BTC Without cryptocurrency, a cashless society is an Orwellian surveillance society. A sobering reminder of what's actually at stake. Cryptocurrency is our way to opt-out, not "get rich". |
- Without cryptocurrency, a cashless society is an Orwellian surveillance society. A sobering reminder of what's actually at stake. Cryptocurrency is our way to opt-out, not "get rich".
- China bans Bitcoin again, and again, and again
- Bitcoin Cash as International Reserve Currency
- PSA: **Potential** scam going around on Telegram. I had a random dude DM me asking me if I had any issues/complaints with Electron Cash. I said no. He then said "Thank you. We are here to serve you better." but I have NEVER seen him ANYWHERE in BCH channels, and he's not in the EC Telegram.
- Thank You InstaBitcoin For Spreading P2P Cash In Venezuela!
- I just bought an electric bicycle and paid with SLP tokens.
- Meanwhile in Australia
- Officially spooked off of local.bitcoin.com
- China is on track to over take the rest of the world on local.bitcoin.com
- Just released – two features to make working with Bitauth IDE easier (see GIF)
- CZ Binance: "Say you start a crypto focused news site, one would assume you bet on/want the industry to grow. But if you just spread fake news that hurts the industry, you hurt yourself too, no? I understand why traditional news do that, but I can’t understand some of the crypto (fake) news."
- This Guy Is Now Celebrating After Putting Half Of His Lottery Winnings Into Bitcoin
- Shift Cryptosecurity Reveals New Tamper-Evident Packaging
- Upcoming Life Events
- Everyone (particularly BTC fans) should read and reread this until they understand what problem Bitcoin was created to solve, and how it solved the problem. Even if you don't understand the technical details, every token owner should understand the basic value proposition of the token they hold.
- You can still buy and sell Bitcoin (BCH) in China using Local.Bitcoin.com
- "Academic studies are beginning to corroborate what the experts warned about the Lightning Network," participation is not rational and fees will have to skyrocket for LN to be viable.
- The Best Strategies That Can Help You Win in Crypto Dice
- What happened between March and June this year to cause the number of on-chain transactions on BCH to increase so significantly?
- I am hearing a lot of talking about 0-conf being unsafe for business lately. Well if that is so, surely cases of real-life BCH merchants being scammed using double-spending 0-conf have to exist, right? Could somebody provide such examples?
- Simple Solutions Are Usually Best
- Ackshually: Mimblewimble Devs Respond to Dragonfly Research Attack Claims of Being "Fundamentally Flawed"
- Roger Ver Announces $200M BCH Ecosystem Fund at the London BCH Meetup
- GoCrypto/Elly: "Every lunch you pay. Every sneaker you buy. Every party you make. Your purchase pays back. Earn up to 2% cashback when you pay with your Elly crypto wallet."
- The Idea Behind Bitcoin Cash
| Posted: 22 Nov 2019 10:43 PM PST | ||
| China bans Bitcoin again, and again, and again Posted: 22 Nov 2019 05:10 AM PST
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| Bitcoin Cash as International Reserve Currency Posted: 23 Nov 2019 12:10 AM PST | ||
| Posted: 22 Nov 2019 05:06 PM PST His display name was Kevlin, and his profile picture is of a dude in a suit. EDIT: He just changed his display name to "Ray" and removed his profile picture. Definitely a scammer. The only people I know that would contact me regarding Electron Cash stuff asking for feedback would be Calin, Jonald, Cramer, etc. This dude is not in ANY Telegram groups that I'm in, not even the Electron Cash Telegram. Yet he appears to be representing Electron Cash. Be very cautious when someone DMs you about various wallets and if you have any issues with them. It's likely that if you have complaints, they'll then ask you for your recovery seed so they can "help you". This also applies to Crescent Cash, though I've not had any reports of people doing this with Crescent Cash. Know that if anyone asks you if you have feedback regarding Crescent, it will be me, and that I will never ask you for your recovery seed. Be cautious, and don't share your recovery seeds! [link] [comments]  | ||
| Thank You InstaBitcoin For Spreading P2P Cash In Venezuela! Posted: 23 Nov 2019 01:39 AM PST Personally, I feel it is important to give credits to people who are helping promote the usage of Bitcoin Cash in their country. I haven't heard of InstaBitcoin until recently and I thought what they are doing is amazing. They are basically making it very easy for people to start accepting/using Bitcoin Cash in Venezuela. There are lots of people who are new and doesn't know how to signup to an exchange and all those sort of stuff... These folks made everything easy for them, including for the merchants, to start adopting Bitcoin Cash in their lives. They even hold workshops and events to help educate people why Bitcoin Cash is beneficial for them and their businesses. And I thought all these efforts are truly awesome. I am not affiliated with them in any way and I just want to shine a spotlight on hidden heroes like them. I suspect many of us had not even heard of them prior to this post. You can read more about them at https://1bch.com/?action=showInstaBitcoinFrame [link] [comments]  | ||
| I just bought an electric bicycle and paid with SLP tokens. Posted: 22 Nov 2019 01:22 PM PST | ||
| Posted: 22 Nov 2019 09:15 AM PST
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| Officially spooked off of local.bitcoin.com Posted: 22 Nov 2019 01:53 PM PST tl;dr DO YOUR DUE DILLIGENCE WHEN TRADING, DON'T BLINDLY TRADE WITHOUT GETTING TO KNOW THE OPPOSITE SIDE OF THE TRADE! I live in Canada - and began selling BCH on local.bitcoin.com back in the summer. I put an 8% or so markup and wondered if anyone would do it. In no time I was getting tons of trade requests....as in 4 or 5 per day. This only went on for about 2 weeks because I started getting blocked e-mail money transfers. People would try to send me money and it wouldn't come - I figured the big bad banking system was trying to stop me from selling Bitcoin - those bastards somehow figured it out, the dreams of profit on NIM were shattered. Fast forward to now - it's STILL painful for me to receive e-mail money transfers. My renters pay me through e-mail money transfer and it gets stuck every month. This time I call up my bank, again, and I'm put through to the fraud department. The guy asks me a bunch of questions and finally after he's sufficiently happy that I am who I say I am he gets right to the point. Interac has a specific hold on me, not the bank, interac - and it's because there were multiple counts of fraud reported against me - and specifically what was referenced were a couple of sales I made through local.bitcoin.com. I'm now actively trying to clear my name, but either:
So either I received dishonest / stolen money - or someone was just a jackass for the fun of it. At least through this I found that the transaction is not actually reversible, I'm under investigation but they haven't reversed the email money transfer. Who needs this kind of shit? So learn my lesson - use the service for real local trades and not blindly with people you don't know or can hold to account. [link] [comments]  | ||
| China is on track to over take the rest of the world on local.bitcoin.com Posted: 22 Nov 2019 08:29 AM PST
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| Just released – two features to make working with Bitauth IDE easier (see GIF) Posted: 22 Nov 2019 02:20 PM PST
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| Posted: 22 Nov 2019 04:04 PM PST
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| This Guy Is Now Celebrating After Putting Half Of His Lottery Winnings Into Bitcoin Posted: 23 Nov 2019 12:11 AM PST
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| Shift Cryptosecurity Reveals New Tamper-Evident Packaging Posted: 22 Nov 2019 08:01 PM PST
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| Posted: 22 Nov 2019 01:28 PM PST
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| Posted: 22 Nov 2019 09:42 AM PST This was spurred by a recent conversation with a BTC maximalist who obviously hasn't read the white paper and wasn't even aware it contained a description of the "problem statement" that Bitcoin was intended to solve. I encourage someone who still has posting privileges in rbitcoin to post the following text there along with the emphasis so that it can reach more BTC holders. emphasis mine INTRODUCTIONCommerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model. Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes. The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for non- reversible services. With the possibility of reversal, the need for trust spreads. Merchants must be wary of their customers, hassling them for more information than they would otherwise need. A certain percentage of fraud is accepted as unavoidable. These costs and payment uncertainties can be avoided in person by using physical currency, but no mechanism exists to make payments over a communications channel without a trusted party. What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers. In this paper, we propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions. The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes. TRANSACTIONSWe define an electronic coin as a chain of digital signatures. Each owner transfers the coin to the next by digitally signing a hash of the previous transaction and the public key of the next owner and adding these to the end of the coin. A payee can verify the signatures to verify the chain of ownership. The problem of course is the payee can't verify that one of the owners did not double-spend the coin. A common solution is to introduce a trusted central authority, or mint, that checks every transaction for double spending. After each transaction, the coin must be returned to the mint to issue a new coin, and only coins issued directly from the mint are trusted not to be double-spent. The problem with this solution is that the fate of the entire money system depends on the company running the mint, with every transaction having to go through them, just like a bank. We need a way for the payee to know that the previous owners did not sign any earlier transactions. For our purposes, the earliest transaction is the one that counts, so we don't care about later attempts to double-spend. The only way to confirm the absence of a transaction is to be aware of all transactions. In the mint based model, the mint was aware of all transactions and decided which arrived first. To accomplish this without a trusted party, transactions must be publicly announced [1], and we need a system for participants to agree on a single history of the order in which they were received. The payee needs proof that at the time of each transaction, the majority of nodes agreed it was the first received. [link] [comments]  | ||
| You can still buy and sell Bitcoin (BCH) in China using Local.Bitcoin.com Posted: 22 Nov 2019 05:44 AM PST
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| Posted: 22 Nov 2019 07:59 AM PST
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| The Best Strategies That Can Help You Win in Crypto Dice Posted: 23 Nov 2019 02:06 AM PST
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| Posted: 23 Nov 2019 02:00 AM PST | ||
| Posted: 22 Nov 2019 12:13 PM PST I am asking because there are a lot of merchants accepting 0-conf Bitcoin Cash for over 2 years and I haven't heard of a single case of scam using double spend. I think even in the old BTC times, when blocks were mostly empty and there was no RBF, Coinbase and Bitpay were accepting 0-conf transactions and I also never heard of a case of successful double-spending of a merchant and walking out of a store with stolen coffee. If there were any, I don't remember them - please do remind me. EDIT: Also, Bitcoin Cash has been under constant attack from all sides since the inception. So don't even get started with the "nobody wants to attack it, because the profit is too little" argument. There is a great prize for successfully attacking Bitcoin Cash in any way possible: Destruction of its reputation. [link] [comments]  | ||
| Simple Solutions Are Usually Best Posted: 22 Nov 2019 05:06 AM PST | ||
| Posted: 22 Nov 2019 03:53 PM PST
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| Roger Ver Announces $200M BCH Ecosystem Fund at the London BCH Meetup Posted: 22 Nov 2019 07:49 AM PST
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| Posted: 22 Nov 2019 08:11 AM PST
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| Posted: 22 Nov 2019 06:22 AM PST
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