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If we can just go up to $6k and then btc2 can be worth $4k at split before it crashes, that'd be great. Mkkaaaaayy!?!?!
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Nope. I don't like it. I can't properly celebrate when alt coiners suffer like this. They're degenerates, but they're our degenerates.
Also, because rotation.
Nah as someone else mentioned they need to find their use case, otherwise they'll find themselves redundant when side chains come in They're already redundant, but all of crypto has been trading as a kind of twisted index for a while now. Unless this really is the unpeggening, a bunch of this honey will eventually flow out of BTC and back into alts.
Innit?Screw it. Moon.  Just noticed that BTC is back over 50% of all alts  |
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Nope. I don't like it. I can't properly celebrate when alt coiners suffer like this. They're degenerates, but they're our degenerates.
Also, because rotation.
Nah as someone else mentioned they need to find their use case, otherwise they'll find themselves redundant when side chains come in |
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It does seem that BCH efforts are being redirected in what i can only assume is anticipation of seg2x but they kinda shot themselves in the foot and now have to keep two fronts open. They're spreading thin and can't go in either direction without pissing off their support base. It's ironic that they undermined themselves with a BCH, as without it it'd be much easier for them to rally troops behind 2x
If they were smart, they would have forgot about 2x and just did a soft fork of segwit onto bch. Segwit 8X FTW. They were too committed yelling that segwit will blow up and burn in flames. No turning back now. I'm guessing they're in disarray now just like their user base without a clear signal on what to do next. They have limited resources and can't support 2x without taking some out of BCH |
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It does seem that BCH efforts are being redirected in what i can only assume is anticipation of seg2x but they kinda shot themselves in the foot and now have to keep two fronts open. They're spreading thin and can't go in either direction without pissing off their support base. It's ironic that they undermined themselves with a BCH, as without it it'd be much easier for them to rally troops behind 2x
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Your BTC transaction will be replayed on BTC2X.
That's by design, for maximum disruption. A hostile takeover attempt by any reasonable standards. I think splitting BTC-B2X will require mixing freshly mined coins into one's transactions. The landing chain of the transaction will be the chain where the fresh coins were mined. I still have to figure out how to do that. There seems to be a different way invoving timelocked transactions - but I won't have a clue about this bit of magic until I research the matter. BTW, for the technically knowledgeable: pointers would be welcome  There is going to be opt-in replay protection. (Why opt-in and not strong, see https://bitcointechtalk.com/how-segwit2x-replay-protection-works-1a5e41767103) To split your coins On BTC chain you have some coins in address (A), you send your coins to another address you own (B), and include a further special recipient address 3Bit1xA4apyzgmFNT2k8Pvnd6zb6TnwcTi to whom you send a few satoshis. (You have to use send to many option in your wallet, to send them at once). Any transactions that contain this special address will be ignored by 2X miners. Once this is successful, you will have your BTC in an address(B) you own. Now you switch to the 2X chain, and send again from your first address (A), this time to a different addresses (C) you own this time omitting the special recipient address. After this: A is empty on both chains B contains BTC coins C contains 2X coins Huh WTF!?!? |
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He got lucky and made some money on the internet. Now he thinks he's a fucking genius. It's a common problem around here.
No, apparently the real geniuses are the accounts on this thread that want to convince everyone that that Bitcoin core developers are completely and woefully incompetent, that Bitcoin still sucks and if it just had bigger blocks it would take over the whole fkn world. See BCH and their dev team for complete fail. Why does it make you so upset that other people see the world differently than you do? If they are as wrong as you believe, you should just let time prove you right. Instead, you get your panties in a bunch whenever someone says anything you disagree with. I have no problem at all with the exchange/sharing of ideas and non-confrontational debate. It's healthy and should be applauded. But c'mon, this whole block size thing? FFS, it's getting really old guys. Like for years and years now has this topic been discussed and debated ad nauseam. By internet armchair warrior geniuses who have no computer programming or blockchain coding expertise, but somehow think they know better than the very people involved with the project, the Bitcoin Core dev team. The block size debate is a dead horse that has been beaten so much over the years, it's been pounded into complete dust. And then these same people, after years and years of flooding the forums with teeth gnashing, circular and confrontational debate, FINALLY get what they want (BCH w/ 8MB block limit) and their own dev team separate from Core, and then they have the audacity to dismiss it lightly and come back and continue the debate around shoving bigger blocks into Bitcoin? Like now BCH wasn't somehow good enough, wasn't what they wanted after all? I thought that bigger blocks was the answer to all of Bitcoin's problems? Wasn't BCH supposed to solve everything? These people aren't just debating and discussing ideas. They are trolling. Oh! I get it; and since it was already discussed to the point of exhaustion, we'd better discuss the Las Vegas conspiracy, right?. Out of sarcasm, there is a pink elephant in the room and you don't want to see it. Now, more than 90% of hash power signaling part x2 of the NY agreement, and you're pretending there's nothing to discuss here? 90% of people are asking for a pay raise? No way!! STOP THE PRESSES!!!!!!! Or are we assuming what's good for miners is good for the environment as a whole? Miners are a tool, they don't get to make the rules, they just need to follow them or fork off |
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This is Bitcoin sub forum, not a BCH sub forum. You have the coin with big blocks that you so desperately wanted, and you got it. So again, why do you repeatedly keep coming back here? Why aren't you off with your little tribe?
Oh, I know why. Because you are a troll. Because only a troll keeps coming back to a sub forum thread after they supposedly got what they wanted. Quit trying to 'save' anyone here from anything. We don't need saving. Everyone here knows what Bitcoin is and what BCH is. And people here want to discuss Bitcoin, not BCH. Nor want to discuss how to turn Bitcoin in BCH.
I am discussing Bitcoin. I am discussing Bitcoin Segwit Core, Bitcoin Segwit 2M, and Bitcoin Cash. Life is a game of probabilities. While I am confident that BCH will eventually be recognized as the One True Bitcoin, only a fool would ascribe 100% to any such outcome. As such, if there is a case for improving Segwit, I am going to make it. I am decidedly not a troll. Are you a troll? Is Segwit Core 'what you wanted'? Then why do you return to this sub forum? Yes, we all (most) probably know what Bitcoin is. I doubt, however, that everyone here was complicit with you appointing yourself arbiter as to what may or may not witness being discussed here. Regardless, it is quite clear that at least some have not yet heard the fact that onboarding the world will take decades at 1MB, and that neither segwit nor LN ameliorates this issue, while block size increases do. If you really want to wallow in willful ignorance, feel free to ignore me. I'd be a little sad -- I seem to remember us having cordial conversations in the past -- but I'd live. "While I am confident that BCH will eventually be recognized as the One True Bitcoin..." with that logic it's definitely good to diversify so you don't loose all of your money. In due time you'll look back and realize how you were taken for a ride, and thank people who stood up to it oh oh do tell how block increases helps on boarding the world? Would you mind doing a simple math on how big your blocks should be for every person in the world to do just one transaction on chain per day? I'll wait Assuming an average transaction size of 600 bytes and 7.5 billion people: 31.25 GB But that's still less than unlimited right? Hmm maybe BU was actually on to something  |
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This is Bitcoin sub forum, not a BCH sub forum. You have the coin with big blocks that you so desperately wanted, and you got it. So again, why do you repeatedly keep coming back here? Why aren't you off with your little tribe?
Oh, I know why. Because you are a troll. Because only a troll keeps coming back to a sub forum thread after they supposedly got what they wanted. Quit trying to 'save' anyone here from anything. We don't need saving. Everyone here knows what Bitcoin is and what BCH is. And people here want to discuss Bitcoin, not BCH. Nor want to discuss how to turn Bitcoin in BCH.
I am discussing Bitcoin. I am discussing Bitcoin Segwit Core, Bitcoin Segwit 2M, and Bitcoin Cash. Life is a game of probabilities. While I am confident that BCH will eventually be recognized as the One True Bitcoin, only a fool would ascribe 100% to any such outcome. As such, if there is a case for improving Segwit, I am going to make it. I am decidedly not a troll. Are you a troll? Is Segwit Core 'what you wanted'? Then why do you return to this sub forum? Yes, we all (most) probably know what Bitcoin is. I doubt, however, that everyone here was complicit with you appointing yourself arbiter as to what may or may not witness being discussed here. Regardless, it is quite clear that at least some have not yet heard the fact that onboarding the world will take decades at 1MB, and that neither segwit nor LN ameliorates this issue, while block size increases do. If you really want to wallow in willful ignorance, feel free to ignore me. I'd be a little sad -- I seem to remember us having cordial conversations in the past -- but I'd live. "While I am confident that BCH will eventually be recognized as the One True Bitcoin..." with that logic it's definitely good to diversify so you don't loose all of your money. In due time you'll look back and realize how you were taken for a ride, and thank people who stood up to it oh oh do tell how block increases helps on boarding the world? Would you mind doing a simple math on how big your blocks should be for every person in the world to do just one transaction on chain per day? I'll wait |
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At some point the regulations on Bitcoin exchanges will make it increasingly difficult for people to get their hands on fiat for whatever reason they might have (momento? wallpaper?).
Provided the market cap continues to grow, thats obviously inevitable. That's the part that i agree with Jamie Dimon on, thinking that govt will play nice is naive. Where we disagree is i'm hoping with all of the bureaucracy and global nature, we'll continue to fly under the radar long enough to get too big for one govt to do anything about. |
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The volume (denominated in USD) is truly impressive. Looks like asia is dumping but there's a ton of demand ready to pick up at these prices. This should be interesting once the tide changes
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BTC1k ask wall on finex flashing 
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it is bizarre that 9 hours after the beginning of this fuck up, it is not even known for sure what is really going on. even by bitcoin standards.
I mean, all participants are digitally interconnected in multiple ways, and yet we have no fucking clue what is really true.
I seem to remember it took multiple months before anyone knew what the score was with the China Ban in 2013. Welcome to unregulated market. There's nothing to prevent someone from front running the news. Looks like currently China is trading at deep discount, which brings some validity to the rumors. BTC is priced for its potential and not current utilization, as such market is very emotional and will react violently to any news. Money always brings smart people who will pick up on these things and try to exploit it. So yes it will continue for foreseeable future, now the game is to wait for actual news to hit and figuring out if the market over or underestimated it. i'd wager... overestimated it. HoneyBadger don't give a shit. If you zoom out, you'll see historically this has always been the case |
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it is bizarre that 9 hours after the beginning of this fuck up, it is not even known for sure what is really going on. even by bitcoin standards.
I mean, all participants are digitally interconnected in multiple ways, and yet we have no fucking clue what is really true.
I seem to remember it took multiple months before anyone knew what the score was with the China Ban in 2013. Welcome to unregulated market. There's nothing to prevent someone from front running the news. Looks like currently China is trading at deep discount, which brings some validity to the rumors. BTC is priced for its potential and not current utilization, as such market is very emotional and will react violently to any news. Money always brings smart people who will pick up on these things and try to exploit it. So yes it will continue for foreseeable future, now the game is to wait for actual news to hit and figuring out if the market over or underestimated it. |
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The end of the Cryptocurrency Exchange era in China (translation) - Google DocSo they're really going for it according to that. I wonder what measures miners have in place to sell. I assume the proper ones have OTC deals but there must be some stragglers who'll have to get something in place. I can't say I'll be too sad if China checks out. It'd be a great irony if China forces Chinese miners out that'd be awesome, unfortunately I don't think they're that dumb, they more likely to subsidies BCC |
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Shouldn't capital from Etherpoop be escaping to BTC right about now
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Looks like wave 2 is incoming, BCChina is going full retard while BTC staying above $4k. This weekend should be interesting, gotta grab some popcorn
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I just want to use Bitcoin as a currency. I honestly do not care too much about the small differences between the two chains. They both have SegWit which will allow the Lightning Network which will allow for fast, cheap microtransactions.
Not really. BCH doesn't have Segwit, doesn't fix tx malleability and obviously LN can't play with tx malleability without other workarounds (?). It's just "bigger blocks". Didn't BCH fork off after the Segwit lock in? Or did they fork with a version that did not include it? It doesn't include it at all. He forked-off prior to Segwit activation so there are no Segwit transactions in BCH. Why on earth BCC hina support Segwit or god forbid LN? Think people are missing the whole point of this fork. Miners don't make money on LN transaction = miners don't support LN Miners don't make money either if fees are very low... Oh, now that I think about it.... Are those calculations about profitability of BCH vs BTC include tx's fees per block? Don't think so.... Think long term global scale. This is just an attempt at a power grab 8MB blocks will be full too. Miners only make money on on-chain txs. |
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I just want to use Bitcoin as a currency. I honestly do not care too much about the small differences between the two chains. They both have SegWit which will allow the Lightning Network which will allow for fast, cheap microtransactions.
Not really. BCH doesn't have Segwit, doesn't fix tx malleability and obviously LN can't play with tx malleability without other workarounds (?). It's just "bigger blocks". Didn't BCH fork off after the Segwit lock in? Or did they fork with a version that did not include it? It doesn't include it at all. He forked-off prior to Segwit activation so there are no Segwit transactions in BCH. Why on earth BCC hina support Segwit or god forbid LN? Think people are missing the whole point of this fork. Miners don't make money on LN transaction = miners don't support LN |
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If bitcoin and bcash reach parity I will sell both and wait.
Doesn't holding what BCH you have just make things worse? Pumpers depend on people not dumping on their heads. ahhh, but if we all dump into their deep pockets they control the entire float Let them  they can have their China tokens |
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