• Breaking News

    Friday, December 25, 2020

    BTC BTC Maxi: "you shouldn't recommend the white paper as the *first* thing newbies read when getting into Bitcoin. It's a technical document that is very difficult for the average person to understand, and it leaves out important topics/elements of Bitcoin."

    BTC BTC Maxi: "you shouldn't recommend the white paper as the *first* thing newbies read when getting into Bitcoin. It's a technical document that is very difficult for the average person to understand, and it leaves out important topics/elements of Bitcoin."


    BTC Maxi: "you shouldn't recommend the white paper as the *first* thing newbies read when getting into Bitcoin. It's a technical document that is very difficult for the average person to understand, and it leaves out important topics/elements of Bitcoin."

    Posted: 24 Dec 2020 04:28 PM PST

    There are only 589 comments on FinCENs horrible new proposed rule of "wallet registrations" for self-custodial wallets. AMERICANS: TELL THEM WHY IT SHOULDNT BE ALLOWED, BEFORE JAN 4. Make sure to read the extremely important tips in this post 1st. Yes, they do read & carefully consider every comment

    Posted: 24 Dec 2020 08:16 PM PST

    If you're from another country, do not comment. It's for Americans only.

    It's also very important that you read all of the tips in this thread first, before commenting. Your comment will be read by lawyers and regulators. Poorly written comments are worse than no comments at all. At minimum, every American can use the template provided in the above thread (tweet #13), or, if you are knowledgeable, you can leave your well-written comment without a template directly with FinCEN here (click the green "Submit a formal comment" button).

    After you have done that, you can (and should) also send a letter directly to Treasury Secretary Mnuchin here (comes with an optional template).

    If anyone is interested, the CoinCenter spent 3 days writing a 34 page detailed analysis of why this rule is so flawed; a short summary of which can be found here (full 34 pages here). The proposed rule includes such idiocy as providing the name and physical address of the person who controls the wallet you're sending to when withdrawing over $3,000 from an exchange.

    The deadline for submissions is January 4th. If you use a template, make it your own. A simple way to make a template more personalized is to say something like "My name is XX and everything in the below letter I agree with. I am submitting this because everything in it is spot on and it will absolutely affect the sphere negatively, especially seeing how other countries are already ahead of the US. It will affect me personally because XX." etc. etc.

    submitted by /u/333929
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    Bitcoin Payments with "very low fees"

    Posted: 24 Dec 2020 06:38 AM PST

    Just came across a video from Niklas Nikolajsen (Bitcoin Suisse) how he used bitcoin to pay for goods and services.

    And the claim at the end of the video was: "bitcoin spent on a wide range of goods and services, with very low fees ...", which got me interested. Here is the video itself: https://www.youtube.com/watch?v=PPfBHQE99uc

    I got interested what "low" means and went over all payments in the video:

    Let's assume the fees for the non-identified payments are $4. Total during the day: - 11 payments - Total miner fees paid: $47.2

    This sounds like an amount someone can live on for 1 month. It is great bitcoin made people rich, but pretending that it is usable as a payment is ridiculous.

    Merry Christmas to everyone and enjoy "very low fees"!!

    submitted by /u/bitpagod
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    Announcing BCH Cabochon, the first physical NFT Art token on SLP

    Posted: 24 Dec 2020 02:36 PM PST

    meme contest!!! - winner gets 0.1 BCH

    Posted: 24 Dec 2020 11:33 AM PST

    Best meme wins, deadline is 24 hours from this post. Only rule is your meme must be somehow crypto related. Also you can enter as many times as you want with different memes.

    edit: overall the memes are....you guys can do better! keep em coming

    submitted by /u/jonald_fyookball
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    Sent BTC 8 hours ago, still no confirmation.

    Posted: 24 Dec 2020 01:21 PM PST

    I know, I know... My fee wasn't big enough. I'd give my first child but that happened last time...

    submitted by /u/frankzen
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    Organizations File Lawsuit Against New York Town to Prevent Bitcoin Mining Facility Expansion

    Posted: 24 Dec 2020 11:50 PM PST

    How does the BCH network survive with such low fees?

    Posted: 24 Dec 2020 11:29 AM PST

    Does it work like btc , if so how do the miners get paid because fees seem like an actual legit way to buy coffee and not get screwed,

    submitted by /u/CryptoCoveBTC
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    Crypto ETF's could be coming soon as Roisman Named Acting SEC Chairman: perceived as friendly to cryptocurrencies in general.

    Posted: 24 Dec 2020 06:40 PM PST

    A controversial look at the "rising number"

    Posted: 25 Dec 2020 12:01 AM PST

    Hello!

    I know some people will be triggered about this post, but I just watched Alex Mashinsky's interview.

    https://www.youtube.com/watch?v=toc6xtDz1Bk

    He was asked towards the end of the interview of his view on the price of bitcoin core. He gave an answer that many bitcoin core holders do not want to hear. Everybody is now waiting for 400 000-500 000 usd bitcoin core price but he sees it will not rise above 40 000 usd next year even though he hopes higher prices. The reason he said is that there are a lot of speculators holding the coins since 2015-2016 and just waiting an opportunity to exit from the core.

    Also, institutions are not going to push the price into insane levels, they are going to sell on the retail investors... They are satisfied with lower returns than retails because they will play it safer.

    What kind of implications this has to bch if his prophesy will become reality?

    Personally, I see it very bullish for bch as it gives room for growth to us. It is highly likely that bitcoin core will not be the king in crypto assets towards the end of this bull market. It is in my cards that bch actually becomes bigger than btc. However, it is not time to go all in because this is just my speculation and I am just a dude on internet. Also, now the priority should be putting bids on bch/btc trading pair a little bit under the current price in case there will be weak hands shake outs coming.

    submitted by /u/JarmoViikki
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    Twitter Survey Shows 67% of Cryptocurrency Users Value Ease of Use Most

    Posted: 24 Dec 2020 07:55 AM PST

    Dallas Mavericks Owner Mark Cuban Offering Discounts on Merch Paid for With Bitcoin

    Posted: 24 Dec 2020 02:45 AM PST

    [Shameless self-amplification] "It's like we were going to build a rocket to take us to space and exalt humanity; then somewhere along the way someone decided the real purpose of rockets is to bomb our neighbors and destroy humanity, and that going to space is a stupid idea, or even a scam."

    Posted: 24 Dec 2020 04:23 AM PST

    This years last “Lightning This Week” news letter. The future is so bright I gotta wear shades

    Posted: 25 Dec 2020 02:14 AM PST

    Knuth's 2020 in numbers

    Posted: 24 Dec 2020 06:34 AM PST

    Exchange rate manipulation and how to protect yourself

    Posted: 25 Dec 2020 02:03 AM PST

    Here’s Why The XRP Securities Suit Is Worse Than Past SEC Charges

    Posted: 25 Dec 2020 01:27 AM PST

    Merry Christmas BCH Fam!

    Posted: 24 Dec 2020 06:06 PM PST

    Merry Christmas BCH Community, my family, my friends! I hope someone give me a BCH Christmas give today🙉😅😍! Make my wallet happier before the year-end😍. Merry Christmas again!

    submitted by /u/Marjrie
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    I'm i the only one who think that XMR is the next Bitcoin ?

    Posted: 24 Dec 2020 09:09 PM PST

    Watch this new Christmas Carrol Feat. so funny... hahahahahahahahahahaha

    Posted: 24 Dec 2020 10:02 PM PST

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