Here is a good video about the Lightning Network (LN) people should see
https://www.youtube.com/watch?v=UYHFrf5ci_g

Miners are scum balls trying to hold us to ransom with the fees and your exchange will just have to
take what the network gives you and have to cater for slow transaction time and lost orders.

Well come to the mess, your a brave man

Well that put me off trusting alt-coins based on top of ETH for sure so thanks for sharing and
I am starting to come across more and more complaints of coins vanishing into thin air and
yes I know Coinbase are scammers and they would not pay me my $10 joining fee

if you have a $50 note and it gets destroyed then the government is $50 better off and it's the
same in Crypto-land too and yes the developers are useless as i am learning the more that I
look and BTC team now seems to be in bed with the banksters and won't do naff all about the
$45 extortion fee that we use to call "Transaction fee"

it said "Near free transaction fees" in the original white paper
so what are they doing to fix it and who believes a word they say anyway because it was obvious to anyone
spending the time to look that BTC would not scale and they can save the sales spin about LN fixing anything

https://www.youtube.com/watch?v=UYHFrf5ci_g

Help me hold the fort here because some people have been taken in by the concepts behind the
design of the Block-Chain sox-ware and will see or hear no evil when the obvious is pointed out
to them

Well if they are breaking into a sweat just doing 7 transactions a second between 20,000 nodes
then whats going to happen if Joe public ever arrives en-mass on BTC ?

You don't suppose that something is a little bit wrong with the design do you 

Yes have a good one and bonk/drink the new year in as is the tradition

Interesting indeed, nice graph.

if the developers working on BTC could not do the sums like years ago to work out that BTC would not scale
then they should have the block size set using a CONST and seem to be enjoying the current state of
affairs where we are being ripped off by the mining cartel.

See https://blockchain.info/pools

this 200gb problem a year growth in the size of the block-chain will result in having to use a AS-400 computer
to process that amount of data because to balance a wallet you need to walk back down the chain (Link list)
and trace all the part coins in the wallet back to the original mined coins which more or less involves scanning
all 200gb for each transaction and this process gets repeated by all 20,000 nodes on the network.

Distributed systems are not built like this as i am sure many of you here already know and they are not even trying
to clear down the mempool that stands at 115,564,705 bytes and we need to do a bit of house clearing ourselves
and it's time to call out the garbage collector to dump 90% of the full nodes because we don't need this many

if they continue to refuse to implement code shown below
public static money MaxFee=1.50 // Less miners because not enough cream to go around
or
public CONST int32 BlockSize=4 //Just like any decent programmers would use

Then we need to publicly name and shame BTC and it's developers and try to salvage Cryptocoins by backing
one of the other forks because as we speak it's our money and effort that is being dragged down by this mess

So on top of the silly amount we pay in fees we are now having to pay more and ask
miners to unlock our money instead of holding on to it for days.

Something is seriously crap with this BTC software if transactions don't include
a time to execute limit

Please correct me if I am reading this wrong and good luck OP

Thank you that was useful information to me, get complicated does it not

Yes well spotted and note that GDAX makes you convert to USD from GBP to trade
BCH so they make money from the exchange rate each way

Also see https://blockchain.info/pools
ten big miners do 90% of all transactions so we now have a monopoly and
this is why we are being hit with $45 transaction fees.

They have magnets under the table, start moving towards the doors slowly people

So you mean using a HTTP API to sell coins type bot or one that hooks into the HTML on the page from say GDAX and presses
the "Sell button" if your are logged in and the price flops.

Me is second to no one when it comes to bots but i think i would do that using a chrome extension

Bots are all over GDAX doing the buying and selling and if you watch you can see something like

$15,001  10.0100000
$15,001  9.0100000
$15,001  5.0100000
$15,001  4.0100000
//No sell so lower price and cycle again
$15,000  10.0100000
$15,000  9.0100000
$15,000  5.0100000
$15,000  4.0100000

Did Forbes mention the mega high transactions fees or do they just want punters to move along and
play on the other slot machines and remain unaware about the fees for moving BTC that we have been
hot with.

I think we are being played when the elephant in the room is fees 

Segwit2x must be hackers too because they own B2X and that's been listed for months now
or do you think things might not had quite gone down that way.

The scam is BTC fees and not the free coins that i may or may not receive and it seem to me
that the original Segwit team sold out and then we watched as fees took off to the moon.

Sounds like more bug in the software to me so do these greedy miner have to pay
$45 from the prize money to receive payment like the rest of us have to put up with
 

"Bitcoin community is rising."

Was hoping to read that they are rising up against the miners and the extortionate
fees they are charging us for transactions

Via le Segwit2x revolution I say 

Ripple maybe but this BTC apple is rotten and no one wants anything to do with
scammers that have pushed the price of transaction fees up to $45.00  and we
are the laughing stock of the town.

in fact when I tell people that sending $1.00 in BTC could cost $45 in fees going to the
miners they think that I am joking and need taking to a nut house.

2022 is the year to watch because Crypto something else is head our way

Bitcoin is not gambling

Yeah it's a gift from god that came with my crystal ball he sent me.

Really what a statement to make 

You mean like a "Stop Loss" that automatically sells if say BTC goes below $7k and is drooping
like a stone ?

Let me know if you find one because I have been looking for one myself and we all know by
now that Coinbase scammers always have technical trouble when the market spikes down
so better safe than sorry I say. 

I think it will hit $6.00 maybe lower and my argument is just as good as yours.

Feel sorry for you but a wallet should not be sending anything out unless you told it too
and i can see your are using a trusted wallet so are you sure you downloaded it from a
safe place.

I will keep an eye on this post to see what happens

Satoshi Nakamoto started a new era of CPU wars between miners that keeps hardware manufactures happy
and the 90KWH of electric need to store a mere 250 bytes on the block-chain is keeping big oil happy.

Bankers have seized the miners and now operate a monopoly as can be seen here
https://blockchain.info/pools
so the bankers can now charge $45 per transaction which has sent the BTC price downwards
as the fees went up as they try to lock people in.

The system does not scale and the same developers who built the system are now saying that they
can fix it with LN but that's centralized hubs and we know that this is a four letter swear word
to our founding leader mr Satoshi Nakamoto who dumped a white-paper on a forum one day
and is smarter than Bernard Madoff because he has made off already.

Now he did mention how 21m coins would prevent inflation along with a load of other clap-trap
but each fork doubles the money supply so lets call that anything but inflation.

Thankfully other systems coming on-line have dumped mining, PoW and developers can understand how
to design a system that will scale to 1000s of transactions per second and not just seven like
we have with BTC and we need 20,000 full nodes apparently just to do this.

I get the trustless part, Satoshi  was looking in the mirror when he came up with it and I am sorry
because I don't have time to explain how trust is established in a networks we use today or how
it does not lead to full blown centralization but i am sure some smart developers here can work it out.

Hitler too was loved in Germany during the early 1930's and Satoshi Nakamoto will end up being
condemned to the history books with a name not much better than Adolf when the wheels fall of
this wagon and gamblers are left asking how could this ever happen to them.