Why is it so difficult for me to give away crypto?

I've been building a really cool community at Coinfeed that will be supported by a cornucopia of analysis tools. Right now I think we have one of the best news engines that pulls from over 100 sources and trims out 90% of the garbage (saves a shit load of time). Some of the other tools being developed are based on my years working as a quant on the trade floor for commodities trading firms.

I’d characterize the community as one that’s eager to learn and eager to contribute. We have some really cool people in there including doctors, entrepreneurs, professional miners, a Jimmy Song-trained/Consensys-trained blockchain/dapp developer, and even a few down-to-earth youtube influencers (they’re on the app so won’t name drop).

But here’s the thing. I want to give away $ 10 worth of BTC or Nano (member's choice) each day to one new member that joins as a promotion for all of 2018 (app is freemium). I’ve come to realize that this sounds incredibly scammy no matter how I reword it. It’s not a scam however, just a simple promotion. Like a real one. I sent Louis (the community manager for NANO) a Facebook message to see if I can post my promo in his group. (Never got a response and I can understand why).

Any social media managers out there, maybe you can help get the word out?

The app is called Coinfeed. I can’t wait to show off the features we have in store. Once we finish testing our market watch module, I fully feel we will give other apps (2.0 or not) a run for their money.

Usernames such as @John or @Rishi are still available. Hope to have you join our tribe.

Rules posted here: r/coinfeed

Thanks ✌🏼

submitted by /u/xut
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Bitcoin – The Currency of the Internet

As the Lightning Network continues to mature it will actually become more difficult to track the growth of the network. Detractors will claim that LN is stalling / failing, but it will actually be delivering privacy at scale.

As the Lightning Network continues to mature it will actually become more difficult to track the growth of the network. Detractors will claim that LN is stalling / failing, but it will actually be delivering privacy at scale. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

I explained bitcoin to a smart kid and he asked me some difficult questions

I was recently explaining bitcoin and blockchain to a kid – he’s a smart one and he asked me:

  1. Who is creating the mathematical tasks for the miner computers to solve?

  2. If they get more and more complex and difficult to solve, how are they being created in the first place? Are they already implemented in the code?

  3. If it’s possible to upgrade the bitcoin protocol to improve it, is it not also possible then to change the rules? For example to remove the limit that there will only be ever 21million mines bitcoins?

I couldn’t answer these questions- anyone?

submitted by /u/seolein
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Bitcoin – The Currency of the Internet

For a bitcoin-forked complementary currency: would it be difficult / impossible to limit the mining to some agents on the market?

Am I right that by implementation everybody with a client is theoretically able to mine?

However, thinking about a Bitcoin implementation for a locally limited complementary currency:

Would it be possible (without changing half the code base) to limit the right to mine to some charitable groups and giving the other agents just the permission to do transactions?

Recent Questions – Bitcoin Stack Exchange

Putting Blockchain into Practice Is Proving Difficult for Banks

Even though blockchain is seen to have a number of useful features for banks to utilize they are finding that putting these features into practice may prove difficult. The banking world may not trust the idea behind bitcoin, but they have realized that bitcoin’s underlying technology, the blockchain, has many valuable features that they could […]

The post Putting Blockchain into Practice Is Proving Difficult for Banks appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

News – CCN: Financial Bitcoin & Cryptocurrency News

As a small business owner, it’s difficult enough accepting BTC. Now Bitpay does this

Hey all – I make handmade goods and started accepting BTC using Bitpay about 3 months ago. Everything was okay until about a week ago. Now Bitpay requires me to have at least $ 1,000 CAD in BTC before I can convert to fiat.

This really sucks as we are basically pay-cheque to pay-cheque business. Here's a screenshot: http://i.imgur.com/2bMU6iS.png

Can anyone recommend a good shopify payment processor for BTC that doesn't have arbitrary restrictions like this? I really want to keep accepting BTC, but shit like this makes it so hard for us.

EDIT: Will go with Coinbase, thanks 🙂

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Bitcoin