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    Home Unlabelled BTC ETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Development

    BTC ETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Development

    October 16, 2021

    BTC ETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Development

    ETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Development

    Posted: 15 Oct 2021 09:08 PM PDT

    Tether Apologist

    Posted: 15 Oct 2021 03:42 PM PDT

    Bitcoin was always supposed to hard fork to increase it's block size

    Posted: 15 Oct 2021 01:18 PM PDT

    "It can be phased in, like:

    if (blocknumber > 115000)

    maxblocksize = largerlimit
    It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.

    When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade. "

    ​

    This is a hard fork. I don't see anything anywhere about a SegWit hack, or a soft fork as they call it. The nodes who wouldn't upgrade would split themselves from the chain.

    Bitcoin was always supposed to hard fork into a version with a larger block.

    submitted by /u/Kazakkbdk
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    AntPool now reduced to 26% of BCH hash, down from a high of over 60% last month

    Posted: 15 Oct 2021 05:37 PM PDT

    Questions about helping out with Hybrix by running a validator node

    Posted: 15 Oct 2021 10:12 PM PDT

    Hey all,

    About two weeks ago, The suggestion was made by u/i_have_chosen_a_name that:

    People that run a BCH and SmartBCH full node can run a hybrix node and allocate BCH and smartBCH and make HY fees on volume.

    I have a couple of questions about running a validator node.

    Does simply running a validator node allow me to validate any chain? Or do I need run a BCH and SmartBCH full node in conjunction with the hybrix node? I don't see in the docs where I would be pointing the node to my BCH and SmartBCH nodes.

    Lastly, Do I need to hold BCH and/or SmartBCH in order to function as a validator? And further, do I need to allocate BCH and/or SmartBCH in order to function as a validator?

    References: - Whitepaper - Tokenomics for reference.

    submitted by /u/SMACz42
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    My Thoughts On The Cryptocurrencies Market

    Posted: 15 Oct 2021 01:49 PM PDT

    This is my personal opinion so take it as you please. The cryptocurrency market currently reminds me of the dotcom bubble. Allow me to elaborate some similarities between what I had observed in the cryptocurrency market today and what I had observed during the dotcom bubble.

    Back then, it seems obvious to me that the Internet will be part of the future. During my school days, I skipped lessons to learn HTML and backend coding on my own, through books and practice. Today, it is also obvious to me that cryptocurrencies will play a big part in our lives in the future. Again, I made some sacrifices to focus entirely on Bitcoin Cash.

    Now, just because the Internet is the future, that doesn't mean all Internet startups are going to flourish. As a matter of fact, the majority of Internet startups from the dotcom bubble failed. You never heard of them but many of them failed. Similarly, just because I think cryptocurrencies will be the future doesn't mean all cryptocurrencies are going to flourish. In fact, I would argue that the majority of cryptocurrencies today will fail and become worthless in the future.

    The valuation of dotcom companies back in those days just doesn't make sense. Back in those days, even if the dotcom companies doesn't produce any real value to society, they can still raise millions of dollars. I see the same thing today with cryptocurrencies. The valuation of some cryptocurrencies today just doesn't make sense. Some of them don't even have a working product! Some of them had exploits where the hacker made off with million dollars worth of crypto and yet the affected crypto price actually went up! When these sort of things happen, I have the impression that we are in a major bubble.

    The way the majority of cryptocurrencies move in the same direction also doesn't make sense. Imagine that prices of Microsoft, Apple, Facebook are tied to Evergrande and when the price of Evergrande moves up, the prices of Microsoft, Apple, and Facebook also goes up. And when Evergrande price goes down, the other stocks also goes down regardless of their actual value.

    As with all bubbles, it has to pop some day. And when it does, I believe that the PayPal or Amazon or eBay of the space will start to differentiate itself from the competitors. Similarly, I believe when the crypto bubble pops, Bitcoin Cash will start to differentiate itself from the competitors. I know some people may feel discouraged by the Bitcoin Cash price today but to me, it is an opportunity. During the dotcom bubble, you may feel discouraged if you were holding Amazon stocks. But for a great investor, those times are great opportunities.

    I have very little doubt that the price of Bitcoin Cash will surpass BTC within the next few years. In the meantime, I will just continue to accumulate Bitcoin Cash as my retirement plan. Other people see problems, I see opportunities and I hope you can see them too.

    Source: read.cash/@MobTwo/my-thoughts-on-the-cryptocurrencies-market-d976babb

    submitted by /u/MobTwo
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    I think people confuse “the company was fined for behavior 2.5 years ago” with “that means the company has been totally above board for the past 2.5 years and remains so today.” Nope, just means investigations and regulatory oversight and lawsuits + discovery continue.

    Posted: 15 Oct 2021 04:34 PM PDT

    Tether / Bitfinex Hit with a $42.5 Million Fine!!! ������✌️

    Posted: 15 Oct 2021 10:02 AM PDT

    Tether treated anticipated receivables as reserves: “Basically, print hundreds of millions of Tethers to liquidate someones short position, they get liquidated, and lose their collateral, now Tether gets paid the collateral”…

    Posted: 15 Oct 2021 02:54 PM PDT

    CoinFlex is paying over 44% APR interest on USDC deposits at the moment via their FLEXUSD token.

    Posted: 16 Oct 2021 01:46 AM PDT

    What y’all over here feel about this? Lol

    Posted: 16 Oct 2021 01:39 AM PDT

    CoinFlex orderbook for BCH

    Posted: 15 Oct 2021 11:47 AM PDT

    Flip comic: Which cryptocurrency do you need?

    Posted: 15 Oct 2021 01:05 PM PDT

    Now everybody says cheeeeese !!!

    Posted: 15 Oct 2021 10:11 AM PDT

    Governments have spent far too long distorting markets, imposing sanctions on trade and printing FIAT money. Bitcoin Cash is financial inclusion for everyone. Bitcoin Cash is Hope

    Posted: 15 Oct 2021 11:32 AM PDT

    Are any SmartBCH DEX's listed on CoinMarketCap.com?

    Posted: 15 Oct 2021 07:59 PM PDT

    Are any SmartBCH DEX's listed on CoinMarketCap.com?

    Cheers and Limitless Peace

    submitted by /u/MichaelTen
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    Is Tether connected to GME?

    Posted: 15 Oct 2021 07:45 PM PDT

    Is it possible to buy BTCs without an exchanger?

    Posted: 15 Oct 2021 12:14 PM PDT

    I don't get it !!!!

    So, I am using Binance Brazil to buy BTCs. My goal is not to trade but to have BTCs to be used in the future for something else. For this reason I am buying small amounts every month and transfering to my external hot wallet.

    Most of the Brazilian exchangers are charging 0.0004 BTC or 0.0005 BTC to withdraw.

    So, if I buy BRL 500 (Brazilian currency) in BTCs I will have 0.00078964 BTCs and to transfer to my hot wallet I will pay 0.0005 that is 63% !!! That is too much !

    Is it possible to buy BTCs without an exchanger? Meaning, from my hot wallet, can I buy BTCs directly from someone ?

    submitted by /u/mcgaleti
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    An honest question to the members of this sub re: moderating obvious fake accounts

    Posted: 15 Oct 2021 06:15 AM PDT

    Edit: see? They're even in this thread. Here's another.

    Please consider this recent post and its comments:

    https://www.reddit.com/r/btc/comments/q8kszk/cloud_protocol/

    First off, the post itself is off-topic spam, and should be removed for violating the rules in the sidebar. But setting that aside....

    100% of the comments are from brand new zero-karma accounts making their first comment ever. All of the comments are zero-effort. This is clearly paid comment spam.

    I recognize that this is merely "my subjective interpretation" of these accounts, but I ask the community in all honesty, why are mods allowed (even required) to use their subjective interpretation to remove top-level posts that are "spam" , but not allowed to remove these obviously fake shill accounts?

    Why is one subjective assessment "moderation" and the other "censorship?" Why do we tolerate obvious paid shill accounts, but not obvious paid shill posts?

    This is an honest question and I would appreciate honest discussion on the topic. Thank you.

    submitted by /u/jessquit
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    is there a way to use 15 dollars in bch?

    Posted: 15 Oct 2021 01:31 PM PDT

    I got 15 bux worth of bch and I want to use it cuz that's what's cash is for. Can someone help? It's too little to cash out my friend says his fees are like 11 dollars to cash out. I'm trying to get a 1T memory card

    submitted by /u/10YOredditandbitcoin
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    PSA: While BCH has hit $637 today, the BCHG fund is still sitting at $5.11 per share or in BCH terms a price of $559 per BCH. That is a difference of $78 below BCH market price which is 14% below market pricing.

    Posted: 15 Oct 2021 08:59 AM PDT

    CFTC Orders Tether and Bitfinex to Pay Fines Totaling $42.5 Million

    Posted: 15 Oct 2021 09:51 AM PDT

    It's Fusion Friday!

    Posted: 15 Oct 2021 07:04 AM PDT

    CashFusion is a tool that helps keep your transaction history private. Your finances are your business, and no one else's!

    Over 6.5 Million Bitcoin Cash has already been mixed using this innovative, non-custodial mixing protocol.

    https://stats.cash/#/fusion

    https://fusionstats.redteam.cash/

    You can "Fuse" all week for a few cents in fees if you want. This post is just a weekly reminder.

    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, send it some Bitcoin Cash, and 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. That is, it will start mixing your coins with other CashFusion users.

    "Fusions" happen over time as their own transactions. Each fusion transaction will include some of your coins*, so it will often take multiple fusion transactions before all the coins in your wallet are fused. Check "spend only fused coins" on the send tab if you want Electron Cash to prevent you from sending funds that haven't been made private yet.

    Electron Cash can keep fusing your coins forever, or it can aim for a certain number of fusions for each of your coins. Toggle this setting and choose the target number of fusions by right clicking the Fusion icon and then choosing "CashFusion Wallet Settings".

    Here's the CashFusion Telegram group where you are welcome to ask questions. (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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    A new proposed rule for this subreddit to combat commercial advertisement spam, borrowed from /r/Monero.

    Posted: 15 Oct 2021 08:16 AM PDT

    As /u/Rucknium pointed out to me lately, this sub has really no way to stop blatant advertisement spam and that we should just borrow a rule from /r/Monero for a "quick fix".

    The rule says:

    "If you have any affiliation with an exchange, product or service that's being discussed, you must disclose that information. Advertisement can occur every two weeks at most."

    In order to decrease the workload for mods (which will be very heavy anyway), I suggest a small change:

    "If you have any affiliation with an exchange, product or service that you posted/linked, you must disclose that information within 1 hours of posting such an ad. Advertisement can occur every two weeks at most."

    My suggestion is that the poster should have up to 1 hour after the post is submitted to subreddit to reveal his affiliation in the post itself or in a first comment. If the poster does not do so or the advertisement happens more often than 1 time in 2 weeks, the post will be removed.

    Please vote on this matter by stating your opinions below.

    Just upvote/downvote is not counted as an actual opinion, please actually use written opinions.

    submitted by /u/ShadowOfHarbringer
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    Bitcoin - new gold

    Posted: 16 Oct 2021 01:15 AM PDT

    I found this article interesting https://markets.businessinsider.com/news/stocks/bitcoin-may-very-well-become-the-new-gold-1030865899

    and though of some translation for crypto enthusiast with good heart but lack of knowledge about market reality.

    Gold is becoming Tier 1 asset due to Basel III regulations, that means banks will no longer be allowed to finance their liabilities with paper assets, these will have to be now >85% physical. This is causing massive buying of gold by all central banks at hugely discounted price comparing to M1 money supply. Obviously there isnt enough physical available to cover just a fraction of paper gold.

    The price suppression is achieved by combining the real physical gold with paper derivatives in 1:100+ ratio used in short selling at artificially low prices. This process is something that may come to BTC with creation of new ETF and futures market: https://www.reddit.com/r/Bitcoin/comments/q4k2bl/jpmorgan_and_soros_are_now_into_btc_beware/

    US and EU are already compliant with Basel III and the last bastion of global price manipulation in London due for compliance in Jan 22. It is obvious there is not enough physical gold to sustain trading volume required for ongoing suppression and if in January the main market makers: Barclays, HSBC, Standard Charted, JPM are not compliant, will be penalized by regulator.

    Gold business is fading away so what comes next for speculative capital? This feels like possibility for BTC to replace Gold or precisely paper BTC could replace paper Gold.

    Forget about all characteristics of crypto or fact its digital, hassle free. Derivative is derivative it has no encryption key or hash and if paper volume becomes dominant, complete price control becomes reality.

    Remember that bullion banks , which are custodian of smaller funds (citadel etc) are all together working for FED and other central banks, ensuring their flagship product (fiat currency) maintains purchasing power. Price of BTC will be set to suit central banks agenda.

    Btw. When the time comes gold and silver (even more suppressed) will be re-valued to cement demise of fiat currencies.

    ATB

    submitted by /u/Harkonnen_Baron
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