Connect with us


r/bitcoin VS r/btc

For those that are new to the bitcoin community, it might be confusing why there are two separate subreddits for Bitcoin discussions. An uninformed reader may assume that both places are essentially the same thing, but the two are quite different.  

Both subreddits were created to promote Bitcoin discussion and the sharing of Bitcoin news. The boards were created roughly 5 years ago, r/Bitcoin being the older one by a few months. At first, both communities existed in peace alongside each other, but on August of 2015 drama ensued.

During that time, the block size debate was at it’s peak. There were quite a few solutions that were presented to solve the filling blocks, one of them included doubling Bitcoin’s blocksize. The moderators over at r/Bitcoin had strong opinions on the subject, as they wanted to avoid hard forks at any cost. The mods believed that a hard fork would only weaken the network and it should be avoided at any cost. An example of that is eBits, the fork that was created because of the reversal of hacked funds resulted in two separate currencies – ETC and ETH.

Due to those strong opinions, the moderators began censoring posts that had to do with any talk of block size increase. According to r/Bitcoin those that wanted the block size increase created sock puppet accounts to try and sway the opinion of other readers. As a result, they had no choice but to ban any talk of block size politics that didn’t align with their views. Understandably, many readers got frustrated at the fact that their comments and posts were getting removed which led to r/btc’s rebirth.

r/btc’s subreddit’s vision is to promote uncensored discussion for any topics relating to Bitcoin. Whether it be block size discussion, or bitcoin price discussions, everything is allowed. Furthermore, the subreddit shows transparency by providing a public moderator log that anybody can look at. It will give info if any posts were removed and for what reason, the subreddit still has rules that all subreddits have to follow which relate to spam, abuse, etc.

Currently the disagreement lies in the implementation of eBits. It is quite a hot subject that has been receiving both positive and negative attention. On the one side, Segregated Witness presents a great way to increase the capacity of Bitcoin blocks. On the other hand, some argue that SegWit will decrease fungibility and in fact create a sort of “debt” in the Bitcoin ecosystem. Each side has valid reasons for their arguments, but at the end of the day both want Bitcoin to succeed.

If you liked this article, follow us on Twitter eBits and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.



WAX vs. BitShares vs. Veritaseum

Digital assets have become a lot more popular over the past 12 months. We are not talking about regular cryptocurrencies here, but rather new assets which are issued on a blockchain. Several key projects are focusing on the digital asset industry as we speak, although they all seem to offer a slightly different take on things. We have outlined the basic ideas behind three of these projects below and how each differs from the others in its own unique way.

3. WAX

For those who are unfamiliar with eBits, the name stands for Worldwide Asset eXchange. It is a platform and a token designed to let anyone in the world create a marketplace for digital assets of their choosing. This project was created by the OPSkins team, which gives it a bit more credibility than one might otherwise assume. OPSkins is the world’s leading virtual item marketplace at present. WAX will allow different types of digital assets to be traded, including video game virtual items.

Buying or selling digital assets is anything but straightforward. Right now, buyers and sellers must contend with different currencies, chargebacks, and more. With the WAX platform, all of those problems become things of the past. The use of cryptocurrencies, smart contracts, and blockchain-based settlement makes this a project well worth keeping an eye on. That’s especially true when considering that these merchandising capabilities are offered to users free of charge.

2. BitShares

One of the older projects focusing on blockchain-based digital assets goes by the name of eBits. This particular concept is all about the creation of SmartCoins and providing decentralized exchange services. The project offers quite a few other features as well, including the option of banking on a blockchain. With a focus on becoming a decentralized exchange, BitShares aims to provide high performance, security, and convenience. In fact, the team claims their technology can process the same trading volume as NASDAQ.

Using the BitShares platform, it becomes possible to tokenize any asset and trade it in a decentralized manner. Whether it is gold, oil, national currencies, or cryptocurrencies, everything can be traded using Bitshares. Moreover, the technology is capable of tracking stocks, bonds, indexes, and even inflation. In an ideal world, companies would issue their stocks in a tokenized form on BitShares. This project offers plenty of opportunities waiting to be explored.

1. Veritaseum

One of the newer digital asset-related projects to come to market goes by the name of Veritaseum. Ever since its launch, the project has received a lot of attention and some criticism as well. Whether any of that is justified remains to be determined. The Veritaseum project focuses on building blockchain-based peer-to-peer capital markets for the global market. Its team is focusing on putting a wide range of assets and exposures on the blockchain as autonomous software. Anyone in the world can access these capital markets at the time of their choosing without any friction.

It is important to note two key aspects of Veritaseum. Its centralized solution caters to existing institutions not looking to get into distributed capital markets systems just yet. As a result, the client can run these solutions on their own servers. There’s also the distributed solution, which is research and analysis-based. It is good to see this project offering both options, as not every corporation wants to embrace the blockchain immediately.  

Continue Reading


Here Are the Crypto Exchanges With the Lowest Fees

Considering you’ve got to pay a network fee every time you want to transfer cryptocurrency, you’d be justified in wanting to avoid excessive exchange fees. It’s bad enough that the dollar value of Bitcoin transaction fees can be upwards of double digits, so there’s no need to get gouged on withdrawal and trading rates by your favorite exchange. That’s why we compiled this handy list of low-fee exchanges so that you can get the best bang for your buck investing that crisp Benjamin your granny gave you for Christmas.

Our Pick of the Litter


This technically isn’t the exchange with the lowest fees on this list, but it’s one of the cheapest and easiest options if you’re looking to purchase crypto directly with fiat.

GDAX is Coinbase’s exchange counterpart, and conveniently, if you have an existing Coinbase account, you can automatically link it with GDAX. The exchange charges 0% for maker trades, 0.25% for Bitcoin taker trades, and 0.30% for Litecoin and Ethereum taker trades (maker trades provide liquidity by creating a new buy/sell offer that is not immediately filled, while taker trades remove liquidity by taking a standing buy/sell offer and are filled immediately). GDAX does not charge for deposits or withdrawals.

Coinbase, on the other hand, charges a 1.49% fee for currency purchased using a bank account and 3.99% (yikes) for purchases using a credit/debit card. When we compare the two – and factor in the fact that you can use GDAX with your Coinbase account – GDAX is a no-brainer for fiat-to-crypto trading pairs.


Once you’ve got your wallet loaded with some coins, Binance is a great exchange option if you’re looking to take that Ethereum or Bitcoin and turn it into some altcoins.

Binance offers incredibly low rates, charging a flat 0.1% for all buy and sell orders with no deposit fee. Withdrawal fees vary on a coin-by-coin basis.

Even better, if you’re trading with Binance’s own coin (BNB), all exchange fees are cut in half to 0.05%. That’s hands down the lowest you’ll see an exchange charge for trading on its platform.


Like Binance, HitBTC is another solid choice for low-fee trading. While it may not be as popular as other exchanges and includes fewer markets, HitBTC only charges a 0.1% fee on buy/sell orders.

For deposits, HitBTC does not charge a fee, but rates for withdrawals vary by coin.


Bitfinex charges a bit more than Binance and HitBTC do, but not by much. This exchange charges a 0.1% maker fee and a 0.2% taker fee. This is compared to Bittrex, which charges a constant 0.25% for both taker and maker trades.

As you probably guessed by now, Bitfinex has no deposit fee, but like those before it, there’s a withdrawal fee that varies from coin to coin.

Honorable Mentions: Kraken and Poloniex

These two are at the bottom of our list because while they still have lower fees than some of the other choices out there, the exchanges we’ve listed so far have them beat.

On Poloniex, maker fees come in at 0.15%, while taker fees will run you 0.25%. Funnily enough, Kraken is just 0.01% higher on both fronts, with 0.16% and 0.26% for maker and taker trades, respectively.

You already know what’s coming, don’t you? Yep: no deposit fees, and withdrawal fees vary.

Happy trading!


Continue Reading


The Top Exchanges for Buying Bitcoin with Fiat (That Aren’t Coinbase)

Don’t get me wrong, Coinbase was a godsend when I first got into crypto, as it is for most fledgling investors. It’s painless to set up, it’s user-friendly, and it offers a variety of payment options. But between the 1.49% fee for bank transfers and its 3.99% fee for debit/credit card payments, you might be looking for an exchange with lower rates. Well, you’ve got some options, so why not explore them?

Top Exchanges for Fiat Trading Pairs

A few notes before we dive in:

This list is not exhaustive, as it is based on the top 15 exchanges by volume according to

Also, a taker trade is one that takes liquidity from a market by purchasing a previous buy/sell offer, while a maker trade is one that adds liquidity by introducing a buy/sell order that does not match any current offer.


We recently covered GDAX in eBits. It’s owned by Coinbase but operates like a traditional peer-to-peer exchange, so it’s nothing like its parent company.

With GDAX, you can deposit or withdraw fiat directly using your bank information to or from your Coinbase account. You can either initiate a bank transfer for free or wire money the same day for a deposit fee of US$10 or a withdrawal fee of US$25. U.S. bank accounts can also use ACH to send money, while European accounts can use SEPA. GDAX charges a 0.25% fee for BTC taker trades and a 0.3% fee for ETH and LTC taker trades. There are no fees for maker trades on the exchange.

Using GDAX, you can trade USD for BTC, ETH, LTC, and BCH. It also offers EUR trading pairs for BTC, LTC, and ETH, and a GBP pair for BTC.


With Bitfinex, investors can access USD and EUR fiat pairs. Like GDAX, one can deposit directly from their bank with no fee, but unlike GDAX, there’s a 0.1% fee for withdrawals. Bitfinex also charges a 0.1% maker fee and a 0.2% taker fee for all trades.

Bitfinex has loads of USD to crypto trading pairs, but the most popular include BTC, ETH, XRP, BCH, MIOTA, and LTC. BTC/EUR and MIOTA/EUR are currently the two most popular Bitcoin-related pairs.


Kraken offers crypto trading against USD, EUR, CAD, and JPY. Depending on one’s region, it offers a variety of deposit and withdrawal gateways, including SEPA, SWIFT, EFT, and direct transfers. There are no deposit fees, and withdrawal fees differ for each currency and method.

The exchange accommodates an array of fiat/crypto trading pairs, but the most popular for USD and EUR include BTC, XRP, ETH, BCH, and LTC.


Bitstamp is another solid option for fiat to crypto purchases. It supports both USD and EUR trading, and allows for direct bank transfers, debit/credit card purchases, ACH transfers for U.S. users, or SEPA transfers for European traders. Bitstamp deals exclusively with trading pairs for BTC, BCH, ETH, LTC, and XRP, and you can purchase all five using EUR or USD.

Bitstamp’s trading fees are a flat US0.25%, but its deposit and withdrawal fees are a bit more complex. They vary based on one’s currency and deposit/withdrawal method.


Continue Reading

Lastest News

Technical3 weeks ago

EOS and Ethereum: One DApp Platform to Rule Them All?

Does the market have room for two thriving DApp platforms? Ethereum and EOS represent two distinct approaches to carrying out...

Technical3 weeks ago

Hyperledger and the Enterprise Ethereum Alliance Face Off

The fight between Hyperledger and the Enterprise Ethereum Alliance seems destined to be an all-out battle that will determine which platform...

Technical3 weeks ago

New Vehicles in Norway Are Now 50% Electric, Favored over Gasoline Cars

The market share of electric cars, which was only a fraction of that of gasoline cars a few years ago,...

Startups3 weeks ago

The Gateway for Financial Revolution with BABACOIN, Father Of Coins in The WORLD, PRE ICO- ICO to Start very SOON

The awaited ICO and Sensational CRYPTO platform finally came. Our Founder have created an innovative method for investors to gain...

Startups3 weeks ago

10 Reasons to Be Excited About Essentia

Here’s ten reasons why Essentia has the potential to break the internet of fragmentation and propel us towards mainstream blockchain...

Startups3 weeks ago

Experts Wow as Launches Unit Exchange and Designer Renders

MAY 28, 2018 – MARK.SPACE, which operates world’s first open-source, platform-agnostic 3D, VR and AR-compatible ecosystem, today announced two major...

Startups3 weeks ago

WiseBitcoin Launches the First Ever Cryptocurrency Trading Platform with Leverage Levels up to 20:1

Cryptocurrency trading just became faster and easier than ever before with the launch of Wisebitcoin, the world’s first cryptocurrency trading...

Startups3 weeks ago

Bettium Partners with Polish e-Sports Foundation to Expand Presence in Central and Eastern Europe

The foundation’s founder, Tomasz Chojecki, will join Bettium’s advisory board and will provide his key insights, knowledge, and expertise in...

Startups3 weeks ago

ICO investing established as the new authority in 2018 – Hyperion fund poised to capture further growth

In 2017, the team at Invictus Capital launched one of the top 25 ICOs of all time with CRYPTO20, the...

Startups3 weeks ago

BUY&SELL and BAS – the Opportunity to Earn Both Ways: with and without Investments

After the rapid growth of the value of Bitcoin and other crypto-currencies in December 2017, the world was swept by...