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An update from Richard

E-mail update from Richard - the team have been busy :)
Electroneum - Tech Update, Instant Payment Patent & More Hi Everyone,
I’m currently whizzing around Asia and the Middle East to meet with some important contacts that were made at the Mobile World Congress in Barcelona.
This is going to be quite a long update (I’ve just read through it as I make this comment – and it’s a monster! I knew I should have written a novel) Here’s a synopsis (not in any order) for a fast update – then read the detail below, if you want to know more…
Patent Pending Secured! We’ve worked on this since last year, it protects our cryptocurrency hybrid system that will allow us to provide INSTANT cryptocurrency payments as well as cryptocurrency subscription payments! It is a game changer for the entire cryptocurrency industry, when it comes to everyday use.
Market sentiment (and how to change it) I’ll cover why the market has been filled with FALSE negativity and how we are going to change it (you can help too!).
Tech update (51% Attack, ASICS & more) There is no hard evidence that there IS a 51% attack taking place. The evidence that is being used is not evidence of a 51% attack in this instance, it’s a timestamp bug that is causing no problems at all. ASICS are nothing to worry about – we have ASIC resistance in the next update – which will be before the ASIC chips are widely available. Blockchain flooding, we are working on this from two ends – a blockchain update AND our patent makes the blockchain flooding far less problematic.
New technical team member introductions Two new blockchain based team members to introduce, who are already well in to fixing everything the market is worried about.
Growth (let’s end on a positive note!) Did you know that Electroneum is ahead of Twitter, Facebook & Dropbox in speed of growth? I’ll explain why.
Here are the full details if you want to dive in. Otherwise, thanks for reading this far - have a great day!
Changing the market sentiment… There is an enormous amount of negative and often false information flying around the internet about Electroneum. There has been a concerted effort by a number of very credible sounding people to try and damage the Electroneum brand for their own reasons or for their own financial gain.
A relatively small number of people have been spreading lies, fears and doubts at any sign of positivity. There is also an automated trading strategy that has kept placing tiny sell orders just under the market price which along with the negative narrative, has resulted in loop of negativity that seems to feed itself.
I’d like everyone to know that the Electroneum project is not in any danger and whilst there are some legitimate questions such as when we will be implementing ASIC resistance (covered below), there is nothing that is going to cause us long term harm.
An important thing to remember is that a group of people think it is worth spending a lot of their own money, and time, trying to discredit Electroneum and our team. We’ve always expected this because we are disruptive to the industry.
There is no other cryptocurrency that is poised to reach so many users, and there is no other cryptocurrency that has solved the problem of instantaneous transactions that will allow cryptocurrencies (not jut ours!) to be spent online or in shops, restaurants, cafés etc. Currently the volume of ETN traded every day is low and the ability for someone to manipulate the price exists. As we move forwards onto the largest crypto exchanges and we start delivering on our promises, I hope to see that daily trading volumes grow to the point that that cannot be manipulated. We will change the sentiment of people who doubt the project of the coming weeks and months with both innovative technology and by becoming the first cryptocurrency to start being used in everyday transactions by millions of users.
If you’d like to see market sentiment changing – don’t forget you can help! Any time you see negativity for negativity’s sake make a comment that points out some positives. I’m not asking for a giant spam army to take over the world (evil laugh) but all of YOU are Electroneum. It wouldn’t exist without you, so feel free to get involved and make positive comments about YOUR project. Electroneum.
Two New Blockchain Developers to Introduce
Chris Harrison, working from our UK office. Chris joined us recently and has a background in Fintech and blockchain. He brings an exceptionally high level of understanding of the mathematics behind cryptocurrencies and develops in C++ (among others!), the language that our blockchain codebase is written in. He is working closely with our existing team and our second new blockchain starter Andre. https://www.linkedin.com/in/christopher-harrison-3a95a2a0/
Andre Patta, working from Brazil. Andre has a huge amount of experience as a corporate software engineer working with companies such as Ericsson, and has spent much of his time in recent years working on the interaction of decentralised technology with the financial sector. He has worked extensively with the blockchain technologies of Ethereum and Monero. https://br.linkedin.com/in/andre-patta-77859b56
We are very lucky to have an AWESOME Electroneum team and both of the two new developers will add their strengths and take us to new heights.
Tech Update Both of the new team members are already working closely with our existing team to get a blockchain update ready for release. This will include ASIC resistance, update to the core blockchain code, an algorithm tweak to prevent empty blocks being profitable for miners and a number of bug fixes and tweaks.
ASIC Resistance There seems to be a lot of misinformation circulating about ASICS. ASICS are a type of computer chip designed to do just one job, and do it well. There is a new ASIC out that enables owners of those machines to mine ETN at a much higher hashrate than GPU miners, however there are currently only very limited numbers of them, and they are not available to purchase at the moment (they are not easy to buy, we are trying to get some for testing). The next batch are due out in June. We will have our ASIC resistance in place before they become a potential problem to us.
51% attack. There are rumours that a 51% attack on ETN is happening. People have been quoting altered timestamps as evidence of this, but that is a bug that we are aware of and has been there since the first day we launched. It will be fixed but is nothing to worry about. Orphaned blocks have no fundamentally negative effect on the functionality of the blockchain.
Any cryptocurrency can suffer from a 51% attack – where someone controls 51% or more of the mining power, it gives them the ability to make false entries into the ledger – however there is no HARD evidence that this is taking place. Our investigations have been unable to identify an attack, however people are starting to believe it because of the credibility of some of the article writers and the timestamp issue. Ask yourself this – if someone could manipulate a cryptocurrency and make money from that manipulation, why would they announce their ability by altering time stamps? They would not. The rumours of this attack are what is called FUD in this market (the spreading of Fear Uncertainty and Doubt).
Blockchain flooding. It’s true that someone is spending their own money to flood the ETN blockchain with transactions. Whilst a lot is being made of it by the same people, It’s actually been quite useful to us, as we need to understand the load requirements for true mass adoption. We have some great data from is and are working on a tweak to the blockchain code that will enable us to do something about this, including a change to the dynamic block sizing algorithm (more on this in another update) – but remember that our instant payment system that is coming and is protected in our patent (see below), makes a blockchain flooding attack completely harmless against ETN. Our systems can verify the payment and if it takes hours to hit the blockchain, the user and vendor are unconcerned (read about this in the patent section below).
In short, don’t worry, all the tech is in hand. Technical glitches and problems will always happen in any company scaling as fast as we are – but we will always find them and resolve them.
Instant cryptocurrency payments & crypto subscriptions - Patent Pending We are completely confident we will be the largest cryptocurrency by user numbers within a year. We are also confident that we will be the most widely USED cryptocurrency, with developments in instant EPOS (electronic point of sale – or tills as we call them in England!) and ecommerce.
Our instant cryptocurrency payment technology patent is now officially “patent pending” so we can now discuss some exciting details about it.
I’ve made hints about this for weeks, I really thought we’d have it submitted sooner, but it’s an exceptionally detailed patent that enables us to do some VERY exciting things!
Instantaneous Cryptocurrency Payments We have a hybrid model, with a centralised app and decentralised blockchain it enables us to INSTANTLY confirm to a vendor (shop or online store) that an Electroneum user HAS the funds available in their wallet and therefore they can checkout of an ecommerce system or pay at a shop till and take the goods or service, instantly. We then (internally) ring-fence the funds to prevent them double spending (just like the blockchain does) – and move the transaction to the blockchain in good time.
The vendor and the user are happy because they got to buy something in a shop or online with zero fuss, bother or delay, and the vendor trusts us to ensure the payment is on its way. Vendors are used to waiting after an instant SUCCESS or FAILURE message – as that’s what a credit card machine does. The money from a credit card sale is only deposited into the vendors bank after a couple of days or more.
Some of the retailers we’ve been speaking to right back from last year, absolutely needed instantaneous payments before they would ever consider accepting cryptocurrency – which is why we’ve spent so much time and effort on this patent and the back-end technology that allows it. (not a small amount of money either!). A lot of large vendors have been waiting for this patent to be filed, as it changes the entire way a cryptocurrency can be used and takes it out from being just a relatively small technical user group, to being a genuinely useful way to make real world transactions.
If the user is using the Electroneum App or web wallet system, and the vendor has an account with us, the instant payment system will be available to them. Instant payments can even happen between our users – allowing anyone to instantly transfer funds.
The back – end system is not quite ready to roll out, but we’ve already been writing the code in advance of the patent going live. We will have it to MVP (minimum viable proposition) within the next couple of months (sooner if we can), which will allow vendors to get an instant notification of a payment, which they can hook in to their existing payment processing facility. We are working with integration with a couple of mobile network operators first, as we are commercially further ahead with them than anyone else. We are keen to work with any large brands as they can leverage being “first in their industry” to accept cryptocurrency and gain the benefit of free publicity.
Cryptocurrency Subscription Payments So, if instant cryptocurrency payments wasn’t exciting enough, the technology and the patent covers something else that is a first in cryptocurrencies too, subscription payments in crypto!
Our hybrid model ALSO allows us to prompt a user for permission and then set up a subscription to make a regular payment to a vendor! Who do we know who likes subscriptions? Well, just about everybody in business is the answer – starting with the mobile operators.
Our patent covers subscriptions in cryptocurrencies and it covers subscriptions in cryptocurrencies to the value of any fiat currency, allowing a subscription to be either XX ETN per month (or week etc) or YY US Dollars worth of ETN per month. Users can control their subscriptions and permissions via a web interface (to be released).
Our patent covers all cryptocurrencies and even allows us to provide instant payments or subscriptions in any OTHER cryptocurrency via our system. The patent is over 100 pages of text and flowcharts, so it’s extremely robust and covers a number of other cryptocurrency innovations too, but I think that’s enough for now!
That’s right – we now have a protected patent that allows us to add bitcoin, Ethereum, monero or virtually any other cryptocurrency to our app and allow users to make instant crypto payments to any vendor who wants to have the convenience of instant check-out. This won’t be happening this year, as we want to get Electroneum (ETN) out there first into the market, but it gives us the ABILITY to provide this if the market demands it. We could therefore work with a large multinational vendor who had chosen a different cryptocurrency, but still leverage the Electroneum brand, as part of our strategy for brand dominance and growth.
There’s bound to be a ton of questions and there’s bound to be a lot of people trying to claim that this can’t happen or it doesn’t exist – but I assure you that the patent is filed (patent app. Number 1805708.3) and Dentons are confident of our claims, and we are going to deliver everything we’ve said we will. This single jurisdiction patent application protects the idea we apply for global patents.
It covers a number of other things too, that we’ve discovered by being the first people to ever handle this volume of cryptocurrency users in a hybrid app. Since we’ve found solutions for a lot of the problems, we’ve patented the techniques to give Electroneum the intellectual property rights, enabling us to protect the process, or even earn royalties from their use elsewhere.
One of the phrases we heard last year speaking to one of the large vendors we are in discussion with was “Where is your moat?”. What they meant by this is what is to stop someone else coming along and offering the same thing. What protects the Electroneum business model (other than our massive first mover advantage)? This patent is exactly what they were after. If gives them a reason to publicly endorse us as a fintech partner, because we are following the corporate path.
We are now protected. No new ICO can think “great idea” and take it, as it’s protected by global patent laws.
Faster growth than Twitter & Facebook - a positive thought to finish on. In amongst some of the negativity recently I thought – “hey! There’s another thing I’d like to point out to detractors and those with only negative comments for ETN”. We are already up there with some of the greats. Think about it, we’ve already shown that we can grow faster than Twitter, Facebook and Dropbox (we hit 1m users after 5 months of being live – Twitter took 2 years, Facebook 10 months and Dropbox 7 months).
Now think what we can do with a global patent that enables us to transact any cryptocurrency instantly into any shop or ecommerce system, coupled with a method to introduce new users to cryptocurrency in their millions.
I hope you are as excited about the future as I am.
Don’t worry about the future of Electroneum, we are building strong foundations to ensure we deliver what we’ve always promised. Cryptocurrency mass adoption. It’s coming…
As always, I wish you all health, happiness and a wonderful weekend
Richard Ells Electroneum Founder
submitted by Xlimxlim to Electroneum [link] [comments]

Why I believe we're on the cusp of the 3rd great Bitcoin bubble

We've recovered from the last crash
You might think it's a bit early (based on the time frame for the last recovery), but things are looking a lot different than in 2011. I would suggest its because the last bubble popped prematurely due to Mt. Gox's failure of a trading engine.
Interest in buying Bitcoins has gone up to its highest point since the last bubble.
There's a similar spike in general interest. Partly helped along by the Silk Road news.
The network is being used at the same rate as during the last bubble.
The Bitcoin ATM story (see below) is causing Bitcoin to trend in Canada on Google (was #1 for a bit). The $27 story (see below) will almost certainly cause a large spike worldwide in Google trends once they're updated up to yesterday.
Lots and lots of new businesses now accept Bitcoins
One legitimate criticism of Bitcoin last year was the lack of places to spend them. We basically just had Alpaca Socks, Reddit and Wordpress, we've grown a lot since then!
Charities and others are taking donations
The first Bitcoin I ever spent was to donate to Wikileaks. More and more places are setting up Bitcoin donation buttons, because why not?
The $27 story is going massively viral
I think the attention this story is getting took a lot of us by surprise. We're thinking "of course if you bought Bitcoins in 2009 you're rich" and it didn't make much of a splash. But to the rest of the world it's a very novel and interesting story.
The first Bitcoin ATM has been installed
Easier way for people acquire Bitcoins with cash. Lots of free publicity. More machines are on their way and will generate more and more news.
Institutional money is coming
Afraid with the price at $200 that it will be hard to find enough moms and pops to keep money coming in faster than miners are selling? Don't be, there are individuals out there with a net worth higher than the entire Bitcoin ecosystem.
Interesting new developments
Cool things that didn't exist before the last bubble (as far as I remember).
Governments are explicitly saying it's not illegal
More and more governments are either saying Bitcoins are legitimate currency, or releasing guidelines for exchanges to comply with anti-money-laundering laws.
New generation of exchanges
Mt. Gox's terrible trading engine was a huge factor in the last crash. They couldn't keep up with all the new interest.
This time around there are more exchanges in more countries, and not a single point of liquidity.
submitted by DTanner to Bitcoin [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]

Subreddit Stats: btc top posts from 2017-05-17 to 2018-05-16 16:37 PDT

Period: 364.19 days
Submissions Comments
Total 1000 171217
Rate (per day) 2.75 467.46
Unique Redditors 530 18280
Combined Score 587073 990947

Top Submitters' Top Submissions

  1. 27576 points, 60 submissions: MemoryDealers
    1. I'm Roger Ver, CEO of Bitcoin.com and world's first investor in Bitcoin startups. AMA (974 points, 941 comments)
    2. The pro Bitcoin Cash video from CNBC made it to the very front page of Yahoo.com! (863 points, 191 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. (820 points, 413 comments)
    4. Reminder: Blockstream and Core got 100% of everything they asked for. (808 points, 333 comments)
    5. I'm giving away $100 each of BCH and BTC on live TV tomorrow by displaying the private key. Guess why? (744 points, 832 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 (689 points, 276 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." (677 points, 364 comments)
    8. I just bet 1,000 BTC (~$4M USD) that Segwit 2X coin will have more value than Segwit 1x coin. (645 points, 399 comments)
    9. 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, 221 comments)
    10. PSA: If you get an email from me (Roger Ver) asking to borrow BTC, you can be 100% sure it as a scam. If they ask to borrow BCH, it is more plausible, but still a scam. (597 points, 73 comments)
  2. 23187 points, 41 submissions: Egon_1
    1. bitcoin mods removed top post: "The rich don't need Bitcoin. The poor do" (4814 points, 511 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." (1303 points, 339 comments)
    3. 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." (654 points, 228 comments)
    4. "Bitcoin.com wallet now displays "Bitcoin Cash" and "Bitcoin Core" balances. Should satisfy everyone, right? ;)" (626 points, 448 comments)
    5. GDAX: "We will open the BCH-BTC Order Book on Wednesday, January 17 at 9:00 am PST." (624 points, 114 comments)
    6. Stephen (BitPay CEO):"a typical #bitcoin transaction costs $1.80 now, >200k unconfirmed transactions, time for a hard fork to larger blocks ... 8mb please" (545 points, 113 comments)
    7. 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)
    8. @Bitcoin: "The ownership of this account has not changed hands. I became busy with other things, much has changed since then and I've decided to take a more active role in the community once again." (536 points, 125 comments)
    9. 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” (530 points, 134 comments)
    10. U.S. Regulators to Subpoena Crypto Exchange Bitfinex, Tether (527 points, 196 comments)
  3. 13318 points, 28 submissions: hunk_quark
    1. Censored! Youtube removes Roger Ver's video on "The effects of Censorship and Propaganda upon Bitcoin" (1001 points, 297 comments)
    2. CNBC is waking up (882 points, 145 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. (623 points, 198 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. (616 points, 114 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 (608 points, 166 comments)
    6. Wouldn't wanna be this shopper. (587 points, 125 comments)
    7. GDAX enabling EUBCH trading pair next week. #winning 🎆 (574 points, 67 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, 176 comments)
    9. Elizabeth Stark of Lightning labs calls out Blockstream on letting users tinker with LN that's neither safe nor ready for mainnet. (492 points, 269 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! (462 points, 131 comments)
  4. 10330 points, 13 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, 465 comments)
    2. Dear Reddit Admins: We need to talk about /Bitcoin (1340 points, 284 comments)
    3. Paid for this whisky with Bitcoin Cash! Ginza bar becomes third Tokyo retail establishment to accept BCC (749 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? (661 points, 163 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] (647 points, 73 comments)
    6. /Bitcoin in a nutshell (537 points, 69 comments)
    7. 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. (482 points, 173 comments)
    8. Shit, they're on to us (455 points, 67 comments)
    9. "Am I so out of touch?" (437 points, 164 comments)
    10. abrkn on Twitter: I've bought some Bitcoin Cash. Now I just need @Blockstream to keep kicking developers, banning wallets, and insulting miners. (426 points, 95 comments)
  5. 9412 points, 19 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. (854 points, 500 comments)
    2. Someone hacked the account todu which was a mod here to point users to /bitcoin (736 points, 263 comments)
    3. Congrats: /btc has reached 150,000 subscribers! (702 points, 356 comments)
    4. Twitter continues to go downhill - flags @Bitcoin account as ‘temporarily restricted due to unusual activity’ (637 points, 216 comments)
    5. 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. (626 points, 153 comments)
    6. What /bitcoin mods desperately don't want you to see! (597 points, 106 comments)
    7. /btc is trending on reddit today, congrats everyone! (584 points, 18 comments)
    8. Bitcoin Cash is upgrading on May 15 to 32MB max block limit (579 points, 335 comments)
    9. /DarkNetMarkets shut down by Reddit (452 points, 324 comments)
    10. Just a heads up on what is going on in this sub - please be aware of what is happening. There is a coordinated effort by a specific group to undermine and destroy everything that we support because they are about to lose power come mid-November. (422 points, 200 comments)
  6. 9302 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. (8584 points, 1173 comments)
    2. New anti-censorship bot for /bitcoin (718 points, 347 comments)
  7. 8263 points, 15 submissions: jessquit
    1. You can now store a year's worth of continuously full 8MB blocks for the cost of a single BTC transaction (1375 points, 386 comments)
    2. There never was a "scaling problem." The only problem is "people that don't want Bitcoin to scale." (776 points, 419 comments)
    3. Please stop saying "Increase the block size" (661 points, 450 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 (625 points, 216 comments)
    5. Why us old-school Bitcoiners argue that Bitcoin Cash should be considered "the real Bitcoin" (585 points, 587 comments)
    6. I think we need an EDA fix before the Nov hardfork (535 points, 346 comments)
    7. Why large blocks: because one man's "coffee purchase transaction" is another man's monthly income (508 points, 104 comments)
    8. There is a word for a "store of value" with no underlying utility, and that word is "collectible" (481 points, 171 comments)
    9. Ripple user comes to defend Ripple, gets hundreds of upvotes, but can't answer the most fundamental question: what prevents inflation? (462 points, 407 comments)
    10. If you don't agree that the mission is to make onchain transactions readily available to ALL people at ALL income levels then you don't understand the whole reason Bitcoin was invented to begin with (449 points, 203 comments)
  8. 8227 points, 17 submissions: increaseblocks
    1. No Neo I'm trying to tell you ... (700 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 (680 points, 496 comments)
    3. * Ripple is not mineable (it is a centralized private blockchain run by banks) (628 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 (576 points, 188 comments)
    5. Fixed - Bitcoin Cash moving money far better. SegWitCoin moving money with high fees and slow confirmation times! (538 points, 105 comments)
    6. Blockstream investor emails leaked - shows Blockstream motivation to steal transaction fees from miners and pay to Liquid sidechain customers (531 points, 250 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 (511 points, 61 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 (494 points, 143 comments)
    9. Coinbase comes through and does the correct thing and adds clarification on the upcoming Segwit2x Fork (452 points, 199 comments)
    10. Core trolls have hard decisions to make (437 points, 141 comments)
  9. 8207 points, 19 submissions: Windowly
    1. "If BCH hashpower > BTC, I'll start referring to it as just 'Bitcoin' :" ~ Gavin on twitter (773 points, 238 comments)
    2. You want to go grab a coffee?? (643 points, 420 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 (595 points, 122 comments)
    4. "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)
    5. "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 (465 points, 252 comments)
    6. That Awkward Moment. . . . (431 points, 129 comments)
    7. "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 (427 points, 155 comments)
    8. "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 (419 points, 177 comments)
    9. Bitcoin Cash finally released on Open Bazaar! (417 points, 36 comments)
    10. Trezor is refusing to provide full wallet support for Segwit2x. This means if you buy Segwit2X on an exchange you can't store it in your hardware wallet. Another reason to buy a Ledger! (394 points, 200 comments)
  10. 8112 points, 2 submissions: PedanticPendant
    1. The idiocracy of bitcoin (7759 points, 751 comments)
    2. I made a new version of the well-known "Differences between the two versions of Bitcoin" diagram which I think is more informative (353 points, 135 comments)
  11. 7032 points, 11 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!! (1858 points, 119 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. (1089 points, 52 comments)
    3. Friendly reminder: Vitalik "I consider BCH a legitimate contender for the bitcoin name." (800 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 (563 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 (486 points, 164 comments)
    6. While Jamie Dimon is shutting down your accounts, Russia’s largest State Bank is about to open cryptocurrency exchange In europe (433 points, 39 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 " (426 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 (365 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! (358 points, 273 comments)
    10. Naomi Brockwell on Twitter: "[I] won’t succumb to censorship through intimidation." (330 points, 190 comments)
  12. 6983 points, 1 submission: boomtnt46
    1. As of today, Steam will no longer support Bitcoin as a payment method (6983 points, 1192 comments)
  13. 6148 points, 7 submissions: normal_rc
    1. Legacy Bitcoin tries to buy a cup of coffee (2299 points, 503 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). (1475 points, 522 comments)
    3. How the Bilderberg Group, the Federal Reserve central bank, and MasterCard took over Bitcoin BTC. (590 points, 221 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. (541 points, 208 comments)
    5. Tor Project can accept small donations again, thanks to Bitcoin Cash. (452 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. (413 points, 109 comments)
    7. Bitpay announcement: Electron Cash wallet now fully supports Bitpay BIP70 payment invoices for Bitcoin Cash. (378 points, 37 comments)
  14. 6118 points, 12 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” (824 points, 221 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." (803 points, 428 comments)
    3. Hundreds of botted accounts mixed with some real ones simultaneously post "Bitcoin Cash is Trash" on twitter. Blockstream reaching sheer desperation status. (724 points, 285 comments)
    4. Overstock accepts Bitcoin Cash - BCH holders can now buy Home Goods, Bed & Bath Essentials, Jewellery & More! (597 points, 115 comments)
    5. ProtonMail asking for community assistance to enable Bitcoin Cash payments (536 points, 84 comments)
    6. WooCommerce brings Bitcoin Cash (BCH) to its 380,000 online retailers. (471 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 (406 points, 193 comments)
    8. Largest Sports Gambling Site in the World, Bovada, now Accepts BCH. Billions of dollars in transactions a year (384 points, 60 comments)
    9. Bitcoin Cash support on OpenBazaar now live (360 points, 44 comments)
    10. Korean exchange KuCoin announce BCH trading pairs. (347 points, 40 comments)
  15. 5793 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. (719 points, 225 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. (663 points, 399 comments)
    3. Western Union vs. Bitcoin vs. Bitcoin Cash (634 points, 102 comments)
    4. It's called "Bitcoin Cash". The term "Bcash" is a social attack run by bitcoin. Not joking. Here is the full explanation, with proof. (568 points, 311 comments)
    5. 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. (505 points, 100 comments)
    6. 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! (442 points, 169 comments)
    7. 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. (408 points, 384 comments)
    8. 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. (405 points, 170 comments)
    9. #NOTX (392 points, 56 comments)
    10. Bitstamp just now renamed "Bcash" to "Bitcoin Cash". Win! (366 points, 61 comments)
  16. 5332 points, 1 submission: 11111101000
    1. Buy, sell, send and receive Bitcoin Cash on Coinbase (5332 points, 1034 comments)
  17. 5148 points, 2 submissions: peptocurrency
    1. Guess who controls over half a billion Tethers across 3 exchanges—over 73% of USDT currently in circulation. (4745 points, 637 comments)
    2. Dear Bitcoin: You're right. BTC has been attacked. (403 points, 107 comments)
  18. 5048 points, 8 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 (1427 points, 434 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." (847 points, 84 comments)
    3. They used to use Bitcoin... (738 points, 179 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 (496 points, 434 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. (429 points, 208 comments)
    6. Update from BitGo: "Due to strong customer interest BitGo will enable full support of Bitcoin Cash" (406 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. " (359 points, 73 comments)
    8. Congratulations, we have surpassed /bitcoin in "users here now" with 3600 users! (346 points, 63 comments)
  19. 4323 points, 6 submissions: Anenome5
    1. Government: "Cryptocurrencies are too risky." Also government: "Buy lottery tickets." (1297 points, 141 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 (949 points, 314 comments)
    3. Let's End the War and focus on the TRUE ENEMY (722 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. (547 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. (407 points, 182 comments)
    6. Remember Ross Ulbricht: Dread Pirate Roberts and the Silk Road experiment (401 points, 218 comments)
  20. 4259 points, 10 submissions: knight222
    1. PSA: /bitcoin IS UNDER ATTACK (764 points, 262 comments)
    2. /btc is trending! (522 points, 63 comments)
    3. Bitstamp To Launch Bitcoin Cash Trading (483 points, 81 comments)
    4. CBS is referring the new chain as "Bitcoin Cash" and the old chain as "Bitcoin Classic". Ahah (414 points, 121 comments)
    5. Bitcoin cash (BCH) price could lead to bitcoin "death spiral" - Quartz (373 points, 55 comments)
    6. Bitcoin Cash just destroyed the narrative of a contentious hard fork. There is nothing contentious with free choice. (372 points, 115 comments)
    7. Bitcoin Cash support expected in the next Mycelium release! (362 points, 84 comments)
    8. Anti-Censorship Bot For Detecting Deleted Posts on Reddit Gets Censored - Bitcoin News (326 points, 88 comments)
    9. Every mainstream news outlet refer the fork as "Bitcoin Cash". (324 points, 123 comments)
    10. On Shapeshift right now. (319 points, 98 comments)

Top Commenters

  1. jessquit (18478 points, 1851 comments)
  2. H0dl (8651 points, 1170 comments)
  3. tippr (8182 points, 3135 comments)
  4. MemoryDealers (7610 points, 205 comments)
  5. ForkiusMaximus (7398 points, 685 comments)
  6. Ant-n (6860 points, 932 comments)
  7. knight222 (6608 points, 689 comments)
  8. imaginary_username (6465 points, 524 comments)
  9. BitcoinIsTehFuture (5444 points, 475 comments)
  10. LexGrom (5404 points, 1642 comments)
  11. BeijingBitcoins (5188 points, 404 comments)
  12. BitcoinXio (5072 points, 282 comments)
  13. Adrian-X (4416 points, 854 comments)
  14. poorbrokebastard (4324 points, 782 comments)
  15. PsyRev_ (4261 points, 532 comments)
  16. Egon_1 (4254 points, 292 comments)
  17. BitttBurger (4154 points, 464 comments)
  18. btcnewsupdates (4084 points, 402 comments)
  19. Kain_niaK (3996 points, 660 comments)
  20. cryptorebel (3801 points, 376 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 (8584 points, 1173 comments)
  2. The idiocracy of bitcoin by PedanticPendant (7759 points, 751 comments)
  3. As of today, Steam will no longer support Bitcoin as a payment method by boomtnt46 (6983 points, 1192 comments)
  4. Buy, sell, send and receive Bitcoin Cash on Coinbase by 11111101000 (5332 points, 1034 comments)
  5. bitcoin mods removed top post: "The rich don't need Bitcoin. The poor do" by Egon_1 (4814 points, 511 comments)
  6. Guess who controls over half a billion Tethers across 3 exchanges—over 73% of USDT currently in circulation. by peptocurrency (4745 points, 637 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, 465 comments)
  8. Latest projections show BTC will break the time space continuum by cryptopicker (3288 points, 151 comments)
  9. <--- This many people want bitcoincash.org to follow Coinbase and go green for brand recognition by connor-j (3262 points, 373 comments)
  10. Two biggest Bitcoin subs according to their counterparts (posted on both subs) by themetalfriend (3131 points, 232 comments)

Top Comments

  1. 2533 points: esquonk's comment in As of today, Steam will no longer support Bitcoin as a payment method
  2. 2290 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. 2028 points: kairepaire's comment in As of today, Steam will no longer support Bitcoin as a payment method
  4. 2019 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. 1210 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. 1205 points: LiamGaughan's comment in As of today, Steam will no longer support Bitcoin as a payment method
  7. 1181 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. 1178 points: TacoPi's comment in Buy, sell, send and receive Bitcoin Cash on Coinbase
  9. 959 points: insanityzwolf's comment in bitcoin mods removed top post: "The rich don't need Bitcoin. The poor do"
  10. 871 points: SethEllis's comment in As of today, Steam will no longer support Bitcoin as a payment method
Generated with BBoe's Subreddit Stats
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