Books are so thin. Keep thinking something is a violent reaction either way, but then it fizzles out.
This is the lull before the next storm of either panic buying or panic selling. |
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I'm waiting to see what happens when the some of the hashrate on the BCH chains goes back to BTC.
I understand dropping hashrate is causing slower Bitcoin blocks, but does anyone know why there's sometimes huge gaps between blocks, then loads mined within minutes of each other? Is that just random chance, or miners playing tricks? |
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well its still looking like a disaster out there. No solid bounce.
I'm wondering what were the reasons for the bottoming period in 2014/15. I always thought it might of been that the mining costs at the time made a floor at that price, but I never looked into it. Does anyone know if the mining price was around the 200 level in 2014/15?
Bitstamp getting hacked caused the $150 bottom in 2015. At that time it was the biggest exchange. |
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Hitbtc has markets for BCH, BCHABC, and BCHSV. How does that work? Why the BCH market when it's forked?
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yep.....looks like Craig Wright has gotten his way and will soon be in control of Bitcoin Cash after taking over more than 51% of the BCH network.
Absolute fucking lulz. I have to imagine Roger Ver is literally in tears at this moment. Babies are dying, etc... Unless he really has BTC1MM (or whatever will be left after fighting ABC) and is actually insane enough to believe he can take on BTC i really don't see his end game. So Bitmain will unload their 1MM in bcashSV to him, and if we to believe that he already has 1MM in bcashSV that'll put him at over 2MM+ in bcashSV. A shitcoin with even less support than bcash and a ton of enemies WTF is he planning on doing with that? His view is quite obv imo: He builds a better product than the rest and therefore generates demand. If Reddit, Twitter or Bitcointalk like him or not won't be decisive for success or not. Now you can obv disagree if the markets will agree with him or not or if he really will have a better product but you asked for his "plan" and here you go, that's his plan. Step 1 pretend Satoshi, Step 2 buy big into fork while cheap step 3 use some of the personal funds to intimidate during fork, Step 4 control shitcoin and pretend it's new Bitcoin Step 5 be richer than at step 1 For faketoshi, I think it just comes down to this -   |
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What's the deal with the hats? Everyone has this avatar nowadays?
What did I miss with all the hats here?
It's because we found out the meaning of life is "People aren't wearing enough hats". This link explains the meaning of life.  |
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Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.
In mid to late 2019, I will explain it.
It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.
I am not a man prone to violence, but when I see outright blatant lies like this, I really want to clock that fart-huffer square across his moisturized cheek-bone. I take some solace in knowing this lunacy will likely come to some sort of conclusion, within the next 48-72 hours. I was panicking a bit earlier, haven’t felt like that since 2014. My nerves have settled now & I’m looking forward to seeing BCH & its shitfork suffer in the coming weeks/days. Their shit show can’t go on for too much longer, right? And I did BTFD  Craig Wright's bullshit gave me a brief moment of panic until I remembered his broken promise to move coins from an early block to prove he's Satoshi. He's told massive lies before, and he'll keep doing it. He didn't keep his proving he's Satoshi promise, and likewise he won't keep his destroying Bitcoin promise because he can't. |
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Exactly. By the chain that wins the upcoming BCH hash battle. Bitcoin Cash implementing the SV consensus rules.
The hashrate fight has not even started yet. All we are watching are preliminary intimidation movements. I would not count a winner just yet. True enough. Though if momentum be any valid indicator... Where's the ABC white knight? Is bitmain going to stop mining BTC in order to mine their fork? What plans are there for block explorers and electrum wallets for the new forks? The SV and ABC websites only seem to offer qt wallets. I can't find anything for everyday people, only stuff for miners and full node hosters. |
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Craig Wright is tweeting literally every 10 minutes tonight
Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.
In mid to late 2019, I will explain it.
It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.
Sorry. You allowed Core to kill BTC.
I did try and stop you.
Fuck the lying bastard. He has a history of breaking his promises. Years ago he promised to transfer Bitcoin from “an early block” to prove he's Satoshi. He never did. He's taking the piss expecting people to believe his new bullshit. |
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What did I miss with all the hats here?
It's because we found out the meaning of life is "People aren't wearing enough hats". This link explains the meaning of life. |
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We're old school HODLers here. These drops have no effect on us anymore. We were here when one btc could be exchanged for <100 federally backed tokens. We'll still be here when one btc doesn't need to be exchanged for federally backed tokens at all. We'll just use them to buy things when all other currencies are worthless. And if we want to do so secretly we'll atomically swap them for Monero first. Nothing to see here. Carry on.
Agreed.  |
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Today bears be like.  |
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But we have run out of toilet paper. |
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What happened? I thought you people were bitcoins first line of defense? Why are you all sleeping on the job?
Because you aren't wearing a hat. Hey, I tried but that JJG amount of text in his avatar is no legible once shrunk to the proportions of the hat even with some creative text compression. You could bodge it like this one that uses an animated png. However, you can probably only view the animated bit on firefox, or Chrome 59 and later.  |
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Whatever they do the exchanges will still call it Bcash ABC or whatever. They might think they're ditching the bcash name, but they're stuck with it.
Haha. You funny guy. None of the exchanges that matter call Bitcoin Cash 'BCash'. What makes you think they'll start now? Proof of Social Media? I know yobit calls it Bitcoin Cash, but exchanges that matter like cryptopia call it BCash. |
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"Craig Wright says he has an exploit to take down Bitcoin (BTC) by end of 2019. Does he? Or all talk?" https://youtu.be/4TOnHAlI_VgWTF? I hope it's just Craig Wright talking out of his ass... CSW's whole thing is to exploit how people tend to believe that things aren't total lies. So when he says he's Satoshi, people think "Well, I don't believe he's Satoshi, but maybe he knew Satoshi". Or "He failed to destroy BTC with mining power like he said he would last year, but maybe he still actually has a bunch of mining capacity hidden away somewhere." Or "There's no technical way for him to irrecoverably screw with SegWit transactions, but maybe he found some bug somewhere." But really he's completely full of shit; the vast majority of claims he makes are complete lies from front to back. (And often just a tiny bit of research will make this obvious.) If he had an exploit to take down Bitcoin (BTC) he would use it today. Why wait for months before using it? |
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Yup. BCH, in the form of SV, is midway through demonstrating that:
- so-called 'nodes' don't matter
- miners decide, restrained only by the threat of users abandoning the chain
- forks can be just an upgrade mechanism - decisively, if backed by hash
- the most proof of work chain matters
But what doesn't seem to matter is actual user adoption, merchant adoption, investor interest, anyone really giving a shit, etc. Sez you. The SV team says different. They have a realistic plan for widescale adoption. Meanwhile, Core is drinking 'chamapaign' at $50 tx fees. Tittie coin had a realistic plan for widescale adoption, but it didn't work. |
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What happened? I thought you people were bitcoins first line of defense? Why are you all sleeping on the job?
Because you aren't wearing a hat. |
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Cheap coins are coming booois!
Aren't you grateful!
Weeeeeeeeeeeeeee
Let them dump more!! I want $1k/piece so i can complete my 21coins target!
You even take your HAT of for this kind of drops Pffff lessons start NOW Gonna pump so hard in here...... Posturing and whale-play. You got to give the bch, bctabcdefg camps respect for pulling this off. Whatever they do the exchanges will still call it Bcash ABC or whatever. They might think they're ditching the bcash name, but they're stuck with it. |
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