CRYPTOCURRENCY BITCOIN
Bitcoin Table of contents expand: 1. What is Bitcoin? 2. Understanding Bitcoin 3. How Bitcoin Works 4. What's a Bitcoin Worth? 5. How Bitcoin Began 6. Who Invented Bitcoin? 7. Before Satoshi 8. Why Is Satoshi Anonymous? 9. The Suspects 10. Can Satoshi's Identity Be Proven? 11. Receiving Bitcoins As Payment 12. Working For Bitcoins 13. Bitcoin From Interest Payments 14. Bitcoins From Gambling 15. Investing in Bitcoins 16. Risks of Bitcoin Investing 17. Bitcoin Regulatory Risk 18. Security Risk of Bitcoins 19. Insurance Risk 20. Risk of Bitcoin Fraud 21. Market Risk 22. Bitcoin's Tax Risk What is Bitcoin?
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity is yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.
Understanding Bitcoin Bitcoin is a type of cryptocurrency: Balances are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send bitcoins. The private key (comparable to an ATM PIN) is meant to be a guarded secret and only used to authorize Bitcoin transmissions. Style notes: According to the official Bitcoin Foundation, the word "Bitcoin" is capitalized in the context of referring to the entity or concept, whereas "bitcoin" is written in the lower case when referring to a quantity of the currency (e.g. "I traded 20 bitcoin") or the units themselves. The plural form can be either "bitcoin" or "bitcoins."
How Bitcoin Works Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places. Bitcoin mining is the process through which bitcoins are released to come into circulation. Basically, it involves solving a computationally difficult puzzle to discover a new block, which is added to the blockchain and receiving a reward in the form of a few bitcoins. The block reward was 50 new bitcoins in 2009; it decreases every four years. As more and more bitcoins are created, the difficulty of the mining process – that is, the amount of computing power involved – increases. The mining difficulty began at 1.0 with Bitcoin's debut back in 2009; at the end of the year, it was only 1.18. As of February 2019, the mining difficulty is over 6.06 billion. Once, an ordinary desktop computer sufficed for the mining process; now, to combat the difficulty level, miners must use faster hardware like Application-Specific Integrated Circuits (ASIC), more advanced processing units like Graphic Processing Units (GPUs), etc.
What's a Bitcoin Worth? In 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher. Bitcoin's price is also quite dependent on the size of its mining network since the larger the network is, the more difficult – and thus more costly – it is to produce new bitcoins. As a result, the price of bitcoin has to increase as its cost of production also rises. The Bitcoin mining network's aggregate power has more than tripled over the past twelve months.
How Bitcoin Began
Aug. 18, 2008: The domain name bitcoin.org is registered. Today, at least, this domain is "WhoisGuard Protected," meaning the identity of the person who registered it is not public information.
Oct. 31, 2008: Someone using the name Satoshi Nakamoto makes an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at http://www.bitcoin.org/bitcoin.pdf." This link leads to the now-famous white paper published on bitcoin.org entitled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper would become the Magna Carta for how Bitcoin operates today.
Jan. 3, 2009: The first Bitcoin block is mined, Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," perhaps as proof that the block was mined on or after that date, and perhaps also as relevant political commentary.
Jan. 8, 2009: The first version of the Bitcoin software is announced on The Cryptography Mailing list.
Jan. 9, 2009: Block 1 is mined, and Bitcoin mining commences in earnest.
Who Invented Bitcoin?
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Before Satoshi
Though it is tempting to believe the media's spin that Satoshi Nakamoto is a solitary, quixotic genius who created Bitcoin out of thin air, such innovations do not happen in a vacuum. All major scientific discoveries, no matter how original-seeming, were built on previously existing research. There are precursors to Bitcoin: Adam Back’s Hashcash, invented in 1997, and subsequently Wei Dai’s b-money, Nick Szabo’s bit gold and Hal Finney’s Reusable Proof of Work. The Bitcoin white paper itself cites Hashcash and b-money, as well as various other works spanning several research fields.
Why Is Satoshi Anonymous?
There are two primary motivations for keeping Bitcoin's inventor keeping his or her or their identity secret. One is privacy. As Bitcoin has gained in popularity – becoming something of a worldwide phenomenon – Satoshi Nakamoto would likely garner a lot of attention from the media and from governments.
The other reason is safety. Looking at 2009 alone, 32,489 blocks were mined; at the then-reward rate of 50 BTC per block, the total payout in 2009 was 1,624,500 BTC, which at today’s prices is over $900 million. One may conclude that only Satoshi and perhaps a few other people were mining through 2009 and that they possess a majority of that $900 million worth of BTC. Someone in possession of that much BTC could become a target of criminals, especially since bitcoins are less like stocks and more like cash, where the private keys needed to authorize spending could be printed out and literally kept under a mattress. While it's likely the inventor of Bitcoin would take precautions to make any extortion-induced transfers traceable, remaining anonymous is a good way for Satoshi to limit exposure.
The Suspects
Numerous people have been suggested as possible Satoshi Nakamoto by major media outlets. Oct. 10, 2011, The New Yorker published an article speculating that Nakamoto might be Irish cryptography student Michael Clear or economic sociologist Vili Lehdonvirta. A day later, Fast Company suggested that Nakamoto could be a group of three people – Neal King, Vladimir Oksman and Charles Bry – who together appear on a patent related to secure communications that were filed two months before bitcoin.org was registered. A Vice article published in May 2013 added more suspects to the list, including Gavin Andresen, the Bitcoin project’s lead developer; Jed McCaleb, co-founder of now-defunct Bitcoin exchange Mt. Gox; and famed Japanese mathematician Shinichi Mochizuki.
In December 2013, Techcrunch published an interview with researcher Skye Grey who claimed textual analysis of published writings shows a link between Satoshi and bit-gold creator Nick Szabo. And perhaps most famously, in March 2014, Newsweek ran a cover article claiming that Satoshi is actually an individual named Satoshi Nakamoto – a 64-year-old Japanese-American engineer living in California. The list of suspects is long, and all the individuals deny being Satoshi.
Can Satoshi's Identity Be Proven?
It would seem even early collaborators on the project don’t have verifiable proof of Satoshi’s identity. To reveal conclusively who Satoshi Nakamoto is, a definitive link would need to be made between his/her activity with Bitcoin and his/her identity. That could come in the form of linking the party behind the domain registration of bitcoin.org, email and forum accounts used by Satoshi Nakamoto, or ownership of some portion of the earliest mined bitcoins. Even though the bitcoins Satoshi likely possesses are traceable on the blockchain, it seems he/she has yet to cash them out in a way that reveals his/her identity. If Satoshi were to move his/her bitcoins to an exchange today, this might attract attention, but it seems unlikely that a well-funded and successful exchange would betray a customer's privacy.
Receiving Bitcoins As Payment
Bitcoins can be accepted as a means of payment for products sold or services provided. If you have a brick and mortar store, just display a sign saying “Bitcoin Accepted Here” and many of your customers may well take you up on it; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touch screen apps. An online business can easily accept bitcoins by just adding this payment option to the others it offers, like credit cards, PayPal, etc. Online payments will require a Bitcoin merchant tool (an external processor like Coinbase or BitPay).
Working For Bitcoins
Those who are self-employed can get paid for a job in bitcoins. There are several websites/job boards which are dedicated to the digital currency:
Work For Bitcoin brings together work seekers and prospective employers through its websiteCoinality features jobs – freelance, part-time and full-time – that offer payment in bitcoins, as well as Dogecoin and LitecoinJobs4Bitcoins, part of reddit.comBitGigs
Bitcoin From Interest Payments
Another interesting way (literally) to earn bitcoins is by lending them out and being repaid in the currency. Lending can take three forms – direct lending to someone you know; through a website which facilitates peer-to-peer transactions, pairing borrowers and lenders; or depositing bitcoins in a virtual bank that offers a certain interest rate for Bitcoin accounts. Some such sites are Bitbond, BitLendingClub, and BTCjam. Obviously, you should do due diligence on any third-party site.
Bitcoins From Gambling
It’s possible to play at casinos that cater to Bitcoin aficionados, with options like online lotteries, jackpots, spread betting, and other games. Of course, the pros and cons and risks that apply to any sort of gambling and betting endeavors are in force here too.
Investing in Bitcoins
There are many Bitcoin supporters who believe that digital currency is the future. Those who endorse it are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. Although it is not itself any backed by any government or central bank, bitcoin can be exchanged for traditional currencies; in fact, its exchange rate against the dollar attracts potential investors and traders interested in currency plays. Indeed, one of the primary reasons for the growth of digital currencies like Bitcoin is that they can act as an alternative to national fiat money and traditional commodities like gold.
In March 2014, the IRS stated that all virtual currencies, including bitcoins, would be taxed as property rather than currency. Gains or losses from bitcoins held as capital will be realized as capital gains or losses, while bitcoins held as inventory will incur ordinary gains or losses.
Like any other asset, the principle of buying low and selling high applies to bitcoins. The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore.
Risks of Bitcoin Investing
Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013. Thus, many people purchase bitcoin for its investment value rather than as a medium of exchange.
However, their lack of guaranteed value and digital nature means the purchase and use of bitcoins carries several inherent risks. Many investor alerts have been issued by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB), and other agencies.
The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a long-term track record or history of credibility to back it. With their increasing use, bitcoins are becoming less experimental every day, of course; still, after eight years, they (like all digital currencies) remain in a development phase, still evolving. "It is pretty much the highest-risk, highest-return investment that you can possibly make,” says Barry Silbert, CEO of Digital Currency Group, which builds and invests in Bitcoin and blockchain companies.
Bitcoin Regulatory Risk
Investing money into Bitcoin in any of its many guises is not for the risk-averse. Bitcoins are a rival to government currency and may be used for black market transactions, money laundering, illegal activities or tax evasion. As a result, governments may seek to regulate, restrict or ban the use and sale of bitcoins, and some already have. Others are coming up with various rules. For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies dealing with the buy, sell, transfer or storage of bitcoins to record the identity of customers, have a compliance officer and maintain capital reserves. The transactions worth $10,000 or more will have to be recorded and reported.
Although more agencies will follow suit, issuing rules and guidelines, the lack of uniform regulations about bitcoins (and other virtual currency) raises questions over their longevity, liquidity, and universality.
Security Risk of Bitcoins
Bitcoin exchanges are entirely digital and, as with any virtual system, are at risk from hackers, malware and operational glitches. If a thief gains access to a Bitcoin owner's computer hard drive and steals his private encryption key, he could transfer the stolen Bitcoins to another account. (Users can prevent this only if bitcoins are stored on a computer which is not connected to the internet, or else by choosing to use a paper wallet – printing out the Bitcoin private keys and addresses, and not keeping them on a computer at all.) Hackers can also target Bitcoin exchanges, gaining access to thousands of accounts and digital wallets where bitcoins are stored. One especially notorious hacking incident took place in 2014, when Mt. Gox, a Bitcoin exchange in Japan, was forced to close down after millions of dollars worth of bitcoins were stolen.
This is particularly problematic once you remember that all Bitcoin transactions are permanent and irreversible. It's like dealing with cash: Any transaction carried out with bitcoins can only be reversed if the person who has received them refunds them. There is no third party or a payment processor, as in the case of a debit or credit card – hence, no source of protection or appeal if there is a problem.
Insurance Risk
Some investments are insured through the Securities Investor Protection Corporation. Normal bank accounts are insured through the Federal Deposit Insurance Corporation (FDIC) up to a certain amount depending on the jurisdiction. Bitcoin exchanges and Bitcoin accounts are not insured by any type of federal or government program.
Risk of Bitcoin Fraud
While Bitcoin uses private key encryption to verify owners and register transactions, fraudsters and scammers may attempt to sell false bitcoins. For instance, in July 2013, the SEC brought legal action against an operator of a Bitcoin-related Ponzi scheme.
Market Risk
Like with any investment, Bitcoin values can fluctuate. Indeed, the value of the currency has seen wild swings in price over its short existence. Subject to high volume buying and selling on exchanges, it has a high sensitivity to “news." According to the CFPB, the price of bitcoins fell by 61% in a single day in 2013, while the one-day price drop in 2014 has been as big as 80%.
If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless. There is already plenty of competition, and though Bitcoin has a huge lead over the other 100-odd digital currencies that have sprung up, thanks to its brand recognition and venture capital money, a technological break-through in the form of a better virtual coin is always a threat.
Bitcoin's Tax Risk
As bitcoin is ineligible to be included in any tax-advantaged retirement accounts, there are no good, legal options to shield investments from taxation.
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Related Terms
Satoshi
The satoshi is the smallest unit of the bitcoin cryptocurrency. It is named after Satoshi Nakamoto, the creator of the protocol used in block chains and the bitcoin cryptocurrency.
Chartalism Chartalism is a non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money.
Satoshi Nakamoto The name used by the unknown creator of the protocol used in the bitcoin cryptocurrency. Satoshi Nakamoto is closely-associated with blockchain technology.
Bitcoin Mining, Explained Breaking down everything you need to know about Bitcoin Mining, from Blockchain and Block Rewards to Proof-of-Work and Mining Pools.
Understanding Bitcoin Unlimited Bitcoin Unlimited is a proposed upgrade to Bitcoin Core that allows larger block sizes. The upgrade is designed to improve transaction speed through scale.
Blockchain Explained
A guide to help you understand what blockchain is and how it can be used by industries. You've probably encountered a definition like this: “blockchain is a distributed, decentralized, public ledger." But blockchain is easier to understand than it sounds.
Top 6 Books to Learn About Bitcoin About UsAdvertiseContactPrivacy PolicyTerms of UseCareers Investopedia is part of the Dotdash publishing family.The Balance Lifewire TripSavvy The Spruceand more
By Satoshi Nakamoto
Read it once, go read other crypto stuff, read it again… keep doing this until the whole document makes sense. It’ll take a while, but you’ll get there. This is the original whitepaper introducing and explaining Bitcoin, and there’s really nothing better out there to understand on the subject.
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party


Bitcoin is a comparatively new type of currency that has just started to strike the mainstream markets.
Critics state that using Bitcoins is unsafe because -
They have no authentic value They are not regulated They can be used to make illegal transactions Still crypto mining all the major market players talk about Bitcoins. Below are some good reasons why it is worth using this crypto currency.
Quick payments - When payments are made by using banks, the transaction takes some days, similarly wire transfers also take a long time. On the other hand, virtual currency Bitcoin transactions are generally more rapid.
"Zero-confirmation" transactions are instantaneous, where the merchant accepts the risk, which is still not approved by Bitcoin block-chain. If the merchant needs an approval, then the transaction takes 10 minutes. This is much more rapid than any inter-banking transfer.
Inexpensive - Credit or debit card transactions are instant, but you are charged a fee for using this privilege. In the Bitcoin transactions, the fees are usually low, and in some cases, it is free.
No one can take it away - Bitcoin is decentralized, so no central authority can take away percentage from your deposits.
No chargeback - Once you trade Bitcoins, they are gone. You cannot reclaim them without the recipient's consent. Thus, it becomes difficult to commit the chargeback fraud, which is often experienced by people with credit cards.
People purchase goods and if they find it defective, they contact credit cards agency to make a chargeback, effectively reversing the transaction. The credit card company does it and charges you with costly chargeback fee ranging from $5-$15.
Safe personal details - Credit card numbers get stolen during online payments. A Bitcoin transaction does not need any personal details. You will need to combine your private key and the Bitcoin key together to do a transaction.
You just have to ensure that your private key is not accessed by strangers.
It is not inflationary - Federal Reserve prints more dollars, whenever the economy is sputtering. Government injects the new created money into the economy causing a decrease in currency value, thereby triggering inflation. Inflation decreases people's power to buy things because prices of goods increase.
Bitcoins are in limited supply. The system was designed to quit mining more Bitcoins on reaching 21 million. This means that inflation will not be an issue, but deflation will be triggered, where prices of goods will fall.
Semi- anonymous operations - Bitcoin is relatively private, but transparent. The Bitcoin address is revealed at the block-chain. Everyone can look in your wallet, but your name will be invisible.
Easy micro-payments - Bitcoins allows you to make micropayments like 22 cents for free.
Substitute of fiat currencies - Bitcoins are good option to hold national currencies experiencing capital controls, and high inflation.
Bitcoins are getting legitimate - Major institutions like the Bank of England and Fed have decided to take Bitcoins for trading. More and more outlets like Reditt, Pizza chains, WordPress, Baidu, and many other small businesses are now accepting Bitcoin payments. Many binary trading and Forex brokers also allow you to trade with the Bitcoins.

Hey fellas. Just want to vent for a bit.
I have been a retailer for all my grown life. Started selling pirated burned CDs in my university, in Venezuela, around 2002. That was my first business. After that, I had a small chicha cart (a local beverage), and later on I opened my first retail store.
That was before the Venezuela´s currency exchange controls were tightened, and I started importing clothes from China and overstock from USA. Then, things got complicated. It became impossible to change your Bolivares to hard currency at the government rates, but there were alternative ways. I ended up opening a bank account in the US, and buying USD in the "Permuta" grey market, which was basically a bond swap, you bought them in bolivares and the broker sold it in the US, and you got your USD without issue. Still was an escape valve for the forex control. But then the government also banned that,
Now there was only the black market. And a black market, with low supply and working in the shadows, where the price is determined in the few exchanges that still take Bolívares in the Colombian border town of Cúcuta, is a recipe for disaster.
I kept doing business like that. Ended up leaving Venezuela a couple years ago, setting up a shop in the Caribbean.
Local banks in the island I live in have many limitations. Still to this date I don´t have a credit card, a lot of requirements for Venezuelans here.
My US account was closed because they flagged a wire transfer I made to China as unusual, and asked me to go to the bank´s offices. And in this island there is no branch. So they closed that account.
My experience with banks has been plain torture. I am fed up with the banking system. After I started a line of sunglasses for my brick and mortar store, selling online got into my head.
But given my experience with banks, I took a drastic decision: I would give up around 99% of my potential market, and refuse taking credit cards, and just accept crypto. Just started a couple of weeks ago.
So far the experience has been great, reception has been encouraging and the community has been nothing but supportive. Right now I am accepting Bitcoin Cash, Ether and Nano.
Maybe later in another post, I might explain why I picked those cryptos to start, the payment gateways and the process of setting everything up.
My shop is https://wkend.club for anyone interested in taking a look.

There has been lot of queries regarding Blackhedge. As one of the founders of Blackhedge I thought it would be proper to put up a brief primer on Blackhedge explaining about ourselves and our services and how you can profit from it before it fully goes functional.Those of you who have not visited our website yet can visit us at www.blackhedge.co .
In short Blackhedge is the world's first Altcoin centric proprietary trading firm.That is simply we trade all fiat asset classes ( forex, stocks, commodities, bonds) and also crypto currencies with company owned shareholder funds and pay dividends to our shareholders in purely BLK .( This is unlike some bitcoin based hedgefunds who only trade bitcoins)We also finance BLK centric crypto projects and promote blackcoin technology.
Most of you by now are probably thinking that we are yet another crypto scam site who will disappear with the money overnight.Most of you might question that is it even legal ??The main issue with most cryptocoiners is trust so far I understand and we are not even asking you to trust us.
We are a proper registered firm managing our company owned funds and also acting as a money manager for three very reputed and regulated brokerage houses. As I said you do not need to trust us to make money from us :-). All you have to do is open an account with one of the brokers we are affiliated under and copy our trades in our account. So you do not have to pay money to us directly. You have full control of your money and you may withdraw it anytime you like minus our performance fees which varies from 15 -20 % which the broker directly debits from your account in case of a profit. We also accept clients from U.S and Canada.Sounds interesting ?? Read on.
For Non U.S clients
Minimum investment :- 100 USD Minimum top up :- 20 USD Performance fee:- 15 % Withdrawal penalty :- Nil Deposit :- Bank Wire/Credit Card and various e-currencies Broker :- Fxopen ( regulated in New Zealand) To open an account all you have to do is to click the following link and invest under our trade signals https://pamm.fxopen.com/en/Pamm/Blackhedge6
For U.S/Canada based clients Minimum investment :- 500 USD Performance fee :- 20 % Withdrawal penalty :- Nil Deposit Mode :- Bank Wire/Credit Cards Broker:- Tallinex( regulated in St. Vincents and Grenadines) To open an account please click the following link open an account http://www.tallinex.com/open-account?i=127745&s=127745
Also note we are not responsible if the broker does not open your account because of the lack of documents on your part or because of their anti- money laundering policies. We also do not provide tax or financial planning advise to clients availing this service. Need futher help or clarifications you can email us at [email protected]
Also note a major percentage of the performance fees will go towards financing BLK projects and development of the blackcoin eco system.
Further questions you might be pondering upon would be - 1)Is Blackhedge a ponzi scheme ? 2)If it is not a ponzi then is it profitable ? 3)Credentials of the Blackhedge traders ?
1) It cannot be a ponzi scheme because we do not accept any direct money from clients. We manage only our self owned shareholder(member) money .There are no guaranteed quantum of profits.Profits depend upon the performance of our traders.
2) Well you can follow our live trades in twitter at @Blackhedge_ Our trading statistics can be certified and tracked at a reputed third party website http://myfxbook.com/members/blackhedge . Yes we do make money. Need more mind boggling stats ?mail us we will be happy to flood you with more stats.
3)Traders trading our accounts have atleast one international financial certification i.e either a CFA( Certified Financial Analyst) or someone who has cleared all three levels of CMT ( Chartered Market Technician) Program from Market Technicians Association, New York. It is a prerequisite for anyone handling our accounts.We do not guarantee any certain quantum of profits but we do ensure that the trades you follow are done by professional qualified traders.As one of the founders of Blackhedge I have over 10 years of trading experience in the financial markets with both the certifications mentioned.
If one wants to make a more active association with us in the capacity of a shareholder, we are open to private equity placements.Shareholders ofcourse gets their dividend in blackcoins and enjoy superior returns by participating directly in the growth of the company.
Current Status :- Trading is on and interested folks and copy our trades and also contribute to the growth of blackcoin.
Future Plans :- We are working on some other features of our website which will be online soon enough.We are also in the process of developing some pure blackcoin based financial products which I cannot elaborate right now for the sake of confidentiality.
I hope members of this community will support us in this venture and together we can make a great coin i.e Blackcoin the greatest.
Always bet on BLK.
Please share your views with us in this thread/email us at [email protected]/follow us at twitter @Blackhedge_

FXPay BLOCKCHAIN ​​ In NEW TECHNOLOGIES! Today I will acquaint you with the project, BLOCKCHAIN IN A NEW TECHNOLOGY! I am very glad to the idea which they have put forward.
About the company FXPay the First-ever ecosystem of tokens Forex allows to finance, invest and trade on a block lens. FXPay is a fascinating and perspective business opportunity which introduces innovative technologies on the market of foreign currency (Forex). Our purpose - to eliminate the current inefficiency in the market and to provide economic decisions to brokers, traders and suppliers of liquidity. Using technology blockchain, FXPay can reasonably reduce risk for brokers and traders, giving more opportunities and increasing the speed of transactions in the Forex market. FXPay with pride offers our initial offer of a coin on the market and allows investors to become a part of our fascinating new product and a travel. The FXPay platform immediately will begin to solve problems in the current Forex market. Our proposed solution will show material value of a token of FXP. Headquarters Canary Wharf, London
technology FXPay uses linear technology for integration of all hierarchy of monetary and credit branch. FXPay is aimed at providing economically effective decisions for suppliers of liquidity, traders and brokers and for elimination of present inefficiency in branch. FXPay believes that we can reasonably reduce risk and accelerate processing of currency trade operations with use of a token of FXP ERC20 depending on symptoms of BlockGain Ethereum technology. Cards can be exchanged easily for fiat, and fiat can be also converted into FXP tokens. In both cases the token would be very useful to the programmers who are looking for an ideal product in branch. Each block chain is intended for a definite purpose.
Really interesting part of a blokheyn is in how he works in hierarchy, but not through standard model the client server. Before continuing, you want to install tower components which are made for growth. It occurs because their input is more, than what they give. It will be the main source of trade of FXPay.
What is fxpay? FXPay — это a bright and perspective business opportunity which offers advanced technologies in the Forex market. FXPay believes that it can reasonably reduce risk and accelerate trade of FX by means of use of a token of FXP, ERC20 token on the basis of Ethereum block chain.
decision FXP has also introduced the strategy allowing to increase surely token value. Introducing blockchain technology on the foreign exchange market, FXPay can eliminate market failure, still. have the decision. Providing some kind of digital currency for brokers and traders, FXPay provides means by means of which it is easy to convert currency of Fiat into the FXP cards. As soon as he is safely registered on a block chain, he can be transformed to any of our currency pairs. Then traders can utilize the currency credit for entry into the market. As soon as the transaction is finished, traders can trade in the FX credit back in FXP or any other digital currency. Besides, traders can choose the currency credit,
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team The FXPay team has more than 20 years' experience of development of the software and forex-trading. This experience has given them the chance to identify demand in the market Forex for new technologies, and then to use him. This new trade software works as the Forex and Crypto portal for both markets. He possesses a powerful set of functions and advantages, including a multi-purpose e-wallet, mirror trade and an investment in the debit card in real time. easily to get access to the capital. This purse will be available both to mobile iOS devices, and to Android. Users can send and receive FXP coins, exchange them for FX credit. Use of smart contracts on the FXPay platform can help clients to save up to 90% in comparison with the existing structures of payments on the market.
For more information visit : https://fxpay.io/ Technical documentation; https://fxpay.io/pdf/FXPAY_V.1.4.pdf Twitter: https://twitter.com/fxpayglobal Discussion of bitcoins Subject: https://bitcointalk.org/index.php? topic=3851151
About the author Bitcointalk : dz roknroll27 Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=1456356

The following post by JPGarbo is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/7ysnpy
The original post's content was as follows:

Hey fellas. Just want to vent for a bit.
I have been a retailer for all my grown life. Started selling pirated burned CDs in my university, in Venezuela, around 2002. That was my first business. After that, I had a small chicha cart (a local beverage), and later on I opened my first retail store.
That was before the Venezuela´s currency exchange controls were tightened, and I started importing clothes from China and overstock from USA. Then, things got complicated. It became impossible to change your Bolivares to hard currency at the government rates, but there were alternative ways. I ended up opening a bank account in the US, and buying USD in the "Permuta" grey market, which was basically a bond swap, you bought them in bolivares and the broker sold it in the US, and you got your USD without issue. Still was an escape valve for the forex control. But then the government also banned that,
Now there was only the black market. And a black market, with low supply and working in the shadows, where the price is determined in the few exchanges that still take Bolívares in the Colombian border town of Cúcuta, is a recipe for disaster.
I kept doing business like that. Ended up leaving Venezuela a couple years ago, setting up a shop in the Caribbean.
Local banks in the island I live in have many limitations. Still to this date I don´t have a credit card, a lot of requirements for Venezuelans here.
My US account was closed because they flagged a wire transfer I made to China as unusual, and asked me to go to the bank´s offices. And in this island there is no branch. So they closed that account.
My experience with banks has been plain torture. I am fed up with the banking system. After I started a line of sunglasses for my brick and mortar store, selling online got into my head.
But given my experience with banks, I took a drastic decision: I would give up around 99% of my potential market, and refuse taking credit cards, and just accept crypto. Just started a couple of weeks ago.
So far the experience has been great, reception has been encouraging and the community has been nothing but supportive. Right now I am accepting Bitcoin Cash, Ether and Nano.
Maybe later in another post, I might explain why I picked those cryptos to start, the payment gateways and the process of setting everything up.
My shop is https://wkend.club for anyone interested in taking a look.

Period: 6.50 days

	Submissions	Comments
Total	837	20193
Rate (per day)	128.85	2692.43
Unique Redditors	489	2132
Combined Score	26601	69285

Top Submitters' Top Submissions

1. 1086 points, 17 submissions: increaseblocks
   
   1. Another all time low achieved - The Blockstream CSO just reported Coinbase to the NYDFS (on Twitter) claiming they are violating the Bitlicense (199 points, 91 comments)
   2. Craig Wright is NOT the face of or "CEO" Bitcoin Cash (181 points, 116 comments)
   3. Bitcoin Cash (BCH) Withdrawals now available on Gemini exchange (176 points, 39 comments)
   4. In just the month of September 2017 alone rBitcoin mods censored 5633 posts and comments! (115 points, 19 comments)
   5. Forget stealing data — these hackers broke into Amazon's cloud to mine bitcoin (91 points, 11 comments)
   6. Why Blockstream Is So Loudly Against Segwit2x (72 points, 52 comments)
   7. 10 reasons why Reddit admins should close down Bitcoin and not BTC (63 points, 62 comments)
   8. These are the real enemies of Bitcoin (43 points, 23 comments)
   9. Bitcoin Core developers along with Blockstream are destroying Bitcoin (36 points, 5 comments)
   10. Theory: Bitcoin Cash price is dropping as we get closer to SegWit2X hard fork. People are putting their money back into the SegWit1X chain for now so they can claim coins on both chains come November. (34 points, 43 comments)
2. 970 points, 8 submissions: MemoryDealers
   
   1. Repost: "The notion of every #bitcoin user running their own node is as dumb as the notion of every email user running their own server.' (279 points, 233 comments)
   2. Just letting Bitcoin.org know that Bitcoin.com will list S2X as BTC (Just like 95% of the rest of the ecosystem will) (243 points, 146 comments)
   3. Censorship question (158 points, 164 comments)
   4. The newest Bitcoin CASH billboard is coming to Silicon Valley! ($1,000 in Bitcoin Cash giveaway contest) (90 points, 38 comments)
   5. Core supporter mentality: Why would anyone ever switch from Myspace to Facebook? Of course they won't, we are already #1 (73 points, 67 comments)
   6. Insights from "a professional capacity planner for one of the world’s busiest websites" on the block size issue. (59 points, 18 comments)
   7. South Korean Startups Are Preparing To Fight The Government's ICO Ban (48 points, 2 comments)
   8. Meanwhile in Japan: (20 points, 21 comments)
3. 895 points, 7 submissions: poorbrokebastard
   
   1. Is segwit2x the REAL Banker takeover? (288 points, 400 comments)
   2. No supporter of Bitcoin Cash ever called it "Bcash." (207 points, 328 comments)
   3. The real upgrade happened on August 1st, 2017 (186 points, 206 comments)
   4. We are building a Big Blocker's Arsenal of Truth and we need your help! (143 points, 163 comments)
   5. Understanding the Implications of Restricting Capacity in a Peer to Peer Cash System. (53 points, 42 comments)
   6. Block space is a market-based, public good, NOT a centrally controlled, restricted commodity. (18 points, 48 comments)
   7. Crypt0 on youtube talks about the Segwit2x Banker Takeover (0 points, 3 comments)
4. 866 points, 4 submissions: jessquit
   
   1. I think we need an EDA fix before the Nov hardfork (540 points, 352 comments)
   2. If you still think that SW2X is going to be a nice clean upgrade per the NYA you're smoking crack (136 points, 177 comments)
   3. Bitcoin Cash is the real Bitcoin, even if Segwit currently has greater market share due to its stronger shilling (104 points, 140 comments)
   4. "Firing Core" by running SW2X makes as much sense as firing the Linux kernel devs by running Ubuntu. (86 points, 69 comments)
5. 785 points, 8 submissions: btcnewsupdates
   
   1. Overstock accepts Bitcoin Cash - BCH holders can now buy Home Goods, Bed & Bath Essentials, Jewellery & More! (586 points, 117 comments)
   2. Bitcoin Cash Gains More Infrastructure In the Midst of Segwit2x Drama - Bitcoin News (80 points, 35 comments)
   3. To commemorate its Bitcoin Cash addition, GMO has launched a cash-back campaign for bitcoin cash of up to 25,000 yen (40 points, 0 comments)
   4. India’s Koinex Exchange to Enable Bitcoin Cash Trading Soon (31 points, 13 comments)
   5. Unregulated Is Not Lawless - CFTC is investigating Coinbase’s Ethereum flash crash (23 points, 6 comments)
   6. SimpleFX, online Forex & Cryptocurrency broker recently introduced Bitcoin Cash as a deposit currency (22 points, 0 comments)
   7. Bitcoin Cash Popularity Allows ViaBTC Mining Pool to Surpass 1 Exahash (3 points, 0 comments)
   8. Trade Bitcoin Cash CFDs - The Rapidly Rising Crypto - plus500.co.uk‎ (0 points, 0 comments)
6. 745 points, 18 submissions: cryptorebel
   
   1. Great analysis by singularity and jessquit on how anti-btc trolls shifted: "suddenly last year they all disappeared, and a new type of bitcoin user appeared who were fully in support of bitcoin but they just so happened to support every single thing Blockstream and its employees said and did." (102 points, 50 comments)
   2. Don't fall for EDA Dragons Den FUD. EDA is a powerful weapon that could kill off or cripple the segwit chain for good. Legacy coin has no EDA crash barrier as this article explains. This is why small blockers use FUD us to disarm the EDA (78 points, 118 comments)
   3. Roger Ver CEO of bitcoin.com says that from his point of view the segwit2x split just gives him more coins to sell for the Bitcoin Cash version which he thinks is the more useful Bitcoin @3min41s mark (71 points, 33 comments)
   4. Proof the new Dragons Den plan could be to try to split BCC with an EDA change. Mrhodl is confirmed Dragons Den, and Cobra Bitcoin is the leader of bitcoin.org which is making enemy lists for big block supporting businesses. (70 points, 47 comments)
   5. Right now segwit2x (BT2) is trading for $1143 and segwit1x (BT1) is $3070 on Bitfinex futures markets. Even with not the greatest terms, you would expect 2x to be much higher. I believe this bodes well for BCC. (61 points, 112 comments)
   6. The other day people were suggesting we do an EDA change before the November 2x fork. Here is why I think that is a terrible idea, and why we should only consider EDA change AFTER the 2x fork. (58 points, 40 comments)
   7. "Nick, Adam and others saw the flaw in the system being that they could not ensure one vote one person.. The flaw in that reasoning is assuming that one vote one person was ever a goal. Miners act economically not altruistically." (57 points, 14 comments)
   8. Original chain is now only 4.8% more profitable than Bitcoin Cash chain after the most recent EDA adjustment on BCC. Very normal blocktimes. Where is the EDA dragons den FUD now? (53 points, 33 comments)
   9. Great Explanation from Peter Rizun at 6min mark, on why Segregated Witness no longer fits the Definition of Bitcoin in the Whitepaper as a Chain of Signatures. (51 points, 19 comments)
   10. Right now segwit2x is $650 and segwit1x is $3906. Search for BT1 and BT2 on this page and you can see the futures prices. (51 points, 102 comments)
7. 640 points, 3 submissions: BeijingBitcoins
   
   1. "Am I so out of touch?" (441 points, 163 comments)
   2. Bitcoin Cannot Be Only a Store of Value - excellent article by OpenBazaar dev Chris Pacia (189 points, 47 comments)
   3. Interesting research paper: Troops, Trolls and Troublemakers: A Global Inventory of Organized Social Media Manipulation (10 points, 2 comments)
8. 622 points, 2 submissions: routefire
   
   1. "Everyone who supported UASF and now complains about S2X out of fear of confusion/lack of mandatory replay protection is a hypocrite. UASF did not have ANY replay protection, not even opt-in. UASF did not even have wipe-out protection!" (394 points, 133 comments)
   2. While /bitcoin was circle-jerking to the idea that no exchange would list the SW2x chain as BTC, Bitcoin Thailand's comment to the contrary was removed from the very same thread! (228 points, 70 comments)
9. 510 points, 6 submissions: BitcoinIsTehFuture
   
   1. Bitfinex announcement about issuing BT1 & BT2 "Chain Split Tokens" to allow Futures trading. (BT1 = Segwit1x; BT2 = Segwit2x) (172 points, 173 comments)
   2. By proving that it can be done (getting rid of Core) this will set a HUUGE precedent and milestone that dev teams and even outright censorship cannot overtake Bitcoin. That will be an extremely bullish occasionfor all crypto. (149 points, 84 comments)
   3. Bitfinex is going to call Segwit2x coins "B2X" and let Core chain retain "BTC" ticker symbol. Bitfinex is therefore calling Segwit2x an altcoin and Core the "real chain". (138 points, 70 comments)
   4. The goal of all the forks appears to be to dilute investment in the true forks: Bitcoin Cash and Segwit2x. A sort of Scorched Earth approach by Blockstream. They are going to try to tear down Bitcoin as they get removed. (35 points, 11 comments)
   5. Blockstream be like (10 points, 11 comments)
   6. In light of all these upcoming forks, we need a site where you can put in a BTC address and it checks ALL the forks and says which chains still have a balance for that address. This way you can split your coins and send coins carefully. (6 points, 6 comments)
10. 508 points, 3 submissions: xmrusher
    
    1. Can we take a moment to appreciate Jeff Garzik for how much bullshit he has to deal with while working to give BTC a long-needed upgrade that Core has been blocking for so long? (278 points, 193 comments)
    2. The very objective article "Bitcoin is not ruled by miners" on the "bitcoin wiki" was added by theymos on 8th of August this year. Nothing strange to see here, just an objective, encyclopedia-quality overview! (155 points, 58 comments)
    3. According to Crooked Greg, Jeff merging opt-in replay protection is "alarming", because it must mean Jeff wants to blacklist people's addresses too. Core devs keep lying and manipulating to stir more drama and further the split in the community. Disgusting! (75 points, 16 comments)
11. 505 points, 4 submissions: WalterRothbard
    
    1. Sam Patterson on Twitter: Can anyone explain why miners and CEOs agreeing to a 2mb hard fork was no big deal with the HKA but is a "corporate takeover" with the NYA? (221 points, 85 comments)
    2. Apparently Bitcoin requires trust now - trusting Core. I didn't get that memo. I think I'll opt out. (169 points, 139 comments)
    3. Erik Voorhees on Twitter: Nothing about NYA was secret (106 points, 34 comments)
    4. How much BTC is in segwit addresses? (9 points, 25 comments)
12. 480 points, 3 submissions: BitcoinXio
    
    1. Friendly reminder: if you haven't yet, watch this video which shows reddit is gamed and manipulated by professional shills paid by companies with huge million dollar budgets. It is up to our community to defend itself against these bad actors. (325 points, 99 comments)
    2. Blockchain CEO Peter Smith on Twitter: "We've dedicated our lives to building bitcoin products, introduced millions to bitcoin, evangelized, long before it was cool. Enemies?" (in response to Adam Back) (147 points, 47 comments)
    3. Liberty in North Korea: Reddit online community members join forces to assist in the placement of North Korea’s Hermit Kingdom refugees (8 points, 3 comments)
13. 459 points, 4 submissions: singularity87
    
    1. The entire bitcoin economy is attacking bitcoin says bitcoin.org! You can't make this shit up. (435 points, 279 comments)
    2. Understanding Bitcoin - Incentives & The Power Dynamic (13 points, 1 comment)
    3. Understanding Bitcoin - What is 'Centralisation'? (9 points, 9 comments)
    4. Understanding Bitcoin - Validity is in the Eye of the Beholder (2 points, 25 comments)
14. 434 points, 3 submissions: Gregory_Maxwell
    
    1. Wikipedia Admins: "[Gregory Maxwell of Blockstream Core] is a very dangerous individual" "has for some time been behaving very oddly and aggressively" (214 points, 79 comments)
    2. Gregory Maxwell: I didn't look to see how Bitcoin worked because I had already proven it (strong decentralized consensus) to be impossible. (122 points, 103 comments)
    3. LAST 1000 BLOCKS: Segwit2x-intent blocks: 922 (92.2%) (98 points, 99 comments)
15. 419 points, 1 submission: Testwest78
    
    1. Making Gregory Maxwell a Bitcoin Core Committer Was a “Huge Mistake” Says Gavin Andresen (419 points, 231 comments)
16. 412 points, 14 submissions: knight222
    
    1. Kudos to Theymos who wanted to clear things up... (311 points, 89 comments)
    2. COINFUCIUS on Twitter: We are working with the machine's manufacturer to incorporate Bitcoin Cash support. This is a priority for us. (76 points, 2 comments)
    3. Cash, credit ... or Bitcoin? St. John's gets 1st cybercurrency ATM - Newfoundland - Labrador (9 points, 1 comment)
    4. Banks like the potential of digital currencies but are cool on bitcoin, UBS says (3 points, 0 comments)
    5. The Feds Just Collected $48 Million from Seized Bitcoins (3 points, 1 comment)
    6. while Bitcoin users might get increasingly tyrannical about limiting the size of the chain so it's easy for lots of users and small devices. (3 points, 3 comments)
    7. ‘Fraud.’ ‘More than a fad.’ The words Wall Street CEOs are using to describe bitcoin (2 points, 0 comments)
    8. Bitcoin is creating stark divisions on Wall Street (1 point, 0 comments)
    9. Bitcoin: Bitcoin's rise happened in the shadows. Now banks want in (1 point, 0 comments)
    10. Japan’s Biggest Bank Plans to “Overcome” Bitcoin Volatility with 'MUFG Coin' (1 point, 0 comments)
17. 406 points, 5 submissions: jonald_fyookball
    
    1. Normal, real twitter users don't add [UASF], [No2x] or any "causes" to their user handles. Obvious astroturfing is obvious. Do they really think they are fooling anyone? (175 points, 134 comments)
    2. Greg Maxwell (and others) may be engaging in the illegal harassment of Jeff Garzik. (92 points, 24 comments)
    3. Bitcoin Cash FAQ updated. Explains why Bitcoin Cash doesn't have SegWit and why it was not considered a capacity increase (87 points, 11 comments)
    4. Is it all a bait and switch campaign? (32 points, 14 comments)
    5. Possible EDA simulation algorithm sketch (20 points, 12 comments)
18. 404 points, 3 submissions: Annapurna317
    
    1. Everyone should calm down. The upgrade to 2x has 95%+ miner support and will be as smooth as a hot knife through butter. Anyone that says otherwise is fear monguring or listening to bitcoin propaganda. (364 points, 292 comments)
    2. Notice: Redditor for 3-4 months accounts or accounts that do not have a history of Bitcoin posts are probably the same person or just a few people paid to manipulate discussion here. It's likely a paid astroturfing campaign. (38 points, 30 comments)
    3. The latest TED Radio Hour titled “Getting Organized” talks about the decentralized algorithms of ants and how centralization is not the most ideal state of an organization. (2 points, 0 comments)
19. 385 points, 1 submission: squarepush3r
    
    1. Dangerous direction for /btc, possible jump the shark moment. Witch-hunting, paid troll and Dragon Den's accusation to justify censorship. (385 points, 201 comments)
20. 381 points, 1 submission: hunk_quark
    
    1. Why is there so much debate on whether Bitcoin is store of value or digital currency? Satoshi's white paper was pretty clear it's a digital currency. (381 points, 182 comments)
21. 369 points, 5 submissions: craftercrafter
    
    1. Gavin Andresen on Twitter: Early bitcoin devs luckily picked the right project at the right time. None are irreplaceable, bitcoin will succeed with or without us. (293 points, 57 comments)
    2. Antpool, BTC.TOP & Viabtc all said EDA is a temporary design for BCC. They are just waiting for the new algorithm. (34 points, 19 comments)
    3. SimpleFX, an Online Forex & Cryptocurrency Broker, Adds Bitcoin Cash Payments as well as Bitcoin Cash Trading Pairs! (27 points, 1 comment)
    4. BCC Miners, two EDAs have locked in. This will reduce mining difficulty to 64.00%. If you are aiming to achieve profit parity, you should start mining after the next EDA (in 2.5 hours), because then the difficulty will be at 51%, which gives profit parity on both chains and steady block rate. (9 points, 14 comments)
    5. Antpool, Viabtc, Bitcoin.com, BTC.com, we need to hear your voice. In the case of a scheduled hardfork for updating the EDA, will your pool follow? (6 points, 18 comments)
22. 348 points, 6 submissions: specialenmity
    
    1. Fact: proof of work which is the foundation of bitcoin and not invented by Adam back was designed to counter attacks where one person falsely represents to be many(like spam). Subreddits and twitter dont form the foundation of bitcoin for a reason. (156 points, 27 comments)
    2. I'm a small blocker and I support the NYA (87 points, 46 comments)
    3. Devs find clever way to add replay protection that doesn't change transaction format which would break software compatibility and cause disruption. G. Max responds by saying that this blacklisting is a sign of things to come. (49 points, 57 comments)
    4. Five ways small blocks (AKA core1mb) hurt decentralization (36 points, 4 comments)
    5. Even if bitcoins only use to society was avoiding negative interest rates, bail-ins + bail-outs, that is incredibly useful to society. Of course a banker like Jamie Dimon would call something a fraud that removes a "bank tax" on society by allowing them to avoid these fraudulent charges. (18 points, 0 comments)
    6. There are different kinds of censorship. The core propagandists are unwittingly great advocates of economic censorship (2 points, 1 comment)
23. 286 points, 2 submissions: coincrazyy
    
    1. Rick Falkvinge on Twitter - "Blockstream's modus operandi is not particularly hard to copy. It's just so cheap and shortsighted." -Gets 5000 ReTweets and 5000 likes in 30 mins. TO PROVE A POINT. ASTROTURFING DOES NOT MEAN CONSENSUS (164 points, 15 comments)
    2. Segwit was invented by "cypherpunks" THAT FAILED TO CREATE A VIABLE DIGITAL CURRENCY. Bitcoin was created by a cypherpunk that SUCCEEDED. (122 points, 118 comments)
24. 257 points, 2 submissions: olivierjanss
    
    1. Why Bitfinex’s “Chain Split Tokens” are completely biased towards the small block side (again) (205 points, 165 comments)
    2. Reminder of what took place behind closed doors in 2016, revealing Blockstream & Core's quest for domination & lies. (52 points, 3 comments)
25. 254 points, 9 submissions: SeppDepp2
    
    1. #SegWit2x is an upgrade to BTC and will use the BTC ticker. (103 points, 59 comments)
    2. Core rage quitting Swiss Bitcoin Association ? - Due to a CSW free speech ? - OMG - grow up little prejudges! (76 points, 141 comments)
    3. "Venezuela could soon decide to adopt the Bitcoin as its new currency" - Hope they'll use Satoshi's Bitcoin Cash - They cannot afford high fees like most No2X / NoCash puppets! (36 points, 6 comments)
    4. A short logical layman proof definition of Bitcoin: Look up, what Bitcoin really is: 1) Whitepaper 2) First code version Bitcoin is Bitcoin Cash and includes e.g. the witness. Segwit - Bitcoin is an alternative to this (ALT). (17 points, 3 comments)
    5. Core gets hyperallergic about a free speach of CSW in neutral Switzerland (6 points, 35 comments)
    6. Different Bitcoins: Value proposition, trust, reputation - confidence (6 points, 0 comments)
    7. Four Different November Scenarios (6 points, 24 comments)
    8. Swiss biggest FinTech launches BITCOIN Tracker (valid up to 2020) (2 points, 1 comment)
    9. Watch out for this kind of pattern! If it comes to such a segregation of good old members into good and enemy its gonna be dirty! (2 points, 0 comments)
26. 230 points, 2 submissions: williaminlondon
    
    1. PSA: latest rbitcoin post "It's time to label (and remove from reddit.com) what is plainly obvious: btc is a monetized subreddit for bitcoin.com." (126 points, 57 comments)
    2. Did anyone notice how angry Blockstream / Core people are whenever good news are posted here? (104 points, 108 comments)
27. 227 points, 1 submission: dskloet
    
    1. All the #no2x bullshit is the fault of the people who agreed to activeate SegWit before 2x. (227 points, 199 comments)
28. 226 points, 5 submissions: opling
    
    1. Japan's Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid Card (112 points, 1 comment)
    2. Large Japanese Energy Supplier Adds Bitcoin Payments With a Discount (44 points, 4 comments)
    3. Bitcoin ATMs On the Rise in Russia (40 points, 2 comments)
    4. Russia's Central Bank Instructs Clearinghouse Not to Settle Cryptocurrency Contracts (18 points, 1 comment)
    5. Government Head of IT Department Fired for Mining Bitcoin Using State-Owned Computers in Crimea (12 points, 2 comments)
29. 222 points, 2 submissions: GrumpyAnarchist
    
    1. Xapo just sold off another 70,000 BCH today, that might explain the price. They're down to 176K in their main wallet now. (166 points, 132 comments)
    2. Roger, can you make Bitcoin Cash an option, with maybe a link to info, in the original wallet setup phase for the Bitcoin.com wallet? (56 points, 28 comments)
30. 216 points, 7 submissions: uMCCCS
    
    1. TIL a BS employee, Chris Decker, and some other people released a study that says "4 MB blocks don't cause centralization" (128 points, 19 comments)
    2. Without ASICs, there would be large botnets that are more centralized (44 points, 43 comments)
    3. Bitcoin-ML Bucketed UTXO Commitment (a.k.a. Blockchain pruning!) (27 points, 6 comments)
    4. Bitcoin Cash is Satoshi's BitCoin, not altered Bitcoin (10 points, 10 comments)
    5. TIL BashCo has a website "2x Countdown" (5 points, 1 comment)
    6. How true is rBTC censorship? (2 points, 7 comments)
    7. If S1X lives and Core Never HardForks, BTC will die in year 2038 (0 points, 7 comments)

Top Commenters

1. williaminlondon (3150 points, 739 comments)
2. poorbrokebastard (2114 points, 518 comments)
3. cryptorebel (1768 points, 257 comments)
4. space58 (1313 points, 201 comments)
5. Adrian-X (1109 points, 235 comments)
6. knight222 (1037 points, 157 comments)
7. bitcoincashuser (946 points, 188 comments)
8. jessquit (901 points, 150 comments)
9. ---Ed--- (758 points, 185 comments)
10. LovelyDay (742 points, 125 comments)
11. jonald_fyookball (720 points, 106 comments)
12. Not_Pictured (701 points, 111 comments)
13. awemany (675 points, 173 comments)
14. BitcoinXio (611 points, 41 comments)
15. Gregory_Maxwell (609 points, 90 comments)
16. singularity87 (608 points, 44 comments)
17. 2dsxc (587 points, 79 comments)
18. BitcoinIsTehFuture (567 points, 79 comments)
19. BTCrob (534 points, 214 comments)
20. H0dl (531 points, 79 comments)
21. dskloet (517 points, 94 comments)
22. Ant-n (509 points, 132 comments)
23. nullc (497 points, 66 comments)
24. tippr (483 points, 284 comments)
25. todu (476 points, 63 comments)
26. GrumpyAnarchist (472 points, 127 comments)
27. tophernator (462 points, 78 comments)
28. livecatbounce (456 points, 61 comments)
29. kenman345 (453 points, 49 comments)
30. cryptonaut420 (403 points, 50 comments)

Top Submissions

1. Overstock accepts Bitcoin Cash - BCH holders can now buy Home Goods, Bed & Bath Essentials, Jewellery & More! by btcnewsupdates (586 points, 117 comments)
2. I think we need an EDA fix before the Nov hardfork by jessquit (540 points, 352 comments)
3. "Am I so out of touch?" by BeijingBitcoins (441 points, 163 comments)
4. The entire bitcoin economy is attacking bitcoin says bitcoin.org! You can't make this shit up. by singularity87 (435 points, 279 comments)
5. Making Gregory Maxwell a Bitcoin Core Committer Was a “Huge Mistake” Says Gavin Andresen by Testwest78 (419 points, 231 comments)
6. "Everyone who supported UASF and now complains about S2X out of fear of confusion/lack of mandatory replay protection is a hypocrite. UASF did not have ANY replay protection, not even opt-in. UASF did not even have wipe-out protection!" by routefire (394 points, 133 comments)
7. Dangerous direction for /btc, possible jump the shark moment. Witch-hunting, paid troll and Dragon Den's accusation to justify censorship. by squarepush3r (385 points, 201 comments)
8. Why is there so much debate on whether Bitcoin is store of value or digital currency? Satoshi's white paper was pretty clear it's a digital currency. by hunk_quark (381 points, 182 comments)
9. Everyone should calm down. The upgrade to 2x has 95%+ miner support and will be as smooth as a hot knife through butter. Anyone that says otherwise is fear monguring or listening to bitcoin propaganda. by Annapurna317 (364 points, 292 comments)
10. Friendly reminder: if you haven't yet, watch this video which shows reddit is gamed and manipulated by professional shills paid by companies with huge million dollar budgets. It is up to our community to defend itself against these bad actors. by BitcoinXio (325 points, 99 comments)

Top Comments

1. 194 points: cryptorebel's comment in Dangerous direction for /btc, possible jump the shark moment. Witch-hunting, paid troll and Dragon Den's accusation to justify censorship.
2. 167 points: EH74JP's comment in The entire bitcoin economy is attacking bitcoin says bitcoin.org! You can't make this shit up.
3. 158 points: BobWalsch's comment in I think we need an EDA fix before the Nov hardfork
4. 157 points: BitcoinXio's comment in Dangerous direction for /btc, possible jump the shark moment. Witch-hunting, paid troll and Dragon Den's accusation to justify censorship.
5. 149 points: MemoryDealers's comment in All the #no2x bullshit is the fault of the people who agreed to activeate SegWit before 2x.
6. 116 points: Testwest78's comment in Making Gregory Maxwell a Bitcoin Core Committer Was a “Huge Mistake” Says Gavin Andresen
7. 115 points: 2dsxc's comment in I think we need an EDA fix before the Nov hardfork
8. 106 points: Piper67's comment in jgarzik please do not add replay protection
9. 106 points: singularity87's comment in The entire bitcoin economy is attacking bitcoin says bitcoin.org! You can't make this shit up.
10. 99 points: zowki's comment in Bitcoin.com Pool stabilized the Bitcoin Cash blockchain (prevented excessive EDAs)

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Hi all,
I posted this thread on a Forex forum, I re-post it here hoping to get more advice.
I live in China, and I'm a newbie to Forex trading. I plan to deposit 5,000 USD to experiment Forex trading after I get used to the demo account. After I'm OK with 5K USD, I may invest not less than 10K.
I'm struggling to choose a broker, here are my criteria,
1, Allow hedging. I'm 100% wanting this. Indeed I'm not going to hedge the same amount of money at the same time to earn quick money (which is often used in big news event). What I want to do is, I have a long term position which will be there for several weeks, then I do some short term positions (intraday or several days). That's possible that I have two positions in two directions at the same time.
2, Money safety. During my Googling, I found that some brokers close a trader's account just because he/she earns too much money.
3, 100:1 leverage. 50:1 is not too bad but 100:1 gives me more flexibility.
4, Prefer to NDD (ECN or STP), but DD and MM is acceptable if money safety is guaranteed.
5, Regulates with NFA or FCA.
6, Support depositing using credit card. This is cheapest way for me, at least cheaper than wire transfer.
7, Easy to open an account. I prefer to open an account via internet only so I don't need post a lot of certifications to the broker.
The other points except 1 are tolerant, but I really want point 1 and I think it will be important to me.
Now comes to the brokers I've done some research on. I've checked a little with Oanda, FXCM, forex.com, and FXDD.
Oanda, the most money safety one. 50 leverage. However, it doesn't allow hedging.
All other brokers in my list are not as same money safety as Oanda.
FXCM, the one that's really annoying me is the margin. Why margin for a lot of EURUSD is $750? That's really weird and is not connected to the real price. Can any one explain to me?
Forex.com, as big as FXCM, but in the event that ECB put down the interest to 0.25% at Nov.7 this year, a lot of Chinese traders get network error and lost money. That scared me.
FXDD, not as old as Oanda, and not as big as FXCM and Forex.com, and registered in Malta...
So, what's your advice of a proper broker for me? The one not on my list is OK too.
Thanks
EDIT: another disadvantage of Oanda is that they have 6 candles a week, but it's a trivial problem since I can use other broker's MT4 for technical analysis.