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Bitcoin fraudsters & scammers often target those who are new to bitcoin and are a threat to bitcoin users and companies. This subreddit is intended to track confirmed bitcoin frauds/scams to reduce risk to the growing bitcoin community.
[uncensored-r/Bitcoin] New user question: Where do the 1M block limit comes from, is it based on any scientific or engin...
The following post by flydutchm is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7out2x The original post's content was as follows:
Hello there, I am new to bitcoin and trying to do some study before making some investment. When doing my research, it seems that the bitcoin network is kind of full and it takes hours to send bitcoin. May I ask if there are any scientific or engineering calculations about the 1M block limit? (for example, in my engineer field of semiconductor fab, if we want to come up with a certain design rule, say xx nm, there are many experiments and/or theoretical calculations done to validate the rule ), etc? I did some google search but did not find much relevant information. thx in advance.
Sometime in the past year Butterfly Labs purchased "WeUseCoins.com", the semi-official Bitcoin new users guide
I just noticed that sometime in the past year Butterfly Labs purchased WeUseCoins.com WeUseCoins is one of the oldest Bitcoin websites (about a month before Buttcoin started, early 2011) and is known as the official "beginners guide" for new bitcoin users. It's on the Bitcoin wiki, the subreddit, and posted any time someone wants to know about Bitcoin. They also made the very popular "What is bitcoin?" video that has over 600k views. The site now says "BF Labs" on the bottom, but purchasing the site was mainly to inject product links to BFL products. Take the link on this page to "mining contracts". Here's the page as it was cached in October 2013: https://web.archive.org/web/20131010210100/http://www.weusecoins.com/en/mining-guide Link goes to the official Bitcoin wiki Now look where it goes to: https://www.weusecoins.com/en/mining-guide Butterfly Labs. Their links are peppered everywhere else on the site to. Any link that went to the Bitcoin wiki that mentions Mining Hardware or Mining Contracts now goes to the BFL website. WeUseCoins is a PR6 website in Google which is very authoratative. Has over 450k backlinks as well. A link from WeUseCoins is very valuable and just another one of many sites that BFL purchased to control their image online.
Markaccy is ushering in a New era of financial equality,transparency and fair business practices that create unique value for all end users. #Markaccy #TokenSale #ICO #bitcoin #ethereum #crypto #cryptocurrency
Wirex is a British FCA regulated digital payment platform. Wirex aims to make crypto and traditional currencies equal and accessible to everyone. As the balance of your reqards are shown in Satoshis it is a really great app for anyone interested in Stacking Sats :) Benefits of Wirex include:
Zero exchange fees for crypto transactions
0.5% bitcoin rewards on all in-store purchases
Free Faster Payments, SEPA and SEPA Instant
Free personal multicurrency IBANs
If you sign up through via my referral link you can get a total of $10 Bitcoin bonuses (about £8 worth). This is made up of two $5 Bonuses
First $5 Bitcoin bonus for buying $100 worth of crypto in their app using your exsisting debit / credit c.
Second $5 Bitcoin bonus after making your first in-store transaction with your Wirex Visa card.
To earn the first $5: buy $100 worth of Bitcoin using a debit/credit card.
To earn the second $5: order the Wirex Visa card and make a transaction with it (need to be in a store, online purchases are not included)
The rewards will be credited immediately to your Wirex account after completing the actions above. You can see and withdraw them in the 'Wirex Rewards' tab.
You are then free to withdraw the rewards if you want.
Post your referral below for a change to get your referral bonuses
Card fees: The Wirex card is not free. They charge a maintenance fee of £1.00 per month. However, you won't get charged if you cancel it within 30 days. Also if you don't have funds on your card account they will not charge you. They will just block the card until you have made payment. Let me know if you have any questions.
HandCash soon to go keyless by utilising a threshold signature scheme! This is awesome. No more need for seed phrases or keys. This simplifies the bitcoin UX for new users, and means no more permanently lost funds because of lost keys!
Now that many new users are joining us, it's a great time to get educated on bitcoin's tech and economic underpinnings. I wrote A brief introduction to Bitcoin specifically for this purpose. (x-post from /r/Bitcoin)
🔥NEW AIRDROP FROM COINSBIT AND BTCU!🔥 🌟 Dear users, in honor of the launch of Bitcoin fork, the new generation of Bitcoin Ultimatum (BTCU), which will be held on 27th of October, Coinsbit exchange announces a large-scale Airdrop! 📌For more info: https://t.co/gTe7UPpSF6 https://t.co/4al4SlTG93
Bitcoin price blasted yesterday over $1,000 to a high of $13,200 and has reignited interest in the crypto market once again in a major way. A new 2020 high was set on the BTCUSD pair, but a higher peak over the 2019 top has yet to be reached. Elsewhere in the world, however, the leading ... Bitcoin New Users are Flooding into Bitcoin; Will This Catalyze a Move Past $10,000? Cole Petersen May 12, 2020 23:00 . Share. Tweet. Send. Share. Recent comments from the CEO of Binance seem to indicate that the cryptocurrency exchange is seeing a massive influx of new platform registrants; He also notes that the activity level of these registrants is much higher than that seen several ... Individuals, businesses, developers: learn from our simple Bitcoin guides. How Bitcoin works, what is Bitcoin, what is blockchain, how to buy Bitcoin, what is Bitcoin mining and more. While Darknet Users Search for New Markets, Global Law Enforcement Reveals Mass Arrests . During the last month since the fall of Empire Market, darknet market (DNM) patrons have been migrating to ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH.
Bitcoin News - Square Cash App Releases Bitcoin Buy/Sell Option To Almost All Users