Bitcoin
$47,351.91 -1.29%
BTC · 205w

After last XAPO's communication, it's time to leave them. OPEN LETTER TO XAPO

Dear Xapo's Managment, I am not sure why you decided to go with a development that is continuosly making errors with his code, I don't know why you chose a Network that will spoof their node as CORE nodes and I am not even sure why support a FOrk that has a strange and never tested replay protection. All I know is that you never asked user's opinion. So I am stopping using your services. I know we won't miss each other but my money is more safe with me. WIth Bcash You decided when yo would realease BCH, causing lots of people loosing pportunity to make a lot of money. EDIT, someone wrote that my OP wasn't very clear so i am Adding more explanation. First of all the choice of word is hiding that the fork is S2X producing that bigger Block, only Mr Murrone is afraid of saying that there will be a HARD FORK on which they are supporters. The explanation is literally "At that point some miners may decide to ignore that block and continue mining on a 1MB block max-sized chain and that may create another fork in the Bitcoin Network." It's not up to debate: wether or not S2x will be the majority fork, wether or not Core disappears forever, the fork is generated by the changes BTC1 will try. Then the comunication has a real clear message : "Just like we did with the Bitcoin Cash fork (..)we will make the new coin available for you to easily sell or withdraw " They literally kept MONEY in moments when value was 0,20 Btc and now that value is 3 times less they claim it was a good thing. They explicitly say that you should leave your btc with them and that's for me a signal : someone hinting at you leaving your money with them...usually it's time to take BTC out (Remember ROger Ver saying all was ok with money in MT GOX?) Apart from that , BTC1 is developing with lots of mistakes, few developers, without proper testing outside of any business standard when we talk about this kind of Money in play. It's my opinion this doesn't show in any way Garzik's lack of skills o...
Continue on self.Bitcoin
Recent news
BTC -1.29% · forbes.com · 7h

Bitcoin infrastructure firm Blockstream (...) "raised $210 million as part of a Series B financing at a valuation of $3.2 billion. (...) Blockstream's Modular Mining Units can be accessed through the Blockstream satellite network from anywhere in the world (...) with renewable energy sources."

Bitcoin infrastructure firm Blockstream, led by British cryptographer Adam Back, whose proof of work algorithm served as foundation for Bitcoin’s underlying technology, has raised $210 million as part...
BTC -1.29% · dailymail.co.uk · 11h

More reason to stop using banks

One key prong of President Biden's plan to bankroll Democrats' $3.5 trillion budget plan is to monitor gross inflows and outflows from an individual's bank account.
16
BTC -1.29% · minedpooltechnologies.com · 11h

What Is The Bitcoin White Paper? Read It Here!

While you may be just recently hearing about Bitcoin- “The Bitcoin White Paper” was first published by the pseudonymous creator of Bitcoin, Satoshi Nakamoto, in 2008. In essence, the fo…
BTC -1.29% · blog.trezor.io · 18h

Bitcoin thrives on open source

In the 1990s, Linus Torvalds turned his community software project Linux into the leading choice for global server infrastructure, paving the way for free and open source software (FOSS) in an…
12
BTC -1.29% · news.yahoo.com · 18h

Statue to Satoshi Nakamoto unveiled in Budapest

Hungarian bitcoin enthusiasts unveiled a statue in Budapest on Thursday which they say is the first in the world to honour Satoshi Nakamoto, the enigmatic inventor of the virtual currency.
16
BTC -1.29% · afr.com · 20h

Boomers are suddenly buying bitcoin

Nearly a quarter of investors surveyed by BTC Markets said they had no plan other than not missing out on potential windfalls.