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Atomic-TradeLLC: Crypto Exchange

*Welcome to the only exchange that rewards you for doing what you already do.* Earn ATP (Atomic Points) for trading, chatting and referrals. Every 6 hours you get paid a percentage of the sites fees based on how many ATP you are holding. It's feeshare for everyone. Buy any coin on the exchange and be entered into the hourly lotto. The more you trade the more everyone wins.
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StuffPoints

StuffPoints is one of the easiest and fun places on the web to make money.
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Digital dollar and visa/mastercard

Background:
Digital dollari is coming
So, what will happen to duopoly called visa and mastercard if there will be new centralized payment hosted by fed? Companies and merchants dont need to use visa or mastercard for transactions.
Also, do you think wechat or square kind of solutions will overtake mastercard?
submitted by zomgomg123 to stocks [link] [comments]

BetFury Birthday Bounty campaign for 15 mln BFG ($235 000)

BetFury Birthday Bounty campaign for 15 mln BFG ($235 000)

https://preview.redd.it/stkz0d0avev51.png?width=1170&format=png&auto=webp&s=17b08679bee92a08e30b78fca3d6f953f6d2f9d6
All Betfurians are looking forward to the grand holiday. Very soon we will be celebrating the first year of our platform. To make this holiday memorable, we have created a Huge Bounty campaign for 15 mln BFG on BitcoinTalk! Prizes are waiting for you in all social networks: Twitter, Facebook, Instagram, TikTok, Telegram, YouTube, Reddit. More rewards for BitcoinTalk Signature & Articles in: Steemit, Reddit, Medium, Golos, Quora.
Everyone is invited! Hurry up to apply for participation faster than others! The number of participants for some campaigns is limited.
Start receiving Birthday gifts now:
  1. Join the official Telegram channel and Bounty chat
  2. Create an account at BetFury.io
  3. Fill out the spreadsheet. There is a separate Google form for each campaign. After you have filled out Google forms go to the General spreadsheet and find your data. If you find your name in the spreadsheet, publish a post in this thread confirming your participation.
  4. Follow the requirements of the selected campaign carefully, taking into account all the important points.
  5. Publish your Weekly Report in this thread every week until MONDAY UTC 23:59 The reports are checked on TUESDAY.
  6. Get BFG tokens and use it for your own pleasure: stake and get daily dividends, bid in auction to get crypto, play In-house games and hold to exchange in the future.
General Rules:
  1. Participants can’t change their BetFury account nickname after registration.
  2. Check twice your nickname before registering for the campaign.
  3. KYC is not required for the Bounty campaign.
  4. Multiple accounts, fraud and spam are not allowed. You will be immediately disqualified from the Bounty program. Please note that any offensive or inappropriate behavior will result in immediate disqualification from the campaign.
  5. @Manager_BetFury and the project team reserve the right to change the terms of the campaign at any time.
  6. The submission form for articles and videos will be closed 3 days before the end of the Bounty.
  7. Accounts with negative (red) trust are not allowed to participate in the Bounty.
  8. The budget can be reallocated between campaigns in case of a shortage of coins for payments in one of them.
  9. Please check all links in your Weekly Report a few times to make sure they actually lead to your articles, Tweets, Retweets, Posts, Reposts, comments, video. Payments to all members are made every 2 weeks to the internal BetFury wallet.
If you have any questions - write our Bounty manager in the Bounty chat.

Twitter

https://preview.redd.it/nokyv8sfvev51.png?width=1050&format=png&auto=webp&s=869505ccb1d3d1cfb586a7e3e4f295a27eb7cdb8
  • Subscribe to the official BetFury page on Twitter
  • Retweet posts using special hashtags
  • Create at least 2 Tweets about the BetFury project per week, mentioning @betfury_io
  • Retweet the bounty post every two weeks. Full Campaign rules and terms of participation here: https://bitcointalk.org/index.php?topic=5283339
**Awards:** 300+ subscribers: $1 per week in tokens = 35 BFG(TRX) + 35 BFG(BTC) 500+ subscribers: $2 per week in tokens = 70 BFG(TRX) + 70 BFG(BTC) 2 500+ subscribers: $5 per week in tokens = 160 BFG(TRX) + 160 BFG(BTC) 10 000+ subscribers: $15 per week in tokens = 490 BFG(TRX) + 490 BFG(BTC) *Monthly Bonus + Quarterly Bonus

Facebook

https://preview.redd.it/rxph2rbkvev51.png?width=1050&format=png&auto=webp&s=9ba357d1d2c6f2ee6e088e7099281b47756b2247
**Awards:** 300+ subscribers: $1 per week in tokens = 35 BFG(TRX) + 35 BFG(BTC) 500+ subscribers: $2 per week in tokens = 70 BFG(TRX) + 70 BFG(BTC) 2 500+ subscribers: $5 per week in tokens = 160 BFG(TRX) + 160 BFG(BTC) 3 000+ subscribers: $8 per week in tokens = 260 BFG(TRX) + 260 BFG(BTC) *Monthly Bonus + Quarterly Bonus

Reddit

https://preview.redd.it/1on5zx5tvev51.png?width=1050&format=png&auto=webp&s=c4bde304f069d2ac5c9f713a1cfb10dfbe2f47e1
  • Subscribe to the BetFury official page on Reddit.
  • Make posts and write comments on a subreddit that is focused on cryptocurrency, blockchain, gambling, crypto faucets
  • Subreddits must have more than 500 subscribers.
  • Post/message length - at least 30 characters.
  • Your post/comment should link to BetFury.io
  • Repost the Bounty post every two weeks.
  • Don’t delete your posts/comments during this campaign.
  • Copy/paste and reposts of our posts in Reddit is prohibited. Full Campaign rules and terms of participation here: https://bitcointalk.org/index.php?topic=5283339
**Awards:Posts:** 5+ posts: $3 per week in tokens = 95 BFG(TRX) + 95 BFG(BTC) 10+ posts: $6 per week in tokens = 195 BFG(TRX) + 195 BFG(BTC) **Comments:** 5+ comments: per week $2 in tokens = 65 BFG(TRX) +65 BFG(BTC) 10+ comments: per week $4 in tokens = 130 BFG(TRX) + 130 BFG(BTC) *Monthly Bonus + Quarterly Bonus

Instagram

https://preview.redd.it/8z5bhrmvvev51.png?width=1050&format=png&auto=webp&s=545e49116efb20069f6452805610a7172b42453c
**Awards:** 300+ subscribers: $1 per week in tokens = 35 BFG(TRX) + 35 BFG(BTC) 500+ subscribers: $2 per week in tokens = 65 BFG(TRX) + 65 BFG(BTC) 1 000+ subscribers: $5 per week in tokens = 160 BFG(TRX) + 160 BFG(BTC) 10 000+ subscribers: $15 per week in tokens = 490 BFG(TRX) + 490 BFG(BTC) *Monthly Bonus + Quarterly Bonus

Telegram

https://preview.redd.it/8kqliimzvev51.png?width=1050&format=png&auto=webp&s=08969865c57fd41955d0c9d02d66a2645d44e19e
  • Change your Telegram name to “Your Name | BetFury Ambassador".
  • Replace your profile picture with your BetFury avatar.
  • Insert your referral link in the paragraph about “yourself”.
  • Write posts in other Telegram groups related to cryptocurrency, blockchain, gambling, crypto faucets. (max 2 messages per day).
  • You must remain in the Bounty group and keep the avatar, nickname and description till the end of the campaign to receive your reward. Full Campaign rules and terms of participation here: https://bitcointalk.org/index.php?topic=5283339
**Award:** $3 in tokens for the week = 95 BFG(TRX) + 95 BFG(BTC) *Monthly Bonus + Quarterly Bonus
**Do you own a Telegram group? Tell about BetFury in your Telegram group/Channel and earn! **Publish only 3 posts per week in your Group/Channel, that is focused on cryptocurrency, blockchain, gambling, crypto faucets. Posts must remain in the feed until the end of the Bounty campaign. A prerequisite is to make a post about the Bounty every two weeks. You can insert your referral link into the post.
**Awards:** 300+ subscribers: $1 per week in tokens = 35 BFG(TRX) + 35 BFG(BTC) 500+ subscribers: $2 per week in tokens = 65 BFG(TRX) + 65 BFG(BTC) 1 000+ subscribers: $5 per week in tokens = 160 BFG(TRX) + 160 BFG(BTC) 10 000+ subscribers: $15 per week in tokens = 490 BFG(TRX) + 490 BFG(BTC) *Monthly Bonus + Quarterly Bonus

YouTube

https://preview.redd.it/ok2utip2wev51.png?width=1050&format=png&auto=webp&s=a5d5ac1540c7609a88c4f0c6733e1cb185fe05b5
Campaign rules
**Awards are determined according to the quality of the video:** High quality: $100 in tokens = 3 250 BFG(TRX) + 3 250 BFG(BTC) Excellent quality: $50 in tokens = 1,625 BFG(TRX) + 1,625 BFG(BTC) Normal quality: $20 in tokens = 650 BFG(TRX) + 650 BFG(BTC) *Quarterly Bonus

Tik Tok

https://preview.redd.it/k5o6ao35wev51.png?width=1050&format=png&auto=webp&s=89a2a51a80f42fdcecf7e16de8c943c73304640e
  • Shoot and upload a creative video on the topic of “Playing on BetFury is fun”. Use the raccoon Fury as a hero, game elements, gameplay.
  • Video length: min - 15 seconds, max 60 seconds.
  • Posts will only be accepted with special hashtags and mentioning u/betfury.io
  • Presentations and videos in the form of musical performances are accepted. Full Campaign rules and terms of participation here: https://bitcointalk.org/index.php?topic=5283339
**Awards:** 100+ views: $1 in tokens = 35 BFG(TRX) + 35 BFG(BTC) 500+ views: $3 in tokens = 95 BFG(TRX) + 95 BFG(BTC) 1 000+ views: $5 in tokens = 160 BFG(TRX) + 160 BFG(BTC) 5 000+ views: $10 in tokens = 325 BFG(TRX) + 325 BFG(BTC) *Quarterly Bonus

Blog & Article

https://preview.redd.it/m6j6uq77wev51.png?width=1050&format=png&auto=webp&s=d71fbdfff7cd27295e993eb758588ffc7eeaa2c2
  • Subscribe to the official BetFury page at Steemit.
  • Write an article / review / comparison / post about your BetFury experience on one of the selected topics below.
  • The work must be creative, original and unique.
  • You cannot delete your articles during the entire Bounty campaign.
  • Submit your article on Steemit, Reddit, Medium, Bitcointalk, Golos, Quora, or other publicly accessible sites. Full Campaign rules and terms of participation here: https://bitcointalk.org/index.php?topic=5283339
**Awards are determined according to the quality of the video:** Professional quality: $30 in tokens = 975 BFG(TRX) + 975 BFG(BTC) Excellent quality: $15 in tokens = 485 BFG(TRX) + 485 BFG(BTC) Normal quality: $5 in tokens = 160 BFG(TRX) + 160 BFG(BTC) *Quarterly Bonus

Signature

https://preview.redd.it/16tq2ffawev51.png?width=1050&format=png&auto=webp&s=69adb9940c106a5ef2ae9d811c875484f26129a5
  • Newbies cannot participate in the campaign (rank Newbie)
  • Keep our signature and avatar until the end of the campaign.
  • Create at least 15 high quality posts per week. Post length - at least 150 characters.
  • A minimum of 10 posts per week should be written in these sections: Gambling, Mining, Project development, Announcements (Altcoins), Micro Earnings.
  • Spam, trolling, cheating are prohibited.
  • Negative trust accounts are not allowed to participate in the campaign.
  • Copper member rank = Jr. Member rank. Full Campaign rules and terms of participation here: https://bitcointalk.org/index.php?topic=5283339
You can insert your referral link into this part of your signature code and get additional bonuses from participating in the campaign. Instruction
**Awards:** Jr Member: $2 per week in tokens = 75 BFG(TRX) + 75 BFG(BTC) Member: $5 per week in tokens = 165 BFG(TRX) + 165 BFG(BTC) Full Member: $10 per week in tokens = 325 BFG(TRX) + 325 BFG(BTC) Sr Member: $30 per week in tokens = 975 BFG(TRX) + 975 BFG(BTC) Hero and Legendary: $40 per week in tokens = 1300 BFG(TRX) + 1300 BFG(BTC)
The avatar is here. Signatures are here. *Monthly Bonus + Quarterly Bonus
*Topics for YouTube videos, articles / reviews / comparisons / posts:
  • What makes BetFury unique? The main advantages of the platform.
  • Features of mining at BetFury. Opportunities and prospects for BFG token holders.
  • Comparison with other projects in the field of gambling.
  • Acquaintance with the BetFury platform: how to enter, deposit/withdraw, placing bets in In-house games and slots, mining and staking BFG token.
  • Promotional campaigns and contests on BetFury: current events / personal experience of participation / accrual of winnings / withdrawal of funds.
  • BetFury: advantages over traditional games.
  • How does the dividend system and cashback work at BetFury?
  • Games at BetFury:In-house, Slots, Table Games, Live Games.
  • Ability to place bets on BetFury: TRX, USDT, BTT, BFG, SUN, BTC + dividends pools.
  • BetFury benefits: Min bet, Daily tasks, Jackpots, Cashback, Dividends, Rank system.
https://preview.redd.it/62k9m4acwev51.png?width=1050&format=png&auto=webp&s=e9713351d53b13c6a176f37024fd55ae2a41d681
Check *Monthly Bonus & Quarterly Bonus in the rules of each campaign on BitcoinTalk.
There will be enough gifts for everyone! Call your friends and participate together to share the fun of this holiday.
____________________________________________________________________________________________________________
Link to the Website: https://betfury.io Link to the Telegram: http://t.me/betfury Link to the Twitter: https://twitter.com/betfury_io Link to the Telegram Channel: https://t.me/betfuryofficialchannel Link to the Steemit: https://steemit.com/@betfury-steem Link to Facebook: https://www.facebook.com/BetFury.io/ Link to Instagram: https://instagram.com/betfury.io Link to Reddit: https://www.reddit.com/useBetFury_io
submitted by BetFury_io to u/BetFury_io [link] [comments]

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

Why I’m Bullish on Yield Farming Ahead of the Eth 2.0 Launch

Hello everyone! I noticed that the hype around yield farming and DEX protocols kinda died down and that people focus more on NFTs and artwork-based projects like Rarible. I figured it would be great to (shortly) explain why yield farming lost its popularity and why they will have a comeback ahead of the new ETH 2.0 launch.
If you’re not new here, you know how the DeFi market evolved in the past months. We had a surge of yield farming (liquidity providing) platforms that were hyped at the very beginning but lost a majority of their users real fast, sometimes only days after launching.
I believe that most people were disappointed by this sort of mini speculative bubble and the fact that most projects had devs who rug pulled. Combined with the fact that Ethereum had high network congestion at several points in September and October, traders simply decided to prevent further losses and leave this niche place LP once and for all.
Don’t get me wrong, there are still plenty of yield farming projects that people use and it’s not like people stopped token swapping on Uniswap or anything. Ethereum also calmed down a lot now and the average transaction costs only like what, 80 gwei? But still, I think that people are pretty much aware that if another hype cycle started, the very same pattern would repeat again.
My take on this is that yield farming will regain its popularity in December around the time Ethereum 2.0 launches with its first phase and a lot of scaling solutions like Optimistic launch. If everything runs smoothly, we should have the building blocks for resuming the DeFi bull run and turning yield farming stable, rewarding, and popular once more.
Sure, Ethereum is only launching a small network upgrade that will run side-by-side with the original network, so we won’t see any technical changes anytime soon. But I really believe that ETH 2.0, along with other scaling solutions, will bring back trust and show that there is indeed a bright future for blockchain-based technology ahead of us. And in that future, Proof-of-Stake and liquidity providing will be the modern mining equivalent of running a Bitcoin farm in 2011.
One thing that I’m worried about is that enthusiasts, traders, and investors will still fall for the same projects that promise too much and deliver little. We saw numerous projects that were regarded as reputable in the beginning collapse within a week, like SushiSwap. But at the same time, my line of thinking is that projects that focus on development and spend minimal time on marketing will surface to the top in the end.
For example, while everyone was using Uniswap to swap tokens and provide liquidity, I was doing the same exact thing but cheaper on Anyswap. It is kinda funny since people boast that they earned $1200 through the UNI airdrop but I know for a fact that they spent way more on fees. And guess what? I didn’t even break a $100 threshold in the last three months while using Anyswap. I’m not trying to bash Uniswap here, but all I’m saying is that we already have scalable solutions now but people are too scared to introduce new changes in their lives.
I’m not here to market you anything. I just want to show you that even today, in October 2020, you can discover scalable and rewarding projects that simply work. Find any developer team that works all the time and doesn’t have the time to brag and you’ll know you’re on the right road! Last time I checked, the Anyswap team revealed that the average APY return for their yield farming pools ranges between 100% to 900%. When I asked my crypto friends if they know about this, I found that none of them even heard of Anyswap.
DYOR and find out about the project on your own. I promise that reading about Anyswap and the blockchain it’s based on (Fusion) will be worth the time.
submitted by cryptomir to CryptoCurrency [link] [comments]

Proposal: The Sia Foundation

Vision Statement

A common sentiment is brewing online; a shared desire for the internet that might have been. After decades of corporate encroachment, you don't need to be a power user to realize that something has gone very wrong.
In the early days of the internet, the future was bright. In that future, when you sent an instant message, it traveled directly to the recipient. When you needed to pay a friend, you announced a transfer of value to their public key. When an app was missing a feature you wanted, you opened up the source code and implemented it. When you took a picture on your phone, it was immediately encrypted and backed up to storage that you controlled. In that future, people would laugh at the idea of having to authenticate themselves to some corporation before doing these things.
What did we get instead? Rather than a network of human-sized communities, we have a handful of enormous commons, each controlled by a faceless corporate entity. Hey user, want to send a message? You can, but we'll store a copy of it indefinitely, unencrypted, for our preference-learning algorithms to pore over; how else could we slap targeted ads on every piece of content you see? Want to pay a friend? You can—in our Monopoly money. Want a new feature? Submit a request to our Support Center and we'll totally maybe think about it. Want to backup a photo? You can—inside our walled garden, which only we (and the NSA, of course) can access. Just be careful what you share, because merely locking you out of your account and deleting all your data is far from the worst thing we could do.
You rationalize this: "MEGACORP would never do such a thing; it would be bad for business." But we all know, at some level, that this state of affairs, this inversion of power, is not merely "unfortunate" or "suboptimal" – No. It is degrading. Even if MEGACORP were purely benevolent, it is degrading that we must ask its permission to talk to our friends; that we must rely on it to safeguard our treasured memories; that our digital lives are completely beholden to those who seek only to extract value from us.
At the root of this issue is the centralization of data. MEGACORP can surveil you—because your emails and video chats flow through their servers. And MEGACORP can control you—because they hold your data hostage. But centralization is a solution to a technical problem: How can we make the user's data accessible from anywhere in the world, on any device? For a long time, no alternative solution to this problem was forthcoming.
Today, thanks to a confluence of established techniques and recent innovations, we have solved the accessibility problem without resorting to centralization. Hashing, encryption, and erasure encoding got us most of the way, but one barrier remained: incentives. How do you incentivize an anonymous stranger to store your data? Earlier protocols like BitTorrent worked around this limitation by relying on altruism, tit-for-tat requirements, or "points" – in other words, nothing you could pay your electric bill with. Finally, in 2009, a solution appeared: Bitcoin. Not long after, Sia was born.
Cryptography has unleashed the latent power of the internet by enabling interactions between mutually-distrustful parties. Sia harnesses this power to turn the cloud storage market into a proper marketplace, where buyers and sellers can transact directly, with no intermediaries, anywhere in the world. No more silos or walled gardens: your data is encrypted, so it can't be spied on, and it's stored on many servers, so no single entity can hold it hostage. Thanks to projects like Sia, the internet is being re-decentralized.
Sia began its life as a startup, which means it has always been subjected to two competing forces: the ideals of its founders, and the profit motive inherent to all businesses. Its founders have taken great pains to never compromise on the former, but this often threatened the company's financial viability. With the establishment of the Sia Foundation, this tension is resolved. The Foundation, freed of the obligation to generate profit, is a pure embodiment of the ideals from which Sia originally sprung.
The goals and responsibilities of the Foundation are numerous: to maintain core Sia protocols and consensus code; to support developers building on top of Sia and its protocols; to promote Sia and facilitate partnerships in other spheres and communities; to ensure that users can easily acquire and safely store siacoins; to develop network scalability solutions; to implement hardforks and lead the community through them; and much more. In a broader sense, its mission is to commoditize data storage, making it cheap, ubiquitous, and accessible to all, without compromising privacy or performance.
Sia is a perfect example of how we can achieve better living through cryptography. We now begin a new chapter in Sia's history. May our stewardship lead it into a bright future.
 

Overview

Today, we are proposing the creation of the Sia Foundation: a new non-profit entity that builds and supports distributed cloud storage infrastructure, with a specific focus on the Sia storage platform. What follows is an informal overview of the Sia Foundation, covering two major topics: how the Foundation will be funded, and what its funds will be used for.

Organizational Structure

The Sia Foundation will be structured as a non-profit entity incorporated in the United States, likely a 501(c)(3) organization or similar. The actions of the Foundation will be constrained by its charter, which formalizes the specific obligations and overall mission outlined in this document. The charter will be updated on an annual basis to reflect the current goals of the Sia community.
The organization will be operated by a board of directors, initially comprising Luke Champine as President and Eddie Wang as Chairman. Luke Champine will be leaving his position at Nebulous to work at the Foundation full-time, and will seek to divest his shares of Nebulous stock along with other potential conflicts of interest. Neither Luke nor Eddie personally own any siafunds or significant quantities of siacoin.

Funding

The primary source of funding for the Foundation will come from a new block subsidy. Following a hardfork, 30 KS per block will be allocated to the "Foundation Fund," continuing in perpetuity. The existing 30 KS per block miner reward is not affected. Additionally, one year's worth of block subsidies (approximately 1.57 GS) will be allocated to the Fund immediately upon activation of the hardfork.
As detailed below, the Foundation will provably burn any coins that it cannot meaningfully spend. As such, the 30 KS subsidy should be viewed as a maximum. This allows the Foundation to grow alongside Sia without requiring additional hardforks.
The Foundation will not be funded to any degree by the possession or sale of siafunds. Siafunds were originally introduced as a means of incentivizing growth, and we still believe in their effectiveness: a siafund holder wants to increase the amount of storage on Sia as much as possible. While the Foundation obviously wants Sia to succeed, its driving force should be its charter. Deriving significant revenue from siafunds would jeopardize the Foundation's impartiality and focus. Ultimately, we want the Foundation to act in the best interests of Sia, not in growing its own budget.

Responsibilities

The Foundation inherits a great number of responsibilities from Nebulous. Each quarter, the Foundation will publish the progress it has made over the past quarter, and list the responsibilities it intends to prioritize over the coming quarter. This will be accompanied by a financial report, detailing each area of expenditure over the past quarter, and forecasting expenditures for the coming quarter. Below, we summarize some of the myriad responsibilities towards which the Foundation is expected to allocate its resources.

Maintain and enhance core Sia software

Arguably, this is the most important responsibility of the Foundation. At the heart of Sia is its consensus algorithm: regardless of other differences, all Sia software must agree upon the content and rules of the blockchain. It is therefore crucial that the algorithm be stewarded by an entity that is accountable to the community, transparent in its decision-making, and has no profit motive or other conflicts of interest.
Accordingly, Sia’s consensus functionality will no longer be directly maintained by Nebulous. Instead, the Foundation will release and maintain an implementation of a "minimal Sia full node," comprising the Sia consensus algorithm and P2P networking code. The source code will be available in a public repository, and signed binaries will be published for each release.
Other parties may use this code to provide alternative full node software. For example, Nebulous may extend the minimal full node with wallet, renter, and host functionality. The source code of any such implementation may be submitted to the Foundation for review. If the code passes review, the Foundation will provide "endorsement signatures" for the commit hash used and for binaries compiled internally by the Foundation. Specifically, these signatures assert that the Foundation believes the software contains no consensus-breaking changes or other modifications to imported Foundation code. Endorsement signatures and Foundation-compiled binaries may be displayed and distributed by the receiving party, along with an appropriate disclaimer.
A minimal full node is not terribly useful on its own; the wallet, renter, host, and other extensions are what make Sia a proper developer platform. Currently, the only implementations of these extensions are maintained by Nebulous. The Foundation will contract Nebulous to ensure that these extensions continue to receive updates and enhancements. Later on, the Foundation intends to develop its own implementations of these extensions and others. As with the minimal node software, these extensions will be open source and available in public repositories for use by any Sia node software.
With the consensus code now managed by the Foundation, the task of implementing and orchestrating hardforks becomes its responsibility as well. When the Foundation determines that a hardfork is necessary (whether through internal discussion or via community petition), a formal proposal will be drafted and submitted for public review, during which arguments for and against the proposal may be submitted to a public repository. During this time, the hardfork code will be implemented, either by Foundation employees or by external contributors working closely with the Foundation. Once the implementation is finished, final arguments will be heard. The Foundation board will then vote whether to accept or reject the proposal, and announce their decision along with appropriate justification. Assuming the proposal was accepted, the Foundation will announce the block height at which the hardfork will activate, and will subsequently release source code and signed binaries that incorporate the hardfork code.
Regardless of the Foundation's decision, it is the community that ultimately determines whether a fork is accepted or rejected – nothing can change that. Foundation node software will never automatically update, so all forks must be explicitly adopted by users. Furthermore, the Foundation will provide replay and wipeout protection for its hard forks, protecting other chains from unintended or malicious reorgs. Similarly, the Foundation will ensure that any file contracts formed prior to a fork activation will continue to be honored on both chains until they expire.
Finally, the Foundation also intends to pursue scalability solutions for the Sia blockchain. In particular, work has already begun on an implementation of Utreexo, which will greatly reduce the space requirements of fully-validating nodes (allowing a full node to be run on a smartphone) while increasing throughput and decreasing initial sync time. A hardfork implementing Utreexo will be submitted to the community as per the process detailed above.
As this is the most important responsibility of the Foundation, it will receive a significant portion of the Foundation’s budget, primarily in the form of developer salaries and contracting agreements.

Support community services

We intend to allocate 25% of the Foundation Fund towards the community. This allocation will be held and disbursed in the form of siacoins, and will pay for grants, bounties, hackathons, and other community-driven endeavours.
Any community-run service, such as a Skynet portal, explorer or web wallet, may apply to have its costs covered by the Foundation. Upon approval, the Foundation will reimburse expenses incurred by the service, subject to the exact terms agreed to. The intent of these grants is not to provide a source of income, but rather to make such services "break even" for their operators, so that members of the community can enrich the Sia ecosystem without worrying about the impact on their own finances.

Ensure easy acquisition and storage of siacoins

Most users will acquire their siacoins via an exchange. The Foundation will provide support to Sia-compatible exchanges, and pursue relevant integrations at its discretion, such as Coinbase's new Rosetta standard. The Foundation may also release DEX software that enables trading cryptocurrencies without the need for a third party. (The Foundation itself will never operate as a money transmitter.)
Increasingly, users are storing their cryptocurrency on hardware wallets. The Foundation will maintain the existing Ledger Nano S integration, and pursue further integrations at its discretion.
Of course, all hardware wallets must be paired with software running on a computer or smartphone, so the Foundation will also develop and/or maintain client-side wallet software, including both full-node wallets and "lite" wallets. Community-operated wallet services, i.e. web wallets, may be funded via grants.
Like core software maintenance, this responsibility will be funded in the form of developer salaries and contracting agreements.

Protect the ecosystem

When it comes to cryptocurrency security, patching software vulnerabilities is table stakes; there are significant legal and social threats that we must be mindful of as well. As such, the Foundation will earmark a portion of its fund to defend the community from legal action. The Foundation will also safeguard the network from 51% attacks and other threats to network security by implementing softforks and/or hardforks where necessary.
The Foundation also intends to assist in the development of a new FOSS software license, and to solicit legal memos on various Sia-related matters, such as hosting in the United States and the EU.
In a broader sense, the establishment of the Foundation makes the ecosystem more robust by transferring core development to a more neutral entity. Thanks to its funding structure, the Foundation will be immune to various forms of pressure that for-profit companies are susceptible to.

Drive adoption of Sia

Although the overriding goal of the Foundation is to make Sia the best platform it can be, all that work will be in vain if no one uses the platform. There are a number of ways the Foundation can promote Sia and get it into the hands of potential users and developers.
In-person conferences are understandably far less popular now, but the Foundation can sponsor and/or participate in virtual conferences. (In-person conferences may be held in the future, permitting circumstances.) Similarly, the Foundation will provide prizes for hackathons, which may be organized by community members, Nebulous, or the Foundation itself. Lastly, partnerships with other companies in the cryptocurrency space—or the cloud storage space—are a great way to increase awareness of Sia. To handle these responsibilities, one of the early priorities of the Foundation will be to hire a marketing director.

Fund Management

The Foundation Fund will be controlled by a multisig address. Each member of the Foundation's board will control one of the signing keys, with the signature threshold to be determined once the final composition of the board is known. (This threshold may also be increased or decreased if the number of board members changes.) Additionally, one timelocked signing key will be controlled by David Vorick. This key will act as a “dead man’s switch,” to be used in the event of an emergency that prevents Foundation board members from reaching the signature threshold. The timelock ensures that this key cannot be used unless the Foundation fails to sign a transaction for several months.
On the 1st of each month, the Foundation will use its keys to transfer all siacoins in the Fund to two new addresses. The first address will be controlled by a high-security hot wallet, and will receive approximately one month's worth of Foundation expenditures. The second address, receiving the remaining siacoins, will be a modified version of the source address: specifically, it will increase the timelock on David Vorick's signing key by one month. Any other changes to the set of signing keys, such as the arrival or departure of board members, will be incorporated into this address as well.
The Foundation Fund is allocated in SC, but many of the Foundation's expenditures must be paid in USD or other fiat currency. Accordingly, the Foundation will convert, at its discretion, a portion of its monthly withdrawals to fiat currency. We expect this conversion to be primarily facilitated by private "OTC" sales to accredited investors. The Foundation currently has no plans to speculate in cryptocurrency or other assets.
Finally, it is important that the Foundation adds value to the Sia platform well in excess of the inflation introduced by the block subsidy. For this reason, the Foundation intends to provably burn, on a quarterly basis, any coins that it cannot allocate towards any justifiable expense. In other words, coins will be burned whenever doing so provides greater value to the platform than any other use. Furthermore, the Foundation will cap its SC treasury at 5% of the total supply, and will cap its USD treasury at 4 years’ worth of predicted expenses.
 
Addendum: Hardfork Timeline
We would like to see this proposal finalized and accepted by the community no later than September 30th. A new version of siad, implementing the hardfork, will be released no later than October 15th. The hardfork will activate at block 293220, which is expected to occur around 12pm EST on January 1st, 2021.
 
Addendum: Inflation specifics
The total supply of siacoins as of January 1st, 2021 will be approximately 45.243 GS. The initial subsidy of 1.57 GS thus increases the supply by 3.47%, and the total annual inflation in 2021 will be at most 10.4% (if zero coins are burned). In 2022, total annual inflation will be at most 6.28%, and will steadily decrease in subsequent years.
 

Conclusion

We see the establishment of the Foundation as an important step in the maturation of the Sia project. It provides the ecosystem with a sustainable source of funding that can be exclusively directed towards achieving Sia's ambitious goals. Compared to other projects with far deeper pockets, Sia has always punched above its weight; once we're on equal footing, there's no telling what we'll be able to achieve.
Nevertheless, we do not propose this change lightly, and have taken pains to ensure that the Foundation will act in accordance with the ideals that this community shares. It will operate transparently, keep inflation to a minimum, and respect the user's fundamental role in decentralized systems. We hope that everyone in the community will consider this proposal carefully, and look forward to a productive discussion.
submitted by lukechampine to siacoin [link] [comments]

Transcript of how Philip the tyrant admin of the Bitcoin Cash Telegram group called Spoice stupid, an idiot, a parrot among other insults then banned her instead of discussing Bitcoin Cash. That Telegram group is hostile, ABC/IFP shills run and follows the rBitcoin toxic censorship modus operandi.

David B., [18.10.20 01:46]
https://www.reddit.com/btc/comments/jdagi3/whats_up_with_the_bchn_hypocrisy/

David B., [18.10.20 01:47]
Wut x2

J Stodd, [18.10.20 01:49]
[In reply to David B.]
Their words are meaningless. They have no principles. Wish i could comment but bitcoinxio banned me from rbtc and never told me why

David B., [18.10.20 01:59]
These comments are so toxic

Spoice, [18.10.20 01:59]
In reality, the real continuation of Bitcoin as we all know it is what is carried on by BCHN, BU, BCHD and others

Spoice, [18.10.20 02:00]
ABC is changing the rules to something that is not Bitcoin

Spoice, [18.10.20 02:00]
anyone denying those facts is selling you snake oil

Spoice, [18.10.20 02:00]
If Blockstream tried to take some % to their own benefit, we would have never needed BCH in the first place

Spoice, [18.10.20 02:00]
everyone would have rejected them in a second

J Stodd, [18.10.20 02:01]
[In reply to Spoice]
Bitcoin Cash is not Bitcoin to start with, so who cares?

David B., [18.10.20 02:01]
[ Album ]

Spoice, [18.10.20 02:01]
yet we have ABC trying to pull this theft and all those puppets think it's ok

Spoice, [18.10.20 02:01]
JSTodd that's bullshit

David B., [18.10.20 02:01]
Like trying to talk to a core maxi about altcoins

Spoice, [18.10.20 02:01]
Bitcoin Cash is the most Bitcoin out of all Bitcoins

Spoice, [18.10.20 02:01]
it is the continuation of what Satoshi started

David B., [18.10.20 02:02]
Tbh they aren't even toxic

Michael Nunzio, [18.10.20 02:02]
[In reply to Spoice]
If the hash follows then it is Bitcoin Cash. Only if it doesn't is your claim true

J Stodd, [18.10.20 02:03]
[In reply to Spoice]
Bitcoin is Bitcoin. Bitcoin failed to be Peer to Peer Cash, so Bitcoin Cash attempted to fix this by forking Bitcoin and attacking the root of the problem. This does not mean Bitcoin Cash is literally Bitcoin. Adopt a different argument. Sorry if you bought into that bc of Rogers rantings

J Stodd, [18.10.20 02:05]
Bitcoin Cash can replace Bitcoin, and if Bitcoin dies and BCH wins then sure maybe it can take its name from its grave, but they are different products, trying to say Bitcoin stopped being "Bitcoin" and became BCH is a self contradiction.

Jingles, [18.10.20 02:08]
Jstodd's got some good points.

Jingles, [18.10.20 02:08]
He's learnt so much in the last year ☺️

Spoice, [18.10.20 02:08]
"Bitcoin is Bitcoin" is a false statement. BTC is just an instance of Bitcoin. Bitcoin is the set of rules defined in the whitepaper first and foremost, it is peer to peer electronic cash. BTC no longer fits that criteria. Bitcoin Cash meets them. The fork proposed by ABC also fails to meet that criteria. Therefore the continuation of Bitcoin is in whatever BU, BCHN, Flowee and others will continue.

Jingles, [18.10.20 02:09]
What rules were defined in the WP?

Spoice, [18.10.20 02:10]
Let's see which rules aren't: 1) No coinbase tax going to any centralized entity such as ABC 2) No throttling of TX throughput such as BTC

Spoice, [18.10.20 02:10]
therefore they both fail the simple "Is this Bitcoin?" test

Spoice, [18.10.20 02:11]
Finally, Michael, if you think Hash rate defines what Bitcoin is, you should stick to BTC

Jingles, [18.10.20 02:11]
21 million coins isn't in the WP

Jingles, [18.10.20 02:11]
I asked what rules did the WP define.

Spoice, [18.10.20 02:12]
Because BCH failed that criteria since it forked, therefore your point is wrong

Spoice, [18.10.20 02:12]
https://www.metzdowd.com/pipermail/cryptography/2009-January/014994.html

Spoice, [18.10.20 02:12]
The announcement of the white paper included the 21 million limit, close enough

Jingles, [18.10.20 02:12]
HIs announcement isn't the WP

Spoice, [18.10.20 02:12]
show me where Satoshi said that Amaury shoudl tax the chain?

Spoice, [18.10.20 02:12]
Doesn't matter- close enough

Jingles, [18.10.20 02:12]
Bitcoin is the set of rules defined in the whitepaper first and foremost - You

Jingles, [18.10.20 02:13]
My ears pricked up on that comment, so I'm asking you what you meant.

Spoice, [18.10.20 02:13]
Correct. Changing the 21 million hard limit is still more Bitcoin than taxing the Coinbase, yet both will never ever happen. Not to Bitcoin anyway

Jingles, [18.10.20 02:13]
If you meant Satoj's writings pre and post WP then you should be clear about it

Spoice, [18.10.20 02:13]
some bastardized chain might, just not Bitcoin

Jingles, [18.10.20 02:14]
The closest we have to anything to indicate what is "Bitcoiness" is general things like "the longest chain"

Spoice, [18.10.20 02:14]
No, it is never a single thing

David B., [18.10.20 02:15]
REEEE

Jingles, [18.10.20 02:15]
trustless, no single trusted third parties, and rules can change due to incentives via consensus

Spoice, [18.10.20 02:15]
it is a set of common sense and experiment driven and historical relevance and initial parameters and "peer to peer electronic cash" definition indicators

Spoice, [18.10.20 02:15]
never a single thing

Jingles, [18.10.20 02:16]
[In reply to Spoice]
This is like the exact opposite of what you said earlier

Jingles, [18.10.20 02:16]
Bitcoin is defined by the rules in the WP, I mean common sense.

Jingles, [18.10.20 02:16]
🤷‍♂️

Spoice, [18.10.20 02:16]
Nope, the rule set is defined in the white paper should never change, but I never said all rules are defined in the white paper

Jingles, [18.10.20 02:16]
What rules?

Spoice, [18.10.20 02:16]
It is a union

Jingles, [18.10.20 02:17]
What rules are there?

Spoice, [18.10.20 02:17]
Rules in the white paper + what continued to define Bitcoin thereafter

J Stodd, [18.10.20 02:17]
[In reply to Spoice]
> "Bitcoin is Bitcoin is a false statement."
Alas, if we cannot agree on the law of identity, aka A=A, then i dont understand how to hold a conversation with you using logic.
> BTC is an instance of Bitcoin
No, BTC is a ticker used optionally by exchanges. Other common tickers for bitcoin include XBC, XBT, BC (correct me if im wrong on any of these)
> "Bitcoin is a set of rules in the whitepaper"
Super hard to defend this. Theres no mention of a 21M supply cap, no blocksize limit *at all*, and it also says additional rules and incentives can be enforced (implying maybe they should).

Jingles, [18.10.20 02:17]
I go through this with BSVers all the time. We have no spec sheet of rules defining what Bitcoin is from Satoshi.

Spoice, [18.10.20 02:18]
Rules such as what defines a correct block, miners receiving the full incentive of mining it, etc

Jingles, [18.10.20 02:18]
The WP is a highlevel document

Spoice, [18.10.20 02:18]
The WP is a description of a scientific experiment

Spoice, [18.10.20 02:18]
if you want to start your own experiment, be my guest

Jingles, [18.10.20 02:18]
[In reply to Spoice]
Valid tx rules aren't defined in the WP

Spoice, [18.10.20 02:18]
just don't try to call it Bitcoin

Jingles, [18.10.20 02:19]
The word majority is in the WP an awful lot wouldn't you say?

Spoice, [18.10.20 02:19]
Not valid TX rules, but what a proof of work block is and how it diverts the reward to the miner, etc

Jingles, [18.10.20 02:20]
[In reply to Spoice]
and? what about BTC doesn't apply?

Jingles, [18.10.20 02:20]
I'm not arguing for any fork of BCH here.

Spoice, [18.10.20 02:20]
It no longer meets the very title of the white paper experiment, "Peer to peer electronic cash"

Spoice, [18.10.20 02:20]
The BTC instance of the experiment is destined to move away from the very title of the white paper

Jingles, [18.10.20 02:20]
It's electronic, and I use it like cash.

Spoice, [18.10.20 02:20]
that the maintainers even wanted to edit the white paper (Cobra and co) because of this fact

J Stodd, [18.10.20 02:20]
u/Spoice When did BTC stop being Bitcoin in your view? The day Amaury decided to launch the fork, before Segwit happened?
If someone else launched a fork first, they would have been "the real bitcoin"?
This is a game of whoever forks first becomes the real Bitcoin?
What if two people launched a fork at the exact same time, maybe even with identical specs?

Jingles, [18.10.20 02:21]
Where did I go wrong?

Jingles, [18.10.20 02:21]
[In reply to Spoice]
Did they?

Spoice, [18.10.20 02:21]
Doesn't matter if you use it today, its very technical fabric will have to move your transactions to 2nd layers and it will no longer be peer to peer electronic cash on chain

Jingles, [18.10.20 02:21]
peer to peer electronic cash on chain - Not in the wp

Jingles, [18.10.20 02:22]
We have satoj talking about HFT with sidechannels.

Jingles, [18.10.20 02:22]
So what?

Jingles, [18.10.20 02:23]
I think this is a good discussion Phil, nothing disrespectful is being said. I hope this is ok?

Spoice, [18.10.20 02:23]
Doesn't matter, the rule of common sense, which is closer to that title? Increasing a simple variable (Blocksize) to stay on track of the title and experiment, or introduce IOUs and Watchtowers and channels and locked BTC and that whole LN Bastardization? Which is close to the title?

Jingles, [18.10.20 02:23]
No one said that can't happen

Michael Nunzio, [18.10.20 02:24]
[In reply to Spoice]
Congratulations you've made an argument which isn't an argument.

Jingles, [18.10.20 02:25]
The whole thing that was said was the system is based on majority rules, and incentives can be changed. Majority breaks any deadlock.

David B., [18.10.20 02:25]
How to kill a coin 101

Spoice, [18.10.20 02:25]
Logic fails anyone who tries to claim BTC, ABC, BSV or any similar standalone experiments as Bitcoin, because of simple sanity checks and logic checks, often stemming out of common sense - If what you have moves you a single step away from what is otherwise the same old experiment which Satoshi wrote about and unleashed, you're not Bitcoin. If what you have moves you a step closer, it is Bitcoin. and so on and so forth.

Phlip - Not giving away coins, [18.10.20 02:25]
Wow, really fanatical almost religious statements. I guess its Sunday morning.

Jingles, [18.10.20 02:27]
[In reply to Spoice]
There's nothing common about common sense. You point to the WP to make a point, and your point isn't in there.

Spoice, [18.10.20 02:27]
Throttled and you need off-chain IOUs and always-on services to function (BTC) ? Not Bitcoin. Requires permission to be used and could be centrally confiscated on the whim of the organization behind it (BSV)? Not Bitcoin. Premined (Bitcoin Gold, Diamond)? Not Bitcoin. Taxing the miners through Coinbase and changing the incentives which were at play since day 0 (ABC)? Not Bitcoin

Spoice, [18.10.20 02:27]
simple checks really, yet those who are set to benefit will of course be oblivious to these

Phlip - Not giving away coins, [18.10.20 02:28]
This whole “Bitcoin Cash is the true Bitcoin - see whitepaper” is really stupid. It also ignores the history of how Bitcoin Cash came into existence

Jingles, [18.10.20 02:28]
Phillip, remove anyone here that has said Bitcoin Gold was the original Bitcoin immediately

Jingles, [18.10.20 02:28]
^^^^

Jingles, [18.10.20 02:29]
[In reply to Phlip - Not giving away coins]
It falls to pieces the moment it's questioned.

Spoice, [18.10.20 02:29]
It is not about "True" Bitcoin

Spoice, [18.10.20 02:30]
It is about the Bitcoin closest to the experiment which always was

Spoice, [18.10.20 02:30]
I don't care about "True" or not, they all are true

Phlip - Not giving away coins, [18.10.20 02:30]
[In reply to Jingles]
Sorry, I hve stopped reading all the sillyness above. Will reread later

Jingles, [18.10.20 02:30]
[In reply to Phlip - Not giving away coins]
I'm joking around 😂

Spoice, [18.10.20 02:30]
but the rule of entropy says I shouldn't place my money nor effort in experiments which are set to fade eventually, because they have skewed incentives

Phlip - Not giving away coins, [18.10.20 02:31]
[In reply to Spoice]
You get to chose that for yourself but you do not get to dictate it for others

David B., [18.10.20 02:31]
[In reply to Phlip - Not giving away coins]
Don't read it. You will have no braincells left

Spoice, [18.10.20 02:31]
Bitcoin as we know it has a long track record of incentives which work

Spoice, [18.10.20 02:31]
I won't ever dictate it for others

Spoice, [18.10.20 02:31]
I only would dictate it for myself, just like how I never use BTC or BSV today, I won't use ABC tomorrow

Spoice, [18.10.20 02:32]
only because they're new experiments

Spoice, [18.10.20 02:32]
interesting, and I wish them luck

Jingles, [18.10.20 02:32]
"Bitcoin is Bitcoin" is a false statement - Spoice 2020

Spoice, [18.10.20 02:32]
but I would rather stick to the Bitcoin I know

Spoice, [18.10.20 02:32]
that's all

Jingles, [18.10.20 02:32]
I won't ever dictate it for others - Also Spoice
Phlip - Not giving away coins, [18.10.20 02:32]
Bitcoin Cash came with a plan snd goals. They were clearly presented in two presentations that happened before viabtc announced they would mine with ABC software and create a coin and chain named Bitcoin Cash

Spoice, [18.10.20 02:32]
Yes, because he means BTC is Bitcoin, and that's a false statement

Jingles, [18.10.20 02:32]
How is it false?

Spoice, [18.10.20 02:32]
It is an instance of Bitcoin

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:33]
[In reply to Michael Nunzio]
you're looking intimidatingly handsome in your new profile picture

Phlip - Not giving away coins, [18.10.20 02:33]
[In reply to Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ]]
Lol

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:33]
[In reply to J Stodd]
actually a good question

Spoice, [18.10.20 02:34]
Anyway, those are my two cents

Spoice, [18.10.20 02:34]
Everyone is free to choose which experiments to pour their effort on and their money in

Phlip - Not giving away coins, [18.10.20 02:34]
[In reply to Spoice]
You are entitled to your opinion.

Spoice, [18.10.20 02:34]
Andreas is publishing Lightning Network books, I mean

Spoice, [18.10.20 02:34]
So to each his own

Phlip - Not giving away coins, [18.10.20 02:35]
[In reply to Spoice]
Lets leave it at that

Spoice, [18.10.20 02:35]
but Bitcoin as I know it continues with no Tax, and that in my opinion is BCH with no tax

Phlip - Not giving away coins, [18.10.20 02:35]
Ah you had to continue

Phlip - Not giving away coins, [18.10.20 02:36]
Good thing no tax is proposed by anyone
Spoice, [18.10.20 02:35]
Isn't this the Bitcoin Cash telegram?

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:35]
😅

Spoice, [18.10.20 02:36]
If I don't discuss Bitcoin Cash here, where should I?

Spoice, [18.10.20 02:36]
Tax, IFP, call it what you will

Spoice, [18.10.20 02:36]
from my perspective as a user, it's one the same

J Stodd, [18.10.20 02:36]
[In reply to Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ]]
I bet nobody will answer it, either

Phlip - Not giving away coins, [18.10.20 02:37]
[In reply to Spoice]
Apparently btc /s

David B., [18.10.20 02:37]
[In reply to Spoice]
As a user what do you care?

Jingles, [18.10.20 02:37]
Ooh, can I shill the Bitcoin room in here?

Spoice, [18.10.20 02:37]
Nah, I prefer quick responses and chats

Spoice, [18.10.20 02:37]
Reddit is broken

Phlip - Not giving away coins, [18.10.20 02:37]
[In reply to Jingles]
Lol

J Stodd, [18.10.20 02:37]
[In reply to Spoice]
Nobody even pays it, it just comes out of the block reward. The block reward is not sentient, it cannot be stolen from or wronged

Phlip - Not giving away coins, [18.10.20 02:37]
Dont push your luck 😉

Jingles, [18.10.20 02:37]
[ 😀 Sticker ]

Michael Nunzio, [18.10.20 02:38]
[In reply to Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ]]
You too brother. 🙏

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:38]
[In reply to Michael Nunzio]
but mine is the same....i need new ones everyone always calls me fat because of this one

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:38]
literally if i say 1 thing to any troll anywhere first thing they say is "ok fatass"

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:38]
i blame this dumb photographer

Michael Nunzio, [18.10.20 02:38]
[In reply to Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ]]
Don't listen.

Phlip - Not giving away coins, [18.10.20 02:39]
u/spoice maybe write a read.cash article if you really feel you need to educate people

Spoice, [18.10.20 02:39]
David, as a user I believe that each new experiment carries risk with it, why should I take part in a new fork of Bitcoin which has a new set of game-theory rules which doesn't even benefit me, rather it benefits some other entity which will take 5% of any effort or economic activity I produce on this chain? They're also off-loading the risk to me as a usebuildebusiness who choose to join their experiment.

Spoice, [18.10.20 02:40]
Why should I take that risk while the Bitcoin I know and have known for over 10 years worked perfectly for me thus far? (BCH, that is)

Jingles, [18.10.20 02:40]
small fees and empty blocks?

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:41]
It will insure that a centralized group has control over development and they are by decree in the code, it's a literal take over.

Phlip - Not giving away coins, [18.10.20 02:41]
[In reply to Spoice]
“BSV-freeze the protocol - true Bitcoin” sounds like more your thing

David B., [18.10.20 02:41]
[In reply to Spoice]
Better run bitcoin core 0.1

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:41]
Imagine if satoshi keyd his address in the code to be paid out of every block, but instead of paying himself started a company "Bitcoin Dev Co"

Spoice, [18.10.20 02:42]
Not really, BSV kills the incentives I am discussing too

Phlip - Not giving away coins, [18.10.20 02:42]
[In reply to Jingles]
Please stay nice now

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:42]
No one would ever be able to say Bitcoin was Decentralized, Bitcoin Dev Co would get paid directly from the reward.

Jingles, [18.10.20 02:42]
[In reply to Phlip - Not giving away coins]
"BSV: We have all the Bad Idea. On chain"

Spoice, [18.10.20 02:42]
The Nash equilibrium we have tested for the past 10 years will be changed with ABC, it changed with BTC and BSV too

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:42]
"Bad Solutions Verified"

Spoice, [18.10.20 02:42]
that game-theory set of incentives

Spoice, [18.10.20 02:43]
why would I want to take a risk with any of those experiments when I gain 0?

David B., [18.10.20 02:43]
Better run bitcoin core 0.1

Spoice, [18.10.20 02:43]
Nope, you're talking technical freezing of development, that's not what I am addressing

Jingles, [18.10.20 02:43]
[In reply to David B.]
Thats the BTC chain though

Phlip - Not giving away coins, [18.10.20 02:43]
[In reply to Spoice]
O please share with us your background in the subject. Or are you now just parroting others

Spoice, [18.10.20 02:44]
BSV wants to freeze the technical development and they want a stable protocol from an API/development perspective

Spoice, [18.10.20 02:44]
but from an incentive ruleset perspective, they already butchered the equilibrium Bitcoin had

Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ], [18.10.20 02:44]
[In reply to Phlip - Not giving away coins]
That's one of those phrases, when you hear it you know they are just a parrot of someones propaganda. "MUH NASH EQUILIBRIUM!"

David B., [18.10.20 02:44]
Stable = bad?

Jingles, [18.10.20 02:45]
[In reply to Jc Crown [ I DON'T DM PEOPLE - DON'T GIVE ME MONEY! ]]
I love you

Spoice, [18.10.20 02:45]
Philip, for an admin you are ought to be nicer, if you think I am parroting others you're free to think that, but to state it so bluntly in your position is just... wrong

Spoice, [18.10.20 02:46]
If you think the point I made is wrong, discuss it

Phlip - Not giving away coins, [18.10.20 02:46]
[In reply to Jingles]
Maybe talk to him in DM about that?😉

Spoice, [18.10.20 02:46]
not me

Jingles, [18.10.20 02:46]
[In reply to Phlip - Not giving away coins]
working on it.

Phlip - Not giving away coins, [18.10.20 02:46]
[In reply to Spoice]
I ought to be nicer...😂😂😂

Spoice, [18.10.20 02:47]
Also, anyone who studied Bitcoin at length and its set of incentives and game-theory ruleset should know what a Nash Equilibrium is and who the players are in the Bitcoin game

Phlip - Not giving away coins, [18.10.20 02:47]
[In reply to Spoice]
You state as fact. You get to dhow why your statements or opinions are even relevant.

Spoice, [18.10.20 02:48]
If it's not a fact, highlight how

Spoice, [18.10.20 02:48]
don't attack me

Spoice, [18.10.20 02:48]
prove me wrong

Spoice, [18.10.20 02:48]
if you fail that simple debate test

David B., [18.10.20 02:48]
How's that breakfast helping?

Spoice, [18.10.20 02:48]
you should rename from Janitor to Tyrant

Jingles, [18.10.20 02:48]
I'm still waiting to see the defined rules as per the wp

Michael Nunzio, [18.10.20 02:49]
[In reply to Spoice]
Didn't know this was stand up comedy night in here.

Michael Nunzio, [18.10.20 02:49]
I missed the memo

Phlip - Not giving away coins, [18.10.20 02:49]
If I have to prove all idiots on the internet wrong I would have a hard time. You are starting to really waste everybody’s time. You state, you prove. Or you are just generating noise

Phlip - Not giving away coins, [18.10.20 02:50]
[In reply to Spoice]
Be careful now.

Michael Nunzio, [18.10.20 02:50]
Noisy bugger.

Phlip - Not giving away coins, [18.10.20 02:52]
Getting close to just do some cleaning up.

Spoice, [18.10.20 02:52]
If you can't debate technical points I am making about Bitcoin Cash on a Bitcoin Cash Telegram, and within the span of 10 minutes you called me stupid, idiot, noisy and a parrot, you absolutely are a tyrant and I stand by my point: You should not be an admin here, nor anywhere actually. If you think I should be careful for the fear of you banning me, go ahead. You still fail to debate the simplest technical point and yet claim you can "but can't be bothered to". You remind me of that Thermos guy.

Spoice, [18.10.20 02:53]
How do people with 0 technical know how end up in these admin positions is beyond me

Jingles, [18.10.20 02:53]
I challenged your comments and you just changed the goal posts.

Phlip - Not giving away coins, [18.10.20 02:53]
[In reply to Spoice]
Ok. You are not paying me and you are free to create noise elsewhere
submitted by wisequote to btc [link] [comments]

Advice About Bitcoin Transaction Fees (In anticipation of high fees for the next bullrun)

Hi guys, this is my first post here!
Thanks for having me, I interact a lot on Bitcoin and crypto groups on Facebook but I wanted to find new Bitcoin folks and discussions here!
The other day I saw someone complaining about the wait time for a Bitcoin transaction so I wrote a few pieces of advice in regards to Bitcoin transaction fees. I hope this can be useful for some of you!
Here it is:
For those worried about Bitcoin's high transaction fees and transaction wait times right now, you should brace yourself for the upcoming TRUE Bitcoin Bullrun.
Remember that in 2017, at the peak of the bubble, the average transaction fee was up to $ 50 per transaction and some people even paid $ 1000 for single transactions.
This is sure to repeat itself at an unprecedented level as I believe this time around an even bigger wave of people will be buying Bitcoin. Not only investors like you and me, but also big companies who will buy in tens and hundreds of millions.
Here are some tips to mitigate the impact of transaction fees on your use of Bitcoin.

1. Learn How to Use the Mempool.

The mempool is the space where valid Bitcoin transactions are stored while waiting to be included in a validated Bitcoin block. Obviously, miners will select transactions with higher transaction fees to fill up a valid block.
I recommend this mempool explorer which visually represents how full the mempool is and will indicate to you how many satoshi /vbyte you need to apply on your transaction in order for it to be included in your desired timeframe.
Fee estimators in wallets are not ideal and ultimately none of them has found the perfect recipe for proper fee estimation. Selecting the transaction fee manually by consulting the mempool remains the best option to select the fee.
A few tips:

2. Use wallets that support Segwit and RBF (Replace by Fee)

Segwit is an improvement made to Bitcoin in 2017 that redefined the way transactions take space in a block. Just by using a Bitcoin wallet that supports it, you will save between 20-60% in fees depending on the complexity of the transaction.
RBF is a function in wallets that allows you to modify the transaction fees associated with a transaction following its broadcast on the Bitcoin network. So, if your transaction does not go through quickly enough for your liking, you can increase the fee later.
To find out which Bitcoin software wallet supports both features, you can consult this comparison table from Veriphi where they list several dozen wallets here.
Fun fact:
Veriphi also made a case study to find out how many fees could have been saved by Bitcoin users if they had used SEGWIT and the Batching technique in the cases where they apply.

Results

Between 2012 and August 2020, more than 57,817 .69 BITCOINS would have been saved in transaction costs, or approximately 1 billion Canadian Dollars in transaction fees. For those who are interested in the results, check it out more in detail here.

3. Do not leave your coins on a platform (Bonus: Use a immediate delivery platform)

Custodial exchanges often block Bitcoin withdrawals during high transaction volume episodes because they do not want to pay their user's Bitcoin transaction fees. If they don't block it they will often make their user overpay for the transactions fees.
This has happened in the PAST and even quite recently, so if you want to avoid a lot of the frustration and stress when the Bullrun comes, remove your coins from there before it is too late, preferably right now.
Some non-custodial platform in Canada:
veriphi.io
Bullbitcoin.com
I strongly anticipate the increase in transaction fees. Watch out for platforms that haven't implemented transaction optimization techniques yet, they will have the hardest time sending transactions.
Check out this article about the advantages of an immediate delivery platform here.

Conclusion

High Bitcoin transaction fees are inevitable in Bitcoin and even desired because they will one day have to replace the block rewards. This is a demonstration that Bitcoin works and that the world is using it.
By adopting the best practices and the right technologies, you will be able to mitigate your costs and accumulate more Bitcoin in the end.

*Disclaimer: I work at Veriphi.io but didn't want to be too pushy, I hope you appreciate the tips and the provided resources.
Cheers
submitted by SnooSquirrels7507 to BitcoinCA [link] [comments]

Monero Monetary Policy?

Hello, first time poster here.
From what I can tell, there is significantly less entrenched orthodoxy applied to how monero does things compared to other cryptocurrency. Its the only one with ASIC resistance, has a dynamic block size, is willing to contemplate the concept of linear inflation rather than treating it as an unholy abomination, etc.
In general you guys have done a lot better of a job keeping down transaction fees compared to bitcoin, and as a whole are more inclined to plan for monero as an actual medium of exchange rather than a perpetually deflationary get rich scheme.
With that in mind, I have a few questions:
  1. In the event adoption of this cryptocurrency gets large enough that it ends up putting strain on the current dynamic block size status quo, what's the precise point at which you'll change how things operate in order to prevent a centralization crisis from an excessively large blockchain? What sort of exact security issues/etc prevents things like the lightning network from currently being options for this scenario?
  2. While to a large extent price stability comes from a sufficiently deepened pool of liquidity, as has been seen with recent trends in bitcoin's price, one thing I've got to wonder about is if things such as block rewards and transaction fees can be dynamically adjusted, akin to a more democratic central bank if you will, such that monetary tightening and loosening can be done?
A lack of commitment to permanent deflation would obviously hurt monero's market capitalization, but arguably that's not a particularly important metric compared to transaction volume.
https://finance.yahoo.comyahoo-finance/watchlists/crypto-top-volume-24h
Despite basically being a dubiously backed centralized "cryptocurrency", tether still sees a significant amount of transaction volume purely due to its utility as a unit of currency pegged to the US dollar. Now, while I'm sure precise information on monero's own true transaction volume is under-reported due to strong privacy protections in conjunction with low fees, tether does serve as a reminder for how much demand there is for stability.
Obviously its significantly more difficult to do contractionary monetary policy than inflationary, but would something like say, a decentralized dynamic peg work, where holdings of bitcoin/etc are bought and sold by a digital entity controlled by the miners work in order to stabilize monero? I'm just spitballing thoughts here though and I know there might be potential issues related to chain analysis. If you have any other good reasons why this is a bad idea please feel free to let me know. Thanks!
submitted by Roths____ to Monero [link] [comments]

Instacoin UK - Last Chance (up to end of Oct) to get a free £10 worth of Bitcoin (same day) for £100 Bitcoin purchase

Instacoin UK , a popular cryptocurrency exchange, are updating their referral scheme from 1st November 2020. The referral amount will be adjusted to a £5 bonus for any purchase over £50. Currently it is a £10 bonus for any purchase of £100 or over.
Instacoin UK is a website which allows you to purchase Bitcoin with your Visa / MasterCard or via a bank transfer. They have been around a while used by lots of beermoneyuk users already.
Instacoin UK are going to honor the £10 bonus scheme for any new customer signing that sign up and purchase £100 of Bitcoin or over until the end of the month. You get the free £10 worth of Bitcoin immediately after purchase! The whole process (including receiving your £100 back in your bank account) should take less than an hour.
The Process
Sign up via my referral link.
Referral link: https://instacoin.uk/ref?code=54C9787
£10 bonus
Non-refferal link: https://instacoin.uk/
No bonus

Steps:

  1. Sign up with the referral link above
  2. Verify your account (driver's licence, passport or gov issued I.D)
  3. Click buy at the top of the dashboard and select BTC, with a purchase amount of £100
  4. Enter the Bitcoin wallet address you want the money paying to.
  5. Pay using by Visa / MasterCard or bank transfer.
  6. You're done! The £100 of BTC will reach your bitcoin wallet usually within 15 minutes or so.
  7. The £10 bonus you receive in the form of a code in your email after the £100 of BTC is sent. Click the email link, enter the code, provide your wallet address again and you'll receive your £10 of BTC for free :)

Once the £110 worth of Bitcoin is in your wallet you are free to do whatever you want with it. I sent mine to my BlockFi account for savings.
You can also get an additional £10 reward for every person you refer up to the end of the month, after this it is £5! Any referral bonuses are given to you at the end of the month).
Let me know if you have any questions.

UPDATE 24.10.20: There is some confusion about the referral amount as being £5 or £10. InstaCoin UK have confirmed That is you sign up with an exsisting customers link (like mine), and complete a £100 purchase before the end of October, you will receive £10 in free Bitcoin credited to your account.
My Referral link for the free £10: https://instacoin.uk/ref?code=54C9787
UPDATE 28.10.20:
Here is a copy of the email I have just received from InstaCoin. I can verify that the mempool is super busy at the moment:

We have received a number of support tickets regarding the delay in BTC confirmations. Rather than reply to everyone individually we would like to address this issue as a whole and give a quick explanation to all our users about why this is occuring:
Sometimes, for a variety of reasons, there will be a spike in the number of BTC transactions that are waiting to be confirmed. That will cause a delay in confirmation times, and increases the price of fees required for a transaction to be included in a block. You can see the current number of unconfirmed transactions here: https://www.blockchain.com/charts/mempool-count?timespan=1week.
Transaction fees directly influence how long you will have to wait for transactions to confirm. At InstaCoin, we broadcast all our transactions with a Regular fee. This fee is covered on our side. It is usually around 0.0001 BTC or £1. Up until the last few days, there has never been an issue with confirmation times.
With a high priority fee, it is likely that transactions will get confirmed quicker by miners. Currently, we are looking at a 0.001BTC/£10 fee to push through transactions at a normal rate. As you can imagine, this is not an expense InstaCoin can cover and we also believe our users would not want to pay this fee either.
We believe the best solution is the one we are currently employing. The delays are frustrating and we feel that frustration too but the current mempool (waiting room) is unprecedented and we will return back to normal ways soon.
The important takeaway we want our users to have from this is that, from our side, the BTC is sent out instantly to your wallet and usually this would get confirmed in a short space of time. At this moment things are taking a bit longer, but the end-point is that you will 100% receive this BTC eventually.

Also remember to complete your sign up and deposist before the end of the month to be certain of getting the free £10 in Bitcoin.
My sign up link again is: https://instacoin.uk/ref?code=54C9787
Sign up code: 54C9787
If you have any questions just let me know.
submitted by TidyCompetition to beermoneyuk [link] [comments]

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood

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  • ASPIRATION $50 Receive a $50 welcome bonus when you join Aspiration and spend $250. Per Aspiration's terms, please allow up to 16 weeks to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • SoFi Money $50 Receive a $50 welcome bonus when you open a SoFi Money account and fund it with $500 or more. Per SoFi's terms, please allow up to 10 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • CASH APP $5 Get $5 for using Cash App when you sign up and send $5. -Must be a new account. SIGN UP HERE

Cash Back Apps
  • IBOTTA Ibotta is a cash back rewards app you use to make money everytime you shop for groceries, online purchases, and more from your favorite stores and restaurants, like Amazon, Walmart, Home Depot, Adidas, Chilis, and much more. Refer friends and earn $7 when your first one redeems with Ibotta. Download the Ibotta app from Google Play or the App Store and use code ebwghbs when signing up.

  • RAKUTEN Get cash back when you use Rakuten to shop hundreds of your favorite stores online. They offer to pay your cash back reward via PayPal or check. Sign up to Rakuten and use the link below to receive $10 back when you spend $25. Share your Rakuten link and earn $25 for each referral. SIGN UP HERE

  • FETCH REWARDS Fetch Rewards app pays you in gift cards for scanning your grocery receipts. Simply keep your grocery receipts and scan them within the app to earn points to exchange for gift cards. Super easy. Some gift cards include; Amazon, Best Buy, Bed Bath and Beyond, Barnes & Noble, Bass Pro Shops, CVS Pharmacy, Kohl's, Macy's, Lowe's, and a ton more. Download Fetch Rewards app from Google Play or the App Store and enter code G3NUG for a bonus of 2,000 points when you scan your first receipt.

Crypto Apps
  • COINBASE $10 Coinbase is a cryptocurrency wallet that is offering $10 in Bitcoin when you buy or sell $100 worth of cryptocurrency. SIGN UP HERE

  • Crypto. com $50 Crypto is an app for buying, selling and trading cryptocurrencies. They're offering a $50 USD in CRO when you sign up using the link below, complete the KYC verification (the app walks you through it). SIGN UP HERE

Stock Apps
  • BONUS!-FREE STOCK Robin Hood is offering 1 free stock when you open an account and link your bank account, plus 1 free stock per referral who does the same. CLAIM YOUR FREE STOCK HERE
  • Acorns Acorns is designed to help you build wealth over time. Basically, it lets you invest your spare change and set up recurring contributions as small as $5. Open an account with this link and earn $5 SIGN UP HERE
https://preview.redd.it/ofoimvwzd3v51.png?width=1400&format=png&auto=webp&s=5d3e7540e519fca87c560436db78e0ec90365be6
submitted by bbh1nz to Referral [link] [comments]

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood
Sign up for each of these, complete the requirements and earn $237 in free cash bonuses. Be sure to check out the Bonus below for a FREE stock offer.

Banking Apps
  • CHIME BANK $50 Open a Chime Bank account and get a payroll direct deposit of $200 or more within 45 days and receive a $50 bonus. Per Chime's terms please allow up to 2 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • ASPIRATION $50 Receive a $50 welcome bonus when you join Aspiration and spend $250. Per Aspiration's terms, please allow up to 16 weeks to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • SoFi Money $50 Receive a $50 welcome bonus when you open a SoFi Money account and fund it with $500 or more. Per SoFi's terms, please allow up to 10 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • CASH APP $5 Get $5 for using Cash App when you sign up and send $5. -Must be a new account. SIGN UP HERE

Cash Back Apps
  • IBOTTA Ibotta is a cash back rewards app you use to make money everytime you shop for groceries, online purchases, and more from your favorite stores and restaurants, like Amazon, Walmart, Home Depot, Adidas, Chilis, and much more. Refer friends and earn $7 when your first one redeems with Ibotta. Download the Ibotta app from Google Play or the App Store and use code ebwghbs when signing up.

  • RAKUTEN Get cash back when you use Rakuten to shop hundreds of your favorite stores online. They offer to pay your cash back reward via PayPal or check. Sign up to Rakuten and use the link below to receive $10 back when you spend $25. Share your Rakuten link and earn $25 for each referral. SIGN UP HERE

  • FETCH REWARDS Fetch Rewards app pays you in gift cards for scanning your grocery receipts. Simply keep your grocery receipts and scan them within the app to earn points to exchange for gift cards. Super easy. Some gift cards include; Amazon, Best Buy, Bed Bath and Beyond, Barnes & Noble, Bass Pro Shops, CVS Pharmacy, Kohl's, Macy's, Lowe's, and a ton more. Download Fetch Rewards app from Google Play or the App Store and enter code G3NUG for a bonus of 2,000 points when you scan your first receipt.

Crypto Apps
  • COINBASE $10 Coinbase is a cryptocurrency wallet that is offering $10 in Bitcoin when you buy or sell $100 worth of cryptocurrency. SIGN UP HERE

  • Crypto. com $50 Crypto is an app for buying, selling and trading cryptocurrencies. They're offering a $50 USD in CRO when you sign up using the link below, complete the KYC verification (the app walks you through it). SIGN UP HERE

Stock Apps
  • BONUS!-FREE STOCK Robin Hood is offering 1 free stock when you open an account and link your bank account, plus 1 free stock per referral who does the same. CLAIM YOUR FREE STOCK HERE
  • Acorns Acorns is designed to help you build wealth over time. Basically, it lets you invest your spare change and set up recurring contributions as small as $5. Open an account with this link and earn $5 SIGN UP HERE
https://preview.redd.it/hzmdlcucoeu51.png?width=1400&format=png&auto=webp&s=027a321a17e4cb8b1a8d856fb6986594009186c1
submitted by bbh1nz to referralcodes [link] [comments]

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood

Sign up for each of these, complete the requirements and earn $237 in free cash bonuses. Be sure to check out the Bonus below for a FREE stock offer.

Banking Apps




Cash Back Apps



Crypto Apps


Stock Apps
https://preview.redd.it/sbn97v6xgwu51.png?width=1400&format=png&auto=webp&s=73261066cfc084041ea91b90a0106ce84e582b6a
submitted by bbh1nz to PromoCodeShare [link] [comments]

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood
Sign up for each of these, complete the requirements and earn $237 in free cash bonuses. Be sure to check out the Bonus below for a FREE stock offer.

Banking Apps
  • CHIME BANK $50 Open a Chime Bank account and get a payroll direct deposit of $200 or more within 45 days and receive a $50 bonus. Per Chime's terms please allow up to 2 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • ASPIRATION $50 Receive a $50 welcome bonus when you join Aspiration and spend $250. Per Aspiration's terms, please allow up to 16 weeks to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • SoFi Money $50 Receive a $50 welcome bonus when you open a SoFi Money account and fund it with $500 or more. Per SoFi's terms, please allow up to 10 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • CASH APP $5 Get $5 for using Cash App when you sign up and send $5. -Must be a new account. SIGN UP HERE

Cash Back Apps
  • IBOTTA Ibotta is a cash back rewards app you use to make money everytime you shop for groceries, online purchases, and more from your favorite stores and restaurants, like Amazon, Walmart, Home Depot, Adidas, Chilis, and much more. Refer friends and earn $7 when your first one redeems with Ibotta. Download the Ibotta app from Google Play or the App Store and use code ebwghbs when signing up.

  • RAKUTEN Get cash back when you use Rakuten to shop hundreds of your favorite stores online. They offer to pay your cash back reward via PayPal or check. Sign up to Rakuten and use the link below to receive $10 back when you spend $25. Share your Rakuten link and earn $25 for each referral. SIGN UP HERE

  • FETCH REWARDS Fetch Rewards app pays you in gift cards for scanning your grocery receipts. Simply keep your grocery receipts and scan them within the app to earn points to exchange for gift cards. Super easy. Some gift cards include; Amazon, Best Buy, Bed Bath and Beyond, Barnes & Noble, Bass Pro Shops, CVS Pharmacy, Kohl's, Macy's, Lowe's, and a ton more. Download Fetch Rewards app from Google Play or the App Store and enter code G3NUG for a bonus of 2,000 points when you scan your first receipt.

Crypto Apps
  • COINBASE $10 Coinbase is a cryptocurrency wallet that is offering $10 in Bitcoin when you buy or sell $100 worth of cryptocurrency. SIGN UP HERE

  • Crypto. com $50 Crypto is an app for buying, selling and trading cryptocurrencies. They're offering a $50 USD in CRO when you sign up using the link below, complete the KYC verification (the app walks you through it). SIGN UP HERE

Stock Apps
  • BONUS!-FREE STOCK Robin Hood is offering 1 free stock when you open an account and link your bank account, plus 1 free stock per referral who does the same. CLAIM YOUR FREE STOCK HERE
  • Acorns Acorns is designed to help you build wealth over time. Basically, it lets you invest your spare change and set up recurring contributions as small as $5. Open an account with this link and earn $5 SIGN UP HERE
https://preview.redd.it/fnv82dhnhzt51.png?width=1400&format=png&auto=webp&s=aff1d1ffc5a149391790b2429e91bdebca95f3e9
submitted by bbh1nz to referralcodes [link] [comments]

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood
Sign up for each of these, complete the requirements and earn $237 in free cash bonuses. Be sure to check out the Bonus below for a FREE stock offer.

Banking Apps
  • CHIME BANK $50 Open a Chime Bank account and get a payroll direct deposit of $200 or more within 45 days and receive a $50 bonus. Per Chime's terms please allow up to 2 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • ASPIRATION $50 Receive a $50 welcome bonus when you join Aspiration and spend $250. Per Aspiration's terms, please allow up to 16 weeks to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • SoFi Money $50 Receive a $50 welcome bonus when you open a SoFi Money account and fund it with $500 or more. Per SoFi's terms, please allow up to 10 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • CASH APP $5 Get $5 for using Cash App when you sign up and send $5. -Must be a new account. SIGN UP HERE

Cash Back Apps
  • IBOTTA Ibotta is a cash back rewards app you use to make money everytime you shop for groceries, online purchases, and more from your favorite stores and restaurants, like Amazon, Walmart, Home Depot, Adidas, Chilis, and much more. Refer friends and earn $7 when your first one redeems with Ibotta. Download the Ibotta app from Google Play or the App Store and use code ebwghbs when signing up.

  • RAKUTEN Get cash back when you use Rakuten to shop hundreds of your favorite stores online. They offer to pay your cash back reward via PayPal or check. Sign up to Rakuten and use the link below to receive $10 back when you spend $25. Share your Rakuten link and earn $25 for each referral. SIGN UP HERE

  • FETCH REWARDS Fetch Rewards app pays you in gift cards for scanning your grocery receipts. Simply keep your grocery receipts and scan them within the app to earn points to exchange for gift cards. Super easy. Some gift cards include; Amazon, Best Buy, Bed Bath and Beyond, Barnes & Noble, Bass Pro Shops, CVS Pharmacy, Kohl's, Macy's, Lowe's, and a ton more. Download Fetch Rewards app from Google Play or the App Store and enter code G3NUG for a bonus of 2,000 points when you scan your first receipt.

Crypto Apps
  • COINBASE $10 Coinbase is a cryptocurrency wallet that is offering $10 in Bitcoin when you buy or sell $100 worth of cryptocurrency. SIGN UP HERE

  • Crypto. com $50 Crypto is an app for buying, selling and trading cryptocurrencies. They're offering a $50 USD in CRO when you sign up using the link below, complete the KYC verification (the app walks you through it). SIGN UP HERE

Stock Apps
  • BONUS!-FREE STOCK Robin Hood is offering 1 free stock when you open an account and link your bank account, plus 1 free stock per referral who does the same. CLAIM YOUR FREE STOCK HERE
  • Acorns Acorns is designed to help you build wealth over time. Basically, it lets you invest your spare change and set up recurring contributions as small as $5. Open an account with this link and earn $5 SIGN UP HERE
https://preview.redd.it/yfztbhptprt51.png?width=1400&format=png&auto=webp&s=2eab6852481c3ad43813c9f6e87e74b287e1ea55
submitted by bbh1nz to referralcodes [link] [comments]

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood
Sign up for each of these, complete the requirements and earn $237 in free cash bonuses. Be sure to check out the Bonus below for a FREE stock offer.

Banking Apps
  • CHIME BANK $50 Open a Chime Bank account and get a payroll direct deposit of $200 or more within 45 days and receive a $50 bonus. Per Chime's terms please allow up to 2 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • ASPIRATION $50 Receive a $50 welcome bonus when you join Aspiration and spend $250. Per Aspiration's terms, please allow up to 16 weeks to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • SoFi Money $50 Receive a $50 welcome bonus when you open a SoFi Money account and fund it with $500 or more. Per SoFi's terms, please allow up to 10 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • CASH APP $5 Get $5 for using Cash App when you sign up and send $5. -Must be a new account. SIGN UP HERE

Cash Back Apps
  • IBOTTA Ibotta is a cash back rewards app you use to make money everytime you shop for groceries, online purchases, and more from your favorite stores and restaurants, like Amazon, Walmart, Home Depot, Adidas, Chilis, and much more. Refer friends and earn $7 when your first one redeems with Ibotta. Download the Ibotta app from Google Play or the App Store and use code ebwghbs when signing up.

  • RAKUTEN Get cash back when you use Rakuten to shop hundreds of your favorite stores online. They offer to pay your cash back reward via PayPal or check. Sign up to Rakuten and use the link below to receive $10 back when you spend $25. Share your Rakuten link and earn $25 for each referral. SIGN UP HERE

  • FETCH REWARDS Fetch Rewards app pays you in gift cards for scanning your grocery receipts. Simply keep your grocery receipts and scan them within the app to earn points to exchange for gift cards. Super easy. Some gift cards include; Amazon, Best Buy, Bed Bath and Beyond, Barnes & Noble, Bass Pro Shops, CVS Pharmacy, Kohl's, Macy's, Lowe's, and a ton more. Download Fetch Rewards app from Google Play or the App Store and enter code G3NUG for a bonus of 2,000 points when you scan your first receipt.

Crypto Apps
  • COINBASE $10 Coinbase is a cryptocurrency wallet that is offering $10 in Bitcoin when you buy or sell $100 worth of cryptocurrency. SIGN UP HERE

  • Crypto. com $50 Crypto is an app for buying, selling and trading cryptocurrencies. They're offering a $50 USD in CRO when you sign up using the link below, complete the KYC verification (the app walks you through it). SIGN UP HERE

Stock Apps
  • BONUS!-FREE STOCK Robin Hood is offering 1 free stock when you open an account and link your bank account, plus 1 free stock per referral who does the same. CLAIM YOUR FREE STOCK HERE
  • Acorns Acorns is designed to help you build wealth over time. Basically, it lets you invest your spare change and set up recurring contributions as small as $5. Open an account with this link and earn $5 SIGN UP HERE
https://preview.redd.it/q39rwbmu1zt51.png?width=1400&format=png&auto=webp&s=5a670583596af06cbbdc3e0c71d9d760df774b58
submitted by bbh1nz to Referral [link] [comments]

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood

🏦 $237 Easy Cash - Free Banking, Crypto, and Cash Back Apps - Chime, Aspiration, Sofi Money, Cash App, Coinbase, Ibotta, Rakuten, Fetch Rewards, Crypto .com Acorns, and a Bonus FREE Stock From Robinhood
Sign up for each of these, complete the requirements and earn $237 in free cash bonuses. Be sure to check out the Bonus below for a FREE stock offer.

Banking Apps
  • CHIME BANK $50 Open a Chime Bank account and get a payroll direct deposit of $200 or more within 45 days and receive a $50 bonus. Per Chime's terms please allow up to 2 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • ASPIRATION $50 Receive a $50 welcome bonus when you join Aspiration and spend $250. Per Aspiration's terms, please allow up to 16 weeks to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • SoFi Money $50 Receive a $50 welcome bonus when you open a SoFi Money account and fund it with $500 or more. Per SoFi's terms, please allow up to 10 days to receive the bonus after the prerequisites are completed. SIGN UP HERE

  • CASH APP $5 Get $5 for using Cash App when you sign up and send $5. -Must be a new account. SIGN UP HERE

Cash Back Apps
  • IBOTTA Ibotta is a cash back rewards app you use to make money everytime you shop for groceries, online purchases, and more from your favorite stores and restaurants, like Amazon, Walmart, Home Depot, Adidas, Chilis, and much more. Refer friends and earn $7 when your first one redeems with Ibotta. Download the Ibotta app from Google Play or the App Store and use code ebwghbs when signing up.

  • RAKUTEN Get cash back when you use Rakuten to shop hundreds of your favorite stores online. They offer to pay your cash back reward via PayPal or check. Sign up to Rakuten and use the link below to receive $10 back when you spend $25. Share your Rakuten link and earn $25 for each referral. SIGN UP HERE

  • FETCH REWARDS Fetch Rewards app pays you in gift cards for scanning your grocery receipts. Simply keep your grocery receipts and scan them within the app to earn points to exchange for gift cards. Super easy. Some gift cards include; Amazon, Best Buy, Bed Bath and Beyond, Barnes & Noble, Bass Pro Shops, CVS Pharmacy, Kohl's, Macy's, Lowe's, and a ton more. Download Fetch Rewards app from Google Play or the App Store and enter code G3NUG for a bonus of 2,000 points when you scan your first receipt.

Crypto Apps
  • COINBASE $10 Coinbase is a cryptocurrency wallet that is offering $10 in Bitcoin when you buy or sell $100 worth of cryptocurrency. SIGN UP HERE

  • Crypto. com $50 Crypto is an app for buying, selling and trading cryptocurrencies. They're offering a $50 USD in CRO when you sign up using the link below, complete the KYC verification (the app walks you through it). SIGN UP HERE

Stock Apps
  • BONUS!-FREE STOCK Robin Hood is offering 1 free stock when you open an account and link your bank account, plus 1 free stock per referral who does the same. CLAIM YOUR FREE STOCK HERE
  • Acorns Acorns is designed to help you build wealth over time. Basically, it lets you invest your spare change and set up recurring contributions as small as $5. Open an account with this link and earn $5 SIGN UP HERE
https://preview.redd.it/dlew34mxvjt51.png?width=1400&format=png&auto=webp&s=b4fc63d9fb72c2d0f725b0d6f9ba10253c9f9b64
submitted by bbh1nz to referralcodes [link] [comments]

Monthly Update: Parachute Social Liquidity Pools, Ivan(OnTech) Joins as Advisor, Townhall, Trending on CoinGecko, Covered by EllioTrades Crypto + Altcoin Buzz, …– 31 Jul – 3 Sept'20

Monthly Update: Parachute Social Liquidity Pools, Ivan(OnTech) Joins as Advisor, Townhall, Trending on CoinGecko, Covered by EllioTrades Crypto + Altcoin Buzz, …– 31 Jul – 3 Sept'20
Hola folks! Yesterday we got caught up with everything that happened in July 2020 at Parachute and ParJar. Today, I will be sharing news from August. Looking back at those five weeks, they were easily one of the most action-packed ones in the Parachuteverse ever. If you missed my note about the new format from yesterday: “…I thought it would be best to club all the Parachute news into monthly reports and publish them back-to-back over the next few days to catch up with the latest…For a change, we will be focusing on Parachute + ParJar news alone in these monthly reports. Because if we include news from our partner project in these, we might as well publish the Encyclopaedia Britannica”. In case you thought yesterday’s was a long read, boy are you in for a shock today. Make sure to get yourself a beverage and set aside an hour to go through all that will follow. So here’s goes the Parachute scrolls dating 31-Jul-20 to 3-Sept-20 –
31 Jul – 6 Aug'20:
$PAR became one of the top trending coins on CoinGecko this week. The token also received a perfect score on DEXTools. Pretty sweet! We crossed 2500 members in the Parachute channel after quite a while. But no sign of Ron yet. Haha. BrainiacChess Network ($CHESS) was added to ParJar. We got a surprise listing on Hotbit ourselves with an ETH and BTC pairing. $PAR was listed on CoinW exchange this week too. More details here. Looks like wrapping up a day at Parachute usually ends with steaks. If you ever thought otherwise, a look at the $PAR contract should dispel that doubt. A community vote was opened up to list the next token on ParJar. Congratulations to Chirag for winning this week’s Parena and taking home 6k+ $PAR. Neat! Everybody knows about the bitcoin pizza. But did you know about the bitcoin burger? Read all about AlBundy185's crazy BTC journey here. What a wild ride indeed!
AlBundy185’s BTC ride has to be a stuff of legends
Pic of Gian with Diamond Dallas Page taken from his epic WCW Thunder story (https://t.me/parachutetokengroup/395125). Spooky sent us!
Gian announced a temporary stoppage of Two-for-Tuesday to make way for the second annual Big Brother contest. Soon after, he opened up entries for the contest. Woot! Fans can also get updates and spoilers from the GC’s BB group. Gamer Boy hosted a “Random Gk” trivia in TTR this week. Naj hosted a Sunday “Mega Trivia”. Afful held a “General knowledge” trivia as well. Sebastian shared the new ParJar Gaming schedule for August. Yes, you read that right. 75k $PAR in the monthly prize pool. Woot! For this week's Friday creative prompt (#nottodaycovid) by Jason, Parachuters talked "about what you are doing to keep yourself sane during the pandemic" for some cool $PAR.
Alejandro’s betta fish collection is a sight for sore eyes
Elmar, these are all amazing!
Model ships made by Bada during the lockdown. Awesome!
Ivan (from Ivan on Tech) joined the Parachute channel this week. Looks like next few weeks are going to be super exciting! Doc Vic hosted a flash game in the Parachute War Zone for some cool $PAR prizes. Mario had an interesting idea. Change the ParJar display name to “ParJar Wallet” to actually reflect the true nature of ParJar. And voila! “ParJar” is now “ParJar Wallet”. Instant feedback implementation! We also finally got an unofficial price chatter group running. As we mentioned in the last update, Clinton released a limited edition shirt in the Parachute Store this week to commemorate the Liquidity Program on Uniswap. Some of the Parena merch had to be sunsetted from the store though. So if you grabbed some before that, you are now the proud owner of rare Parena merchandise. James from the Parachute Athletics and Running Club announced a Secret Challenge for 400 $PAR. Cap shared a sneak peek into what’s brewing behind the scenes. He also posted some experimental visuals for the website and for ParJar:
Cap’s creative spurts are super trippy! Pt. I
Trippy creatives from Cap Pt. II
7 Aug – 13 Aug'20:
ParJar did some heavy lifting on behalf of Uniswap this week when Uniswap got clogged but ParJar swaps were running smoothly. If you haven’t seen how swaps work yet, CF made another cool video tutorial. Following last week’s community vote, Enjin ($ENJ) won a spot to become the next swappable token on ParJar. DMM DAO’s $DMG token was listed on ParJar as well. Inputs from the community were taken for listing the next DeFi token on ParJar. A new tier was added for the Parachute Uniswap Liquidity Rewards Program this week. Last week’s incredible Parachute run on CoinGecko was noticed by many including DAO Maker and Blockfyre. We got word that Parachute was featured in Ivan’s (Ivan on Tech) private report meant for his closed group of subscribers. Word on the street is that Parachute was reviewed in detail in the Hidden Gems section of the report and received the highest score among all the projects covered there. Super cool! He also talked about Parachute in his latest video. Watch out for timestamps 42:23 and 47:48. And followed it up with another mention in next day’s video as well. Pretty cool! $PAR also saw some crazy movements and activity. And all this started while Cap was chilling on an Amtrack on his way to Vermont. Haha.
Cap shared this amazing view from Vermont
Check out the Sentivate gear in the Parachute shop. For this week's creative prompt (#donkeyart), Jason had Parachuters "find an image of a piece of art that particularly moved" them and explain how and why. Darren’s Mega Friday Trivia in Tiproom had a sweet 6300 $PAR prize pot. Peace Love (Yanni) hosted another quiz in TTR with some more cool $PAR prizes. Clinton’s charity For Living Independence (FLI) became Lumenthropy’s spotlight charity this week which means they will be matching all $XLM donations to FLI. Lumenthropy is Stellar’s charitable arm. The entries to Gian's Big Brother Contest closed this week with Gian starting to share updates on episodes and $PAR rewards to weekly winners. If you want to catch all the action, head over to the BB Group set up by GC. And the most amazing thing happened this week – As new folks were joining into the Parachute group, someone named Ender Wiggin chimed into the chatter and as we talked we figured that he was not only Cap's neighbour in NYC but was also my school senior. Parachute truly brings the world together! PARs & Recreation wants to create a Parachute foodies group. And if his posts are anything to go by (figs, blueberries, Ikura), it’s going to be a hunger-inducing channel. Doc Vic (from Cuba) announced the start of a team Deathmatch tournament in the Parachute War Zone.
Congratulations, Clinton!
Looks like an epic ParJar video is underway. Parachute was also covered extensively by EllioTrades Crypto this week. YouTuber CM TopDog too made an awesome video on Parachute where he talked at length about the project, the roadmap, the token and more. Saweet! After seeing Albundy185 struggle with pooling on Uniswap, Cap and Ice had a light bulb moment for an entirely new feature on ParJar that would make pooling social and fun. More details to be released over the next few weeks.
Jose’s epic new gif puts Cap’s lightbulb moment about social pools into perspective :D
Looks like Alexis’ neighbour is into Uniswap pools as well. Get it, get it? Haha
Congratulations on the new store, Hang! Folks who don't know, Hang is building a hempire. World domination next
14 Aug – 20 Aug'20:
As mentioned last week, Cap and crew had something cool brewing for folks who pool assets on Uniswap. Presenting Social Liquidity Pools (SLP) by Parachute. No more pooling/staking alone in silos. Get together with others doing what you love most – pool assets on Uniswap (either directly or through ParJar - upcoming), then stake the received liquidity tokens into SLPs on ParJar to get additional rewards and social bonuses like entry into VIP or premium token curated groups. Making Uniswap social! Click here to read about what’s next for ParJar and Parachute. The first Uniswap $PAR Liquidity Pool Rewards Program came to a close. All qualified poolers will receive their rewards in 2 months. DeFi superstar yearn.finance ($YFI) was added to ParJar this week for both sends/tips and swaps. Woohoo! Waifu in the house. After last week’s community inputs regarding the next new token on ParJar, a public vote was started. Uptrennd founder Jeff Kirdeikis’ latest project, TrustSwap ($SWAP), got listed on ParJar after winning that vote which got a shoutout from Ivan as well. So now we have a tongue twister on our hands. Haha. Cap also shared the first hints about $PAR governance. More details to be posted next week. Plus, Cap announced that he will be hosting a townhall next week. Stay tuned! Get your questionnaire ready. Like last week, Parachute chatter popped up in Ivan’s latest video this week as well.
Dang! What an amazing place, Victor
For all the mobile gamers out there, Tony set up a Parachute Corporation for the EVE Echoes game. Hit him up if you want to join. Naj hosted a Sunday TTR trivia with a 6300 $PAR prize pot. Gamer Boy held one as well. Darren’s Mega Trivia in Tiproom was super fun as always. Jason did an impromptu token giveaway so that fellow collectors could complete their ParJar collection followed by a mini contest to "guess the closest to the number of miles I am about to run" for some cool $PAR. Chris hosted this week’s creative Friday prompt (#adminfunday): “Using the profile image of any Parachute admin as inspiration, draw what you think that admin would like to do on the weekend”. And what an amazing video Hans (Pad of DeFi Chad). Haha! Super hilarious and fun.
Some of the radest #adminfunday entries. Clockwise from top left: Skittish, TyReal, Staph It!!, Yosma, Ik Now, Jeff, Chica Cuba, Jhang, Kuuraku
21 Aug – 27 Aug'20:
Ivan (from Ivan On Tech) joined Parachute as an advisor. Woot! Welcome to the Parachute fam. Here’s a sneak peek into what the first day discussions with Ivan as an advisor revolved around. The project got featured in France’s largest crypto news platform, Journal du Coin. Noice! Click here for the English translated version. As mentioned earlier, Cap hosted a townhall this week. If you missed it, you can catch up here. He also shared a rough draft snapshot of “how the governance and fee distribution contracts could look for ParJar Wallet”. Plus, some updates from this week and a big picture view at what staking liquidity through ParJar could look like. Parachute also got mentioned in another of Ivan’s videos this week.
Snapshot from the Parachute Townhall
In partnership with Sentivate, ParJar distributed $SNTVT tokens this week to 1500 people of whom 800 were new users. Sentivate hosted this drop for members of a specific group as a token of appreciation for their support. Reminiscent of the AMGO drop, this was a precursor of “how PAR drops + other token drops could work for our Social Liquidity pooling”. The $PAR Governance whitepaper was released and initial brainstorming started in the tokenomics group. Cap was also interviewed by YouTuber Money Party (@Edward_F) this week to talk at length about where we are at and where we are heading. We also received a super duper shoutout from CryptoTube in his latest video where he did a deep dive into ParJar and Parachute. Thanks a ton! Cryptovator did a cool feature on the project as well.
Cap added more changes to the site to show: \"ParJar wallet in action along with…the integrations\" + Big Picture
In this week's creative contest, Jason put up a #writingprompt: "...imagine you are a brand new intern at my new mega corporation...Today is your first day and you are told you need to present something about crypto to upper management...all you know is Bitcoin is a thing and some vague information about it. Pick a coin or general crypto subject and write a short story...None of the facts or material can be correct in your presentation...". Haha! After helping fellow Parachuters with their ParJar collection last week, Jason set up a collector’s group this week. If you have more than 30 of the coins/tokens listed on ParJar in your @parjar_bot collection already, send Jason a PM and he will get you in. Victor hosted a “Big Trivia” in TTR this week for 6300 $PAR in prizes. Afful held a quiz in Tiproom on “General Knowledge” as well. Check out these wicked new shorts in the Parachute Store based on Jose’s gif.
Epic stuff, Jose! Haha
Nice haul from the Parachute Beer Exchange, CF! Markus did you a solid
Boldman Stachs pointed out that $PAR had the highest Galaxy Score on social media analytics platform LunarCRUSH this week. Pretty neat! CF took note. And like Cap mentioned, it has mostly been thanks to him. Haha. And big up to Jesús (@JALBARRAN02) for making a ParJar guide video for our Spanish crew. You rock! Interesting results from the DeFi survey: majority of crypto folks are still DeFi-curious. A new community vote was thrown open for listing the next DeFi token on ParJar. Anyone who's been around a bit already knows that Clinton does some amazing work at his charity, For Living Independence, which creates assistive technology for disabled individuals. This week he shared some snaps of a build which now enables a lady in a wheelchair get upstairs in her home.
This is so wholesome, Clinton! Thank you for doing what you do.
28 Aug – 3 Sep'20:
ParJar was featured in Altcoin Buzz’s latest video. Noice! Click here and here to read some recent updates from Cap. After winning last week’s vote, Akropolis ($AKRO) became the latest token to be listed on ParJar. Woot! bZx crew gave some serious competition too. So we had to get them on ParJar as well. $BZRX was listed this week right after $AKRO. $PAR now has 7k on-chain HODLers. Saweet! Sentivate will be our first partner project to have a Social Liquidity Pool on ParJar. This is amazing! Time for another community vote to get a new project listed on ParJar – this time it is DeFi Pie v/s Ren v/s Proxi DeFi v/s Others. If you’ve missed all the latest Parachute-related videos, we have your back. Check this tweet thread to catch up. Naj hosted a Saturday Tiproom Trivia for 6300 $PAR in prizes. Congratulations to Maria for winning the latest Parena. 8k $PAR in the bag. Woohoo! And congo rats to Yanni as well for winning a special edition shirt from the Parachute store. Gamer Boy’s Big Trivia in TTR saw a ton of participation as always. The Parachute Fantasy Football contest is back! Chris set up the entry rules this week.
CF has done wonders for Parachute’s social metrics: “..+500% in our fi(r)st marketing month..”
Whew, what a month! And with that we close for August 2020 @ Parachute/ParJar. See you again with one more epic monthly update tomorrow. Cheerio!
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