• Breaking News

    Tuesday, March 31, 2020

    BTC Paul Graham:"The web is 25 years old, and signing up for and paying for things is still broken. Why do you have to create an account and make up a password? Why do you have to type in a number off a card in your pocket? There is a big opportunity here that will seem obvious in retrospect."

    BTC Paul Graham:"The web is 25 years old, and signing up for and paying for things is still broken. Why do you have to create an account and make up a password? Why do you have to type in a number off a card in your pocket? There is a big opportunity here that will seem obvious in retrospect."


    Paul Graham:"The web is 25 years old, and signing up for and paying for things is still broken. Why do you have to create an account and make up a password? Why do you have to type in a number off a card in your pocket? There is a big opportunity here that will seem obvious in retrospect."

    Posted: 30 Mar 2020 01:59 PM PDT

    Blockchain Poker Reaches Record Traffic During Coronavirus Pandemic, Powered by Bitcoin Cash

    Posted: 30 Mar 2020 05:44 PM PDT

    Crypto.com has finally enabled deposit and withdrawal of BCH on their exchange - So you can then deposit BCH, sell it and use one of their cards

    Posted: 30 Mar 2020 11:17 PM PDT

    A tech noob’s questions answered observations. (Just bought one BTC and dumped it because there are things I don’t get)

    Posted: 30 Mar 2020 07:26 PM PDT

    Hey all!

    I bought a BTC (CORE) and almost immediately got rid of it (at the smallest of profits). I dumped it because I had the following issues with the Bitcoin community, and I'm hoping my questions will be resolved. I'm aware this is the subreddit for BCH, which is case-and-point for some of the issues I have. I'd love feedback or explanations.

    My issues with the BTC community:

    1. HODL culture.

    I'm no great technician, but as a layman my understanding of Bitcoin's value is that it lies in its utility. I.e. if Bitcoin has a utilitarian function its value may increase versus fiat, but regardless, that isn't the point of Bitcoin. It isn't to make an individual wealthy ala currency trading (although it's amazing if it does), it's to create a fully functional currency. Advocating for HODLing, being derisive towards subreddit members who have "weak hands", these are signs of people who have missed the forest for the trees, intellectual supremacists who set aside the idea the notion of assigning any sort of functionality to their knowledge and instead worship it for its own sake. To me this seems a path to nowhere.

    1. The air of superiority intertwined with paranoia as a whole and refusal to help those who are newcomers while accusing them of being "altcoin shills".

    If the purpose of this technology is to unite the common man against the system, doesn't it follow that the users of this technology should seek to make themselves and their tech more accessible to the layman? Instead, it seems to me that the Bitcoiners exhibit a strange blend of paranoia and narcissism. They assume everyone who asks a question is both, beneath them and a well-versed opponent assuming subterfuge. Therefore they don't engage in conversation which might otherwise be enlightening for the sake of not giving the trolls food. I don't get this. Should the merits of their arguments not be strong enough that they welcome intellectual curiosity, even if it's at the hands of one who supports a different subset of the same technology they so enthusiastically propagate?

    1. The apparent lack of interest in intellectual honesty where the improvement of the technology itself is concerned.

    Again, I might be wrong here, but it seems that the community as a whole obeys top-down directives when it comes to updating the chain. Now I'm no techie and I don't understand lightning network (which may very well be better than increased block sizes) but doesn't this negate the 'decentralization mandate'?(I use the term mandate tongue-in-cheek). If we are deferring to higher ups, why not just rely on Banks and Governments and be done with it?

    Problems I have with BCH AS WELL AS BTC

    1. Practicality

    It seems to me that the simplest, most practical cryptocrypto will be the first one to gain mass approval and appeal. It also seems to me that no single coin has made any sort of great strides towards that practicality. Sure, if you're a tech enthusiast some of the larger cryptos have become much easier to use, but not if you're a layman. How does the community view this way of thinking?

    1. Crypto-education

    Even if one cryptocurrency is much easier to use, I don't know about it. This is largely because there is a lack of education among the populace, almost as much as there is disinformation about the how and why of cryptos existence. How does a crypto community view trying to go about solving this problem, especially being as decentralized as it is?

    There's more that I'm curious about, but this is plenty off the top of my head. I'd love to hear your thoughts on this.

    submitted by /u/the_wreckes
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    Cryptocurrency is an INTERMEDIATE store of value, but ONLY when it is used for payment

    Posted: 30 Mar 2020 10:40 PM PDT

    The value of any cryptocurrency is a product of its utility, its network effect, minus its cost of carry. Taken to the logical conclusions:

    1. If you CAN'T use a coin, nobody wants it -> ZERO value
    2. If nobody uses a coin, nobody wants it -> ZERO value.
    3. If the cost of carry for a coin is too high, nobody wants it -> ZERO value.

    Since cryptocurrency is not widely used and accepted (yet), when physical or virtual items are paid for with a cryptocurrency, the crypto acts as an intermediate store of value. The buyer puts in fiat to acquire the crypto, and the seller exits to fiat at some point after the transaction.

    Simply holding or hoarding cryptocurrency adds no value and only stokes volatility/misery. Yes, you can reduce supply and play games with prices, but no additional value is created.

    Discuss.

    EDIT: big thanks for the tips!

    submitted by /u/wtfCraigwtf
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    Blockstream Deception with Copyrights

    Posted: 30 Mar 2020 02:27 PM PDT

    AMA With the AVA (Avalanche Consensus) Team

    Posted: 30 Mar 2020 09:50 AM PDT

    We are hosting the first AMA for the team behind AVA (Avalanche Consensus) at r/AVA! We will be holding AMAs here every other week!

    For this first AMA, we'll keep it broad - ask the team about anything AVA-related. We would love to hear ideas and thoughts on collaboration between the Bitcoin Cash community and AVA.

    Please submit your questions in this thread until Wednesday 1 April 9:00 PM (UTC). The team will begin answering questions on Thursday 2 April at 4:00 PM (UTC).

    Keep an eye out for these guys in the thread!

    We look forward to answering your questions!

    https://www.reddit.com/r/ava/comments/frt6ex/ava_biweekly_ama_1/

    submitted by /u/LambStu
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    Bitcoin Cash is making a real difference to improve people's lives!

    Posted: 30 Mar 2020 12:11 PM PDT

    Binance is set to acquire CoinMarketCap, the deal could be worth as much as $400 million

    Posted: 31 Mar 2020 02:06 AM PDT

    Binance to acquire CoinMarketCap in $400 million deal

    Posted: 31 Mar 2020 02:02 AM PDT

    Egypt Central Bank Imposes Cash Controls After 30 Billion Pounds Withdrawn in Past Three Weeks

    Posted: 30 Mar 2020 02:44 PM PDT

    Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears

    Posted: 30 Mar 2020 11:50 AM PDT

    Bitcoin Cash Payment Button Meeting this Weekend!

    Posted: 30 Mar 2020 03:36 PM PDT

    Just released: bitcoin-ts v1.14 – crack non-hardened BIP32 HD Keys in JavaScript

    Posted: 30 Mar 2020 12:04 PM PDT

    Gifts.Bitcoin.com is an amazing way to tip people in BCH who have never used crypto before. Even via email!

    Posted: 30 Mar 2020 01:18 PM PDT

    Fake Bitcoin QR Code Generators Stole $45,000 in March

    Posted: 30 Mar 2020 12:37 PM PDT

    Problem buying BCH with card!

    Posted: 31 Mar 2020 02:23 AM PDT

    I tried to buy BCH today thru the bitcoin.com and atomic wallet.

    Once it was processing my card, a message appeared saying " We do not support buying BCH with USD at the moment. Please try a different cryptocurrencie".

    After that i tried buyng with EUR and i received the same message only it was EUR instead of USD.

    What is the problem?

    submitted by /u/Ivaylo12
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    This message appeared today on bitcoin.com and atomic wallet, when trying to purchase BCH. I also tried purchasing in USD and i got the same message. Anybody know what is the problem?

    Posted: 31 Mar 2020 02:17 AM PDT

    This message appeared today on bitcoin.com and atomic wallet, when trying to purchase BCH. I also tried purchasing in USD and i got the same message. Anybody know what is the problem?

    Posted: 31 Mar 2020 02:16 AM PDT

    What do you think will happen to BCH price after the halvening? (Its very soon!)

    Posted: 31 Mar 2020 02:14 AM PDT

    Opinions...

    submitted by /u/merchantjem
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    North Queensland businesses use Bitcoin Cash contactless payments to minimize COVID-19 spread

    Posted: 30 Mar 2020 03:50 AM PDT

    Any alternatives to transferwise ?

    Posted: 30 Mar 2020 10:11 PM PDT

    They don´t tell you the reason but I only used local bank transfers for trades with local.bitcoin.com

    https://transferwise.com/help/24/technical-issues/2961844/why-was-my-account-deactivated

    submitted by /u/bitserver
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    Blockchain.com just made it easy to track when it is time for economic illiterates to pop the champaign.

    Posted: 30 Mar 2020 08:23 AM PDT

    The Monedero wallet is working on driving adoption in the Spanish speaking world.

    Posted: 31 Mar 2020 01:51 AM PDT

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