I traded 1 cent for 100 cents
July 14, 2021 9:51am CST
Yes indeed I did. Over at Noise.cash today they are having a special offer where if you tip someone else's post there using your Bitcoin Cash wallet (even as low as $0.01) they will give you $1.00 (in BCH). Of course, it is only one time for each user, you can't give 5 tips and get $5. And of course it is in cryptocurrency, Bitcoin Cash, to be precise...and no, that is not the same thing as Bitcoin. But sure, gimme a dollar to give someone a penny... (And yes, they did)
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Bitcoin cash ( bch ) is what you call a fork of bitcoin ( btc). In 2017 there was a word war within the bitcoin community especially the miners about bitcoin transactions and scalability. To make it simple and easy to understand, the bitcoin cash group wanted to make bitcoin transaction more scalable and make transactions faster by adding more blocks in the block chain so that it would be more practical to use it as money, currency or cash. The bitcoin group on the other hand wanted bitcoin to remain as it is and become more of a digital asset or store of value very much the same way how we treat our physical gold, just store it and wait for price to go up. After the hard fork they became two entirely different cryptos while also retaining some similarities.
• United States
I'd still take it. Heck yeah, and provided I could do it (like say, have the money deposited to my Coinbase account) I can always trade the BCH for some other coin I'd prefer to have. Which reminds me. I need to take another look at Noise.cash.
• United States
@myklj999 lol. Yes. I joined. Now I just have to figure out what I am doing and how it all works. This should be fun. There doesn't seem to be a lot of information to find on the site about how to do it. But I guess I will figure it out. Any tips?
Sounds like a good way to encourage users to tip. Do users actually tip often? I know there are bots who "curate" posts on similar apps and should help you earn something, but generally I know very little about how it works. Seems like there is plenty to learn and I might not have the time for that, unfortunately.
I have a decent amount of Bch that I got for free when it forked from bitcoin back in 2017 because when a hard fork happens in crypto you get an equal amount of the forked coin to the amount of the original coin you are holding in your wallet at a 1 is to 1 ratio. It was just unfortunate that I kept my btc ( satoshis) in different wallets for security reasons and not all the wallets supported an automatic forking but rather in some you have to do it manually and risk losing all your bitcoin if you make just one small mistake lol, that time I had insufficient knowledge so I avoided the risk since bch had a very low value that time.
• Austin, Texas
Lots of members did well with the QR Code challenge. The NC folks usually do exactly what they say they will do. I sometimes wish they had better Help. But I think if they had a way for people to direct message them, they would probably get overloaded with silly questions. So I just check their post stream to see if something new is happening. Thanks for mentioning those names in your other comment. I didn't know all of those people were there from MyLot. Cool beans!