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    Tuesday, April 7, 2020

    BTC $10,000 could help a lot of people right now - Imagine having someone you dont like offer to pay you to write a blog post and you say no lol.

    BTC $10,000 could help a lot of people right now - Imagine having someone you dont like offer to pay you to write a blog post and you say no lol.


    $10,000 could help a lot of people right now - Imagine having someone you dont like offer to pay you to write a blog post and you say no lol.

    Posted: 06 Apr 2020 05:57 PM PDT

    Participate in the Bitcoin.com Wallet user survey

    Posted: 07 Apr 2020 01:15 AM PDT

    BSV is just ripple 2.0

    Posted: 06 Apr 2020 08:42 PM PDT

    I looked through YouTube videos for people like Calvin Ayre and Craig Wright supporting BSV, and from the arguments I've heard, it sounds a lot like ripple. Not only do they want Bitcoin to be centralized, they also want it to be regulation friendly. Sound familiar? This was the exact premise behind creating ripple. Creating a form of electronic cash which can be tracked, taxed, and allows government regulation defeats the entire purpose of peer to peer electronic cash. The cognitive dissonance can be seen in how BSV shills support regulation for BSV and then have the audacity to call it the vision of Satoshi (in their eyes, Craig Wright), when that completely defeats the vision that Satoshi had from the very beginning.

    submitted by /u/1MightBeAPenguin
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    Bitcoin Cash Node gaining traction! : )

    Posted: 06 Apr 2020 12:05 PM PDT

    Roger Ver: "Bitcoin Cash transactions will soon have privacy so strong that there will be more potential combinations than there are atoms in the universe! 1. Fast 2. Cheap 3. Reliable 4. Private (coming very soon!)"

    Posted: 06 Apr 2020 07:25 AM PDT

    I want to advertise BCH to the Philippines subreddit, anyone got tips?

    Posted: 06 Apr 2020 09:06 PM PDT

    Just asking. Any Filipino also using BCH can help. I mean... we need a way to pay.

    EDIT: Here's the post! https://np.reddit.com/r/Philippines/comments/fwfae2/guys_remember_bitcoin_i_have_a_better_alternative/

    submitted by /u/RowanSkie
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    Bitcoin Cash Node (BCHN) releases April 2020 fundraiser details (PDF link)

    Posted: 06 Apr 2020 09:48 AM PDT

    How to become a CashFusion Tester!

    Posted: 06 Apr 2020 12:33 PM PDT

    The Best Adoption tactic is Showing How to use BCH: Reliable, Secure and Fast...Really Fast!

    Posted: 06 Apr 2020 04:08 PM PDT

    If everyone on BTC wanted to move their coins, it would take 165 days.

    Posted: 06 Apr 2020 10:49 AM PDT

    UTXO set size is 66M. Peak tx/day is 400k.

    https://www.blockchain.com/charts/utxo-count

    https://www.blockchain.com/charts/n-transactions

    66M/400k = 165

    Aside: Note that more fees would not help because it's not a fee "market" because more demand does not create more supply.

    submitted by /u/braclayrab
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    I was just banned from r/bitcoin for posting about buying something with Bitcoin (BTC)

    Posted: 06 Apr 2020 05:20 AM PDT

    My first suspension was asking how fees worked, and this time it was for a post where I shared how I bought rubber gloves and a mask with bitcoin.

    They marked it as "spam" and "altcoin" promotion.

    So I guess all my future crypto posts and stories will be posted here!

    submitted by /u/checkraise86
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    Happy Halvening Week! Adoption is the only thing that effectively reduce price volatility. #BitcoinCashRyver "Amaretto Accesorios" BCH Merchant seed in Puerto Ordaz-Venezuela.

    Posted: 06 Apr 2020 06:07 AM PDT

    We are sending a clear message of integrity and justice, louder than the slander our oppressors can push into the news.

    Posted: 06 Apr 2020 07:29 AM PDT

    We are almost there.

    In less than thirty days I will be drafting an unprecedented announcement that your resilience made possible: the announcement that Silk Road has repaid all victims of our February hack.

    As of today, May 27th 2014, 82.09% of all victims of the Feburary hack have been fully repaid.

    In June the world will be reminded that when faced with adversity, Silk Road's community doesn't run. We unite.

    Our enemies may seize our servers, impound our coins, and arrest our friends, but they cannot stop you: our people.

    You write history with every coin transacted here.

    It is unprecedented for any entity, darknet or clearnet, to completely repay the victims of a Bitcoin hack.

    We are sending a clear message of integrity and justice, louder than the slander our oppressors can push into the news. History will prove that we are not criminals, we are revolutionaries.

    We are slaving to transform a notoriously-violent industry into a safe online marketplace, removing the risk of face-to-face transactions.

    We do not steal the People's money like Goldman Sachs, Citigroup, and Morgan Stanley. We bail each other out with our own sweat. We are not puppets of fear or greed. We do not run like the cowards at MtGox, TorMarket, or Sheep. Silk Road is not here to scam, we are here to end economic oppression. Silk Road is not here to promote violence, we are here to end the unjust War on Drugs. Silk Road is not here to submit to authority, we are here to defend a foundational human right: freedom of choice. Silk Road is not a marketplace, Silk Road is a global revolt.

    When the news hits that everyone has been repaid, do your part to help tear down the world's misimpressions about what our movement stands for.

    Four months of everyone's hard work has almost generated one spark. Throw it into the petrol. Be prepared with your throwaway accounts. Tweet. Upvote. Blog. Email editors.

    It is an honor to serve you. Defcon

    From the front page of the Silk Road six years ago....

    submitted by /u/MemoryDealers
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    Adam Back Deceptively Promoting Blockstream Liquid as BTC Protocol - > Liquid is a Custodial Solution!

    Posted: 06 Apr 2020 08:18 AM PDT

    In 48 hours the BCH block reward will be cut in half.

    Posted: 06 Apr 2020 05:47 AM PDT

    The yearly inflation rate will be cut in half, from 3.7% over the past year, to 1.8% over the next year.

    submitted by /u/324JL
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    I can feel it in my blood. I was there when the Berlin Wall was knock down and i feel the same vibes of liberty growing in my veins. Onboard your friends and famillies. We are born to be free.

    Posted: 06 Apr 2020 10:13 AM PDT

    Bitcoin Fees Update: Bitcoin Cash $0.00 �� / BTC coin $1.06 ��

    Posted: 06 Apr 2020 07:21 AM PDT

    BTC Coin is Literally A Custodial Solution Now: BTC Coins Locked in LN: 929 vs Blockstream Liquid: 1004

    Posted: 06 Apr 2020 08:51 AM PDT

    Someone asked me to write an objective comparison of BCH vs LN. Did I get anything wrong?

    Posted: 06 Apr 2020 07:54 AM PDT

    BCH: Anyone can permissionlessly start using BCH to start sending or receiving payments world wide in about 30 seconds. (The time it takes to download an app) It is accepted by more than 100,000 websites around the world, and has millions of users.

    LN: Lightning Network would take about a full day to setup and get working permissionlessly, and would take several hundred dollars of additional computer hardware. Once it is setup, you can spend it at about 300 websites world wide, and it has maybe a few tens of thousands of users.

    submitted by /u/MemoryDealers
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    Blockstream Liquid: “Anyone can use Liquid, not just exchanges.”

    Posted: 06 Apr 2020 02:21 PM PDT

    Help a programmer understand Blockchain?

    Posted: 06 Apr 2020 08:18 PM PDT

    Hey,

    I've been programming for a while. I hosted my first web server with PHP/MySQL back when I was like 13, mostly for fun, and learning how ports/game servers and other things worked at the time.

    Needless to say I've been pretty fast/efficient at actual jobs because of that.

    But I've never bought into crypto technology or blockchain. I need help understanding that this is not just some hyped up terminology.

    If you are a programmer since the beginning you might follow me here, otherwise I can try to explain it differently: Blockchain is basically like an online C style linked-list, each node is encrypted, and every transaction can be stored all in a file for example. Otherwise, an explaination is here: https://www.investopedia.com/terms/b/blockchain.asp

    So other people all sync up on this file/blockchain (usually it's not just loaded right into RAM, especially if it grows to be huge). But, it's the same as if they are downloading an encrypted copy of a table full of transaction data on a traditional data server (or other data for whichever blockchain), then have access to certain parts of it while data is stored on their computer.

    So, I know for a fact it can be done in MySQL/SQLLite/SQL or any variant of SQL, off a traditional server that you can pay extra for speed/reliability for. You can still store the data and encrypt each transaction, then give each person like a key for each of their blocks, and just set it up so that it's super secure, with hash keys matching up to data, (even though that might not be so necessary).

    In continuation, it would be centralized on a server, but when decentralized, it wastes file size on every computer it's copied to + serves absolutely no purpose. Server overhead would be minimal because people still have to store their 'hash' or 'keys' anyway. It's seems to only be some hype. I see all these websites like: blockchain, hosting blockchain 'networks' now (??), and blockchain as a technology, but as far as I know it's just some hyped data storage schematic gone mad. All the businesses are hyped to 'get it' but few know exactly what it does.

    For an actual cryptocurrency, the ones using blockchains, the only value ever given to it is by people who think it has value, then you sell/exchange key to unlock part of the chain that has certain number of data, or bitcoins. But it's all hype: at some point you need a sucker to give real $ backed by a government to finance the whole operation; to give that useless encrypted bitcoin data 'value' that can be translated into money, backed by a real country that has a military, economy, gold, etc..

    With all that in mind, I'm trying to wrap my head around something I've seen popping up (yes I'm not an old person, but it certainly feels that way to me). Without the hype and people believing in this tech, I see no real revolutionary value.

    Can't you just achieve the same result in cheaper, more efficient ways than blockchain? (certainly yes, from how I understand it!) Downloading the entire blockchain and having 'clients' that download/sync it across other users is not a requirement of this, it's just like an inefficient way to transfer data and keep it encrypted. Makes sense?

    Example: So why would I work for then a company that wants to do something like this (https://www.hyperledger.org/projects/fabric) ? i.e. they would want a blockchain network to log all transactions from their app (which they have already), but yet no idea why they can't do it in another way? why would it have to be a blockchain other than someone being tricked or hyped to use it? Also what is the sudden need to have this whole subset of 'blockchain networking' as if it's like some academic tool that cannot ever be fully understood (lmao)?

    Blockchain = hype to me. Every definition I've seen for why it works tends to more marketing gimmicks rather than a concise idea of 'what it is' 'what it does' and 'why it's better' from like a backend memory & file perspective. Now I've seen some definitions pop up very recently that conclude similar to what I've concluded, it's just blocks of data locked by a key, all synced together. So why's that good? Why can't it be done from a cheap 12$/year hosting to accomplish the data being stored in 1 place? If really needed, paying for upgrades/high performance servers that are is also a rather cheap/competitive option; that way the same blockchain is stored in 'one' spot, not possibly millions. Also, why should I download some data heap for cryptocurrency onto my computer and use a client to update it/synchronize it, so that it wastes space on every computer it's downloaded onto, and is like 99% unusable data? lmao.. so download a copy of 'all' encrypted data onto each computer, makes sense, seems efficient right? no it's not.

    Looking forward to an answer that makes sense from a programmer or experienced viewpoint.

    submitted by /u/esLeg
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    Bitcoin [Cash] transaction fees are actually about $0.002! That is NOT zero $. However, it is still awesome! Bitcoin Core fees are MUCH higher than this, and so high that Bitcoin Core CANNOT realistically function as CASH (as the BITCOIN whitepaper title describes).

    Posted: 06 Apr 2020 12:18 PM PDT

    Bitcoin [Cash] transaction fees are actually about $0.002! That is NOT zero $. However, it is still awesome! Bitcoin Core fees are MUCH higher than this, and so high that Bitcoin Core CANNOT realistically function as CASH (as the BITCOIN whitepaper title describes).

    submitted by /u/MichaelTen
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    42,000 BTC Sold for $0.18 on Coinbase Pro | TheCryptoAssociate

    Posted: 06 Apr 2020 02:53 PM PDT

    Roger Ver vs. Peter McCormack: Name calling is not an argument

    Posted: 06 Apr 2020 11:03 AM PDT

    BCH halving is approaching, are you ready?

    Posted: 07 Apr 2020 01:57 AM PDT

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