Bitcoin.com Wallet to No Longer Create Bitcoin (BTC) Wallet by Default, Only Bitcoin Cash (BCH) - Roger Ver
In his presentation today at Satoshi's Vision Conference in Tokyo, Japan, Roger Ver said, "I have an announcement I guess I'll make here that I've told just a few people in private, but in the next update to the Bitcoin.com wallet coming very, very soon, we will be dropping Bitcoin Core wallet creation by default and it will only be making Bitcoin Cash wallets by default."
In my opinion, this will most likely result in people who are new to Bitcoin, or inexperienced with it, mistakenly purchasing Bitcoin Cash (BCH) when they think that they are buying Bitcoin (BTC). This may even be the goal, as Ver made his personal beliefs about Bitcoin crystal clear in his speech today when he said, "Bitcoin Cash is Bitcoin."
Don't be fooled. Bitcoin Cash is not Bitcoin. It is an altcoin, created by forking the original Bitcoin blockchain. Bitcoin is BTC, not BCH, Bitcoin Cash, or dare I say, 'BCash'.
BitcoinToTheMoon.com has rocketed to the Google moon, reaching number 1 for the search term, 'Bitcoin to the moon'.
Like the Bitcoin price, Google rankings can go up and down, so I captured the moment in time when this website first reached the search pinnacle for the popular phrase. That's one out of ONE MILLION, SEVEN HUNDRED AND EIGHTY THOUSAND results. Nice :)
Now, here's to establishing a long term hold on the position. Cheers, and Bitcoin to the moon!
The @Bitcoin Twitter handle was claimed in August 2011, however, recently there has been a significant change in the focus of its tweets. During 2017, many of the @Bitcoin tweets were simply retweets of @CoinDesk updates on the Bitcoin (BTC) price. Starting January 3, 2018, the account became much more active, with a strong emphasis on Bitcoin Cash (BCH).
This promotion of Bitcoin Cash has led some to conclude that @Bitcoin has been sold or hacked, and is now controlled by Bitcoin.com or somone involved with the site — an accusation that has been denied. Whatever the case, there is no doubt that @Bitcoin is now being used to push the idea that Bitcoin Cash is the real Bitcoin. And with nearly 700,000 followers, this false message will be spread far and wide.
For more information about Bitcoin Cash and Bitcoin.com read, Bitcoin Cash is Not Bitcoin and Don't Get Burned by the Bitcoin.com Wallet.
Adam Meister, the Bitcoin Meister, the Disrupt Meister was back in his Bitcoin to the Moon t-shirt on today's edition of The 1 Bitcoin Show. He first rocked this cool design on his show earlier this month, which you can check out here. If you want your very own Bitcoin to the Moon t-shirt, which is available in a wide variety of styles and colors, then visit our merchandise store.
Adam makes a new show every day, covering all things Bitcoin. You can subscribe to his Bitcoin Meister YouTube channel here, but first, sit back, relax and enjoy watching today's edition below. Oh, and remember to 'Pound that like button'.
The Bitcoin to the Moon logo above has just been released. It is available on t-shirts, stickers, phone cases, mugs and all of the other products in our merchandise range. So now, you have two logo designs to choose from when you visit our store.
To get yourself decked out in all of the latest gear, visit the Bitcoin to the Moon Merchandise Store.
If you own domain names that aren't being utilized at the moment then put them to work to earn you some Bitcoin.
Domain name parking platform Bodis.com makes it quick and easy for you to monetize your domain names with relevant text link ads, as shown in the example below. Every time a visitor to your domain clicks on one of the links, you earn affiliate income, which with Bodis can be paid out in Bitcoin.
To set your domains up like this:
Obviously the better your domain names and the more traffic they generate, the greater the likelihood that your will receive more clicks and earnings. Mind you, the amount earned per click can vary greatly depending on the industry involved and the popularity of the keywords with advertisers.
The Bitcoin to the Moon merchandise page has recently been updated to include a wider range of products, while some of the existing items have been given a revamped look.
The hardware wallets page here at Bitcoin to the Moon has also undergone some changes. It now focuses on a select number of devices, along with matching cases. This is accompanied by information about the benefits of using a hardware wallet compared to holding Bitcoin at an exchange.
CoinTools.org is a cool new site that on a single page has a bunch of helpful Bitcoin tools and information. The first thing you notice when you visit is the current price of Bitcoin displayed in USD.
You can use Coin Tools to check if a Bitcoin address is genuine, and if it is, find information about its transaction history and balance. It also allows you to convert a Bitcoin address into a hash 160 and vice versa.
In the information section you will see up-to-the-minute numbers for Bitcoin in circulation, total Bitcoin value, blocks mined, reward per block, mining difficulty and hash rate.
The site's creator has said that there will be more features and articles added in the near future. It's certainly one worth bookmarking and keeping an eye on.
Bitcoin.com. It sounds like the name of the most reliable and trustworthy site relating to Bitcoin on the internet. No doubt, many new or would-be investors head straight to that site to learn about Bitcoin. Well, if they download the latest version of the Bitcoin.com wallet, then they're in for a nasty and potentially costly surprise.
Take a look at some of the reviews in the image below and you'll see the potential trap that awaits the unsuspecting investor. The wallet automatically creates Bitcoin Cash (BCH, also known as Bcash) and Bitcoin (BTC, the real Bitcoin) wallets in that order. Someone unfamiliar with the crypto space will most likely be unaware that Bitcoin Cash (BCH) is a separate cryptocurrency, created by hard forking the Bitcoin blockchain and is not the same thing as Bitcoin (BTC).
It would be very easy to see the name 'Bitcoin' in 'Bitcoin Cash' and assume that it is the real Bitcoin, especially since it is the first wallet created. What the wallet downloader expects from a Bitcoin wallet is the Bitcoin they've been hearing about in the news that has hit an all time high above $8,200, not a $1,200 altcoin.
Those who stumble upon this wallet without the knowledge necessary for navigating it safely, may find that ...
'Bitcoin' is in Bitcoin.com, 'Bitcoin' is in Bitcoin Cash, but Bitcoin may not be what they end up with in their Bitcoin.com wallet.
Oh, and if you are someone who is new to Bitcoin and wanting to learn more about the real Bitcoin (BTC) from a reliable source, then visit Bitcoin.org, yes, that's .org :)
Bitcoin to the Moon is a blog dedicated to following the original cryptocurrency on a journey to its ultimate destination.
Like what you've read?
Please consider leaving a tip in Bitcoin or Bitcoin Rhodium using the QR codes above or the addresses below.