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    Friday, October 2, 2020

    Home Unlabelled BTC Get your funds off Bitmex while you still can. The owners are wanted by the DOJ and will be arrested on sight (1 already has been). Exit scam or state confiscation look likely.

    BTC Get your funds off Bitmex while you still can. The owners are wanted by the DOJ and will be arrested on sight (1 already has been). Exit scam or state confiscation look likely.

    October 02, 2020

    BTC Get your funds off Bitmex while you still can. The owners are wanted by the DOJ and will be arrested on sight (1 already has been). Exit scam or state confiscation look likely.

    Get your funds off Bitmex while you still can. The owners are wanted by the DOJ and will be arrested on sight (1 already has been). Exit scam or state confiscation look likely.

    Posted: 01 Oct 2020 05:03 PM PDT

    bitcoin.de, germanys "ebay for Bitcoin" (a platform matching crypto buyers and sellers since 2011) is fusing with futurum Bank AG as a direct result of regulation

    Posted: 01 Oct 2020 11:32 PM PDT

    I just received an email from bitcoin.de: they're stating that due to new regulations they have to become a bank by doing a fusion with one. They chose futurm Bank AG.

    The background of this is new European regulation that allows only banks to offer cryptocurrency-related services. Yes, you've heard right: "only". The mainstream crypto news outlets have mainly reported this as a good thing when it came out: "European Banks allowed to offer cryptocurrency services, yay!". They somehow fail to see this is a power-grab (classic "regulatory capture"): Now you need a banking license to offer crypto services and if you're just a normal dude or company: you can't offer those services.

    Am I the only one that finds this development at least greatly concerning?

    What is the impact going to be?

    submitted by /u/moleccc
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    Blockhack which is closely working with SLP and BCH is more than 1/3 near the goal. 3 days to go and we only need $4k more! $17K+ already pledged.

    Posted: 01 Oct 2020 05:21 PM PDT

    aaand another 150 million Tether got "minted"

    Posted: 01 Oct 2020 09:57 PM PDT

    https://twitter.com/whale_alert/status/1311558945253851140

    ... 15.501 billion up to now !

    https://coinmarketcap.com/currencies/tether/

    remember, we started the year 2020 with "only" 4.128 billion

    and in 2017 before it started, BTC only had a market cap of 15 billion

    ... the true source of SoV

    submitted by /u/PanneKopp
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    Why does Bitcoin have value-explained

    Posted: 02 Oct 2020 01:15 AM PDT

    It is a simple yet not easy question to answer: why does bitcoin have value?

    Bitcoin has value because it has both scarcity and utility. It is a limited and useful resource. It is important to note that something must be BOTH in order to command a market value, NOT either.

    Bitcoin is limited to the software-imposed hard limit of 21,000,000 bitcoin units ever in circulation. It is useful because it allows payment information to be secured by a decentralized computing network backed by magnitudes of raw hashing power. That raw hashing power is energy (electricity) converted into digital utility. Each transaction must compete (fee market) to be included in the next block of transactions which has a limited [block space] due to the block size limit (2MB) imposed on each ~10 minute block.

    We can expect both the value to increase and the number of users to increase exponentially so long as the current technology maintains itself and remains both useful and in a limited abundance.

    Bitcoin will always retain market value so long as miner nodes are actively contributing their hashing power to secure the network (proof of work).

    In my opinion, Bitcoin will always have value until and unless people use it as a source of payment and use in merchants such as in EarnBet-an online decentralised casino operating on the WAX chain that accepts Bitcoin and distributes casino profits in such forms.

    submitted by /u/DaoDavy363
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    Electron Cash SLP Edition now has pay-to-many SLP receivers!

    Posted: 01 Oct 2020 02:11 PM PDT

    It would be interesting to replicate this outside of Australia.

    Posted: 01 Oct 2020 12:20 PM PDT

    "Making regular payments more secure [with] Double Spend Proofs" video by Tom Zander

    Posted: 01 Oct 2020 02:05 PM PDT

    The United States of America vs. Bitmex - Collin' It Like It Is #96

    Posted: 01 Oct 2020 11:58 PM PDT

    BitcoinCash.site is looking to hire freelance designers with BCH via VenezuelaWorkers.com

    Posted: 01 Oct 2020 01:30 PM PDT

    If scaling improvements to the protocol concern you, you're in the wrong place

    Posted: 01 Oct 2020 05:04 AM PDT

    This is rbtc, the subreddit for people who wanted to scale and improve Bitcoin but were censored out of rbitcoin.

    Recently, a fair amount of noise has been generated from a few comments made by Jonathan Toomim regarding reducing the block interval.

    Reducing the block interval is something that I and many others have assumed would eventually happen. Like the block size limit, the block interval is not a sacred cow variable, but is instead a "safe enough for now" guess that Satoshi pulled out of his ass.

    A few things should be said about the block interval:

    1. Can't do instant txns - It probably can't ever be reduced low enough to permit reliable "instant" transactions without a significant penalty to orphan rate, which would be bad.

    2. Can be reduced without penalty - It definitely can be reduced by several factors of two, and maybe even by an entire order of magnitude, without any significant penalty to orphan rate.

    3. Reducing block interval is a scaling improvement - Reducing the average block interval by half offers an equivalent scaling benefit to doubling the block size. Reducing it by an order of magnitude offers equivalent scaling benefit to increasing the block size limit by 10x. A 10x improvement in block interval would be the equivalent to increasing the current BSL to 320MB.

    4. Reducing block interval is a usability improvement - while it is true that reducing block interval is unlikely to facilitate "instant" transactions at the register, it is also true that many other applications would see a usability improvement. An easy example is more quickly moving coins on and off exchanges. But every transaction would see a reduction in confirmation wait times, which is an unqualified win, even at the register. Every application that uses the blockchain would see a UX benefit, however marginal, because other things equal, faster is always better.

    Past this, I want to point out that, at this moment, there is literally no plan at all to reduce block interval. None.

    All that's happened is just the beginning of some discussion. That's it. A few comments in a reddit sub. Nothing more.

    Folks, we have to be able discuss improvements without people freaking out at the mere hint of discussion.

    submitted by /u/jessquit
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    All of these funding scenarios for ABC are looking impossible since it's trading at $37 on coinex

    Posted: 01 Oct 2020 11:03 AM PDT

    CFTC Charges BitMEX Owners with Illegally Operating a Cryptocurrency Derivatives Trading Platform and Anti-Money Laundering Violations

    Posted: 01 Oct 2020 10:11 AM PDT

    Deploy all this in 1 single command....

    Posted: 01 Oct 2020 09:48 AM PDT

    Its really upsetting to see some BCH peops turn into nothing more than paid Mercenaries. I see no other explanation for their souless behaviour. People we once trusted to perform with soul now have little more than 30 pieces of silver.

    Posted: 01 Oct 2020 05:34 PM PDT

    Excited to launch our Flipstarter campaign to seek voluntary donations to accelerate the growth of Bitcoin Cash through education, community building, merchant adoption and expansion of the Chinese community. Thank you in advance for your support! ��

    Posted: 01 Oct 2020 03:59 AM PDT

    CFTC charges BitMEX with illegally operating an unregistered trading platform

    Posted: 01 Oct 2020 09:59 AM PDT

    The reason VCs and exchanges implement KYC practices is that governments have guns. This all is about freedom. VCs and exchanges are mostly forced colaborationists. We'd rather look for millions of small holders using crypto in not centraliced ways, so they can't be controled.

    Posted: 01 Oct 2020 04:33 AM PDT

    Mainnet library update

    Posted: 01 Oct 2020 05:49 AM PDT

    Atari Gaming Producer Launches Its Token on Bitcoin.com, IEO to Come in November

    Posted: 01 Oct 2020 10:37 AM PDT

    BCH Network Discussion *LIVESTREAM* -- Starting in 30 minutes! Come one come all!! Be there or be square!

    Posted: 01 Oct 2020 05:02 AM PDT

    Question: How come the wallets don't have an option to send messages back and forth?

    Posted: 01 Oct 2020 06:33 AM PDT

    Is this not a thing? Or is telegram better for messaging? Or pgp email? **Edit. So is the consensus that it's too much space to keep messages on chain?.. I have a client, BU in this case, I want to send some bch, Its not too outrageous in size or content to send a message that his client, BU/Electron/BCHN would pick up? I'm not much for wireless(cellphones). In this regard, the medium IS the message. Could you maybe like color a coin with the message?... Idk.. Any further insight anyone?

    submitted by /u/yourliestopshere
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    This weekend’s BCH Fortnite tournament

    Posted: 01 Oct 2020 06:06 AM PDT

    This weekend's #crypto #Fortnite tournament:

    playmo.gg/game/298

    👨🏻‍💻 16 players
    💸 $35 for the winner in $BCH, $BTC, $LTC or $DOGE
    🎟 Free entrance

    Sponsored by Playmo

    Contact me for tickets

    submitted by /u/merc1er
    [link] [comments]
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