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    Home Unlabelled BTC [AMA] We are a group of BCH miners here to answer your questions, ask us anything!

    BTC [AMA] We are a group of BCH miners here to answer your questions, ask us anything!

    February 07, 2020

    BTC [AMA] We are a group of BCH miners here to answer your questions, ask us anything!

    [AMA] We are a group of BCH miners here to answer your questions, ask us anything!

    Posted: 06 Feb 2020 05:50 PM PST

    We are unhappy about the current state of misunderstandings caused by opinionated high profile personalities seeking to win popularity contests. So we've gathered the most pro BCH altruistic miners to come here and share their under represented views. Please note, though we all love BCH, we don't always share the same view, so our opinions will vary.

    We will begin answering questions at 11pm EST. We will begin answering questions when this post is 1 hours old). We'll try to be answering questions for at least 2 hours but will continue to monitor this thread and can still reply to questions for the next day.

    Miners participating:

    submitted by /u/1kbken
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    I am not interested in Lightning Network (LN) because I cannot keep track of the number of ways one can lose their funds. Bitcoin had it right: if have the private keys, you have the coins. That's as simple as it gets.

    Posted: 06 Feb 2020 04:01 PM PST

    It doesn't hurt to ask. Purse just switched my referral bonus to BCH. Now I can keep shopping on Amazon with up to 33% discount using BCH.

    Posted: 06 Feb 2020 12:10 PM PST

    It doesn't hurt to ask. Purse just switched my referral bonus to BCH. Now I can keep shopping on Amazon with up to 33% discount using BCH.

    I wrote to https://purse.io/?_r=rPgoI7 (yes, this is my referral link for new users to earn $5 in crypto) about my recent referral bonus. Although my account is set to BCH and all Amazon (US, UK, Japan, Canada) purchases I do are in BCH, the referral bonus was credited in BTC. Since $5 is a too small of an amount for an order including shipping, I wanted to transfer it out to convert it to BCH myself. But the BTC network fees calculated by Purse would have eaten up over $3 of the BTC balance, rendering it quite useless. I guess I will have to eat up the BTC fees just like any other sane crypto user stuck with BTC...

    ​

    I asked Purse to at least give users the referral bonus choice in BCH. They are happy to be testing the feature on my account and will credit all new referrals in BCH to my account.

    ​

    Ask them the same and let's show them that BCH is where the commerce is!

    ​

    ​

    https://preview.redd.it/d12b17p62df41.png?width=319&format=png&auto=webp&s=1e21a2c8e2602f42beb38a2f356d58c135257464

    submitted by /u/bit-architect
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    Lugano Switzerland is about to become the next Bitcoin Cash City thanks to GoCrypto!

    Posted: 06 Feb 2020 05:01 PM PST

    What your wallet value would be if you bought AU$4 worth of Bitcoin every day instead of a coffee... starting from 2013 when CoinSpot launched ��

    Posted: 06 Feb 2020 11:33 PM PST

    Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption

    Posted: 07 Feb 2020 01:16 AM PST

    "It’s been 10 years already. Layer 2 bitcoin [core] protocol stuck at $8m, DeFi on ethereum is reaching $1b. Go figure out why.

    Posted: 06 Feb 2020 10:30 AM PST

    "Satoshi’s main goal was to create a practical decentralised electronic payment system. Everything else followed."

    Posted: 06 Feb 2020 03:29 PM PST

    Japanese Used Car exporters accepting BCH?

    Posted: 07 Feb 2020 12:47 AM PST

    Anyone know of any reliable Japanese Used Car Exporters accepting Bitcoin Cash? (other than www.beforward.jp)

    submitted by /u/cryptoglia
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    Spreading Bitcoin Cash Adoption in Venezuela w/ Oscar Salas LIVE! TONIGHT! 9pm EST!

    Posted: 06 Feb 2020 06:01 PM PST

    BCH (Bitcoin Cash) Wallet on Tails OS?

    Posted: 06 Feb 2020 07:27 PM PST

    Looking for a guide to setting up a BCH wallet on Tails OS?

    Bonus points: Monero?

    Thanks in advance!

    submitted by /u/YourPercy
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    blockchain.com down?

    Posted: 07 Feb 2020 12:09 AM PST

    When I try to log in on phone I get an error. Same with browser. Anyone else?

    submitted by /u/AssWagonStarShip
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    Bitcoin Cash has about doubled against Bitcoin Core since the start of this year!

    Posted: 06 Feb 2020 05:34 AM PST

    Do we have a Bitcoin Cash BCH wiki, like this long-standing Bitcoin BTC Wiki?

    Posted: 06 Feb 2020 04:27 PM PST

    Crowd Source Request: Dan Held attacking Bitcoin.com / Bitcoin Cash

    Posted: 06 Feb 2020 10:54 AM PST

    I'm looking for examples either in writing or audio / video.

    There should be plenty of material.

    submitted by /u/MemoryDealers
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    Famous swiss town allows BTC for tax payments - Adoption growing

    Posted: 06 Feb 2020 01:00 PM PST

    Why cryptocurrencies?: Tokens

    Posted: 06 Feb 2020 10:42 PM PST

    Blockchair just released a halving countdown dashboard!

    Posted: 06 Feb 2020 04:42 AM PST

    Roger Ver Scam on YouTube

    Posted: 06 Feb 2020 07:15 AM PST

    There is currently a YouTube channel entitled "Bitcoin RV Channel" running a continuous loop of Roger Ver talking about bitcoin cash, but the video links to a website that talks about bch hardforking to something called bitcoin rv. Then the website directs you to the channels other YouTube video and explains you must update your bitcoin wallet node version to the latest version using your seed phrase. I wonder how many people are falling for this. I googled it but seems to be a new scam.

    Edit: Sorry if the title is misleading. I was not trying to imply Roger Ver is the one pulling off the scam, I just meant someone is using his name and pretending to be him while claiming to launch a new hard fork of BCH. As of now the video using Roger is no longer up but the other video telling one how to "update your btc node" to steal your seed is still up.

    Edit 2 : Nvm I guess the video is still up with Roger, it wasn't loading on my phone so I thought it got taken down.

    submitted by /u/SandNoods
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    Do NOT use BSV software, we are not aware what the legit BSV software is and what the fake BSV software is and although our mods will easily recognise false Electron Cash software and url's but we are not responsible for BSV stuff.

    Posted: 06 Feb 2020 07:14 AM PST

    Coins 4 Clothes (BCH charity) announces partnership with Canadian Crypto Exchange VirgoCX

    Posted: 06 Feb 2020 12:04 PM PST

    How can you know you are ready for blockchain?

    Posted: 07 Feb 2020 02:15 AM PST

    Always remember why Bitcoin BTC transactions are unreliable, but Bitcoin Cash BCH transactions are reliable.

    Posted: 06 Feb 2020 08:55 AM PST

    Many people think that BTC transactions are ONLY unreliable because of RBF (replace by fee), where transactions are no longer irreversible.

    But RBF is just one of many reasons why BTC transactions are not reliable.

    Part 1. In regards to RBF:

    Irreversibility was one of the key traits that Satoshi worked hard to implement in bitcoin, and that trait has been destroyed in Bitcoin BTC for many years now.

    With RBF (replace-by-fee), you can easily send a transaction to someone, and then trick that person moments after they think the transaction is complete — by simply redirecting your transaction to a completely different receiving address. It's simple and easy.

    Why is RBF in BTC? It's the same reason why BTC is crippled today:

    Peter Todd had his family threatened by a government intelligence agent in 2013 to implement RBF, create ludicrous propaganda videos against the scaling of Bitcoin, and to cripple the BTC code along with Greg & Luke.

    (This is actually the same reason why former rational actors like Andreas Antonopolous started acting irrationally and started supporting small block BTC as well — Andreas was also threatened by government intelligence agents, and was so terrified for his life that he paid full-time personal security guards to accompany him everywhere in public. If you went to any of Andreas' talks between 2013 and 2015, his security guard was always accompanying him, and Andreas was very clear about why.)

    Note that Blockstream didn't arrive on the scene until shortly after the Peter Todd incidents, when they tried to profit off the crippled BTC and ensure that BTC remained crippled for life. Of course, Blockstream is indirectly tied to the government as well.

    So we all know that zero-confirmation transactions can't be trusted with BTC because of RBF, so you actually are forced to wait for a confirmation with BTC.

    But how long will that wait take? And will that confirmation ever come at all?

    The answers to these questions are why RBF isn't the only reason that BTC transactions are unreliable.

    Part 2. The real truth of the matter is that BTC transactions are NEVER RELIABLE (until confirmation) — EVEN WITHOUT RBF:

    And it's all because of the small block size.

    With full blocks and a wildly-unpredictable, completely artificial "fee market" that the BTC Core Devs created, you have no idea if your transaction will get accepted into the next block or not. It could be hours, days, or weeks before your BTC transaction finally gets accepted into a block.

    As BTC blocks remain full, people behind you in line will keep paying higher & higher transaction fees to jump ahead of you in line. Even if you try to change your transaction (via RBF) to include a higher fee, you have no idea if that fee is high enough to get you into the next block.

    And if the mempool gets too overloaded, the transaction could be dropped altogether. Then, the transaction never goes through at all. So it could be a week or two later, and your transaction gets dropped altogether.

    Therefore, there are NO BTC TRANSACTIONS that can be relied upon until actual confirmation takes place. This makes BTC unreliable, slow, expensive, insecure, extremely complicated to use — and just about the worst user experience on the entire planet.

    Meanwhile, because Bitcoin Cash BCH carries on the original vision of Bitcoin as originally intended, zero confirmation is always reliable, transactions always get included in the next block, fees are always low & predictable (less than 1¢), and transactions happen instantly.

    Summary: BCH is fast, reliable, safe, secure, cheap, and easy to use.

    Just like Satoshi intended.

    submitted by /u/scotty321
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    Crypto/Banking App is giving a €30 gift just for a sign up!

    Posted: 07 Feb 2020 02:04 AM PST

    Coronavirus Shuts Down a Chinese Bitcoin Mine (run by Jiang Zhuoer; BTC.top)

    Posted: 06 Feb 2020 09:54 PM PST

    On Hodling

    Posted: 06 Feb 2020 07:19 AM PST
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