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    BTC Its all a facade

    July 10, 2021

    BTC Its all a facade

    Its all a facade

    Posted: 09 Jul 2021 10:46 AM PDT

    Look at the Chart Differences Between the Two Versions of Bitcoin. Bitcoin Cash chain is top on this and this what people need.

    Posted: 09 Jul 2021 06:49 PM PDT

    David Bond Flipstarter Update

    Posted: 09 Jul 2021 07:08 PM PDT

    Hey guys, I just wanted to give a small update on the status of my flipstarter/project

    My camera guy (Marc Falzon) and I were forced to leave Thailand due to exploding coronavirus cases, we flew home and took care of some personal stuff back home.

    We're re-uniting here in the next 3 weeks and will resume creating BCH/Crypto content.

    We also plan on flying to El Salvador to check out what's going on there.

    Also don't be suprised if we end up in Kenya to personally interview Marc DeMesel

    I apprecaite the accountability, stay tuned!

    In response to: https://new.reddit.com/r/btc/comments/of0tlc/what_happened_flipstarter_campaigns_that_did_not/

    submitted by /u/checkraise86
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    Nav Marketplace now accepts Bitcoin Cash =) [beauty, baby items, random crypto paraphernalia]

    Posted: 09 Jul 2021 08:33 PM PDT

    So easy!

    Posted: 09 Jul 2021 06:50 PM PDT

    Bitcoin Cash with a dog logo is what Elon Musk want.

    Posted: 09 Jul 2021 06:37 AM PDT

    It's Fusion Friday! =)

    Posted: 09 Jul 2021 02:24 PM PDT

    CashFusion is a privacy protocol for Bitcoin Cash where users mix their coins with each other to make their transactions more private.

    With CashFusion, your finances are your business, and no one else's. Over 5.5 Million Bitcoin Cash has already been made private using this innovative, non-custodial mixing protocol.

    You can "Fuse" all week for a few cents in fees if you want. This post is just a weekly reminder. (And it gives users a specific time to coordinate their fusing if they want. The more people using CashFusion at once, the more effective it is!)

    New to CashFusion? No problem, getting set up is pretty easy =)

    First, download the Electron Cash desktop wallet. It's got CashFusion built in.

    Set up your wallet (and be sure to write down your recovery phrase on a physical piece of paper), then activate CashFusion by clicking the icon in the lower right: https://i.imgur.com/DXEPLtf.png

    Once it's activated, your wallet will start "fusing" the Bitcoin Cash it contains. Fusions happen over time as their own transactions, and they only cost you the network transactions fees (so less than a penny, usually).

    Each fusion transaction will include some of your coins*, so it will take multiple fusion transactions before all the coins in your wallet will be fused. (In the View menu, toggle the "coins tab" to see all of the coins in your wallet. In the "Label" field, fused coins will show CashFusion info.)

    Currently, Electron Cash keeps fusing your coins indefinitely. The plan is to eventually allow you to stop fusing automatically after some number of fusions per coin but, until then, there's no downside to leaving it to fuse continuously besides paying the transaction fees. (Every fusion gives you that much more privacy, while also providing "liquidity" for other fusers.)

    Electron Cash does not yet prevent you from spending un-fused coins, nor does it prefer fused coins when spending, so it's probably best to leave it fusing and keep your whole wallet fused, and to pick your coins manually from the Coins tab. If you want that coin-management taken care of for your (and/or you're not comfortable picking from the Coins tab), you can always switch back to CashShuffle for now. (It's in the Optional Features window, accessible from the Tools menu.)

    Here's the CashFusion Telegram group where you are welcome to ask questions. (Just remember to be courteous!)

    Happy Fusing!! <3

    *"Coins" are kind of a confusing concept when it comes to Bitcoin, but you can think of them just like discrete "bills" (or... "coins") in your wallet, but instead of coming in only certain sizes like $1, $5, $10, $20, etc, they can be any amount sent to you in a previous transaction, like 0.618 BCH, 0.000001 BCH, or 123.45679 BCH. (They can also be combined and split up. That happens in most transactions!)

    submitted by /u/AD1AD
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    Is BCH the real Bitcoin?

    Posted: 09 Jul 2021 07:21 PM PDT

    123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid

    Posted: 09 Jul 2021 01:13 PM PDT

    Do full nodes end invalid block alerts to light clients?

    Posted: 09 Jul 2021 11:02 PM PDT

    From the white paper

    One strategy to protect against this would be to accept alerts from network nodes when they detect an invalid block, prompting the user's software to download the full block and alerted transactions to confirm the inconsistency

    Is this strategy actually used? Seems like it increases the security of light clients a lot

    submitted by /u/TheFronkler
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    New Bitcoin Cash onboarding event this morning in Caracas Venezuela at BCH merchant Canguro, great work team!

    Posted: 09 Jul 2021 08:42 AM PDT

    Edge of NFT Launches “This is #1” NFT Giveaway

    Posted: 10 Jul 2021 03:22 AM PDT

    Banks vs Crypto

    Posted: 10 Jul 2021 03:14 AM PDT

    BCH prize pot gaming

    Posted: 10 Jul 2021 02:52 AM PDT

    I wonder if it's possible to set up some kind of website where people can game for a price pot … gamers are going to be huge for adoption if we can enter this market in a way that's easy for the masses( that's key) mindless easy. We can really build something here.

    submitted by /u/LTBby
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    Jim Cramer 2nd Segment on Tether the ticking time bomb. Tether's commercial paper could be Chinese. Potentially damaging to short term credit markets. Cramers on the case.

    Posted: 09 Jul 2021 08:30 PM PDT

    Good virtual private server (VPS) hosters that accept BCH?

    Posted: 09 Jul 2021 08:45 AM PDT

    In another post, someone asked about "Best domain registrar that takes BCH?"

    So I would like to ask the complementary question about hosting providers, esp. those who respect the privacy of their client.

    Any info much appreciated!

    submitted by /u/Pablo_Picasho
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    Products & Services to offer for the Bitcoin Cash community

    Posted: 09 Jul 2021 01:17 PM PDT

    Hi,

    i founded and am running a small Managed-Service-Provider near Frankfurt, Germany. Like you probably, i love crypto and BCH especially.

    Thats why i have decided to offer products & services payable in crypto.

    As everything is quite in alpha, i would like to know what someone like you would like to buy with BCH for a 10% discount in comparison with fiat payment gateways.

    ​

    My dream is to have a working mini-ecosystem on BCH where supplier, my company and the customers use BCH as it meant to be, a digital currency!

    ​

    ​

    ​

    ​

    View Poll

    submitted by /u/finallyReform
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    Using CopaAmerica (a large soccer tournament) to create BCH raffles for those guessing the correct winners of the soccer game.

    Posted: 09 Jul 2021 09:02 AM PDT

    I like this faucet, real pay, win up to 200$ in BTC every hour! Play now ! Register here: https://freebitco.in/?r=13335097

    Posted: 10 Jul 2021 02:18 AM PDT

    How much Bitcoin Cash should you hold?

    Posted: 09 Jul 2021 09:15 PM PDT

    https://read.cash/@francis105d1/how-much-bitcoin-cash-should-you-hold-4738b368

    ​

    The answer to the question: How much Bitcoin Cash you should hold is not a straightforward answer or a simple one to answer either, it depends on many circumstances and it also depends on who is asking the question and the current economic situation of the person that wishes to hold Bitcoin Cash.

    Holding Bitcoin Cash is a good idea because among all the other altcoins Bitcoin Cash is the coin that has a greater chance for taking over Bitcoin because it is actually Bitcoin that works with very low fees and is actually usable regardless of economic class, Bitcoin Cash is the Bitcoin that doesn't need any custodial account to scale like the competition is trying to do. The use of services like Wallet of Satoshi, Strike, or Chivo is a sacrilege in the crypto world after all you didn't get into crypto just to ask for permission from yet another bank, you got into Bitcoin to be your own bank and you can only do that with Bitcoin Cash. Bitcoin Core BTC is pretending to be Bitcoin while they promote custodian services as a scaling solution. Latest example El Salvador will implement its own government-sponsored custodial service.

    I say that Bitcoin Cash has a greater chance to become recognized as the real Bitcoin BCH that has kept its promise to be the peer-to-peer currency for the whole world and so the question is, how much you should hold? You should hold at least 0.003 BCH if you are not rich and can't afford more than that because of your income. In some countries in Africa, the minimum wage is around $2 a day if you earn that little I would say you should at least buy one day's worth of wages into Bitcoin Cash and hold it in your own private key.

    In many other countries their minimum wages are around $5 to $20, and the rich countries like the US around $100 a day, that will mean that regardless of your country you should invest at least one day worth of salary into Bitcoin Cash, this will be the case for everyone that has to work for a living and that needs to work to survive, now if your financial life allows for more the better.

    If you can save one month's worth of salary into Bitcoin Cash that will be even better but that investment should only be considered if you don't need that money to pay for rent next month or any other obligation. And you shouldn't need to worry about that month's worth of salary for at least one year, meaning that if you invest, you won't need that money at least for one year or more; otherwise, you should stick to only saving one day's worth of money salaries.

    That is what I would say to those asking me how much they should hold in Bitcoin Cash because people earn different salaries in different countries these two factors could help generalize how much money you should invest into Bitcoin Cash regardless of your class or income.

    Now for people that have more financial freedom things change a bit and they should invest that which they can afford to lose, and if you have some extra income I would recommend you invest it into Bitcoin Cash for the long hold, sit and wait is my approach when it comes to BCH. Not financial advice just my opinion.

    Now I do believe that everyone should at least hold 0.003BCH but the more the better in my opinion and if you can hold at least one whole Bitcoin Cash the better and I will congratulate you too. If you hold at least 1 BCH, you should try to protect that from all threats and that includes emergencies. I would say that once you hold at least 1 BCH the problem becomes not spending those satoshis on things that you don't need, so always have a little bit of cash on hand to cover unexpected expenses so that you are not forced to part with your satoshis.

    And if one day you must use your satoshis to help adoption make sure you are spending your satoshis on something that you really want or that you will use and replace it so that you can keep your coins until the time to spend your satoshis without the need to exchange into fiat is here.

    Conclusion.

    Try to hold at least 0.003BCH even if you earn $1 a day, and if you are poor try to put at least one day's worth of your local wages into Bitcoin Cash, and for those with more financial freedom at least one month's worth of wages. And if you are rich and can afford to lose one year's worth of your income it will be fantastic too. Just make sure you don't need to part with your coins by always having some fiat aside. And always use and replace if you must spend your coins to help adoption.

    I hope this article has fewer errors than previous articles, please give it your review I will appreciate it.

    submitted by /u/francis105d1
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    #LightningNetwork is the antithesis to #Bitcoin. If there ever was an "I owe you" to "Really, really, 100 ExaHash really, yours" spectrum of ownership, LN transactions would sit on the far left at "IOU" max, while Bitcoin transactions would sit on the far right at "Finality" max.

    Posted: 09 Jul 2021 06:11 AM PDT

    Bitcoin BTC/USD Moves Close to $34,000 Level

    Posted: 09 Jul 2021 11:38 PM PDT

    Can someone ELI5 why any average joe would ever use DeFI loans?

    Posted: 09 Jul 2021 03:27 AM PDT

    I mean, in a normal loan, you get the loan because you don't have the money to pay for the thing outright (eg car, mortgage, etc).

    If you had the money, it would be cheaper in the long term to just buy the thing, because then you don't have to pay interest.

    ​

    But with DeFI, you have to put up collateral >= the value of the loan you receive.

    So you must already have the money.

    ​

    I understand how this can be useful for speculators who'd want to take advantage of price changes of the collateral token vs the loan token, but DeFI is always pitched as a way to empower the averge joe to not be dependent on banks for these financial services.

    So how would this work for anything other than speculation?

    submitted by /u/CleanThroughMyJorts
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    Investment in Cryptocurrencies Quickly Increase Your Wealth

    Posted: 10 Jul 2021 01:10 AM PDT

    Some news on Bitcoin and Mining for the past weeks

    Posted: 09 Jul 2021 08:45 PM PDT
    Read more
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