the lack of true fungibility will bite everyone in the arse sooner or later, no need to blame bitcoin cash. ... and there we have it. The first in the much predicted new round of attacks on bitcoin. 'oh that shit ain't fungible, see, so what we really need is a NEW bitcoin, let's call it BitcoinAnonymous', fork off from ghastly corecoin and rule the world ... anybody?' No, fuck off, it's fungible and there's no taint or title in bitcoin. I think most people agree fungibility is an issue in bitcoin. IIRC, the vast majority (if not all) of Core does as well. That doesn't mean this won't become a hotly debated issue, probably a lot more contentious than smallblocks versus bigblocks. The longer we wait, the more "normies" and less "revolutionaries" will be involved in crypto, and the more contentious this becomes.
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Just to be sure: the fork is happening shortly after noon (UTC), and not shortly after midnight, correct?
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Bitcoin, like any so-called crypto currency, is the old like world scheme of Ponzi. Only in the new high-tech pack. Want an example? You are welcome: 1. Assume that all people in the world convert half of their savings from ordinary national currencies to crypto-currencies. What does it mean? This means that the producers of crypto-currency, received half of the world's volume of national currencies - half of the total world currency bascet. 2. After a while, the fictitious value of investments in crypto-currencies increased 4-fold (as we see in the case of Bitcoin and the mass of other crypto-currencies). What does it mean? This means that now, every person in the world, reasonably expects to receive in exchange for his crypto currency (as a return on his genius) in 4 times more volume of the national currency. 3. Let's assume that all these people, at the same time, decide to fixed their investment profit-to exchange their crypto-currencies that went up four times, (if they take profit in the form ordinary national currencies). All of them expect to receive now 4 times more national currency than they used to, they spent on buying crypto-currencies. QUESTION: Where does this whole currency come from? From producers or producers of crypto-currency? But they simply do not have such volumes of ordinary currency, and never were. Because, previously selling the Crypto currency, in exchange for the usual currency, the organizers and the receivers only received the initial value of the crypto currency in the usual currency. Which was at the time of the transaction only - 1/4 of the amount of currency, which is now payable to all owners of the crypto currency. CONCLUSION: Bitcoin, like any so-called crypto currency, is the old world scheme of Ponzi. Where each participant can receive a gain of the investments only one way - due to those new participants who have entered this pyramid later. Wow, my mind is blown! Such genius ! Now replace the word crypto with stock market and try to figure out where you went wrong...
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Wut? No free cash, Bitcoin Cash Plus will be the REAL Bitcoin Cash! *
* As satoshi intended. Haven't you read the whitepaper? blah blah?
Nah, that´s a shitcoin. The truly gem is Bitcoin Cash Plus Classic Those all shit coin. Bitcoin Super cash Plus will rule all. Bitcoin Unlimited Infinity Cash Token Plus 9000 TMIt'll have 64 TB blocks. Transactions will be so fast they'll go back in time. Top that bitchez! My Bitcoin Quantum Mysterium will feature direct b2b (brain to brain) payment channels based on bleeding edge Quantum Entanglement Technology. It will allow for new features such as instantly paying another for his thoughts, or outsourcing hard questions (such as: "how is this new technology going to work in practice"?).
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bitcoin cash is quite nice
segwit seems like a trojan horse to me and i don't like the idea of off-chain txs (lightning network)
off-chain is a misnomer for LN
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I can certainly agree with the bolded sentence. And we don't know the level of support and consensus until the experiment is run. Fact is, in roughly coterminous timeframes, all Bitcoiners will be forced to choose between: Change A to Bitcoin; or Change B to Bitcoin. No option for Unchanged Bitcoin. So get off your high horse. If one is an alt before the fact, then so is the other.
Cheers!
Is there going to be a BCC fork no matter what conditions? I heard some people say that it would only be if UASF split off or something? I am a bit out of the loop.
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Hey there. New to the BitcoinTalk forums, happy to be here I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so? Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now. Solid advice. OP sounds more like he wants to put everything on red though. OP sounds like he wants to invest not trade? I would say putting his christmas and birthday money into bitcoin is a sound idea especially since it would prevent him from spending it on things he will probably never need anyway. Its not like he is thinking to use money he can't afford to lose as some people have been doing. And how much profit would I be able to make within half a year or so? He is not asking if we think bitcoin is undervalued, he is asking us how much riches he can get quickly. I am not judging, it is a common attitude (I am quite the greedy pig myself), but it is also the attitude that is most likely to lose you money.
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Hey there. New to the BitcoinTalk forums, happy to be here I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so? Don't trade. Get a student job and buy Coins every month with your earned Money. That is what I did from 2014 till now. Solid advice. OP sounds more like he wants to put everything on red though.
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Just remember kids, never in Bitcoin's history has there been a double top where the second top went higher than the first.
Because if it went higher, it wouldn't be a double top? So what, you think that after 5 weeks of constant down and this dip to 1830 was the "first selloff" of a much larger, protracted bull run? And that $100B is just sitting on the sidelines waiting for SegWit2X approval so they can come pouring in and run this thing up to $5000+ by EOY? Really? That would be a nice dream. That's exactly what people thought in 2013 too, after the first crash and bounce back up to ~$980. I don't really care... I'm hedged with a huge future stash, as well as a good amount of fiat to buy more at the very bottom, so I win either way it goes. But I'll go on record right now saying that I think $2980 was this year's top. And that by Feb. 2018, I think we'll see around the ~$1600 mark. No, 2980 having been the top is definitively a scenario that I am taking into account. I just thought the terminology was phrased weirdly. It just seems to me that a double top where the second top goes higher than the first is a contradiction in itself (I can be pedantic at times ).
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Just remember kids, never in Bitcoin's history has there been a double top where the second top went higher than the first.
Because if it went higher, it wouldn't be a double top?
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Ethereum getting hacked, bitcoin getting Segwit, looking good... I feel comfortable enough in my current position that I am not going to buy in extra. This lack of greed is probably a good indication that we will actually jump higher still.
Note to self: next time just buy in...
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Wow, coiled rocket snake train taking off
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Ethereum getting hacked, bitcoin getting Segwit, looking good... I feel comfortable enough in my current position that I am not going to buy in extra. This lack of greed is probably a good indication that we will actually jump higher still.
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bad timing OP --> parity multisig hack
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Notice the rise in Altlandia.
This was primarily a massive Altlandia bull trap. Crypto personalities on yt are going nuts, doubling down with both hands.
They're gonna get burned again.
yt = YouTube?
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John McAfee is taking bets: In the long term Bitcoin moves above $500,000 within three years. Bets? https://twitter.com/officialmcafee/status/887012614131372032Send legal contract bet to: John McAfee 98 Scott Street. Lexington, TN. 38351 I would definitely take a $500k bet knowing that in 3 years I can sell one of my bitcoins for $500k to pay off the bet happily. Or he gives me $500k. Win win. Well, the problem is nobody knows what $500k can buy you after 3 years! Not sure if trolling or lost his marbles.
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so AGAIN a proposal the person closest by new ATH guess to recieve 0.25 BTC paid direct come start shooting September 17 (2017)
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