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Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to btc [link] [comments]

[Megathread] On August 1, 2017 at 6:12pm UTC (block 478559), a new altcoin called Bcash (BCH) has been created using Bitcoin's transaction history. Bitcoin itself continues to function normally.

What is happening?

In what has been touted as the culmination of a multi-year scaling debate, on August 1, 2017 at 6:12pm UTC (block 478559) a new altcoin was created from Bitcoin. The new altcoin is known as "Bcash" (BCH) or "Bitcoin Cash" (BCC) depending on which wallet/exchange you ask. In order to avoid confusion with actual Bitcoin and other altcoins, we recommend readers refer to the new altcoin as "Bcash" (BCH).
As with all altcoins, Bcash is technically off-topic for the /Bitcoin subreddit. However, Bcash was created based on Bitcoin's transaction history, and therefore all Bitcoin owners should be able to retrieve an equal amount of Bcash with some effort. Your Bitcoins are just as safe as they were before the chain split, but you should take care not to compromise your private keys if you wish to retrieve Bcash. This is not urgent unless you wish to trade immediately. If you choose to retrieve your Bcash, please be aware that consolidating your UTXOs will impact your privacy on both chains.
In order to help readers navigate this confusing situation and minimize disruption of relevant content, /Bitcoin has dedicated this sticky thread where readers can ask questions or leave comments pertaining to Bcash. If you are wondering how to retrieve your new altcoin holdings, please read the discussion thoroughly as your questions may already have been answered. If you don't see a similar question, please be sure to mention your wallet method and preferred exchange so that other readers can help address your concerns. You are also invited to submit new threads to the /Bcash subreddit if you so choose.
If you would like to understand the motives behind this new altcoin, please read The Future of “Bitcoin Cash:” An Interview with Bitcoin ABC lead developer Amaury Séchet.
A Beginner’s Guide to Claiming Your “Bitcoin Cash” (and Selling It) is a must-read for anyone feeling particularly lost.

But I thought we avoided a chain split?

For those of you who thought we avoided a chain split with the activation of BIP91 a couple weeks ago, here's a very loose summary of what happened on the Segwit (BIP141, BIP148, BIP91) front:
  1. Bitcoin Core team deployed Segwit (BIP141) last year
  2. Miners refused to activate Segwit via BIP9
  3. Users deployed UASF (BIP148 by shaolinfry) to require Segwit (BIP141) signaling by August 1st
  4. Miners activated BIP91 (by James Hilliard) on July 20th in response to UASF (BIP148)
  5. BIP91 complied with UASF (BIP148) by enforcing Segwit (BIP141) signaling ahead of August 1st
  6. Segwit BIP141 is expected to lock in on Tuesday, August 8th
  7. Segwit BIP141 is expected to activate on Monday, August 21st
  8. BIP148 activated successfully without any chain split
  9. Another altcoin called "SegWit2x" (B2X) may be created later this year, similar to Bcash but with less safety precautions regarding replay protection
Despite all the progress we're making in scaling Bitcoin both on-chain and off-chain, the Bcash crew has decided to part ways with the Bitcoin project by creating a new altcoin. The key differences are that they are attempting to gut Segwit from their forked client, as well as increasing the deprecated max_block_size attribute to 8MB.

Various Announcements:

Electrum 1 - Electrum 2 - Trezor - Ledger - Coinbase - Breadwallet - Bitfinex - Airbitz - Blockchain.info - Exodus - Jaxx - Kraken - Bittrex - Greyscale - Yobit - Bitcoin Core - Bitstamp - [Mycelium]() - [GreenAddress]() - BitcoinTalk - (Reply in comments to add other services)

/Bitcoin wishes Bcash a happy farewell and the best of luck in their new venture!

submitted by BashCo to Bitcoin [link] [comments]

Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to Bitcoincash [link] [comments]

Here, List of Merchants Avantages To Accept NYC. Ideas are Welcome

(Please don’t forget that is a transcription about an mp3 made in my car, during my work time. I’m sorry i haven’t got to much time but i want participate to the proliferation of NYC, i will go to discord as soon as i can. If someone could structure or add ideas of avantages for merchants to accept NYC in the spirit of this share or others, it will be great. I imagine a pdf, webpages translate in the most languages possible, to share to every merchants all the community knows in their own country and to share to every e-merchants too. I imagine a simple concept that everyone could duplicate and share as a child could do. With this, everyone without technical knowledges but with a desire to help the community and NYC could built NYC with us. I’m sorry to didn’t structure this better…I’ve not finished yet and i have a lot of others ideas to give merchants but I think this kind of sharing can stimulate the community and some ideas is not definitive, just ideas and not list(please be cool with me), and maybe a wonderful professional template can be made by one of you(lol) and start structure listing where everyone could propose)
Benefits for the first 10 000 or more (?) merchants who will accept the cryptocurrency NYC since now to the next 1 or 2 years(?)
These are the first merchants who will enjoy the greatest benefits of accepting NYC while taking the minimum risk.
Free decentralized money transfer in 30 seconds
saving on bank transaction fees
saving on bank fraud charges (anti-fraud system, irreversible transaction, no more cancellation of payments by credit card, the customer has no money the transaction is denied)
No limit amount for customers, unlimited ceiling, easy to sell expensive products
New customers around the world, savings and margin
New wealthy customers around the world who will love buying your products(because new crypto rich and because convictions)
New single customers who prefer to buy from you rather than from your neighbor. You get cool for them, fans of cryptocurrency and NYC, and the new rich will thank you as it should. Modern and political values ​​that you do not suspect the magnitude .. Potential invaluable, see Cryptocurrency MarketCap, customers will call you to send your products to the other side of the world even with shipping rates higher than average. A fundamental revolution is underway and it is not $ 5 more on shipping costs that will stop it. Human and political values ​​have always been stronger than personal enrichment in the history of humanity. An invaluable potential of customers around the world (depends on your product but NYC will list all merchants and businesses from around the world on the same list to spread it around the world) US Community, Russian, Japan, China, Korea, Portugal, France, Belgium, Spain, Germany, Brazil, Argentina, Ukraine, Vietnam, Thailand etc etc etc
Thanks to savings on banking fees, it is possible to lower the selling price and to be more competitive than the competitors. New customers will appear by converting to cryptocurrency to benefit from your new rates. It's inevitable, be part of the first. Possibility of incredible gain for the 1st who will accumulate the most NYC with almost NO RISK.
If you motivate your partners and suppliers to accept NYC, you save even more on transaction costs and save on both levels (upstream and downstream). Savings which serves you to lower the selling price and increase your margin at the same time
Easy to put in place :
Unlike conventional currency, NYC is yours and no one can seize them, not even governments. Indeed, only you know your private address and you have an unlimited number of public addresses (anonymous and no one knows how much NYC you have). Your private key can be compared to a bank account number. You regain control over your money with only a few easy starting arrangements to put in place once. Either you exchange your NYC in bitcoin / ether then in $ with transfer to bank account and declare your income to your government, or transfer in bitcoin on « credit card system online » usable in store and ATM (wirex etc).
Install Wallet QT, + paperwallet for those who likes security, install coinomi, yobit and coinbase account (and others after) and businesses of credit card online. Stikers on your shop, give photos and videos to NYC community and wait new customers to accumulate NYC with no risk
Volatility: If volatility can be considered a real problem in the world of crypto, know that the volatility will be reduced as the use of NYC increases. The price of NYC can only increase and if the world crypto collapses, you will have almost no risk. It's not a fad but a global infatuation. Even if some NYC price drops will happen sometimes, all cryptocurrencies will have to increase in value. And especially NYC with its unique specifics, free and fast bitcoin for Newyorkers, americans and the all world. For proof, despite the incredible increase of the crypto-currencies market cap, we are only at 0.5% of global money flows and bitcoin is only $ 10,000. We are only at the beginning, the beginnings of cryptos. Imagine when crypto accounts for only 1% 2% or 3% of global cash flows. That would mean 1000 billion market cap for 1% of global money flows, 2000 billion market cap for 2% ... 3000 billion Marketcap for 3% of international money flows and so on. Inquire, do you really believe that crypto currencies will stop there? We are not even at the top of the first step of the stairs that leads to the future place of crypto currencies in the space of international monetary flows. This will only happen once in the history of humanity and for a minimum of risk for merchantss who will accept crypto currencies and especially NYC. Simply accept NYC on a small percentage of your cash flow. Do these French, Chinese, Americans who made a fortune by accepting and accumulating bitcoin up to just 5% of its money. Simple hairdresser, restaurateurs, grocers, small merchants…
With expensive product, make small reduction if customers just paid 1,2 or 3% in NYC. No risk and great deal
Opportunity to make a fortune with only 1 customer, like this French hairdresser who knew nothing in 2010 and made a fortune with a single customer to whom she made a small reduction if she paid in bitcoin, just to laugh, just for fun. In 2014, she traded some bitcoin to live as a senior executive and made a real fortune in 2017. Of course, she still has bitcoins well warm and 2 million € on his bank account. All this, without ever buying a single bitcoin, with never take a single risk, just to try and just for fun. Today, with NYC « the Bitcoin for New Yorkers » has fast and free transaction: It is possible to achieve the same feat without the NYC reaches $ 17,000 but only 0.01 or $ 0.10 or 1 $
Example of no risk for merchant: (You do what you want about the risk you want take and you touch people who wants buy cheap and you touch the crypto fan in your city, region and the all world please to the community(growing and growing) who make for you publicity everywhere in every supports that exist in this world !!! Articles, vidéos, photos, prices, websites, stickers, conversations, shares…)
Product A = 100$ in Fiat Same product = 90$ if paid 80% in fiat and 20% in NYC = 72$ + 64 285 NYC Same Product = 80$(or 85$ as you want, you choose) if paid 50% in fiat and 50% in Nyc = 40$ + 142 857 Nyc Minimum risk = Same product at 95$ if paid 90% in fiat and 10% NYC
Objectif owners in the next years: Accumulate : 100 millions NYC = 20 à 25000$ of sell to be millionnaire At NYC price= 0.01$. At one penny = millionnaire Marketcap NYC = 1 320 000 000$
Accumulate 10 millions NYC = 2800$ of sell to be millionnaire at NYC price = 0.10$ At 10 cents = millionnaire at 13 200 000 000 $ Marketcap
Accumulate 1 millions NYC = 280$ of sell to be millionnaire with NYC at 1$ etc…
The best advertisement of all time. The human advertising of a worldwide community that will prompt ordering in your shop. With articles, videos, reports on your store or service that you offer and you win returns in notoriety in your own neighborhood, city, region, country. We send you all these media as soon as you ask if you want to use it on your website, sign or other advertising medium. Or Here on Reddit : post « Merchants news, what we found about you all around the word »
Try to find small vidéos and small articles of owners who made a lot of money with bitcoin with minimum of risk without spend one $ in an exchange ;)
With stimulate merchants with ideas and With this « strategy with no risk » to give to the merchants we can proliferate NYC acceptance really easily. "A small reduction for customers who pay a small part of the price in NYC and we could touch a lot of owners : Target have to be « not just » merchants but
« in all strata of society. It could be the real power of NYC »
Owners of services : Marketing, e-merchants, every coach, independent of anything, human services(big potential here, people who haven’t not much money and there is a real hope for them and can give us examples to give the all word of people accept NYC in all strata of society and show our growing
maid, housekeeper, mason, housework, pet grooming, wellness, used car salesman, seller of anything...Every business man in every domain can see avantages to used NYC, not just pizza sellers or other..
Bars, discothèques, restaurants :
Tourist Shops : Cloths, apparel,
Services
Mp3 finished ;)
submitted by NewyorkCoinFrance to NewYorkCoin [link] [comments]

Trade Litecoin Cash on Crypto-bridge with 20% less fees!

Currently LCC is highest volume on the crypto-bridge exchange, and 20% of the highest volume exchange price.
https://bitscreener.com/coins/litecoin-cash
LCC/BTC Volume (USD) Price (USD) % Total Volume YoBit $1,326,660 $6.22177 48.25% LCC/USD YoBit $922,448 $6.37025 33.55% LCC/BTC CryptoBridge $500,429 $1.50018
Few things about crypto-bridge:
Bitshares is DIRECTLY linked with it. IF you make an account on bitshares, the SAME log-in can be used for cryptobridge. The wallets are linked.
Bitshares is offering 38 Fiat Currency exchange pairs for the FOREX lovers out there.
Crypto-bridge offers exclusive bridge ticker symbols that lag behind the market GREATLY, making bid and ask camping instant HUGE profit most of the time. *Hint: Use Arbitrage to profit HUGE. https://www.investopedia.com/terms/a/arbitrage.asp
No silly games with how little or how much you can deposit/withdraw, minimum orders, ect (Bittrex I'm pointing at you).
Bitshares allows 3-30x margin orders for buying.
Use the referral link and you get back 20% of the 0.2% trading fee.
https://wallet.bitshares.org/?r=kustome-1
submitted by Kustomee to LCCofficial [link] [comments]

LHCrypto news

Dear investors of the project LH-CRYPTO! 5 days have passed after the successful completion of the ICO of our project. We would like to tell you what has been done during this time and also to share our plans for the near future.
We have already started sending the tokens to our investors and have already sent more than 80% of the total number of the tokens. About 20% of the investors have fully received the purchased tokens. If you haven't received the tokens yet – don't worry, the distribution process will be completed until the 25 of February.
We have already placed our tokens on a few small exchanges. Now you can make deals on two exchanges:
ETHERDELTA - https://etherdelta.com/#0x0778cc2e8bbad3d483e82371606d100cc8604522-ETH
YOBIT - https://yobit.net/en/trade/LHCOIN/BTC
IDEX - https://idex.market/eth/lhcoin
We would like to remind everyone that the correct Ticker of our token on exchanges is-LHCoin
Also we would like to share with you our plans for the future: · In February we will complete sending the tokens to investors (including bonus, gift and referral tokens)
· In late February – early March – we will place this coin on exchanges (including the major exchanges) – the list we will publish later
· During March and April we will continue the work on listing the coins on the exchanges and expand the number of exchanges, where presents the project, to at least five. We will also have the identification of the holders of our tokens according to the international standards procedures KYC (know you client). It is necessary for us in order to enter on such exchange as POLONEX and BITREX
· In April we will launch a separate website for bitcoin broker and trading platform based on the latest software MetaTrader 5
· In May – June the deployment of our own nodes is planned, and live processing for major crypto-currencies for the accounts of LH-CRYPTO
· In July – August we will begin to accept customer funds for margin trading and activate the CASHBACK program Of course, this plan is approximate, but as you can see we are planning to start our work even earlier than planned in the Road Map! We believe in our project and want to implement it as quickly as possible!
Also in the next few days we will publish on our YouTube channel the speech of Georgy Pavlov, who will tell you more about the company's plans.
submitted by LHCrypto to icocrypto [link] [comments]

[uncensored-r/Bitcoin] [Megathread] On August 1, 2017 at 6:12pm UTC (block 478559), a new altcoin called Bcash (BCH) has...

The following post by BashCo is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/6r05nm
The original post's content was as follows:

What is happening?

In what has been touted as the culmination of a multi-year scaling debate, on August 1, 2017 at 6:12pm UTC (block 478559) a new altcoin was created from Bitcoin. The new altcoin is known as "Bcash" (BCH) or "Bitcoin Cash" (BCC) depending on which wallet/exchange you ask. In order to avoid confusion with actual Bitcoin and other altcoins, we recommend readers refer to the new altcoin as "Bcash" (BCH).
As with all altcoins, Bcash is technically off-topic for the /Bitcoin subreddit. However, Bcash was created based on Bitcoin's transaction history, and therefore all Bitcoin owners should be able to retrieve an equal amount of Bcash with some effort. Your Bitcoins are just as safe as they were before the chain split, but you should take care not to compromise your private keys if you wish to retrieve Bcash. This is not urgent unless you wish to trade immediately. If you choose to retrieve your Bcash, please be aware that consolidating your UTXOs will impact your privacy on both chains.
In order to help readers navigate this confusing situation and minimize disruption of relevant content, /Bitcoin has dedicated this sticky thread where readers can ask questions or leave comments pertaining to Bcash. If you are wondering how to retrieve your new altcoin holdings, please read the discussion thoroughly as your questions may already have been answered. If you don't see a similar question, please be sure to mention your wallet method and preferred exchange so that other readers can help address your concerns. You are also invited to submit new threads to the /Bcash subreddit if you so choose.
If you would like to understand the motives behind this new altcoin, please read The Future of “Bitcoin Cash:” An Interview with Bitcoin ABC lead developer Amaury Séchet.
A Beginner’s Guide to Claiming Your “Bitcoin Cash” (and Selling It) is a must-read for anyone feeling particularly lost.

But I thought we avoided a chain split?

For those of you who thought we avoided a chain split with the activation of BIP91 a couple weeks ago, here's a very loose summary of what happened on the Segwit (BIP141, BIP148, BIP91) front:
  1. Bitcoin Core team deployed Segwit (BIP141) last year
  2. Miners refused to activate Segwit via BIP9
  3. Users deployed UASF (BIP148 by shaolinfry) to require Segwit (BIP141) signaling by August 1st
  4. Miners activated BIP91 (by James Hilliard) on July 20th in response to UASF (BIP148)
  5. BIP91 complied with UASF (BIP148) by enforcing Segwit (BIP141) signaling ahead of August 1st
  6. Segwit BIP141 is expected to lock in on Tuesday, August 8th
  7. Segwit BIP141 is expected to activate on Monday, August 21st
  8. BIP148 activated successfully without any chain split
  9. Another altcoin called "SegWit2x" (B2X) may be created later this year, similar to Bcash but with less safety precautions regarding replay protection
Despite all the progress we're making in scaling Bitcoin both on-chain and off-chain, the Bcash crew has decided to part ways with the Bitcoin project by creating a new altcoin. The key differences are that they are attempting to gut Segwit from their forked client, as well as increasing the deprecated max_block_size attribute to 8MB.

Various Announcements:

Electrum 1 - Electrum 2 - Trezor - Ledger - Coinbase - Breadwallet - Bitfinex - Airbitz - Blockchain.info - Exodus - Jaxx - Kraken - Bittrex - Greyscale - Yobit - Bitcoin Core - Bitstamp - [Mycelium]() - [GreenAddress]() - BitcoinTalk - (Reply in comments to add other services)

/Bitcoin wishes Bcash a happy farewell and the best of luck in their new venture!

submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Earn With YoBit Trading Platform How to Trade BITCOIN in Yobit ( Trading Site ) The best cryptocurrency trading bot with margin trading on Bitstamp OKEX Coinbas Script Dice Yobit to gain free coins Yobit Crypto Trading Bot 2020 (Updated) for Yobit.net Platform  Exchange Bitcoin

Trading is surprisingly easily when it comes to Yobit, even the inexperienced can easily know their way through the website. All you need to do is select which currency you want to trade with (which is located on the left-hand side of the screen) and put on a buy or sell order for it. Please note that YoBit has listed a non-existent asset, Toilet Paper Token [TPT], which is not affiliated with CoinMarketCap in any way. You are right, Yobit doesnt need to create margin trading, lets focus on other things , too many ppl losing money leverage trading.Trading small volume alts is just fine Yeah,You can make a lot of money with small but cool coins on yobit too.Some coins make 10x in a few hours.If you can catch one of them then you are so lcuk! Yobit is a centralized cryptocurrency exchange located in Russia. It currently has a 24-hour trading volume of $61,845,841 from 334 coins and 6455 trading pairs. Yobit is established in year 2014. More information about Yobit exchange can be found at yobit.net Yobit is a cryptocurrency exchange offering more than 100 cryptocurrencies that can be traded directly on their website. Although the trading platform is internationally oriented, only three languages are available: English, Russian and Chinese.

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