Jamie Dimon: I ‘Don’t Give a Sh*t’ about Bitcoin

The Great Bitcoin Bull Market Of 2017 by Trace Mayer

By: Trace Mayer, host of The Bitcoin Knowledge Podcast.
Originally posted here with images and Youtube videos.
I just got back from a two week vacation without Internet as I was scouring some archeological ruins. I hardly thought about Bitcoin at all because there were so many other interesting things and it would be there when I got back.
Jimmy Song suggested I do an article on the current state of Bitcoin. A great suggestion but he is really smart (he worked on Armory after all!) so I better be thorough and accurate!
Therefore, this article will be pretty lengthy and meticulous.
BACKGROUND
As I completely expected, the 2X movement from the New York Agreement that was supposed to happen during the middle of my vacation flopped on its face because Jeff Garzik was driving the clown car with passengers willfully inside like Coinbase, Blockchain.info, Bitgo and Xapo and there were here massive bugS and in the code and miners like Bitmain did not want to allocate $150-350m to get it over the difficulty adjustments.
I am very disappointed in their lack of integrity with putting their money where their mouths are; myself and many others wanted to sell a lot of B2X for BTC!
On 7 December 2015, with Bitcoin trading at US$388.40, I wrote The Rise of the Fourth Great Bitcoin Bubble. On 4 December 2016, with Bitcoin trading at US$762.97, I did this interview:

As of 26 November 2017, Bitcoin is trading around US$9,250.00. That is an increase of about 2,400% since I wrote the article prognosticating this fourth great Bitcoin bull market. I sure like being right, like usual (19 Dec 2011, 1 Jul 2013), especially when there are financial and economic consequences.
With such massive gains in such a short period of time the speculative question becomes: Buy, Hold or Sell?
FUNDAMENTALS
Bitcoin is the decentralized censorship-resistant Internet Protocol for transferring value over a communications channel.
The Bitcoin network can use traditional Internet infrastructure. However, it is even more resilient because it has custom infrastructure including, thanks to Bitcoin Core developer Matt Corrallo, the FIBRE network and, thanks to Blockstream, satellites which reduce the cost of running a full-node anywhere in the world to essentially nothing in terms of money or privacy. Transactions can be cheaply broadcast via SMS messages.
SECURITY
The Bitcoin network has a difficulty of 1,347,001,430,559 which suggests about 9,642,211 TH/s of custom ASIC hardware deployed.
At a retail price of approximately US$105/THs that implies about $650m of custom ASIC hardware deployed (35% discount applied).
This custom hardware consumes approximately 30 TWh per year. That could power about 2.8m US households or the entire country of Morocco which has a population of 33.85m.
This Bitcoin mining generates approximately 12.5 bitcoins every 10 minutes or approximately 1,800 per day worth approximately US$16,650,000.
Bitcoin currently has a market capitalization greater than $150B which puts it solidly in the top-30 of M1 money stock countries and a 200 day moving average of about $65B which is increasing about $500m per day.
Average daily volumes for Bitcoin is around US$5B. That means multi-million dollar positions can be moved into and out of very easily with minimal slippage.
When my friend Andreas Antonopolous was unable to give his talk at a CRYPSA event I was invited to fill in and delivered this presentation, impromptu, on the Seven Network Effects of Bitcoin.
These seven network effects of Bitcoin are (1) Speculation, (2) Merchants, (3) Consumers, (4) Security [miners], (5) Developers, (6) Financialization and (7) Settlement Currency are all taking root at the same time and in an incredibly intertwined way.
With only the first network effect starting to take significant root; Bitcoin is no longer a little experiment of magic Internet money anymore. Bitcoin is monster growing at a tremendous rate!!

SPECULATION
For the Bitcoin price to remain at $9,250 it requires approximately US$16,650,000 per day of capital inflow from new hodlers.
Bitcoin is both a Giffen good and a Veblen good.
A Giffen good is a product that people consume more of as the price rises and vice versa — seemingly in violation of basic laws of demand in microeconomics such as with substitute goods and the income effect.
Veblen goods are types of luxury goods for which the quantity demanded increases as the price increases in an apparent contradiction of the law of demand.
There are approximately 16.5m bitcoins of which ~4m are lost, ~4-6m are in deep cold storage, ~4m are in cold storage and ~2-4m are salable.
(http://www.runtogold.com/images/lost-bitcoins-1.jpg)
(http://www.runtogold.com/images/lost-bitcoins-2.jpg)
And forks like BCash (BCH) should not be scary but instead be looked upon as an opportunity to take more territory on the Bitcoin blockchain by trading the forks for real bitcoins which dries up more salable supply by moving it, likely, into deep cold storage.
According to Wikipedia, there are approximately 15.4m millionaires in the United States and about 12m HNWIs ($30m+ net worth) in the world. In other words, if every HNWI in the world wanted to own an entire bitcoin as a 'risk-free asset' that cannot be confiscated, seized or have the balance other wise altered then they could not.
For wise portfolio management, these HNWIs should have at least about 2-5% in gold and 0.5-1% in bitcoin.
Why? Perhaps some of the 60+ Saudis with 1,700 frozen bank accounts and about $800B of assets being targetted might be able to explain it to you.
In other words, everyone loves to chase the rabbit and once they catch it then know that it will not get away.
RETAIL
There are approximately 150+ significant Bitcoin exchanges worldwide. Kraken, according to the CEO, was adding about 6,000 new funded accounts per day in July 2017.
Supposedly, Coinbase is currently adding about 75,000 new accounts per day. Based on some trade secret analytics I have access to; I would estimate Coinbase is adding approximately 17,500 new accounts per day that purchase at least US$100 of Bitcoin.
If we assume Coinbase accounts for 8% of new global Bitcoin users who purchase at least $100 of bitcoins (just pulled out of thin error and likely very conservative as the actual number is perhaps around 2%) then that is approximately $21,875,000 of new capital coming into Bitcoin every single day just from retail demand from 218,750 total new accounts.
What I have found is that most new users start off buying US$100-500 and then after 3-4 months months they ramp up their capital allocation to $5,000+ if they have the funds available.
After all, it takes some time and practical experience to learn how to safely secure one's private keys.
To do so, I highly recommend Bitcoin Core (network consensus and full validation of the blockchain), Armory (private key management), Glacier Protocol (operational procedures) and a Puri.sm laptop (secure non-specialized hardware).
WALL STREET
There has been no solution for large financial fiduciaries to invest in Bitcoin. This changed November 2017.
LedgerX, whose CEO I interviewed 23 March 2013, began trading as a CFTC regulated Swap Execution Facility and Derivatives Clearing Organization.
The CME Group announced they will begin trading in Q4 2017 Bitcoin futures.
The CBOE announced they will begin trading Bitcoin futures soon.
By analogy, these institutional products are like connecting a major metropolis's water system (US$90.4T and US$2 quadrillion) via a nanoscopic shunt to a tiny blueberry ($150B) that is infinitely expandable.
This price discovery could be the most wild thing anyone has ever experienced in financial markets.
THE GREAT CREDIT CONTRACTION
The same week Bitcoin was released I published my book The Great Credit Contraction and asserted it had now begun and capital would burrow down the liquidity pyramid into safer and more liquid assets.
(http://www.runtogold.com/images/Great-Credit-Contraction-Liquidity-Pyramid.jpg)
Thus, the critical question becomes: Is Bitcoin a possible solution to the Great Credit Contraction by becoming the safest and most liquid asset?
BITCOIN'S RISK PROFILE
At all times and in all circumstances gold remains money but, of course, there is always exchange rate risk due to price ratios constantly fluctuating. If the metal is held with a third-party in allocated-allocated storage (safest possible) then there is performance risk (Morgan Stanley gold storage lawsuit).
But, if properly held then, there should be no counter-party risk which requires the financial ability of a third-party to perform like with a bank account deposit. And, since gold exists at a single point in space and time therefore it is subject to confiscation or seizure risk.
Bitcoin is a completely new asset type. As such, the storage container is nearly empty with only $150B.
And every Bitcoin transaction effectively melts down every BTC and recasts it; thus ensuring with 100% accuracy the quantity and quality of the bitcoins. If the transaction is not on the blockchain then it did not happen. This is the strictest regulation possible; by math and cryptography!
This new immutable asset, if properly secured, is subject only to exchange rate risk. There does exist the possibility that a software bug may exist that could shut down the network, like what has happened with Ethereum, but the probability is almost nil and getting lower everyday it does not happen.
Thus, Bitcoin arguably has a lower risk profile than even gold and is the only blockchain to achieve security, scalability and liquidity.
To remain decentralized, censorship-resistant and immutable requires scalability so as many users as possible can run full-nodes.
(http://www.runtogold.com/images/ethereum-bitcoin-scability-nov-2017.png)
TRANSACTIONS
Some people, probably mostly those shilling alt-coins, think Bitcoin has a scalability problem that is so serious it requires a crude hard fork to solve.
On the other side of the debate, the Internet protocol and blockchain geniuses assert the scalability issues can, like other Internet Protocols have done, be solved in different layers which are now possible because of Segregated Witness which was activated in August 2017.
Whose code do you want to run: the JV benchwarmers or the championship Chicago Bulls?
As transaction fees rise, certain use cases of the Bitcoin blockchain are priced out of the market. And as the fees fall then they are economical again.
Additionally, as transaction fees rise, certain UTXOs are no longer economically usable thus destroying part of the money supply until fees decline and UTXOs become economical to move.
There are approximately 275,000-350,000 transactions per day with transaction fees currently about $2m/day and the 200 DMA is around $1.08m/day.
(http://www.runtogold.com/images/bitcoin-transaction-fees-nov-2017.png)
What I like about transaction fees is that they somewhat reveal the financial health of the network.
The security of the Bitcoin network results from the miners creating solutions to proof of work problems in the Bitcoin protocol and being rewarded from the (1) coinbase reward which is a form of inflation and (2) transaction fees which is a form of usage fee.
The higher the transaction fees then the greater implied value the Bitcoin network provides because users are willing to pay more for it.
I am highly skeptical of blockchains which have very low transaction fees. By Internet bubble analogy, Pets.com may have millions of page views but I am more interested in EBITDA.
DEVELOPERS
Bitcoin and blockchain programming is not an easy skill to acquire and master. Most developers who have the skill are also financially independent now and can work on whatever they want.
The best of the best work through the Bitcoin Core process. After all, if you are a world class mountain climber then you do not hang out in the MacDonalds play pen but instead climb Mount Everest because that is where the challenge is.
However, there are many talented developers who work in other areas besides the protocol. Wallet maintainers, exchange operators, payment processors, etc. all need competent developers to help build their businesses.
Consequently, there is a huge shortage of competent developers. This is probably the largest single scalability constraint for the ecosystem.
Nevertheless, the Bitcoin ecosystem is healthier than ever before.
(http://www.runtogold.com/images/bitcoin-ecosystem.jpg)(/images/bitcoin-ecosystem-small.jpg)
SETTLEMENT CURRENCY
There are no significant global reserve settlement currency use cases for Bitcoin yet.
Perhaps the closest is Blockstream's Strong Federations via Liquid.
PRICE
There is a tremendous amount of disagreement in the marketplace about the value proposition of Bitcoin. Price discovery for this asset will be intense and likely take many cycles of which this is the fourth.
Since the supply is known the exchange rate of Bitcoins is composed of (1) transactional demand and (2) speculative demand.
Interestingly, the price elasticity of demand for the transactional demand component is irrelevant to the price. This makes for very interesting dynamics!
(http://www.runtogold.com/images/bitcoin-speculation.jpg)
On 4 May 2017, Lightspeed Venture Partners partner Jeremy Liew who was among the early Facebook investors and the first Snapchat investor laid out their case for bitcoin exploding to $500,000 by 2030.
On 2 November 2017, Goldman Sachs CEO Lloyd Blankfein (https://www.bloomberg.com/news/articles/2017-11-02/blankfein-says-don-t-dismiss-bitcoin-while-still-pondering-value)said, "Now we have paper that is just backed by fiat...Maybe in the new world, something gets backed by consensus."
On 12 Sep 2017, JP Morgan CEO called Bitcoin a 'fraud' but conceded that "(http://fortune.com/2017/09/12/jamie-dimon-bitcoin-cryptocurrency-fraud-buy/)Bitcoin could reach $100,000".
Thus, it is no surprise that the Bitcoin chart looks like a ferret on meth when there are such widely varying opinions on its value proposition.
I have been around this space for a long time. In my opinion, those who scoffed at the thought of $1 BTC, $10 BTC (Professor Bitcorn!), $100 BTC, $1,000 BTC are scoffing at $10,000 BTC and will scoff at $100,000 BTC, $1,000,000 BTC and even $10,000,000 BTC.
Interestingly, the people who understand it the best seem to think its financial dominance is destiny.
Meanwhile, those who understand it the least make emotionally charged, intellectually incoherent bearish arguments. A tremendous example of worldwide cognitive dissonance with regards to sound money, technology and the role or power of the State.
Consequently, I like looking at the 200 day moving average to filter out the daily noise and see the long-term trend.
(http://www.runtogold.com/images/bitcoin-price-200dma-nov-2017.png)
Well, that chart of the long-term trend is pretty obvious and hard to dispute. Bitcoin is in a massive secular bull market.
The 200 day moving average is around $4,001 and rising about $30 per day.
So, what do some proforma situations look like where Bitcoin may be undervalued, average valued and overvalued? No, these are not prognostications.
(http://www.runtogold.com/images/bitcoin-price-pro-forma.png)
Maybe Jamie Dimon is not so off his rocker after all with a $100,000 price prediction.
We are in a very unique period of human history where the collective globe is rethinking what money is and Bitcoin is in the ring battling for complete domination. Is or will it be fit for purpose?
As I have said many times before, if Bitcoin is fit for this purpose then this is the largest wealth transfer in the history of the world.
CONCLUSION
Well, this has been a brief analysis of where I think Bitcoin is at the end of November 2017.
The seven network effects are taking root extremely fast and exponentially reinforcing each other. The technological dominance of Bitcoin is unrivaled.
The world is rethinking what money is. Even CEOs of the largest banks and partners of the largest VC funds are honing in on Bitcoin's beacon.
While no one has a crystal ball; when I look in mine I see Bitcoin's future being very bright.
Currently, almost everyone who has bought Bitcoin and hodled is sitting on unrealized gains as measured in fiat currency. That is, after all, what uncharted territory with daily all-time highs do!
But perhaps there is a larger lesson to be learned here.
Riches are getting increasingly slippery because no one has a reliable defined tool to measure them with. Times like these require incredible amounts of humility and intelligence guided by macro instincts.
Perhaps everyone should start keeping books in three numéraires: USD, gold and Bitcoin.
Both gold and Bitcoin have never been worth nothing. But USD is a fiat currency and there are thousands of those in the fiat currency graveyard. How low can the world reserve currency go?
After all, what is the risk-free asset? And, whatever it is, in The Great Credit Contraction you want it!
What do you think? Disagree with some of my arguments or assertions? Please, eviscerate them on Twitter or in the comments!
submitted by bitcoinknowledge to Bitcoin [link] [comments]

The owners of Blockstream are spending $76 million to do a "controlled demolition" of Bitcoin by manipulating the Core devs & the Chinese miners. This is cheap compared to the $ trillions spent on the wars on Iraq & Libya - who also defied the Fed / PetroDollar / BIS private central banking cartel.

The fiat masters of the universe are afraid they'll lose power if Bitcoin succeeds.
They're afraid that trillions of dollars in legacy fiat will suddenly plunge in relative value, if Bitcoin shoots to the moon.
So they're trying to quietly cripple Bitcoin - congesting the network, suppressing the price, and offering 1.7MB centrally-planned blocksize with their SegWit poison pill - which will complicate all further upgrades and permanently cement their power - while permanently crippling Bitcoin.
In order to provide some support suggesting that yes they would really go that far, we have to dive into some pretty nasty and shadowy geopolitics.
What do the wars on Iraq and Libya, JPMorgan's naked short selling of silver, and the book "Confessions of an Economic Hit Man" all have in common?
Whenever a currency tries to compete with the Fed / Petrollar / BIS [1] private central banking cartel, the legacy fiat power élite destroys that currency (if the currency has a central point of control - which Bitcoin does have: the Core devs, the Chinese miners, and Theymos).
[1] BIS = the Bank for International Settlements, often referred to as "the central bank of central banks"
Trillions of dollars were spent to take down the central banks of Iraq and Libya, because they defied the hegemony of the Fed / Petrodollar / BIS private central banking cartel.
https://duckduckgo.com/?q=ellen+brown+iraq+libya+bis
And while you're googling, you might want to look up whistleblower Andrew Maguire (who exposed how JPMorgan uses naked short selling to "dump" nonexistent silver in order to prevent the USDollar from collapsing).
https://duckduckgo.com/?q=andrew+maguire+jpmorgan
And you might also want to look up John Perkins, whose book "Confessions of an Economic Hit Man" is another major eye-opener about how "the Washington consensus" manages to rule the world by printing fiat backed by violence and justified by "experts" and propaganda.
https://duckduckgo.com/?q=john+perkins+confessions+economic+hit+man
That's just how the world works - although you have to do a bit of research to discover those unpleasant facts.
So for the legacy fiat power élite, $76 million to suppress Bitcoin (and quietly maintain their fiat power) is chump change in comparison.
You all knew that "they" were going to try to destroy Bitcoin, didn't you?
Even Jamie Dimon practically admitted as much.
https://duckduckgo.com/?q=jamie+dimon+bitcoin
Did you really think they would be clumsy enough to try to ban it outright?
Private central bankers run this planet, and they have never hesitated to use their lethal combination of guns, debt and psy-ops to maintain their power. They pay for the wars, they keep people enslaved to debt, they censor discussion and create propaganda, and they "dumb down" the population so nobody knows what's really going on.
Print up a trillion dollars here, kill a million people there, brainwash everyone with censorship and propaganda. That's their modus operandi.
So we shouldn't be surprised if they they ruthlessly and covertly try to take down Bitcoin. They have the means, and they have the motivation.
It was only a matter of time before they identified the three weakest centralized points in the Bitcoin system:
And so that's where they applied the pressure.
All three of those players listed above are easy "soft" targets up against the full-spectrum of covert dirty tricks deployed by the legacy fiat power élite.
The central bankers, via AXA, are paying filthy fiat to Blockstream devs, and to their Minister of Propaganda u/brg444.
Blockstream is a "front company" which has been established for the purpose of performing a "controlled demolition" of Bitcoin.
So Satoshi messed up. He messed up by baking in a "temporary" 1 MB constant into the code at the last minute as a clumsy anti-spam kludge - and then not taking it out again soon enough via a hard fork.
Now the global legacy power élite have managed to use "social engineering" to retain that 1MB temporary kludge (and now offer us a pathetic 1.7MB blocksize via very messy soft-fork upgrade which will massively complicate future upgrades).
This is their plan. This is their secret poison pill for Bitcoin. SegWit is the trojan which will be the final nail in Bitcoin's coffin: giving only a pathetic 1.7MB centrally-planned blocksize - via a soft-fork that will mess up Bitcoin's code so much, it will make it almost impossible to upgrade Bitcoin properly in the future.
The only way to stop them is to:
submitted by UndergroundNews to btc [link] [comments]

If Ripple supersedes bitcoin in market cap, ignore it; Ripple is nothing “new”

It doesn’t really mean anything if Ripple supersedes the market cap of Bitcoin, because Ripple is a trivially distributed system. I argue that it is trivially distributed because the right to verify payment is controlled by an exclusive oligopoly of nodes. To gain the incentive to be a node, in brief terms, is to be a bank. Don’t believe me? Where are the miners? There are a total of 55 validator nodes, “the equivalent of a miner”, which are essentially super computers run by institutional banking. What you end up with is nothing more than a classic gossip protocol between banks with some nifty cryptography wedged in. So just like Jamie Dimon says “who gives a fuck about Bitcoin,” I say “who gives a fuck about Ripple.”
First person to convince me otherwise gets 0.01 BTC.
submitted by CroptyCrypto to CryptoCurrency [link] [comments]

Why I support the Core Roadmap

I posted this as a comment yesterday, but I think it could use more discussion:
For a long time I have waivered back and forth between the blocksize/hardfork debate.
I do believe I have settled my mind on the issue.
Listening to Jamie Dimon speak about governments attempt to shut Bitcoin down "if it gets too big" reminded me really what it is we are up against.
Bitcoin seeks to displace centuries old power structures, and they certainly won't go without a fight. We've been ignored up to this point, but now financial institutions and governments are taking notice.
Bitcoin must remain as decentralized and censorship resistant as possible. If we create a situation where nodes and miners have no possibility of operating anonymously, then they could theoretically all be targeted. Increasing centralization decreases the targets.
If for some reason major governments, the US, Russia, China, and the EU decided to outlaw bitcoin and/or create onerous regulations, a highly decentralized network would be able to adapt.
People would be able to mine behind TOR and VPN, people in South America and even some places in Africa could keep mining on.
Jamie Dimon makes it clear that he will use his influence to try to crush Bitcoin if it becomes a threat to his empire. I want Bitcoin to be as resilient as possible to any and all of these threats.
Additionally, a hardfork without a true state of emergency demonstrates that this currency and network can be changed by the will of the majority. We do not want a currency and network controlled by a political process. Yes the Core maintainers are a small group, but Bitcoin will grow beyond Core development. As the ecosystem grows, it will become more and more difficult to make any changes that are not absolutely necessary. This is a great property of Bitcoin, to be absolutely resistant to change. It inspires confidence that other parameters won't be changed in the future.
Another point I want to bring up is the halving we will experience later this year. We all want to believe that the price will increase significantly in response to the halving. This is far from guaranteed. A rising fee market will help subsidize miners during what WILL be an incredibly volatile year.
We, as the Bitcoin community have created something the world has never seen before. Bitcoin is worthless if we make it fragile enough to be ruined by State sanctions. Bitcoin is invaluable to me because it is anti-fragile.
submitted by 45sbvad to Bitcoin [link] [comments]

The owners of Blockstream are spending $75 million to do a "controlled demolition" of Bitcoin by manipulating the Core devs & the Chinese miners. This is cheap compared to the $ trillions spent on the wars on Iraq & Libya - who also defied the Fed / PetroDollar / BIS private central banking cartel.

At this point, that's really the simplest "Occam's razor" explanation for Blockstream's "irrational" behavior.
Once you let go of your irrational belief that Blockstream's owners actually want to get a "return" on their $75 million investment, from "innovations" such as sidechains technology (Lightning Network - LN) - only then will you be able to see that Blockstream's apparently "irrational" behavior is actually perfectly rational.
They say their goal is to "get rich" from LN. And if you believe that, I have a Dogecoin I'd like to sell you.
What are the real goals of Blockstream's owners?
Blockstream's owners don't give a fuck about the Rube Goldberg vaporware which some focus group christened "the Lightning Network". That name is just there to placate the masses of noobs who congregate on /bitcoin.
The owners of Blockstream are laughing at Adam Back as he continues to labor in isolation, the stereotypical math PhD who is clueless about economics, toiling away creating a slow, overpriced, centralized "level 2" payment layer on top of Bitcoin - a complicated contraption which may never work. They have neutralized him - but meanwhile, he thinks he's a rock star now, as "CEO of Blockstream". Little does he know he is the worst "collaborator" of all.
Investors are risk-averse
If Blockstream's owners really wanted to get rich from LN, do you really think they would freeze the "max blocksize" at 1 MB for the next year, when this 1-year freeze obviously risks destroying Bitcoin itself (along with their investment)?
Investors are not stupid - and they are risk-averse. They know that if there's no Bitcoin, then there's no Lightning - so their $75 million investment would go out the window.
And all the "Core" devs have actually gone on the record stating (in their less-guarded moments, or before they signed their employment contracts with Blockstream) that 2 MB blocks would work fine - even 3-4 MB blocks. Empirical research by miners has shown that 3-4 MB blocks - or even bigger - would work fine right now.
So why aren't the Blockstream investors pressuring the Core devs to go to 2 MB now, to remove the risk of Bitcoin failing?
If Blockstream did the "rational" thing and agreed to 2 MB now, the price would shoot up, the community would heal, innovation would start happening again. Bitcoin would proper, and Blockstream's investors would have a good chance at making a "return" on their investment.
For some reason, Blockstream's investors are trying to stop all this from happening. So we have to look for a different explanation. If the owners of Blockstream don't want to get rich from the Lightning Network, then what do they really want?
The simplest explanation is that the real risk which Blockstream's investors are "averse" to is the possibility of trillions of dollars in legacy fiat suddenly plunging in relative value, if Bitcoin were to shoot to the moon. They're afraid they'll lose power if Bitcoin succeeds.
In order to provide some support for this radical but simple hypothesis, we have to dive into some pretty nasty and shadowy geopolitics.
What do the wars on Iraq and Syria, JPMorgan's naked short selling of silver, and the book "Confessions of an Economic Hit Man" all have in common?
Whenever a currency tries to compete with the Fed / Petrollar / BIS [1] private central banking cartel, the legacy fiat power élite destroys that currency (if the currency has a central point of control - which Bitcoin does have: the Core devs, the Chinese miners, and Theymos).
[1] BIS = the Bank for International Settlements, often referred to as "the central bank of central banks"
Trillions of dollars were spent to take down the central banks of Iraq and Libya, because they defied the hegemony of the Fed / Petrodollar / BIS private central banking cartel.
https://duckduckgo.com/?q=ellen+brown+iraq+libya+bis
And while you're googling, you might want to look up whistleblower Andrew Maguire (who exposed how JPMorgan uses naked short selling to "dump" nonexistent silver in order to prevent the USDollar from collapsing).
https://duckduckgo.com/?q=andrew+maguire+jpmorgan
And you might also want to look up John Perkins, whose book "Confessions of an Economic Hit Man" is another major eye-opener about how "the Washington consensus" manages to rule the world by printing fiat backed by violence and justified by "experts" and propaganda.
https://duckduckgo.com/?q=john+perkins+confessions+economic+hit+man
That's just how the world works - although you have to do a bit of research to discover those unpleasant facts.
So for the legacy fiat power élite, $75 million to take down Bitcoin (and maintain their power) is chump change in comparison.
You all knew that "they" were going to try to destroy Bitcoin, didn't you?
Even Jamie Dimon practically admitted as much.
https://duckduckgo.com/?q=jamie+dimon+bitcoin
Did you really think they would be clumsy enough to try to ban it outright?
Private central bankers run this planet, and they have never hesitated to use their lethal combination of guns, debt and psyops to maintain their power. They pay for the wars, they keep people enslaved to debt, and they dumb down the population so nobody knows what's really going on.
Print up a trillion dollars here, kill a million people there, brainwash everyone with censorship and propaganda. That's their modus operandi.
So we shouldn't be surprised if they they ruthlessly and covertly try to take down Bitcoin. They have the means and the motivation.
It was only a matter of time before they identified the three weakest centralized points in the Bitcoin system:
And so that's where they applied the pressure.
I'm sorry to be rude, but all three of those players listed above are idiot savants / sitting ducks up against the full-spectrum of covert dirty tricks deployed by the legacy fiat power élite - whether it's money, ego-stroking, or pretending to go along with their crazy cypherpunk beliefs that Bitcoin will only prosper as long as it remains small enough to run a node on a dial-up internet on a Raspberri Pi in Luke-Jr's basement.
So the simplest explanation is this: Blockstream is a "front company" which has been established for the purpose of performing a "controlled demolition" of Bitcoin.
So Satoshi messed up. He messed up by baking in a 1 MB constant into the code at the last minute as a clumsy anti-spam kludge - which could unfortunately only be removed via a hard fork - and which the global legacy power élite have figured how to retain via social engineering directed at clueless Core devs and clueless Chinese miners (and clueless forum moderators).
So why is the price is still fairly stable?
Heck, I'm so paranoid, I wouldn't even put it past them to try to interfere with investors who might otherwise be trying to send a signal by "voting with their feet".
In other words, several observers have commented that the only way to liberate Bitcoin from the cartel of Chinese miners and Core/Blockstream devs is to crash the price.
And many other observers are puzzled that the price isn't crashing now that Bitcoin is being strangled in its cradle by Blockstream.
Well, this wouldn't be the first time that the Fed / PetroDollar / BIS private central banking cartel sent in the "plunge protection" team to artificially prop up their fragile, centralized, permissioned currency.
https://duckduckgo.com/?q=plunge+protection+team
Who knows, they could easily have printed up a few million dollars in phoney fiat and given it to players like Jamie Dimon or Blythe Masters who probably have access to the HFT (high frequency trading) tools to keep the price exactly where they want it, for as long as they want it. Manipulating an unregulated $6 billion market would be child's play for them.
The point is, we have no idea who is buying bitcoins at this price right now. Or what their motives are.
I know that if I were part of the legacy fiat power élite, this is exactly what I'd be doing now: buy off the devs, pressure the miners, encourage the censors, and play with the price - so nobody knows what the hell is going on. Prevent the price from crashing for the next year (so the community won't have a "smoking gun" to reject the Core devs and the Chinese miners)... and prevent it from going to the moon also (so the dollar won't look like it's crashing). Not too hard to do, especially if you have unlimited fiat at your disposal.
2016 is the perfect time to perform a "controlled demolition" on Bitcoin.
All the forces in the global economy are now aligned for a massive economic storm of epic proportions. Without Blockstream's interference, Bitcoin's price would be shooting to the moon right now, because it's the only digital asset class free of counterparty risk, compared to all the other garbage floating around in the system:
https://duckduckgo.com/?q=deutsche+bank+lehman
https://np.reddit.com/BitcoinMarkets/comments/45ogx7/daily_discussion_sunday_february_14_2016/d0015vf
https://duckduckgo.com/?q=china+capital+flight
https://duckduckgo.com/?q=NIRP+Negative+Interest+Rate+Policy
Bitcoin is one of the only safe harbors in this oncoming economic storm. So it should be skyrocketing right now - if there were no artificial constraints on its growth.
So if Blockstream were not doing a controlled demolition of Bitcoin right now by freezing the blocksize to 1 MB for the next year, then the Bitcoin price could easily go to 4,000 USD - instead languishing around 400 USD.
In other words: the USDollar would be crashing 10-fold versus Bitcoin.
The only bulwark against Bitcoin rising 10x versus the USDollar is Blockstream's stranglehold on the Core devs and the Chinese miners.
Just like the only bulwark against precious metals rising 10x versus the USDollar right now is JPMorgan's naked short selling of phoney (paper) precious metals, mainly via the SLV ETF (exchange traded fund).
https://duckduckgo.com/?q=jpmorgan+naked+short+selling+slv
(Most informed estimates say that there is 100x more "fake" or "paper" gold and silver in existence, versus "physical" gold and silver. So it's easy for JPMorgan to suppress the silver price: just naked-short-sell "paper" silver. They do this as a service to the Fed, to prop up the dollar. And your tax dollars pay for this fraud.)
The silence of the devs
Isn't it strange how not a single Blockstream dev dares to "break ranks" on the 2 MB taboo?
This unanimous code of silence among Blockstream devs speaks volumes.
Devs on open-source projects like this (particularly ones which were founded on principles of "permissionless" "decentralization") would never maintain this kind of uniform code of developer silence - especially when their precious open-source project is on the verge of failing.
Most devs are rebels - especially Bitcoin devs - ready to break ranks at the drop of a hat, and propose their brilliant ideas to save the day.
But right now - utter silence.
This bizarre code of silence which we are now seeing from the "Core" devs must be the result of some major behind-the-scenes arm-twisting by the owners of Blocsktream, who must have made it abundantly clear that any dev who attempts to provide a simple on-chain scaling solution will be severely punished - financially, legally and/or socially.
Blockstream has deliberately set Bitcoin on a suicide course right now - and all the devs there are silently complicit - and so are the Chinese miners who submissively bowed down to Blockstream's stalling "scaling" roadmap.
But I don't really blame the devs and the miners. I feel bad for them.
I'm not really "blaming" any Chinese miners for being used like this - nor am I really "blaming" devs such as Adam Back, Greg Maxwell, etc.
Nor do I really "blame" guys like Austin Hill.
And I even think guys like Theymos and Luke-Jr "mean well".
They're all just being played. They think they're doing the right thing. Their arguments are genuine and heart-felt. Wrong, but heart-felt. This is what makes them so dangerous - because they really sound sincere and convincing. This is why they are the perfect pawns for the owners of Blockstream to play like this.
Subtle coercion
We recently found out that they locked the Chinese miners in a room for 13 hours until 3 AM to force them to sign an "agreement" to never use any code from a competing Bitcoin implementation that would increase the blocksize.
https://np.reddit.com/btc/comments/46tv22/only_emperors_kings_and_dictators_demand_fealty/
Have you ever seen this kind of coercion in an open-source project - an open-source project founded on the principles of "permissionless" "decentralization" - where many of the founders were "cypherpunks"??
The miners and the devs - and Theymos - and guys like Austin Hill - all are passionate about Bitcoin, and they all believe they are doing "the right thing".
But they are being manipulated, without their knowledge, by the real power behind Blockstream.
Prisoners in a golden cage
Strange how we never get to hear what really goes on behind closed doors at Blockstream. We never get to see the PowerPoint decks, we never get to find out who said what. Blockstream's public messaging is tightly controlled.
If Bitcoin were to have a "core" dev team, it should have had something like the Mozilla Group, or the Tor Project - non-profits, who answer to the public, not to private investors. Instead we got Blockstream - a private company funded by some of the biggest players of the legacy fiat power élite. WTF?!?
If they wanted to develop sidechains and LN, then fine, they should be able to. But what they're really doing is radically changing Bitcoin itself - mainly by freezing growth at 1 MB blocks now, which is choking the system.
Depite all this, I still would not go so far as to say that the Core devs and the Chinese miners are really "traitors". At most, they are actually prisoners in a golden cage, who are not even really conscious of their own imprisonment. They're smart people - and in some ways, smart people are actually easier to fool, once you figure out what they believe in.
So this is what I really think the owners of Blockstream have done. They've figured out how to manipulate the Core devs and the Chinese miners - and they're happy that Theymos is playing along, censoring the main online forums - so they're able to move ahead with their plan to do a "controlled demolition" of Bitcoin, and it only cost them $75 million dollars.
Centralization got us into this mess.
The only reason Bitcoin is vulnerable to this kind of "controlled demolition" being performed by the owners of Blockstream is because mining operations and dev teams are centralized - thus providing a single, vulnerable point where the legacy fiat power élite could easily deploy their full-spectrum attack.
We finally have a digital asset with no counterparty risk - and they want to take it away from us, so that we continue to depend on their debt-backed, violence-backed legacy fiat.
And they're able to do this because the Core devs and the Chinese miners and Theymos were such easy gullible centralized targets.
Decentralization will get us out.
If you are a miner or a dev, and if you want Bitcoin to survive, then you must go back to the principles of permissionless decentralization.
Go dark, release some code anonymously.
Release an internal Blockstream PowerPoint deck or some internal Blockstream emails to Wikileaks, exposing what the Blockstream investors are really up to.
Otherwise, Bitcoin is probably going to fail to realize its potential - and we'll have to wait a while for truly decentralized development (and mining, and forums) to possibly create a successor someday.
If you're a hodler, it would be great if such a phoenix rising from Bitcoin would be a "spinoff" - ie, a coin bootstrapped off of the existing ledger (to preserve existing wealth, while upgrading to a new protocol for appending new blocks).
https://bitcointalk.org/index.php?topic=563972.0
But who knows.
submitted by UndergroundNews to btc [link] [comments]

[USA-NC] [H] Local cash, PayPal [W] EVGA GTX 1080 Ti

I blame the miners.
Long story short, I just parted ways with my 2 year old MSI GTX 970 and expected to source an EVGA GTX 1080 Ti reference card quickly and for not a lot of money.
It seems, however, that my plan was ill-timed. No sooner had I started looking than I saw inventory selling out everywhere and prices of BNIB units skyrocketing. If Jamie Dimon ends up being right about Bitcoin, ethereium, and the other cryptocurrencies, then this hyped-up demand for GPUs is going to look spectacularly, fantastically silly.
I just want to use my Vive. That's it. No mining, no over clocking, no SLIing. Just VR. Promise.
Please let me buy your 1080 Ti. It will come to a good home and be treated with respect.
PayPal verified and have hundreds of confirmed trades over on /starcitizen_trades.
Thanks in advance!
submitted by ipreferpeanutbutter to hardwareswap [link] [comments]

FUD From All Sides: In Defense of CME's Bitcoin Futures Plan

https://www.coindesk.com/fud-sides-defense-cmes-bitcoin-futures-plan/
William Mallers, Jr. started First American Discount Corporation with his father in 1984, eventually building it into the third-largest discount futures brokerage. He sold it in 2001 to Man Financial and then retired.
In this opinion piece, Mallers argues CME Group's plan to offer bitcoin futures will benefit the futures trading industry and the bitcoin community alike – notwithstanding hand-wringing in both worlds about the idea.
I'm a member of the Chicago Mercantile Exchange. I've also been a bitcoiner since 2013. So, when CME Group announced its intention to launch bitcoin futures in the coming weeks, I thought, "Great! Way to go, CME."
The first exchange to offer a futures contract on bitcoin is good news for my CME friends: more trading volume and and speculative opportunities. And it's also good for my bitcoin friends: the legitimacy and access is sure to help with adoption and higher bitcoin prices. Win-win! Right?
Well, that wasn't quite the response I got.
Instead I heard just about every negative stereotype about both futures trading and bitcoin, from both communities. Let's try to put these misperceptions to rest.
'Tulips' in 5,4,3...
First, there’s this from the futures industry’s most widely read blog, John Lothian News:
"The risk of bitcoin is in its history and the cloud surrounding its creation and early fraudulent days. Who is Satoshi? Where is he today? What happened at Mt. Gox? Is it still used to launder money? Why won't China let people trade bitcoin and what does this have to do with money laundering or capital controls?"
Good Lord. If you've been in enough arguments with bitcoin skeptics you know what's coming after the drug-dealing, money-laundering slam, right? Next up: the tulip-bulb analogy.
Sure enough, Lothian says, "I don’t want to be on the wrong side of history. But the history I am looking at is … 1636-37. That was the peak of tulipmania."
And that, my friends, is why I spent my first two years in bitcoin not sharing my passion with any non-bitcoiners. "Bitcoin? Never heard of it."
But because I have benefited from all the hard work that others have done to advance this project – hosting meetups, dispelling misinformation – and all I've done is log into my account and click "Buy," I thought I'd try to do my part.
A margin clerk's dream
Here's what I wrote to Lothian (a former employee at the futures brokerage I ran), and maybe it will help you with your bitcoin futures doubters:
"Hey John, it's Junior from your old FADC [First American Discount Corporation] days and I’ll be glad to help you understand bitcoin.
"But first – recall how you used to try to collect margin money by first asking the customer to provide a contact at his bank who could confirm that he had sufficient funds in his account and that he had initiated the wire. Why did we have you do that? Because we knew we wouldn’t get the money until the next day; his bank, while debiting his account immediately, would wait until the end of the day to wire us the money (unless he stopped the wire) and our bank wouldn’t credit us until mid-morning the next day, at the earliest.
"Now, imagine, instead of that 24-hour headache, your under-margined customer simply waved his cell phone at our FADC QR code and we got the money within 10 minutes, or at most a few hours. Bitcoin is a margin clerk's dream come true: near-instant peer-to-peer value transfer! It's easy to see why Jamie Dimon doesn’t like it, but a former margin clerk? You should be loving this technology and cheering for its adoption!
"I know having an asset protected by the computing power of a globally distributed network doesn't feel as secure as having armed guards protecting a bank vault, but if you get some time, there are websites that estimate the cost of amassing enough computing power to defraud the bitcoin network. This site estimates about $1 billion in electricity per day, plus over $1 billion in equipment, to counterfeit one transaction. In other words, it would be way cheaper for the Hunt brothers to corner today’s silver market than it would be for me to con an online retailer like Overstock into sending me free patio furniture. It's called a '51% attack' because I’d need to control a majority of the network hashing power to get a consensus mechanism to accept my phony accounting.
"Bernie Madoff-style cons are hard to pull off; I need years to earn my victims' trust, I have to get a reputable accounting firm to bless my forged statements, etc ... but Madoff's con was far easier than going undetected while amassing billions' worth of computing power. Plus, since new bitcoins are awarded to the miners proportionate to their computational contribution, if I did have that much computing power, I may as well amass bitcoins the honest way, right?
"That's one of the fun insights into this project: it manages to align all participants through economic incentive."
Overwhelming demand
When Terry Duffy, CME's CEO, says it's offering bitcoin futures in response to customer demand, I'm sure he’s right.
I know from writing brochures for commodity trading advisors that money managers want non-correlated assets. That's the only reason they own gold.
When the stock market tanks or a terrorist attack happens, that's when gold rallies. After 9/11, the stock market dropped over 7 percent, but gold spiked.
Bitcoin, like gold, is a perfect non-correlated asset to add to an investment portfolio. I am not surprised that there is such overwhelming demand for bitcoin futures from traders. Now, every trader is going to have the option to invest right there on their screen without having to do the onerous work of buying and securing bitcoin itself.
Risk controls
As for claims that CME futures trading will put the exchange at risk, they are overblown.
CME clearing privilege requires a large amount of capital. If a member's capital level drops below the threshold required to clear, the CME removes customer accounts and places them with a firm that has the capital to support them. Again, customers come first.
Stock index futures functioned as designed during the 1987 crash, grain futures likewise during the 1988 drought, currencies during the high volatility after the Plaza Accord. Consider this: prior to 1982, if you’d predicted where the most successful stock index contract would launch, you’d guess probably the New York Stock Exchange, right? But S&P 500 Index Futures launched at the Chicago exchanges next to the pork-belly pit, U.S. Treasury futures next to the soybean pit.
CME has done its homework on bitcoin; it's well aware of bitcoin's volatile price history and has the experience and controls in place to clear bitcoin futures.
Amazing, isn't it? The exchange that offers risk-management products should avoid bitcoin because it’s "risky?" Huh? I’ve never seen anything like bitcoin that inspires such lame arguments from its opponents.
This ain't Wall Street
Then, there's all the bitcoiners' FUD: "Here comes Wall Street to drive the price of bitcoin down, manipulate the market and ruin it for us!"
Suffice it to say, for many of the same reasons I gave above, I don’t believe that to be true.
Keep in mind that CME is not Wall Street. The Chicago exchanges have an ethos like bitcoin's: transparency, security, independence and accountability.
To all the people hand-wringing on both sides, let's just see how this plays out. I have decades of experience with the Chicago exchanges and feel reasonably certain that you all are wasting your breath and paying too much for full-page ads in print newspapers.
Let's get this thing to the moon!
submitted by BitcoinAlways to Bitcoin [link] [comments]

A possible solution to the current EDA Situation. *Lower the amplitude*

The current EDA situation is disruptive and damaging due to the massive see-saw movements of mining power from BTC to BCH and then back gain, each time one or the other coin becomes "more profitable".
The abandoned coin then becomes bogged-down in long wait times between found blocks, causing users inconvenience or worse, and perhaps to even reconsider using BTC and/or BCH at all and move to other coins. And to the non-believing outside world the situation could justifiably make the proposal of mass public use of any cryptocurrency appear to be unwise and prone to puzzling and completely unnecessary problems. . Short of another hard fork to fix this in the code, there is a possible solution that I would like others to consider.
Steady, unwavering mining power that does not move. In other words, Hey Miners, let's stop moving our mining power back and forth. Especially if a substantial amount of your fellow mining pool members do the same, you will still mine blocks and make good money even with an increase in difficulty. The "lost" (opportunity cost) profits will be recovered easily with increased value in BCH. With market prices of coins fluctuating for all sorts of other reasons (ie Jamie Dimon, for example, and other clowns and rumors of rumors etc) this "lost" amount is a fairly small fraction compared to the total amount, and also compared to the damage being done to the reliability and usability of the BTC/BCH ecosystem. I'm hodling as much of my mined coins as I can, anyway. This brings up another viewpoint: Like it or not, BTC and BCH are actually linked for now. They are much like divorced parents who still have to make contact. I guess the miners are like their children, who can (if they decide to) swing their love and affection drastically and unfairly from one parent to another. This of course does not make a bad situation better. It might give the children a feeling of control but the benefits are shallow and in the end are terribly counterproductive. However, if the children are wise and care about enjoying a happy life, they would not aggravate the broken relationship between the parents, but seek to soothe it, so that everyone can make the best of an unfortunate situation and perhaps then each individual involved can work on sorting out their own personal problems. (LOL, I realize I'm stretching this metaphor beyond the breaking point, but I hope there is some value in it!) .... Personally, in the first week of August, I paid for some cloud mining contracts because I greatly wanted Bitcoin Cash to succeed, and short of having gobs of dollah bills to throw at direct investing in this new coin, I wanted to support it by doing my small part in making sure that 'baby Bitcoin Cash' had enough mining power commited to it. (Things looked pretty darned precarious at the time). So NOW, with this same concern and willingness to protect Bitcoin Cash, I have largely resisted the temptation (*...I confess! I did jump on the bandwagon, and move my miners, once. Or twice? o.O ) to shift my miners back and forth with each swing of the difficulty pendulum. ... But to reiterate, my proposal is: If more of us miners would simply stop see-sawing back and forth, collectively our pools would continue to mine a steady number of blocks of BCH even after a difficulty increase, and the subsequent fluctuations will become less drastic, and hopefully things will settle into a steady "normal" and more reliable situation. And, this would be just in time before the next big storm brewing on the horizon which will hit us, ALL OF US, whether we are in the BCH camp or not... ... Which brings up another point: If BCH is going to be perceived as a safe harbor from the embarrassingly inane craziness that will almost inevitably result from the upcoming chaotic fork of BTC---and I think there is a GREAT OPPORTUNITY for our lovable BCH in this---we have another reason to make efforts to minimize the current drastic amplitude of the EDA fluctuations as much as we can. Anyway, best regards to everyone, and thank you for reading all the way through this! [sorry for the longishness of the post. I'm hyped-up on coffee right now...!]
submitted by xedd to btc [link] [comments]

Fidelity, Bakkt and an ETF Approval will Drive Bitcoin’s Price to $15k in 2019’: Bitpay’s Sonny Singh

Fidelity, Bakkt and an ETF Approval will Drive Bitcoin’s Price to $15k in 2019’: Bitpay’s Sonny Singh

https://preview.redd.it/lga55m1pywz11.jpg?width=960&format=pjpg&auto=webp&s=029164fbc9377e5202091ed16a521d13d9088f88
BitPay a #Bitcoin payment processing company had been in the news for some time due to their addition of stablecoins among the payment options for merchants.
However, the negative volatility in the crypto market has made most cryptocurrencies to tumble and to trade below their previous year high values. This has made some #cryptocurrency #investors, influencers, analyst and researchers to change their position on forecasts about some coins like Bitcoin. In a recently published interview, Tom Lee of Fundstrat reaffirmed his position of $15,000 by year end for Bitcoin
Joining Tom Lee to maintain his position on Bitcoin price prediction is the chief commercial officer (CCO) of Bitpay Sonny Singh.
Sonny Singh had said previously that Bitcoin could get to its all-time high of $20,000 by next year and could not get below $15,000 by the end of next year. This he reaffirmed in an interview with Bloomberg Technology. Singh said:
“Next year will see new players and miners emerge in the industry. We will not see any rapid shift but by the end of Q1 or Q2, Bitcoin will emerge as a viable commodity. Bitcoin has become mainstream adoption around the world, it has got a great brand reputation.” Just like Tom Lee said that institutional investments will be a major drive in attaining his prediction of Bitcoin value, Sonny Singh said that the awaiting Launch of Bakkt by Intercontinental #Exchange (ICE) by Jan 2019, the arrival of Fidelity into the crypto market and the expected approval of Goldman Sachs and Black rock #ETFs could drive Bitcoin to a “new direction.”
Although the CEO of JPMorgan Jamie Dimon had called Bitcoin a “fraud” in a statement in 2017, Sonny believes that going by the role of big #financialbodies in the crypto market presently and the attraction of other institutional investors, that JPMorgan could still retrace its stand and invest in the Crypto market.
Singh had to inform that irrespective of the downtrend in the crypto market, that Bitcoin with the highest market capitalization still maintains more than 50% dominance in the entire market.
On ICOs Current stance since the decline, Sonny Singh said that:
“The ICO market is pretty much dead right now. None of them are going to survive unless Bitcoin survives first” Singh continued that the ICOs market needs Bitcoin to succeed going by the regulation challenge they face with US SEC.
He concluded that his prediction depends on Bitcoin ETF approval “because as for the adoption of bitcoin, he said that, “They move very slow because nothing moves fast in #FinTech.”
submitted by iTradeBit to bitcoin_crypto [link] [comments]

Subreddit Stats: btc top posts from 2015-11-07 to 2018-12-03 19:07 PDT

Period: 1122.63 days
Submissions Comments
Total 1000 177195
Rate (per day) 0.89 157.49
Unique Redditors 537 19498
Combined Score 606295 1044009

Top Submitters' Top Submissions

  1. 28637 points, 50 submissions: Egon_1
    1. bitcoin mods removed top post: "The rich don't need Bitcoin. The poor do" (4810 points, 506 comments)
    2. WSJ: "[bitcoin core] fees have reached an average cost of about $30 per transaction. That makes bitcoin virtually unusable for all but very large transactions. The Bitcoin Cash crowd is just trying to offer a solution to that problem." (1305 points, 338 comments)
    3. Friendly reminder that the LiteCoin ($36) founder sold 100% of his coins as it ran up to $300 while wearing a HODL shirt for video interviews. (1192 points, 293 comments)
    4. Rick Falkvinge:"Fun fact: I am aware of a truckload of companies currently in the process of converting from Bitcoin Legacy to #Bitcoin Cash. I am aware of zero (0) companies going the other direction." (657 points, 226 comments)
    5. "Bitcoin.com wallet now displays "Bitcoin Cash" and "Bitcoin Core" balances. Should satisfy everyone, right? ;)" (627 points, 444 comments)
    6. GDAX: "We will open the BCH-BTC Order Book on Wednesday, January 17 at 9:00 am PST." (618 points, 112 comments)
    7. Stephen (BitPay CEO):"a typical #bitcoin transaction costs $1.80 now, >200k unconfirmed transactions, time for a hard fork to larger blocks ... 8mb please" (544 points, 113 comments)
    8. Erik Voorhees: "Changing Bitcoin's proof-of-work to prevent miners from mining is the most absurd and reckless thing I've heard in the scaling debate." (539 points, 171 comments)
    9. Erik Voorhees: "Fellow Bitcoiners, are you ever going to realize how problematic these fees are getting? Avg fees now over $40 per tx. A year ago avg fee was $4. A year prior, $0.40. Growing faster than price, and exponentially with usage. We just spent $4800 to move 15 BTC in one TX." (539 points, 147 comments)
    10. BitPay CEO: “If people can’t engage in commerce, it’s hard to imagine why they’d want to store their money in Bitcoin in the first place” (537 points, 133 comments)
  2. 26883 points, 56 submissions: MemoryDealers
    1. I'm Roger Ver, CEO of Bitcoin.com and world's first investor in Bitcoin startups. AMA (978 points, 932 comments)
    2. The pro Bitcoin Cash video from CNBC made it to the very front page of Yahoo.com! (858 points, 189 comments)
    3. I (Roger Ver) will be doing an AMA on Monday Dec 18th starting at 10AM EST on /BTC because /Bitcoin is completely censored. (826 points, 412 comments)
    4. Reminder: Blockstream and Core got 100% of everything they asked for. (807 points, 332 comments)
    5. I'm giving away $100 each of BCH and BTC on live TV tomorrow by displaying the private key. Guess why? (738 points, 827 comments)
    6. How wrong were they? More than 2 years ago the CEO of Lightning Labs said LN would be ready in less than 6 months (695 points, 275 comments)
    7. To the Censorship loving tyrants in /Bitcoin, don't Say Bitcoin.com didn't warn you! "In the unlikely event that the 2MB block size increase portion of Segwit2x fails to activate, Bitcoin.com will immediately shift all company resources to supporting Bitcoin Cash exclusively." (672 points, 363 comments)
    8. Sign the Petition for Clemency for Ross Ulbricht, Serving Double Life for a Website (663 points, 227 comments)
    9. I just bet 1,000 BTC (~$4M USD) that Segwit 2X coin will have more value than Segwit 1x coin. (644 points, 398 comments)
    10. If you think consumers are going to throw away $100’s (and soon $1000’s) on transaction fees to open up a payment channel on the Lightning network, you are delusional. (599 points, 219 comments)
  3. 12737 points, 26 submissions: hunk_quark
    1. Censored! Youtube removes Roger Ver's video on "The effects of Censorship and Propaganda upon Bitcoin" (1002 points, 296 comments)
    2. CNBC is waking up (886 points, 144 comments)
    3. Despite massing brigading from bitcoin and core, @Bitcoin twitter account has gained 50k subscribers since it came out in support of BCH last week. (627 points, 197 comments)
    4. Warren Buffet's Berkshire is the single largest stockholder in BoA and WellsFargo. In case you were wondering about his attitude towards Bitcoin. (619 points, 113 comments)
    5. Bitfinex defines Bitcoin Cash as the coin that fulfills the original promise of p2p cash, a bitcoin upgrade that is ready to scale and sound money! #Winning (599 points, 164 comments)
    6. Wouldn't wanna be this shopper. (581 points, 124 comments)
    7. GDAX enabling EUBCH trading pair next week. #winning 🎆 (572 points, 66 comments)
    8. Thank to this community's effort, Forbes has corrected Kyle's Torpey's LN article to clarify LTC tx fees is much higher than BCH. Now let's ask for 1 more correction: Bitcoin cash is not Bcash. Links in comments. (508 points, 173 comments)
    9. Elizabeth Stark of Lightning labs calls out Blockstream on letting users tinker with LN that's neither safe nor ready for mainnet. (490 points, 266 comments)
    10. The $2000 tip for Bitcoin ABC dev shows we don't need blockstream to pay our developers, we can do community funding through tippr! (463 points, 131 comments)
  4. 12410 points, 23 submissions: BitcoinXio
    1. /bitcoin is censoring the NIST report that says "Bitcoin Cash is the original blockchain" and Bitcoin Core is not. If you have to censor to get people to believe you, then you have lost. (855 points, 496 comments)
    2. Free_Ross on Twitter: "ALL charges of murder-for-hire vs. Ross are now dropped. After almost 5 years, gov't has moved to dismiss final MD indictment based on evidence from corrupt agent now in prison." (759 points, 211 comments)
    3. Someone hacked the account todu which was a mod here to point users to /bitcoin (732 points, 259 comments)
    4. Former /cryptocurrency mod: "I used to be a mod of cryptocurrency until they kicked me out. Now, that sub, is controlled all by mods with accounts less than 7 months old!" (724 points, 214 comments)
    5. Congrats: /btc has reached 150,000 subscribers! (696 points, 356 comments)
    6. Twitter continues to go downhill - flags @Bitcoin account as ‘temporarily restricted due to unusual activity’ (635 points, 216 comments)
    7. There is a huge edit war on Wikipedia where trolls like the user "Jtbobwaysf" are trying very hard to inject the word "bcash" into Bitcoin Cash pages and reverting/editing other pages that speak factually poorly on topics such as Lightning Network, Segwit, etc. (622 points, 148 comments)
    8. What /bitcoin mods desperately don't want you to see! (601 points, 104 comments)
    9. /btc is trending on reddit today, congrats everyone! (586 points, 18 comments)
    10. Bitcoin Cash is upgrading on May 15 to 32MB max block limit (579 points, 334 comments)
  5. 11766 points, 16 submissions: BeijingBitcoins
    1. Average Bitcoin transaction fee is now above five dollars. 80% of the world population lives on less than $10 a day. So much for "banking the unbanked." (3417 points, 463 comments)
    2. Dear Reddit Admins: We need to talk about /Bitcoin (1342 points, 280 comments)
    3. Paid for this whisky with Bitcoin Cash! Ginza bar becomes third Tokyo retail establishment to accept BCC (747 points, 60 comments)
    4. Samson Mow says Bitcoin isn't for people earning less than $2 a day. With average transaction fees now at $27.20, is Bitcoin even for people earning less than $100 a day? (659 points, 160 comments)
    5. Protip: If you are new to Bitcoin and cryptocurrency in general, you really should read the document that started it all, the Bitcoin whitepaper [PDF] (642 points, 69 comments)
    6. With the public spotlight on Reddit censorship, now would be the perfect time to let the rest of Reddit know about the censorship on /bitcoin (641 points, 121 comments)
    7. /Bitcoin in a nutshell (531 points, 68 comments)
    8. Three years ago today, Mike Hearn published an article explaining exactly what would happen when the 1MB blocksize limit was hit. He was right on all counts. (483 points, 168 comments)
    9. Shit, they're on to us (449 points, 65 comments)
    10. "Am I so out of touch?" (443 points, 164 comments)
  6. 9301 points, 2 submissions: censorship_notifier
    1. Evidence that the mods of /Bitcoin may have been involved with the hacking and vote manipulation "attack" on /Bitcoin. (8585 points, 1166 comments)
    2. New anti-censorship bot for /bitcoin (716 points, 345 comments)
  7. 7980 points, 16 submissions: increaseblocks
    1. No Neo I'm trying to tell you ... (706 points, 77 comments)
    2. Blockstream is falling apart - Greg Maxwell resigns - Blockstream takes down team page in a hurry to reorg team - Adam Back must be worried (675 points, 492 comments)
    3. * Ripple is not mineable (it is a centralized private blockchain run by banks) (622 points, 254 comments)
    4. rBitcoin moderator confesses and comes clean that Blockstream is only trying to make a profit by exploiting Bitcoin and pushing users off chain onto sidechains (578 points, 188 comments)
    5. Blockstream investor emails leaked - shows Blockstream motivation to steal transaction fees from miners and pay to Liquid sidechain customers (539 points, 250 comments)
    6. Fixed - Bitcoin Cash moving money far better. SegWitCoin moving money with high fees and slow confirmation times! (532 points, 105 comments)
    7. Vitalik Buterin says what we've all been saying - CoinDesk is scammy and complicit bad actor in the cryptocurrency world and should be shunned (505 points, 59 comments)
    8. "Blockstream plans to sell side chains to enterprises, charging a fixed monthly fee, taking transaction fees and even selling hardware" source- Adam Back Blockstream CEO (498 points, 143 comments)
    9. Coinbase comes through and does the correct thing and adds clarification on the upcoming Segwit2x Fork (454 points, 194 comments)
    10. Core trolls have hard decisions to make (437 points, 140 comments)
  8. 7772 points, 1 submission: PedanticPendant
    1. The idiocracy of bitcoin (7772 points, 750 comments)
  9. 7763 points, 13 submissions: jessquit
    1. You can now store a year's worth of continuously full 8MB blocks for the cost of a single BTC transaction (1378 points, 386 comments)
    2. There never was a "scaling problem." The only problem is "people that don't want Bitcoin to scale." (772 points, 419 comments)
    3. Please stop saying "Increase the block size" (660 points, 449 comments)
    4. [PSA] If your Bitcoin are not ready-to-transact in a wallet whose keys you exclusively control, then you don't control your Bitcoin (622 points, 215 comments)
    5. Why us old-school Bitcoiners argue that Bitcoin Cash should be considered "the real Bitcoin" (587 points, 586 comments)
    6. I think we need an EDA fix before the Nov hardfork (541 points, 345 comments)
    7. Why large blocks: because one man's "coffee purchase transaction" is another man's monthly income (501 points, 104 comments)
    8. This sub is under major attack (494 points, 319 comments)
    9. There is a word for a "store of value" with no underlying utility, and that word is "collectible" (481 points, 169 comments)
    10. Ripple user comes to defend Ripple, gets hundreds of upvotes, but can't answer the most fundamental question: what prevents inflation? (459 points, 404 comments)
  10. 7400 points, 16 submissions: Windowly
    1. "If BCH hashpower > BTC, I'll start referring to it as just 'Bitcoin' :" ~ Gavin on twitter (778 points, 238 comments)
    2. You want to go grab a coffee?? (642 points, 413 comments)
    3. "I guess my idea of "freedom from corrupt banks" didn't include transaction fees that forced 99% of the world's population to keep using banks."~Erik Voorhees (603 points, 122 comments)
    4. "Bitcoin needs multiple clients and independent developer groups. There were 0-days in Microsoft Windows for two decades despite billions spent on development. Cut new teams some slack as they ramp up." ~Cornell Professor and Bitcoin researcher Emin Gün Sirer (506 points, 91 comments)
    5. "With recent developments, I'm putting all available dev resources to retool my software for #Bitcoin Cash. I suspect I'm far from alone."~Rick Falkvinge (Pirate Party) (493 points, 134 comments)
    6. "We've tested Bitcoin Cash vs Lightning Network and... LN feels so unnecessary and over-complicated. Also, still more expensive than Bitcoin Cash fees - and that's not taking into account the $3 fees each way you open or close a $50 channel. Also two different balances? Confusing" ~ HandCash (461 points, 252 comments)
    7. That Awkward Moment. . . . (429 points, 129 comments)
    8. "There was an entire mall in 2013 to 2015 in Berlin that accepted Bitcoin. This stopped when fees rose. There was wide adoption once. Fees kill use"~Dr. Craig S. Wright (424 points, 150 comments)
    9. Bitcoin Cash finally released on Open Bazaar! (420 points, 36 comments)
    10. "Billion-dollar corporations take note: Bitcoin Cash is open for business! Just try to fill up our blocks, I dare you. There will be no "Fidelity Effect" with BCH. Unlike BTC, we want you to use the Blockchain. BCH never really hits a scale ceiling."~Dr. Peter Rizun (413 points, 177 comments)
  11. 6980 points, 1 submission: boomtnt46
    1. As of today, Steam will no longer support Bitcoin as a payment method (6980 points, 1178 comments)
  12. 6385 points, 9 submissions: rdar1999
    1. South Koreans sign petition (100k signatures) to reject ban proposal and 30k signatures asking to FIRE the Justice Minister and the Finance Minister for market manipulation. Crypto is winning!! (1863 points, 117 comments)
    2. BREAKING NEWS: South Korean Government confirms NO CRYPTO BAN. What they will do is to enforce regulations, anti money laundering task force, anti market manipulation, the usual stuff. (1085 points, 51 comments)
    3. Friendly reminder: Vitalik "I consider BCH a legitimate contender for the bitcoin name." (794 points, 181 comments)
    4. Shutting down or restricting the uses of bank accounts, thereby forbidding clients to buy crypto, is a blatant affront to the rights of civil liberty, manifested, but not limited to, in the rights to private property and free speech (562 points, 262 comments)
    5. GDAX: Bitcoin Cash Launch Retrospective -- trades were halted after 3 minutes because THE STASH DRIED OUT DUE TO AN AVALANCHE OF BUY ORDERS (485 points, 162 comments)
    6. While Jamie Dimon is shutting down your accounts, Russia’s largest State Bank is about to open cryptocurrency exchange In europe (439 points, 38 comments)
    7. Flippening: blockexplorer.com says: "We have made the decision to support the only bitcoin fork with a postive utility momentum, which is Bitcoin Cash.(...) We will not add future support for the Blockstream fork of bitcoin ("Bitcoin Legacy"), and will be deprecating it entirely " (428 points, 110 comments)
    8. National Institute of Standards and Technology confirm: "Bitcoin Core (BTC) is a fork and Bitcoin Cash (BCH) is the real Bitcoin" p.43 para 8.1.2 (372 points, 115 comments)
    9. TABGATE==> the astroturfing/hired shills scandal. Adam Back let it slip he hires full-time teams of social media shills/trolls. Just read! (357 points, 271 comments)
  13. 6162 points, 7 submissions: normal_rc
    1. Legacy Bitcoin tries to buy a cup of coffee (2305 points, 499 comments)
    2. WARNING: Brutal scam. Guy buys a Ledger Nano wallet on Ebay, and it steals all his cryptocurrency ($34,000, which is his life's savings). (1479 points, 522 comments)
    3. How the Bilderberg Group, the Federal Reserve central bank, and MasterCard took over Bitcoin BTC. (589 points, 220 comments)
    4. Cryptocurrency usually automatically downvotes any pro-BCH thread into oblivion. But I got my CoinText.io post to trend to #3 on their front page, by simply not saying "Bitcoin Cash". Proof that people would love BCH if they kept an open mind. (542 points, 202 comments)
    5. Tor Project can accept small donations again, thanks to Bitcoin Cash. (458 points, 35 comments)
    6. 100,000+ Merchants Start Accepting Bitcoin Cash. More than 100,000 BitPay merchants are now accepting Bitcoin Cash with the option seemingly automatically turned on for all of them. (416 points, 108 comments)
    7. Bitpay announcement: Electron Cash wallet now fully supports Bitpay BIP70 payment invoices for Bitcoin Cash. (373 points, 37 comments)
  14. 6023 points, 12 submissions: BitcoinIsTehFuture
    1. “Graphene” is a new Bitcoin block propagation technology that is 10x more efficient than Core’s “Compact Blocks”! Created by: Gavin Andresen, A. Pinar Ozisik, George Bissias, Amir Houmansadr, Brian Neil Levine. (717 points, 224 comments)
    2. Just so you guys know: Ethereum just had another successful hardfork network upgrade. Blockstream is wrong when they say you cannot hard fork to improve things. (655 points, 398 comments)
    3. Western Union vs. Bitcoin vs. Bitcoin Cash (625 points, 102 comments)
    4. This was an orchestrated attack. (574 points, 373 comments)
    5. It's called "Bitcoin Cash". The term "Bcash" is a social attack run by bitcoin. Not joking. Here is the full explanation, with proof. (567 points, 310 comments)
    6. On a reply I made in bitcoin that had over 350 upvotes, I was first somehow blocked from being able to reply on bitcoin and then actually banned when I edited my comment to state that I was blocked from replying. (502 points, 99 comments)
    7. The /bitconnect subreddit just got set to private! Bitconnect experienced a 90% drop, from over $300 down to $26! The scam has gone belly up at last! (447 points, 168 comments)
    8. Bitcoin Core Dev "Luke-jr" is asked why he is interested in Bitcoin. This is one of the main people in charge of Bitcoin right now. (405 points, 383 comments)
    9. I believe Bitcoin Core/Blockstream is now attempting to infiltrate Bitcoin Cash in the same manner that they did with Bitcoin Segwit. They are suddenly befriending Bitcoin Cash. Only in that way can they destroy from within. Do not be fooled. (401 points, 166 comments)
    10. #NOTX (390 points, 56 comments)
  15. 5329 points, 1 submission: 11111101000
    1. Buy, sell, send and receive Bitcoin Cash on Coinbase (5329 points, 1019 comments)
  16. 5147 points, 2 submissions: peptocurrency
    1. Guess who controls over half a billion Tethers across 3 exchanges—over 73% of USDT currently in circulation. (4748 points, 635 comments)
    2. Dear Bitcoin: You're right. BTC has been attacked. (399 points, 107 comments)
  17. 5098 points, 9 submissions: btcnewsupdates
    1. Starbucks CEO Wants Crypto. Considering All Currencies Except Bitcoin Core (BTC): "It is not a currency today nor will it be in the future” (820 points, 218 comments)
    2. Roger Ver: "Dear @reddit, [...] I'll pay you $100,000 USD if you simply appoint a moderator to /Bitcoin who supports free speech." (804 points, 424 comments)
    3. Hundreds of botted accounts mixed with some real ones simultaneously post "Bitcoin Cash is Trash" on twitter. Blockstream reaching sheer desperation status. (719 points, 281 comments)
    4. Overstock accepts Bitcoin Cash - BCH holders can now buy Home Goods, Bed & Bath Essentials, Jewellery & More! (591 points, 115 comments)
    5. ProtonMail asking for community assistance to enable Bitcoin Cash payments (538 points, 86 comments)
    6. WooCommerce brings Bitcoin Cash (BCH) to its 380,000 online retailers. (474 points, 98 comments)
    7. A Bitcoin Entrepreneur Jonathan Hamel knowingly misleads a Canadian Parliamentary committee to smear Bitcoin Cash (BCH). More Lawlessness from Bitcoin/Lightning (399 points, 193 comments)
    8. Largest Sports Gambling Site in the World, Bovada, now Accepts BCH. Billions of dollars in transactions a year (388 points, 60 comments)
    9. Bitcoin Cash support on OpenBazaar now live (365 points, 43 comments)
  18. 4698 points, 7 submissions: cryptorebel
    1. You have $100 worth of BTC. So you purchase an item for $66, but have to pay a $17 fee. Now you have $17 worth of Bitcoin left, but it costs $17 more to move it. So $66 item effectively cost you $100. #Thanks BlockStream (1420 points, 433 comments)
    2. President of SBI Holdings: "The vision of the original Bitcoin white paper written by Satoshi Nakamoto calls for a peer-to-peer electronic cash system. That is a powerful vision, and SBI Group will devote resources to enable a future world where Bitcoin Cash is used globally for daily payments." (843 points, 81 comments)
    3. They used to use Bitcoin... (738 points, 176 comments)
    4. Elizabeth Stark of Lightning Labs admits that a hostile actor can steal funds in LN unless you broadcast a transaction on-chain with a cryptographic proof that recovers the funds. This means LN won't work without a block size limit increase. @8min17s (494 points, 433 comments)
    5. CEO of Bitcoin.com Roger Ver challenges Samson Mow to a debate once again, will Samson refuse again? The reason small blockers do not debate and need censorship is because they know their arguments cannot stand up to scrutiny. (426 points, 208 comments)
    6. Update from BitGo: "Due to strong customer interest BitGo will enable full support of Bitcoin Cash" (407 points, 25 comments)
    7. BitPay CEO hints at possible Bitcoin Cash acceptance: "We do listen to our customers and for quite some time their number 1 complaint has been the high fees and slow confirmation times. We really don't like to pre-announce things though. Things move fast and plans can change at the last minute. " (370 points, 73 comments)
  19. 4339 points, 6 submissions: Anenome5
    1. Government: "Cryptocurrencies are too risky." Also government: "Buy lottery tickets." (1296 points, 139 comments)
    2. Death of a Scamcoin: Bitconnect's front page screenshotted moments before they went private, showing panic, anger, and lots of ill-advised investment claims, several claiming to have lost over $100k (948 points, 309 comments)
    3. Let's End the War and focus on the TRUE ENEMY (730 points, 349 comments)
    4. Archive.org has received over twice as many donations ($4800) in Bitcoincash as compared to BTC. This is how we win. (552 points, 157 comments)
    5. Segwhat? Gavin Andresen has developed a new block propagation algorithm able to compress the block down to 1/10th of the size of a Compact Block (Core's technology) using bloom filters called GRAPHENE. 10 times larger blocks, no size increase! 1mb 10mb, 8mb - 80mb, etc. (413 points, 181 comments)
    6. Remember Ross Ulbricht: Dread Pirate Roberts and the Silk Road experiment (400 points, 217 comments)
  20. 3746 points, 8 submissions: knight222
    1. PSA: /bitcoin IS UNDER ATTACK (761 points, 260 comments)
    2. /btc is trending! (528 points, 63 comments)
    3. Bitstamp To Launch Bitcoin Cash Trading (487 points, 80 comments)
    4. Mycelium.com on Twitter: "We support whatever will allow bitcoin to remain censorship resistant. For now that's only possible with bigger blocks." (442 points, 39 comments)
    5. CBS is referring the new chain as "Bitcoin Cash" and the old chain as "Bitcoin Classic". Ahah (421 points, 121 comments)
    6. Bitcoin cash (BCH) price could lead to bitcoin "death spiral" - Quartz (375 points, 55 comments)
    7. Bitcoin Cash just destroyed the narrative of a contentious hard fork. There is nothing contentious with free choice. (369 points, 114 comments)
    8. Bitcoin Cash support expected in the next Mycelium release! (363 points, 84 comments)
  21. 3550 points, 6 submissions: singularity87
    1. I am stepping down as a moderator of btc and exiting the bitcoin community and entering the Ethereum community. (1110 points, 482 comments)
    2. Now that the debate is over, lets finally make some progress forward. We are starting a marketing fund to expand Bitcoin Cash adoption. (722 points, 211 comments)
    3. Bitcoin Cash Logo Animation GIF. Feel free to use. (562 points, 83 comments)
    4. The entire bitcoin economy is attacking bitcoin says bitcoin.org! You can't make this shit up. (440 points, 270 comments)
    5. Now that REAL consensus is forming, be ready for Core to offer a 2MB hardfork as a last ditch effort to retain their power. DO NOT GIVE IN! (363 points, 179 comments)
    6. btc now has ~50% of the active users of Bitcoin. At this rate btc will soon be the dominant bitcoin subreddit. (353 points, 55 comments)

Top Commenters

  1. jessquit (17415 points, 1759 comments)
  2. H0dl (8425 points, 1127 comments)
  3. knight222 (7888 points, 810 comments)
  4. ForkiusMaximus (7755 points, 700 comments)
  5. MemoryDealers (7539 points, 197 comments)
  6. tippr (7348 points, 2740 comments)
  7. Ant-n (7224 points, 965 comments)
  8. BeijingBitcoins (6072 points, 459 comments)
  9. BitcoinXio (5984 points, 320 comments)
  10. BitcoinIsTehFuture (5845 points, 516 comments)
  11. imaginary_username (5762 points, 471 comments)
  12. Adrian-X (5748 points, 1069 comments)
  13. LexGrom (5224 points, 1592 comments)
  14. cryptorebel (4869 points, 464 comments)
  15. Egon_1 (4769 points, 368 comments)
  16. awemany (4738 points, 643 comments)
  17. Kain_niaK (4561 points, 692 comments)
  18. BitttBurger (4410 points, 525 comments)
  19. PsyRev_ (4176 points, 477 comments)
  20. Bitcoinopoly (4002 points, 414 comments)
  21. poorbrokebastard (3986 points, 719 comments)
  22. vbuterin (3840 points, 22 comments)
  23. Shock_The_Stream (3769 points, 437 comments)
  24. todu (3692 points, 266 comments)
  25. Richy_T (3626 points, 847 comments)
  26. LovelyDay (3595 points, 332 comments)
  27. shadowofashadow (3498 points, 383 comments)
  28. rdar1999 (3475 points, 456 comments)
  29. btcnewsupdates (3403 points, 328 comments)
  30. KoKansei (3286 points, 198 comments)
  31. jonald_fyookball (3219 points, 251 comments)
  32. 1s44c (3186 points, 619 comments)
  33. nanoakron (2989 points, 113 comments)
  34. NilacTheGrim (2925 points, 440 comments)
  35. singularity87 (2746 points, 240 comments)
  36. Vibr8gKiwi (2594 points, 148 comments)
  37. jstolfi (2541 points, 263 comments)
  38. esquonk (2532 points, 2 comments)
  39. fiah84 (2496 points, 289 comments)
  40. unitedstatian (2445 points, 451 comments)
  41. MobTwo (2372 points, 147 comments)
  42. chernobyl169 (2353 points, 199 comments)
  43. kairepaire (2280 points, 17 comments)
  44. ShadowOfHarbringer (2272 points, 206 comments)
  45. playfulexistence (2241 points, 99 comments)
  46. LiamGaughan (2240 points, 83 comments)
  47. redlightsaber (2238 points, 328 comments)
  48. we-are-all-satoshi (2201 points, 39 comments)
  49. Annapurna317 (2198 points, 223 comments)
  50. MagicalTux (2153 points, 114 comments)

Top Submissions

  1. Evidence that the mods of /Bitcoin may have been involved with the hacking and vote manipulation "attack" on /Bitcoin. by censorship_notifier (8585 points, 1166 comments)
  2. The idiocracy of bitcoin by PedanticPendant (7772 points, 750 comments)
  3. As of today, Steam will no longer support Bitcoin as a payment method by boomtnt46 (6980 points, 1178 comments)
  4. Buy, sell, send and receive Bitcoin Cash on Coinbase by 11111101000 (5329 points, 1019 comments)
  5. bitcoin mods removed top post: "The rich don't need Bitcoin. The poor do" by Egon_1 (4810 points, 506 comments)
  6. Guess who controls over half a billion Tethers across 3 exchanges—over 73% of USDT currently in circulation. by peptocurrency (4748 points, 635 comments)
  7. Average Bitcoin transaction fee is now above five dollars. 80% of the world population lives on less than $10 a day. So much for "banking the unbanked." by BeijingBitcoins (3417 points, 463 comments)
  8. Latest projections show BTC will break the time space continuum by cryptopicker (3292 points, 146 comments)
  9. Two biggest Bitcoin subs according to their counterparts (posted on both subs) by themetalfriend (3135 points, 232 comments)
  10. rBitcoin logic: Cashing out? You should kill yourself instead by DrunkPanda (2918 points, 560 comments)

Top Comments

  1. 2527 points: esquonk's comment in As of today, Steam will no longer support Bitcoin as a payment method
  2. 2289 points: nanoakron's comment in Evidence that the mods of /Bitcoin may have been involved with the hacking and vote manipulation "attack" on /Bitcoin.
  3. 2025 points: kairepaire's comment in As of today, Steam will no longer support Bitcoin as a payment method
  4. 2018 points: vbuterin's comment in "So no worries, Ethereum's long term value is still ~0." -Greg Maxwell, CTO of Blockstream and opponent of allowing Bitcoin to scale as Satoshi had planned.
  5. 1215 points: vbuterin's comment in Vitalik Buterin tried to develop Ethereum on top of Bitcoin, but was stalled because the developers made it hard to build on top of Bitcoin. Vitalik only then built Ethereum as a separate currency
  6. 1211 points: LiamGaughan's comment in As of today, Steam will no longer support Bitcoin as a payment method
  7. 1184 points: anothertimewaster's comment in Evidence that the mods of /Bitcoin may have been involved with the hacking and vote manipulation "attack" on /Bitcoin.
  8. 1180 points: TacoPi's comment in Buy, sell, send and receive Bitcoin Cash on Coinbase
  9. 962 points: insanityzwolf's comment in bitcoin mods removed top post: "The rich don't need Bitcoin. The poor do"
  10. 868 points: SethEllis's comment in As of today, Steam will no longer support Bitcoin as a payment method
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]

Using Jamie to you Advantage

Hi. I was a Bitcoin miner in 2013, and I’ve enjoyed this bull run up to almost $20,000. Jamie Dimon, the CEO of Chase Bank, called Bitcoin a fraud earlier in the year and made the comment that the bubble would surely burst. As you know, he pulled a reversal today. Well he is now very sorry and regrets his comments. His quoted statement today was "It's real, and I regret my previous statements."
So ask yourself - Why didn't the price go up today? After all, it sunk from around 7K to 3K after his initial negative statements in July of last year. Then it rallied to $20,000 in December.
So you would expect today it would soar with this declaration, but the opposite happened - It tanked by a huge $1K per Bitcoin.
Why did it sink after his statement of support? Don't get caught up in the smokescreen and misdirection!
Positive Bitcoin Wall Street announcements in addition to the futures market being announced has Bitcoin’s legitimacy secured and future looking bright. However your common investor’s liquidity is gone, and the market has become extremely volatile. It is no longer a bull market, and hasn't been since last month. Simply holding your Bitcoin and not taking action is much less profitable than actively trading and taking advantage of the market swings.
This is where an intelligent Bitcoin Trading Algorithm comes into play. I use Amazon servers to crunch market behavior and continuously update the algorithm, and ensure the trades are occurring at the optimum amounts.
If you are interested in this opportunity to have your Bitcoin actively traded 24/7 without any time spent on your part, please contact me to go over any questions and details about a loan. I will under no circumstances allow you to see the algorithm, and it is not up for sale. For the sake of anonymity, I only need know your deposit address to return your loaned Bitcoin.
Proof of concept:
12-7-17: https://youtu.be/Ro191xImJNk
12-8-17: https://youtu.be/lbihHaSNPZs
12-9-17: https://youtu.be/p4QVddv6dgk
Looking forward to the Future,
Exact BTC Trading
submitted by ExactBtcTrading to Bitcoin [link] [comments]

The EU bitcoin "crackdown" is a disproportionate reaction to recent events. More likely it is an anti competitive assault brought about by the cozy relationship between high level banks and the EU

How convenient is it that the EU wants to try and eliminate forms of payments that don't go through banks? What more effective way to give yourself a monopoly than to use judicial courts and laws that brand any of your competition as terrorists? It was only a week ago that we had Jamie Dimon and Blythe Masters giddily claiming that all it would take to make bitcoin unable to compete would be one person (the DoJ) claiming that it is illegal to use.
There is something wrong about this whole situation. First of all a form of money isn't a source of funding. It is not correct to say that "bitcoin" is a source of funding since it is just a method of payment. A more accurate description would be something like this: Oil, which is converted to money through selling is a source of funding. One of these types of money may be bitcoin. Except that it isn't.
According to this article Isis makes 100 million a month in selling oil at sub market prices. They control oil in Iraq and Syria which is purposefully not targeted by our government. Why? If the source of terrorist funding is oil then why aren't we going after the root of the problem?
http://www.zerohedge.com/news/2015-11-19/most-important-question-about-isis-nobody-asking
Secondly, Even with the known source of funding being oil, why is it that the middle men, the ones involved in the transaction of converting oil to money aren't being caught? To turnover such a large amount of oil you need connections to the banking establishments ? Again from the article:
At this point, however, three things are certain: whoever the commodity trading house may be that is paying ISIS-affiliated "innocent civilians" hundreds of millions of dollars for their products, they are perfect aware just who the source of this deeply discounted crude is. Crude so deeply discounted, in fact, it results in massive profits for the enterprising middleman who are engaging in openly criminal transactions.
The second certainty: whoever said middleman is, it is very well known to US intelligence services such as the NSA and CIA, and thus to the Pentagon, and thus, the US government.
Lets go through the points of why Terrorists most likely aren't involved with Bitcoin at all:
To get bitcoins you need to do one of four things: Mine bitcoin yourself, buy bitcoins from an exchange, buy bitcoins over the counter or off an exchange, Accept donations in bitcoin.
  1. Most likely terrorists will never mine bitcoin. Mining bitcoin exposes your location. You need to build static facilities that can mine bitcoin, you would need to fabricate your own hardware because ordering the hardware from somewhere would divulge information. You would need to "waste" money burning your own oil to power miners instead of just selling the oil for regular currencies. And you would be left with a currency that isn't widely accepted at all.
  2. An exchange has more strict Know your customer policies than even banks do. So using them would put them at more risk than using a bank would. In fact, most exchanges won't accept a bank statement as a form of address verification because it is too easy to create fraudulent bank accounts.
  3. Most people involved with bitcoin and that have large amounts of it are early adopters. They are people with libertarian ideals who would most likely never sell to a terrorist. And then even if they presumably did , who would turn around and buy bitcoins from terrorists once the terrorists actually needed to buy something they couldn't with bitcoins? Another terrorist?
  4. Accepting donations couldn't be an issue. Right now the largest use of bitcoin is donations. Bitcoin makes donations incredibly easy and it also has the possibility of enforcing transparency over charities. The problem? To accept these donations you would need to publicize an address that we could all watch for incoming transactions.
The next problem: bitcoin doesn't make a full circle in the economy. It is not widely accepted. Even though you may hear of this business or that business is accepting bitcoins, they actually convert it to cash at the point of sale. So to turn your bitcoins into cash, especially in large amounts you have to go through regulated entities: Payment processors, bitcoin exchanges. Both of these are regulated and even more than that they are connected with banks that are also regulated.
Next point: The bitcoin economy is too small to enable anything useful. You might be able to buy coffee with bitcoin but you stick out like a sore thumb. There simply aren't that many people using bitcoin. As another article stated that I read earlier today... the controversial "isis" wallet that has 3 million in it that is a rumor and unproven... is still less than a single piece of military equipment that ISIS routinely steals/plunders from the US government. The entire market cap of bitcoin is only about 5 billion. That means that any large amounts of money moving through it would be easily noticeable, easily traceable . It would also mean they would lose a lot of money trying to convert it back and forth from currencies to bitcoin and back again because bitcoin can't handle that kind of volume without large spreads (difference between bid and ask prices)
Next point: Bitcoin is pseudononymous. If terrorists actually used bitcoin they would be much more traceable than if they used cash. There is no money trail with cash. There is with bitcoin. Bitcoin is an open public ledger that records every single transaction ever made from the beginning, viewable to anyone willing to inspect it. To say that this gives terrorists anonymity is like saying that IP addresses give anonymity. The government can find out who is behind an IP address by talking with ISPS. In the same way governments can find out who are behind transactions in bitcoin by asking exchanges and payment processors.
Most government officials who have bitcoin explained to them still don't understand it. But they should still be able to understand a logical principle: Technology that benefits society should not be halted or stopped because it might also benefit a criminal. Typically technology benefits both. A car makes it easier to escape from a bank robbery. Cars shouldn't be banned because of this. A cell phone makes it easier for criminals to communicate with one another. Cell phones shouldn't be banned because of this. The internet makes it easier for criminals to rob peoples identities. The internet should not be banned because of this. It might be possible that authorities will try to ban bitcoin before people even understand how it benefits them and society. By providing a currency that is immune to quantitative easing... which is a form of thievery because it steals value from the holder of every single dollar.
Lastly there is that issue about identity. Terrorists steal identities. Third parties like Target, Home Depot, The US post office can't be trusted to hold peoples identity information because they are unable to secure it and it could be stolen. If it is somehow mandated that every transaction must have an identity attached what you are essentially doing is mandating that insecurity is built into the system because our identities will need to be stored by companies that will inevitably get hacked and inevitably have identities stolen.
The way it should be is this: Bitcoin technology should be looked at as an asset in fighting crime. You can follow money around. You don't need to construct blacklists because all that does is punish the currency itself and not the criminals. Focus on punishing the criminals instead.
submitted by specialenmity to Bitcoin [link] [comments]

Pantera Capital emailed this to me

“And behold, He deigned to appear for a moment to the people, to the tortured, suffering people, sunk in iniquity, but loving Him like children.”
“Man is tormented by no greater anxiety than to find someone quickly to whom he can hand over that gift of freedom.”
THE SECOND COMING, SATOSHI AND THE GRAND INQUISITOR
A parable, 99% lifted verbatim from…
THE BROTHERS KARAMAZOV
By Fyodor Dostoevsky, as translated by Constance Garnett
[…and 1% from Bitcoin’s reality.]
He comes on the scene in my poem, but He says nothing, only appears and passes on. Fifteen centuries have passed since He promised to come in His glory, fifteen centuries since His prophet wrote, 'Behold, I come quickly'; 'Of that day and that hour knoweth no man, neither the Son, but the Father,' as He Himself predicted on earth. But humanity awaits him with the same faith and with the same love. Oh, with greater faith, for it is [five years] since man has ceased to see signs from [Satoshi].
No signs from heaven come to-day to add to what the heart doth say.
There was nothing left but faith in what the heart doth say. It is true there were many miracles in those days. There were saints who performed miraculous cures; some holy people, according to their biographies, were visited by the Queen of Heaven herself. But the[block size increase haters] did not slumber, and doubts were already arising among men of the truth of these miracles. And just then there appeared…a terrible new heresy. 'A huge star like to a torch' that is, to a church 'fell on the sources of the waters and they became bitter.' These heretics began blasphemously denying miracles [and Distributing Denial of Service attacks]. But those who remained faithful were all the more ardent in their faith. The tears of humanity rose up to Him as before, awaited His coming, loved Him, hoped for Him, yearned to suffer and die for Him as before. And so many ages mankind had prayed with faith and fervour, 'O [Satoshi] our God, hasten Thy coming'; so many ages called upon Him, that in His infinite mercy He deigned to come down to His servants. Before that day He had come down, He had visited some holy men, martyrs, and hermits, as is written in their lives. Among us, [Gavin Andresen], with absolute faith in the truth of his words, bore witness.
"And behold, He deigned to appear for a moment to the people, to the tortured, suffering people, sunk in iniquity, but loving Him like children. My story is laid in[Australia and thence London], in the most terrible time of the[Block Size] Inquisition, when fires were lighted every day to the glory of [the 1MB block size given unto us by Scripture], and 'in the splendid auto da fé the wicked heretics [Gavin Andresen and Mike Hearn] were burnt.' Oh, of course, this was not the coming in which He will appear, according to His promise, at the end of time in all His heavenly glory, and which will be sudden 'as lightning flashing from east to west.' No, He visited His children only for a moment, and there where the flames were crackling round the heretics. In His infinite mercy He came once more among men in that human shape in which He walked among men for three years [five years] ago. He came down to the 'hot pavements' of the southern town in which on the day before almost a hundred heretics had, [1MB], been burnt by the Grand [Block Size] Inquisitors, in a magnificent [DDoS], in the presence of the king, the court, the knights, the cardinals, [the Core Devs,] the most charming ladies of the court, [miners,] and the whole population.
He stops at the steps of the Seville cathedral at the moment when the weeping mourners are bringing in a little open white coffin. In it lies a child of seven [months – Bitcoin XT – in it], the only daughter of[two] prominent citizens [Gavin Andresen and Mike Hearn]. The dead child lies hidden in flowers. 'He will raise your child,' the crowd shouts to the weeping mother[s]. The priest, coming to meet the coffin, looks perplexed, and frowns, but the mother[s] of the dead [code] throws herself at His feet with a wail. 'If it is Thou, raise my child!' she cries, holding out her hands to Him. The procession halts, the [code] is laid on the steps at His feet. He looks with compassion, and His lips once more softly pronounce, 'Maiden, arise! [Arise to 340 gigabytes!]’
[The Block Size Inquisitor] holds out his finger and bids the guards take Him. And such is his power, so completely are the people cowed into submission and trembling obedience to him, that the crowd immediately makes way for the guards, and in the midst of deathlike silence they lay hands on Him and lead him away.
"'Is it Thou? Thou?' but receiving no answer [– no new keys, no Genesis block signature, and for damn sure, no 1-million BTC movements –] he adds at once. 'Don't answer, be silent […and definitely no more 20-screenshot blogposts!] What canst Thou say, indeed? I know too well what Thou wouldst say. And Thou hast no right to add anything to what Thou hadst said of old [in “Bitcoin: A Peer-to-Peer Electronic Cash System”]. Why, then, art Thou come to hinder us? For Thou hast come to hinder us, and Thou knowest that. But dost thou know what will be to-morrow? I know not who Thou art and care not to know whether it is Thou or only a semblance of Him, but to-morrow I shall condemn Thee and burn Thee at the stake as the worst of heretics. And the very people who have to-day kissed Thy feet, to-morrow at the faintest sign from me will rush to heap up the embers of Thy fire."
"And the Prisoner too is silent? Does He look at him and not say a word?"
"That's inevitable in any case," Ivan laughed again. "The old man has told Him He hasn't the right to add anything to what He has said[in the immutable White Paper]. One may say it is the most fundamental feature of [Bitcoin], in my opinion at least. 'All has been given by Thee to [Gavin],' they say, 'and all, therefore, is still in [Gavin]'s hands, and there is no need for Thee to come now at all. Thou must not meddle for the time, at least.' That's how they speak and write too – the [block size haters], at any rate. I have read it myself in the works of their theologians. 'Hast Thou the right to reveal to us one of the mysteries of that world from which Thou hast come [like the completely arbitrary selection of 1MB]?' my old man asks Him, and answers the question for Him. 'No, Thou hast not; that Thou mayest not add to what has been said of old, and mayest not take from men the freedom which Thou didst exalt when Thou wast on earth. Whatsoever Thou revealest anew will encroach on men's freedom of faith; for it will be manifest as a miracle, and the freedom of their faith was dearer to Thee than anything in those days fifteen hundred years ago. Didst Thou not often say then, "I will make you free"? But now Thou hast seen these "free" men,' the old man adds suddenly, with a pensive smile. 'Yes, we've paid dearly for it,' he goes on, looking sternly at Him, 'but at last we have completed that work in Thy name. For fifteen [months] we have been wrestling with Thy freedom, but now it is ended and over for good.[XT is dead. Classic is dead. Unlimited stillborn.] Dost Thou not believe that it's over for good? Thou lookest meekly at me and deignest not even to be wroth with me. But let me tell Thee that now, to-day, people are more persuaded than ever that they have perfect freedom, yet they have brought their freedom to us and laid it humbly at our feet. But that has been our doing. Was this what Thou didst? Was this Thy freedom?'"
"'The wise and dread spirit, the spirit of self-destruction and non-existence,' the old man goes on, great spirit talked with Thee in the wilderness.
And yet if there has ever been on earth a real stupendous miracle, it took place on that day, [October 31, 2008]. The statement [“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”] was itself the miracle. If it were possible to imagine simply for the sake of argument that those questions of the dread spirit[Jamie Dimon] had perished utterly from the books, and that we had to restore them and to invent them anew, and to do so had gathered together all the wise men of the earth – rulers, chief priests, learned men, philosophers, poets, [cypherpunks] – and had set them the task to invent[distributed ledgers again], such as would not only fit the occasion, but express in words, human phrases, the whole future history of the world and of humanity –dost Thou believe that all the wisdom of the earth united could have invented anything in depth and force equal to [“Double-spending is prevented with a peer-to-peer network; no mint or other trusted parties; participants can be anonymous; new coins are made from proof-of-work. Any needed rules and incentives can be enforced with this consensus mechanism.”] From those alone, from the miracle of their statement, we can see that we have here to do not with the fleeting human intelligence, but with the absolute and eternal. For in those the whole subsequent history of [payments, ownership registry, storage of wealth, identity, IoT] is, as it were, brought together into one whole, and foretold, and in them are united all the unsolved historical contradictions of [the legacy financial system]. At the time it could not be so clear, since the future was unknown; but now that fifteen hundred years have passed, we see that everything in those questions was so justly divined and foretold, and has been so truly fulfilled, that nothing can be added to [the arbitrary block size picked in 2010].
They will raise against Thee, and with which they will destroy Thy temple [Bitcoin]. Where Thy temple stood will rise new buildings [Ripple, Ethereum, Chain]; the terrible tower of Babel will be built again, and though, like the one of old, it will not be finished, yet Thou mightest have prevented that new tower…for they will come back to us after a thousand years of agony with their tower. They will seek us again, hidden underground in the catacombs, for we shall be again persecuted and tortured. They will find us and cry to us, "Feed us[megabytes], for those who have promised us fire from heaven haven't given it!" And then we shall finish building their tower, for he finishes the building who feeds them [real-time transaction confirmations]. And we alone shall feed them in Thy name, declaring falsely that it is in Thy name. Oh, never, never can they feed themselves without [more than 1MB]! No, science will give them [other blockchains] so long as they remain free. In the end they will lay their freedom at our feet, and say to us, "Make us your slaves, but feed us [block space]."
But man seeks to worship what is established beyond dispute [– like signing the freakin’ Genesis block!!!], so that all men would agree at once to worship it. For these pitiful creatures are concerned not only to find what one or the other can worship, but to find community of worship is the chief misery of every man individually and of all humanity from the beginning of time. For the sake of common worship they've slain each other with [personal, vindictive campaigns and DDoS attacks]. They have set up gods and challenged one another, "Put away your gods [XT, Classic, Unlimited] and come and worship ours, or we will kill you and your gods!" And so it will be to the end of the world, even when gods disappear from the earth.
When the Inquisitor ceased speaking he waited some time for his [Satoshi] to answer him. His silence weighed down upon him. The old man longed for him to say something, however bitter and terrible. But He suddenly approached the old man in silence and softly [blogged “I’m Sorry…And goodbye.”] That was all his answer. The old man shuddered. His lips moved. He went to the door, opened it, and said to Him: 'Go, and come no more... come not at all, never, never!' And he let Him out into the dark alleys of the town. [Craig Wright] went away."
"And the old man?"
"The [Block Size] Inquisitors adhere to their idea [– artificially limiting the block size – even if it] destroys Thy temple [Bitcoin]. Where Thy temple stood will rise new buildings [Ripple, Etherium, Chain, DAH, et al]; the terrible tower of Babel will be built again…."
Dan Morehead San Francisco May 26, 2016
submitted by pumpingbutts to Buttcoin [link] [comments]

Subreddit Stats: Bitcoin posts from 2018-10-09 to 2018-10-16 19:41 PDT

Period: 7.10 days
Submissions Comments
Total 765 10226
Rate (per day) 107.80 1494.28
Unique Redditors 596 3440
Combined Score 31658 33963

Top Submitters' Top Submissions

  1. 4526 points, 1 submission: Alexsayzz
    1. Anti-crypto propaganda... promoted by American Express (4526 points, 513 comments)
  2. 2391 points, 2 submissions: MoonMan_666
    1. Someone just paid $0.10 to move $194M (29,999 BTC). Think about how powerful that is for a second. (2369 points, 380 comments)
    2. Dev sends Bitcoin without using the web or the power grid (22 points, 4 comments)
  3. 2077 points, 1 submission: _Logicrypto
    1. When your boss thanks you for staying late at work but you were just watching the Bitcoin price and lost track of time (2077 points, 69 comments)
  4. 1496 points, 1 submission: bitbug42
    1. ⚡Lightning Network at the Senate - Counterargument to Roubini's speech that Bitcoin can never scale to serve the planet (1496 points, 186 comments)
  5. 1417 points, 1 submission: opencoins
    1. Why sell and pay capital gains, why not wait for mass adoption? That's my motto. (1417 points, 244 comments)
  6. 1174 points, 1 submission: awertheim
    1. Took a while but finally part of the picture club (had to wait on the web browser update!) (1174 points, 127 comments)
  7. 853 points, 1 submission: Hodl_it
    1. Feeling good? (853 points, 215 comments)
  8. 833 points, 1 submission: cointastical
    1. Bitcoin ATM operator gets the $62,500 that police confiscated back (833 points, 110 comments)
  9. 802 points, 2 submissions: JandyJammer
    1. Congratulations US senators for understanding crypto better than this guy (748 points, 125 comments)
    2. How is Bitmex the biggest exchange... total joke. I hope their competitors crush them. (54 points, 49 comments)
  10. 704 points, 1 submission: lesbiansareoverrated
    1. ...in case you missed the laura shill burn today (704 points, 100 comments)
  11. 512 points, 5 submissions: castorfromtheva
    1. Mycelium wallet will FINALLY get segwit! "This month" as stated by Mycelium developers on 9 October 2018. Glad to hear! I am excited. (312 points, 136 comments)
    2. Just saw it on their website: Ledger Nano S 20% off, directly from manufacturer! For six days, starting today. Just in case you consider getting a hardware wallet. (146 points, 84 comments)
    3. Newsflash: Bitfinex Unveils ‘Distributed Banking Solution,’ Resumes Fiat Deposits (44 points, 8 comments)
    4. Binance Uganda Launch 80% Ready As Users Can Now Sign Up: Deposits & Trading Coming Soon (8 points, 1 comment)
    5. Article: "Cryptos at a turning point", trustnodes.com (2 points, 0 comments)
  12. 510 points, 4 submissions: eddieweng
    1. Someone moved 12,220 BTC ($82M) in block 545,877 (393 points, 180 comments)
    2. Someone moved 22,200 BTC ($139M) in block 545,243 (90 points, 38 comments)
    3. CoinMarketBull – CoinMarketCap, but with a different metric (26 points, 4 comments)
    4. holdernews - trending stories on bitcointalk (1 point, 0 comments)
  13. 387 points, 1 submission: StoneHammers
    1. We are three months away from Bitcoins 10 year anniversary. (387 points, 39 comments)
  14. 366 points, 3 submissions: TrackCoinMarket-com
    1. Citizens of Venezuela have turned to Bitcoin and gold farming in online games to survive the country’s economic collapse. (365 points, 60 comments)
    2. Zambian Central Bank Declares Bitcoin Is Not Legal Tender (1 point, 7 comments)
    3. Bitcoin is Maturing, Crypto Growth Surprisingly Positive Reveals Study (0 points, 3 comments)
  15. 358 points, 1 submission: musicfan39
    1. Bitcoin all-time price graph (Aug 2010 – Oct 2018) (358 points, 84 comments)
  16. 311 points, 5 submissions: TheGreatMuffin
    1. Bitfinex' statement on fiat deposits/withdrawals (tldr: fiat and crypto withdrawals working, fiat deposits temporarily paused) (103 points, 52 comments)
    2. Bitfinex suspends all fiat deposits, “expects the situation to normalize within a week” (78 points, 62 comments)
    3. Fidelity gives a nod to OG cypherpunks (mentioning Adam Back, Nick Szabo, David Chaum) and bitcoin's precursors in their newest blog post (78 points, 0 comments)
    4. full video of the US Senate hearing on cryptocurrency: with P. Van Valkenburgh and N. Roubini as witnesses (starts at minute 16) (31 points, 5 comments)
    5. Interview with one of the creators of the Samourai wallet (21 points, 1 comment)
  17. 305 points, 1 submission: 6maud
    1. Jamie Dimon: Bitcoin is a scam. Also Jamie Dimon: Let's file 20 blockchain patents so we don't miss out on this blockchain thing. facepalm (305 points, 93 comments)
  18. 274 points, 2 submissions: undertheradar48
    1. $6.9 trillion of assets just got access to the world of crypto! (169 points, 24 comments)
    2. 1.65 Million people are attending over 5,000 Bitcoin meetups around the world. Organic interest/curiosity is real! (105 points, 41 comments)
  19. 265 points, 1 submission: NoGooderr
    1. Shorters, are you okay? (265 points, 123 comments)
  20. 253 points, 5 submissions: _smudger_
    1. Bakkt CEO: We're About To See A Cryptocurrency Revolution (130 points, 29 comments)
    2. Our team, launch and advocacy – Bakkt Blog – Medium (104 points, 33 comments)
    3. Coinbase's Adam White is joining Bakkt as its COO - The Block (16 points, 1 comment)
    4. The Bright Side of the 2018 Bitcoin Bear Market – Wes Carlson – Medium (2 points, 0 comments)
    5. Analysis: ErisX & Bakkt Are All in on the Battle for Institutional Cash (1 point, 0 comments)
  21. 247 points, 1 submission: Fly115
    1. It would be impossible for every Fidelity brokerage customer to own even one Bitcoin. This is why Bitcoins are worth thousands of dollars, while a dollar is only worth one dollar (and only until next year when when it's worth 97 cents). - Erik Voorhees (247 points, 129 comments)
  22. 237 points, 1 submission: manfromnantucket1984
    1. Bear markets are for building! 🐻⚡ While the price is doing what it does, we continue to build the #LightningNetwork at the #LightningHackdayNYC in New York on October 27th/28th 2018. Speakers like Christian Decker, Matt Corallo and Peter Todd will take you down the rabbit hole. (237 points, 15 comments)
  23. 232 points, 1 submission: TheMidnightMatinee
    1. Guys lets rally and show your support for an BTC ETF! Here's why! (232 points, 63 comments)
  24. 231 points, 2 submissions: installeris
    1. Fidelity just made it easier for hedge funds and other pros to invest in cryptocurrencies (169 points, 36 comments)
    2. Nouriel Roubini has always been talking sh*t about Bitcoin. And he's always wrong. (62 points, 29 comments)
  25. 226 points, 1 submission: lewtr
    1. An easter egg in the Bitcoin genesis block code (226 points, 40 comments)
  26. 218 points, 1 submission: Unusual_Mountain
    1. Bitcoin as a safe haven from monetary policy can help keep governments and banks honest. It doesn't have to replace them. (218 points, 85 comments)
  27. 214 points, 1 submission: Mobilenewsflash
    1. Roubini (214 points, 50 comments)
  28. 212 points, 1 submission: CardCollector1
    1. Getting Started with BTCPay Server - Free and Open Source Bitcoin and Lightning Network payment processor (212 points, 75 comments)
  29. 201 points, 1 submission: yonstonston
    1. Sorry guys, i bought BTC yesterday... (201 points, 72 comments)
  30. 161 points, 2 submissions: linzex
    1. A Bitcoin Lesson From A Yogi Master (93 points, 6 comments)
    2. ChangeNow Exchange Accused of $70,000 Theft (68 points, 8 comments)
  31. 159 points, 3 submissions: zappadoing
    1. greetings from holidays - I thought I won't have to read anything about bitcoin this time... (130 points, 12 comments)
    2. Telegram down! Lots of Bitcoin-Groups not accessible. We need something decentralized. (19 points, 26 comments)
    3. Colleges Are Baffled by Bitcoin Donations (10 points, 0 comments)
  32. 159 points, 1 submission: Crevative
    1. Zimbabwe spirals into economic chaos as fears of another round of hyperinflation begin to spark - another fiat currency fails! (159 points, 20 comments)
  33. 147 points, 1 submission: lexihayes99
    1. Just wanted to remind people of a simpler time :) (147 points, 196 comments)
  34. 146 points, 1 submission: Rare_Ad
    1. Bitcoin was a tool that was born of the economic crisis some 10 years ago, does that mean another big recession or banking collapse could catapult it forward? (146 points, 87 comments)
  35. 146 points, 1 submission: vmrey
    1. Buda, the largest crypto exchange by volume in Chile, is one of the first to incorporate Lightning network. (146 points, 14 comments)
  36. 145 points, 1 submission: wwwdata
    1. I own crypto but not Bitcoin. (145 points, 243 comments)
  37. 141 points, 9 submissions: expertbit
    1. This E-Bike Accepts Payments With Bitcoin's Lightning Network (51 points, 3 comments)
    2. Bitcoin [BTC] transfers will become a lot faster with Liquid Network, says Jimmy Song (37 points, 58 comments)
    3. Top Universities Are Now Investing in Cryptocurrency Funds (18 points, 0 comments)
    4. Indian Exchange Unocoin Could Launch Crypto ATMs (17 points, 0 comments)
    5. Bitcoin Price Stability -- A Bullish Or Bearish Sign? (15 points, 1 comment)
    6. Don’t Underestimate China’s Power In Bitcoin (2 points, 3 comments)
    7. Bitcoin Price Analysis: Bulls Defend Yearly Support Amidst Wall Street Slump (1 point, 0 comments)
    8. Bitcoin Network Comes To A Standstill In China (0 points, 2 comments)
    9. Bitcoin Price Jumps by $600 to Reach One-Month High Above $6.9k (0 points, 0 comments)
  38. 137 points, 1 submission: diditmakesound
    1. Everyone still buying right now (137 points, 30 comments)
  39. 135 points, 1 submission: gattacibus
    1. POLONIEX suspends Bitcoin withdrawals (135 points, 86 comments)
  40. 129 points, 3 submissions: nopara73
    1. Wasabi Wallet added OSX support. Please consider testing it. (55 points, 25 comments)
    2. Scoring Bitcoin Wallets (38 points, 25 comments)
    3. A Technical Overview of Wasabi Wallet, Future Ideas, Plans and Strategy (36 points, 1 comment)
  41. 123 points, 1 submission: Big_Bluefin
    1. Live from Fremont Street in Las Vegas (123 points, 20 comments)
  42. 121 points, 1 submission: agustinf
    1. Latin American Exchange Buda.com adds Lightning Network payments for all. (121 points, 17 comments)
  43. 118 points, 2 submissions: TheCrunk1
    1. Fidelity launches new company for trading, storing cryptocurrencies (98 points, 26 comments)
    2. Binance launches fiat-to-crypto exchange in Uganda (20 points, 7 comments)
  44. 112 points, 1 submission: Thinkmoreaboutit
    1. "Over the weekend I sent a bitcoin transaction to a relay 12.6km away with no cell network or internet connection. Here's a tweetstorm about how I used @gotenna and @SamouraiWallet to do it" [email protected] (112 points, 20 comments)
  45. 111 points, 1 submission: Jackieknows
    1. When it comes to your coins, keep it quiet. – Trezor Blog (111 points, 10 comments)
  46. 110 points, 1 submission: 100ravp
    1. Someone solved the 310.00 BTC challenge (110 points, 87 comments)
  47. 110 points, 1 submission: loulan
    1. There was an attempt (110 points, 78 comments)
  48. 106 points, 1 submission: king-only
    1. Breez, a Lightning Network mobile client, is now fully open sourced (106 points, 19 comments)
  49. 101 points, 2 submissions: HodlingToTheMoon
    1. Websites using Joomla (second most popular platform after Wordpress), can now be enabled with Bitcoin payments - In less than 5 min! (98 points, 5 comments)
    2. Got business on your mind? Here are 7 easy and genuine ideas to start a Bitcoin-centric e-commerce store! (3 points, 0 comments)
  50. 98 points, 1 submission: ubunt2
    1. Fidelity Starts Crypto Unit to Serve Wall Street Customers (98 points, 4 comments)
  51. 97 points, 1 submission: CosmicHemorroid
    1. Lightning Powered E-bike #Reckless (97 points, 22 comments)
  52. 96 points, 3 submissions: DesignerAccount
    1. Bitcoin is all grown up! (83 points, 6 comments)
    2. [Bitcoin OpSec - Keep your coins safe] Detailed breakdown of sophisticated scam (12 points, 6 comments)
    3. Infographic - How do UTXOs work? (1 point, 0 comments)
  53. 96 points, 1 submission: bowlingfries
    1. Bitcoin kiosk in Portland OR weed dispensary (96 points, 21 comments)
  54. 94 points, 1 submission: nassimmontreal
    1. #roubinilovescrypto (94 points, 37 comments)
  55. 92 points, 2 submissions: ella11price
    1. Selling goods and items for Bitcoin should be easy. I built a marketplace similar to eBay so people can sell anything for crypto. This video explains it. (91 points, 63 comments)
    2. The best ways to earn bitcoin and cryptocurrency. Includes how to spot a scam (1 point, 0 comments)
  56. 91 points, 1 submission: ytcoinartist
    1. The Golden Pineapple, a 3D combination puzzle for all ages and free to play. Be the first to solve the final level and win 1 BTC, courtesy of The Pineapple Fund. http://pineapplearcade.net/arcade-game/pineapple (91 points, 25 comments)
  57. 89 points, 1 submission: Rachsuchtig
    1. An BTC ATM at Austria/Salzburg Shopping Arena, totally surprised to see (89 points, 11 comments)
  58. 87 points, 2 submissions: Ishan1121
    1. Bitcoin proves once again its the best way to transfer money! $194 million transferred for 10 cents. (87 points, 18 comments)
    2. Discussion: So Bitcoin rises as fake news on Binance delisting Tether (USDT) goes viral...removing Tether completley will affect the market positively? THoughts? (0 points, 6 comments)
  59. 87 points, 1 submission: Blixx87
    1. I finally figured it out! We have been forming a Dorito Pattern and it’s on it’s way to the cheese dip. (87 points, 49 comments)
  60. 86 points, 8 submissions: EffigyBoy
    1. Venezuelans Play RuneScape To Make Small Profit In Bitcoin (31 points, 4 comments)
    2. CFTC Chair On Bitcoin Expansion: "We Are Seeing More Institutional Movement Into This Area" (26 points, 0 comments)
    3. The Indian Government is Considering to Launch Its Own Cryptocurrency to Avoid Citizens Using Bitcoin (13 points, 14 comments)
    4. The Congress Is Groping In The Dark To Handle Cryptocurrencies. Bitcoin has come into the mainstream. (6 points, 0 comments)
    5. After Stock Markets Plunge Cryptocurrency Whale Dumps over 22 100 BTC (5 points, 11 comments)
    6. Scientific Journal 'Chaos' Favors Bitcoin – As stable as Oil and Dollar Markets (2 points, 1 comment)
    7. The First Physical Cryptocurrency Store in The U.S. Launches on October 20 (2 points, 1 comment)
    8. Omniex and Gemini Struck A Partnership to Support Institutional Investors (1 point, 0 comments)
  61. 85 points, 2 submissions: jakesonwu
    1. Release - Eclair v0.2-beta7 - Compatible with Bitcoin Core 0.17.0 (75 points, 8 comments)
    2. Lord Keynes Would Be Proud (10 points, 1 comment)
  62. 84 points, 2 submissions: renepickhardt
    1. ECDSA is not that bad: two-party signing without Schnorr or BLS (by Stepan Snigirev) (53 points, 7 comments)
    2. Last week in Lightning Network: A weekly collection of lightning network (and related) news on Twitter (31 points, 6 comments)
  63. 83 points, 3 submissions: OldCarpet54
    1. [GIVEAWAY] Crypto Invest Summit – Wozniak, Gupta, Morehead (82 points, 1 comment)
    2. blockchain news: from SF Blockchain Week and XBlockchain (1 point, 0 comments)
    3. Buterin | SpankChain | Kambria: San Francisco Blockchain Week (0 points, 0 comments)
  64. 83 points, 1 submission: -elektro-pionir-
    1. AMA with Bitcoin engineer Jameson Lopp (83 points, 21 comments)
  65. 80 points, 3 submissions: ysangkok
    1. Bitcoin script discussion at Scaling Bitcoin: "Sporks are probabilistic soft-forks [...] where instead of [...] version bits if the blockhash has some [...] PoW below some threshold, it activates. [...] [E.g.] you have an expectation of 6 months to get your shit together. Doing it live." (28 points, 3 comments)
    2. Multi-Hop Locks for Secure, Privacy-Preserving and Interoperable Payment-Channel Networks (27 points, 8 comments)
    3. Scaling Bitcoin Kaizen - Scriptless scripts, adaptor signatures and their applications (25 points, 2 comments)
  66. 78 points, 3 submissions: mkuraja
    1. What's the difference between Lightning Network and Liquid Network? (57 points, 41 comments)
    2. Need some fresh, new FOMO in your life? Reenter, Trace Mayer. (15 points, 1 comment)
    3. This American tourist thought I'd see "Bitcoin Accepted Here" all over Tokyo, Japan but not one place found yet. (6 points, 17 comments)
  67. 77 points, 1 submission: Miladran
    1. Fidelity Says It Will Trade Bitcoin for Hedge Funds (77 points, 1 comment)
  68. 77 points, 1 submission: pandaman200
    1. Swiss Crypto Fund Obtains Country’s First Crypto Asset Management License (77 points, 4 comments)
  69. 75 points, 3 submissions: mickhick95
    1. I purchased a goTenna to broadcast my BTC transactions with TxTenna and Samourai Wallet. (44 points, 15 comments)
    2. I saw a Bitcoin ATM and I had to make a purchase. (28 points, 41 comments)
    3. 303-ish Days in the BTC Bear Market, This Sideways Motion Looks Like A Turn Around!!! (3 points, 16 comments)
  70. 75 points, 1 submission: hcarpach
    1. Venezuelan cryptocurrency miner: “we are police’s most wanted” (75 points, 21 comments)
  71. 73 points, 6 submissions: WorkCoin_Team
    1. “Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.” – Pieter Wui (66 points, 14 comments)
    2. Revolution of Bitcoin (5 points, 3 comments)
    3. A Funny Bitcoin Thought (2 points, 20 comments)
    4. Getting started with Bitcoin (0 points, 1 comment)
    5. Make your foundation strong (0 points, 0 comments)
    6. What are you not willing to compromise? (0 points, 6 comments)
  72. 73 points, 1 submission: ozdixon
    1. Bitcoin accepted at a absenth bar in Prague. (73 points, 11 comments)
  73. 72 points, 1 submission: Itasia
    1. What Are Atomic Swaps? Ultimate Guide (72 points, 16 comments)
  74. 71 points, 1 submission: MannyAndDrChurchShow
    1. I wonder if they would still honor this card.... (71 points, 9 comments)
  75. 68 points, 4 submissions: grittygatorr
    1. Liquid Network - the world’s first production Bitcoin sidechain has officially gone live (65 points, 100 comments)
    2. XDEX Advertises Commission-Free Bitcoin Trading in Brazil (2 points, 0 comments)
    3. Coinfloor to Cut on Staff and Reorganize Amid Volume Fluctuations in the Crypto Markets (1 point, 0 comments)
    4. Barclays Temporarily Suspends Work on Cryptocurrency Trading Project (0 points, 1 comment)
  76. 68 points, 1 submission: WouterGlorieux
    1. Introducing 'The Bitcoin Spellbook': an open-source REST API server for the back-end of (almost) any Bitcoin application. (Think of it as your own IfThisThenThat server but for Bitcoin) (68 points, 3 comments)
  77. 67 points, 1 submission: Vaultoro_official
    1. Leading up to the LightingNetwork Hackathon in NY, I thought I would post the talks we filmed at the Berlin lightningHackDay. Some amazing talks! (67 points, 1 comment)
  78. 65 points, 1 submission: Komodor123
    1. Do you speak more than one language? Then help spread Bitcoin around the world by translating Bitcoin.org! (65 points, 28 comments)
  79. 63 points, 1 submission: Sandiegosurf1
    1. Fidelity Launches Institutional Crypto Trading and Clearing. Let the institutional money flow! (63 points, 1 comment)
  80. 63 points, 1 submission: TearAnus-SoreAssRekt
    1. Buying PC Games With Bitcoin: Site Reviews (with some accepting Lightning!) (63 points, 7 comments)
  81. 62 points, 1 submission: CryptoCloaks
    1. We finally got our RaspiBlitz case to a level we love! Time for load testing to check thermals, final mods are almost done! (62 points, 10 comments)
  82. 61 points, 1 submission: sagiher
    1. #Liberte#CaribbeanBitcoin#ShoutOutToAllBitcoinDeveloperOutThere (61 points, 9 comments)

Top Commenters

  1. PragmaticParadox (465 points, 7 comments)
  2. ikarienator (462 points, 1 comment)
  3. Hanspanzer (434 points, 106 comments)
  4. Toyake (434 points, 71 comments)
  5. uglymelt (394 points, 3 comments)
  6. UsherTechs (377 points, 1 comment)
  7. isdudu (345 points, 4 comments)
  8. TyroneTheDriver (307 points, 1 comment)
  9. Rattlesnake_Mullet (296 points, 11 comments)
  10. andycam7 (282 points, 3 comments)
  11. dmdeemer (275 points, 1 comment)
  12. BTCkoning (266 points, 114 comments)
  13. CP70 (257 points, 7 comments)
  14. ascension8438 (239 points, 7 comments)
  15. Fly115 (226 points, 9 comments)
  16. haribo_2016 (220 points, 4 comments)
  17. dsmid (214 points, 1 comment)
  18. i_gotta_say (208 points, 87 comments)
  19. TheGreatMuffin (206 points, 56 comments)
  20. ebaley (198 points, 34 comments)
  21. bitsteiner (185 points, 86 comments)
  22. Redditridder (181 points, 5 comments)
  23. KupKhunKrap (173 points, 36 comments)
  24. 45sbvad (169 points, 3 comments)
  25. c3corvette (165 points, 2 comments)
  26. killerstorm (163 points, 8 comments)
  27. evilgrinz (158 points, 48 comments)
  28. chronic_nervosa (140 points, 1 comment)
  29. bigdaddysdick (136 points, 7 comments)
  30. castorfromtheva (129 points, 27 comments)
  31. Touchmyhandle (125 points, 12 comments)
  32. Euphoricsoul (122 points, 1 comment)
  33. WaterMac27 (122 points, 1 comment)
  34. DSXIII (118 points, 1 comment)
  35. RIMS_REAL_BIG (117 points, 24 comments)
  36. cryptogrip (112 points, 39 comments)
  37. WalterRyan (108 points, 10 comments)
  38. sudophant (107 points, 5 comments)
  39. NotSeeTroll (104 points, 37 comments)
  40. deadleg22 (104 points, 10 comments)
  41. shared_makes_it_real (103 points, 26 comments)
  42. alexiglesias007 (103 points, 7 comments)
  43. Buttoshi (102 points, 68 comments)
  44. flunderbossanova (102 points, 59 comments)
  45. lexihayes99 (101 points, 28 comments)
  46. mabezard (101 points, 2 comments)
  47. peniswithahoodie (98 points, 1 comment)
  48. beloboi (96 points, 65 comments)
  49. vovr (89 points, 3 comments)
  50. segells4soulsmogoblo (89 points, 1 comment)
  51. damchi (87 points, 21 comments)
  52. smadgerano (81 points, 14 comments)
  53. time_wasted504 (80 points, 34 comments)
  54. joeknowswhoiam (80 points, 16 comments)
  55. diydude2 (79 points, 26 comments)
  56. sQtWLgK (79 points, 17 comments)
  57. 989x4000 (78 points, 22 comments)
  58. sreaka (78 points, 16 comments)
  59. YoungScholar89 (78 points, 6 comments)
  60. Ellipso (76 points, 2 comments)
  61. HitsABlunt (76 points, 1 comment)
  62. almkglor (75 points, 39 comments)
  63. MrRGnome (75 points, 37 comments)
  64. Daddeus65 (75 points, 28 comments)
  65. whalecheetah (75 points, 25 comments)
  66. BCash_BeTrash (75 points, 23 comments)
  67. cipher-space (75 points, 19 comments)
  68. bnuttall (72 points, 2 comments)
  69. chrisrico (71 points, 26 comments)
  70. esdraelon (71 points, 8 comments)
  71. ale1ormont (71 points, 2 comments)
  72. igadjeed (70 points, 42 comments)
  73. Holographiks (70 points, 19 comments)
  74. frankieboy07 (70 points, 2 comments)
  75. snazzycoins (69 points, 12 comments)
  76. dmar198 (69 points, 11 comments)
  77. protoman86 (69 points, 7 comments)
  78. bitbug42 (68 points, 5 comments)
  79. CardCollector1 (66 points, 16 comments)
  80. hawks5999 (66 points, 7 comments)
  81. DefiantVerse (65 points, 12 comments)
  82. psionides (65 points, 8 comments)
  83. btc-forextrader (64 points, 37 comments)
  84. UniqueNewQuark (63 points, 5 comments)
  85. imaducksfan (63 points, 1 comment)
  86. bitusher (62 points, 23 comments)
  87. homad (62 points, 13 comments)
  88. torbitonsa (62 points, 7 comments)
  89. violencequalsbad (62 points, 7 comments)
  90. wwwdata (61 points, 20 comments)
  91. LadyRosedancer (61 points, 1 comment)
  92. Nunoyabiznes (60 points, 22 comments)
  93. pg3crypto (60 points, 13 comments)
  94. XxArmadaxX (60 points, 4 comments)
  95. awertheim (59 points, 27 comments)
  96. Ploxxx69 (59 points, 1 comment)
  97. TheGlassStone (59 points, 1 comment)
  98. moodytomatoes (58 points, 39 comments)
  99. Sneakybobo (58 points, 13 comments)
  100. UniqueCandy (58 points, 8 comments)

Top Submissions

  1. Anti-crypto propaganda... promoted by American Express by Alexsayzz (4526 points, 513 comments)
  2. Someone just paid $0.10 to move $194M (29,999 BTC). Think about how powerful that is for a second. by MoonMan_666 (2369 points, 380 comments)
  3. When your boss thanks you for staying late at work but you were just watching the Bitcoin price and lost track of time by _Logicrypto (2077 points, 69 comments)
  4. ⚡Lightning Network at the Senate - Counterargument to Roubini's speech that Bitcoin can never scale to serve the planet by bitbug42 (1496 points, 186 comments)
  5. Why sell and pay capital gains, why not wait for mass adoption? That's my motto. by opencoins (1417 points, 244 comments)
  6. Took a while but finally part of the picture club (had to wait on the web browser update!) by awertheim (1174 points, 127 comments)
  7. Feeling good? by Hodl_it (853 points, 215 comments)
  8. Bitcoin ATM operator gets the $62,500 that police confiscated back by cointastical (833 points, 110 comments)
  9. Congratulations US senators for understanding crypto better than this guy by JandyJammer (748 points, 125 comments)
  10. ...in case you missed the laura shill burn today by lesbiansareoverrated (704 points, 100 comments)

Top Comments

  1. 462 points: ikarienator's comment in Feeling good?
  2. 456 points: PragmaticParadox's comment in Anti-crypto propaganda... promoted by American Express
  3. 387 points: uglymelt's comment in ⚡Lightning Network at the Senate - Counterargument to Roubini's speech that Bitcoin can never scale to serve the planet
  4. 377 points: UsherTechs's comment in When your boss thanks you for staying late at work but you were just watching the Bitcoin price and lost track of time
  5. 342 points: isdudu's comment in Anti-crypto propaganda... promoted by American Express
  6. 307 points: TyroneTheDriver's comment in Anti-crypto propaganda... promoted by American Express
  7. 276 points: andycam7's comment in Why sell and pay capital gains, why not wait for mass adoption? That's my motto.
  8. 275 points: dmdeemer's comment in Someone just paid $0.10 to move $194M (29,999 BTC). Think about how powerful that is for a second.
  9. 268 points: Rattlesnake_Mullet's comment in Someone moved 12,220 BTC ($82M) in block 545,877
  10. 244 points: CP70's comment in Anti-crypto propaganda... promoted by American Express
Generated with BBoe's Subreddit Stats
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Bitcoin Is Free Speech: Why Jamie Dimon Was Wrong and ... Jamie Dimon Still Hates Bitcoin But JPMorgan Moves On JPMorgan CEO Jamie Dimon: I Could Care Less About Bitcoin ... #276 Jamie Dimon bedauert Bitcoin Betrug Aussage, Zentralbank Israel Bitcoin & Microsoft Bitcoin Zah Jamie Dimon back at it says

Jamie Dimon, managing director of the major US bank JPMorgan Chase, was one of the first and for a long time most prominent voices who loudly doubted Bitcoin. In September, he had predicted Bitcoin would end with a speedy crash. This week he says he regrets having accused Bitcoin of being a “fraud”. Dimons rethink reflects a steady trend: As more and more political forces raise their ... Jamie Dimon is finding it difficult to ignore Bitcoin. A day after stating that he would not talk about Bitcoin, he breaks his silence to emphasize that stupid bitcoin investors will pay the price. The Greater Fool Theory. The central theme of Jamie Dimon’s renewed attack on Bitcoin is that it is a bubble, where the underlying asset has no ... Der Chef der US-Großbank JPMorgan Chase, Jamie Dimon, hat die Kryptowährung Bitcoin als Betrug bezeichnet. Bei einer Rede auf einer Investoren-Konferenz in New York sagte Dimon, dass die ... Home Bitcoin Jamie Dimon: I ‘Don’t Give a Sh*t’ about Bitcoin. Bitcoin; Jamie Dimon: I ‘Don’t Give a Sh*t’ about Bitcoin. By. bitcoinminer - October 31, 2018. 262. 0. Facebook. Twitter . Google+. Pinterest. WhatsApp. Much like an old house that comes to be inhabited by the spirit, who, though no longer living, nevertheless has unfinished business on earth, JPMorgan CEO Jamie Dimon ... Dimon still maintains that the emphasis in the financial sector should remain on the blockchain, rather than Bitcoin which he maintains, he has unintentionally become the spokesperson against, arguing, “I didn’t want to be the spokesperson against Bitcoin. I just don’t give a ….., that’s the point…Blockchain is real, it’s a technology, but Bitcoin isn’t the same as a fiat ...

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Bitcoin Is Free Speech: Why Jamie Dimon Was Wrong and ...

Today in Bitcoin (2017-09-14) - Jamie Dimon is Terrified about Bitcoin - NK Mining - BTC Mainstream World Crypto Network. Loading... Unsubscribe from World Crypto Network? Cancel Unsubscribe ... Use the code R8avSs and get 3% every time you purchase hashpower to mine Bitcoin and Ethereum and a ton of other Cryptocurrencies at https://www.genesis-mining.com 3% discount code: R8avSs My BTC ... You can't make this stuff up. Just days after Jamie Dimon proclaimed that "Bitcoin is a Fraud!" and he would "Fire any trader that worked for him that bought... Willkommen zur Bitcoin-Informant Show Nr. 276 Heute geht's um folgende Themen: JPMorgan-Chef Dimon distanziert sich von scharfer Bitcoin-Kritik, Zentralbank von Israel stuft Kryptowährungen als ... JPMorgan CEO Jamie Dimon breaks down his view on bitcoin while speaking Friday at the Institute of International Finance. » Subscribe to CNBC: http://cnb.cx/...

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