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    Home Unlabelled BTC Fun fact - I have been putting "remind me 1 year" responses to a lot of negative comments about BCH. Reminders are coming due and so far 3 out of 3 of those users are now [deleted].

    BTC Fun fact - I have been putting "remind me 1 year" responses to a lot of negative comments about BCH. Reminders are coming due and so far 3 out of 3 of those users are now [deleted].

    August 13, 2021

    BTC Fun fact - I have been putting "remind me 1 year" responses to a lot of negative comments about BCH. Reminders are coming due and so far 3 out of 3 of those users are now [deleted].

    Fun fact - I have been putting "remind me 1 year" responses to a lot of negative comments about BCH. Reminders are coming due and so far 3 out of 3 of those users are now [deleted].

    Posted: 12 Aug 2021 10:37 PM PDT

    There is a propaganda machine working against peer-to-peer electronic cash system known as Bitcoin. And they KNOW its Bitcoin Cash.

    submitted by /u/mrtest001
    [link] [comments]

    Rational Reasons to choose BCH over BTC

    Posted: 12 Aug 2021 08:32 PM PDT

    Every good feature you like about BTC, BCH has. It is Bitcoin after all. Think of BCH as BTC with:

    • a bigger block size
    • RBF removed (bigger block size means its not needed) and
    • 0-conf being feasible (therefore making majority of transactions instant)

    ​

    In terms of scarcity: BCH is as scarced as BTC. In fact there are reasons to believe its even scarcer since not everyone who owns bitcoin at the time claims their BCH and has since lost their keys. Since the fork, 4 million BTC addresses havent moved, as oppose to 5 million BCH addresses.

    ​

    The only thing BCH falling behind at the moment is hashrate & price. But Hash rate is a function of price. Price we all know can be manipulated.

    ​

    Remember market is currently measured in USDT not "real" USD. The company behind USDT are in bed with BlockStream the single development company behind BTC. It is publicly known the companies are invested in each other.

    ​

    Price however does have feedback loops so it might be possible to kill BCH through price manipulation. However, BCH is still around ... so HOW? Because Bitcoin BCH is P2P CASH, a medium of exchange perse. A medium of exchange when you think about it CAN WORK at ANY PRICE.

    ​

    Words from the grapevine is that Government don't like Bitcoin, thats why it was attacked technologically via BlockStream to reduce BITCOIN from P2P CASH Medium of Exchange into a "Store of Value". What they didn't expect was that the community would retaliate with their own fork to keep BITCOIN as P2P CASH. Hence BCH comes into existence.

    ​

    At the moment the attack on BITCOIN is an ECONOMIC attack via price manipulation and price feedback loops to reduce Bitcoin P2P CASH into irrelevance. Bitcoin survived the technological Attack, can it survive the economic attack? The story is now playing LIVE and YOU can PARTICIPATE.

    ​

    There are various reasons as to why BCH will win out in the end. You can find out more by researching the various sub. To keep it short: its the better Bitcoin.

    ​

    I have my own reasons as to why I believe BCH will win out in the end and why I'm also heavily invested in it. Rationale goes like this.

    • World is becoming multipolar. Balance of power across major nation states.
    • Centrals Banks of each nation will need to compete with each other. They want their national currencies to be accepted globally.
    • CBDC on a private network will not be globablly adopted. Too much distrusts between nations.
    • CBDC on a public blockchain however is a different story. Details as to why this is a different beast and can be widely adopted I'll leave the reader to think.

    ​

    Thus the question becomes which public blockchains can be used to host CDBC and scale for global transactions.

    • BTC/Lightning? Not a chance. LOL.
    • TRX? Fails the "public" criteria.
    • ETH and ERC20? Fails the scalabity test. But maybe OK with ETH 2.0.
    • Good Bet: BCH + PMv3 + Even bigger blocks.

    ​

    While BCH P2P CASH can exists on its own without governments, do remember that it is a permissionless blockchain, meaning there's nothing stopping Government to hitch a ride and use it to issue their CBDC and inventing incentives for you to use their CBDC on the BCH Network.

    submitted by /u/1bch1musd
    [link] [comments]

    CashFusion seems to take a lot of time.

    Posted: 12 Aug 2021 11:21 PM PDT

    CashFusion seems to take a lot of time.

    I left the program running on my computer and it seems like only 1 mix has been completed out of 10, and all others say waiting for full tiers.

    ​

    https://preview.redd.it/9r4zklcaj2h71.png?width=1280&format=png&auto=webp&s=cb862f4956d0f8e91297fe453ee8e28f4923dd85

    submitted by /u/francis105d1
    [link] [comments]

    "McAfee shouldn't have spent a single day in prison"

    Posted: 12 Aug 2021 06:19 PM PDT

    Bitcoin SV rocked by fifth 51% attack, serial culprit attempts double spends

    Posted: 12 Aug 2021 11:34 AM PDT

    Who's interests does crypto media serve? Yours? Or the "market makers?"

    Posted: 12 Aug 2021 06:19 PM PDT

    BTC fees will need to be $4482.58 per TX just to match Bitcoin Cash's security when BCH is electronic cash for the world.

    Posted: 12 Aug 2021 07:04 PM PDT

    Bitcoin Cash aims to become electronic cash for the world.

    BCH is presently scaling to 10 billion people each conducting 50 transactions per day and thus will be secured by fees of $6.94M/block (Calculation 10B x 50 x $0.002 / 24hrs / 6 blocks/hr).

    By comparison, this is 25.16 times today's BTC fees and block rewards *combined* ($276,074.55)! (Calculation $6.94M/$276,074.55)

    For BTC to just match this level of BCH security, BTC transaction fees would need to exceed $4482 per transaction! (Calculation 25.16 x $276,074.55 / 1550.37)

    Question: How does BTC expect to compete with 10B people conducting commerce at $0.002/TX enjoying 25 times the security of BTC today given BCH is also uncongested, highly reliable, and incredibly fast, not to mention a superior (25x) store-of-value?

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

    RyverAsia: New T-shirts and new Bitcoin Cash adventures coming Up. Dream it, Wish it and Do it!

    Posted: 12 Aug 2021 11:19 PM PDT

    You Can Support the BitcoinCash Nigeria Flipstarter From Causes.Cash From your Bitcoin.com wallet ��

    Posted: 13 Aug 2021 01:53 AM PDT

    Tether: "The accountant’s assurance is limited to one day"

    Posted: 12 Aug 2021 06:46 PM PDT

    Privacy with Bitcoin Cash.

    Posted: 12 Aug 2021 09:58 PM PDT

    Early-stage U.S. House bill would ban CoinJoined coins from CEXs (Unlikely to become law)

    Posted: 12 Aug 2021 12:10 PM PDT

    This information comes from Monero friendlies. BCH🤝XMR

    On July 28, 2021 U.S. House Representative Donald Beyer Jr. (Virginia 8th district, Democrat) introduced H.R. 4741: Digital Asset Market Structure and Investor Protection Act. It appears that this bill is unlikely to become law. More on that later. First, the parts of the bill that may impact BCH's CashFusion CoinJoin privacy-enhancing protocol:

    ​

    (b) Purpose

    The purpose of the rule described in subsection (a) shall be to ensure that anonymizing services, money mule, and anonymity-enhanced convertible virtual currencies are not used to prevent association of an individual customer with the movement of a digital asset, digital asset security, or virtual currency of which the customer is the direct or beneficial owner.

    (c) Requirements

    The rule described in subsection (a) shall—

    (1) require any financial institution to prohibit any person from engaging in any transactions that involves digital assets or digital asset securities and—

    (A) anonymizing services;

    (B) money mules; or

    (C) anonymity-enhanced convertible virtual currencies;

    [....]

    In this section, the term 'virtualcurrency', 'anonymizing service', 'money mule', and 'anonymity-enhanced convertible virtual currency' have the meanings given such terms by the Secretary of the Treasury, acting through the Financial Crimes Enforcement Network.

    We are still working on determining where the Secretary of Treasury defines these terms, if they have even been defined yet.

    CashFusion may be affected by this since it could be considered an anonymizing service. Therefore, centralized exchanges like Coinbase, Kraken, Binance, Gemini, etc. might refused coins that have gone through a CashFusion transaction.

    The good news is that this bill will likely not become law. Members of Congress introduce bills that will never be enacted all the time. It is sort of a way to show to their voters and lobbyists that they are working on issues. They may also try to insert pieces of their bills into larger bills as amendments.

    This bill has no co-sponsors, so no other member of Congress has gone on the record as supporting it. It has only been submitted to the Committee on Financial Services, the Committee on Agriculture, and the Committee on Ways and Means. This is the beginning of a long process of edits, hearings, and votes before it even gets to the floor for a final vote -- and then it would need to pass the Senate hurdle. In addition, it is very difficult to get any legislation through Congress right now since the Republicans and Democrats are so at odds with each other, and the Democrats have a weak governing coalition.

    Finally, the GovTrack "prognosis" says "4% chance of being enacted according to Skopos Labs." I have never seen a prognosis percentage like this before, so it may be new -- and I don't know what it's based on. But I guess the algorithm, whatever it is, agrees that it is unlikely to pass. Pieces of the bill could still show up as attempted amendments to other bills, however.

    So, don't worry too much (yet). I'm posting this now to get ahead of any rumors that may start about this bill. I used to work in policy so I'm in a pretty good position to interpret the chances of this bill and the process for it possibly becoming law.

    EDIT: The GovTrack info and the bill text itself was inconsistent about whether it had been referred to a committee. I edited the post to say that it had been referred to committees, since the bill text said it had been.

    EDIT2: If I had to write the post title again, I probably would have said "would likely ban..." since interpretation of law can be complicated.

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

    Is SatoshiDice.com Still Fair?

    Posted: 12 Aug 2021 01:58 PM PDT

    Is SatoshiDice.com Still Fair?

    On 20th July, Satoshidice made a big change on their website by decreasing the winning number drastically.

    Following are the changes:

    https://preview.redd.it/spgcqbnwpzg71.jpg?width=739&format=pjpg&auto=webp&s=b3cdf40102a639ac8cc44a799bfebcb663284c41

    As a daily player, I notice that one of the player was winning almost 50+ BCH per day from betting on x25, x3 and 1.5.

    During the time Satoshi Dice had around 450 BCH in their wallet, and as the player was aiming for max win return (10 BCH). Therefore, in 4-to-5-day course the player cleared out the Satoshi Dice wallet to around 5 BCH and transferred to his address.

    NOTE: This is the player address: "qz37fjswavhu2q88eu5y378kfnl752xul5vf23wnua"

    https://blockchair.com/bitcoin-cash/address/qz37fjswavhu2q88eu5y378kfnl752xul5vf23wnua

    I do play and observe the site on daily basis and notice a significant change on site as none of the players seems to get back their own initials on their bets. – See attached image (captured on: 12/08/2021)

    ​

    https://preview.redd.it/bpresfnypzg71.jpg?width=942&format=pjpg&auto=webp&s=974878138919747c71d3ca67e955e1e83dfccd08

    https://preview.redd.it/xot4fgk0qzg71.jpg?width=935&format=pjpg&auto=webp&s=9a8f351c6559e77fa33ec8d4154fe1b342a9085b

    The reason my claim for this is because after the changes in the site, the same player lost around 80% of their winning in just few days which helped Satoshi dice recovered more than the amount they lost in less than a week. Currently they have 520+ BCH in their main wallet.

    SatoshiDice Main_Wallet =

    https://blockchair.com/bitcoin-cash/address/qz9cq5m250zxqfvvm2p5hp4yv7rung4shukgcguxjd

    Since the changes has been made, it seems like the dice is no longer fair.

    To support my claim on this, I tried to dig deeper and captured my own live bets on which I found the number has been decreased also, does not match the percent shown on the website.

    The followings are the win rates before and after the changes made on site:

    % Shown in site for x1000= 0.10%

    % Captured on live bet for x1000 = % Before changes = 0.000991

    % Captured on live bet for x1000 = % After changes = 0.000976

    As seen above, the site shows 0.10% winning change in x1000, however my research on it shows the winning percent was only "0.000991" before the changes were made but, after the changes even though the number did not change a lot "0.000976" it is not fair to provide false information to players as it is no where near 0.10%.

    Please see the captured data information below: -

    % Captured on live bet for x1000 before the changes made on site:

    bet: 65

    betAmount: 0.002

    broadcasted: true

    depositTxHash: "8e893580e81f040dfcf6ff62f26b0fa4f10efd40e380440ab0a698dc89939bda"

    id: 2700486

    jackpotWin: 0

    jackpotWon: false

    overmax: false

    payout: 2

    payoutTxHash: "c11df44c4d331f27351ac1a965aa5c9584579a1862bb834fef1638de73e3c53d"

    paytable: 28

    playerAddress: "1HEzMdNN6t48zCzef5qJhBDP6fp8TbftJH"

    progressiveContribution: 0

    randomSeed: "3f6f53efe94c31f524dbad8d639ad99fa53b33042cc4ca0f84e17e65f42acb27"

    refunded: 0

    roll: 47

    serverSeedHash: "277ca0b480f1937d9c7def989b1d315a65e1267b0d43af16747b9ce9b26074a3"

    status: 3

    timestamp: "Jan 12, 2021 6:20:54 AM"

    timestampUnix: 1610432454694

    valid: true

    vout: 0

    win: true

    winChance: 0.000991

    type: "event"

    % Captured on live bet for x1000 after the changes made on site:

    {

    "game": {

    "serverSeedHash": "6624aa45d902233a0a34bff96b6fc9fd114534a5d87a0d0dcb3e275767e1b240",

    "winChance": 0.000976,

    "overmax": false,

    "roll": 9,

    "payout": 1,

    "broadcasted": true,

    "payoutTxHash": "0b619bfa8cefd8e820f92812ecd7a5e382089560127a8db12cfdb0d652571c86",

    "playerAddress": "1E8z59uZLm7kFXpDbGUqg752pJAbyF53o5",

    "paytable": 41,

    "vout": 2640,

    "randomSeed": "c999348a0a9eb3668f96b8c28211f07a658a2cb84c76076e7bdaa8d50a7946b7",

    "bet": 64,

    "valid": true,

    "jackpotWin": 0,

    "betAmount": 0.001,

    "timestampUnix": 1628339753572,

    "progressiveContribution": 0,

    "jackpotWon": false,

    "refunded": 0,

    "id": 6410319,

    "depositTxHash": "4be7a7a2c0165796eddb6cc653ec52e6a2504c9603f931fe8716facc0e5a3e3d",

    "win": true,

    "status": 3,

    "timestamp": "Aug 7, 2021 12:35:53 PM"

    },

    "type": "event"

    }

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

    SCOOP: Tether minted most USDT to just 2 firms: Alameda Research and Cumberland Global

    Posted: 12 Aug 2021 08:18 AM PDT

    "BTC is stuck in a nostalgic fantasy of their past Rejecting innovation & its own original defining principles No longer Electronic Cash, no longer inexpensive All pillars of the whitepaper knocked down, shows how far BTC has fallen..."

    Posted: 12 Aug 2021 04:45 AM PDT

    Earn BCH Making "Bitcoin Cash is Money" Videos

    Posted: 12 Aug 2021 01:30 PM PDT

    $111 Million BTC Lightning Network Vs Bitcoin Cash Challenge #Bitcoin #B...

    Posted: 12 Aug 2021 04:15 AM PDT

    Btc propaganda machine exposes itself. "They’re longing for the latest bill not to pass because it exposes the myth that btc is 100% detached from legacy power structures."

    Posted: 12 Aug 2021 10:55 AM PDT

    How to access a wallet in Electron Cash from a JSON file?

    Posted: 12 Aug 2021 01:20 PM PDT

    Title. Got a JSON file of a BCH wallet but have never restored from a file before.

    submitted by /u/doramas89
    [link] [comments]

    "The #1 reason I'm bearish on #Bitcoin is because of how dependant the market is on Tether, aka fake money. Without Tether injecting billions of unbacked dollars to prop up Bitcoin's price, it wouldn't be worth even a fraction of what it is today. Few understand this."

    Posted: 12 Aug 2021 06:36 AM PDT

    The Future of Bitcoin Cash Twitter Spaces conversation starting now. Everyone is welcome!

    Posted: 12 Aug 2021 07:58 AM PDT

    Speech to Onboard BCH marchant!

    Posted: 12 Aug 2021 06:56 AM PDT

    Options for File Sharing?

    Posted: 12 Aug 2021 11:14 AM PDT

    Working on an NFT project, and I would like for users to be able to directly upload music or video content:

    Do you guys know of any good tools for direct file sharing ? The goal is for users to be able to upload content for us to receive directly, without their being any middleman.

    Knowing how the crypto community feels about certain cloud platforms like Dropbox or Google, We were hoping that someone in the space would have an alternative.

    At best, we would like something where the user can simply click and upload and we receive notification of that on our end! Thanks a lot!

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

    Most of the world's 100 largest banks are exposed to cryptocurrencies

    Posted: 12 Aug 2021 09:47 PM PDT

    According to a recent survey by Block data, most of the world's 100 largest banks already embrace cryptocurrencies. Apparently, the era of banks fighting cryptocurrencies development is shifting to the famous: "if you can't beat them, join them."

    Of the 100 largest banks, 55 are already exposed to cryptocurrencies or blockchain. Also according to the study, the form of exposure found is through investment in companies in the segment.

    everybody wants a piece

    It is possible that the new trend is not a union movement between cryptocurrencies and banks. It may actually be banking institutions wanting to have a share of this new market.

    Major supporters of companies involved in cryptocurrencies and blockchain include Barclays, Citigroup, and Goldman Sachs. In addition to these big names, JPMorgan Chase & Co and BNP Paribas are also on the list.

    Importantly, JPMorgan and Goldman Sachs were once harsh critics of Bitcoin and other cryptocurrencies. However, now they see opportunities in this market.

    One of the big focuses of banks when investing in digital currency companies is custody. Cointelegraph claims that about 25% of the world's top 100 banks are developing custody solutions or investing in startups focused on that goal.

    The report also lists three main factors behind banking appetite. The first was the high profits exhibited by the development of cryptocurrency-related startups, possibly related to the recent market boom.

    The second was the regulatory advances made in recent months. Despite splitting opinions, for better or worse, the cryptocurrency market is becoming clearer territory.

    Finally, the third reason is related to demand. Investors want exposure to cryptocurrencies through large banks. In this scenario, large banking institutions saw a scenario where it would be possible to profit from this demand.

    In Brazil, Itau is an example of a banking institution that offers exposure to cryptocurrencies through Hashdex funds.

    Another significant point involves profits and workforce application. Although it employs only 4% of the entire Goldman Sachs workforce, Coinbase owns half the market value of the banking giant.

    submitted by /u/yokesh351
    [link] [comments]

    I just made some cash fusion and cash shuffle transactions.

    Posted: 12 Aug 2021 02:50 AM PDT

    I just made some cash fusion and cash shuffle transactions.

    It is good to learn new things and now that I know how things work I pretty much know exactly when I am going to use those tools and how. It is not hard to do it, you just need to wait but now I know that I can have some privacy in mind.

    But the point of using cash fusion and cash shuffle is to avoid exchanges in the first with KYC, and if you must use that you must also move your coins at least some 6 times from wallet to wallet before sending to exchange that way they don't flag you.

    It can be that exchanges may try to ban shuffle coins in the future, just because they can't track it and they must report you to your government.

    Cash fusion, cash shuffle, P2P exchanges, and DeFi for Bitcoin Cash and you don't need any KYC centralized exchange ever again.

    ​

    https://preview.redd.it/8z1ovvkhfwg71.png?width=1280&format=png&auto=webp&s=a6133a6db10720a3c993f62960bdb46cab3e38e7

    submitted by /u/francis105d1
    [link] [comments]
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