Your daily dose of Crypto
Content: Your daily dose of Crypto

1. The total market cap has risen 2.8% in the last 24 hours and stood at $2.23 trillion.

2. BTC blasts past $50k for the first time since May, amidst increasing adoptions and bullish momentum. Whereas, ETH has risen 2.8% in the last 24 hours and is testing resistance at $3.4k.

3. Alts such as DASH, RUNE, AMP, TEL, XMR saw a double digit rise in price in the last 24 hours.

4. PayPal has launched crypto services in UK. Users can now buy, sell and hold BTC, ETH, BCH and LTC. link

5. Binance Singapore has hired a former chief regulator of Singapore exchange, Richard Teng, to lead its regional operations. link

6. Centre Consortium has announced that stable coin USDC will revert to be backed by cash and short-term US treasuries. link

7. Iran has announced to revert the ban on legal crypto mining from Sept 22. Earlier in May, Iran had banned mining due to increasing pressure on its power grid. link

8. American rapper Tyga has announced to launch an OnlyFans competitor Myystar, in which creators will have the ability to sell their content as NFTs on the Ethereum blockchain. link

9. VISA has purchased a CryptoPunks NFT for 49.5 ETH. It quoted to add this to its collection of historic commerce artefacts. link

submitted by /u/Aegontarg07 to r/CryptoCurrency
[link] [comments]
Url: https://www.reddit.com/r/CryptoCurrency/comments/p9z44b/your_daily_dose_of_crypto/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Somebody transferred nearly 20k BCH to SmartBCH, something big to happen?
Content: Somebody transferred nearly 20k BCH to SmartBCH, something big to happen?

https://www.smartscan.cash/transaction/0x226f07b5b2404339f42a238741caa23ee996fab291b0fe454ea5f619a2dcfe68

submitted by /u/OrientWind to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/p9ygec/somebody_transferred_nearly_20k_bch_to_smartbch/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

The tipping thing actually works guys
Content: For example, someone tipped me on this sub few weeks ago and I must say that it opened my eyes to a whole new world of Bitcoin. For the longest time, I've been very skeptical of BTC bitcoin. Because it's too slow and the fee is too high. It didn't make sense to me why anyone would want to use such inefficient currency that costs you so much fees and takes so long to confirm transaction.

And yes, I've heard of the lightning network and I have used it with Muun wallet. It was interesting at first, but when I try to send my BTC to my Coinbase wallet, the fee was still outrageously high because Coinbase is not on lightning network. Also, it takes so long to confirm. It was back to square one.

Then, out of curiosity, I stumbled upon this sub and asked a bunch of questions about this new coin called BCH - Bitcoin Cash that I've never heard of. I thought, that's interesting. It has the same name as BTC Bitcoin. I thought it might be one of the scam coins and didn't pay much attention. I am sorry guys but when something has the same name as the most popular brand, most people would think that the less popular one is either a scam or a knockoff like a Chinese counterfeit product.

Then on this sub, someone tipped me. Oh, that is nice, I thought. So, I checked out the Bitcoin.com wallet and I started messing around with BCH. I bought some BCH myself and moved it around between my Coinbase wallet and the Bitcoin.com wallet. The move was instantaneous and the fee always stays the same, cheap and reliable. No nasty surprise like BTC fees. Why would I spend 1.50 dollars to move a 4 dollars worth of BTC? get the fuck outta here. nobody would use this shit if BTC was lesser known coin.

Anyway, then I did some more research on BCH and BTC lightning. What I learned from my research was that BCH is the superior coin in all aspects, hands down. If there was a mass adoption worldwide by retailers and average consumers, most people would choose BCH over BTC 8 out 10 times. The simplicity and convenience of BCH far outweighs the mysterious store of value of BTC that some people keep talking about. For average people, nobody cares about BTC's store of value. Maybe BTC maximalists are correct about BTC having a longevity as a well-known coin for years to come. However, nobody would use it as a daily currency. I don't believe that most people have the patience to learn about the lightning network either and why one shouldn't store all their BTC in a lightning wallet because lightning is not the actual Bitcoin blockchain but it's run by third party nodes.

On the other hand, BCH is very simple and it JUST WORKS like it's supposed to. you don't need any fancy mumbo jumbo with lightning or difference of fees or layer 1, 2, 3 or whatever that BTC has.

Also, when it comes to regulation and audits, the lightning nodes will have very difficult time getting past them because they are inherently not secure unlike a layer 1 blockchain like BCH.

If Bank of Japan, for example, wants to send some money over either BTC lightning or BCH, they will go for BCH because of its simplicity and predictable nature.

Oh anyway, I didn't mean to write a long essay about BCH, but my point is that my investment with BCH started with someone on this subreddit tipping me. And I want you guys to know that tipping actually works to bring in new investors onboard especially a crypto enthusiast like me.

Thanks for your work, guys.

submitted by /u/TheWorldofGood to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/p9yz[...]

d9/the_tipping_thing_actually_works_guys/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

“ MasterCard invested in Blockstream, Lightning Labs and all the other infrastructure partners of Lightning Network in order to run a controlled opposition campaign against the big blockers so that bitcoin could never scale. Lightning's purpose is for people to "just use fiat.".. “
Content: https://external-preview.redd.it/4IhWZ4qzRDvTtuSP6KvTJyktR5Sc0jcjvooQK_aE27Q.jpg?width=108&crop=smart&auto=webp&s=7411fa8e59a5a647b82aa1eae728f5972620ce97 submitted by /u/Egon_1 to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/pa1s2w/mastercard_invested_in_blockstream_lightning_labs/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

Maxi vs Maxi: Don't expect logic 🤷‍♂️
Content: https://preview.redd.it/wvwvlm6fv3j71.png?width=640&crop=smart&auto=webp&s=695d0c59e33ef13e83b1d4887919f5cf6868316e submitted by /u/Egon_1 to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/p9zcoe/maxi_vs_maxi_dont_expect_logic/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

BTC project has been largely privatized by MasterCard
Content: https://preview.redd.it/wweaot05i4j71.jpg?width=640&crop=smart&auto=webp&s=b4b4deda3efbad5db36e51984dd9f3e98cc98619 submitted by /u/Egon_1 to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/pa1q15/btc_project_has_been_largely_privatized_by/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

Will Bitcoin cash ever reach 4K mark again?
Content: submitted by /u/Preitykdash to r/Bitcoincash
[link] [comments]
Url: https://www.reddit.com/r/Bitcoincash/comments/pa0l6s/will_bitcoin_cash_ever_reach_4k_mark_again/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

How to use the lightning network?
Content: This may be a very dumb question, but is it only utilized on certain wallets or p2p? Or does it automatically get used based on the amount of BTC you want to send/receive?

submitted by /u/ant_1523 to r/BitcoinBeginners
[link] [comments]
Url: https://www.reddit.com/r/BitcoinBeginners/comments/pa3gt6/how_to_use_the_lightning_network/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Customer Service - Unable to Sell despite buying for 3+ years?????
Content: Not sure how to resolve issues with Coinbase as they only have a ticketing system. Anyway, I have automated buying ETH/BTC over the last few years and haven't had any issues. That is until I randomly decided to transfer some of that money back into my bank account and am met with the "Account restricted. You are currently unable to buy/sell crypto on Coinbase". This is despite buying it earlier today AND yesterday. It seems only my ability to Sell/Cash out is disabled. This is incredibly frustrating.

submitted by /u/mexicocitibluez to r/CoinBase
[link] [comments]
Url: https://www.reddit.com/r/CoinBase/comments/pa0tjg/customer_service_unable_to_sell_despite_buying/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

New favorite
Content: https://preview.redd.it/i80u0xl4p3j71.jpg?width=640&crop=smart&auto=webp&s=67751047140084117be6e872d81a6d36b8e3cb72 submitted by /u/JealousBlueberry25 to r/dogecoin
[link] [comments]
Url: https://www.reddit.com/r/dogecoin/comments/p9yvjp/new_favorite/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

BTC supporters defending custodial, permissioned, KYC'ed bitcoin just makes me sad
Content: https://preview.redd.it/i0esx94ck4j71.jpg?width=640&crop=smart&auto=webp&s=f07d22847703e1d6d9c36024ca72dd2528268891 submitted by /u/Rucknium to r/btc
[link] [comments]
Url: https://www.reddit.com/r/btc/comments/pa1zj9/btc_supporters_defending_custodial_permissioned/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801

37% of American Investors Would Not Cash out Their Crypto Even in Critical Moments
Content: https://external-preview.redd.it/aeE7Qd__TUXX0m2m9xdyZWJgkXWLs3VtpG2YbOqucJ4.jpg?width=320&crop=smart&auto=webp&s=6293686ac549a3020bdca3cdd78310e68ade147d submitted by /u/cctv07 to r/Bitcoin
[link] [comments]
Url: https://www.reddit.com/r/Bitcoin/comments/pa1f21/37_of_american_investors_would_not_cash_out_their/
Backup by @cryptograficoreal - CryptoGrafico: http://pixly.me/cryptografico

Enter Tweet URL using the format below:
https://twitter.com/Twitter/status/1095784011845324801