BTCC's Bobby Lee: Bitcoin Price at $60,000+ USD by Next ...

Bobby Lee on Twitter - $BTC prices are at almost 3 ounces of #Gold. Eventually, price of 1 #Bitcoin will be compared to 1 kilogram of gold! We are 8.7% [of the way] there now.

Bobby Lee on Twitter - $BTC prices are at almost 3 ounces of #Gold. Eventually, price of 1 #Bitcoin will be compared to 1 kilogram of gold! We are 8.7% [of the way] there now. submitted by BitcoinBoffin to Bitcoin [link] [comments]

Bobby Lee on Twitter - $BTC prices are at almost 3 ounces of #Gold. Eventually, price of 1 #Bitcoin will be compared to 1 kilogram of gold! We are 8.7% [of the way] there now.

Bobby Lee on Twitter - $BTC prices are at almost 3 ounces of #Gold. Eventually, price of 1 #Bitcoin will be compared to 1 kilogram of gold! We are 8.7% [of the way] there now. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bobby Lee AMA

Hello Bitcoin
Bobby Lee will be answering questions here on Sunday, April 12, at 5PM PST.
Bobby is the Founder and CEO of Ballet, a new company that makes physical, non-electronic cryptocurrency wallets designed for the mainstream market (https://www.balletcrypto.com). Many of you know him as the co-founder and former CEO of China's first Bitcoin exchange, BTC China, which he sold in 2018, and physical bitcoin maker BTCC Mint. Bobby was ranked #20 on the CoinTelegraph 2020 list of most influential people in crypto/blockchain (https://cointelegraph.com/top-people-in-crypto-and-blockchain/bobby-lee).
Please submit your questions now and vote for the ones you want to be answered. The top five questions will get a free Ballet wallet loaded with 0.01 BTC.
Some suggested topics of discussion are:
- the effect of the global pandemic on Bitcoin
- the Bitcoin halving and price predictions
- his new startup (Ballet) and its mission to promote global mainstream adoption of Bitcoin
- technical details of Ballet wallets and response to common criticisms
- anything else you want to talk about
Verification: https://twitter.com/bobbyclee/status/1248726901415264256
submitted by BalletCrypto to Bitcoin [link] [comments]

Opinions of 12 cryptocurrency experts on Bitcoin price after halving 2020

Opinions of 12 cryptocurrency experts on Bitcoin price after halving 2020
In May 2020, a landmark for the cryptocurrency market will take place — the third bitcoin halving. Let's see what predictions about the price of BTC are made by reputable analysts and traders.

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1. Tom Lee aka 'Crypto Bull' aka 'Bitcoin Bull'

This American analyst, co-founder of Fundstrat and exchange expert from Wall Street, was one of the first to see the potential in the blockchain and Bitcoin. He believes that the offer of BTS after halving will be reduced, which will lead to a “bull run” and an increase in the price of BTS to $ 40 thousand during the year.

2. Scott Melker

The TexasWest Capital crypto trader, analyst, and author of Cointelegraph, is restrained in his predictions. He explores the relationship between the cryptocurrency market and traditional markets. Melker advises everyone who believes in a significant price increase to be careful: if you buy, do it little by little.
He does not speak directly about the change in the price of Bitcoin after a halving. But in one of his foggy tweets, written at the end of April, he says that he bought some more BTC.

3. Tone Vays

An analyst who does not recognize any cryptocurrencies other than Bitcoin. Previously, he spoke restrained about a slight increase in BTC price 6 months before the halving.
Overall, Tone Vays is known for his balanced approach. He admits an increase in the price in the long term to $100 thousand but does not deny the rollback of the course in the short term. In his new stream, he noted that in order to forecast further price increases, it is necessary for BTC to overcome the $9 thousand mark in the short term. However, he does not particularly rely on this, since there is a strong market resistance at the level of $8 thousand.

4. Nicholas Merten

This strategic analyst also predicts the BTC price increase. He sees a steady “bullish momentum” and a methodical price movement to the above-mentioned mark of $9 thousand. Moreover, he recalls the volatility of the course. After the halving, Merten expects a small change in positions, a possible delay in prices at the level of $ 7-7.5 thousand, but the growth trend will remain.

5. Bobby Lee

Co-founder of BTCChina — the first cryptocurrency exchange in China, and a member of the board of directors of the Bitcoin Foundation. In April 2020, he was interviewed by the Cointelegraph. He predicts a price increase in May to $10 thousand, and by the end of the year — to a record high of $25 thousand. According to Lee, investors prefer to protect assets through the purchase of Bitcoin, which increases the price. Earlier, Bobby Lee suggested that by 2028, Bitcoin will cost $500 thousand and will be more capitalized than gold.
submitted by CoinjoyAssistant to btc [link] [comments]

Lightning Network Will Drive Bitcoin to $250,000 by 2023 — Tim Draper

Lightning Network Will Drive Bitcoin to $250,000 by 2023 — Tim Draper
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Bitcoin (BTC) could be worth millions of dollars after 2022 as payment processors allow easier transactions, Tim Draper has forecast.
Speaking during a Q&A session at the Malta AI & Blockchain Summit last week, the pro-cryptocurrency venture capitalist said innovations such as the Lightning Network would be key in propelling the Bitcoin price higher.

Draper: 4 years until $250,000 BTC

Doubling down on previous claims, Draper added he still believed BTC/USD would hit $250,000 by 2022 or 2023.
“I think Bitcoin payment processors are really going to open the floodgates,” he summarized.
On the topic of why Bitcoin would reach new records within just the next three to four years, Draper continued:
“It’s because of Lightning Network and OpenNode and maybe others that are allowing us to spend Bitcoin very freely and quickly, so that it’s not just a store of value but it can be used for micropayments; it can be used for retail, it can be used all over.”

Bitcoin price bullish sentiment mounts

While not a payment processor in a strict sense, Lightning facilitates near-instant BTC transactions between nodes via channels that cost almost nothing to use. The fees for Lightning transactions can, therefore, be much cheaper than transacting on-chain — just a single satoshi (approximately $0.00008788).
As Cointelegraph reported, Draper has long been one of Bitcoin’s biggest bulls, joining the likes of John McAfee in delivering sky-high price predictions.
In September, he even went as far as to call the $250,000 figure “conservative,” while subsequently arguing Bitcoin would cause considerable geopolitical upheaval.
Other voices have since joined him in his price belief, with BTCC exchange co-founder Bobby Lee last week claiming BTC/USD would be worth around $500,000 by 2028.
submitted by Rajladumor1 to omgfin [link] [comments]

How I found what coins to invest in despite information overload

If you're new, maybe you've figured out already that there is a lot of data and opinions surfacing the internet. A lot of people appear to be experts. I remember a time when I could still read most, if not all, of the news articles available. Now I can't keep up.
We have information from experts, both for and against cryptocurrency. Cryptocurrency itself is not easy to understand. It takes time and research to trust sources or reliable information. The internet is spammed with "The best crypto currency to invest in (now)!" And even harder- not all of these coins are scams! Some are. Some aren't. But, much like the dot com bubble, they are not all likely to sustain.
Here are my best tips:
  1. Research the market. Coingecko.com is a good source. It ranks coins by the most important data analytics. (More than hype, more than market cap/price)
  2. Research the best way to secure your assets. Hacking is very real.
  3. Ideas for step 1
-Find partnerships/similarities to determine probability. Coinbase for instance? Who are they partnered with where Bitcoin is accepted, but say Litecoin/Etherium aren't. Since Coinbase has Bitcoin, Litecoin, Etherium, we have probable cause for the other two working with the same company in the future.
-Learn of upcoming projects. For instance, what are Atomic Swaps? And what coins will have this capacity?
-Get a twitter account. Follow the developers themselves, not just the coin. Some of the developers have maybe 1500 followers and that's all. But maybe the actual coin has 60,000-100,000, say. Follow some of the early investors. I like CryptoHedge, Charlie Lee, Bobby Lee, Jameson Lopp, Coinbase, Etc.
-Print out a list of all the coins and begin highlighting the ones that make you curious. Begin crossing out the ones you're not interested in. Limit your finds to 15 coins or so. Begin researching them. (Again, coingecko.com is great for this.)
-Hold or as we say "hodl". Don't panic sell. If you researched it, you can feel good. Then if you want to buy more, buy more of the coin that may be currently frustrating you (while it's on a dip). Don't chase the coin you don't currently hold while it's up. If you missed it in your research, you missed it.
DISCLOSURE: I'm not a financial advisor. This is my opinion. I'm a holder of Bitcoin, Litecoin, Vertcoin, NEO, Sia and Ripple. Do your own research to make the best decision for you.
submitted by Kayjay4 to CryptoCurrency [link] [comments]

What did the co-founder of BTCC and CEO of Crypt-ON talk about?

What did the co-founder of BTCC and CEO of Crypt-ON talk about?
The Chinese cryptocurrency exchange BTCC is well known to the world crypto community. Its co-founder and former CEO Bobby Lee is currently taking part in the BLOCKSHOW ASIA 2018, the main one of the annual series of events Asia Blockchain Week, taking place these days in Singapore in the famous Marina Bay Sands hotel. Recently, Bobby shared in his Twitter thoughts about the imminent changes, which, in his view, will increase the level of global liquidity of cryptocurrencies, including bitcoin. He predicts that shortly bitcoin price will rise to $ 60,000.
A similar opinion shared by the CEO of Crypt-ON Paul Andreev, who also became a participator of BLOCKSHOW ASIA 2018, and presented our project — a financial p2p platform with great prospects. Bobby and Paul discussed the future of the cryptocurrency market, the price of bitcoin, shared their expectations and agreed that we should expect changes for the better, because in reality everything is just getting started, and the most important events in the crypto industry are lies ahead.
If you also attended this large-scale event and wanted to discuss the future of cryptocurrencies with Paul or learn more about the Crypt-ON platform, you can personally talk to him at BLOCKSHOW ASIA 2018, where he will answer all your questions, share the nearest plans of the project, talk about how TGE and work on the platform services are going.
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submitted by cimaron to Crypt_on_io [link] [comments]

BTCC Mint Discontinued Physical Bitcoins Go for Record Prices

Bobby Lee, the co-founder of BTCC which was once the world’s largest cryptocurrency exchange platform, recently announced on his twitter page the sale of physical Bitcoins in China at record prices. The auction started on November 12 in his home country where investors simply did not miss the chance to get a hold of such a rare commodity.
Among those that were auctioned was a roll of black 100K-bits Bitcoin chips that was produced in 2016 by BTCC Mint and with serial numbers B00481-B00500. The roll which consists of 20 chips was sold for a sky-high value of 5.3 BTC. Another amazing deal that was closed during the auction was the sale of a limited edition 6-color signature set of 2016 Bitcoin chips with matching serial numbers for a tremendous amount of 3.2 BTC. Even a purple 500K-bits of 2016 Bitcoin chip was sold at auction for a record price of 1.27 BTC during that night.
BTCC Mint announced in October they would discontinue the sale and production of physical bitcoins. Their store page indicates that the coins are still available to US customers at www.roguebitcoin.com.
submitted by knoll-ebitwork to Bitcoin [link] [comments]

Is China Cooking Up the Biggest Cryptocurrency Exchange Bubble or Rewriting the Industry?

Is China Cooking Up the Biggest Cryptocurrency Exchange Bubble or Rewriting the Industry?
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When I asked our production assistant "are you following FCoin," she gave me a perplexed look and replied, "what? Filecoin?" Apparently, FCoin was not on her radar. I don't fault her. Nowadays, with over hundreds of crypto exchanges around, an exchange that is barely a month old doesn't sound like something that warrants paying attention to. When I typed "FCoin" into the Google search bar, the search engine autocorrected to "pcoin." However, this exchange in its infancy has already become the focus of the Chinese crypto circle and is either writing its own legend or will eventually reveal itself as one of the biggest scams in crypto history.
I heard about FCoin for the first time on Jun 12th. Members of the Chinese crypto circle had started talking about this new entrant to the game. The new kid on the block was not only already billing itself as the biggest exchange by volume, having accumulated over 28 billion yuan within a 24 hour period on the 15th day after launch, but had even gone as far as to publicly announce that its trading volume surpassed the sum of the trading volumes of the second to the seventh biggest exchanges, including major players Binance and Huobi. The first reaction among the crypto crowd was to question the authenticity of their data. Even as I pen this article, their trading data can still not be found on popular crypto data sources such as coinmarketcap.com or Block Hero. Fake trades, that is, the trading of cryptocurrencies between two accounts owned by the same exchange, is an open secret across the exchange industry, especially in China. Everyone is doing it but no one owns up to it. Some industry insiders have told me that, in their opinion, at least 85% of the trading volume at the top exchanges is “fake,” a shocking number if there is any validity to the “allegation” in an industry that is trying to build a trustworthy reputation for itself. I was unable to find a way to independently verify the number, however when I asked Bobby Lee, the founder of BTC China, about FCoin’s trading volume, his first reaction was, "I wouldn't trust any volume numbers from cypto-exchanges.”
FCoin’s story has since evolved beyond the issue of trading volume manipulation. Soon afterwards, Huobi announced that they plan to ally with 100 exchanges and adopt the same model as FCoin. Then CZ from Binance (the world’s second largest crypto-exchange if FCoin’s numbers are to be believed) said sarcastically on Weibo, the closest thing in China to Twitter, that they are ready to work with even 1000 exchanges in order to emulate the model. Apparently, it isn’t just a story of someone cooking the trading number as the sector’s biggest players already found it a new threat.
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The cryptocurrency exchange industry is evolving at a super-fast pace. Mt. Gox, remember them? They were the first-generation exchange and used to be the sole player dominating the bitcoin trading business. Their reign ended when their entire network sank after a major hack. In China, BTC China was the first to initiate the cryptocurrency exchange business, however, were surpassed by OKCoin and Huobi within a couple of years. Last year, Binance moved to the head of the class in months. On December 16, 2017, they sent out a tweet saying: “5 months to reach Number One in the WORLD.” Then Binance saw their 1st quarter earnings in 2018 surpass those of 148-year-old Deutsche Bank.
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However things have since been changing even faster, with the time between events, no longer counted in months but rather in days. It took FCoin roughly one tenth of the time that it took Binance to move into the number one position, assuming their data is correct. Zhang Jian, FCoin’s founder and former CTO of Huobi, said in a WeChat group that even members of their own team were surprised that things were happening that quickly. The team had to work day and night to constantly upgrade the system, as the trading volumes the system had to handle kept growing exponentially.
Now let’s talk about FCoin’s model. What kind of magic is attracting that volume of trades? FCoin’s model is called “trans-fee mining.” They didn’t really invent it. Besides FCoin, several other cryptocurrency exchanges had made their appearance around the same time trying out that model, for example Dragonex, yet the model deployed in each case varies in the details. In FCoin’s case, users can trade cryptocurrencies and facilitate the trades by paying transaction fee like any other exchanges. However the users will receive the full rebate of the transaction fee in the form of FT, FCoin’s token. Every day, FCoin will reward dividends to all the FT token holder. The dividend is based on the transaction fee income accumulated in the last 24 hours. At the beginning FCoin took 80% of all the transaction fees as dividends to the user. Now under certain condition, the entire 100% is returned to the user.
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The user not only earns FT tokens, but also gains dividends simply by holding onto the FT without the heavy investment in machines and electricity that is needed to mine bitcoin. If FT’s price can be held at a certain level and the transaction fee revenue stream is stable, the user can make money if they hold onto their FT long enough. It sounds lucrative to many people. Users rushed in and kept on selling and buying, not for the purpose of changing positions, but purely to create the trade that allows them to receive or mine FT coins. Zhang said now their biggest challenge is to calculate all the dividends on a daily basis as it has now become so massive. According to their official website, about 170 BTC is distributed to users as a dividend today and the number was over 1500 BTC the day before. I guess the trading volume is pretty volatile.
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During the interview with the press, Zhang Jian explained that his idea behind this new model follows Satoshi Nakanomo’s original design for bitcoin. He said his fundamental theory is to build a community to support the trading eco-system rather than simply seeking to maximize profits like other centralized exchanges. Besides receiving a dividend, the FT holder can also participate in the system’s management. Zhang gained a lot of support in the crypto circle especially from the people who made money on Fcoin. However, many questions remain.
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Firstly, the question of the fake trades: Zhang Jian says that the FCoin system can prevent fake trades as they simply wouldn’t have the money to reward FT coin holders with the dividends. Although not everyone buys that answer, since some people think FCoin can still fiddle with the volume number by trading between its own accounts and give their own accounts FC coins, generating a lot of dividends, most of which is just returned to FCoin after the fact. Given that FT is not on blockchain now makes it hard to track how they are distributed. Zhang said FT will be put on the chain eventually. Still it is possible that FT is a “fake it until you make it” case. However, FCoin may not have a strong motivation to overstate the data for sustainability reasons, something which I will explain later.
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Secondly, CZ from Binance said in a statement that he believes FCoin is simply another kind of ICO. The users pay FCoin the transaction fee using BTC or ETH and receive FT coins in return. At the end of the day, it is not really any different than using BTC or ETH to purchase FT. And, when I hear of valuations of FCoin at 50 billion dollar, it does seem off the wall, especially considering the firm’s short history. Upon hearing that Binance doubted the evaluation, Zhang laughed it off and retorted in return that Binance was an ICO project as well at an interview.
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The third issue is sustainability. One has to question whether the transaction fee income is enough to support the run rate, and as to whether FCoin’s model, as it is currently structured, can support itself for much longer. There is a limited supply of FT coins, 10 billion in total. According to FCoin’s announcement, 51% of them will be rewarded to users through the “trans-fee mining.” At the time of this writing, FCoin’s official site indicated that more than 28 million FT had been mined the previous day. Let’s assume on average that 25 million FT are mined per day. That means, it will take only 204 days to mine all the FT needed to award users through the “trans-fee mining” program. What will happen after that? The FT holder can still receive the dividends but will no longer receive any FT coin for the transaction fee they paid. The return, in that case, will be significantly lower. This could become a cycle, with another exchange suddenly showing up with a more lucrative mining program, instigating a massive migration to the new player. And when that player runs out of tricks, the next one could come along.
That is already happening: on Jun 25th, Bit-z launched its platform token BZ and started a similar “trans-fee mining” program. They claimed that within the first 12 hours, the transaction volume had hit 27 billion yuan, if the data is to believed.
submitted by ox3tv to u/ox3tv [link] [comments]

Sagacious or Crazy? Let’s Meet John McAfee in Person!

Now matter you are new to the community, or you have already been on several roller-coaster rides of Bitcoin, the insights of Bitcoin still will be the more, the merrier. And there are so many unpredictable Bitcoin-related incidents happening every day on the internet, making the price fluctuating like the waves of a storming sea. Even a man wagering to “eat his own dck” can lead to a massive spike in bitcoins, with the price rising by an astounding 14%. You don’t believe it? This man is John McAfee, who founded the software company McAfee Associates in 1987 and now is a cybersecurity and software pioneer in the digital currency industry. When discussing the Bitcoin price on twitter, John McAfee made a bullish statement. More specifically, he feels Bitcoin will hit US$500,000 in the next three years. When questioned and challenged, he stated how he will “eat his dck on national television” if the price doesn’t hit US$500,000. When people think this successful entrepreneur has gone bananas, he is quite confident his prediction will come true. Want to know more of his insight? What supports his prediction? Is it a good time to invest heavily on Bitcoin? To answer these questions, John McAfee is attending a Bitcoin summit in Beijing. You can meet him there and ask him more questions in person! The "Shape the Future" 2017 Blockchain Global Summit is by far the biggest Bitcoin-related event in China, featuring many prominent figures all over the world. It will include the premiere screening of BitKan's documentary "Shape the Future", detailing how China rises to a major power in the Bitcoin industry. With the Chinese policies and investors affecting the price, the Chinese hardware manufactures, mining and trading platforms also have been playing a huge role in Bitcoin's growth internationally. Arguably, Bitcoin could never have achieved its current status and mystique without China. To hear so many of its leaders offer their direct insights in one place is a rare opportunity. Speakers at the "Shape the Future" Summit include Bitmain's Jihan Wu, Huobi's Lin Li, OKCoin's Star Xu, Bixin's Gang Wu, BTCC’s Bobby Lee, CHBTC's Dawei Li, ViaBTC's Haipo Yang, and BitKan's own CEO Leon Liu, Co-CEO Fang Yu. Overseas guests include Roger Ver, RSK Labs CEO Diego Gutiérrez Zaldívar, Evan Duffield and Ryan Taylor of DASH, Wings CEO Stas Oskin, and several partners representing the international Bitcoin media. It will take place on Sunday 10th September at the Sofitel Wanda Beijing. Grab this rare opportunity and get more Bitcoin insights from professionals all over the world. Click here buy tickets http://www.huodongxing.com/event/2396787801000
submitted by BitKan to btc [link] [comments]

Subreddit Stats: btc top posts from 2017-01-09 to 2017-02-07 22:40 PDT

Period: 29.80 days
Submissions Comments
Total 999 28052
Rate (per day) 33.52 904.13
Unique Redditors 409 2067
Combined Score 56126 117584

Top Submitters' Top Submissions

  1. 3835 points, 41 submissions: Egon_1
    1. "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority" (529 points, 262 comments)
    2. Charlie Shrem: "Oh cmon. @gavinandresen is the reason we are all here today. Stop attacking people, ...." (256 points, 61 comments)
    3. The core developers don't care about you. Let's fire them by hard fork to Bitcoin unlimited! (231 points, 83 comments)
    4. Bitcoin Core Hashrate Below 80% (211 points, 27 comments)
    5. "Bitcoin is an P2P electronic cash system, not digital gold. If Bitcoin's usefulness as cash is undermined, its value will be undermined too." (198 points, 196 comments)
    6. I like these ads (194 points, 25 comments)
    7. "ViaBTC Transaction Accelerator already help more than 5K delayed transactions got confirmed." (142 points, 27 comments)
    8. Bitcoin Unlimited: Over 800 PH/s (128 points, 21 comments)
    9. ViaBTC produces ZERO empty block in the last month. Best in SPV base mining pool. (117 points, 2 comments)
    10. New ATL (All Time Low) For Bitcoin Core Blocks (114 points, 59 comments)
  2. 2876 points, 24 submissions: ydtm
    1. The debate is not "SHOULD THE BLOCKSIZE BE 1MB VERSUS 1.7MB?". The debate is: "WHO SHOULD DECIDE THE BLOCKSIZE?" (1) Should an obsolete temporary anti-spam hack freeze blocks at 1MB? (2) Should a centralized dev team soft-fork the blocksize to 1.7MB? (3) OR SHOULD THE MARKET DECIDE THE BLOCKSIZE? (354 points, 116 comments)
    2. BU-SW parity! 231 vs 231 of the last 1000 blocks! Consensus will always win over censorship! MARKET-BASED blocksize will always win over CENTRALLY-PLANNED blocksize! People want blocksize to be determined by the MARKET - not by Greg Maxwell & his 1.7MB anyone-can-spend SegWit-as-a-soft-fork blocks. (271 points, 66 comments)
    3. The number of blocks being mined by Bitcoin Unlimited is now getting very close to surpassing the number of blocks being mined by SegWit! More and more people are supporting BU's MARKET-BASED BLOCKSIZE - because BU avoids needless transaction delays and ultimately increases Bitcoin adoption & price! (185 points, 80 comments)
    4. "Notice how anyone who has even remotely supported on-chain scaling has been censored, hounded, DDoS'd, attacked, slandered & removed from any area of Core influence. Community, business, Hearn, Gavin, Jeff, XT, Classic, Coinbase, Unlimited, ViaBTC, Ver, Jihan, Bitcoin.com, btc" ~ u/randy-lawnmole (176 points, 114 comments)
    5. "Why is Flexible Transactions more future-proof than SegWit?" by u/ThomasZander (175 points, 110 comments)
    6. "You have to understand that Core and their supporters eg Theymos WANT a hardfork to be as messy as possible. This entire time they've been doing their utmost to work AGAINST consensus, and it will continue until they are simply removed from the community like the cancer they are." ~ u/singularity87 (170 points, 28 comments)
    7. Blockstream/Core don't care about you. They're repeatedly crippling the network with their DEV-CONTROLLED blocksize. Congestion & delays are now ROUTINE & PREDICTABLE after increased difficulty / time between blocks. Only we can fix the network - using MARKET-CONTROLLED blocksize (Unlimited/Classic) (168 points, 60 comments)
    8. 3 excellent articles highlighting some of the major problems with SegWit: (1) "Core Segwit – Thinking of upgrading? You need to read this!" by WallStreetTechnologist (2) "SegWit is not great" by Deadalnix (3) "How Software Gets Bloated: From Telephony to Bitcoin" by Emin Gün Sirer (146 points, 59 comments)
    9. This trader's price & volume graph / model predicted that we should be over $10,000 USD/BTC by now. The model broke in late 2014 - when AXA-funded Blockstream was founded, and started spreading propaganda and crippleware, centrally imposing artificially tiny blocksize to suppress the volume & price. (143 points, 97 comments)
    10. Now that BU is overtaking SW, r\bitcoin is in meltdown. The 2nd top post over there (sorted by "worst first" ie "controversial") is full of the most ignorant, confused, brainwashed comments ever seen on r\bitcoin - starting with the erroneous title: "The problem with forking and creating two coins." (142 points, 57 comments)
  3. 2424 points, 31 submissions: realistbtc
    1. Remember this picture ? It was a very strong and cool message from around 2014 . Well, sadly it's not true anymore. But it was universally liked in the Bitcoin space , and probably brought here some of us . I remember even luke-jr reposting it somewhere (oh , the hypocrysis!! ). (249 points, 55 comments)
    2. Emin Gun Sirer on Twitter ' My take is the exact opposite: we are now finding out that Segwit isn't necessary and we can get the same benefits via simpler means. " (248 points, 46 comments)
    3. Gavin Andresen on Twitter : ' The purpose of a consensus system is to arrive at one outcome. Participating means accepting the result even if you initially disagree. ' (204 points, 56 comments)
    4. enough with the blockstream core propaganda : changing the blocksize IS the MORE CAUTIOUS and SAFER approach . if it was done sooner , we would have avoived entirely these unprecedented clycles of network clogging that have caused much frustrations in a lot of actors (173 points, 15 comments)
    5. Gavin Andresen on Twitter - 'This can't be controversial... can it? - a definition of Bitcoin' (136 points, 38 comments)
    6. adam back on twitter "contentious forks are bad idea for confidence & concept of digital scarcity. wait for the ETFs. profit. mean time deploy segwit & lightning" - no! a corrupt company like blockstream with a washed out ex cypherpunk like adam are what's bad for Bitcoin . (122 points, 115 comments)
    7. "Bitcoin: A Peer-to-Peer Electronic Cash System" - if you stray from that , you don't get to keep calling it Bitcoin. call it blockstreamcoin, adamcoin, gregcoin, theymoscoin or whatever and go fork off yourself . (112 points, 19 comments)
    8. soon 21 will have to change the scale , because 180 satoshi/KB won't be enough anymore - madness - feel free to send your complaints to greg maxwell CTO of blockstream (112 points, 31 comments)
    9. PSA : if you use a ledger wallet , you risk paying an absurdly high free - see here : 10$ for a 225 bytes 150$ tx - but remember , it's all fine for your elitist and gregonomic friends at blockstream (109 points, 111 comments)
    10. Luke 'the liar' Dashjr : ' My BIP draft didn't make progress because the community opposes any block size increase hardfork ever. ' -- yes , he wrote exactly that !! (96 points, 33 comments)
  4. 2129 points, 43 submissions: increaseblocks
    1. After failing to get 10K bitcoins for stolen NSA exploits, Shadow Brokers post farewell message, dump a cache of Windows hacking tools online (181 points, 23 comments)
    2. Coinbase and the IRS (146 points, 69 comments)
    3. Ryan X. Charles on Twitter - There is a leadership gap in bitcoin left by technical community members who didn't listen to miners, businesses or users. (117 points, 44 comments)
    4. Blockstream Core developer says you should "pay a $5 fee" to get your transaction to go through! (116 points, 32 comments)
    5. $2.50 transaction FEE paid on $37 transaction, still unconfirmed for 24 hours!! (109 points, 37 comments)
    6. Blockstream shareholder gives a little more insight into the company (107 points, 33 comments)
    7. Finished setting up my Unlimited full node. Took just over 24 hrs to sync with a 5 yr old laptop and standard U.S. connection + $50 1TB hard drive! (96 points, 46 comments)
    8. Matt Corallo/TheBlueMatt leaves Blockstream to go work for Chaincode Labs... is the Blockstream house of cards beginning to crumble? (86 points, 175 comments)
    9. 53,000 transactions in the backlog! (75 points, 79 comments)
    10. Doctor ₿ Goss on Twitter: Spending a year on #segwit instead of coordinating blocksize increase may not have been wise. Money that doesn't work is worthless (70 points, 11 comments)
  5. 1590 points, 9 submissions: parban333
    1. Dear Theymos, you divided the Bitcoin community. Not Roger, not Gavin, not Mike. It was you. And dear Blockstream and Core team, you helped, not calling out the abhorrent censorship, the unforgivable manipulation, unbecoming of supposed cypherpunks. Or of any decent, civil persons. (566 points, 87 comments)
    2. nullc disputes that Satoshi Nakamoto left Gavin in control of Bitcoin, asks for citation, then disappears after such citation is clearly provided. greg maxwell is blatantly a toxic troll and an enemy of Satoshi's Bitcoin. (400 points, 207 comments)
    3. Remember: while the blockstream trolls take Peter R out of context, Peter Todd really think Bitcoin should have a 1%/security tax via inflation. (146 points, 92 comments)
    4. So, Alice is causing a problem. Alice is then trying to sell you a solution for that problem. Alice now tell that if you are not buying into her solution, you are the cause of the problem. Replace Alice with Greg & Adam.. (139 points, 28 comments)
    5. SegWit+limited on-chain scaling: brought to you by the people that couldn't believe Bitcoin was actually a sound concept. (92 points, 47 comments)
    6. Remember: the manipulative Adam Back, CEO of Blockstream, want to fool every newcomer that doesn't know better into thinking that he practically invented Bitcoin. (91 points, 22 comments)
    7. Not only segwit support is laughable at the moment for something targeting 95% adoption, but it's actually diminishing. Wallet devs and people that spent resources implementing that ridiculous contraption must feel a bit silly at the moment.... (83 points, 143 comments)
    8. It's ironic that blockstream's concerns about hard forks security are what's actually caused concerns about hard forks security. (46 points, 5 comments)
    9. The Intercept - "Hidden loopholes allow FBI agents to infiltrate political and religious groups" - Just something to consider, right? (27 points, 2 comments)
  6. 1471 points, 10 submissions: sandakersmann
    1. Charlie Shrem on Twitter: "If we don't implement bigger blocks ASAP, Paypal will be cheaper than #bitcoin. I already pay a few dollars per tx. Stop hindering growth." (472 points, 254 comments)
    2. Olivier Janssens on Twitter: "Do you like Bitcoin? Then you like an unlimited block size. The limit was put in place as a temp fix and was never hit before last year." (252 points, 189 comments)
    3. Ryan X. Charles on Twitter: "Bigger blocks will allow more people access to every aspect of bitcoin, enhancing decentralization" (213 points, 179 comments)
    4. Is Bitcoin Unlimited Headed for Activation? (149 points, 38 comments)
    5. Marius Kjærstad on Twitter: "High fees push real economy out of #Bitcoin and makes price driven by speculation. Result is a lower real economy floor to catch the knife." (132 points, 37 comments)
    6. No Primary Litecoin Pool Will Upgrade to Segwit, Says LTC1BTC's Founder (103 points, 60 comments)
    7. Charlie Shrem: "Bitcoin is been built to appreciate or die. That's how it is. It has to continue to grow. If it doesn't grow then it's just gonna go away." (76 points, 15 comments)
    8. G. Andrew Stone & Andrew Clifford: Bitcoin Unlimited (Episode 166) (36 points, 1 comment)
    9. Joseph VaughnPerling on Twitter: "#SegWit on $LTC's safe b/c low TX vol. AnyoneCanSpend TX UTXO unlikely to hit 51% attack cost. On $BTC it'd be insidiously fatal. @SegWit" (21 points, 8 comments)
    10. Bitcoin Plummets After China Launches "Market Manipulation" Investigations Of Bitcoin Exchanges (17 points, 0 comments)
  7. 1408 points, 7 submissions: BeijingBitcoins
    1. LOL - /bitcoin user claims that people aren't being actively silenced; is actively silenced. (307 points, 142 comments)
    2. Reality check: today's minor bug caused the bitcoin.com pool to miss out on a $12000 block reward, and was fixed within hours. Core's 1MB blocksize limit has cost the users of bitcoin >$100k per day for the past several months. (270 points, 173 comments)
    3. Satoshi: "The eventual solution will be to not care how big [block size] gets." (250 points, 75 comments)
    4. Top post on /bitcoin about high transaction fees. 709 comments. Every time you click "load more comments," there is nothing there. How many posts are being censored? The manipulation of free discussion by /bitcoin moderators needs to end yesterday. (229 points, 91 comments)
    5. Bitcoin Unlimited blocks at all time high! (143 of last 1000) (191 points, 56 comments)
    6. Censored in bitcoin: "Bitcoin Core hashrate reaches 79.7%" (91 points, 61 comments)
    7. Bitcoin Transaction Fees - All Time (70 points, 18 comments)
  8. 1235 points, 40 submissions: chinawat
    1. Julian Assange just used the bitcoin block number 447506 as a proof of life. (199 points, 42 comments)
    2. "$3000 donated anonymously to the @internetarchive in bitcoin just now. Made our day!" -- Brewster Kahle on Twitter (97 points, 3 comments)
    3. ‘Barclays took my £440,000 and put me through hell’ | Money (76 points, 22 comments)
    4. Venezuelan Police Arrest Eight Bitcoin Miners in Two Weeks, and the Country's Leading Bitcoin Exchange Suspends Operations (52 points, 2 comments)
    5. The Path To $10,000 Bitcoin (46 points, 11 comments)
    6. How Deutsche Bank Made a $462 Million Loss Disappear (44 points, 6 comments)
    7. "The plan (#mBTC units) has been discussed amongst local #Chinese exchanges, & we believe it will appease the regulators, w/ "lower" prices." -- Bobby Lee on Twitter (43 points, 36 comments)
    8. "Everyone knows that we need to reduce the max block size, but is a one-time drop to 300 kB really the best way?" -- theymos (40 points, 68 comments)
    9. Buy bitcoin from any 7-11 in the Philippines (36 points, 0 comments)
    10. The Race Is On for a Bitcoin ETF (31 points, 14 comments)
  9. 1010 points, 17 submissions: 1and1make5
    1. Last 1000 Blocks - Bitcoin Unlimited overtakes soft-fork-segwit signaling (165 points, 25 comments)
    2. Again: Bigger Blocks Mean More Decentralization - Roger Ver (101 points, 59 comments)
    3. cnLedger on Twitter - "@todu77 Contacted http://BTC.TOP . A different logic was used when dealing w/ (very occasional) empty blc. They'll update to BU only" (94 points, 6 comments)
    4. Controlling your own wealth as a basic human right - Brian Armstrong (93 points, 30 comments)
    5. Last 1000 Blocks - 20% of the Bitcoin mining network supports Bitcoin Unlimited (89 points, 4 comments)
    6. BTC.top current hashrate: ~100 Ph/s (71 points, 5 comments)
    7. Throwback Thursday: BTC.top mined their first BU block 1 month ago with ~31 Ph/s, today they have ~149 Ph/s (68 points, 6 comments)
    8. Epicenter Bitcoin 166 - G. Andrew Stone & Andrew Clifford: Bitcoin Unlimited (63 points, 50 comments)
    9. Coinbase Obtains the Bitlicense (53 points, 19 comments)
    10. Fun fact (doesn't mean anything): In the last 24 hours more blocks have signaled support for Bitcoin Unlimited than soft-fork-segwit (53 points, 5 comments)
  10. 984 points, 20 submissions: seweso
    1. Bitcoin unlimited is an expression of freedom. And freedom will always be misconstrued by paternalists/statists as something dangerous. (120 points, 64 comments)
    2. My hope for Bitcoin Unlimited is not to force a hardfork upon everyone, but to break through the censorship, to open minds. (106 points, 88 comments)
    3. Core threatening a POW change makes absolutely no sense whatsoever. (97 points, 58 comments)
    4. "We will run a SegWit release in production by the time [a 2MB hardfork] is released in a version of Bitcoin Core." (94 points, 84 comments)
    5. Blocked by Peter Todd for pointing out he started the propaganda war with his slippery slope video. (92 points, 41 comments)
    6. I can't wait to spend everyone's SegWit funds on a hard-forked >1Mb chain. ~ Seweso (72 points, 72 comments)
    7. BashCo putting his Bitcoin ignorance on display by stating "60,000 #Bitcoin transactions don't just magically appear out of thin air. #spam" (66 points, 12 comments)
    8. Bitcoin Core developers discussing and deciding on Bitcoin economics again (47 points, 13 comments)
    9. Reaction to: why-bitcoin-unlimiteds-emergent-consensus-gamble (46 points, 9 comments)
    10. "@seweso Show me an instance where core pushed out a change and cost miners a block reward." ~ I can do that ;) (37 points, 6 comments)
  11. 883 points, 16 submissions: Shock_The_Stream
    1. Emin Gün Sirer: Finally getting to the crux of the battle. LN/Segwit/fee-market are a synonym for "high fees." Nothing about this tech requires high fees. (155 points, 78 comments)
    2. BTC.TOP !! - New Alltime High for BU blocks @199 ! BTC.TOP alone just mined 4 BU blocks within 47 minutes (115 points, 26 comments)
    3. The great halvening of Samson's Segwit Pool: Mission accomplished! 1 yr: 12.50%, 6 month: 11.10%, 1 month: 7.83%, 1week: 6.67%, 4 days: 6% (107 points, 56 comments)
    4. Surpise: SegWit SF becomes more and more centralized - around half of all Segwit signals come from Bitfury ... (107 points, 45 comments)
    5. BS of the week by Rusty Russell: "If segwit doesn't activate, something is badly broken in Bitcoin" (102 points, 97 comments)
    6. Slush pool: Incredible bad luck for the Bitcoin Unlimited voters (43 points, 26 comments)
    7. The Bitfury Attack (43 points, 38 comments)
    8. 799! Jiang Zhuo'er teared down this wall! (40 points, 13 comments)
    9. Did Slush just stop mining segwit with the 'don't care' voters? (39 points, 36 comments)
    10. Fortune favours the bold: BTC.TOP with 300% luck today (30 points, 2 comments)
  12. 754 points, 10 submissions: AQuentson
    1. Price Shoots Up as Miners Checkmate and Bitcoin Unlimited Surpasses Segwit. (113 points, 28 comments)
    2. One Transaction Will Cost $400 if Bitcoin Hits $10,000 According to Jameson Lopp (104 points, 39 comments)
    3. Bitcoin Core Developer: Satoshi's Design Doesn't Work (100 points, 78 comments)
    4. Wow! Had no idea the BitcoinMarkets subreddit is completely censored. (90 points, 29 comments)
    5. F2Pool Will Not Upgrade Its Bitcoin Pool to Segwit "Anytime Soon" (89 points, 21 comments)
    6. The Bitcoin Market Needs Big Blocks, Says Founder of BTC.TOP Mining Pool (82 points, 21 comments)
    7. Almost $1 Billion Worth of Bitcoins Stuck in Transaction Backlog (72 points, 8 comments)
    8. ViaBTC's Hashrate Increases to 12 Percent (58 points, 2 comments)
    9. “The protocol debate is not my priority." - Jihan Wu, Bitmain's Founder (24 points, 13 comments)
    10. Wow! Almost $1 Billion Worth of Bitcoin is Stuck, Can't Move - What Happens if no Block is Found in One Hour (as has happened before) Will Bitcoin Literally Break Down? (22 points, 14 comments)
  13. 744 points, 10 submissions: BobsBurgers3Bitcoin
    1. Bitcoin Unlimited 1.0.0 has been released (274 points, 130 comments)
    2. Censored in r\Bitcoin: "35.8 Cents: Average Transaction Fee so far in 2017. The Average Transaction Fee in 2016 was 16.5 Cents" (260 points, 123 comments)
    3. 35.8 Cents: Average Transaction Fee so far in 2017. The Average Transaction Fee in 2016 was 16.5 Cents (74 points, 18 comments)
    4. Former Fed Employee Fined $5,000 for Using Computer for Bitcoin (37 points, 5 comments)
    5. Bitcoin: Why It Now Belongs in Every Portfolio (26 points, 0 comments)
    6. Bitcoin is 'a great hedge against the system' and could be the new gold (18 points, 1 comment)
    7. Bitcoin Will Change Money Like the Internet Changed Video (15 points, 0 comments)
    8. Is Warren Buffett Wrong About Bitcoin? (14 points, 3 comments)
    9. Bitseed Review – A Plug & Play Full Bitcoin Node (13 points, 2 comments)
    10. Bitcoin is soaring (and Business Insider does not change the title of the almost identical article published 3 weeks ago by the same author) (13 points, 1 comment)
  14. 732 points, 10 submissions: specialenmity
    1. Fantasy land: Thinking that a hard fork will be disastrous to the price, yet thinking that a future average fee of > $1 and average wait times of > 1 day won't be disastrous to the price. (209 points, 70 comments)
    2. "Segwit is a permanent solution to refuse any blocksize increase in the future and move the txs and fees to the LN hubs. The chinese miners are not as stupid as the blockstream core devaluators want them to be." shock_the_stream (150 points, 83 comments)
    3. In response to the "unbiased" ELI5 of Core vs BU and this gem: "Core values trustlessness and decentralization above all. Bitcoin Unlimited values low fees for on-chain transactions above all else." (130 points, 45 comments)
    4. Core's own reasoning doesn't add up: If segwit requires 95% of last 2016 blocks to activate, and their fear of using a hardfork instead of a softfork is "splitting the network", then how does a hardfork with a 95% trigger even come close to potentially splitting the network? (96 points, 130 comments)
    5. luke-jr defines "using bitcoin" as running a full node. Dictates that the cost of moving money ( a transaction) should exceed "using bitcoin". Hah (38 points, 17 comments)
    6. If it's not activating that is a strong evidence that the claims of it being dire were and continue to be without substance. nullc (36 points, 23 comments)
    7. I'm more concerned that bitcoin can't change than whether or not we scale in the near future by SF or HF (26 points, 9 comments)
    8. "The best available research right now suggested an upper bound of 4MB. This figure was considering only a subset of concerns, in particular it ignored economic impacts, long term sustainability, and impacts on synchronization time.." nullc (20 points, 4 comments)
    9. At any point in time mining pools could have increased the block reward through forking and yet they haven't. Why? Because it is obvious that the community wouldn't like that and correspondingly the price would plummet (14 points, 14 comments)
    10. The flawed mind of jstolfi (13 points, 17 comments)
  15. 708 points, 7 submissions: knight222
    1. BTC.TOP operator: “We have prepared $100 million USD to kill the small fork of CoreCoin, no matter what POW algorithm, sha256 or scrypt or X11 or any other GPU algorithm. Show me your money. We very much welcome a CoreCoin change to POS.” (241 points, 252 comments)
    2. For those who missed it, this is how the hardfork with Bitcoin Unlimited will happen. (173 points, 79 comments)
    3. Blocks mined with Bitcoin Unlimited reaching 18% (133 points, 28 comments)
    4. Bitcoin Unlimited is less than 1% away from outpacing Segwit for the last 1000 blocks mined (90 points, 44 comments)
    5. BU nodes peaked in the last days (28 points, 6 comments)
    6. Blockstream never tried to compromise but they will (too late). This is why: (22 points, 4 comments)
    7. BTC.TOP is having a good day (21 points, 6 comments)

Top Commenters

  1. Adrian-X (3622 points, 821 comments)
  2. H0dl (3157 points, 563 comments)
  3. Bitcoinopoly (2732 points, 345 comments)
  4. knight222 (2319 points, 361 comments)
  5. MeTheImaginaryWizard (2043 points, 429 comments)
  6. Ant-n (1818 points, 387 comments)
  7. todu (1756 points, 265 comments)
  8. seweso (1742 points, 328 comments)
  9. awemany (1690 points, 401 comments)
  10. Shock_The_Stream (1647 points, 217 comments)
  11. Helvetian616 (1578 points, 206 comments)
  12. Egon_1 (1478 points, 162 comments)
  13. realistbtc (1299 points, 95 comments)
  14. BitcoinIsTehFuture (1231 points, 139 comments)
  15. LovelyDay (1226 points, 196 comments)
  16. thcymos (1172 points, 117 comments)
  17. BeijingBitcoins (1098 points, 58 comments)
  18. Yheymos (1061 points, 69 comments)
  19. steb2k (1058 points, 238 comments)
  20. ydtm (987 points, 132 comments)
  21. dontcensormebro2 (975 points, 106 comments)
  22. chinawat (972 points, 223 comments)
  23. increaseblocks (934 points, 73 comments)
  24. segregatedwitness (921 points, 101 comments)
  25. Annapurna317 (874 points, 146 comments)
  26. DaSpawn (817 points, 162 comments)
  27. insette (808 points, 91 comments)
  28. TanksAblazment (803 points, 150 comments)
  29. blockstreamcoin (787 points, 133 comments)
  30. MeatsackMescalero (774 points, 95 comments)
  31. satoshis_sockpuppet (745 points, 126 comments)
  32. BitcoinXio (739 points, 50 comments)
  33. jstolfi (734 points, 183 comments)
  34. singularity87 (720 points, 90 comments)
  35. Richy_T (704 points, 163 comments)
  36. redlightsaber (690 points, 138 comments)
  37. Leithm (686 points, 74 comments)
  38. ErdoganTalk (668 points, 252 comments)
  39. BitcoinPrepper (665 points, 89 comments)
  40. reddaxx (664 points, 105 comments)
  41. r1q2 (660 points, 110 comments)
  42. papabitcoin (653 points, 79 comments)
  43. 2ndEntropy (632 points, 76 comments)
  44. FormerlyEarlyAdopter (608 points, 92 comments)
  45. Coolsource (595 points, 116 comments)
  46. Peter__R (589 points, 43 comments)
  47. timepad (570 points, 62 comments)
  48. Rawlsdeep (564 points, 109 comments)
  49. themgp (560 points, 46 comments)
  50. ForkiusMaximus (558 points, 89 comments)

Top Submissions

  1. Dear Theymos, you divided the Bitcoin community. Not Roger, not Gavin, not Mike. It was you. And dear Blockstream and Core team, you helped, not calling out the abhorrent censorship, the unforgivable manipulation, unbecoming of supposed cypherpunks. Or of any decent, civil persons. by parban333 (566 points, 87 comments)
  2. "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority" by Egon_1 (529 points, 262 comments)
  3. Charlie Shrem on Twitter: "If we don't implement bigger blocks ASAP, Paypal will be cheaper than #bitcoin. I already pay a few dollars per tx. Stop hindering growth." by sandakersmann (472 points, 254 comments)
  4. nullc disputes that Satoshi Nakamoto left Gavin in control of Bitcoin, asks for citation, then disappears after such citation is clearly provided. greg maxwell is blatantly a toxic troll and an enemy of Satoshi's Bitcoin. by parban333 (400 points, 207 comments)
  5. The debate is not "SHOULD THE BLOCKSIZE BE 1MB VERSUS 1.7MB?". The debate is: "WHO SHOULD DECIDE THE BLOCKSIZE?" (1) Should an obsolete temporary anti-spam hack freeze blocks at 1MB? (2) Should a centralized dev team soft-fork the blocksize to 1.7MB? (3) OR SHOULD THE MARKET DECIDE THE BLOCKSIZE? by ydtm (354 points, 116 comments)
  6. LOL - /bitcoin user claims that people aren't being actively silenced; is actively silenced. by BeijingBitcoins (307 points, 142 comments)
  7. Massive censorship on "/bitcoin" continues by BitcoinIsTehFuture (296 points, 123 comments)
  8. Charlie Shrem on Twitter: "You can talk about anything in BTC and it won't be auto deleted" by BitcoinXio (291 points, 69 comments)
  9. Bitcoin Unlimited blocks exceed Core for first time, 232 vs. 231 of last 1,000 by DNVirtual (282 points, 84 comments)
  10. As relevant as it's always been by iopq (276 points, 15 comments)

Top Comments

  1. 151 points: nicebtc's comment in "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority"
  2. 123 points: 1DrK44np3gMKuvcGeFVv's comment in "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority"
  3. 117 points: cryptovessel's comment in nullc disputes that Satoshi Nakamoto left Gavin in control of Bitcoin, asks for citation, then disappears after such citation is clearly provided. greg maxwell is blatantly a toxic troll and an enemy of Satoshi's Bitcoin.
  4. 117 points: seweso's comment in Roger Ver banned for doxing after posting the same thread Prohashing was banned for.
  5. 113 points: BitcoinIsTehFuture's comment in Dear Theymos, you divided the Bitcoin community. Not Roger, not Gavin, not Mike. It was you. And dear Blockstream and Core team, you helped, not calling out the abhorrent censorship, the unforgivable manipulation, unbecoming of supposed cypherpunks. Or of any decent, civil persons.
  6. 106 points: MagmaHindenburg's comment in bitcoin.com loses 13.2BTC trying to fork the network: Untested and buggy BU creates an oversized block, Many BU node banned, the HF fails • /Bitcoin
  7. 98 points: lon102guy's comment in bitcoin.com loses 13.2BTC trying to fork the network: Untested and buggy BU creates an oversized block, Many BU node banned, the HF fails • /Bitcoin
  8. 97 points: bigboi2468's comment in contentious forks vs incremental progress
  9. 92 points: vbuterin's comment in [Mark Friedenbach] There is a reason we are generally up in arms about "abusive" data-on-blockchain proposals: it is because we see the potential of this tech!
  10. 89 points: Peter__R's comment in contentious forks vs incremental progress
Generated with BBoe's Subreddit Stats (Donate)
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SEC & FINMA skeptical, Federal Election Commission, & Piggyweek's Piggycoin for kids.

Video: http://moneyandtech.com/may8-news-update/
Here are today's top news stories in Money & Tech:
The US Securities and Exchange Commission released a new alert on Wednesday warning investors to be wary of fraud risks with digital currency, reiterating the message from their first report issued in July last year. The alert went on to outline several warnings signs that investors should watch out for, including offers from unlicensed or unsolicited sources, or those that pretend to guarantee high returns. While the SEC never advises investors to completely steer clear of virtual currency, the alert does urge them to be “skeptical when assessing something novel, new and cutting-edge."
The price of bitcoin once again suffered a slump as at least 11 Chinese banks, including the Big Four largest banks in the country, released official statements reaffirming the ban on bitcoin. The documents ban companies and individuals from using their bank accounts to transfer money for bitcoin trading, as well as for the purchase and sales of vouchers.
The US Federal Election Commission released a report Wednesday with their decision to allow political action committees and campaigns to accept up to $100 in bitcoin as a form of in-kind donation under current federal election laws. The same guidelines will apply as for other in-kind donations, including collecting personal information from every donor. The report further states that the bitcoin donations “may be received into and held in a bitcoin wallet until the committee liquidates them.”
The Swiss Financial Market Supervisory Authority, FINMA, has mentioned bitcoin in the latest version of its Collective Investment Schemes Ordinance, a major step for one of the world's most conservative financial systems. In the revised Ordinance, FINMA points out bitcoin's decentralized and anonymous nature, concluding that “trading in bitcoins presents increased risk of fraud, money laundering, and outright loss.”
Several banking organizations are starting to look into bitcoin and digital currency technology for their own practices. Banking payments providers FIS and Fiserv Inc. are considering bitcoin's public ledger and use of encryption as ways to more securely transfer funds on existing networks. As American Bankers Association VP Steve Kenneally puts it, “It’s safe to say that every bank is looking at what’s going on with bitcoin and those types of technologies.”
Voting for the Bitcoin Foundation's two vacant board seats has officially resumed with a second round to decide between the three candidates who received the most votes in the first round. Foundation members will have until midnight tonight to choose between BTC China CEO Bobby Lee, Gyft CEO Vinny Lingham and bitcoin entrepreneur Brock Pierce.
Alt currency PiggyCoin has been releasing a new surprise launch every day this week as part of their effort to get kids excited about cryptocurrency. PiggyWeek, as they're calling it, kicked off Monday with the release of their new e-PiggyBank online wallet, and then continued Tuesday with the launch of The Piggycoin Foundation and its first campaign to provide bikes for Southeast Asia with 88Bikes. You can follow @PiggyCoin on Twitter to keep up with the rest of PiggyWeek's announcements.
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Bobby Lee's Crypto Portfolio  Cointelegraph BTC SOOTHSAYER BOBBY LEE Just CHECKED BITCOIN’S BIGGEST ... Bobby Lee - Bitcoin Bull & Maximalist: Shitcoin vs. Shiat (Shitfiat), Inflation & Deflation Bobby Lee: Bitcoin's Value Defined - YouTube Bobby Lee interview! The Ballet wallet controversy, Gold Bitcoin flippening, 2020 halving, China

While pitching his new cryptocurrency wallet startup Ballet, Bobby Lee, the founder of the very first Chinese crypto exchange, has made a bold Bitcoin price prediction Cover image via twitter.com Bobby Lee, the former CEO of BTCC, with Ballet, is done going on vacations after selling the first Chinese exchange for an eight-figure sum. Bobby Lee the former CEO and co-founder of BTCC believe that Bitcoin is about to have a bright future. He stated that in upcoming years the leading currency Bitcoin price is likely to reach the elusive mark of million-dollar. He gave an insight into the future of Bitcoin at the Malta AIBC summit. Bitcoin price to smashing $1,000,000 mark? - Gold bug Peter Schiff called out Bobby Lee for predicting bitcoin's price to reach $1 million. - Lee says bitcoin will flip the price of gold within the next 9 years. Gold bug and crypto critic Peter Schiff has taken issue with Bobby Lee’s most recent price prediction that bitcoin will reach $1 million in the next five to 10 years. The Bitcoin price could “bottom” at $2500 in January 2019, BTCC co-founder Bobby Lee has forecast in his latest prediction which many traders already Bitcoin price could bottom at $2.5K in January 2019, Bobby Lee forecasts in his latest prediction, which many consider too optimistic. Bobby Lee has given his input as to what price Bitcoin can look forward to, and its a very healthy and FOMO-inducing $60,000. Since December 2017, Bitcoin’s characteristic price volatility has ...

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Bobby Lee's Crypto Portfolio Cointelegraph

Bobby Lee is a bitcoin bull who is fascinated about the evolution of Bitcoin and refers to himself as a “hardcore Bitcoin Maximalist”. He founded his second startup in early 2019: Ballet ... Cryptocurrency News - Bitcoin Veteran Bobby Lee Predicts One Million-Dollar Bitcoin. Imagine a One Million Dollar Bitcoin. Would that become a life-changing ... Articles and hashtags referenced (I DO NOT OWN Or CLAIM TO OWN ARTICLES REFERENCED OR VIEWED IN VIDEOS): #bitcoin #bitcoins #bitcoinprice GET A Chance To WIN... *COINBASE: GET $10 FREE BITCOIN **Buy bitcoin, litecoin, ethereum, and/or bitcoin cash on Coinbase. Purchase $100 or more and we both get $10 worth of bitcoin FREE. Also, be sure to check out ... ️ [PODCAST PROMO] Get $25 In Free CMDX Tokens from our sponsor: http://promo.cryptonewsalerts.net Bitcoin price will surpass the market cap of gold and coul...

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