@Pantera
@Pantera
May Report - Total Rewards: 2,5BCH From read.cash And Noise May can be considered a tragedy, yet, perhaps an opportunity too, since some cryptocurrencies like Bitcoin Cash that offer extensive utility sell at a bargain price. The whole ordeal reminded me of 2018 when prices followed a similar route and evaporated a large chunk of profits from the previous year. The vast decline in prices makes many upset, and the current price of Bitcoin Cash doesn't allow room for…
@Pantera
The New SuperHeroes Of Read.Cash! Read.cash resumed and updated the Top Tippers list, and features the real-time statistics from the missing months. Today, we find in the list active writers that supported other authors with tips, something that probably many did not understand we were doing so far and often accusing others with limited knowledge of facts. I was constantly tipping back from the number of tips I received. I didn't spare the tips, because I enjoyed reading…
@Pantera
Bitcoin Cash Convinced me to Stay in Crypto In 2020 The way the BTC maximalists promote the narrative is based on confusing and brainwashing beginners. It requires many more months (perhaps years) to realize BTC is a hopeless cause. Maybe I stayed too long in BTC as I kept struggling with all the conflicting messages from the BTC community until I finally realized the Lightning Network was yet another marketing ploy to keep everyone occupied. The Lightning Network is still…
@Pantera
SmartBCH NFT Collection MOODIES Sold Out! (2000 NFTs) Moodies is a new collection in smartBCH, the first from a relatively new team "DeadMouseClubHouse" (or DMCH), with big plans for the NFT side of the Bitcoin Cash sidechain. The mint phase of Moodies NFTs lasted a few weeks, as everything was on a downturn lately in crypto, and NFTs followed the negative sentiment. Nftrarity.cash also listed Moodies and features the ranks for each NFT as trading on OASIS was also initiated…
@Pantera
I think I've read it from someone else as well, sponsorships we renewed since the beginning of the month are pendind. I renewed five, I think all was on May 1st and they are stuck as pending. Cheers, take care everyone, have a cool weekend.
@Pantera
The Top SmartBCH NFT Collections So Far SmartBCH offers a quality other networks skipped so far, which is reliability. The high throughput of EVM compatible smartBCH combined with a secure and robust network powered by Bitcoin Cash becomes a powerful contender in the EVM smart contracts field of the cryptocurrency industry. NFTs were part of smartBCH right from the beginning. The success of smartBCH is intertwined with the success of Bitcoin Cash. SmartBCH can only affect…
@Pantera
The Vast Deception Of The Cryptocurrency Industry Sometimes everyone can be wrong, especially when we have to deal with the enormous volatility of the cryptocurrency market. All markets can be irrational for so long that it is difficult to estimate. Nobody would expect Musk would enter a frenzy mode by publishing hundreds of Tweets to pump the price of a meme coin. Moreover, nobody expected all these Ethereum centralized clones to reach tens of billions in valuation. Yet,…
@Pantera
Fix The Money - Fix The World Money has a price. That’s the purcase power, or the goods or services a unit of account can purchase. Schools and (some) economics colleges or universities perform a lousy job educating pupils about the price of money. How does money has a price, and most importantly, who controls the price of money? Cryptocurrency is money and for many of us money is Bitcoin Cash. It is money since people start using them to transact although most of them have…
@Pantera
Hoax? Anon Activist Exposes Dirty Little Crypto Secrets! An anonymous crypto whistleblower using the moniker "**adyingnobody'** published a thread recently on Twitter explaining in details a plan to release **137,21 GB** of data containing private communications of some of the most popular crypto influencers, project developers, and investors in the crypto field. https://twitter.com/adyingnobody/status/1534021154674966529 The claimant explains this data is communications…
@Pantera
The Worst Financial Moment in History (Not In A State Of War) And yet, this is exactly what happened in several European economies between 2008–2018. The effects of the 2008 global financial meltdown bear a strong message of events that can happen anywhere, no matter if an economy is too big to fail. A 25% reduction in GDP is outrageous and destructive and only observed during wars or extreme physical disasters. For example, in weak economies like Haiti with the destructive…
@Pantera
Bitcoin Cash: Weekly RSI Oversold Purchasing power declines when a currency losses its valuation against other currencies. The price in USD matters, and it is mistaken to think otherwise. Now that the read and noise.cash rewards are lower users of these platforms should finally realize price matters and do more for Bitcoin Cash. If BCH drops lower, as some no-coiners want, rewards will be even lower. Even for fiat to replace another fiat, it takes decades. The euro was under…
@Pantera
I'm waiting for the sponsorship issue to be fixed before I renew or sponsor other writers. Suggesting to do the same, as still some I renewed a week ago are pending on my end.
@Pantera
The Bitcoin.com Wallet Will Soon Integrate The Bitcoin Cash Gifts Service The redeemable QR codes service Bitcoin Cash Gifts will be discontinued as it stands todasy but move to the bitcoin.com wallet soon. https://gifts.bitcoin.com/ Bitcoin Cash Gifts is a feature of the bitcoin.com website presenting a useful tool to create QR codes loaded with Bitcoin Cash. https://gifts.bitcoin.com/ With Bitcoin Cash Gifts, we share redeemable QR codes as anyone with a mobile wallet can…
@Pantera
Bitcoin (BTC) Price Prediction For 2025 - Will This Time Be Different? Bitcoin (BTC) has had numerous exciting boom cycles that profited traders and "hodlers" considerably. However, those who believed in BTC's potential as a store of value or perhaps considered BTC acting as money as well with the Lightning Network may reconsider their support for the time being. Yet, in 2022, BTC "hodlers" might have to be worried more than ever. There is a quote from the early days for the…
@Pantera
Crypto Custodian "Celsius Network" Collapses The crypto market receives repeated blows by collapsing Ponzi schemes and fractional reserve custodian services using Ponzi mechanics, high yields, and not being transparent with their lending operations. Celsius reaches an insolvent state, and perhaps the only reasonable outcome would be to declare bankruptcy. Yet, the customers of custodial CeFi platforms are not insured, and when the company fails or declares bankruptcy…
@Pantera
Why Tether ($USDT) Hasn't Collapsed (Yet) And When It Will Tether’s USDT remains unaffected by accusations and the blows the crypto market receives. USDT, a stable coin with limited transparency and a model that attracts various allegations, so far manages to survive unhindered by market downturns. Also, USDT delivers a perfect indicator for the market since traders can “play” the USDT new mints or the rare occasions Tether burns USDT to stabilize and reinforce the peg.…
@Pantera
Terra Luna Collapse, Regulations And A 2021 Subpoena By The SEC Regulations in decentralized networks don’t apply. There is only code, the network, miners, and the users. Perhaps the exchanges too, since they run nodes and have to upgrade according to consensus rules. There is no leader and no CEO to blame. Regulators have no control over decentralized blockchains. Yet, it is different when centralized networks or tokens offer unregistered securities as tokens (with ICOs).…
@Pantera
The "BIG BLOCKS" Side Was Right About EVERYTHING The BTC side finally begins to realize the network (main chain and sidechains) is incapable of achieving global adoption. It seems that finally, the BTC maximalists figured out they can’t support small blocks forever. The short-sightedness is remarkable in this easily manipulated by a few sockpuppet influencers crowd, supportive of any decisions dictated by Blockstream developers. The maximalists only recognized that the…
@Pantera
Reapers First Summons Airdrop Mints Instantly! Quite a few rare quality NFT artists release their work in smartBCH, with **Chu** being one of them. With Josh Ellithorpe developing the Reapers platform and the smart contracts, the outcome of this combo is explosive! Yesterday a new collection was released by the Reapers team, with 1111 Summon Reapers NFTs airdropped to Reaper holders. Reapers is one of the top smartBCH collections, and the Summon Reapers NFTs can be…
@Pantera
The Laser Eyes Versus Reality The Bitcoin Cash userbase understands crypto better than any other community and sends a clear message concerning P2P Cash. Still, the overwhelming resources of the BTC side suppressed Bitcoin Cash in the news and tried to censor the voice of reason. As the BTC Ponzi, sustained by Tether and trading algorithms in exchanges, collapses, it temporarily drags everything else to the bottom. Market caps crashed by 40% on the weekly scale, BTC…
@Pantera
Just Like That We are Back in 2018! Doom and gloom is back in the crypto market as prices have severely declined since the beginning of the year. Bitcoin BTC presents an unconvincing case after dropping to the 2017-2018 zone, and while we may all have forgotten about 2018, this was for a good reason. There were only painful moments for investors in cryptocurrency, although some networks kept building unaffected by the bearish market conditions. We find similar conditions…
@Pantera
Evaluating NFTs Using Accounting (Part I) Accounting is unified nowadays and utilized in an almost identical approach anywhere in the world, with the integration of the international accounting standards. Perhaps some readers may already possess knowledge of the practical issues it deals with and in particular when evaluating assets (tangible, intangible, and financial) or the basic rules accounting practices use. With this article, I attempt to examine NFTs under the prism…
@Pantera
Medium Celebrates its 10th Anniversary on August 15th! How Medium Uplifts Our Passion For Writing! In less than two months, Medium will celebrate its 10th anniversary since the official launch of the platform in 2012! I vividly remember how Medium links appeared in my search results ten years ago. The internet became better, more intriguing, with Medium offering a service we were all missing but always hoping to discover. ***(******Wikipedia******)***…
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BCH Price Analysis And A SHOCKING Comparison Ignoring the overall market decline and negative sentiment that reminded us of the previous bear market, there is a short-term indicator we should not overlook. We examine the relation of BCH daily transactions with the market cap changes of another network (Litecoin) performing similar tasks (payments). While the functionality of blockchains as P2P Electronic Cash and the features of each network should primarily concern…
@Pantera
Hublot, Vueling & Bitcoin Of America Adopt Bitcoin Cash Beyond the rising Bitcoin Cash merchant adoption worldwide, the most recent news presents a wave of multinational corporations deciding to incorporate Bitcoin Cash as a payment method, with the use of Bitpay as a third-party processor facilitating transactions for the business side. Recently two more established companies announced they were adopting a selection of cryptocurrencies as a payment option for their…
@Pantera
The Bitcoin Death Spiral Theory - How Bitcoin (BTC) Can Go To Zero During bullish cycles, prices of cryptocurrencies rise abruptly, while profitability in mining operations of PoW networks flourishes as miners expand their operations and increase hashrate. New mining farms appear, and new ASIC models are sold out immediately. Things are not always rosy in the Cryptoverse, though. Euphoria doesn't last, but prices peak with speculation reaching parabolic levels, and a…
@Pantera
Selling Your BCH At $100? Guess Who's Buying It! I created this simple meme yesterday warning against selling BCH for fiat or BTC. Selling means losing hope. Of course, this is not about the trading aspect since traders don't really care for the long-term viability of a project. In this meme, Robin is always the character that makes a horrible mistake infuriating Batman so much that he slaps Robin while trying to make him come to his senses. Logic and knowledge suggest that…
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The Last Bitcoin OGs Escaped BTC Maximalism in 2017 The current price of Bitcoin Cash is the direct effect of the two splits in the part of the Bitcoin community that proceeded with scaling and upgrading the code. Was it egoism that led the two teams that left Bitcoin Cash to proceed with a centralized version of Bitcoin Cash? Perhaps, it was egoism, but their ulterior motive was money. Such was also the motive of the small blockers. Blockstream devs, in correspondence with…
@Pantera
Experiences In Crypto There is this belief that writers should constantly take part in some sort of English writing contest with each article published. Expectations are high but consider that this is not our job. We are not professional writers, and nobody pays us a wage to write. I know my use of English is not what it should be, and I often struggle to find the correct approach, but perhaps this is the maximum I can achieve. Upon reading my previous work, I discover I…
@Pantera
The CoinFlex Chronicles: Mark Lamb Vs Roger Ver Each cryptocurrency bull run has to come to an abrupt end with tears, sorrow, and drama overwhelming the crypto communities during the bearish cycle that follows. This time, Terra Luna initiated the crypto descent with its stablecoin (UST) that de-pegged and collapsed, dragging down the entire market and evaporating hundreds of billions of dollars. The contagious collapse of Terra Luna led multiple custodian services into…
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Top-5 Exchange HACKS of All Time — Funds Are NOT SAFU Where money is, there is also danger, and cryptocurrency exchange hacks will always be a threat, reminding us that **funds are not "safu"** when we park our coins in centralized services. The notorious North Korean hacking team, Lazarous Group, is often accused of hacking cryptocurrency exchanges exploiting DeFi contracts, and even attacking decentralized bridges. The list presented here doesn't contain DeFi-related hacks…