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Bitcoin Cash Development Series

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If you've had the opportunity to visit Coin Dance's development page, there’s a lot of creative energy evident. Several concepts are under discussion, six are classified as under development and five are completed. In an effort to raise awareness of the diligent efforts of our fellow BCH enthusiasts, this is the first of a series of articles on development projects relating to either the BCH source code or the manner in which BCH is processed by financial software. In this article, I will highlight four proposed upgrades to the BCH ecosystem in various stages of development. In a later article, I will discuss two additional development proposals in progress, as well as interview some BCH developers about the challenges they face as innovators in this burgeoning and impactful blockchain space. Finally, in a third article, I will describe the 5 development projects described as complete on Coin Dance.

The 4 projects I will summarize today are:

BUIP078: Enable Binary Contracts …

Crypto Market Update 2

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I believe the crypto market is going to go down in the short term based on the fact that many ERC-20 tokens could be considered securities. Also, the Ethereum-blockchain size has exceeded 1TB, and yes, it’s an issue. If you couple this with evidence that suggests Ripple’s XRP is a security (based on investor lawsuits), then one could postulate that there is a downward adjustment needed. Here are a few news sources to back up my thoughts:

https://www.linkedin.com/pulse/surviving-upcoming-erc20-crash-john-gotts/

https://www.coindesk.com/another-investor-lawsuit-claims-xrp-security/

https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

Should Traditional Finance Surrender To Bitcoin?

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I used to work in the “Bad Finance” industry. And then I left. Why because in my opinion, traditional finance is deeply unconscious. Firms operate solely for the profit motive. Anything that opposes them is something to be destroyed.

At the end of college, I started YouBux.com a personal finance portal for young people to help them make better financial decisions that they will live with for the rest of their lives. Interestingly, the verdict from the startup was that people didn’t care enough to make changes. They weren’t in enough pain to make the switch to a more prudent personal financial plan.

If I had known about Bitcoin back then, I probably would have focused on it. Today, the movement against traditional finance or what I would call “Bad Finance” is back in full swing. See traditional finance has caused more problems for humanity than it has solved. It has enriched 1/7th of the world at the expense of 6/7ths. To me that doesn’t seem fair. Luckily, now there is an alternative…

Financial Crisis 2018

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You wake up today and check the news to find out that the stock market has crashed 40% overnight. We haven’t had a financial crisis since 2008. But guess what? Nothing has changed since then. Banks take on the same or more risk than they did back then. There are more derivatives outstanding than ever. The global economy is even more complex.

I just checked recently and the 90 day S&P average returns are approximately -12%. Is this the start of something ugly? Many experts think the gains in the stock market have already been taken.

This information makes me go full contrarian and buy crypto as a non-toxic asset. It literally acts as a hedge against the fall in traditional asset classes. My personal favorite right now is Bitcoin Cash (BCH) which has outperformed all major crypto coins and tokens recently.

What is it going to take for people to jump into crypto? I talk to a lot of Americans and many are unwilling to make the switch to crypto because they haven’t experienced enough …

How To Increase The Price Of BCH

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Based on 9 years of research and development as a Search Engine Optimization expert, I know (BCH) needs additional marketing to create price stability. I’ve been doing marketing for the Crypto Industry unpaid since 2014 in many forms. BCH is currently at a critical juncture to benefit from price stability.

I have the tools to enable more value creation through marketing but I will need larger marketing budgets from you, my readers. If you value the BCH price or general crypto holding prices for that matter, please contribute to my projects to encourage price stability.

I have owned Web Marketing LLC, an SEO Agency since 2010. If you need additional proof that I will do as directed, visit my company website: http://www.StrategiesSEO.com/ and my Crypto Blog: https://jaredschlar.blogspot.com/ I also hold a Finance degree from Northeastern University in Boston.

How to contribute to Crypto Projects by Jared Schlar?
Vote, Share and Tip my posts on: https://www.yours.org/@jaredschlar. No …

Summer 2018 Crypto Markets: Why This Year Could Be Different

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The cryptocurrency market has come roaring back, and if this trend continues, it looks like BTC could be back on its way to 10k in a matter of weeks— a rising tide that will lift other crypto boats. Many who kept the faith during these bearish past few months have pointed out that the cryptocurrency market follows an annual cycle that goes something like this:

Things start off strong in January, followed by a significant correction. Bearish trend remains until late spring, giving way to a smaller bullish uptick, followed by a flattening off in the summer months. Starting in September, prices begin to rise again, culminating in a bull market every year in November and December.



There are numerous theories as to why this pattern has repeated in recent years, ranging from family discussions of cryptocurrencies at the Thanksgiving table spurring huge November buy-ins across the US, to the Chinese New Year in late winter/early spring, which is associated with sell-offs across Asia by mill…

That’s One Sexy BCH*— Exciting Developments Coming up for Bitcoin Cash

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Bitcoin Cash Upgrade There will be major changes for Bitcoin Cash next month— changes which could solidify its reputation as the fastest, most reliable cryptocurrency for everyday use. While some people (mostly BCH detractors) are labeling this a “hard fork”, the reality is that this is really an upgrade to the BCH network. There is not going to be a new coin created; instead the BCH we know will be replaced by a bigger and better one. Think technological superiority.

On May 15th, there will be two big changes:

1) Block size will be increased from 8 MB to 32 MB. As we all know, the issue of scalability has been a consistent problem for cryptocurrencies ever since they first appeared, and in many ways, it is still the primary obstacle that hinders their wider adoption. Quadrupling the block size of BCH will go a long way toward tackling this challenge through an update called Bitcoin Adjustable Blocksize Cap, or “Bitcoin ABC”. Blocks will still confirm with an average of 10 minut…

Why You Should Surrender to Bitcoin Cash (BCH)

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The Bitcoin (BTC) vs Bitcoin Cash (BCH) has been raging since last summer. While BTC continues to get more media attention, things could change very soon (as I’m sitting here typing this, BCH is up 13%). Today I’m going to give you 3 good reasons why you WILL regret ignoring BCH— and, no transaction speed isn’t one of them.

Look, it’s already been established that Bitcoin Cash is superior to BTC for use as an everyday currency. The transaction speeds are incomparable, and with the upgrade to 32MB blocks coming in May, it’s only going to get better. There simply is no debate anymore; despite all the hype surrounding the Lightening Network, BTC still has not caught up to BCH in terms of practicality as a digital currency. The transaction speed war is over, and Bitcoin Cash won.

Now that we’ve got that out of the way, there are 3 more reasons why you should not be sleeping on BCH:
CoinText Let’s face it, cryptocurrency is kind of complicated. It’s a new technology, and has a whole new te…

Puerto Rico, Taxes, and a Bitcoin Utopia

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It’s tax time, and many Americans are waking up to the harsh reality of the gains on their crypto trades. The process is complicated, confusing, and costly. Everything from bitcoin purchases to airdrops are subject to capital gains tax, and the Internal Revenue Service (IRS) is lighting a fire under holders to collect what is owed.

In November, federal regulators ordered Coinbase to release records of users that had more than $20,000 in transactions between 2013-2015, impacting more than 14,000 traders.

It is no wonder crypto traders are looking for alternatives.

One group of crypto entrepreneurs, led by Brock Pierce of the Bitcoin Foundation, headed to Puerto Rico to escape some of the tax drama of the mainland. Their plan? To build a crypto-utopia. And the process has already begun.

Currently, the group, which they’ve named Sol, has already started the process of searching for properties on the island. “The Monastery,” a 20,000 square foot hotel the group has rented out, acts …

Telegram and the Future of ICOs

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As regulators worldwide begin to crack down on ICOs, start-ups are becoming more weary of the risks associated with public offerings. In many cases, companies are skirting these regulations with air drops, or the distribution of free tokens, at least for the time being.

One of the most notable ICOs that may be skipping its public offering is Telegram. Despite the cancelation rumors, the messaging app already enjoys the position of first ever billion-dollar ICO. EOS also had a big raise. So far, Telegram has already raised over $1.7 billion in private sales, as confirmed by recent SEC filings.

"The goal of fundraising is to gain access to capital to allow a team to build a product and company. It appears Telegram has already achieved their goal so there would be no reason to conduct a public sale," explained Anthony Pompliano of Morgan Creek Capital Blockchain.

Telegram has remained silent regarding the possible delay or outright cancelation of their public offering, but not go…

Is this Bitcoin Rally Just a False Flag?

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The world was taken by surprise this past week when BTC surged above $8000 for the first time in weeks. On 4/12/18, BTC shot up an incredible $1000 in only 30 minutes, one of the fastest price increases ever recorded in such a timeframe. Currently, the price hovers just under 8k, and the crypto space is on fire with speculation that the long bear market is finally over.

But are we really out of the woods? Let’s examine what may have caused this recent spike, and determine whether it’s time to pop the champagne and celebrate, or if this all just a mirage before yet another drop.
First, what happened on 4/12?

There are a couple different theories about what triggered this. In no particular order, they include:
Institutional money getting in on the game: world renowned firms like Soros Fund Management have announced this past week that it will begin trading cryptocurrencies,in spite of Soros himself dismissing cryptocurrencies are recently as January. Venrock (the venture capital fund owned…

The Bitcoin Chain Death Cycle In 2018

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Cryptocurrencies have struggled to gain their footing in 2018 following a barrage of regulatory concerns, hacks, and high-profile scams. While many headlines suggest that this is the beginning of the end for cryptos, the tremendous amount of institutional wealth flowing into the space suggests otherwise. It may get much worse though, before it gets better.

Still, it is important for any investor to recognize the hurdles ahead.

Many cryptocurrencies, including King Bitcoin, still face blockchain destroying vulnerabilities. While the recent additions of the Lightning Network and SegWit removed some of the most daunting concerns of a potential ‘Chain Death,’ the threat still exists, and it’s more than just Bitcoin at risk.

Bitcoin vs. Bitcoin Cash

Last year’s Chain Death Spiral fears stemmed from the battle between Bitcoin and the Bitcoin Cash hard fork / airdrop. Following the August fork, miners migrated between the two coins, testing the profitability of each. As miners switched betw…