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    Home Unlabelled BTC DO NOT USE bitcoinpaperwallet[.]com - exploit found similar to walletgenerator[.]net. Disappointingly, bitcoin.com links to both.

    BTC DO NOT USE bitcoinpaperwallet[.]com - exploit found similar to walletgenerator[.]net. Disappointingly, bitcoin.com links to both.

    May 17, 2020

    BTC DO NOT USE bitcoinpaperwallet[.]com - exploit found similar to walletgenerator[.]net. Disappointingly, bitcoin.com links to both.

    DO NOT USE bitcoinpaperwallet[.]com - exploit found similar to walletgenerator[.]net. Disappointingly, bitcoin.com links to both.

    Posted: 16 May 2020 06:42 PM PDT

    The BCHinno is back!

    Posted: 16 May 2020 06:30 PM PDT

    "The entire continent of Australia had only 3 retail BTC transactions in the month of April. BTC is the sick man of crypto."

    Posted: 16 May 2020 06:23 PM PDT

    Lost in the Desert: Storm vs Avalanche, Theory vs Reality, Non-Starter vs Production Ready

    Posted: 17 May 2020 01:38 AM PDT

    The narrative that we need to "stop funding infrastructure and focus on adoption" is stupid.

    Posted: 16 May 2020 08:48 PM PDT

    Bitcoin Cash is a diverse ecosystem where community contributors can focus on many different sub-communities:

    • The people creating memes, sockpuppets, graphs and charts are one area of the community. Reddit and Twitter shitposters, basically.

    • The people developing infrastructure are another area. ABC, BCH Node, BU, BCHD, etc

    • The miners are their own area.

    • Devs creating useful trustless apps are another area. Open Bazaar, Crescent, CashFusion, Full stack.cash, Memo, etc

    • Services and businesses are another area. Bitcoin.com, Purse.io, AnyHedge, Cryptophyl, Bitpay, Read.cash, be.cash, etc

    • Real world groups and meetups are "on the streets" bringing the technology to the people through real life gatherings. Townsville AUS, BCH House Venezuela, etc

    We can (and we ARE) pursuing adoption strategies and pushing infrastructure features/enhancements.

    These sub-communities all exist simultaneously without subtracting from the others. In fact, they enhance each other because of the cross-pollination of ideas and funding.

    submitted by /u/World_Money
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    “ Has anyone else noticed that many Bitcoiners have removed the ⚡️ emoji from their Twitter name? No one talks about this.”

    Posted: 16 May 2020 06:50 AM PDT

    Honest question: How many of you anti-BCH people actually USE BTC on a regular basis? If you use it, pls give specific examples.

    Posted: 16 May 2020 12:07 PM PDT

    I'm trying to have an open mind. But right now I can't see any use case for BTC that isn't a thousand times cheaper and faster on a hundred other networks. Please answer honestly and in good faith, I'd like to know how I am wrong.

    I used to own a lot of BTC but it was slow and expensive and really just sucked in user experience. To me it is a total dead end by now, nothing more than a risky ponzi scheme betting that number go up.

    Please don't tell me about the hash rate, that is just circular reasoning and not a use case. I can think of many much safer "store of values", I'm not interested in that. I'm interested in technology that will change my life and the world, changing the flow of money as much as the Internet changed the flow of information.

    submitted by /u/SwedishSalsa
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    Brian Roemmele:"Bitcoin Cash NFC transaction device. It is fast."

    Posted: 16 May 2020 12:54 PM PDT

    Three years ago today Xapo stopped paying Bitcoin miner transaction fees for users because it was getting too expensive for them!

    Posted: 16 May 2020 04:23 PM PDT

    Reminder:The main characteristic that made bitcoin (btc) blows up in the first place is being used as permissionless payment system. This is what created global demand for it...to USE it as global P2P cash to pay for stuff & services. Bitcoin has always meant to be a medium of exchange.

    Posted: 16 May 2020 07:47 PM PDT

    This Just in:

    Posted: 16 May 2020 05:01 PM PDT

    SLP tokens are now available via crypto ATM machines.

    Posted: 16 May 2020 04:39 PM PDT

    Irish freedom party phd immunologist Dolores Cahil high credintials holding propoganda and political leaders to account. Reaching out to tell them about bch. Go on the Irish

    Posted: 17 May 2020 12:10 AM PDT

    PSA to /u/Egon_1 and other posters who regularly shit post against Bitcoin BTC: it's fine; however, please also highlight a positive toward BCH in your titles. Calling out another coin on its weeknesses is fine, however, on /r/btc we should focus on BCH strenghts and provide improvement suggestions

    Posted: 16 May 2020 08:26 AM PDT

    Stop being the crazy girlfriend

    https://www.youtube.com/watch?v=Yh0AhrY9GjA

    Special greetings to /u/aviathor, our resident troll who will inevitably troll this thread. Another proof /r/btc is not censored.

    submitted by /u/Neutral_User_Name
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    BU nodes exceed ABC nodes, and Bitcoin Cash Nodes growing rapidly

    Posted: 16 May 2020 02:47 PM PDT

    In what can only be interpreted as a response to ABC's failed IFP mining tax, BU nodes now exceed ABC nodes. And BCH Node is the choice of fully 6% of node operators.

    https://cash.coin.dance/nodes

    Yet ABC still stubbornly refuses to revert the IFP code!

    EDIT: Well guys, it seems I triggered a few negative responses. I was a HUGE ABC supporter last year, but they lost my vote when they started pushing IFP. And the more the ABC team pushed IFP, and the shadier their tactics to distract people from it became, the more I lost faith in their integrity. The fact that opinion leaders like Vin and Hayden support IFP makes me truly sad - IMHO it's a horrible idea, and it needs to die in a fire. Not only is IFP unethical, it's an attack on the fundamental consensus and Nash equilibrium of Bitcoin. Both Vin and Hayden are heroes of mine, so I can only conclude that they've been fed some powerful Koolaid.

    That said, I'm 100% behind the BCH P2P electronic currency project, and 100% believe that BCH Node will be the path forward with the best devs on an ethically sound roadmap. I'm not a huge BU fan, but I think it's obvious why people now choose BU over ABC - BU is ardently opposed to IFP and BCH Node is a brand new fork. Finally, the way Amaury and team are talking is really alarming, I just can't stomach all of this BS about "protest movements". In my opinion BCH Node is the path forward: no shitty IFP and no garbage propaganda to justify it.

    Sorry guys but it's just the way it is in my opinion.

    submitted by /u/wtfCraigwtf
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    Avalanche excellently explained by Emin Gün Sirer

    Posted: 17 May 2020 02:20 AM PDT

    Buying lunch with Bitcoin Cash!

    Posted: 16 May 2020 01:16 PM PDT

    Bitcoin vs Bitcoin Cash Transaction Fees (High Transaction Throughputs)

    Posted: 16 May 2020 10:56 PM PDT

    Bitcoin vs Bitcoin Cash Transaction Fees (High Transaction Throughputs)

    ​

    Source: https://bitinfocharts.com/comparison/transactions-btc-bch.html

    A lot of people claim that the only reason Bitcoin Cash is cheap is because nobody uses it, and no transactions happen on it. I did my own research, and using bitinfocharts.com (a very useful website for cryptocurrency statistics), I compiled the transaction fees when Bitcoin and Bitcoin Cash were experiencing similar transaction volumes (amounts), and from the data, it is clear that Bitcoin Cash functions far better at transferring money. The craziest part about this is the fact that the Bitcoin Cash transactions would confirm in the next block, giving relatively fast transactions, while Bitcoin itself had confirmation times up to hundreds of minutes, and still is very slow to this day. I just saw a thread earlier today where someone wanted to make a transaction on chain, and they had to pay a 40 cent fee for the Bitcoin to transfer (which took ~3 hours). They only transferred a few dollars, so the transaction was pretty much eaten up by the fees.

    ​

    Someone made a thread related to these high transaction fees in r/Bitcoin back in 2016, and the mods deleted his original post:

    https://www.reddit.com/r/Bitcoin/comments/48m9xq/average_confirmation_times/

    ​

    Another argument I hear supporting Bitcoin is that it is the most secure network, and while that is true at face value, there's more to it than that. People tend to cite https://howmanyconfs.com/ as the website to support the idea that Bitcoin is the most secure network. The problem is that the security payoff is objectively worse. Bitcoin Cash might be 35x slower to get the equivalent security of the 6 confirmations on Bitcoin, but this completely ignores the fees needed to make such a transaction. If I want a 1 input, 1 output transaction with the same fees as Bitcoin Cash, I would have to wait for 504 blocks (minimum), and the fees would still be higher than that of Bitcoin Cash. After waiting 3.5 days, I think it's safe to say that the Bitcoin Cash transaction is already significantly more secure than the Bitcoin transaction after having 504 confirmations, when the Bitcoin transaction only has 1.

    ​

    I think it's crazy that despite how much objectively better Bitcoin Cash is when compared to Bitcoin, I've never really seen anyone switch over and start supporting Bitcoin Cash instead of Bitcoin (mostly for price and speculative reasons).

    submitted by /u/1MightBeAPenguin
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    Looks like Adam wasn't very happy...

    Posted: 16 May 2020 03:24 PM PDT

    Banks and credit card companies increasingly confirming why we need Bitcoin. This happened today when I tried to by BCH in Bitcoin.com wallet.

    Posted: 16 May 2020 02:31 PM PDT

    Who are those people on the right side? I know many people who are using the left side but none on the right side. Who is ready to pay big money to wait in line? Someone is controlling something.

    Posted: 16 May 2020 07:46 PM PDT

    Have there been discussions to make the IFP palatable?

    Posted: 16 May 2020 07:16 PM PDT

    I initially thought it was a great idea, I actually was one of the first ones to cheer on it. Then, I read the execution details and quickly disenchanted. The second round wasn't much better. That being said, I am still under the impression there could be a way to make this work.

    How about combining the Flipstarter and the IFP? For example, there could be a quaterly vote where users actually vote with their money on projects (time horizon of those project could be longer). There could be versions of the projects (time and budget). Then, at the end of the quarter, the IFP tops up the top 5 projects.

    I know, I know, I KNOW, this is a crude idea. Main criticism is how to make sure the IFP funds do not get Theymos'ed.

    Would there be a way to have the funds directly transfered to a smart contract?

    And why aren't the miners directly funding the devs? There could be a healthy funding competition between miners and the users!

    submitted by /u/Xtreme_Fapping_EE
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    Comparison of different stores of value

    Posted: 16 May 2020 05:27 AM PDT

    Seems like I ran into r/Bitcoin censorship.

    Posted: 16 May 2020 05:22 PM PDT

    So, I've been talking in the Bitcoin subreddit recently. Just giving my opinion and looking into their arguments. For example, I made a post talking about the block size limit and how it doesn't really make sense to keep it as low as it is. I tried not to break any rules in my posts or comments. I got several responses. Some good, some not.

    https://np.reddit.com/r/Bitcoin/comments/gkdr0q/how_does_it_make_sense_to_keep_the_block_size/

    I was actually a little surprised to see that my post wasn't removed. I guess I figured maybe they were just really strict with their rules and the censorship wasn't so bad as long as you were careful with your wording. However, I came back to my post recently and it's been removed. That sure doesn't help their case for me. I guess it's good though. At least now I can say I've experienced the censorship first hand.

    submitted by /u/shinyspirtomb
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    Elon Musk Says Bitcoin Looks 'Solid' Compared To 'Currency Issuance By Govt Central Banks'...

    Posted: 16 May 2020 04:28 AM PDT
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