• Breaking News

    Thursday, November 4, 2021

    BTC Defi Losing Track of Its Core Vision as It Gradually Resembles the Very Idea It Aspired to Change – Op-Ed Bitcoin News

    BTC Defi Losing Track of Its Core Vision as It Gradually Resembles the Very Idea It Aspired to Change – Op-Ed Bitcoin News


    Defi Losing Track of Its Core Vision as It Gradually Resembles the Very Idea It Aspired to Change – Op-Ed Bitcoin News

    Posted: 03 Nov 2021 11:30 PM PDT

    A new NFT exchange build on smartBCH is launching this Friday: OASIS

    Posted: 03 Nov 2021 05:13 PM PDT

    The evolution of money.

    Posted: 03 Nov 2021 12:12 PM PDT

    Subtipper has just tipped the top posts for this community! [03:15 GMT November 04, 2021]

    Posted: 03 Nov 2021 08:15 PM PDT

    Thanks to all posters for providing great content!

    The top posts since the last payout (~1 week) have been tipped 1 US cent per vote, or 1636 sats per vote.

    For an explanation of Subtipper and how it works, please see this article.

     

    Winning posts:


    Scam coins by u/Anen-o-me

    [tip] - 847448 sats = 0.00847448 BCH = ~5.18 USD


    Happy Birthday Bitcoin! by u/Egon_1

    [tip] - 296116 sats = 0.00296116 BCH = ~1.81 USD


    This is the 'why' of cryptocurrency by u/Anen-o-me

    [tip] - 253580 sats = 0.00253580 BCH = ~1.55 USD


    The price of btc pumped in early October. Someone bought 1.6 billion worth of btc in one lump on 6th October in under five minutes using tether to buy the coins on Binance, tethers that had been freshly created and deployed to the exchange a few days earlier by u/user4morethan2mins

    [tip] - 237220 sats = 0.00237220 BCH = ~1.45 USD


    I made a few simple Bitcoin Cash Twitter headers for the community [1500x500] by u/sikeig

    [tip] - 237220 sats = 0.00237220 BCH = ~1.45 USD


    Andrew Yang Reveals His Political Party Will be Pro Crypto by u/nehruulto6

    [tip] - 227404 sats = 0.00227404 BCH = ~1.39 USD


    Forgot my card and cash. No worries, found merchant and paid with BitcoinCasH by u/user4morethan2mins

    [tip] - 194684 sats = 0.00194684 BCH = ~1.19 USD


    Too good not to share! by u/fintechanalyzer

    [tip] - 189776 sats = 0.00189776 BCH = ~1.16 USD


    Hilarious turn of events, guys. So this erm "Lightning Network Proponent" that is very active in our subreddit, accuses us of censoring Lightning Network tipbot. It turns out the author of the bot disabled it in our subreddit himself! by u/ShadowOfHarbringer

    [tip] - 186504 sats = 0.00186504 BCH = ~1.14 USD


    I have been holding BCH since the BTC fork and I never sold until... today by u/blueskies75

    [tip] - 137424 sats = 0.00137424 BCH = ~0.84 USD


     

    Tips not claimed within 7 days will be returned to the Subtipper fund and tipped out to future posts.

     

    To support this bot, help spread Bitcoin Cash, and encourage great content in the r/btc community, tip this post using Chaintip by including u/chaintip in your comment!

    Thanks!

    Note: this payout event was triggered by block 712509, which was mined more than 3 days since the last event and has the last three hex digits of its hash (joined as a number) strictly smaller than 7. The BCH price at the time of activation was $611.16

    submitted by /u/rbtc-tipper
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    Tong Jerky Discount for Bitcoin users

    Posted: 03 Nov 2021 03:46 PM PDT

    We at Tong Jerky have been accepting Bitcoin for over 3 years now. We are proud to be part of the crypto community no matter which way the market is going.

    As a thank you for your continued support we would like to extend a special discount for everyone in the community.

    We will continue to be adapters and support the community and projects as best we can.

    For anyone interested, they can visit out site at www.tongjerky.com and use the code "BTC" for 20% off.

    Thanks

    submitted by /u/tngcoin
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    What the people who want to get a Shiba Inu, Lambo and Moon don't undertand is that only 0.5% of them will get the Lambo. The rest will lose their invested money and mortgaged houses.

    Posted: 04 Nov 2021 01:36 AM PDT

    There, I said it.

    submitted by /u/ShadowOfHarbringer
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    A joint report by JP Morgan Chase and Oliver Wyman points out that the use of central bank digital currencies for cross-border payments can save more than US$100 billion in transaction costs each year

    Posted: 03 Nov 2021 08:43 PM PDT

    According to news from the chain, JPMorgan and the consulting firm Oliver Wyman jointly issued a report on central bank digital currency (CBDC). The report pointed out that the use of central bank digital currency for cross-border payments can save global companies more than 100 billion US dollars each year. transaction cost. The report estimates that in cross-border payments of nearly US$24 trillion each year, banks incur a total transaction cost of more than 120 billion, excluding hidden costs such as liquidity lock-in and delayed settlement.

    submitted by /u/DraftSolid3048
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    Electron Cash Mobile Wallets UI/UX Survey Results Fall 2021

    Posted: 03 Nov 2021 08:43 AM PDT

    During the last month, we conducted a usability survey for the Electron Cash mobile wallets. We received 22 complete responses to the survey.

    You can review the raw results here:

    82.1% tested Android and 17.9% tested iOS.

    Financial Disposition

    Approximately $1050 USD in BCH was paid out for this initial round of usability testing.

    $500 in BCH came out of the Panmoni/BitcoinCash.site budget to pay for testing in Caracas Venezuela, specifically the production of the over-the-shoulder videos.

    11 additional payments were made from Panmoni/BitcoinCash.site for remote testing, totaling 0.93675216 BCH, approximately $550 USD.

    0.65913062 BCH was donated via r/btc chaintips. Thank you u/dadoj, u/fshinetop, u/sanch_o_panza, u/ErdoganTalk, u/darkbluebrilliance, u/moleccc and u/rshap1.

    This leaves a shortfall of -0.27762154 BCH which Panmoni/BitcoinCash.site will cover. Chaintips are welcome and appreciated to help us defray this expense.

    My Analysis

    This is only my analysis. Your analysis is very much welcome, needed and appreciated in the comments. Use the wallet and let us know. Review the raw data and share your thoughts please. It all helps.

    • The wallet is fast and basic.
    • The onboarding flow asks you to do too much without giving you enough motivation to do it. Asking people after the new wallet screen if they want a new wallet or to restore stumps them a bit. It sends you into a black hole without context. The UI of this is also a bit unconventional, as it essentially pops up a window, then pops up another one within that. It's clunky.
    • How to send and receive on Android is far from clear.
    • The UI should be unified across platforms otherwise we have to create double the tutorials.
    • Everything is fine for power users but is very far from being newbie-friendly. Lots of complexity is exposed to newbies that overwhelms them.
    • There was some difficulty finding the recovery phrase. Having to go through the xpub to get the recovery phrase is unexpected.
    • If the request screen is open, and a payment comes in, there appears to be no notification. In fact, notifications in general seem to be broken or at least meaningless.
    • There is a request to create a self-hosted F-Droid repo which sounds like a good idea
    • There is a consensus that the UI particularly on Android is inadequate. Icons are unclear. Actions sometimes do the same thing. It is not newbie-friendly. Transaction list doesn't show enough data and re-orders unexpectedly. The learning curve is too high.
    • Balance is not affected for unconfirmed transactions.
    • The addresses, network and request screens frequently confused testers.
    • There is a bug with the seed phrase word "car" on iOS.
    • SLP support was requested.
    • Multisig issues are reported.

    Next Steps

    The goal remains to give the Electron Cash mobile wallets an overall polish but not get too deep into the weeds at this time.

    • A competitive analysis is still pending in which we review other wallets on the market, contrast them with EC and extract best practices.
    • Examine app store reviews and extract ideas from there.
    • Identify the overall adoption strategy for this wallet, which will inevitably influence design decisions.
    • Generate requirements and define scope.
    • Have a UI/UX person or team create mockups of a new design so we can then get community feedback. Thankfully, we have Cameren on board for this.

    The team for this project remains small, as does its budget. If you would like to join us, please reach out with your interests and qualifications to [george@panmoni.com](mailto:george@panmoni.com) or https://t.me/georgedonnelly.

    Thank You

    • Thank you to the 22 testers, to others who have given feedback, and to those who waited patiently for their payments.
    • Thanks to Jonald for supporting this and to Cameren for giving me direction on how to get this going.
    • Thanks to Jose Araujo in Caracas who ran the usability testing there and produced the 10 over-the-shoulder videos.
    • Thanks to u/dadoj, u/fshinetop, u/sanch_o_panza, u/ErdoganTalk, u/darkbluebrilliance, u/moleccc and u/rshap1 for defraying the cost of the testing with chaintips.

    Let's keep building Bitcoin Cash!

    submitted by /u/georgedonnelly
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    Banking with SmartBCH DeFi. My investment journey. $7000.00 in the line. Mist Swap token investment.

    Posted: 03 Nov 2021 06:02 PM PDT

    The Bitcoin Cash Podcast #31: Clip Review Mark Cuban & SwizzBeatz

    Posted: 03 Nov 2021 12:35 PM PDT

    Update BCH logo to advertise EVM capability.

    Posted: 03 Nov 2021 10:06 AM PDT

    It seems nobody outside of BCH is talking about smartBCH.

    I try to mention it on various Youtube channels but get zero response.

    Clicking on BCH in Coingecko or Coinmarketcap makes no mention of this new functionality. or links to any smartBCH websites.

    A new logo with a smart tweak would be a way of getting round the news black out.

    submitted by /u/stewbits22
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    NFT gaming with play to ern role | Metaverse $WARS

    Posted: 03 Nov 2021 09:10 PM PDT

    r/btc is targeted by Tether / Bitfinex sockpuppet accounts

    Posted: 03 Nov 2021 07:38 AM PDT

    Lockton insurance has no record of kucoin or it's affiliates as described on thier website and in press releases. Kucoin promised an audit and won't give us the audit or insurance info. Wtf

    Posted: 04 Nov 2021 02:14 AM PDT

    Only an idiot would price goods and services in Enron stock

    Posted: 03 Nov 2021 09:05 AM PDT

    A couple days ago we had a troll here posting about how BCH had failed because its price relative to the massive BTC Ponzi scam had dropped.

    Now obviously that user was just a naive idiot or a troll but for everyone else please understand that pricing one good or investment relative to another after the fact makes no sense especially when one is being wildly manipulated.

    Bitcoin works best with it works as peer-to-peer digital cash. The legacy DTC core chain has failed and now all those users can do to keep the scam going it's to lie to convince new users and manipulate wherever they can to push people away from the idea of peer-to-peer cash and towards their legacy banking coins

    submitted by /u/Swimming_In_Cum
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    Joystick.club's Reward Token (JOY SLP) passed GOC, ACD, PSF, and SAI SLP Tokens in on-chain transactions!

    Posted: 03 Nov 2021 07:15 AM PDT

    Joystick.club has seen tremendous growth from gamers all over the world since announcing our SmartBCH token.

    Our SLP token token pays out 10-50 Rewards based on gameplay performance every 15-20 Minutes. Try out the games inside the Bitcoin.com Wallet or by visiting Joystick.club in a browser. There has now been over 6800 JOY transactions (SLP)!

    Thank you everyone in the Bitcoin Cash community!

    Make JOY, not war!

    submitted by /u/amalektricity
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    Wanting to add more smartBCH to my wallet.

    Posted: 03 Nov 2021 08:08 AM PDT

    CommBank to offer BCH, BTC, ETH AND LTC Ethereum investment via app - The Australian The Australian Crypto assets are poised to enter the mainstream financial system, with Commonwealth Bank becoming the nations first retail bank in Australia to offer this

    Posted: 03 Nov 2021 04:21 AM PDT

    What's the better move

    Posted: 03 Nov 2021 02:49 PM PDT

    New to crypto and I wanted to get some BTC but I see its around its highest. I have $1,000 to mess with Should I DCA with small amounts of that $1,000 or should I just put the whole $1000 in. What is the better move as of right now?

    submitted by /u/DrakeVoice
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    Coinbase is testing a subscription service with zero trading fees and prioritized support

    Posted: 03 Nov 2021 08:48 AM PDT

    Bitcoin addresses with 0.01 BTC hit a new ATH

    Posted: 03 Nov 2021 04:35 PM PDT

    SLP Indexer questions

    Posted: 03 Nov 2021 12:39 PM PDT

    Hello I am experimenting with SLP and I saw this from Bitcoin.com (https://developer.bitcoin.com/slp-indexer/)

    I have two questions:

    1) Can I run this on a low end server or raspberry pi 4? My token will have close to zero transactions per day. It's more like a test. But I guess the server has to analyse all blocks and all transactions, so idk if I will need a t3.medium or something worst could work

    2) Are there any public nodes available? If yes, which are the most reliable? I don't want to run mine to reduce costs if posible.

    Thanks for the help

    submitted by /u/daken15
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    Future generations perspective on Cryptocurrency

    Posted: 03 Nov 2021 07:40 PM PDT

    The current modern world is glued to their internet connection points. Cryptocurrency works because we make it work. We value cryptocurrency now and devalue the past forms of currency. We and our currency will eventually become the past.. Does the future value the present (their past) more or less?

    My point being I see the future devaluing the very thing we are working to create. A new currency will reign supreme, what does that look like? Or does Bitcoin reign forever? Do we enter a forever exchange of cryptocurrency camps? Thoughts? Opinions? Discussions?

    submitted by /u/CurvyGorilla202
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