svennnny
Member
 Offline
Activity: 182
Merit: 17
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February 06, 2018, 03:16:25 PM |
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Gentlemen - enough about PRICE, let's look at FUNDAMENTALS:
BTC doesn't work and LN can't work with a broken layer underneath it.
BTC development is a dead meme,
BTC is the target of Wall St. speculators, and has now lost its Tether price pump mechanism.
BTC has only first adopter momentum, which it loses more of each day (anyone look at the mempool or the market dominance chart lately?)
BCH works and adoption is growing more each day.
BCH development is steaming ahead.
BCH has 24x the capacity of dead BTC.
New investment will almost certainly go to the alt market looking for growth.
Watch the US Congress hearings today. Surely they will move the markets.
Dude there are 1500 altcoins now Bcash is just one of them. Yea lets talk about that flippening meme or operation bla bla meme shall we ? Tether is being used to buy Bcash to. If Tether dies so does all coins what's the deal ? BTC dominance atm 36% Actually increasing the last days. Bcash 5% decreasing last days. Please show me the oh so great adoption of Bcash show me the list it must be so huge. Lets take a look at the transactions last 24 hours shall we https://bitinfocharts.com/bitcoin/ 238.781 last 24 hours. https://bitinfocharts.com/bitcoin%20cash/ 23.176 last 24 hours |
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tomkat
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February 06, 2018, 03:18:40 PM |
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Customers using credit cards on Coinbase: the following card issuers are now blocking purchases of digital currency with credit cards.
Chase
Bank of America
Citi
Capital One
We're encouraging affected customers to switch to debit card or bank account payment methods.
Some see this as bad news but on the contrary it's good you shouldn't be using credit cards to buy crypto if you do not have the money then you shouldn't be taking the risks I'd leave the decision what to do with funds on credit cards to their owners. Otherwise we can end up with banks deciding what we're allowed to buy with CCs as a first step, and then they will likely go further. Hey wait, it's actually happening now  You may have possession of a credit card but all funds are strictly in ownership of the banks borrowing money on a credit card is no different that taking out a loan What about some poor fool that got a CC with a nice 10k credit limit and bought a few BCH at $3K expecting it to double quickly only for it to now be worth $2500 and unable to afford the repayments They are not saying you cannot use a Debit Card where you own the funds in your account just Credit Cards where the bank is loaning you their money big difference Well, I'd expect a restriction on CC terms specifting explicitly what is not allowed to buy with your CC. If there's none, then the bank just gives you high rate loan without asking what you're going to do with the money. They determine upfront if you're able to repay the debt, and that's it. Applying a restriction looks like a change in the terms of your CC agreement. |
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Mrpumperitis
Legendary
Offline
Activity: 2702
Merit: 1075
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February 06, 2018, 03:57:12 PM |
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https://www.reddit.com/r/btc/comments/7vmtfl/sms_wallet_to_transact_bitcoin_cash_with_any/Example Send BCH to a Phone: Text the word SEND space $AMOUNT space YOURFRIENDSNUMBER to CoinText Withdraw: Text the word WITHDRAW space $AMOUNT space YOUREXTERNALBCHADDRESS to CoinText radmege 7 points 3 hours ago* Also noteworthy - requires ZERO setup. Just add CoinText as a contact in your phone and start texting away! They have numbers for each country. Wallets are automatically created for each number that receives BCH. WOW 
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Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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SgtPepper
Newbie
Offline
Activity: 29
Merit: 1
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February 06, 2018, 04:44:02 PM |
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Customers using credit cards on Coinbase: the following card issuers are now blocking purchases of digital currency with credit cards.
Chase
Bank of America
Citi
Capital One
We're encouraging affected customers to switch to debit card or bank account payment methods.
Some see this as bad news but on the contrary it's good you shouldn't be using credit cards to buy crypto if you do not have the money then you shouldn't be taking the risks I'd leave the decision what to do with funds on credit cards to their owners. Otherwise we can end up with banks deciding what we're allowed to buy with CCs as a first step, and then they will likely go further. Hey wait, it's actually happening now You may have possession of a credit card but all funds are strictly in ownership of the banks borrowing money on a credit card is no different that taking out a loan What about some poor fool that got a CC with a nice 10k credit limit and bought a few BCH at $3K expecting it to double quickly only for it to now be worth $2500 and unable to afford the repayments They are not saying you cannot use a Debit Card where you own the funds in your account just Credit Cards where the bank is loaning you their money big difference Well, I'd expect a restriction on CC terms specifting explicitly what is not allowed to buy with your CC. If there's none, then the bank just gives you high rate loan without asking what you're going to do with the money. They determine upfront if you're able to repay the debt, and that's it. Applying a restriction looks like a change in the terms of your CC agreement. If you have to use a Credit Card to purchase Bitcoin, you should not be purchasing Bitcoin. This is a NON-event. |
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hv_
Legendary
Offline
Activity: 2506
Merit: 1055
Clean Code and Scale
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February 06, 2018, 05:33:09 PM |
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Next killer app ? Send Bitcoin Cash via SMS and get all the poor friends on board? https://m.imgur.com/r/btc/gDGpSXE |
Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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hv_
Legendary
Offline
Activity: 2506
Merit: 1055
Clean Code and Scale
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February 06, 2018, 05:42:51 PM
Last edit: February 06, 2018, 07:48:25 PM by hv_ |
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^ Linked? https://www.reddit.com/r/btc/comments/7vmtfl/sms_wallet_to_transact_bitcoin_cash_with_any/Example Send BCH to a Phone: Text the word SEND space $AMOUNT space YOURFRIENDSNUMBER to CoinText Withdraw: Text the word WITHDRAW space $AMOUNT space YOUREXTERNALBCHADDRESS to CoinText radmege 7 points 3 hours ago* Also noteworthy - requires ZERO setup. Just add CoinText as a contact in your phone and start texting away! They have numbers for each country. Wallets are automatically created for each number that receives BCH. WOW Tweet https://mobile.twitter.com/Egon_01/status/960895181703794688 |
Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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narutos
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February 07, 2018, 02:05:56 AM |
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btc price drive the whole market with it. Lets hope that bitcoin fundamentals will remain strong and grow, then the whole crypto market should remain healthy after this bear market.
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narutos
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February 07, 2018, 02:06:43 AM |
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Gentlemen - enough about PRICE, let's look at FUNDAMENTALS:
BTC doesn't work and LN can't work with a broken layer underneath it.
BTC development is a dead meme,
BTC is the target of Wall St. speculators, and has now lost its Tether price pump mechanism.
BTC has only first adopter momentum, which it loses more of each day (anyone look at the mempool or the market dominance chart lately?)
BCH works and adoption is growing more each day.
BCH development is steaming ahead.
BCH has 24x the capacity of dead BTC.
New investment will almost certainly go to the alt market looking for growth.
Watch the US Congress hearings today. Surely they will move the markets.
Good news from the US Congress. |
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narutos
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February 07, 2018, 02:08:10 AM |
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Customers using credit cards on Coinbase: the following card issuers are now blocking purchases of digital currency with credit cards.
Chase
Bank of America
Citi
Capital One
We're encouraging affected customers to switch to debit card or bank account payment methods.
Some see this as bad news but on the contrary it's good you shouldn't be using credit cards to buy crypto if you do not have the money then you shouldn't be taking the risks I'd leave the decision what to do with funds on credit cards to their owners. Otherwise we can end up with banks deciding what we're allowed to buy with CCs as a first step, and then they will likely go further. Hey wait, it's actually happening now You may have possession of a credit card but all funds are strictly in ownership of the banks borrowing money on a credit card is no different that taking out a loan What about some poor fool that got a CC with a nice 10k credit limit and bought a few BCH at $3K expecting it to double quickly only for it to now be worth $2500 and unable to afford the repayments They are not saying you cannot use a Debit Card where you own the funds in your account just Credit Cards where the bank is loaning you their money big difference Well, I'd expect a restriction on CC terms specifting explicitly what is not allowed to buy with your CC. If there's none, then the bank just gives you high rate loan without asking what you're going to do with the money. They determine upfront if you're able to repay the debt, and that's it. Applying a restriction looks like a change in the terms of your CC agreement. If you have to use a Credit Card to purchase Bitcoin, you should not be purchasing Bitcoin. This is a NON-event. This is people hard earn money, they basically takes too much risk, borrowing loans to gamble. Basic investing is invest as much as you can afford to lose. |
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cool4y
Member
Offline
Activity: 494
Merit: 12
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February 07, 2018, 06:37:22 AM |
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Bitbobb
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February 07, 2018, 08:38:06 AM
Last edit: February 07, 2018, 09:27:47 AM by Bitbobb |
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Customers using credit cards on Coinbase: the following card issuers are now blocking purchases of digital currency with credit cards.
Chase
Bank of America
Citi
Capital One
We're encouraging affected customers to switch to debit card or bank account payment methods.
Some see this as bad news but on the contrary it's good you shouldn't be using credit cards to buy crypto if you do not have the money then you shouldn't be taking the risks I'd leave the decision what to do with funds on credit cards to their owners. Otherwise we can end up with banks deciding what we're allowed to buy with CCs as a first step, and then they will likely go further. Hey wait, it's actually happening now You may have possession of a credit card but all funds are strictly in ownership of the banks borrowing money on a credit card is no different that taking out a loan What about some poor fool that got a CC with a nice 10k credit limit and bought a few BCH at $3K expecting it to double quickly only for it to now be worth $2500 and unable to afford the repayments They are not saying you cannot use a Debit Card where you own the funds in your account just Credit Cards where the bank is loaning you their money big difference Well, I'd expect a restriction on CC terms specifting explicitly what is not allowed to buy with your CC. If there's none, then the bank just gives you high rate loan without asking what you're going to do with the money. They determine upfront if you're able to repay the debt, and that's it. Applying a restriction looks like a change in the terms of your CC agreement. If you have to use a Credit Card to purchase Bitcoin, you should not be purchasing Bitcoin. This is a NON-event. This is people hard earn money, they basically takes too much risk, borrowing loans to gamble. Basic investing is invest as much as you can afford to lose. No. it is like getting a draft from your own account payable tbd and then being told you cannot buy a house as they will not clear the check if it is made payable to a local realtor but anything else you like to buy with it is okay. This is tyrannical. And standard procedure for tyrannical leaders is to blame the victim. So it makes perfect sense that they blame the possible behavior of the end user of the financial product/ service for the ban! You can be sure the victim blame is the surest tool of the tyrant! No one can tell me that less payment options is in anyway a good thing. So less options and access are good? Thats funny because freedom of money is actually measured in the nations using the exact opposite metrics. |
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tomkat
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February 07, 2018, 09:39:08 AM |
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Customers using credit cards on Coinbase: the following card issuers are now blocking purchases of digital currency with credit cards.
Chase
Bank of America
Citi
Capital One
We're encouraging affected customers to switch to debit card or bank account payment methods.
Some see this as bad news but on the contrary it's good you shouldn't be using credit cards to buy crypto if you do not have the money then you shouldn't be taking the risks I'd leave the decision what to do with funds on credit cards to their owners. Otherwise we can end up with banks deciding what we're allowed to buy with CCs as a first step, and then they will likely go further. Hey wait, it's actually happening now You may have possession of a credit card but all funds are strictly in ownership of the banks borrowing money on a credit card is no different that taking out a loan What about some poor fool that got a CC with a nice 10k credit limit and bought a few BCH at $3K expecting it to double quickly only for it to now be worth $2500 and unable to afford the repayments They are not saying you cannot use a Debit Card where you own the funds in your account just Credit Cards where the bank is loaning you their money big difference Well, I'd expect a restriction on CC terms specifting explicitly what is not allowed to buy with your CC. If there's none, then the bank just gives you high rate loan without asking what you're going to do with the money. They determine upfront if you're able to repay the debt, and that's it. Applying a restriction looks like a change in the terms of your CC agreement. If you have to use a Credit Card to purchase Bitcoin, you should not be purchasing Bitcoin. This is a NON-event. This is people hard earn money, they basically takes too much risk, borrowing loans to gamble. Basic investing is invest as much as you can afford to lose. No. it is like getting a draft from your own account payable tbd and then being told you cannot buy a house as they will not clear the check if it is made payable to a local realtor but anything else you like to buy with it is okay. This is tyrannical. And standard procedure for tyrannical leaders is to blame the victim. So it makes perfect sense that they blame the possible behavior of the end user of the financial product/ service for the ban! You can be sure the victim blame is the surest tool of the tyrant! No one can tell me that less payment options is in anyway a good thing. So less options and access are good? Thats funny because freedom of money is actually measured in the nations using the exact opposite metrics. ^This. The banks can't restrict what you're allowed to buy with your money (be it credit card, debit card, your own deposit(s), or any funds at your disposal). They CAN sell dedicated products like mortgages, but it's explicitly defined and the clients know the purpose of the loan. I've just checked the terms for CC in my local bank, and there's nothing about what product(s) and/or service(s) that can be purchased. It defines general operations that can be peerformed with the card: ATM withdrawal, POS payment, transfer from CC account. |
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Bitbobb
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February 07, 2018, 10:18:51 AM |
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^This. The banks can't restrict what you're allowed to buy with your money (be it credit card, debit card, your own deposit(s), or any funds at your disposal). They CAN sell dedicated products like mortgages, but it's explicitly defined and the clients know the purpose of the loan. I've just checked the terms for CC in my local bank, and there's nothing about what product(s) and/or service(s) that can be purchased. It defines general operations that can be peerformed with the card: ATM withdrawal, POS payment, transfer from CC account. it amounts to a partial blockade IMO. |
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lonesomestranger
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February 07, 2018, 11:19:12 AM |
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Customers using credit cards on Coinbase: the following card issuers are now blocking purchases of digital currency with credit cards.
Chase
Bank of America
Citi
Capital One
We're encouraging affected customers to switch to debit card or bank account payment methods.
Some see this as bad news but on the contrary it's good you shouldn't be using credit cards to buy crypto if you do not have the money then you shouldn't be taking the risks I'd leave the decision what to do with funds on credit cards to their owners. Otherwise we can end up with banks deciding what we're allowed to buy with CCs as a first step, and then they will likely go further. Hey wait, it's actually happening now The banks want to control because that's how they maintain power over the population! This all disaster in crypto world is due to US Goverment, let's hope we'll survive this 'regulation' as they name it! |
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fred01
Newbie
Offline
Activity: 1
Merit: 0
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February 07, 2018, 12:48:27 PM |
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good afternoon all. after long falling of all coins, day of X has come when it is possible to earn, and so I look at schedules - all coins grow, and BCH in minuses on BCH\BTC relation, I think likely will go to top soon, but in the head something gnaws, it is necessary to check that not so, I Visit the website https://www.bitcoincash.org and I read news, and so in the section Projects there is "LEARNBITCOIN" the reference to https://learnbitcoin.cash press this project, and me my antivirus of A ****** gives out it - f_0011fd |> {gzip} of the [L] JS:Miner-C [Trj] (0) and I in AHUEVAYu AS is SO POSSIBLE, BCH C COIN CAPITALIZATION of $ USD 16 947 058 706 PLACES the REFERENCE TO the HIDDEN MINING ON the OFFICIAL PAGE!!!!! AND SO to bitcoincash FALSE - DIRTY SHIT, I Ya I WILL REPORT ABOUT IT ON ALL WEBSITES AND FORUMS!!!!!!!!!!!!  |
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Mrpumperitis
Legendary
Offline
Activity: 2702
Merit: 1075
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February 07, 2018, 01:38:10 PM
Last edit: February 07, 2018, 01:53:48 PM by Mrpumperitis |
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Guys im so wanting to do this...  Anyone else wants to help make it happen...pm me  |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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Bitbobb
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February 07, 2018, 02:01:36 PM |
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Guys im so wanting to do this... Anyone else wants to help make it happen...pm me call out Stefan Ingves in a last bank standing battle of ceos' you can take this guy he just thinks hes' tough |
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Mrpumperitis
Legendary
Offline
Activity: 2702
Merit: 1075
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February 07, 2018, 02:08:01 PM |
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^ he should be taken to suplex city  |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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Bitbobb
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February 07, 2018, 02:36:01 PM |
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Customers using credit cards on Coinbase: the following card issuers are now blocking purchases of digital currency with credit cards.
Chase
Bank of America
Citi
Capital One
We're encouraging affected customers to switch to debit card or bank account payment methods.
Some see this as bad news but on the contrary it's good you shouldn't be using credit cards to buy crypto if you do not have the money then you shouldn't be taking the risks I'd leave the decision what to do with funds on credit cards to their owners. Otherwise we can end up with banks deciding what we're allowed to buy with CCs as a first step, and then they will likely go further. Hey wait, it's actually happening now The banks want to control because that's how they maintain power over the population! This all disaster in crypto world is due to US Goverment, let's hope we'll survive this 'regulation' as they name it! found this text snippet quoted below from this link here >>: https://www.creditcards.com/credit-card-news/when-can-credit-card-issuer-close-account-1267.php Notice how this is being done to all users but only at coinbase or for digital money?? yet this literature states that it is a case by case basis they do this... hmmm. Might need this: credit card act of 2009>> https://www.creditcards.com/glossary/term-credit-card-act-of-2009.php"Credit card issuers are watching your credit record, and if anything there makes them feel that their credit portfolios are less secure than they'd like, they may suddenly pull the plug[cancel the card]. Sonya O. Conway, vice president of public affairs and communications at American Express said in an email that the company monitors cardholder credit behavior on an ongoing basis. "We look at a variety of elements, including their spending and payment history with American Express, their debt/spending/payment history with other lenders, credit bureau scores and other credit report information," she wrote. If AmEx doesn't like what it sees, it may lower your spending limit or cancel your account. "Our intent is to strike the right balance between accommodating our card members' spending needs, while also prudently managing credit risk -- for us and for our card members," Conway wrote. Chase follows a similar policy. The company declined a requested interview for this story. But the Chase Freedom credit card agreement says one of the reasons your account may be considered in default is if the company believes you "may be unwilling or unable to pay your debts on time." |
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Bitbobb
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February 07, 2018, 04:54:16 PM
Last edit: February 07, 2018, 05:36:38 PM by Bitbobb |
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The banks want to control because that's how they maintain power over the population! This all disaster in crypto world is due to US Goverment, let's hope we'll survive this 'regulation' as they name it!
 Interesting it is that the DOW went down by 666 yesterday, and after hitting 6666.6, swc bounced back up. |
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