Have You Heard The BITCOIN ALL THE WAY UP Song By Jeff Berwick?

Have You Heard The BITCOIN ALL THE WAY UP Song By Jeff Berwick?

Most of us have heard about Bitcoin’s tremendous gains over the spring and summer of 2017. It feels like it was just yesterday when we were writing about Kim Dotcom predicting a $2000 Bitcoin, which it of course reached and has now touched $5000.

Jeff Berwick of the Dollar Vigilante and Anarchapulco conference has released a video in celebration and anticipation for what Bitcoin will do next.

Check it out:

BITCOIN ALL THE WAY UP – The Dollar Vigilante feat. Freenauts

Berwick decided to lay down his track over the popular song All The Way Up by Fat Joe, Remy Ma, French Montana, and Infared.

Freenauts joins Berwick in this epic Bitcoin track. They lay down solid rhymes and call out some of the people behind the most popular fiat money schemes.

We wanted to make sure this awesome video is on our blog. We suggest you share it on your social media and create a cd for your car with this song as every track. 😁

Did you know Steemit has a new video application called DTUBE? It stands for Decentralized tube and the videos are posted on the STEEM blockchain. The videos are stored and hosted on IPFS, a distributed file sharing and storage system.

Watch Bitcoin All The Way Up on DTUBE

If you haven’t heard about STEEMIT or you haven’t joined yet, what are you waiting for?

Steemit.com is the world’s fastest growing decentralized social media platform. Steemit connects to a robust blockchain database called Steem. This blockchain database distributes rewards in cryptocurrency to the users who bring the best content (blogs, comments, videos etc.) to the Steemit site.

We put all of our blog posts on Steemit under @bitcoinshirtz. Make sure to follow us!

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What Is Bitcoin Cash & How to Claim Your Coins

What Is Bitcoin Cash & How to Claim Your Coins

So What Is Bitcoin Cash?

Have you been asking yourself what is Bitcoin Cash? Lots of people have and it is because currently Bitcoin is facing a scalability issue. The blockchain needs to be faster if it is to support more users and more demand.

Segregated Witness or Segwit is one answer to this issue. The Segwit update to the Bitcoin software intends to speed up the network and address the network scaling issues. However there are people who believe these updates are not what they seem. Segwit changes how blocks are stored. Essentially new storage space is created in Bitcoin’s blocks, which is not subject to the 1MB size limit but rather a separate 0.7MB limit. The witness data( aka transaction info about inputs and outputs) is moved to this new storage space freeing up room in the original space with a 1MB limit.

Bitcoin Cash is the other alternative that simply raises the block limit to 8MB.

On August 1st Bitcoin Cash hard forked the Bitcoin blockchain. It is now its own digital token, separate from Bitcoin (BTC).

On August 24th, Segwit activated on the Bitcoin blockchain.

We encourage you to read our post on The Hard Truth About Segwit.

How To Claim Your Bitcoin Cash

If you had any amount of Bitcoin prior to the August 1st fork, you should be able to claim your share of Bitcoin Cash.

If you read our previous post, Preparing For The BIP 148 Bitcoin Fork – How To Protect Your Digital Assets we included advice on exporting your wallet private keys prior to the fork. The important part being the Bitcoin should be stored in a wallet where you have full control (ownership of private keys). This means moving BTC off the exchanges.

If you use the Exodus Wallet you can easily use their feature to search the wallet for BCH and then send it to an external BCH address.

If you use a wallet like Mycelium you can use the following instructions to claim your BCH.

We were successfully able to claim Bitcoin Cash with the Coinomi wallet for Android. The BTC was originally in a Mycelium wallet and we followed the following instructions per https://medium.com/@coinomi/collecting-your-free-bitcoin-cash-coins-44fcc6008bb6

[UPDATE] How to get Bitcoin Cash from many wallet/software/services with Coinomi

Please consult this article: https://coinomi.freshdesk.com/support/solutions/articles/29000013719-how-to-get-bitcoin-cash-from-many-wallet-software-services-with-coinomi

Add BitcoinCash

Now open your wallet, click on the top left menu, then hit the “+ COINS” button in the button and select “BitcoinCash” from the (mind-blowing) list of Coinomi’s 79 supported coins and 200 tokens.

A pop-up dialogue will appear, asking if BitcoinCash should be added. Hit the “ADVANCED SETTINGS” button. If you clicked “Add” instead you need to delete your BitcoinCash wallet and add a new one. In the “Derivation Path” please enter:

M/44H/0H/0H

Other Helpful Videos Regarding BCH

Are You Listening To Bitcoin Music?

Are You Listening To Bitcoin Music?

Music has powered some of the biggest movements in human history. For every niche and passion there is music that caters to it. Bitcoin is no different. There are lots of bitcoin music to be found online. Raps about Bitcoin, rock songs for the blockchain, and tunes for most of the alt coins as well. Most notably is the Dogecoin crypto. You can find videos for just about all of these on Youtube.

To our surprise, we recently discovered some Bitcoin themed tracks in the Country genre that are super catchy.

Here are two songs written and arranged by John Barrett.

Add them to your playlist ASAP.

You’re welcome. 😎

Ode To Satoshi Lyrics

Well Satoshi Nakamoto that’s a name I love to say
And we don’t know much about him, but he came to save the day
When he wrote about the way things are
and the way things ought to be
He gave us all a protocol this world had never seen

 

Oh Bitcoin as you’re going into the old Blockchain
Oh Bitcoin I know you’re going to reign, gonna reign
Till everybody knows, everybody knows,
till everybody knows your name

 

Down the road it will be told about the Death of Old MtGox
About traitors trading alter coins and minors mining blocks
But them good old boys back in Illinois
and on down through Tennessee
See they don’t care to be a millionaire,
they’re just wanting to be free

 

Oh Bitcoin as you’re going into the old Blockchain
Oh Bitcoin I know you’re going to reign, gonna reign
Till everybody knows, everybody knows,
till everybody knows your name

 

From the ghettos of Calcutta to the halls of Parliament
While the bankers count Our money out for every government
Old Bitcoin flies on through the skies of Virtuality
A promise to deliver us from age old Tyranny

 

Oh Bitcoin as you’re going into the old Blockchain
Oh Bitcoin I know you’re going to reign, gonna reign
Till everybody knows, everybody knows,
till everybody knows your name
Till everybody knows, everybody knows,
till everybody knows your

“Give me some Exposure”

Everybody knows your name

 

Singing:
Oh Lord pass me some more
Oh Lord before I have to go
Oh Lord pass me some more
Oh Lord . . . before I have to . . .
go . . .

Lowdown Bitcoin Blues Lyrics

 

Wasted all my time back in ’09 I should have been mining blocks
Now all I’ve got’s a Dogecoin rig and holes in my Alpaca socks

 

I got them low down Bitcoin Blues I’m cryin
Hear the low down Bitcoin news I ain’t lying to you
Low down Bitcoin Blues I’m dyin honey
Low down Bitcoin Blues

 

BTC convention came to my hometown at last
I had to sell my only bitcoin just to buy a 2 day pass

 

I got them low down Bitcoin Blues I’m cryin
Hear the low down Bitcoin news I ain’t lying to you
Low down Bitcoin Blues I’m dyin honey
Low down Bitcoin Blues

 

Took a trip to China . . . town for Beef chow mein to go
Fortune cookie told me “We no taking bitcoin anymore”

 

I got them low down Bitcoin Blues I’m cryin
Hear the low down Bitcoin news I ain’t lying to you
Low down Bitcoin Blues I’m dyin honey
Low down Bitcoin Blues

 

I went up town to see my CPA for some advice
He told me death and taxes son and then just roll Satoshi Dice.

 

I got them low down Bitcoin Blues I’m cryin
Hear the low down Bitcoin news I ain’t lying to you
Low down Bitcoin Blues I’m dyin honey
Low down Bitcoin Blues.

Dash Hires Security Team To Analyze And Test The Dash Blockchain

Dash Hires Security Team To Analyze And Test The Dash Blockchain

Dash, the cryptocurrency known for focusing on payments and anonymity, has reached consensus within the Dash community to hire a cyber security team to inspect the Dash blockchain and seek out any possible vulnerabilities.

Dash has choosen to use Bugcrowd. “With a powerful platform and team of experts, Bugcrowd connects organizations to a global crowd of trusted security researchers.”

From Ryan Taylor, Dash Core CEO:

“As Dash gains more mainstream attention, identifying and fixing vulnerabilities is absolutely imperative. Bug bounty programs attract fresh eyes to review code which ensures white-hat hackers help identify any security flaws. Providing strong incentives to attract experienced programmers is one of the many tools we have at our disposal to ensure the Dash codebase is as robust as possible.”

“Our landmark release, Evolution, aims to completely redefine how a digital currency functions and will be available for Alpha testing in December. Providing that optimal user experience requires a massive change to the underlying technology. The more improvements Dash adds to the original Bitcoin code, which Dash is based on, means we will continue to invest heavily in ensuring our product meets the highest standard possible. Because digital currencies store wealth and facilitate the transfer of payments, it is critical that we take all measures possible to make absolutely sure that even minor software bugs are addressed.”

Source: cryptoninjas.net

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The Hard Truth About Segwit

The Hard Truth About Segwit

Segregated Witness or Segwit is a proposed update to the Bitcoin software that intends to speed up the network and address the network scaling issues. However when one looks beyond the hype, the hard truth about Segwit is revealed.

On the surface Segwit looks to be a bengin and productive update to Bitcoin. The update changes how blocks are stored. Essentially new storage space is created in Bitcoin’s blocks, which is not subject to the 1MB size limit but rather a separate 0.7MB limit. The witness data( aka transaction info about inputs and outputs) is moved to this new storage space freeing up room in the original space with a 1MB limit.

The new opposition to Segwit is called Bitcoin Cash (BCH). Bitcoin Cash simply raises the block limit to 8MB. On August 1st Bitcoin Cash hard forked the Bitcoin blockchain. It is now its own digital asset, separate from Bitcoin (BTC).

In this post we have included statements on the details and implications of Segwit by two reputable people in the blockchain space.

Statement by blockchain architect and developer, Nathan Hourt:

Nathan Hourt image

“Segwit has a lot of technical, economic, and political implications around it. I will now elucidate on some of these concerns. I note that the proposals to raise the block size limit have little or no implications other than the fact that processing more transactions requires more storage space and network bandwidth (although I have heard this increase in bandwidth could cause trouble for nodes/miners behind the Great Firewall of China, I have not researched this and do not know if it’s true).

One of the most troubling aspects of segwit is the fact that, from its inception, it has been promoted primarily by use of censorship, deception, bullying, inciting fear and divisions, and other such chicanery that has absolutely no place in an open source project. I emphasize that this is notmere conjecture — the use of censorship on the main Bitcoin discussion channels such as the /r/Bitcoin subreddit and bitcointalk.org to suppress all discussion of problems or disadvantages of segwit is well documented [12], while these same discussion channels allow overt bullying of any users who question segwit.

Segwit proponents have repeatedly used divide-and-conquer strategies to attempt to play one demographic of Bitcoin users (i.e. users, miners, exchanges, merchants…) against another, attempting to scare both sides into embracing segwit as a security blanket. For example, segwit is frequently pushed by people making wild and unfounded conjectures about retroactive forks and replay attacks stealing users’ money, and advising users to contact merchants to demand segwit support to avoid this possibility. Cooler heads will note that people will usually see any significant chain reorganization coming, and any serious attempt to fork the chain will include replay attack preventions (i.e., Bitcoin Cash).

Even without knowing anything about segwit, I can say with certainty that no good idea is ever promoted using censorship or divide-and-conquer strategies. Good ideas promote themselves, and all effort can simply be spent helping people understand them.”

“Segregated witness is systematically destroying everything good and worthwhile about Bitcoin: segwit is inelegant and complicated; it creates two parallel sets of rules for evaluating transactions, but ignores one of them. Segwit breaks Bitcoin’s security by empowering miners and anyone who can coerce them to steal balances. And segwit is breaking the Bitcoin ecosystem up, causing people to fork the blockchain just to avoid using it, and destroying the mind share, confidence, and name recognition in Bitcoin.”

Read the full post by Nathan (@modprobe) on Steemit.com

Steemit image - follow upvote resteem

 

Statement by Rick Falkvinge, Pirate Party Founder

Rick Falkvinge

“Based on Blockstream’s behavior in the Bitcoin community, I have become absolutely certain that Segwit contains patents that Blockstream and/or their owners have planned to use offensively. I base this not on having read the actual patents, for they can be kept secret for quite some time; I base this on observing Blockstream’s behavior, and having seen the exact same behavior many times before in the past 20 years from entities that all went bankrupt.”

Source – Rick Falkvinge

Conclusion

The statements made by Hourt and Falkvinge are enlightening. If their reports on Segwit and Blockstream are true, one would easily see the value in supporting and holding Bitcoin Cash (BCH) over Bitcoin (BTC – with Segwit).

Moreover this presents an opportunity for more market competition and we could see other blockchains and decentralized currency rise and surpass Bitcoin in value ($ market cap).

Other impressive blockchains with digital assets include Steemit, Dash, Ethereum, EOS, and Litecoin just to name a few.

At this time Segwit has begun implementation on the Bitcoin blockchain, however it is not active yet. Go to segwit.co to follow the status of the segwit activation. 

Which will you support?

Bitcoin or Bitcoin Cash?

Helpful Videos

Store And Exchange EOS Tokens In The EXODUS Wallet

Store And Exchange EOS Tokens In The EXODUS Wallet

The latest release from the Exodus Team includes support for EOS!

Exodus users can now store EOS in their multi-asset wallet and maintain full control of their private keys. This will be advantageous for people who have chosen to pick up EOS on exchanges like Bitfinex or Kraken.

The view of the EOS wallet in Exodus.

Exodus users can exchange EOS directly inside the Exodus wallet.

From Exodus:

 Today Exodus welcomes EOS and Aragon to our family of assets. In addition we added further updates to the restore system – restoring from your Exodus backups are even easier and now fully automatic.

In addition to EOS, Exodus has built in support for Aragon.

Exodus currently supports Aragon, Augur, Bitcoin, Decred, Dash, EOS, Ethereum, Golem, and Litecoin.

About EOS

Dan Larimer is leading the EOS project as the CTO.  He brought many innovations to the distributed ledger scene with BitShares and Steemit and his blockchain advocates say he will do even more impressive things with EOS.

 The EOS.IO software introduces a new blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved by creating an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across hundreds of CPU cores or clusters. The resulting technology is a blockchain architecture that scales to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment of decentralized applications.

Source: Block.one

The EOS blockchain project is currently running a year long ICO (initial coin offering). The first 20% of tokens were released during the first five days of the ICO. Another 70% of the token supply will be distributed in equal amounts everyday over the remainder of the year. Each day you can participate in the ICO window and purchase EOS. The last 10% of tokens are being held by EOS.