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Showing posts with the label BCH

Bitcoin ABC or Bitcoin SV?

This article was written by Greg Wyche. This does not represent the opinion of Jared Schlar.

Bitcoin prices fell significantly on 11/14, as a response to the impending fork by bitcoin cash, according to Brian Kelly [1], CEO and Founder of cryto-investment corporation BKCM LLC. [2] Ars Technica reported a 24 hour decline of over 12% Wednesday. [4]

Meanwhile, Roger Ver of Bitcoin ABC alleges that November 3rd, Roger Ver sent him a vitriolic e-mail, expressing his willingness to freeze trading of Bitcoin Cash for 2 years, that he hates Ver and that he would prefer Bitcoin "die" rather than become dominated by Bitcoin ABC. He states that he regards the conflict between SV and ABC as a war and that Ver is his enemy. [3]

One wonders if a large 687,000 transaction spike on Aug 1st, described by the BCH stress test team through twitter as proof of BCH's scalability [11] will make an impression that lends confidence to those users who believe that Bitcoin Cash is already capabl…

How Do I Run Ads On Bitcoin Cash With Memopay?

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I recently had to opportunity to speak with TracySpacy, Founder of Memopay, a new and very unique advertising network built on a the Bitcoin Cash blockchain. This project is a service which allows business to send messages and run ad campaigns targeted directly to BCH users. Intrigued?

Read on to learn more about how this could be a game-changer for driving BCH adoption in the long term and for disrupting the way businesses run ads and communicate with their customers.

Jared: How did you come up with the idea for memopay? Please provide a bit of background about yourself and your team (if applicable).
TracySpacy: Memopay initially started as an extension to the memo.cash social network. It allows people to send funds to any BCH address outside of the memo.cash network (which was not possible before).

One day, one of the memopay users from the BCH community asked if there was a way to add a note to the payment. The question made us think that adding a note to payments might be a good o…

Human-Friendly QR Codes May Drive BCH Adoption: A conversation with QaRT Wallet developer Kim Jinryul

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I recently had the opportunity to interview Kim “Randy” Jinyrul, a developer based in South Korea who you may be hearing quite a bit about in the the near future. Randy is quickly making a name for himself in the Bitcoin Cash community with the Beta version of the new QaRT Wallet, a new app that fundamentally changes the way QR codes are used, and increase BCH adoption in the process.

Making QR Codes Human

QR codes are an incredible innovation. The idea of encoding information and making it quickly and easily scannable goes back decades, to the invention of RFID and barcodes. But just like these older technologies, QR codes have a problem: only a machine capable of scanning and deciphering the code can make any sense of what it means.

If you were to look at a QR code right now, would you be able to tell what information it contains without some sort of contextual information or additional explanation? Of course not.

Let’s say you got your QR codes mixed up, or somehow couldn’t remembe…

Crypto Market Update 3

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Here is my estimated price target for Bitcoin in the short term ($9,000) - https://www.newsbtc.com/2018/07/29/bitcoin-price-weekly-analysis-btc-usd-could-test-9000/

If you haven’t noticed most cryptos are highly correlated with the movements of Bitcoin right now. So wherever Bitcoin goes, until something changes, I imagine most other cryptos will go. There is an opportunity to margin trade Bitcoin right now. The way it was explained to me is basically, you could buy small cryptos with what is called in equities as high Beta. Or you could just buy a bigger coin with a lower Beta, take on some leverage and goose your returns with lower risk. Keep in mind, margin trading is incredibly risky.


This data is thanks to - https://www.sifrdata.com/cryptocurrency-correlation-matrix/
Some pundits including Tone Vays are still saying that we will be going to $5,000 per Bitcoin before the next full on bull market. Right now, I believe that is false. I think we have a chance to break out and gain so…

Bitcoin Cash Development Series

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If you've had the opportunity to visit Coin Dance's development page, there’s a lot of creative energy evident. Several concepts are under discussion, six are classified as under development and five are completed. In an effort to raise awareness of the diligent efforts of our fellow BCH enthusiasts, this is the first of a series of articles on development projects relating to either the BCH source code or the manner in which BCH is processed by financial software. In this article, I will highlight four proposed upgrades to the BCH ecosystem in various stages of development. In a later article, I will discuss two additional development proposals in progress, as well as interview some BCH developers about the challenges they face as innovators in this burgeoning and impactful blockchain space. Finally, in a third article, I will describe the 5 development projects described as complete on Coin Dance.

The 4 projects I will summarize today are:

BUIP078: Enable Binary Contracts …

Should Traditional Finance Surrender To Bitcoin?

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I used to work in the “Bad Finance” industry. And then I left. Why because in my opinion, traditional finance is deeply unconscious. Firms operate solely for the profit motive. Anything that opposes them is something to be destroyed.

At the end of college, I started YouBux.com a personal finance portal for young people to help them make better financial decisions that they will live with for the rest of their lives. Interestingly, the verdict from the startup was that people didn’t care enough to make changes. They weren’t in enough pain to make the switch to a more prudent personal financial plan.

If I had known about Bitcoin back then, I probably would have focused on it. Today, the movement against traditional finance or what I would call “Bad Finance” is back in full swing. See traditional finance has caused more problems for humanity than it has solved. It has enriched 1/7th of the world at the expense of 6/7ths. To me that doesn’t seem fair. Luckily, now there is an alternative…

How To Increase The Price Of BCH

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Based on 9 years of research and development as a Search Engine Optimization expert, I know (BCH) needs additional marketing to create price stability. I’ve been doing marketing for the Crypto Industry unpaid since 2014 in many forms. BCH is currently at a critical juncture to benefit from price stability.

I have the tools to enable more value creation through marketing but I will need larger marketing budgets from you, my readers. If you value the BCH price or general crypto holding prices for that matter, please contribute to my projects to encourage price stability.

I have owned Web Marketing LLC, an SEO Agency since 2010. If you need additional proof that I will do as directed, visit my company website: http://www.StrategiesSEO.com/ and my Crypto Blog: https://jaredschlar.blogspot.com/ I also hold a Finance degree from Northeastern University in Boston.

How to contribute to Crypto Projects by Jared Schlar?
Vote, Share and Tip my posts on: https://www.yours.org/@jaredschlar. No …

That’s One Sexy BCH*— Exciting Developments Coming up for Bitcoin Cash

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Bitcoin Cash Upgrade There will be major changes for Bitcoin Cash next month— changes which could solidify its reputation as the fastest, most reliable cryptocurrency for everyday use. While some people (mostly BCH detractors) are labeling this a “hard fork”, the reality is that this is really an upgrade to the BCH network. There is not going to be a new coin created; instead the BCH we know will be replaced by a bigger and better one. Think technological superiority.

On May 15th, there will be two big changes:

1) Block size will be increased from 8 MB to 32 MB. As we all know, the issue of scalability has been a consistent problem for cryptocurrencies ever since they first appeared, and in many ways, it is still the primary obstacle that hinders their wider adoption. Quadrupling the block size of BCH will go a long way toward tackling this challenge through an update called Bitcoin Adjustable Blocksize Cap, or “Bitcoin ABC”. Blocks will still confirm with an average of 10 minut…

Why You Should Surrender to Bitcoin Cash (BCH)

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The Bitcoin (BTC) vs Bitcoin Cash (BCH) has been raging since last summer. While BTC continues to get more media attention, things could change very soon (as I’m sitting here typing this, BCH is up 13%). Today I’m going to give you 3 good reasons why you WILL regret ignoring BCH— and, no transaction speed isn’t one of them.

Look, it’s already been established that Bitcoin Cash is superior to BTC for use as an everyday currency. The transaction speeds are incomparable, and with the upgrade to 32MB blocks coming in May, it’s only going to get better. There simply is no debate anymore; despite all the hype surrounding the Lightening Network, BTC still has not caught up to BCH in terms of practicality as a digital currency. The transaction speed war is over, and Bitcoin Cash won.

Now that we’ve got that out of the way, there are 3 more reasons why you should not be sleeping on BCH:
Memo.cash Now this is an interesting one…Memo is basically a blockchain-based social media platform. It func…

Crypto Market Update

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In my best estimate, the price of Bitcoin (BTC) is going down in the short term. Some traders online are saying that the BTC price will hit $8000 once again. I’m waiting for more deals to appear before making new moves.

Some facts that are true regarding crypto right now are that social media companies are censoring posts related to crypto. As I mentioned in a previous post, some of the 2017 crypto growth is attributed to social media related to crypto. If censorship by major media continues, it will be harder to educate new users about crypto using these channels and onboard them. Another major marketing point which attracts new users is increases in the price of cryptocurrencies as highlighted by the news. If the price does not move up quickly, then this marketing bullet simply does not work.

Also, since Coinbase was forced to stop allowing credit card transactions, new gateways and onramps to crypto have slowed down. If you would like to know my opinion on new value drivers for cr…

Bitcoin Cash Content Project

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New Premium Content Project About Bitcoin Cash by Web Marketing LLC


https://t.co/5XoYfcTfe1 I'm working on writing a fresh piece about "Why Bitcoin Cash Will Win". If you want to add input about $BCH or contribute feel free to visit the link above. Thank you!

— Jared Schlar (@jaredsc) January 12, 2018

The Future Of Bitcoin, Ethereum & ICOs

This is a great video which discusses the future of Bitcoin, Ethereum and ICOs. The most interesting part is at the 1 hour mark where Craig Wright explains some of the future technology which will exist in Bitcoin Cash or does already. I was super impressed after watching it and suggest you do the same. 1GB blocks are not the end goal. Block size will get bigger and bigger over time. Hard forks will become the norm, not shunned. According to Craig Wright in the video, hard forks occurred all the time in early days of Bitcoin. The way you determine if new changes to the software will work is by testing. In the end, the market will decide which coin to value the highest not influencers. Economics still works as long as the data sources are not corrupt.

Please watch the video. You will be glad you did.

Now That Bitcoin Segwit2x Fork Passed

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Now that the Bitcoin Segwit2x fork has passed, Coinbase has unlocked trading of BTC again. There may be some selling off of Bitcoin (BTC). It is unlikely to get (B2X) coins right now according to Coinbase.

Bitcoin (BTC) has some problems:
BTC - Chain spiral of death.BTC - Severe network congestion.BTC - Civil War with BCH and other contentious groups. Ethereum (ETH) and Bitcoin Cash are looking pretty good right now. Bitcoin Cash (BCH) is currently 25% more profitable to mine then Bitcoin (BTC).

BCH Dumping

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Based on my sources the reason for the BCH dump today is because GBTC started selling their BCH holdings to pay a dividend to shareholders. Their goal is to sell about 170,000 BCH over time. This will end eventually as it was based on the holdings of GBTC after the August 1st fork.

Everybody keep calm and be patient.

Segwit2x Fork - Market Protection

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It is my understanding that the Bitcoin Segwit2x (B2X) still has a small probability of happening. This is because a faction of miners still believes in it despite the major market players calling it cancelled. This would enable protection for Bitcoin (BTC) owners who are susceptible to chain spiral of death due to Bitcoin Cash (BCH). Since BTC has no Emergency Difficulty Adjustment, if there is another crazy spike in Bitcoin Cash (BCH), which in my opinion is likely, all buyers of Bitcoin (BTC) after the August 1 Bitcoin Cash (BCH) fork have no protection. This is a big deal because many people new to Bitcoin (BTC) may have invested large sums of money with no understanding that it could go to zero.

We will see if this hard fork occurs around tomorrow or not. It is very exciting times to be involved in crypto currencies. It’s probably a good idea to have at least some exposure to Bitcoin Cash (BCH) to ensure that you have some diversification in the event of another black swan. In t…

Bitcoin Cash Will 3X My Investment

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Based on recent news I am more bullish on Bitcoin Cash than ever before. Just recently the CME chairman announced that Bitcoin futures will be listed as early as next month. According to a prominent crypto VC, this news signifies that Bitcoin will be able to be shorted. This is a large problem if you have (BTC) because Wall Street and Crypto Valley are not yet on the same page. I can envision large market forces attempting to damage (BTC).

Luckily, if you have Bitcoin Cash (BCH), this is not a problem. Some of the same forces that short (BTC) may actually long (BCH) which may result in another huge pump. Roger Ver is likely transitioning more of his 300,000 BTC into Bitcoin Cash. Keep in mind Bitcoin Cash has only been live since August 1st 2017 and has already bulged to the second highest network cap in crypto. This is not by error.

Additionally, Mike Novogratz has been buying Bitcoin over the weekend. He is likely responsible for the uptick in price as his firm bought $15-$20 Milli…

Bitcoin Cash Successfully Hardforks

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Today, at block number 504031, Bitcoin Cash upgraded to a new difficulty adjustment algorithm (DAA). The new DAA is designed to solve the problem of wild difficulty variations caused by the EDA. Read full article on Yours.

Segwit2X Is Still Go - Complete Wealth Transfer From Legacy Bitcoin To Bitcoin Cash In Progress

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Since Segwit activation on 23 August, the Segwit2X team had endured 2 months of relentless bashing from the small blockers, all the while remaining mostly silent. So what happened between October 26 and November 8? It can't be for the lack of consensus which was the reason given. They already knew there was never going to be consensus. Something unexpected happened, causing them to push the "kill" switch. What was it?

Read the full article at the above link.

Bitcoin Cash Flippening

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Is the Bitcoin Cash flippening happening right now? As of this posting, Bitcoin Cash (BCH) is up about 42% in the last 24 hours. Most other cryptos are down for the day. I don’t see the upside to holding BTC until the cancelled fork news gets baked into the price.

Some people on Twitter are calling this the BTC death spiral. The BTC mempool is really filling up now.

I Didn't Get Into Bitcoin To Get Rich by Rob Danielson

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Here on Yours, I'm sure I'm preaching to the choir but I didn't into Bitcoin to get rich. Nowadays that seems like what all of the "Bitcoiners" want to do. They're just "hodling" their coins to watch it rise in value. Like stocks. Or perhaps more like tulips. No, when I got into Bitcoin years back, it was because I loved the idea of a digital currency in an ever-more-becoming-digital world. A digital currency where I control my own money, no matter what.

Visit link to read full article.