Tuesday, January 14, 2020
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[uncensored-r/BitcoinMarkets] [Daily Discussion] Wednesday, January 15, 2020
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Thread topics include, but are not limited to:
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Whale Alert: $1 Billion (0.7% Of Total Bitcoins) Just Transferred For $80 Fees (current BTC/USD price is $8,753.91)
Latest Bitcoin News:
Whale Alert: $1 Billion (0.7% Of Total Bitcoins) Just Transferred For $80 Fees
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
[Daily Discussion] Wednesday, January 15, 2020
Thread topics include, but are not limited to:
- General discussion related to the day's events
- Technical analysis, trading ideas & strategies
- Quick questions that do not warrant a separate post
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- Altcoins Discussion: Altcoin Discussion
[Altcoin Discussion] Wednesday, January 15, 2020
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[Overbit Event - Hong Kong, 6 Feb 2019] How to Trade and Win with Bitcoin in 2020
Bitcoin Jesus Roger Ver Says BTC Is Basically a Pyramid Scheme (current BTC/USD price is $8,799.46)
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Bitcoin Jesus Roger Ver Says BTC Is Basically a Pyramid Scheme
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Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
Bylls — the Canadian Bitcoin bill payment service by Bull Bitcoin — celebrates its 6th birthday
I sometimes find it hard to believe that it has already been 6 years since the public launch of Bylls on January 13 2014. What started out as a simple and humble “garage startup”, the world’s first Bitcoin bill payment service, evolved into so much more.
Bylls eventually became the company that people know today as Bull Bitcoin, and it is from Bylls’ UASF advocacy that sprouted the Cyphernode open-source project. I also like to think of Bylls as a “bitcoin culture” institution that served as the vanguard of the Bitcoin Maximalist and Cypherpunk movements within the Bitcoin exchange and payments industry.
Happy Birthday Bylls! 🎂
What is Bylls?
For those of you who don’t know about Bylls, here’s a short summary:
- Bylls lets Bitcoin users pay any bill in Canada with Bitcoin. We offer a comprehensive list of nearly 9000 billers (credit cards, utilities, telcos, taxes, brokerage accounts, law firms, “joe the plumber”, etc.)
- Bylls lets Bitcoin users pay anyone or any business in Canada with Bitcoin by adding them as a personal payee (rent, employees, suppliers, friends).
- The recipient of the payment doesn’t need to do anything and doesn’t even need to know you are using Bitcoin, as long as they are on our biller list or the user has his banking details.
- Bylls is available exclusively to residents of Canada and all the recipients must also be, exclusively, individuals or companies residing in Canada.
- Mission: Building the software and financial infrastructure for the Bitcoin Standard.
- Core values: Skin-in-the-game, Bitcoin Maximalism, Cypherpunk ethos.
Short history of world’s first Bitcoin bill payment service
Bylls was founded in 2013 by Eric Spano, a Montreal entrepreneur part of the original Bitcoin Embassy team. Eric, one of my earliest and most influential mentors, is a true Bitcoin OG. Check out his 2014 Bitcoin Ted Talk or his 2019 Podcast on Tales From the Crypt which describes in great detail the inception of Bylls.
When Bylls was launched, I was Public Affairs Director at the Bitcoin Embassy, the world’s first physical Bitcoin hub (a 14,000 square feet building downtown Montreal). Bylls was effectively a one-man operation, with Eric doing pretty much everything himself. I wasn’t directly involved with the company, but Bylls was one of the startups in the Embassy’s incubator program, so I was helping out in various ways. My first “public appearance” in the Bitcoin industry was actually to man the Bylls booth at the Toronto Bitcoin Expo in 2014!
In 2015, Eric was offered a huge career opportunity that he couldn’t accept without stepping down from running Bylls. It was to me an inconceivable tragedy for Bitcoin to let Bylls quitely close down. For the past 2 years, whenever somebody asked me “what can you do with Bitcoin?”, I would always reply “well, for starters, you can pay all your bills in Canada, even your taxes and your credit card”. What was I going to say now?
I had just founded my company Satoshi Portal Inc. with the aim of developing a non-custodial Bitcoin exchange (which eventually became Bull Bitcoin). And so, I acquired Bylls from Eric and it immediately became the focus of all my energy. For the first year, our team consisted of only 2 people including our lead developer Arthur which is still working on Bylls features to this day. From the beginning until today, we are still 100% self-funded. We grew organically and slowly. My philosophy on entrepreneurship and startup scaling is articulated in this medium post.It has been an incredibly intense journey. I cannot think of a more challenging professional experience than being a startup founder and entrepreneur in the Bitcoin industry. The number of Bitcoin startups that have perished since is a stark reminder. Some of them sank quietly, but many went down in flames taking down their users with them. The fact that Bylls is still standing — without VC funding and with its reputation intact — is my proudest achievement.
Over the past 4 years. we completely redesigned the software, continuously adding new features, but the core of the service remained the same. Most importantly, we added the ability for users to pay any individual or business in Canada by creating a personal biller from their bank details. Previously, they were limited to Bylls’ biller list of around 9000 billers.
One of the defining moments in the history of Bylls was UASF. Bylls was one of the first Bitcoin companies to support BIP-148 for the activation of Segwit (second after Bitconic). Not only that, but we were the first to run a public BIP-148 block explorer and public UASF electrum server. We had done a “seppuku pledge” regarding BIP-148, meaning that we would only accept coins from the UASF segwit chain and would pay the Bitcoin market price for them. If UASF had failed, we would not have survived. This cemented our ideology of “skin-in-the-game”. We would never compromise on our values, no matter the cost. Our policy on forks (2017) was described here. But the jist of it is:
Satoshi Portal is a Bitcoin-only company and does not conduct any transaction in any altcoin, including altcoins that are the result of a fork of the Bitcoin blockchain and which can be spent with Bitcoin private keys. This includes, but is not limited to, the coins commonly referred to as BCash, Segwit2X, BGold, Clams and Lumens.We strongly oppose the “New York Agreement” and will under no circumstance ever recognize the Segwit2X blockchain (and BTC1 client) as Bitcoin, regardless of market response or hashing power. In the unlikely event that an overwhelming majority of the Bitcoin ecosystem migrates to the Segwit2X blockchain, Satoshi Portal will continue nevertheless to support the Bitcoin blockchain.
Following the UASF/NO2X “war” in 2017, we devoted a large prortion of ressources to building Cyphernode, an open-source project that makes it very easy for startups to build and deploy Bitcoin applies without any third-parties, using exclusively their own full nodes. We are still developing this project today and plan on actively maintaining it in the future.
It is also worth noting that Bylls has never accepted any altcoins and was one of the first company to pledge never to accept altcoins in the future, leading to what became the “Bitcoin-Only” movement. We were also the first Bitcoin exchange and payment processing company, to our knowledge, that has integrated coinjoin as part of its processes.
Unbanking yourself with Bylls
The coolest feature of Bylls is that you can pay pretty much all your expenses with Bitcoin without needing to go through a bank account. In Canada, you can obtain a credit card without having it linked to a bank account. In 2016, the last of my personal bank accounts was closed due to my activities in the Bitcoin industry. I decided not apply at another bank and try the experiment of living completely unbanked. I’m happy to report it was a success, and serves as a powerful testament for the use-cases provided by Bylls.
I really like the idea of not owning any fiat. You can pay pretty much all daily expenses with a credit card, and pay back the debt with Bitcoin. Of course you have fiat-denominated debts which conveniently tends to diminish in price over time.
You can withdraw cash from a credit card and pay it off instantly with Bylls, so you can get access to cash at any time, in any country across the world, without having a bank account. The only inconvenience is the cash advance fee.
When you have to pay larger amounts such as rent or whatever services don’t accept cash or credit card, you can find the biller in the Bylls list or ask the recipient for his banking details, the same as you would for a wire transfer.
The future of Bylls
Many people ask us if we intend to expand outside of Canada. The answer is, unequivocally, no. We will always be a Canada-only, Bitcoin-only company. That doesn’t mean that we stop working hard to improve our services. We will continue to be the first to integrate the cutting-edge Bitcoin technologies that
Here is are some of the features you can expect in 2020:
- Pay billers via Interac E-Transfer instead of Direct Deposit only
- More advanced Coinjoin and privacy features
- Bylls merchant services: Bitcoin-payable invoices to clients
- Pay bills with L-BTC using the Liquid Network
- Enhanced PGP and OpenTimestamps security features
- Auto-sell Bitcoin addresses
- E-commerce integration
Thanks for reading! 🎂
Yours truly,
Francis
Original post here: https://medium.com/bull-bitcoin/bylls-the-canadian-bitcoin-bill-payment-service-by-bull-bitcoin-celebrates-its-6th-birthday-ef6d22acdf2a
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[Part - 21] Large college ebooks/eTextbooks thread for cheap rates [$4 to $25]
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[Part - 22] Large college ebooks/eTextbooks thread for cheap rates [$4 to $25]
-
First of all you can check my reviews from the past customers here
-
Please comment "Messaged" below in the comment section and then send the name of the book/author via Personal Message(PM) or email me at itailexpert@gmail.com
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I have the latest editions available for every book, I also have the Canadian editions available
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Payment Methods: Paypal and Bitcoins and Amazon Gift cards
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I will send you the books through Google-Drive link once the payment is confirmed by you
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If you are new to Reddit than you can reach out to me through email: iTailExpert@gmail.com
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If your desired book is not on the list, then please send me your request through email
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In addition to books, I also have test banks and solutions available which can be requested through email.
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Round 2 of funding for Kain_niaK's BCH Stickers ASIA project (token KAIN1, as in Kain_niak's first project)
My first round of funding can be found here.
I have about 300 USD in funding now. I need 300 USD more.
After collecting this 300 USD in BCH and handing out my KAIN1 tokens, my programmer disappeared on me completely. (the deal was to pay him after the job). But now I have found a new programmer who I believe is eager to go to work. Again he will not be paid until a good chunk of work is done. It's not a problem for programmers that know my character because I don't cheat them out of their money. As soon as my programmer starts working the BCH will be sold for a stablecoin and put in cold storage so a market crash can not ruin the party. Unless my programmer requests otherwise but then he takes on risk for himself.
Alright so what is the plan?
Phase 1: A website that just shows you a shipping address input form. When you put in a shipment address, the website check the validity of the address and then calculates how much it would cost to send a normal envelope with 10 maybe 20 "we accept BCH" stickers.
Phase 2: BCH integration in to the website, now that the shipping cost is estimated, the website adds a bit of money (this will be profit until the project is break even and everybody has their money back, then I will lower the cost price) and then serves a BCH payment URI in the same style as Bitpay does. this means when you paste this in to Electron Cash it auto fills in the amount and everything.
Phase 3: Find a person on the ground in Asia that can print "We accept BCH stickers" and ship them.
Phase 4: connect the website to his person so he automatically gets the orders and can get print stickers and ships them on each order.
This is what the programmer will do for 700 USD in BCH by Dec 9.
In the beginning this person will get some start up capital to set him up to print "We accept BCH" stickers" (I will most likely pay for this out of pocket) but when people order the BCH does not automatically go to him, it's put on hold until after I (as the manager of the program) has received word the stickers has arrived. Then the BCH is send to the person on the ground. When this person on the ground proves they are reliable this system can be changed so they directly get the BCH on each order.
The website would only be focussed towards serving asia for now.
Phase 5: Write BCH practical info material that can be printed on a A4 in each language of the asian countries. This material will be a step to step guide for merchants to accept BCH.
It will use this video as an example.
Problem 1: Right now Bitcoin.com app and Bitcoin Cash register do not work on every version of android or IOS. This needs to change to that even for people with phones from 2012 and OS from 2012 they can use something like the Bitcoin.com app and the Bitcoin Cash register.
The info material will have a very simple and step by step guide in the local language to show how merchants can accept BCH using a 2 phone system. Owner gets the BCH on a address on his phone. Employees use the cash register app and can not steal the BCH.
The stickers and the info material will be send in just normal regular envelopes, they will not be packages. Just 10 or 20 stickers plus a couple of A4 pages with info.
Now let's get to the funding process. I am about to create a token with the URL to this post as the Document URL. This token will be called: "Kain_niaK BCH Stickers ASIA project" with ticker KAIN1. 600 tokens will be created.
Why 600 tokens? because I am putting 100 USD of my own money (and risk) in to this project. I am selling 600 tokens for 1 dollar worth of BCH.
So when this project is running, and when people put in a order ... after the costs for printing the stickers and the info page and the shipping costs it will ad some extra satoshis to the amount. When people pay, this difference will directly be airdropped to the token holders BCH addresses.
Until a full 600 USD worth of BCH is dropped to the addresses and everybody has the same amount of USD back (in BCH) as they spend on the tokens.
What does this mean?
It means I am taking on 1/7th of the risk of this project myself and I am asking the community to talk the remaining 6/7th of risk. If you are going to fund, it's your duty to investigate and figure out if this is a realistic project or not. I will do my best but if it goes wrong and you never get the funding money back ... then you can not sue me for that. I myself will also have lost 100 USD on it.
It also means that as soon as everybody has their money back .... the prices of sending the stickers and info will drop so the project is self sustainable but without making a profit. That means people that use the service will only pay for the costs or material, the cost of shipment, and the wage for the person in Asia that does the work.
It means that the community will have a very neat service for them in the future. When you find somebody in asia that is willing to either start looking for merchants to hook up to BCH or a merchant that wans to start accepting BCH all you need is their mail address.
You then go to the website, fill it it and pay the BCH bill. It's a fire and forget service. It's costs will be as low as humanly possible. We focus on asia because shipping from a country in asia to another country in asia is cheap. Labor costs are lower, manufacturer costs are lower as well.
The other reason is this. Right now I have a telegram gram channel with 4000 people from countries like Bangladesh. These are types of people that use to work in clickfarms. Because of cryptocurrency they left these farms and started their own clickfarm operations online using telegram groups and cryptocurrency. I bet you guys did not know that this is happening. Why is this happening. Well in the old days these people depended on at least one guy with access to international banking... otherwise they could not get paid.
As soon as these click farm people figured out they no longer depended on this because of cryptocurrency they all left their old jobs.
What are these people doing now? They are doing scams. They upvote on reddit for dogecoin. They make it look like cryptocurrency scams are more popular than they really are. The fill in catchpa's to raid token faucets. All kinds of unethical shit.
We can put these people to work towards building a non speculative future for cryptocurrency. One that is not based upon ripping other people off. One that is based on added value. Real value that gets lost in the old system and gets added to the new system.
I recently send somebody in Bangladesh 20 USD in BCH. He is a student and he gets 20 USD a month from his parents.
People like him I am going to pay BCH to approach merchants and also offer the merchants a small "bribe" to start accepting BCH. If cryptocurrency is illegal in his country we will find whatever people there are using online and build a SLP token to make it look like it's the same thing. Or a skinned BCH wallet that looks like it's the same thing. (so no BCH stickers in that situation, but we will make other stickers"
So hereby I have suggested a project to the BCH community with a mechanism to become break even automatically because BCH revenue that is not costs will be airdropped automatically to the token holders until everybody is break even.
The community will then have a service to spread the minimum required material that is needed to get merchants in ASIA going. "We accept BCH stickers" plus a practical guide in the local language how a merchant can accept BCH.
We, the BCH community are the mothership but now we got to tentacle out. This is an idea for a service that will make it easier to tentacle out. A merchant in bangladesh where cryptocurrency is illegal has lots to lose by illegally starting to accept crypto but he also has lots of gain. He probably does not have access to international banking, probably not even have a bank account himself. What if he has a good idea but no capital to realize? It's only capitalism for us, but not for them because they HAVE NO ACCESS to capital. Well a merchant like that will plug in to the BCH community through contact people that are more integrated which themselves have contact people that re more integrated. He could follow this model to get funding for something. once he is integrated assessment can be made about his character and how likely it is that he will rip people off. Trust, when it has been established goes a long way.
This is very risky but we have to do it. Satoshi said:
We can win a major battle in the arms race and gain a new territory of freedom for several years
Well it's time we start arming the world. So far encryption tools have been passive. This is the first aggressive weapon. The first assault weapon. An assault on government and their monopoly on money systems. If I can bribe people in Bangladesh to start approaching merchants. If I can bribe merchants to start accepting BCH. Well eventually we will be able to bribe politicians there to make BCH legal. Perhaps even their new national currency. The sword cut's two ways. I believe Ross Ulbricht got arrested primarily because two FBI agents wanted his Bitcoins (or at least were very motivated to catch him because of his Bitcoins). That is a clear example of Bitcoin corrupting them. It that works with FBI agents it can work with anybody.
Kcoin #Cryptocurrency exchange will list #BitBall #BTB in #Bitcoin & #Tether #USDT trading pairs at 15:00 (GMT + 8) on 20/01/2020. @Kcoinintl #Crypto exchange is based in #China with 3,000 daily active users & 24hr volume of 1000 #BTC ($8,501,299) approx.
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