal go to read the respective subreddits of these systems before they decide to use it or not. This sub is a battlefront, to SAVE BITCOIN, and the exposing of lies and propaganda is crucial to the whole system.

    Just my 2 satoshis.

    EDIT. If you don't like arguments and ugly truths, don't despair, there are lots of censored subreddits, actually reddit is a great place for you. I suggest r/technology, r/politics or r/bitcoin. Or just r/funny.

    EDIT 2: For the rest of you, I recommend r/WatchRedditDie , Reddit censorship is accelerating everyday. RIP Aaron Swartz.

    submitted by /u/SwedishSalsa
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    The REAL biggest issue facing Bitcoin Cash: we are under attack and many don't realize it

    Posted: 31 Jul 2019 04:01 PM PDT

    Many in our community are warning us that we are in danger because we are letting ourselves be defined by BTC, and too negative in how we interact online.

    Let me be crystal clear, they are WRONG.

    First, watch this video. It's an interview with a KGB defector. It was filmed over 30 years ago, but sounds like it is talking about current events.

    What you must understand is that the BCH community is under attack. We, whether we know it or not, are at war. If you don't perceive this as reality, you are nothing more than a useful idiot. It's not just a war, it's an asymmetric war, and the odds aren't in our favor.

    At best, BTC and decentralized cryptocurrencies are under attack by bank funded VC's who are trying to rent seek on BTC while keeping it dominant.

    At worst, and most likely, BTC and decentralized cryptocurrencies are under attack by state actors, with companies that profit from the attack tagging merrily along.

    In the video, Yuri talks about four stages when the KGB would attempt to attack a community/country/adversary during a cold war. It wasn't James Bond and espionage, it was almost all social manipulation. Here are the four stages:

    1 Demoralize.

    This process takes years. For countries it takes an entire generation, 15-20 years. For crypto, it happened much faster, because they started very early, when culture was still being formed. With BTC it happened with the "contentious blocksize debate". Developers were installed by blockstream and other companies, spokespeople came out of the woodwork blocking scaling, and progress on BTC was halted. The narrative was controlled by censorship and banning, and figureheads that wanted to scale Bitcoin had their reputations attacked and ruined. I have never been so frustrated and demoralized in my life as I was from 2014 to 2017. I know many of you reading this know what I'm talking about.

    2 Destabilize.

    This happened with BTC with the SegWit 2x fork, where they double crossed with the 2x increase.

    3 Crisis.

    This was the fork. The few people who had the tenacity to put up with all of the bullshit in 1 and 2 were forced to fork off into a much smaller community, the refuge called Bitcoin Cash.

    4 Normalization.

    This is when the adversary takes control. This has happened with BTC. The blocksize will never be increased, and the only scaling that will ever happen will be through bank-like hubs, controlled by the same authorities we have in place today. Anyone that disagrees is cast out and must find a different community. BTC's dominance is cemented because huge financial giants pump the price, and attack alternatives viciously.

    But wait... that's not the only attack. BCH was subsequently attacked again!

    1 Demoralize.

    CSW (the guy who ruined Gavin's reputation, mind you) wormed his way into the community over around a year. Backed by an online gambling billionaire who was on the FBI's most wanted list (hmmmm) and unknown funders behind that front powering "nChain".

    2 Destabilize.

    nChain and CSW introduce changes that force a hard fork in BCH only days before the scheduled upgrade date, months after the code for the upgrade was agreed to by all parties and frozen.

    3 Crisis.

    The fork. Planted agents and useful idiots like Ryan Charles leave the project, supporting BSV. Our community is fractured AGAIN. BCH itself is suspected to be 51% attacked, but only through a shift in hash power and the 10 block rollback emergency change, this attack is mitigated.

    4 Normalization.

    Projects and developers (both agents and useful idiots) left the BCH ecosystem, and now support the fully controlled BSV chain, leaving BCH weaker and demoralized.

    This process, demoralize, destabilize, crisis, normalization will be repeated over and over and over, forever, as long as the existing financial institutions and/or state powers deem cryptocurrency a threat.

    The Soviets used to murder useful idiots during normalization, when they realized they had been duped. I don't think we've had much murder, thankfully, but if state actors are involved, don't rule it out.

    If we are naive, ignore the fact that we are under attack by a larger adversary who will use any tactic to win, and only talk about the positives of BCH, that message WILL be drown out by 10x more Bcash Jihan Roger centralized BS. Our adversaries have more resources, people, and are laser focused on their attack.

    It's unfortunate, but we MUST point out common sense, and educate newcomers over and over about the history of the BTC attack, the BSV attack, and any future attacks that can and will be made against BCH.

    If we don't, BCH's achievements will be completely canceled out by negativity from the multi-pronged psychological operation, and it will become a failed experiment.

    It's going to be a long, hard road.

    submitted by /u/andromedavirus
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    You ask, we listen. You can now delete your account on local.bitcoin.com

    Posted: 31 Jul 2019 09:56 AM PDT

    happy "Bitcoin" Independence Day

    Posted: 31 Jul 2019 09:13 PM PDT

    we achieved a lot

    we face strong attacks

    let´s focus on progress and adoption

    ignore Trolls

    submitted by /u/PanneKopp
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    Patent troll is suing Coinbase over SMS messaging. EFF talks about flaw in patent system that is abused.

    Posted: 31 Jul 2019 12:35 PM PDT

    [debunked trope] imagine it's the beginning of the internet, and your method of scaling was to run more wires between every house

    Posted: 01 Aug 2019 12:00 AM PDT

    https://www.reddit.com/r/btc/comments/ckfweo/the_real_biggest_issue_facing_bitcoin_cash_we_are/evob7n8

    imagine it's the beginning of the internet, and your method of scaling was to run more wires between every house

    right, everyone knows the internet scaled "off-wire" and not by adding more wires

    oh wait.

    first I had twisted pair, then they added more wires (1995) and I had ISDN, then they added more wires (2001) and I had cable modem, then they added more wires (2016) and now I have fiber

    it's almost like the internet scaled by adding more wires to everyone's house

    submitted by /u/jessquit
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    BCH Anniversary Meetup in Los Angeles Tomorrow!

    Posted: 31 Jul 2019 04:13 PM PDT

    Bitcoin Cash and SLP Tokens Directly Available From Your Apple Watch (mainnet & testnet)

    Posted: 31 Jul 2019 03:47 PM PDT

    rBitcoin logic: Cashing out? You should kill yourself instead. BTCore's modus operandi is to substitute social coercion for technical merit.

    Posted: 31 Jul 2019 10:09 PM PDT

    Coming soon!

    Posted: 31 Jul 2019 12:15 PM PDT

    Craig Wright's lawsuit against @rogerkver in the UK struck out Courts do not like defamation tourism #faketoshi

    Posted: 31 Jul 2019 07:05 AM PDT

    In light of the top post right now.... RISK. FINANCE.

    Posted: 31 Jul 2019 10:59 AM PDT

    New Bitcoin Cash Specs Propose Heightened Privacy and Double-Spend Proofs

    Posted: 31 Jul 2019 11:59 AM PDT

    Bitcoin cash meetup tonight sydney

    Posted: 31 Jul 2019 03:18 PM PDT

    Pre-Register for Bitcoin.com's New Crypto Exchange to Win Bitcoin Cash Prizes

    Posted: 01 Aug 2019 01:15 AM PDT

    I don't understand the whole Spice token thing.

    Posted: 31 Jul 2019 06:40 PM PDT

    How can it be a tipping token? To tip, it needs value. To have value, it needs to be bought. And who's buying it???

    I understand the whole create your own SLP token for fun thing, but i don't understand how Spice has a meaningful valuation.

    Do people think its more fun to tip in their proprietary shitcoin then Bitcoin? Is it some kind of a one-time proof of concept campaign? I just don't think i get it.

    submitted by /u/cryptacritic17
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    CheapAir.com and Bitcoin.com Partner to Serve Bitcoin Cash Travelers ✈

    Posted: 31 Jul 2019 08:02 AM PDT

    Question for the traders: What does it mean that BCH has 2/3 as many shorts as BTC, but has a market cap of about 1/30th of BTC?

    Posted: 31 Jul 2019 12:26 PM PDT

    Craig Wright's defamation case against Bitcoin Cash's Roger Ver dismissed - AMBCrypto

    Posted: 31 Jul 2019 10:18 AM PDT

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