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    Wednesday, September 9, 2020

    BTC New BCH merchant DiMasi Wines in Venezuela - buy their wine on local.bitcoin.com

    BTC New BCH merchant DiMasi Wines in Venezuela - buy their wine on local.bitcoin.com


    New BCH merchant DiMasi Wines in Venezuela - buy their wine on local.bitcoin.com

    Posted: 08 Sep 2020 03:49 PM PDT

    Free Julian Free Ross

    Posted: 08 Sep 2020 02:14 PM PDT

    Proposal to update the /r/btc participation requirements

    Posted: 08 Sep 2020 01:01 PM PDT

    Hello all! I wanted to share some ideas with the community in regards to /r/btc participation requirements. As you all know, we are now a very big subreddit, with 317K+ subscribers and growing rapidly. I'd say we are one of the top subreddits when it comes to Bitcoin related topics and also cryptocurrency in general. As you can see from this chart, we get anywhere from 200 to 600 new subscribers per day (the jump in August was due to the mini-bull run we had).

    For a number of years we've kept the threshold for accounts to participate as low as they can be. Essentially anyone with any karma can participate, and accounts just needed to be several hours old before they could participate. However, as we have become bigger and have a lot of users now, this has become problematic.

    My proposal to the community here is, since we have grown so much, it's time to evolve a bit and help drive down the signal-to-noise ratio and help reduce all the spam and scams from drive-by accounts whose sole purpose appears to disrupt discussion. To do so, I'd like to add the two following automod scripts:

    --- # Age requirement author: account_age: "< 72 hours" action: remove action_reason: Removed, account age less than required. Please try again later. message: | In order to prevent zero hour comment brigading, spam, scams and abuse, brand new accounts must age 3 days before posting or commenting to /r/btc. This process is automated and after 3 days, your ability to post and comment on /r/btc will automatically be set to approved. Please try again later. If you get this message again it means your account hasn't aged long enough yet. Thank you. --- # Karma requirement author: comment_karma: "< -10" action: remove action_reason: Removed, user karma less than -10. Please try again later. message: | Hello, your {{kind}} was removed due to your account having negative karma. In order to participate in /r/btc, users can not have more than -10 karma. Feel free to try posting again when your karma has improved and meets the minimum karma required. Thank you. 

    There was some discussion already within some comments a few days ago. If you click on the hyperlinks in that comment, you can see more examples of people complaining about all the mess.

    Please also keep in mind, for almost all subreddits that care about their subscribers and have a decent amount of participants, they all have much higher requirements to post there. Some examples:

    What do you think? Is this a good idea? I have also created a poll for those that wanted to try to gauge sentiment that way. Ultimately, we still do need the top mod /u/memorydealers to agree to this as he has final say, but I wanted to bring the discussion forward to the community for comments. Thanks.

    View Poll

    submitted by /u/BitcoinXio
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    When this post is 5 hours old I'll be LIVE w/ Josh Ellithorpe of the BCHD node, don't miss it!

    Posted: 08 Sep 2020 12:56 PM PDT

    Bitcoin Adoption: Just Eat France Now Accepts BTC Payments in Over 15,000 Restaurants

    Posted: 09 Sep 2020 02:53 AM PDT

    54% of the current BCH hash rate is signaling for BCHN. 0% of the hash rate is signaling for ABC.

    Posted: 08 Sep 2020 06:23 AM PDT

    Announcing the winners of BCH DevCon!

    Posted: 08 Sep 2020 10:03 AM PDT

    Earn Bitcoin Cash while playing video games

    Posted: 08 Sep 2020 10:03 AM PDT

    I will be organizing a free video game tournament every Sunday where the winner wins BCH (or can choose between a few cryptos).

    This Sunday is Fortnite mini battle royale.

    Rules and info: https://playmo.gg/game/228

    Hit me up here or on telegram (same username) to get free tickets!

    submitted by /u/merc1er
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    Moving coins that have been fused (via CashFusion) to a different wallet

    Posted: 08 Sep 2020 01:51 PM PDT

    To maintain privacy, I imagine you wouldn't want to simply spend all from the wallet. Then all the outputs would be connected, undoing all the work CashFusion did. So would you spend every individual coin separately to the new wallet with potentially dozens of transactions?

    And then would you also space all these transactions out over a relatively lengthy period of time?

    submitted by /u/fixthetracking
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    UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash

    Posted: 08 Sep 2020 11:50 AM PDT

    Id love to see a conversation with Roger Ver and Jeffery Tucker. That would be epic!!!!

    Posted: 08 Sep 2020 06:31 AM PDT

    Understanding #noIFP

    Posted: 08 Sep 2020 01:21 PM PDT

    Opinion of BCHouse about ABC

    Posted: 08 Sep 2020 08:21 AM PDT

    Opinion of BCHouse about ABC

    From Venezuela we always saw Bitcoin as a way out of the terrible economic crisis we've experienced for years

    https://preview.redd.it/uq35v3ejyxl51.jpg?width=1350&format=pjpg&auto=webp&s=40858d74f7f0ad457479f0fdf5bb497e75845d62

    That's why since 2016 in Venezuela there are investments of more than $500 million in BTC an incredible achievement for a disaster economy

    There comes a time when the tickets were useless and the internet with the outlets did not work either

    look at the whole post here..

    https://read.cash/@BCHouseVE/opinion-of-bchouse-about-abc-c42f978b

    submitted by /u/abgrobert5
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    There Is Nearly $750 Million Bitcoin On The Ethereum Blockchain

    Posted: 08 Sep 2020 12:05 PM PDT

    Double spending. An explanation of the problem and how to prevent it.

    Posted: 09 Sep 2020 12:13 AM PDT

    How long until the issue of blocksize is brought up again for the Bitcoin Core community?

    Posted: 08 Sep 2020 10:33 PM PDT

    From the looks of it, it seems like there is eventually going to be further division in the Bitcoin Core community in the future, though that division may not be obcious right now because of the censored discussion on r/Bitcoin, and the fact that everyone at this moment is okay with full blocks and high fees. At some point, Bitcoin absolutely will have to raise its blocksize limit because on-chain fees can't be hundreds of dollars per transaction. Even with transaction batching for Lightning, it still doesn't seem viable to keep the blocksize limit so low... I've talked to other Bitcoin supporters and maximalists about increasing the blocksize, and it usually boils down to a few views/perspectives on the whole congestion situation with BTC:

    • "Increasing the blocksize (hardfork) is only acceptable if there is near 100% consensus among the community and hashpower since hardforks create a chain with new consensus rules"

    • "There is no need to increase the blocksize because almost all activity will happen off-chain with Lightning Network transactions. Institutions and banks will pay the high on-chain fees if and when they have to make high-value settlement transactions"

    • "The blocksize is already too large and should be softforked to be lower so that sync times improve, and more people can run full-nodes."

    Right now the fee situation on Bitcoin is pretty bad, but it will only get worse with adoption. It already seems like the idea of achieving consensus for a hardfork is near impossible due to the nature of discussion on the Bitcointalk forum and r/Bitcoin subreddit (both owned by theymos). It directly states in the subreddit rule section that:

    Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.

    The issue with this is the fact that this also includes even proposing a hardfork. I've seen discussions about even putting forward a BIP that proposes bigger blocks get completely censored or deleted by r/Bitcoin mods. So the first idea that hardforks will happen later on seems extremely unrealistic.

    The second idea is in direct conflict with the first one because it asserts an argument that opposes the first one. If blocksize doesn't and shouldn't be increased (and are fine the way they are), this will also cause division in the community.

    The third idea is also in conflict with the first and the second, which will also likely result in division. When will this division become much more evident in the Bitcoin Core community, causing another split for Bitcoin? It's bound to happen at some point, but maybe not today.

    submitted by /u/1MightBeAPenguin
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    Adoption: Just Eat Now Accepting Bitcoin Payments in 15,000 restaurants in France

    Posted: 08 Sep 2020 02:53 PM PDT

    Just Eat started accepting BCH in France! When Ireland Just Eat? Where hungry too!!!

    Posted: 08 Sep 2020 04:26 AM PDT

    Can Bitcoin Cash Participate in the Defi Deposit Farming

    Posted: 09 Sep 2020 01:30 AM PDT

    As decentralized finance started a wave of liquid providing to get an annual yield of more than 100% interest returning, how could Bitcoin Cash participate in the investing while few swaps supported bch tokens and pairings?

    An idea came to my mind from the lending platform. Liquid provider deposit stable coin like USDT, USDC into the liquid pool to gain the platform token, while Curve uses the swap token to deposit in their own pool to get CRV, that is how you gain the interest from depositing USDT from the first place. However there is few swap or pool that could deposit or swap BCH directly, we need to find a way to convert BCH to USDT without causing value lost while the BCH-USDT price goes up.

    A simple way to solve it is to find a lending platform to deposit BCH and borrow 60-65% amount of USDT, at the same time short BCH to hedge the risk of price dropping to avoid the margin call, at the same time invest USDT into the liquid pool to gain your good profit.

    A few tips:

    1. The lending platform should support short-term lending, since you don't know how long Defi wave would last
    2. Sell the Defi token ex. crv, sushi as soon as it is farmed
    3. Gas fee is comparatively high, this way is not friendly to small investor
    submitted by /u/SongyanXXX
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    The referral system of local.bitcoin.com (earn bitcoin cash for free)

    Posted: 08 Sep 2020 08:12 AM PDT

    BCH Promotional Initiative - No Flipstarter Needed

    Posted: 08 Sep 2020 08:58 PM PDT

    Hi,

    So i wanted to start promoting bitcoin.com youtube videos showing how bitcoin cash works by sharing the links to relevant groups around the internet, and I wanted to know who wants to participate. There is no funding needed, just a passion to spread adoption for bitcoin cash. If you are interested, please comment below, and we can promote each specific video in tandem so as to raise maximum awareness and bring in new participants. any ideas are also welcome, thanks!

    submitted by /u/getrich_or_diemining
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    Under the broken Internet, encryption technology is restoring data sovereignty

    Posted: 08 Sep 2020 11:56 PM PDT

    If A Second Stimulus Check Is Coming, Using It To Buy Bitcoin Could Be A ‘Disaster’

    Posted: 08 Sep 2020 02:01 PM PDT

    Compelling reason why IFP must get rejected by exchanges

    Posted: 08 Sep 2020 12:27 PM PDT

    If 8% IFP tax gets accepted and ABC remains the leading node implementation of BCH, they would become super powerful, and then what can stop them raising IFP tax to 15%?

    submitted by /u/bitcoineo
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    Help with setting up Block Erupter cube with Win 10 without joining a mining pool.

    Posted: 08 Sep 2020 01:50 PM PDT

    Hello all, the title is pretty self-explanatory. I want to mine solo just to learn; I 'inherited' a buddy's Block Erupter cube, and decided to give it a try. I have been able to access the cube's setup, and am confused as to the last required entry.

    I have to type in "Miners user;pass". I don't know if this is something I have to create on a website, or if this is the wallet I created in BitCoin core, or something else. Can anyone help?

    submitted by /u/NavyGeo
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