Tuur Demeester Considers Bitcoin Reaching $50k Is A ...

Trace Meyer showed me first hand how elitist Bitcoin Core people are

Last night I went to an event called "Blockchain and Liberty" put on by the Foundation for Economic Education (FEE.org) in Austin, TX. Great time overall, met some really neat people. Presentation/panel topics were broad and included non-monetary uses of the blockchain which were enlightening and fascinating.
Speakers included Abhi Dobhal, Caitlin Long, Jeffrey Tucker, Max Borders, Tuur Demeester, and Trace Meyer. Roger Ver was supposed to be there but unfortunately had to back out.
The last panel was called "The Future of Bitcoin" and would have been Roger Ver and Trace Meyer (I had never heard of Trace before). Jeffrey Tucker stepped in to represent BCH side arguing that it has to be usable for the common man. He went first and did a fairly good job.
Then Trace went on basically a 20 minute rant that was full of ad hominem attacks on the various proponents of increasing the block size, including Gavin Andreesen and some others. He called people stupid. He talked down on anyone concerned by the high transaction fees, saying there is a cost for financial sovereignty and if you can't handle it maybe you shouldn't be in the space. He used the term BCASH, which obviously says a lot about his views.
He said everyone should run a full node. That was odd to me. Obviously the common person will not run a full node on either BTC or BCH. Most people don't know how an engine works, let alone how to assemble or fix one, but that doesn't mean they don't know how to drive a car, nor that they shouldn't drive a car.
In the Q&A I shared my experience buying Bitcoin for the first time. I bought $30 in December, and the fee was nearly as much to transfer to my wallet. I was shocked. It wasn't this great thing that I heard about for years. That's when I started looking into why the fees were so high, and naturally ended up learning about Bitcoin Cash. I asked him why I should consider BTC after having that experience, and his answer was nothing more than promises about waiting for the Lightning Network. He basically said I should suck it up, buy, and hold.
He lived up to the impression the Bitcoin Core crowd gives off online. He was arrogant, rude, and childish.
I wish Roger would have been there to stand up to him. Jeffrey Tucker did his best, so gotta give him credit.
submitted by cl350rg to btc [link] [comments]

The best crypto and blockchain podcasts of 2019

For anyone who it interested in learning more about investing, crypto, finance, blockchain, and entrepreneurship can checkout this list I made of the top podcasts to follow in 2019 with some selected episodes chosen from each one:

Off The Chain With Anthony Pompliano
Host Anthony Pompliano talks to some of the most respected names in crypto and Wall Street to find out how intelligent investors from the new and old financial system are thinking about digital assets.
Top Episodes:
CZ, Founder and CEO of Binance: Binance and the Future of Global Crypto Regulation
Murad Mahmudov: The Ultimate Bitcoin Argument
Travis Kling: The Secrets of A Crypto Trader

Unchained: Your No-Hype Resource for All Things Crypto
This weekly, hour-long podcast with host Laura Shin dives deep into the people building the decentralized internet, the details of this technology that could underpin our future, and some of the thorniest topics in crypto, such as regulation, security and privacy.
Top Episodes:
Vitalik Buterin, Creator of Ethereum, On The Big Guy vs. The Little Guy
Naval Ravikant On How Crypto Is Squeezing VCs, Hindering Regulators, and Bringing Users Choice
Blockchain 101 with Andreas Antonoloulos

What Grinds My Gears
From Meltem Demirors and Jill Carlson, What Grinds My Gears is a podcast about the bizarre and buzzworthy happenings in the world of cryptocurrency. Each week, they delve into one key theme in crypto, and examine this theme through a broader financial, political, and cultural lens to learn from the past, understand the present, and explore the future.
Top Episodes:
An Unfetted Orgy Of Capitalism
It’s All About The DEX, Baby!
Tarred & Tethered

What Bitcoin Did
Since the birth of Bitcoin in 2009, a new class of Crypto assets built using the innovative design of the blockchain is disrupting technology and financial markets. In this podcast you will hear host Peter McCormack speak with crypto traders, miners, venture capitalist, investors, technical developers, CEOs, journalist and other people driving forward the growth of Bitcoin and other cryptocurrencies.
Link To Listen
Top Episodes:
Andreas Antonopoulos: What Happens When Bitcoin Takes Over?
Peter Van Valkenburg on Lightning & The Law
Tuur Demeester on Why Bitcoin Is In Heavy Accumulation

Untold Stories with Charlie Shrem
Host Charlie Shrem dives deep into the lives and personal histories of some of crypto’s most influential leaders. A focus on personal stories weaves together a nuanced, untold narrative of how the crypto movement truly came to be.
Top Episodes:
J. Maurice “Wiz” — The Real Story of Mt. Gox & How to Become a Self-Sovereign Bitcoin Miner
Arianna Simpson — Why Founders Shouldn’t Think About an Exit & Becoming BitGo’s 3rd Employee
Steven Nerayoff — Crypto as a Disruptive Technology & Governments Debasing Their Own Currencies

Tales From The Crypt
Tales from the Crypt is a podcast hosted by Marty Bent about Bitcoin. Join Marty, Editor in Chief of “the best newsletter in crypto”, as he sits down to discuss Bitcoin with interesting people.
Top Episodes:
Tales from the Crypt: Pierre Rochard Pt. I
Tales from the Crypt #3: Santiago Siri
Tales from the Crypt Ep1: The History of Bitcoin Pt. 1

The Token Daily with Soona Amhaz
Host soona amhaz sits down with the movers and shakers of the crypto industry to discuss the big ideas they spend their days thinking about. Soona and her guests examine everything from industry trends, to what books they’re reading, to human psychology and investing.
Top Episodes:
Taylor Pearson, Author of The End of Jobs: Markets Are Eating the World
Dani Grant, Analyst at Union Square Ventures: The VC Outlook on Crypto’s Trends and Future
Tony Sheng, Independent Analyst: A Writer’s Take on Bitcoin Lore

The Flippening
Flippening is for cryptocurrency investors. Each week host Clay Collins discusses the cryptocurrency economy, new investment strategies for maximizing returns, and stories from the front lines of financial disruption. Flippening is for a new class of investors that were not part of the financial services world before bitcoin, but got into the finance because of their passion for cryptoassets, blockchain, altcoins, and distributed ledger technology.
Top Episodes:
Strategies for Accumulating BTC (Instead of USD) w/ Tuur Demeester from Adamant Capital
The Economics of Cryptoasset Markets w/ Professor Stephen McKeon
Bootstrapping A Crypto Nation State From Scratch, w/ Eric Meltzer of INBlockchain

The Chain Reaction Podcast
Host Tom Shaughnessy of Delphi Digital converses with the top names in crypto and blockchain.
Top Episodes:
ConsenSys’ Joe Lubin: Ethereum’s Competition Isn’t Even Close
Delphi Digital’s March Analyst Call — Ethereum, Enjin and Our Short Term Bitcoin Outlook
Vision Hill Group’s Scott Army: Digital Asset Management of the Future

a16z Podcast
The a16z Podcast discusses tech and culture trends, news, and the future — especially as ‘software eats the world’. It features industry experts, business leaders, and other interesting thinkers and voices from around the world. This podcast is produced by Andreessen Horowitz (aka “a16z”), a Silicon Valley-based venture capital firm.
Top Episodes:
What Time Is It? From Technical to Product to Sales CEO
Principles and Algorithms for Work and Life
Five Open Problems Toward Building a Blockchain Computer

Unconfirmed: Insights and Analysis From the Top Minds in Crypto
Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: Laura is a nocoiner.
Top Episodes:
To the Moon and Back With Polychain’s Olaf Carlson-Wee
Don Wilson of DRW Holdings on What’s Been Driving 2018’s Crypto Downturn
Hu Liang of Omniex on What Institutional Players Are Planning to Do in Crypto

The Unhashed Podcast
Unhashed breaks down the latest in Bitcoin news and developments and puts them into terms everyone can understand. Expect to be both entertained and educated about cryptocurrencies and blockchain. How do hardware wallets work and do they really keep you safe? Which crypto exchanges pose the greatest risk to the bitcoin ecosystem? Does Litecoin help or hinder bitcoin development? Expect the answers to these and many other questions from the Unhashed professionals offering different perspectives to all the blockchain issues you care about!
Top Episodes:
The Very Rich, Very Patient Binance Hacker
Bitcoin Goes High Fidelity
Initiating Unhash

The Scoop
The Block’s team, led by Frank Chaparro, draw out the freshest and deepest insights about digital assets from traditional Wall Street, crypto native, Fortune 500 and many other crypto ecosystem leaders. It’s light, fun and informative brain food!
Top Episodes:
A Conversation with Mark Yusko, CEO and CIO of Morgan Creek Capital Management
A Conversation with Stephen Palley, Partner at Anderson Kill
A Conversation with Emilie Choi, VP Business and Data, Coinbase

Base Layer
Base Layer with host David Nage will be providing insights from founders and investors in the base layer of cryptoassets. Simplifying complex projects and the technology being developed, from interoperability to relayers and more — who is building the future, why are they and how are they doing it.
Top Episodes:
Base Layer Episode 028 — Zaki Manian (SkuChain, Cosmos, Tendermint)
Base Layer Episode 026 — Diogo Monica (Co — Founder, Anchorage)
Base Layer Episode 032 — Alexander Skidanov (NEAR)

Blockchain Innovation: Interviewing The Brightest Minds In Blockchain
Blockchain Innovation is where host Frederick Munawa interviews the brightest minds in Blockchain and cryptocurrency — entrepreneurs, executives, and top academics — to discuss present and future applications of Blockchain Technology. Why? To determine how Blockchain can be used to increase profits, cut costs, and disrupt traditional industries and business models — so you can borrow their strategies, tools, and tactics for your own success. Join Frederick every Tuesday to learn how the brightest minds in Blockchain are pushing the envelope with Initial Coin Offerings (ICOs) and token sales, public blockchains, private blockchains, Bitcoin, Ethereum, Hyperledger, smart contracts, and much more.
Top Episodes:
Why Bitcoin Should Hard Fork With Roger Ver
How Blockchain Assets Are Changing The World With Erik Voorhees
Blockchain Meets Artificial Intelligence with Dr. Ben Goertzel

Blockchain Insider
Blockchain Insider, hosted by Simon Taylor and Colin Platt is a dedicated podcast specializing in Bitcoin, Blockchain and distributed ledger technology (DLT). Simon and Colin break down the week’s news with expertise and enthusiasm for the blockchain and digital currency sector. Since the price of Bitcoin has rocketed, and Bitcoin, Ethereum and Litecoin have become household names, Blockchain Insider has charted their rise in a way that’s accessible to new listeners.
Top Episodes:
Ep. 42. Santander Makes Ripples and Charles Hoskinson Shares His Vision of Cardano
Ep. 27. XRP’s Ripple effect and Blockchain use cases
Ep. 43. Sexism in Crypto, Pornhub takes Verge, and Binance Denies the Dollar

Let’s Talk Crypto
Have you ever heard of digital currencies like bitcoin, ethereum, and buzzwords like blockchain, cryptocurrencies and mining? Don’t know what it all means or how to get started? Let’s Talk Crypto with Barry Moore and Tom Galeski breaks it all down in easy to understand terms and helps you “learn and earn” in the age of cryptocurrencies.
Top Episodes:
006: Altcoins
017: Fiat & Crypto
010: Proof of Work vs. Proof of Stake

Blockchain 2025
Blockchain is a technology that will disrupt nearly every industry. Host Matt Aaron and Blake Moore explore one industry in every episode. How will blockchain change art, music, or online advertising? What projects are already underway? Listen & find out.
Top Episodes:
Online Ads — Publishers and Advertisers vs. Centralized Platforms
Music Biz — Can Artists Have More Money + Freedom?
Crypto Debit Cards — A Bridge to the Future? TenX, Monaco, Comit

IBM Blockchain Pulse
Host and blockchain-evangelist Matt Hooper engages with the planet’s most dynamic blockchain thought-leaders, explorers and innovators to discover the countless new ways blockchain is leaping from theory to reality: From entertainment to identity, from payments to secure supply-chain transparency.
Top Episodes:
Making Cross-Border Payments Seamless — IBM Blockchain and Stellar’s Collaboration That is Bringing Commercial Payments to the Financial World
A Blockchain Origin Story and Enabling Complete Ownership With Blockchain
The Future of Protecting Your Wallet and Identity: Blockchain Identity and Digital Credentials, with Adam Gunther and Drummond Reed

Messari’s Unqualified Opinions
Unqualified Opinions is a podcast hosted by Messari’s CEO Ryan Selkis featuring candid, fast-paced interviews with crypto’s top builders and investors.
Top Episodes:
Bill Barhydt, CEO & Founder of Abra
Anthony Pompliano, Founder at Morgan Creek Digital
Unlock Protocol CEO Julien Genestoux
submitted by RndmWrdCombntn to podcasts [link] [comments]

Crypto Analysts Take Bullish Stance Even With 33-Percent BTC Corrections

Crypto Analysts Take Bullish Stance Even With 33-Percent BTC Corrections

Despite the BTC devaluation of over 30% during the last month, the BTC value perspectives remain bullish
The early 2019 Bitcoin shift mirrors the trend of the cryptocurrency during Q4 of 2017, when Bitcoin reached its all-time high of nearly $20,000, claim crypto analysts. They explain that the latest price drops are perceived as temporary fallouts. Despite the BTC devaluation of over 30% during the last month, the BTC value perspectives remain bullish.
One of the bullish theories assumes strong support zones at the $9,000 and $8,500 levels. Traders expect Bitcoin to drop even further – below $8,000, before climbing back up in the 5-digit sector.
The main reason, according to analysts, is the transfer of Bitcoin from an exchange medium to value storing currency. The amount of dormant wallet addresses reaches an all-time high, even amid price decreases.
Coin Metrics published a report, stating that addresses with unchanged Bitcoin amounts from 180 days to two years reached 21-percent of all Bitcoin wallets. The results indicate that more and more users are finding Bitcoin as a „safe haven“ for their funds, rather than using the cryptocurrency as a virtual exchange medium. However, the all-time high may be caused due to forgotten Bitcoin addresses, due to the online nature of Bitcoin. Tuur Demeester, the founding partner of Adamant Capital, stated that 2 to 5 years for Bitcoin to stay at one spot without selling it is a very long time. Most likely, the fund is being lost or forgotten over time.
Coin Metric’s graph, however, showed a significant increase in the number of unmoved Bitcoins in the six-month and year-long marks.
Another big bullish theory is that miner capitulations (when miners find mining a BTC more expensive, as Bitcoin’s price swings downwards) have a close relation with price and difficulty adjustments. PlanB, one of the prominent crypto analysts, took his time to render a graphic to display that as price drops, miners do a “sell-out” on their BTC holdings, and difficulty level adjusts due to the lack of computing power. Right after the sell-out, Bitcoin skyrockets, making up for the lost ground. PlanB also noted that nowadays it takes much more capital to raise prices that high, just by investing in Bitcoin, as it was in 2011.
Another popular crypto analyst – Filb Filb, also took a bullish stance on Bitcoin. He clarifies that despite the correction it’s nearly impossible for BTC to hit it’s 2019 low - $3,120. Filb also takes into consideration the fact that miners are selling their newly-mined coins, just like they did in 2018.
“Only those who adapt to the situation continue to mine. Others get eliminated”, Filb said in an interview.
Filb joins PlanB and other bullish crypto analysts, as they forecast that Bitcoin would keep its position close to $10,000, before spiking up in the +$20,000 area. The reason for their forecasts is that the pre-halving stage of Bitcoin commences and before halving prices usually increase (halving is when the price for mining a block of Bitcoin drops with 50%).
As of press time, the world’s #1 cryptocurrency is trading at $9,493.71, with 64,5% dominance over other cryptocurrencies and $169 415 431 335 in market capitalization.
submitted by Crypto_Browser to u/Crypto_Browser [link] [comments]

A list and reviews of some good bitcoin podcasts

I must have listened hundreds of hours to bitcoin podcasts this year and wanted to share some of my favourite ones. Hopefully it will be helpful for someone to decide with the allocation of their precious time, so here are my recommendations, in no particular order.
Blockdigest - a bi-weekly podcast, with focus on current events in the space. Most of the knowledgeable and ethical people around; no ads, no sponsors, no bs. The downside is that the format is a bit hard to digest (heh, get it?), as the videos are quite long (2-3h), covering many topics in depth, sometimes relapsing into rants and namecalling. But this comes with their "grassroots" approach (they featured u/nopara73, Wasabi wallet creator, many times, as well as other privacy oriented topics), and I have learned a lot from these guys and girls over time, and Janine deserves a special shout out for her journalistic ethics and vigour, continuing to call out many faulty practices in her work field.
YouTube channel
Tales From The Crypt - "what's up you freaks, it's your boy Marty Bent!". I like the relaxed, fun, but inquisitive style of the host, having beers/whisky with his guests, making them feel comfortable while grilling them with good questions. The selection of guests is great, too (Matt Corallo, Nic Carter, Hasufly, Jack Mallers, Pierre Rochard etc etc)! The host also has a "Weekly Recap" series as part of the podcast, as well as a daily (!) newsletter with recap of the daily stuff from the bitcoin space.
WhatBitcoinDid - Peter (the host) attracted the wrath of bitcoiners by interviewing Craig "Faketoshi" Wright earlier this year without being able to challenge him enough on the technical side. But he seems to be driven by genuine curiosity, desire to learn and an open mind, which became evident with the progression of his podcast, the guest selection and the kind of discussions that have been had on his show. I like his approach to actually travel to his guests to interview them, so thumbs up for the effort. It was fun to observe him starting from a point of "zero knowledge" and advance to a full-blown bitcoin maximalist (well, almost!) by gaining understanding of how bitcoin works. One of my favourite episodes are the one with Tuur Demeester and Nic Carter. Guests like Adam Back, Giacomo Zucco, but also non-bitcoin guests like Hester Pierce (SEC commissioner), Grin's/Mimblewible dev Michael Gordner etc.
Noded - Bitcoin maximalism to the.. maximum. It might surprise you though that the views are actually quite balanced and not at all without critical, adversarial thoughts on bitcoin. The CVE-2018–17144 bug (inflation bug in the Bitcoin Core software) got extensive, critical coverage (a whole episode w/ John Newbery as a guest) and the views and questions of the hosts are much more nuanced and critical than the term "maximalist" might suggest. Guest list is comprised of devs like Rusty Russel, Christian Decker, Matt Corallo and "hardcore" bitcoiners like Murad Mahmudov. People with knowledge, low time preference, skin in the game and deeply rooted in the bitcoin space.
Stephan Livera Podcast - another "grassroots" podcast, mainly focused on people from the developer and building space. Incredible work ethic of Stephan, suddenly coming out of nowhere and then bringing out a podcast almost every day, although it seems to have slowed down a lot recently. Guests like Justin Moon (creator of the "BUIDL bootcamp"), Rene Pickhardt (Lightning dev/buildeeducator), Samourai wallet dev etc.
Tone Vays - probably no description necessary. Tone has been in the space for many years now, not afraid to call a bear market when everyone is a bull (and vice versa). Impressive dedication to shill his ref links in the beginning of each video, but we allow it for all the dedication to his youtube channel over the years. Not a podcast to go for technical information on bitcoin, but if you're into readings of those candles, those magic nines and things like that, it's a good podcast with some entertainment value and a good track record of staying scam-free. On that note, also check out Tone's CryptoScam series, where he analyzes various altcoins with guests like Peter Todd, StopAndDecrypt, Paul Storzc etc.
Cryptoconomy- a guy with a pleasant voice reads out (and comments on) some of the most important articles in the bitcoin space (by Nick Szabo, f.ex). If you don't like reading long articles, this might be the podcast for you.
submitted by TheGreatMuffin to Bitcoin [link] [comments]

Is the Cryptocurrency Bear Market Over?

After months of constant downward price action, many well-respected cryptocurrency analysts are taking to Twitter and social media to say why they believe the bear market is officially over.
Willy Woo is a well-known cryptocurrency twitter account and posted some reasons why he the suspect’s end of the crypto winter could be in. Woo initially commented on how Bitcoin just crossed the 200 Day moving average for the first time in a while.
In Bitcoin’s 10+ years of history, after crossing the 200 Day moving average for an extended period of time (around 6–8 weeks) it has gone on to make new highs. While the trader has not fully ruled out the end of the bear market, it’s certainly a promising sign to see Bitcoin cross the hard resistance of the moving average.
Another sign that Woo is looking out for, is the pick up of Bitcoin transaction volume. This is typically measured by something called NVT (Network Value to Transactions Ratio). To get scientific, this is calculated by taking the asset market cap (in this case Bitcoin) divided by all of the transaction volume on the blockchain. This is a fundamental analysis signal and something we discussed in a prior post.
Another prominent figure in the cryptocurrency space Thomas Lee from Fundstrat also believes that the bear market is over. In Lee’s tweet, he highlights 13 reasons why we could be on our way up. One of the resources he mentions is Tuur Demeester’s Adamant Capital report. In the report, Demeester highlights some of the long term Bitcoin wallets have entered an accumulation phase.
From a fundamental analysis viewpoint, there’s near endless news that’s hinting towards more adoption of Bitcoin and cryptocurrency. There’s another ETF application that will be ruled on in the next few days, Fidelity is launching their own cryptocurrency investment service, and Bakkt is on its way.
While these cryptocurrency influencers aren’t necessarily correct, it’s a promising sign to see some of the top minds in the space agree. In addition, we have plenty of infrastructure on the way supporting institutional and retail adoption. Do you think that the bear market is officially over? Let us know in the comment section!
submitted by Cedexofficial to u/Cedexofficial [link] [comments]

NANO weekend summary (14)

May 12, 2018
This is the follow-up on https://www.reddit.com/nanocurrency/comments/8hnoak/nano_weekend_summary_13_the_real_one
And now, before we go to our live cam, let's please switch to our foreign correspondent Beto Silver in Brasil. Beto, you cover NANO in Latin America's biggest country, reaching out to over 208 million people. How has NANO been doing over there this week? Please give us your weekly report:
Info.Nano #66 - Port/Brazilian, https://medium.com/@betosilveinfo-nano-66-a2b1dc9cfd32
Thank you very much, Beto!
And now, in order to fully grasp NANO's current status after this eventful week we are turning to the live broadcast coming in from our RNN
Have a joyful weekend, everyone!
submitted by Koba7 to nanocurrency [link] [comments]

Subreddit Stats: btc posts from 2019-05-28 to 2019-06-07 10:40 PDT

Period: 10.34 days
Submissions Comments
Total 850 14116
Rate (per day) 82.22 1245.55
Unique Redditors 440 1828
Combined Score 26564 50495

Top Submitters' Top Submissions

  1. 3690 points, 33 submissions: MemoryDealers
    1. Brains..... (420 points, 94 comments)
    2. The first trade has already happened on Local.bitcoin.com! (193 points, 67 comments)
    3. China is already leading the way with the most trades done on local.bitcoin.com, followed by India. We really are helping free the world! (192 points, 58 comments)
    4. More than 100 BCH has been raised in just a few days to help support BCH protocol development! (180 points, 63 comments)
    5. The Bitcoin Cash Protocol Development Fund has already raised more than 10% of its goal from 467 separate transactions!!! (180 points, 58 comments)
    6. Local.bitcoin.com (159 points, 80 comments)
    7. The BCH miners are good guy heroes! (152 points, 161 comments)
    8. The Bitcoin.com YouTube channel just pased 25K subscribers (147 points, 19 comments)
    9. Ways to trigger a BTC maximalist: Remind them that because they didn't increase the block size, fees will eventually climb to dumb levels again. This will put brakes on it's bull trend, and funnel cash into alts instead. (141 points, 107 comments)
    10. Why more and more people are switching from BTC to BCH (137 points, 193 comments)
  2. 1561 points, 20 submissions: money78
    1. "Not a huge @rogerkver fan and never really used $BCH. But he wiped up the floor with @ToneVays in Malta, and even if you happen to despise BCH, it’s foolish and shortsighted not to take these criticisms seriously. $BTC is very expensive and very slow." (261 points, 131 comments)
    2. Jonathan Toomim: "At 32 MB, we can handle something like 30% of Venezuela's population using BCH 2x per day. Even if that's all BCH ever achieved, I'd call that a resounding success; that's 9 million people raised out of poverty. Not a bad accomplishment for a hundred thousand internet geeks." (253 points, 180 comments)
    3. CEO of CoinEx: "CoinEx already add SLP token solution support. The first SLP token will list on CoinEx Soon. Also welcome apply to list SLP tokens on CoinEx." (138 points, 18 comments)
    4. "While Ethereum smart contracts have a lot more functionality than those in Bitcoin Cash, with the upcoming CashScript we've tried to replicate a big part of the workflow, hopefully making it easier for developers to engage with both of these communities. Check it out 🚀" (120 points, 35 comments)
    5. Bitcoin ABC 0.19.7 is now available! This release includes RPC and wallet improvements, and a new transaction index database. See the release notes for details. (104 points, 5 comments)
    6. Vin Armani: "Huge shout out to the @BitcoinCom wallet team! I just heard from a very authoritative source that multi-output BIP 70 support has been successfully tested and will be in a near-term future release. Now, the most popular BCH wallet will support Non-Custodial Financial Services!" (88 points, 23 comments)
    7. BSV folks: Anything legal is good...We want our coin to be legal! (79 points, 66 comments)
    8. BCH fees vs BTC fees (78 points, 85 comments)
    9. "This @CashShuffle on BCH looks awesome. The larger blocksize on BCH allows for cheap on-chain transactions. @CashShuffle leverages this in a very creative way to gain privacy. Ignoring the tribalism, it's fascinating to watch BCH vs. BTC compete in the marketplace." (77 points, 3 comments)
    10. Bitcoin Cash the best that bitcoin can be...🔥💪 (60 points, 9 comments)
  3. 1413 points, 18 submissions: Egon_1
    1. "The claim “Bitcoin was purpose-built to first be a Store of Value” is false. In this article I've posting every single instance I could find across everything Satoshi ever wrote related to store of value or payments. It wasn't even close. Payments win." (299 points, 82 comments)
    2. The Art of Rewriting History ... File this under Deception! (184 points, 69 comments)
    3. Today's Next Block Fee: BTC ($3.55) and BCH ($0.00). Enjoy! (120 points, 101 comments)
    4. Andreas Brekken: "The maxi thought leaders have a ⚡in their username but can't describe a bidirectional payment channel. Ask questions? They attack you until you submit or leave. Leave? You're a scammer....." (115 points, 11 comments)
    5. Tone Vays: "So I will admit, I did terrible in the Malta Debate vs @rogerkver [...]" (107 points, 95 comments)
    6. This Week in Bitcoin Cash (96 points, 10 comments)
    7. “There was no way to win that debate. Roger came armed with too much logic and facts.” (78 points, 1 comment)
    8. BTC supporter enters a coffee shop: "I like to pay $3 premium security fee for my $4 coffee ☕️" (64 points, 100 comments)
    9. Matt Corallo: "... the worst parts of Bitcoin culture reliably come from folks like @Excellion and a few of the folks he has hired at @Blockstream ..." (63 points, 43 comments)
    10. Angela Walch: "Is there a resource that keeps an up-to-date list of those who have commit access to the Bitcoin Core Github repo & who pays them for their work on Bitcoin? In the past, getting this info has required digging. Is that still the case? " (57 points, 5 comments)
  4. 852 points, 11 submissions: jessquit
    1. PSA: BTC not working so great? Bitcoin upgraded in 2017. The upgraded Bitcoin is called BCH. There's still time to upgrade! (185 points, 193 comments)
    2. Nobody uses Bitcoin Cash (178 points, 89 comments)
    3. Yes, Bitcoin was always supposed to be gold 2.0: digital gold that you could use like cash, so you could spend it anywhere without needing banks and gold notes to make it useful. So why is Core trying to turn it back into gold 1.0? (112 points, 85 comments)
    4. This interesting conversation between Jonathan Toomim and @_drgo where jtoomim explains how large blocks actually aren't a centralization driver (89 points, 36 comments)
    5. This Twitter conversation between Jonathan Toomim and Adam Back is worth a read (75 points, 15 comments)
    6. In October 2010 Satoshi proposed a hard fork block size upgrade. This proposed upgrade was a fundamental factor in many people's decision to invest, myself included. BCH implemented this upgrade. BTC did not. (74 points, 41 comments)
    7. what do the following have in common: Australia, Canada, USA, Hong Kong, Jamaica, Liberia, Namibia, New Zealand, Singapore, Taiwan, Caribbean Netherlands, East Timor, Ecuador, El Salvador, the Federated States of Micronesia, the Marshall Islands, Palau, Zimbabwe (47 points, 20 comments)
    8. Core myth dispelled: how Bitcoin offers sovereignty (45 points, 65 comments)
    9. Satoshi's Speedbump: how Bitcoin's goldlike scarcity helps address scaling worries (25 points, 9 comments)
    10. Greater Fool Theory (14 points, 13 comments)
  5. 795 points, 7 submissions: BitcoinXio
    1. Erik Voorhees on Twitter: “I wonder if you realize that if Bitcoin didn’t work well as a payment system in the early days it likely would not have taken off. Many (most?) people found the concept of instant borderless payments captivating and inspiring. “Just hold this stuff” not sufficient.” (297 points, 68 comments)
    2. On Twitter: “PSA: The Lightning Network is being heavily data mined right now. Opening channels allows anyone to cluster your wallet and associate your keys with your IP address.” (226 points, 102 comments)
    3. Shocking (not): Blockstream has had a hard time getting business due to their very bad reputation (73 points, 25 comments)
    4. While @PeterMcCormack experiments with his #LightningNetwork bank, waiting over 20 seconds to make a payment, real P2P #Bitcoin payments have already arrived on #BitcoinCash. (66 points, 94 comments)
    5. This is what we’re up against. Mindless sheep being brain washed and pumping Bitcoin (BTC) as gold to try to make a buck. (56 points, 29 comments)
    6. Tuur Demeester: “At full maturity, using the Bitcoin blockchain will be as rare and specialized as chartering an oil tanker.” (54 points, 61 comments)
    7. ‪Bitcoin Cash 101: What Happens When We Decentralize Money? ‬ (23 points, 2 comments)
  6. 720 points, 2 submissions: InMyDayTVwasBooks
    1. A Reminder Why You Shouldn’t Use Google. (619 points, 214 comments)
    2. 15 Years Ago VS. Today: How Tech Scales (101 points, 53 comments)
  7. 485 points, 15 submissions: JonyRotten
    1. Cashscript Is Coming, Bringing Ethereum-Like Smart Contracts to Bitcoin Cash (96 points, 6 comments)
    2. Localbitcoins Removes In-Person Cash Trades Forcing Traders to Look Elsewhere (86 points, 26 comments)
    3. Bitcoin.com's Local Bitcoin Cash Marketplace Is Now Open for Trading (48 points, 22 comments)
    4. Report Insists 'Bitcoin Was Not Purpose-Built to First Be a Store of Value' (48 points, 8 comments)
    5. BCH Businesses Launch Development Fund for Bitcoin Cash (36 points, 1 comment)
    6. Another Aspiring Satoshi Copyrights the Bitcoin Whitepaper (31 points, 0 comments)
    7. Bitcoin Cash and SLP-Fueled Badger Wallet Launches for iOS (27 points, 0 comments)
    8. Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid (26 points, 0 comments)
    9. Former Mt Gox CEO Mark Karpeles Announces New Blockchain Startup (25 points, 25 comments)
    10. Mixing Service Bitcoin Blender Quits After Bestmixer Takedown (23 points, 7 comments)
  8. 426 points, 2 submissions: btcCore_isnt_Bitcoin
    1. Ponder the power of propaganda, Samson Mow, Adam Back and Greg Maxwell all know how import control of bitcoin is. (394 points, 98 comments)
    2. How many Bitcoin Core supporters does it take to change a light bulb? (32 points, 35 comments)
  9. 369 points, 3 submissions: where-is-satoshi
    1. Currently you must buy 11,450 coffees on a single Lightning channel to match the payment efficiency of Bitcoin BCH - you will also need to open an LN channel with at least $47,866 (230 points, 173 comments)
    2. North Queensland's Beauty Spot finds Bitcoin BCH a thing of beauty (74 points, 6 comments)
    3. Can't start the day without a BCHinno (65 points, 9 comments)
  10. 334 points, 5 submissions: AD1AD
    1. You Can Now Send Bitcoin Cash to Mobile Phones in Electron Cash Using Cointext! (132 points, 32 comments)
    2. Merchants are Dropping Multi-Coin PoS for One Cryptocurrency: Bitcoin Cash (73 points, 21 comments)
    3. A Stellar Animated Video from CoinSpice Explaining how CashShuffle Works Under the Hood! (67 points, 10 comments)
    4. If you haven't seen the "Shit Bitcoin Cash Fanatics Say" videos from Scott Rose (The Inspirational Nerd), YOU NEED TO DO IT NOWWW (50 points, 7 comments)
    5. New Video from Bitcoin Out Loud: "Can You Store Data on the Bitcoin Blockchain?" (Spoiler: Not really.) (12 points, 10 comments)
  11. 332 points, 6 submissions: eyeofpython
    1. I believe the BCH denomination is the best (in contrast to bits, cash and sats), if used with eight digits & spaces: 0.001 234 00 BCH. This way both the BCH and the satoshi amount is immediately clear. Once the value of a satoshi gets close to 1¢, the dot can simply be dropped. (112 points, 41 comments)
    2. Only after writing more BCH Script I realized how insanely usefull all the new opcodes are — CDS and those activated/added back in May '18. Kudos to the developers! (104 points, 22 comments)
    3. CashProof is aready so awesome it can formally prove all optimizations Spedn uses, except one. Great news for BCH smart contracts! (51 points, 6 comments)
    4. Proposal for a new opcode: OP_REVERSE (43 points, 55 comments)
    5. My response on your guy's critisism of OP_REVERSE and the question of why the SLP protocol (and others) don't simply switch to little endian (20 points, 25 comments)
    6. random post about quantum physics (both relevant and irrelevant for Bitcoin at the same time) (2 points, 11 comments)
  12. 322 points, 6 submissions: unitedstatian
    1. BCH is victim to one of the biggest manipulation campaigns in social media: Any mention of BCH triggered users instantly to spam "BCASH".. until BSV which is a BCH fork and almost identical to it pre-November fork popped out of nowhere and suddenly social media is spammed with pro-BSV posts. (131 points, 138 comments)
    2. LocalBitcoins just banned cash. It really only goes to show everything in the BTC ecosystem is compromised. (122 points, 42 comments)
    3. The new narrative of the shills who moved to promoting bsv: Bitcoin was meant to be government-friendly (33 points, 138 comments)
    4. Hearn may have been the only sober guy around (21 points, 29 comments)
    5. PSA: The economical model of the Lightning Network is unsound. The LN will support different coins which will be interconnected and since the LN tokens will be transacted instead of the base coins backing them up their value will be eroded over time. (14 points, 8 comments)
    6. DARPA-Funded Study Looks at How Crypto Chats Spread on Reddit (1 point, 0 comments)
  13. 313 points, 8 submissions: CreativeName44
    1. Venezuela Hidden Bitcoin Cash paper wallet claimed with 0.17468 BCH! Congrats to the one who found it! (80 points, 0 comments)
    2. Alright BCH Redditors, Let's make some HUGE noise!! Announcing The NBA finals Toronto Raptors Hidden BCH Wallet!! (60 points, 9 comments)
    3. FindBitcoinCash gaining traction around the world - Calling out to Bitcoin Cashers to join the fun!! (41 points, 0 comments)
    4. The Toronto Raptors Bitcoin Cash Wallet has been hidden: Address qz72j9e906g7pes769yp8d4ltdmh4ajl9vf76pj0v9 (PLS RT - Some local media tagged on it) (39 points, 0 comments)
    5. This is the next BitcoinCash wallet that is going to be hidden, hopefully REALLY soon! (36 points, 13 comments)
    6. Bitcoin Cash Meetups From Around the World added to FindBitcoinCash (25 points, 0 comments)
    7. FindBitcoinCash Wallets in other languages English/Spanish/Lithuanian/Swedish/Korean (20 points, 18 comments)
    8. Thank you for a great article!! (12 points, 0 comments)
  14. 312 points, 1 submission: scriberrr
    1. WHY? (312 points, 49 comments)
  15. 311 points, 4 submissions: Anenome5
    1. Libertarian sub GoldandBlack is hosting a free, live online workshop about how to setup and use Electron Cash on Sat 1st June via discord, including how to use Cashshuffle, with a Q&A session to follow. All are invited! (119 points, 40 comments)
    2. For anyone who still hasn't seen this, here is Peter Rizun and Andrew Stone presenting their research on how to do 1 gigabyte blocks, all the way back in 2017 at the Scaling Bitcoin Conference. The BTC camp has known we can scale bitcoin on-chain for years, they just don't want to hear it. (92 points, 113 comments)
    3. @ the trolls saying "No one uses Bitcoin Cash", let's look at the last 60 blocks... (72 points, 84 comments)
    4. Research Reveals Feasibility of 1TB Blocks, 7M Transactions per Second (28 points, 22 comments)
  16. 293 points, 2 submissions: BeijingBitcoins
    1. /Bitcoin mods are censoring posts that explain why BitPay has to charge an additional fee when accepting BTC payments (216 points, 110 comments)
    2. Meetups and adoption don't just happen organically, but are the result of the hard work of passionate community members. There are many others out there but these girls deserve some recognition! (77 points, 9 comments)
  17. 282 points, 1 submission: EddieFrmDaBlockchain
    1. LEAKED: Attendee List for Buffet Charity Lunch (282 points, 98 comments)
  18. 273 points, 4 submissions: HostFat
    1. Breakdown of all Satoshi’s Writings Proves Bitcoin not Built Primarily as Store of Value (159 points, 64 comments)
    2. Just to remember - When you are afraid that the market can go against you, use the state force. (48 points, 5 comments)
    3. CypherPoker.JS v0.5.0 - P2P Poker - Bitcoin Cash support added! (35 points, 3 comments)
    4. Feature request as standard for all bch mobile wallets (31 points, 12 comments)
  19. 262 points, 3 submissions: CaptainPatent
    1. Lightning Network capacity takes a sudden dive well below 1k BTC after passing that mark back in March. (97 points, 149 comments)
    2. Yeah, how is it fair that Bitpay is willing to eat a $0.0007 transaction fee and not a $2+ transaction fee?! (89 points, 59 comments)
    3. BTC Fees amplified today by last night's difficulty adjustment. Current (peak of day) next-block fees are testing new highs. (76 points, 59 comments)
  20. 262 points, 1 submission: Badrush
    1. Now I understand why Bitcoin Developers hate on-chain solutions like increasing block sizes. (262 points, 100 comments)

Top Commenters

  1. jessquit (2337 points, 242 comments)
  2. LovelyDay (1191 points, 160 comments)
  3. Ant-n (1062 points, 262 comments)
  4. MemoryDealers (977 points, 62 comments)
  5. jtoomim (880 points, 108 comments)
  6. 500239 (841 points, 142 comments)
  7. jonald_fyookball (682 points, 86 comments)
  8. ShadowOfHarbringer (672 points, 110 comments)
  9. money78 (660 points, 41 comments)
  10. playfulexistence (632 points, 76 comments)
  11. Bagatell_ (586 points, 72 comments)
  12. Big_Bubbler (552 points, 196 comments)
  13. homopit (551 points, 79 comments)
  14. Anenome5 (543 points, 130 comments)
  15. WippleDippleDoo (537 points, 111 comments)
  16. MobTwo (530 points, 52 comments)
  17. FalltheBanks3301 (483 points, 87 comments)
  18. btcfork (442 points, 115 comments)
  19. chainxor (428 points, 71 comments)
  20. eyeofpython (425 points, 78 comments)

Top Submissions

  1. A Reminder Why You Shouldn’t Use Google. by InMyDayTVwasBooks (619 points, 214 comments)
  2. Brains..... by MemoryDealers (420 points, 94 comments)
  3. Ponder the power of propaganda, Samson Mow, Adam Back and Greg Maxwell all know how import control of bitcoin is. by btcCore_isnt_Bitcoin (394 points, 98 comments)
  4. WHY? by scriberrr (312 points, 49 comments)
  5. "The claim “Bitcoin was purpose-built to first be a Store of Value” is false. In this article I've posting every single instance I could find across everything Satoshi ever wrote related to store of value or payments. It wasn't even close. Payments win." by Egon_1 (299 points, 82 comments)
  6. Erik Voorhees on Twitter: “I wonder if you realize that if Bitcoin didn’t work well as a payment system in the early days it likely would not have taken off. Many (most?) people found the concept of instant borderless payments captivating and inspiring. “Just hold this stuff” not sufficient.” by BitcoinXio (297 points, 68 comments)
  7. LEAKED: Attendee List for Buffet Charity Lunch by EddieFrmDaBlockchain (282 points, 98 comments)
  8. Now I understand why Bitcoin Developers hate on-chain solutions like increasing block sizes. by Badrush (262 points, 100 comments)
  9. "Not a huge @rogerkver fan and never really used $BCH. But he wiped up the floor with @ToneVays in Malta, and even if you happen to despise BCH, it’s foolish and shortsighted not to take these criticisms seriously. $BTC is very expensive and very slow." by money78 (261 points, 131 comments)
  10. Jonathan Toomim: "At 32 MB, we can handle something like 30% of Venezuela's population using BCH 2x per day. Even if that's all BCH ever achieved, I'd call that a resounding success; that's 9 million people raised out of poverty. Not a bad accomplishment for a hundred thousand internet geeks." by money78 (253 points, 180 comments)

Top Comments

  1. 109 points: mossmoon's comment in Now I understand why Bitcoin Developers hate on-chain solutions like increasing block sizes.
  2. 104 points: _degenerategambler's comment in Nobody uses Bitcoin Cash
  3. 96 points: FreelanceForCoins's comment in A Reminder Why You Shouldn’t Use Google.
  4. 94 points: ThomasZander's comment in "Not a huge @rogerkver fan and never really used $BCH. But he wiped up the floor with @ToneVays in Malta, and even if you happen to despise BCH, it’s foolish and shortsighted not to take these criticisms seriously. $BTC is very expensive and very slow."
  5. 91 points: cryptotrillionaire's comment in The Art of Rewriting History ... File this under Deception!
  6. 87 points: tjonak's comment in A Reminder Why You Shouldn’t Use Google.
  7. 86 points: money78's comment in Tone Vays: "So I will admit, I did terrible in the Malta Debate vs @rogerkver [...]"
  8. 83 points: discoltk's comment in "Not a huge @rogerkver fan and never really used $BCH. But he wiped up the floor with @ToneVays in Malta, and even if you happen to despise BCH, it’s foolish and shortsighted not to take these criticisms seriously. $BTC is very expensive and very slow."
  9. 79 points: jessquit's comment in Ways to trigger a Shitcoin influencer Part 1: Remind them that’s it’s very likely they got paid to shill fake Bitcoin to Noobs
  10. 78 points: PaladinInc's comment in The BCH miners are good guy heroes!
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]


This is a reconstruction of the events that took place from the 17th of March up to the 18th of April 2014, surrounding the collapse of Neo & Bee (N&B). Within one month N&B, initially believed by many to be a promising bitcoin start up, vanished from the surface of the earth with its CEO still being on the hide with an arrest warrant issued for him for serious criminal charges.
The timeline is derived from press reports, N&B announcements, Cypriotic police announcements, posts of Danny Brewster on Reddit and Bitcointalk, the post of N&B management team on Reddit and the subsequent AMA session, tweets by Brewster, tweets and posts on Reddit by Tuur Demeester and Andreas Antonopoulos, and other publicly available sources.
September 2013 - February 2014: Brewster raises, through an IPVO in 3 exchanges, approximately 9,400 BTC for LMB Holdings, a UK “virtual entity”.
September 2013 - March 2014: Brewster spends around 4,400 BTC in setting up N&B in Cyprus amidst one of the most aggressive marketing campaigns ever launched by a bitcoin company, with the motto "Who is Neo?”.
On the 24th of February 2014 N&B opens its first branch in Nicosia Cyprus amidst a lot of enthusiasm, with the share price at Havelock almost doubling the IPVO price.
17th March: 6 months have passed since the publication of the original LMB Prospectus (September 2013) and even though investors were promised quarterly financial statements (copy from prospectus: “Quarterly financial statements will be published across all supported platforms where LMB Holdings shares are available to be purchased”), the company has not published a single financial statement. Investors that inquire about this in Reddit and Bitcointalk as early as December 2013, are always reassured by Brewster (“Cryptocyprus”) that the financial information “will be out very soon”. On March 17th, Brewster tweets that all financial information, projections and appendices "will be released later this week".
18th March: Brewster publishes an Updated LMB Prospectus of LMB (v.2.0) against the advice of his management team because, according to a later statement of them, "a lot of content was incorrect". To the surprise of many, the Updated Prospectus does NOT include any historic financial statements for the first 6 months of operations, nor any financial information or projections. Actually it does not include any “accounting or finance items” whatsoever. In spite of the absence of any finance and accounting numbers, on the same day, Tuur Demeester tweets: “The Neo & Bee prospectus is teaching us about the future of finance, so important reading!”. Apart from the "incorrect content", the prospectus includes misrepresentations such as the presentation of PricewaterhouseCoopers as the auditors of the company – copy from Prospectus: “We are also subjecting ourselves to external auditors for added transparency, we are working with Price Waterhouse Coopers (PwC)”. The Prospectus refers to an “advisory board” whose only member is Antonopoulos. The sole member of the Board of Directors is Danny Brewster as no other board members are revealed.
18th March: Brewster tells a member of the management team "we have 5,000 BTC left".
As from March 18th, Brewster, an active user of social media with daily presence for months, goes completely silent and absent from Reddit, Bitcointalk, Facebook and Twitter.
19th March: The next day Brewster shocks the management team by telling them that the 5,000 BTC have…..overnight become only 140! "Actually I thought we had 5,000, but I have checked the wallet and the coins are not there, I spent them somewhere but I don't remember on what.......we have only 140 coins left. I am going to the UK to find investors. I will send you the 140 coins left and also sell my Mercedes and Bentley and will send you the money to pay the March salaries and the creditors".
20th March: Brewster goes to N&B offices for 1 hour. Management team tells Brewster that they want him to step down from CEO. Brewster agrees to step down after transferring control of the company to “investors”, without these investors being identified.
21st March: Brewster goes to N&B offices for 1 hour and then disappears and remains out of contact with anybody from the management team.
21st - 27th March: The Mercedes is reported sold but the funds from the sale and the 140 N&B coins "travel" together with Brewster to the UK, instead of being sent to the management to cover salaries and creditors as promised. The Bentley is reported to be in a car dealership in Nicosia with changed plates, it is unknown whether it has been sold as well with proceeds being taken by Brewster, or whether it is up for sale.
Rumors start spreading on Reddit and Bitcointalk that N&B collapsed and that Brewster ran away with the investors’ coins, leaving behind unpaid employees and around €1M unpaid creditors.
Many members of the bitcoin community, investors etc., reach out to Brewster on social media asking for clarifications. Brewster is nowhere to be found.
Members of the community post on Reddit and Bitcointalk and tweet Demeester, Antonopoulos and N&B asking what the hell is going on. None of them has a clue and no official announcement is made. Some persons visit the branch and find it closed. Other persons call the company and the reply is “leave your details and we will call you back”.
27th March: With Brewster into the hide the management notes "abnormal trading" on the shares of the company on Havelock and the N&B Compliance Officer sends recommendation to Havelock to stop trading of the shares.
28th March: TAT (ThickAsThieves) terminates his contract as pass-through manager for NeoBee shares on Havelock. Havelock suspends trading of NeoBee shares.
Brewster finally makes a contact with the management and says he received a threat for his daughter on the 26th. However, he cannot explain why he disappeared from all social media since the 18th and from the company since the 21st (!). Also strange is the fact that although he claims that the “threat” was for his daughter, he decides that the best course of action is to leave her in Cyprus and him to go into the hide in the UK (!). Brewster says the threats "have been reported to the relevant authorities".
29th March: Management team contacts Cypriotic Police asking about the threats against Brewster. Police says this is the first time they heard about it and no reporting of any threats has been made.
31st March: With Brewster into the hide, the management sends him a demand letter requesting he returns and give explanations regarding his absence in the face of dire problems with the company
2nd April: Brewster posts on Bitcointalk saying staff might be responsible for the threats and that's why he is out of contact with them.
A new shocking assertion comes to light. Even though Brewster publicly and proudly claimed in the last weeks that he did not lose any coins on Mt.Cox as "the signs were there", in his post on Reddit he now claims that he lost coins on Mt.Cox. He also claims that "all bitcoins (raised in the IPVO) are accounted for". Furthermore, he claims that he doesn’t hold any funds/bitcoins that belong to customers: He writes: "I would like to reiterate that ZERO customer funds are under my control" (“capital letters” in ZERO being his emphasis)
4th April Trading of NeoBee shares on Havelock restarts without an explanation whether this was done by Havelock deciding on their own or under instructions from Brewster.
2nd - 15th April: Brewster’s disappearance continues, all employees resign, the offices and the branch close down, and the N&B brand becomes a joke in Cyprus with the media making derisive and derogatory comments "Where is Neo?" (paraphrasing the motto of the marketing campaign "Who is Neo?"). Brewster remains on the hide until news break out that an arrest warrant has been issued by the Cypriotic Police. Police says that Brewster is wanted for criminal charges including theft, forgery, counterfeiting and money laundering and for taking customers' and employees' coins and running away
15th April: Brewster posts for the second time on Reddit saying that although there is an arrest warrant for serious criminal charges he doesn't plan to return to Cyprus soon because he has to...attend a funeral in the UK (!), and that he can clear out all criminal charges whilst being in the UK. Also, in his post on Reddit, he instructs the Cypriotic Police to...pick up their phones and ....open their emails because he calls and emails them for days, and nobody cares to answer him (!). He also hints that “The manner in which the investigations are being carried out are concerning”, implying that the police might have set him up. He admits publicly that even though a threat was made against his daughter, he actually left her in Cyprus and he went into hiding in the UK. Even though on his posting on Bitcointalk on 2 April he reiterated that “ZERO customer funds are under my control", he now admits that he does, in fact, hold the coins of several customers and instructs the customers via the posting on Reddit “to provide me with their addresses so I can arrange for the bitcoins to be sent to them”. In this post a new shocking assertion is now made by Brewster, as he now presents a new excuse for the "lost coins". He now claims that he had sold all company coins that were at his disposal on the date Silk Road was busted (2 October 2013) at low prices and that's why he is now insolvent!
16th April: Official Spokesman of Cypriotic Police says the investigations against Brewster are "in an advanced stage" and does not rule out the issuance of a European or even an International arrest warrant.
18th April: Ex-senior N&B management team posts a detailed statement on Reddit saying "it is appropriate and justified to make the following statement regarding the mistruths and outright lies being fed by Brewster to investors, creditors and the public". Team says that there was never any accountability by Brewster about the money raised in the IPVO, in spite of repeated attempts by CFO and Compliance Officer to extract information from him. Even though Brewster claimed that "every coin can be accounted for", the CFO and the management team say that several thousands of coins "cannot be accounted for". CFO hasn't got a clue about what happened and around 5,000 coins are missing. Brewster said he had them on the 18th but “were lost” on the 19th of March. Later he claimed that they were all sold on 2 October 2013. Management also reveals that there have never been any financial reports or financial statements that were promised on several occasions by Brewster to the investors (in the original prospectus, in the updated prospectus and in social media). Management also reveals that in the prospectus issued on March 18th by Brewster against their advice, "a lot of content was incorrect" and included misrepresentations such as presenting PricewaterhouseCoopers as the auditors of the company. Management also reveals that Brewster took away with him customers' as well as employees' coins, even though Brewster claimed that "ZERO customer funds are under my control".
Tuur Demeester posts on Reddit admitting that “things have taken a dramatic turn for investors and employees with N&B. The gist of it is that CEO Danny Brewster has disappeared, and with him apparently thousands of bitcoins from investors”. Andreas Antonopoulos posts on Reddit stating that “I was as surprised and bewildered by these events…dismayed that another bitcoin company had imploded amidst allegations of fraud and leaving many investors, creditors and employees with serious losses…all of whom betrayed by Danny”.
N&B has collapsed, with thousands of coins missing and unaccounted for. It is revealed that after 6-7 months of operations the company didn’t manage to come up with any product, had zero revenue, and never produced any type of financial statements.
The CEO is still in the hide and wanted by the Cypriotic Police.
submitted by NBFullPicture to Bitcoin [link] [comments]

Bitcoin Core is stopping being a trustless currency

BTC used to be trustless, but this is changing fast.
As fees are expected to increase above $100, the problem is, if you have a wallet with a small amount of BTC, compared with what you would pay in fees, you better cash out (or shall I say, "bcash" out) before the fees are more than the amount in the wallet.
You can always merge that wallet with a larger one, but then you lose privacy. Second layer solutions won't help you in this case because you would need to pay the fees for opening the channel, and you might pay more in fees than what you can transact on the Lightning Network.
If fees rise up to $100 or more, how can you even go to BTC ATMs to withdraw?
If you decide to keep the BTC in that wallet, you will need to trust that the Bitcoin Core developers will eventually solve the situation, so your money isn't stuck in the Bitcoin Core blockchain and you can finally afford to move it. You need to trust that the direction of the Bitcoin Core project stays the same, assuming you agree with the current direction, and that they don't decide to keep fees high forever, or that the Government or another actor doesn't remove them before fixing the high fees, etc.
If the fees stay high forever, or longer than you live, the end result is basically like a confiscation. Satoshi was in favor of allowing at least some transactions without fees at all.
So you need to trust in the developers/institution of Bitcoin Core solving the situation. We need trust again like we did when trusting banks, instead of the promised "trust in math", that is, trustless. With Bitcoin Core we are back at square one.
submitted by gasull to btc [link] [comments]

False claims of ETH shills: more developers / development and other comparisons

Disclaimer: Coins are named only for examples, not praise. All coins have issues and downsides. Focus here is on false claims.
These ones typically come in several flavors:
"More Developers"
There are often claims more developers are working on Ethereum. Github is a great resource for checking that claim and comes out false when compared to BTC, shows huge reduction in early acceleration, and overlooks significant development distributed across hundreds of others cryptocurrencies. [1,2]
"Stalled development [for competition]"
Another claim, often for at least a year aimed at the oldest cryptocurrency bitcoin, are that it "stagnated" or "it can't scale" or "haven't been updated" or "no development" to imply any updates on eth are better than zero on bitcoin. This misrepresents how much work is being done even by core volunteers:
BTC is likely chosen for publicity and easy target with oversimplified metrics, and implies Eth is obvious solution because it can do "more".
When questioned about what more eth can do that can't be done by another method, the best answer the eth core developer could come up with are tokens or multisigs [1] with same conclusion reached by similar platform developers [2]. However, tokens and/or multisigs are available on many platforms before Eth (BTC, XCP, OMNI, BTS, NXT, more) which are often overlooked for comparison. Sometimes tokens are even associated to be invented by Ethereum [1] or inventing smart contracts [1,2] which are both false.
Good example of features on eth roadmap that could be compromised easily are zk-snarks that introduce trusted setups [1].
Features are only objectively described desired or undesired, but generalized praise of extra "features" is misguided as they are not always solving real problems and/or they come with tradeoffs. For example, security risk of a larger attack area and untested tech [1]. More tested builds, more stable builds, or minimized attack surface can be described as a major features by themselves. Additionally, same features can be implemented in different ways providing different levels of security compromises and other tradeoffs, such as smart contracts on main chain (e.g. eth) vs sidechain (e.g. btc-rsk, lisk).
"It's faster, no backlog, lower fees [than competition, usually BTC]"
Once again, saying one is better than the other is subjective and not simple.
Many coins promote fastelarger blocks and "better" scaling ignoring downsides of those decisions. It's often suggested it's not a clear metric, and there's no clear "better".
Why not just make it as fast as possible? Trade-offs.
Simple block increase will have numerous trade-offs and concerns [1,2,3] and comes down to choice and priorities.
Decreasing block time comes with disadvantages and isn't a good metric of speed, could compromise security (e.g. orphans), may require more confirmations to get same level of confidence, and more [1].
Maximum speed capacity varies between blockchain designs and while being a quantitative metric of possible throughput, does not include other trade-offs. Different consensus algorithms and optimizations cause enormous ranges in possible throughput and tradeoffs (e.g. XRP, BTS, STEEM, NEM, WAVES, NXT can operate many orders of magnitude now faster than ETH,BTC, but are they more reliable or secure? We're still learning and debating [1,2,3]).
Blockchain bloat (from increased speed + other data on chain) would disqualify many from being able to check entire history on full nodes. [1,2,3] Blockchain bloat is a major issue with ethereum due to design choices with no solutions (sharding) in near future [1,2,3]. From (2), "TL;DR It's close to impossible to keep a full copy of blockchain and state on consumer hardware."
Backlog can appear on many blockchains and not sign of quality: e.g. 2017-06-20 Around time of Status ICO appeared 4x larger backlog on ETH than BTC while processing transactions at same rate. [1,2,3,4,5,6,7] with more examples possible. They can be created maliciously as one of the attack vectors [1,2].
"Long confirmation times and high fees" are two opposing issues since higher fee causes smaller confirmation time. Median confirmation time for example for BTC has not increased drastically even with backlog. [1]
Fees are often used as one of the methods to prioritize transactions to prevent spam "sibyl" attacks to cause unsustainable growth by making it expensive (most common, but not only solution). For example, median tx fees on eth are higher than bitcoin's were only months prior even while processing less transactions [1].
Sometimes speed and transactions are used as adoption statistics, but it's not as clear due to same users doing many transactions [1] or popular applications using a blockchain [2].
Stability and reliability of a blockchain are often a major tradeoff and a desired feature when talking about value. "Store of value" is often joked about as a simple goal, but while many blockchains have operated successfully for years (e.g. 7-9 years for BTC), ethereum has a strong history of security compromises only months apart [1,2,3,4]. Even more serious is centralization in Ethereum demonstrated clearly in the past, rendering all the other security issues minor by comparison [1,2,3,4] erroneously praised sometimes as ability to update fast instead of via willing consensus. Alternative solutions for fast updates while allowing user input exist in other blockchains but do not even appear on Ethereum roadmap.
"EEA/(Insert company here) is backing Ethereum, (Insert big company here) is building on Ethereum" (again)
They are probably not. Name dropping is becoming common to get others to buy ether coins.
The idea used here is to deceptively call modified clones of a blockchain by same name as the original blockchain to attract more buyers while they have nothing to do with their publicly traded chain, hard to say when on purpose and when due to lack of technical knowledge. That's like calling any blockchain using anything remotely like bitcoin chain also bitcoin, which would be an enormous list. Does that mean people using separate chains are "backing" the original? Don't see why.
Most members are simply getting free code to modify and build their own private chains that have nothing to do with ether fuel you buy. [1,2] Additionally, fundraising using eth token doesn't imply it will use the public Eth chain. Security issues of public Eth chain are a major concern for many companies and projects [1,2]. Most projects are also simply tests and sometimes might use testnet. Additionally, use of EVM is not unique only to public ethereum chain.
TLDR: many of common Eth shill claims are oversimplified and simply incorrect.
[work in progress]
submitted by newweeknewacct to ethereumfraud [link] [comments]

Bitcoin Fees Are Falling Amidst Greater Segwit Adoption

Transaction fees, a bugbear for many in the bitcoin community, are on their way down. Spiraling fees were a contentious issue that reached fever pitch in the twilight of 2017. But with the dawn of a new year, bitcoin has been blessed with reduced fees, set against a backdrop of increased Segwit adoption.
Fees Have Halved from Their December Peak After spending the final quarter of 2017 ramping up, transaction fees on the bitcoin network have finally begun to decline. Bitcoinfees.info indicates an average fee of $15.79 to have a transaction mined within the next six blocks, rising slightly to $16.54 for the next three blocks and $17.29 for the next block. The median withdrawal fee from exchanges such as Bitfinex this week has been closer to $14 however.
While $14-$16 is still more than many people would like to spend, it’s an improvement at least over the $30 bitcoin fees that were reached during December. Estimatefee.com quotes an average of 358 satoshis/byte to move a transaction within the next six blocks. The number of transactions in the mempool waiting to be confirmed is now below 90,000, from a peak of over 115,000 on December 30.
The average cost per transaction in $ has dropped considerably. More Bitcoin Wallets Add Segwit Support In the last 24 hours, Localbitcoins.com and BTC.com have added Segwit support to their wallets. In a blogpost, mining pool and bitcoin wallet provider BTC.com wrote: “As a BTC.com wallet user, you will experience a drop in the transaction fees and faster transaction times when you send bitcoin to another address.” It has now added this functionality to both its mobile and desktop wallets.
Peer-to-peer exchange and online wallet Localbitcoins.com has also followed suit. The site is used extensively in countries as diverse as the Dominican Republic and Poland, and has reached record weekly trading volume of almost $140 million in the US. It will be a while before recent Segwit adoption by wallet providers filters through and impacts upon average bitcoin fees across the network. Segwit adoption is only around 11%, showing there is still a long way to go before the scaling technology nears universal adoption.
As always, the greatest absentee from Segwit is Coinbase, which has yet to formalize plans for introducing the Segregated Witness technology. CEO Brian Armstrong appears to be more interested in experimenting with ethereum Dapp browsers, much to the chagrin of many Coinbase users. Bitcoin pioneer Nick Szabo, meanwhile, has been urging the community to favor Segwit, endorsing a Whalepool tweet listing Segwit wallets.
Segwit adoption is still barely into the double digits. 2018: The Year of Cheaper Fees? Bitcoin fees are likely to remain a hot topic throughout 2018 as efforts to lower the median cost of transacting the decentralized currency intensify. With the Lightning Network now having been successfully tested live, there are hopes that the off-chain scaling solution could be introduced sooner than initially expected, bringing with it the prospect of lower fees for all.
The high cost of sending bitcoin has forced many to look elsewhere, either to bitcoin cash, with its famously low fees, or to other altcoins which can be sent for less than a cent in many cases. In bitcoin’s earliest days, when blocks were empty, it was equally easy to complete low-cost transactions. The cryptocurrency markets are no exception to Metcalfe’s law, however, and should any altcoin start to approach the size of the bitcoin network, it will succumb to the same problem: a growing number of users trying to use a resource that can only process a finite number of transactions per second.
Speaking of laws, prominent bitcoin thinker Tuur Demeester cited Kleiber’s law, which governs the size of the world’s largest cities. Applying it to cryptocurrencies, he tweeted:
If “Bitcoin City” remains the largest of cryptocurrencies, Kleiber’s law suggests that over the long run it will be the ecosystem where resources are allocated in the most efficient way.
Fees and transaction times are still higher than desired, but if Kleiber’s law applies, it’s only a matter of time until the bitcoin metropolis becomes a model in city planning.
Do you think bitcoin fees are still too high? Let us know in the comments section below.
submitted by aesonbitcoin to u/aesonbitcoin [link] [comments]

Subreddit Stats: CryptoMarkets top posts from 2016-06-06 to 2017-06-06 09:10 PDT

Period: 364.73 days
Submissions Comments
Total 997 5060
Rate (per day) 2.73 13.65
Unique Redditors 561 1602
Combined Score 5890 10917

Top Submitters' Top Submissions

  1. 336 points, 46 submissions: boppie
    1. Over 200 Companies expected to join Enterprise Ethereum Alliance (EEA) over the next 2 to 3 months • ethtrader (18 points, 3 comments)
    2. ETH price explosion. Ethereum now most secure blockchain and Flippening >40% (16 points, 8 comments)
    3. Litecoin update - Price of bitcoin’s ‘lite’ brother is soaring as segwit seems imminent (15 points, 7 comments)
    4. As Bitcoin fees rise, OpenBazaar looks at altcoin payments (14 points, 0 comments)
    5. Poloniex Users Suffering From Frozen Accounts, Suspended Withdrawals, and Disabled Markets (14 points, 13 comments)
    6. Are we witnessing " the flippening" unfolding before our eyes right now? (13 points, 21 comments)
    7. Three big crypto-conferences in NYC next week (13 points, 6 comments)
    8. Wells Fargo sued for suspending Bitfinex wire transfers (12 points, 3 comments)
    9. Bitfinex's Problems Pile Up: Deposits Disabled, Withdrawals Delayed (11 points, 4 comments)
    10. ShapeShift is excited to announce that we will reveal the details and demo our new smart contract-powered platform, Prism on May 22nd during Consensus 2017 • ethereum (11 points, 2 comments)
  2. 262 points, 74 submissions: izveniklickov
    1. Litecoin Surges on Segwit Deal (9 points, 5 comments)
    2. Dash Surges by 110 Percent (8 points, 3 comments)
    3. Dash, Ether Double in Price (8 points, 5 comments)
    4. Ether Hits All-Time High (8 points, 1 comment)
    5. Namecoin, Peercoin Add to Gains (7 points, 0 comments)
    6. Peercoin and Namecoin Give Up Some Gains (7 points, 0 comments)
    7. Bitcoin Flatlines, Litecoin Still in Range (6 points, 0 comments)
    8. Bitcoin Pulled Higher, Litecoin Stable (6 points, 3 comments)
    9. Bitcoin Surges on ETF Speculation (6 points, 3 comments)
    10. Bitcoin Tide Lifts All Boats (6 points, 1 comment)
  3. 230 points, 13 submissions: TaaSfund
    1. Ethereum blockchain fund TaaS has built in-house Cryptographic Audit technology to provide transparency into cryptocurrencies investments. (22 points, 3 comments)
    2. Podcast: blockchain fund TaaS co-founders talking about its innovations and advantages. (22 points, 4 comments)
    3. Unbiased review of ethereum blockchain fund TaaS by Mr Ashley Fulks. (22 points, 4 comments)
    4. TaaS fund will cover the entire investment process with Kepler, a Bloomberg-like analytics platform. (21 points, 5 comments)
    5. Ethereum fund TaaS offers its tokens for trading starting April 28, 2017. (18 points, 3 comments)
    6. Legal status for cryptocurrency and competitors team up boost the market. (18 points, 1 comment)
    7. TaaS' speech: co-founder Konstantin Pysarenko at BlockChain Finance & Fintech China 2017, Shanghai. (18 points, 10 comments)
    8. TaaS launched its ICO, offering a new way for investors to participate in cryptocurrencies. (17 points, 3 comments)
    9. Blockchain and Bitcoin round-up: another day, another cryptocurrency. (16 points, 0 comments)
    10. TaaS incorporates Kepler Technologies in Switzerland and appoints Patrick Salm Managing Director (16 points, 0 comments)
  4. 107 points, 10 submissions: twigwam
    1. Ethereum - A Virtual Currency That Enables Transactions that Rival Bitcoins [New York Times] (26 points, 3 comments)
    2. “The Flippening” & How I Learned to Stop Loving Bitcoin (22 points, 0 comments)
    3. Storj to Migrate Decentralized Storage Service to Ethereum Blockchain! (13 points, 0 comments)
    4. Post-Bitcoin Technology Has Geeks, Giants, and Hackers Excited [Bloomberg] (11 points, 1 comment)
    5. Kraken opens Dash trading (9 points, 1 comment)
    6. “I’m not worried about Bitcoin Unlimited, but I am losing sleep over Ethereum” @TuurDemeester (9 points, 5 comments)
    7. Basic Attention Tokens can take Ethereum to the mainstream (8 points, 0 comments)
    8. Reddit's Co-founder is Bullish on ETH (6 points, 0 comments)
    9. Tokenization in the Age of Blockchain (2 points, 1 comment)
    10. Garzik has Flipped! (1 point, 1 comment)
  5. 102 points, 6 submissions: drewshaver
    1. Review of 5 cryptocurrency exchanges -- Poloniex, Bittrex, Kraken, Liqui, and Gemini (64 points, 13 comments)
    2. A brief comparison of hardware wallets Nano S and Trezor (18 points, 11 comments)
    3. A list of the different sectors in crypto and the projects in each, in no particular order (11 points, 10 comments)
    4. Whenever DASH ramps, XMR and SDC ramp about 3-7 days later (4 points, 5 comments)
    5. Just received incredible support from Liqui.io (3 points, 4 comments)
    6. Historically speaking, when BTC/USD rises a lot, do alts generally hold their price or fall against BTC? (2 points, 0 comments)
  6. 98 points, 3 submissions: fomoer
    1. I made almost US$400k overnight. (40 points, 44 comments)
    2. So I've decided to invest US$2 million in a crypto portfolio. (36 points, 104 comments)
    3. $2mil portfolio: An update, and my top three picks this month (22 points, 39 comments)
  7. 77 points, 2 submissions: Mlawless
    1. Hey I should really invest in this crypto stuff everyone's buzzing about (76 points, 18 comments)
    2. What's up with NewYorkCoin and where can I get some (1 point, 5 comments)
  8. 71 points, 1 submission: KalpaX
    1. How to become a Crypto Millionaire in 6 Months or Less (71 points, 40 comments)
  9. 65 points, 5 submissions: homm88
    1. Disclosure of a Major Bug in CryptoNote Based Currencies (Bytecoin, DashCoin, DigitalNote affected) (37 points, 6 comments)
    2. Ethereum for Investors - a must watch for anyone still learning about ETH (10 points, 1 comment)
    3. The Book of Wolong - insight into the mind of a pump-and-dump artist (7 points, 4 comments)
    4. Bitfinex CSO Comments on Litigation Withdrawl (6 points, 0 comments)
    5. The land grab • ethtrader (5 points, 0 comments)
  10. 62 points, 1 submission: devilsadvocado
    1. What are the top 10 cryptocurrencies to invest in over the next 12 months? (62 points, 77 comments)

Top Commenters

  1. boppie (450 points, 192 comments)
  2. KalpaX (152 points, 53 comments)
  3. cryptodude12345 (109 points, 61 comments)
  4. drewshaver (109 points, 49 comments)
  5. ArrayBoy (96 points, 34 comments)
  6. antiprosynthesis (94 points, 34 comments)
  7. isrly_eder (94 points, 28 comments)
  8. CuckedByTRUMP (78 points, 3 comments)
  9. xor2g (72 points, 38 comments)
  10. metaperl (70 points, 46 comments)
  11. Mirved (69 points, 10 comments)
  12. CouvePT (68 points, 13 comments)
  13. Deaf_null (67 points, 15 comments)
  14. rem123lbc (64 points, 61 comments)
  15. fomoer (62 points, 26 comments)
  16. kerne1_pan1c (61 points, 1 comment)
  17. Fosforus (60 points, 18 comments)
  18. joskye (59 points, 18 comments)
  19. homm88 (58 points, 20 comments)
  20. oarabbus (57 points, 25 comments)
  21. OIIOIIOIIO (55 points, 22 comments)
  22. earthmoonsun (55 points, 18 comments)
  23. ohiomoonchild (51 points, 17 comments)
  24. ZephyrPro (49 points, 9 comments)
  25. observerc (48 points, 21 comments)

Top Submissions

  1. Hey I should really invest in this crypto stuff everyone's buzzing about by Mlawless (76 points, 18 comments)
  2. How to become a Crypto Millionaire in 6 Months or Less by KalpaX (71 points, 40 comments)
  3. Review of 5 cryptocurrency exchanges -- Poloniex, Bittrex, Kraken, Liqui, and Gemini by drewshaver (64 points, 13 comments)
  4. What are the top 10 cryptocurrencies to invest in over the next 12 months? by devilsadvocado (62 points, 77 comments)
  5. Made a little bot for finding favorable trading conditions on Poloniex (really simple machine learning) by thenewboston (56 points, 30 comments)
  6. You have been given $10,000 by drcopperfield (54 points, 65 comments)
  7. Diversify intelligently, not haphazardly. Crypto diversification is about spreading your money across multiple economic models, multiple codebases, and multiple consensus algorithms so that one problem with one thing doesn't wipe you out. by slowmoon (43 points, 35 comments)
  8. I made almost US$400k overnight. by fomoer (40 points, 44 comments)
  9. Disclosure of a Major Bug in CryptoNote Based Currencies (Bytecoin, DashCoin, DigitalNote affected) by homm88 (37 points, 6 comments)
  10. So I've decided to invest US$2 million in a crypto portfolio. by fomoer (36 points, 104 comments)

Top Comments

  1. 71 points: CuckedByTRUMP's comment in You have been given $10,000
  2. 61 points: kerne1_pan1c's comment in What are some of the most under the radar or undervalued coins with an outlook of 2+ years?
  3. 39 points: HeyZeusChrist's comment in So I've decided to invest US$2 million in a crypto portfolio.
  4. 38 points: bjorneylol's comment in So I've decided to invest US$2 million in a crypto portfolio.
  5. 27 points: stereoagnostic's comment in Did the bubble just burst?
  6. 26 points: Mirved's comment in $2mil portfolio: An update, and my top three picks this month
  7. 25 points: cyclicamp's comment in How to become a Crypto Millionaire in 6 Months or Less
  8. 24 points: cHaTrU's comment in So I've decided to invest US$2 million in a crypto portfolio.
  9. 23 points: Budwiser86's comment in What is your alt coin trading strategies?
  10. 23 points: cakemuncher's comment in Did the bubble just burst?
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

First National Bitcoin Conference, May 15. Impact and opportunities for the Dutch economy.

On Thursday the 15th of May, the vanguard of Dutch business as well as (semi-)governmental institutions will be catching up on the phenomenon that is Bitcoin. Top speakers share their knowledge and visions on the latest developments and the impact Bitcoin has on the economy and society, both in the present and in the future. ABN AMRO Innovation Centre will host the conference and facilitate the discussion about financial traffic innovation.
The conference will offer a constructive, critical view on the new technologies of Bitcoin and “crypto currencies”, and present the audience with the necessary tools for them to be able to engage in both strategic and practical discussions concerning the innovation of financial services and products. Among the speakers are notable entrepreneurs, scientists, investors, managers, (central) bankers, and Bitcoin specialists such as banker Peter Verhaar, VC Marc van der Chijs, Tuur Demeester, Professor Paul Iske, Mark Buitenhek and former Minister of Finance Jan Kees de Jager. International speakers are day one-Bitcoin investor Trace Mayer, Moe Levin of Bitpay, and Bitcoin core developer Mike Hearn. Both ABN AMRO and ING will contribute to the conference on stage, and during the conference, De Nederlandsche Bank (‘The Dutch Bank’) will divulge some of their views on Bitcoin and “crypto currencies” regarding innovation and payment systems.
After attending the conference, visitors will be able to answer positively the question whether they ever paid using Bitcoin. The “Demo Zone” will offer several options to personally experience the workings of Bitcoin: from using a Bitcoin ATM to using mobile wallets, and from paying through Google Glass (powered by Dutch start-up EAZE) to donating Bitcoins to a remarkable project of Stichting Vluchteling (‘Refugee Foundation’), making Stichting Vluchteling the first NGO to accept Bitcoin donations.
The National Bitcoin Conference coincides with the international Bitcoin conference Bitcoin2014, which will begin Friday the 16th of May, also in Amsterdam.
Participation in the conference costs €190, there are only 100 spots available, and the conference will take place at ABN AMRO Dialogues House, Foppingadreef 22, Amsterdam. In anticipation of this event, Paydro, the conference’s ticket supplier, expanded its services to allow customers to pay for their tickets using Bitcoins. The conference will also be broadcast via the internet.
Signing up can be done at http://www.bitcoincongres.nl. There, conference details can also be found.
Rutger van Zuidam, Ecommerce entrepreneur and Bitcoin specialist: “Bitcoin lifts a corner of the veil of what awaits us regarding crypto currencies in the near future. We know that, so far, the internet has consistently made the middle man obsolete, as was the case with, for instance, mail, music, travel, books, and news. Perhaps the best way to describe Bitcoin is as a sort of internet for money and other instances of property. It’s still in its infancy, but the possibilities that it offers for new products and services is unprecedented.”
Arjan van Os, Head Innovation Centre ABN AMRO: “The fast technological progression we are experiencing in today’s world can also be observed in the acceleration of developments concerning ways of paying, encouraged by financial institutions and start-ups. Virtual currencies are especially striking in that respect. That’s why we gladly facilitate the discussion about this ‘digital currency’ and the principles, protocols, and techniques behind it.
Vincent Everts, trendwatcher: “The Netherlands is now at the forefront in using and developing Bitcoin standards, just like we often innovate in the financial world. It is not a threat to the financial sector, but the greatest innovation since online banking. If we push on now and start implementing Bitcoin services internationally, we will create excellent opportunities for businesses and government.”
On Bitcoin: At its core, Bitcoin is a digital, communal, public general ledger for registration and transactions of property – the so-called Blockchain – which, through the internet, is distributed over its complete network of participants worldwide. In this Blockchain, all transactions are registered, including date and time. The security, maintenance and administration come about as a result of a combination of mathematical principles (algorithms and cryptographics) and participants that make their computers’ computing power available in a process that is called “mining”. This way, Bitcoins can never be spent twice simultaneously (double spending), and there is an algorithm that rewards “miners” with Bitcoins for their effort. In this manner, the “trusted third party” is completely automatized, allowing the Bitcoin protocol to facilitate a payment network on a global scale without any interference from third parties such as (central) banks.
On the National Bitcoin Conference: The National Bitcoin Conference was started in 2014 by trendwatcher Vincent Everts and Ecommerce entrepreneur and Bitcoin specialist Rutger van Zuidam. The conference was created and especially programmed to inform the vanguard of Dutch business and government about the latest developments concerning Bitcoin. Top speakers share their knowledge and vision on Bitcoin, the latest developments and the impact that Bitcoin has and will have on business and society. At this conference, participants will obtain the knowledge that is necessary to be able to engage in (strategic) discussions about innovation in this field.
submitted by rutgervz to Bitcoin [link] [comments]

Bitcoin Brief w/ Tuur Demeester - ProofOfKey's, Wallet.Fail, Tuur's Ethereum View Best of - Set Up Your Bitcoin Wallet Tuur Demeester: The Bitcoin Reformation in Times of COVID-19 (Audio only) Will 2020 Be Bitcoin's Year For Hockey Stick Growth? Tuur Demeester Talks Fundamentals and Looks fo 152 – Tuur Demeester: Investing In Bitcoin

Analyst Tuur Demeester eruierte via Twitter, warum Bitcoin eine Amazon-ähnliche Entwicklung hinlegen wird, während Ethereum sich eher wie eBay entwickeln könnte. Laut Demeester wird die Benutzererfahrung von Bitcoin langfristig ein „Hyper-Wachstum“ antreiben, während Ethereum nicht für den Massenmarkt konzipiert „sei“. — Tuur Demeester (@TuurDemeester) June 23, 2018. Recently, Tuur tweeted a photo showing the dismal performance of altcoins in comparison to Bitcoin, which itself has been appalling since the beginning of 2018. Albeit sarcastically, Tuur played down the diversification of crypto investments. Read writing from Tuur Demeester on Medium. Economist & investor. Mainly Bitcoin. Every day, Tuur Demeester and thousands of other voices read, write, and share important stories on Medium. Geht es nach Tuur Demeester ist all das zu klein gedacht. Demeester ist ein langjähriger Bitcoin-Investor, der mit Adamant Capital Investoren hilft, in die Kryptowährung anzulegen. In einem neuen Bericht vergleicht er Bitcoin mit der Reformation, jenem welthistorischen Großereignis im frühen 16. Jahrhundert, das den Übergang vom Mittelalter in die Neuzeit markiert und mentalhistorisch zur ... Tuur Demeester explored why Bitcoin will develop in an Amazon-like fashion, while Ethereum could develop more like eBay. According to Demeester, the user experience of Bitcoin will drive a “hyper-growth” in the long run, while Ethereum is not “designed” for the mass market.

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Bitcoin Brief w/ Tuur Demeester - ProofOfKey's, Wallet.Fail, Tuur's Ethereum View

Bitcoin Brief w/ Tuur Demeester - ProofOfKey's, Wallet.Fail, Tuur's Ethereum View Tone Vays. Loading... Unsubscribe from Tone Vays? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe ... Tuur Demeester, Bitcoin thought leader and economist, joins Charlie Shrem on this week’s episode of Untold Stories. Tuur begins with a powerful comparison between Bitcoin today and the internet ... In De Week van Bitcoin 25 praten Tuur Demeester en Paul Buitink over de prijs van bitcoin en litecoin. Ook bespreken ze de Dark Wallet dat gebruikers in staat stelt om bitcoin anoniemer te ... Tuur Demeester Founder, Adamant Research. Category People & Blogs; ... Choose your Bitcoin Wallet - An in-depth review of BitcoinQT, Electrum and Multibit - Duration: 27:32. Secure Your Wallet ... In 2012, a year after discovering Bitcoin in Argentina, Dutch economist Tuur Demeester became one of the first people to advocate investing in Bitcoin to a mainstream audience. Tuur joined us to ...