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The biggest irony of the delisting is the attention they bring to the original Bitcoin (SV) by delisting it. The daily online users in this sub are rising again, as well as the amount of subscribers. A war is not won or lost in a single battle. The currencies with long term potential will stay.
"By the time cryptotards finally realise it doesn't matter if Craig Wright is Satoshi or not, Bitcoin (BSV) will be recognised as the most exciting cryptocurrency with the biggest on-chain economy of all crypto with most users, and ironically only then will CSW reveal himself as Satoshi" /u/jim-btc
Germany's biggest bitcoin exchange Bitcoin Deutschland AG (aka Bitcoin.de) surrenders sensible user data over to the police w/o the court order that would force them to do so. [Google Translate from German]
Today BTC price dropped 6% due to $30M of blacklisted tethers. When the whole tether scam blows up, we will see the biggest crash since Mt Gox. Theory: BTC users wont be able to send TXs due to congested blocks. It will be a huge blow. BCH may come to rise after the debacle as the true Bitcoin.
BTC will be unusable during this next Mt. Gox-level catastrophe. 1MB blocks will be a huge blow to BTC during this time. All coins will crash, in response. But at least coins like BCH will still be able to process transactions. This will prove invaluable and people will see the stark difference between a network (BTC) that is more ground to a halt than we've ever seen before, and a usable network (BCH).
The biggest threat to Bitcoin is Blockstream President Adam "Phd" Back. He never understood Bitcoin, but he wants to control it and radically change it. It is time for Bitcoin users, developers and miners to reject his dangerous ideas and his attempts to centrally control our community and our code.
Here is a long comment to Adam Back (from 1 month ago) going into detail about his dangerous lack of understanding of Bitcoin, markets, and economics:
... Taking our code back from you may actually be the most important "day job" some of us will ever have. ...
https://np.reddit.com/btc/comments/44qr31/gregory_maxwell_unullc_has_evidently_never_heard/czsthhg?context=1 And here is a timeline recently posted by todu showing Adam Back's long history of misunderstanding Bitcoin, and his tendency to exaggerate his contributions to it: https://np.reddit.com/btc/comments/4cxpt3/slush_pool_on_twitter_want_to_meet_special/d1mjxpp To many casual observers, Adam Back might initially sound like a nice harmless smart mathematician PhD nerd who wants to "help" Bitcoin. But if you look a little closer, you realize that Adam is actually the biggest threat to Bitcoin: a math PhD who knows nothing about economics but who thinks he's smarter than everyone else in Bitcoin, and who has been desperately trying to impose his personal ideas to centrally control the Bitcoin community and radically change the Bitcoin codebase. If he didn't have $76 million behind him as President of Blockstream, nobody would be listening to this fool - because he does not understand Bitcoin now, and he never understood it in the past, and his crazy proposals to radically change Bitcoin would be dangerous if they ever were implemented. Fortunately, he has committed zero lines of code to Bitcoin so far: https://github.com/adam3us But unfortunately, he has been using his prestige and wealth as President of the $76 million company Blockstream to fly around the world (to Hong Kong, and now to Prague), preaching his crazy idea that the "maximum blocksize" should be artificially constrained to 1 MB. This would hurt Bitcoin users and miners - but it would help his company Blockstream, which wants to sell a non-existent, complicated, unproven, centralized, off-chain "scaling solution" called "Lightning Network". He is using his position as President of Blockstream to obstruct simple and safe on-chain scaling solutions for Bitcoin, trying to prevent increasing the "maximum blocksize" beyond 1 MB - even though the network is dangerously close to becoming congested and recent studies have shown that 90% of nodes would support 4 MB blocks. Instead of supporting a simple and safe increase in the "maximum blocksize" to avoid congestion, he is now using Twitter to casually propose an shockingly unprecedented and radical change to Bitcoin's fundamental "difficulty algorithm" - to try to solve this problem which he himself created (network congestion due to artificially small blocks):
Adam PHD Back on Twitter: "Halvening: if miners were concerned they can softfork difficulty down 50% pre and release at halvening. Harmless just speeds blocks for week" - facepalm.jpg
https://np.reddit.com/btc/comments/4dc4rs/adam_phd_back_on_twitter_halvening_if_miners_were/ More and more people are starting to realize that Adam Back did not understand Bitcoin years ago (when Satoshi personally explained it to him) and does not understand it now (when he is making a dangerous proposal to radically change Bitcoin's fundamental "difficulty algorithm" via a soft-fork). He always prefers radical, dangerous "solutions" (soft-forking a change to the difficulty level) instead of simple, safe ones (simply increasing the "maximum blocksize"). It is time for Bitcoin users, developers and miners to reject Adam Back's dangerous ideas and his attempts to centrally control our community and radically change our code.
The biggest irony of the delisting is the attention they bring to the original Bitcoin (SV) by delisting it. The daily online users in this sub are rising again, as well as the amount of subscribers. A war is not won or lost in a single battle. The currencies with long term pote /r/bitcoincashSV
01-31 23:12 - 'Biggest Canadian exchange: "attempting to locate and secure our very significant crypto currency reserves held in cold wallets..."' (i.redd.it) by /u/USER_citizenfive removed from /r/Bitcoin within 34-44min
World’s Biggest Bitcoin and Crypto Derivatives Exchange Widens Crackdown on US and Canadian Users https://goo.gl/yocHgM - Crypto Dynamic Info - Whales's
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Bitcoin is serving as a refuge for much of the rest of the cryptocurrency market. ... Bitcoin Turns Crypto Haven as Biggest Exchange Plans to Restrict U.S. Users By . Vildana Hajric. and . He was once paid over $200,000 in Bitcoin by the Bitcoin Foundation for his contributions. He had already cashed out multiple times. 7. Roger Ver. Roger Ver, otherwise known as Bitcoin Jesus, is one of the first Bitcoin billionaires and believed to hold or held at least 100,000 bitcoins. The renowned libertarian allegedly dropped out of college ... The most popular bitcoin wallet and exchange provider, Coinbase, reportedly has over 13 million users, which would suggest that the number of bitcoin users is somewhere between 13 million and 42 million. Given that Coinbase is available in 32 countries and that it has emerged as the go-to bitcoin wallet for newcomers, its user base number gives ... The names might surprise you. While Bitcoins allows for anonymity, using strings of letters and numbers to identify sources of transactions, certain people have publicly revealed that they’re enthusiastic users. Here are the people with the biggest known stakes in Bitcoin. The Winklevoss Twins The first, CopyTrader, allows users to match top traders automatically, and is perfect for those users who are unsure about what cryptos to invest in. Over time, and by monitoring the top traders’ strategies, eToro clients can build up their trading experience and confidence. ... Bitcoin Price Bitcoin Just Saw Its Biggest Breakout Ever, and ...
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