Author

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 272. (Read 704531 times)

newbie
Activity: 1
Merit: 0
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!!!!!!!!!!!! Cry
full member
Activity: 770
Merit: 112
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  Grin


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!
hero member
Activity: 1134
Merit: 525
Less hops. More wins.


^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.
hero member
Activity: 1022
Merit: 507
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  Grin

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.
hero member
Activity: 1134
Merit: 525
Less hops. More wins.
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  Grin

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.  

  
member
Activity: 494
Merit: 12
Bcash Bcash  has a lot of progress, nice alt Grin Grin Grin
full member
Activity: 462
Merit: 103
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  Grin

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.
full member
Activity: 462
Merit: 103
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.
full member
Activity: 462
Merit: 103
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.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
^
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  Shocked Grin


Tweet


https://mobile.twitter.com/Egon_01/status/960895181703794688
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Next killer app ?  Send Bitcoin Cash via SMS and get all the poor friends on board?

https://m.imgur.com/r/btc/gDGpSXE

newbie
Activity: 29
Merit: 1
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  Grin

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.
legendary
Activity: 2758
Merit: 1075
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  Shocked Grin
hero member
Activity: 1022
Merit: 507
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  Grin

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.
member
Activity: 182
Merit: 17
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



hero member
Activity: 686
Merit: 504
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.
legendary
Activity: 2758
Merit: 1075
^ wow svenny aka tek  Cheesy  go pump your coin with this awesome news you got there  Cheesy
legendary
Activity: 2758
Merit: 1075
tek..did you see this...https://www.coindesk.com/blockstream-devs-depart-gorlick-dilley-world-computer/
lols, they left blockstream to work on an eth project  Cheesy Cheesy
sr. member
Activity: 1451
Merit: 258
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 am just going to guess you are not unbanked


I don't know about where you are from but usually to own a credit card a requirement is that you have to have a bank account





yes the unbanked are living now inside a perfectly designed prison within modern society that is undetectable at most altitudes, 100% agree..   nice of you to notice we even do not have the credit card access to buy with!!!..  


If you have to use a credit card it will even complicate, everyone would want something easy without having to bother taking care of anything.
Jump to: