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@Telesfor

@Telesfor in October 2021

@Telesfor

Many people, especially in the crypto universe, think that wealth and financial security is the most important thing in life. I don't doubt that money is important, without money many things are not possible and poverty is a very bad thing. But from my point of view, another thing is most important. The most important things are health and family. And by family I mean a family where no one exploits or oppresses others. A family in which all family members stick together and…

@Telesfor

@Pantera has just written an article on read.cash about the manipulation in reporting in the cryprtouniverse. https://noise.cash/post/13jwxkqx I can confirm all this. I even contacted the owner of cryptopanic a few years ago and asked why he was suppressing BCH news. He answered me that Bitcoin Cash is an inferior fork of BTC (or something like that) and he doesn't want to report about it. He is definitely hostile to Bitcoin Cash. I think it is very similar with the…

@Telesfor

In the last twelve hours, the use of SmartBCH has increased significantly. You can see it in the BCH burnt fees. You can also see it clearly in the block statistics. I think it's related to the fact that more and more projects are being created on SmartBCH. The price of BCH is also rising. The average contract fee on Ethereum network is more than 10$, on BSC it is more than 1$ and on SmartBCH it is only 0.1$. It is logical that more and more people will switch to SmartBCH.…

@Telesfor

I just saw a very strange thing on noise.cash. In one post you see an amount of $54 dollars, but supposedly it wasn't favoured by anyone. No logo, not at all. Is there something wrong, have you guys seen something like this? This is the first time I've seen this. Normally I see the noise.cash logo, a user's logo or several logos in that place. I have no idea how this can happen. Do you have an explanation?

@Telesfor

Many of you have probably seen it and even tried it out, yet I would like to share my impression about the Bitcoin Cash DeFi platform mistswap.fi. The first thing I noticed is that the homepage is not optimised for use with mobile devices. The buttons in the header are very small. If you click on the Docs or App buttons, everything looks fine. But the Farming page is not well optimised either. I can only see it well in landscape format. But compared to Benswap, there are…

@Telesfor

Today the BTC price has jumped and again many are talking about bull run ATH and so on. But I am convinced that it has no meaning at all in the long run. The erratic price changes have only one purpose, to gain a lot of money quickly. But keep in mind that it works both when prices are rising strongly, but also when prices are falling strongly, that's why prices will fall strongly again, there is no doubt about it. Many think that the BTC price will rise in the long run, I…

@Telesfor

I have just read an excellent article about the sterile class by David Guteridge. The sterile class is a term from the 18th century. Sterile class has created sterile products that make much more money than the production of goods and real services. I had no contact with DeFi until SmartBCH, but now I know that DeFi is nothing but a sterile product without sterile class. The sterile products are basically meaningless, they don't create value, they are just there to have more…

@Telesfor

In my last post I wrote that I didn't have much to do with smart contracts before smartBCH was launched. Now I have seen some DeFi projects on smartBCH and I am a bit disillusioned. Basically, they are financial products, except that there is no third party involved. The DeFi doesn't produce anything, doesn't create any added value, just creates another token through farming, of which there are already thousands. Still, I haven't lost my hope yet. I believe in real smart…

@Telesfor

It is indicated that there are 49355 BCH locked in the smartBCH. But what about flexUSD? In the bridge on CoinFLEX you can transfer BCH and flexUSD to the smartBCH. Is flexUSD included in the total number? Does anyone know? If so, according to what conversion rate? flexUSD is playing an increasingly important role in smartBCH. https://twitter.com/MarkDavidLamb/status/1446492386172014593?s=20

@Telesfor

In financial transactions, trust has the decisive role. If there is no trust, no transaction can be concluded. In any business, despite the trust, there is also a certain risk. especially with cryptos, the risk is very high. The longer a coin is on the market, the less risky it appears. That's why BTC is still dominant at the moment. However, its dominance is visibly fading, because other coins are also trusted and increasingly more promising than BTC apart. The same applies…

@Telesfor

The Alexa rank of noise.cash is getting better and better. It will soon fall below 18,000. In Venezuela it is even on the rank #190. Noise.cash states that it already has more than a quarter of a million users. That is a lot. Many users got connected to Bitcoin Cash through noise.cash, but I'm convinced that a great many, maybe even most, don't understand what Bitcoin Cash is and how to use it. Many still confuse it with Bitcoin BTC. It will be a long time before millions of…

@Telesfor

The tokens that are created on SmartBCH can only grow if they bind more and more BCH. Therefore, SmartBCH can only become successful if a lot of BCH is transferred to SmartBCH. People will invest their BCH in the tokens when they will get good profits and when they will have confidence in the tokens. The risk takers are always them first. They can win a lot, but they can also lose. Then the more cautious ones will follow. They will see that some tokens are doing well and are…

@Telesfor

Autumn. The days are getting shorter and shorter. The sun is getting weaker and weaker. I am happy about the autumn sun rays. Today I took advantage of the sunny day and took some photos for you. Enjoy.

@Telesfor

Many are just fooled by the rising BTC price. But this is not what I pay attention to and what is important from my point of view. Look at the percentage distribution of Bitcoin Cash users in the last year. Between August 2020 and August 2021 long-term holders decreased from 93.2% to 82.2%, while users increased from 5.8% to more than 12.5% of the total ecosystem. Additionally, March 2021 was the first point in history when BCH user addresses exceeded 1 million, and in the…

@Telesfor

Today's noise.cash update is very good. It has several advantages from my point of view: - Less envy. Users will envy each other less. New users in particular were probably demotivated when they saw much higher dollar figures for others than for themselves. - I think more people will tip. I confess that I myself also often didn't tip when my heart was precious. Now I will definitely tip more often myself. I suspect others will do the same. - The number of tips I receive…

@Telesfor

A brief comparison of the BCH / smartBCH bridges: CoinFLEX Advantages: - Bridge in both directions - zero fees - coins: BCH, FLEX, flexUSD Disadvantage: - It sometimes takes a long time, you sometimes have to notify support. Wagon.cash Advantage: - very fast, mostly in seconds Disadvantages: - BCH to SmartBCH only - 0.1% fee - coin: BCH only Prompt.cash Advantage: - Good look and feel Disadvantages: - BCH to SmartBCH only - 0.1% fee - coin: BCH only - transaction after one…

@Telesfor

Although almost everyone in the crypto world is busy with another topic today, I will post a photo for you this time. A photo of the clouds after the sun has just set. These are moments that are worth more than any ATH's because these moments are unique and beautiful. These clouds will never again be so beautiful in this constellation in the sky. There will still be many ATH's at different coins and they look nowhere near as beautiful as the clouds. That's why I prefer to…

@Telesfor

Alexa Rank 90 days ago approx. 30000, today 17893. That means an improvement of 40% in only 90 days. Noise.cash is unstoppable. I don't know if there is currently another social network that is growing so fast. As noise.cash grows, the awareness of Bitcoin Cash spreads. I keep stressing, it's not the current price, it's not the place in the CMC, it's the awareness and use of that is the key to long-term success. Without noise.cash and read.cash, Bitcoin Cash would have fewer…

@Telesfor

Bitcoin Cash BCH adoption is still growing. The website map.bitcoin.com already lists 9671 places where you can pay with Bitcoin Cash. A month ago it was 9359. That is an increase of 312 or about 3,3% in one month. The increase in the month before last was 3% so adoption is not only increasing, it is accelerating. I don't think there is any other coin that can show such development of adoption. #BitcoinCash #BCH #Adoption

@Telesfor

Compare the total number of unique addresses that hold assets in the Bitcoin Cash and BTC network. The number of Bitcoin Cash addresses is constantly increasing. The number of BTC addresses fell from mid-September to mid-October, but is now rising again slightly. If the number of Bitcoin Cash addresses continues to rise at this pace, it will soon exceed the number of BTC addresses. So more people will hold Bitcoin Cash than BTC in their wallets. #BitcoinCash #BCH #BTC…