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    Home Unlabelled BTC HitBTC is offering some BCH based markets now

    BTC HitBTC is offering some BCH based markets now

    September 14, 2019

    BTC HitBTC is offering some BCH based markets now

    HitBTC is offering some BCH based markets now

    Posted: 13 Sep 2019 10:01 PM PDT

    from now on you can trade the coins

    BTC, ETH, LTC, ZEC, EOS, DASH, XLM, TRX, XRP and ETC

    and the stable coins

    USDT, TUSD, DAI and EURS

    against BCH

    ​

    trade on your own risk

    submitted by /u/PanneKopp
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    Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated

    Posted: 13 Sep 2019 05:20 PM PDT

    So you want small blocks with high fees to validate your own on chain transactions that happen OFF CHAIN?

    Posted: 13 Sep 2019 07:57 AM PDT

    Can exchange prices be gamed? Any one with a stop long or short between 8000 and 12000 usd got taken out in a split second on kraken. Maybe trading with stops and leverage is not so smart.

    Posted: 14 Sep 2019 02:12 AM PDT

    Facebook's Libra Cryptocurrency HACKED - Major Security Flaw Discovered in Early Version of Libra Code...

    Posted: 14 Sep 2019 02:58 AM PDT

    Pros and Cons: would we want Tether on the BCH blockchain, or as an SLP token?

    Posted: 13 Sep 2019 07:58 PM PDT

    What the title says. Tether on Ethereum is taking up a lot of their blockchain. BCH could probably handle the volume, and the irony would be beautiful, but do we want their fraudulent crap? Discuss.

    submitted by /u/Sugarbird676
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    The Euro has taken a strong lead on local.bitcoin.com followed by the USD and CNY.

    Posted: 13 Sep 2019 10:35 AM PDT

    Bitcoin Core's (BTC) Value Explained

    Posted: 13 Sep 2019 04:48 AM PDT

    Lightning Network total value locked continues to plummet as BTC investors leave for better alternatives after years and years of broken promises

    Posted: 13 Sep 2019 08:29 AM PDT

    On the rhetoric of Contrarian_ aka Greg

    Posted: 13 Sep 2019 01:38 PM PDT

    So I have noticed this in many threads now and maybe my little write up will help some to get get riled up by this snake.

    First thing I noticed is that he pops up in very specific threads. They are almost always technical and they are often controversial.

    .

    He than assumes the position of the doubter sewing doubt.

    .

    I'm really not getting why everyone thinks merely publicizing an attack like this after-the-fact would obviously be sufficient to stop or prevent it.

    .

    But he never makes his position clear. By not making his position clear he has all the space to back up as the discussion goes on. If you compare a few different threads you likely come to the same conclusion, that his only position is the absolute. Like 100% of users should be running full nodes. The chain should be protected by 100% hasrate. He will never make this clear, because he is not their to solve a problem, he is there to se doubt and dispute.

    .

    Here is the answer from a redditor to the above quote:

    I'm really not getting how 100% of users running non-mining nodes would be sufficient to stop or prevent it.

    .

    And his reply:

    Why would a miner even try to break a rule if no users will follow them?

    .

    He also rarely gives you any front to attack he keeps his answers vague and let's the other party talk:

    You are assuming that merely publicizing misbehavior will be enough to prevent it or reverse it. I disagree.

    No argument just food for the user to rile up.

    And another one (quote in quote is from a redditor)

    Public knowledge of invalid coin issuance gives market suppliers ... Coinbase detects >>an invalid mint on a 51% attack, Coinbase freezes trading on that chain immediately

    What if Coinbase agrees with the change, or is complicit, or are paid off by the miners, >or isn't running full nodes (see BSV payment processors)? What if they don't want to >risk losing a ton of funds by 'shutting down' for the day? And Coinbase is just one >exchange out of many. What if the other ones follow the longer chain? You're making a l>ot of assumptions here.

    And another one:

    So you sacrificed an accurate argument for simplicity? Your argument here totally falls apart if even a few exchanges allow miners to sell their coins.

    He only accepts 100% answers and in a reddit setting this is of course not possible. Everyone assumes the other party discusses the topic in good faith. Contrarian doesn't that simply not his goal.

    He is obiously not dumb, thats why it seems so easy for him to rile people up and sew doubt he always find the hole in your argument because you didn't write dissertation but just a reddit post.

    .

    So the conclusion is. I don't know what to do. I just hope less people get riled up and angry and in a bad mood because of him.

    submitted by /u/Remora_101
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    Bitcoin Cash. It's Us.

    Posted: 13 Sep 2019 12:18 PM PDT

    Cuba becomes the latest country to use bitcoin to subvert US sanctions

    Posted: 13 Sep 2019 09:30 AM PDT

    TIL of the “Illusionary Truth Effect”

    Posted: 13 Sep 2019 10:18 AM PDT

    The illusory truth effect (also known as the validity effect, truth effect or the reiteration effect) is the tendency to believe information to be correct after repeated exposure. When truth is assessed, people rely on whether the information is in line with their understanding or if it feels familiar. The first condition is logical as people compare new information with what they already know to be true. Repetition makes statements easier to process relative to new, unrepeated statements, leading people to believe that the repeated conclusion is more truthful. The illusory truth effect has also been linked to "hindsight bias", in which the recollection of confidence is skewed after the truth has been received.

    Illusionary Truth Effect

    submitted by /u/metalbrushes
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    Question from someone slightly out of the loop: is it safe to send prefork BTC these days?

    Posted: 14 Sep 2019 12:01 AM PDT

    In other words: are transactions made on BTC incompatible with Bitcoin Cash chain/network and wont be replayed any more?

    submitted by /u/moleccc
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    "We got to pay just about everything in bitcoin cash!" - Cameron Lee Explains his time at #BCHcity Conf

    Posted: 13 Sep 2019 06:29 AM PDT

    SLPVH (SLP Hackathon) starting in two weeks

    Posted: 13 Sep 2019 11:23 AM PDT

    Let's show influential Youtuber and journalist TIm Pool som love.

    Posted: 14 Sep 2019 03:12 AM PDT

    I believe donating to people like Tim is one of the best things we can do as a community. This guy has 117 053 715 views so far, and is being threatened with financial censorship because of his, as I see it, centrist world view. Showcasing the strength of BCH and maybe having it mentioned by Tim would be priceless publicity. It doesn't have to be much, a lot of small donations is sure to make an impression as well (for example, everytime you watch a video, send 25 cents). In fact, sending small tx is the strength of BCH and not possible with BTC or ETH.

    https://www.timcast.com/donate

    https://www.youtube.com/user/Timcasts

    QR code: https://blockchair.com/bitcoin-cash/address/1DPnafbB5qf9FWshEfVDKH8Q2JFwgyjs1q

    submitted by /u/SwedishSalsa
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    OKex mining 35% of the BCH blocks

    Posted: 13 Sep 2019 07:59 AM PDT

    David R. Allen gives an inspiring speech on the future of Bitcoin Cash

    Posted: 14 Sep 2019 02:29 AM PDT

    Creative Ways to use SLP Tokens for a Tattoo Studio?

    Posted: 13 Sep 2019 04:02 PM PDT

    My friend Mark, owns Montaj Movement, a Tattoo Studio here in Cairns. We were thinking of a possible use case would be using it as loyalty points. Every 100 tokens a person collects, they can a hat or a t-shirt. What other ways have loyalty points been used in a tattoo studio? I'd love to hear some creative ideas.

    ​

    If you would like your first $MONTAJ tokens post your SLP address below as well. Thanks.

    ​

    Token Page https://simpleledger.info/#token/d3f3f79f93b02ddf332ca315f2885a23aecbe9f36c091bf58c8086a52104e461

    submitted by /u/jeffreyrufino
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    Poll: Should there be BCH Marketing Bounties? (like Bug Bounties)

    Posted: 13 Sep 2019 08:29 AM PDT

    On non-mining nodes: Are devs seriously worried about a 100% hashrate attack?

    Posted: 13 Sep 2019 09:57 AM PDT

    I am confused by the position of some devs. It seemed like we were in agreement post-BTC fork, that Core greatly overestimated the value of non-mining nodes. They were hostile to miners and used poor thought experiments - based on a poor understanding of economics - to justify keeping the blocks at 1mb. But now, I'm starting to see the same arguments from BCH devs. It would be great to get some clarity on this issue.

    I'll give an example of the discussion I've had with some devs and why, I think, their argument fails.

    We'll start with a quote from u/Chris_Pacia:

    ​

    "For the millionth time. Miners must sell their coins into the market to profit from mining. The fact that market participants fully validate their work means that miners can't pass off invalid coins or coins created out of thin air.

    Economic full nodes are a vital check and balance in the bitcoin system. "

    ​

    So the ostensive concern is that miners might collude to create coins out of thin air, and non-mining nodes must keep them in check by validating their work. But this argument fails and is inconsistent.

    It's true that miners must sell their coins into the market to profit from mining. However, that's *the reason* why they are disincentivized to "pass off invalid coins". If the majority were to collude and create new coins, they would *destroy* the value of the coins. They might end up with more coins nominally, but those coins would be *on a hacked ledger* - i.e. they would retain a fraction of their previous value, or even become worthless.

    To this, u/tcrypt responded, "The value would only be destroyed if there are fully-validating non-mining nodes to detect and publicize the fraud."

    This also simply incorrect or entirely unrealistic. It assumes that *literally 100%* of miners would be in collusion.

    Anything less than 100%, and honest miners would indeed detect and publicize the fraud. Imagine, say, only 30% of the hashrate is honest. They see a block mined that creates a bunch of invalid coins. Because they are the minority, they get forked off the main chain. It's *completely unrealistic* to think that they wouldn't detect and publicize this.

    And furthermore, *even if* we had 100% collusion, which is completely unrealistic, their argument also assumes *literally zero* non-mining nodes on the network, which is also kind of ridiculous. Every exchange is going to run a node. They make enormous revenues and will have no problem whatsoever to pay for full nodes if the software becomes expensive to run.

    All it takes to demonstrate that miners can't get away with arbitrary inflation is less-than-100% collusion among them, and more-than-0 non-mining nodes.

    I don't understand where people disagree. So far, all I've seen is responses that imply "Well, that sounds like BSV, so it must be wrong!" which is neither compelling nor reassuring.

    submitted by /u/Steve-Patterson
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    Ethereans are starting to sound exactly like BTC maximalists justifying high fees.

    Posted: 13 Sep 2019 08:27 AM PDT

    Balaji Srinivasan CEO and co-founder of Earn.com, CTO at Coinbase - Discusses Bitcoin and Coinbase

    Posted: 13 Sep 2019 11:17 PM PDT

    Cubans Are Able to Take Part in the Global Economy - Through Using Crypto

    Posted: 13 Sep 2019 04:10 PM PDT
    Read more
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