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181  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 23, 2018, 10:52:05 AM
The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced

182  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 23, 2018, 08:37:15 AM
The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN? 

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it
183  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 23, 2018, 05:25:57 AM
The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN? 

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN

184  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 22, 2018, 11:23:57 PM
The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
185  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 22, 2018, 10:48:09 PM
Again, you need to be clearer for reasoning.

The 2x part was just Blockstopped again and damned down to a single dev under max shitstorm.

The last chance to hinder a titanic to sink.

We might agree that with the existence of BCH the stopping task was easier for all the left shitstormers and so it finally went down and lot of old bitcoiners switched over to the bigger boat.

There is no reason why both can't coexist you take your path with a more centralised ecosystem and we will take ours more decentralized and with routing protocols

I have no issues with both coexising the issue I have is that BCH seems to think it's the be all and end all and should be #1 and the constant smear campaign to try and convince everyone that is it the one true bitcoin when it is in fact just a fork trying to leverage the Bitcoin name just the same as any other Bitcoin fork except they all acknowledge that they are just forks and don't try to convince people otherwise.

If BCH would just accept it is a fork and let the technology do the talking more people may be a bit more open minded but when it's being pushed and manipulated by a bunch of criminals to support their agenda then it looses much respect



186  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 22, 2018, 10:15:41 PM
We do not need to repeat all that over and over.

This is about bitcoin cash here and now.

This is not about SW and LN. We know how that happend to btc.

Miners had done most of their scaling tasks long time ago. They were ready to go for bigger blocks.

Blockstopp stepped in and fudded around to fear the miners and now btc 'needs' to run little recon nodes for everybody (lol) to pari against 'evil' miners. (Divide and conquer at work)

Mearchants were ready as well and tried the SW2X...  aaand stopped by brainstoppers

Bitcoin Cash was ready for the full industrial scale, HF, on-chain scaling and open dev - including all parts in the crypto world (ex Blockstoppers)


So let it compete and see what will attract the masses over the next years.



S2X was DOA some even followed through and it failed to even fork it stalled it didn't even make it to the fork block due to the incompetence of those trying so "if" the ones that rallied against it just accepted it like we was "supposed" to then it would have set Bitcoin back a whole lot more than what is going off now

Time will tell but right now things are looking rather bleak for BCH
187  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 22, 2018, 09:14:49 PM
So this 'tiny' percentage ended up to be SW.

Sure any other input of BS can be maby ignored, but not SW, the splitting point.

How much is the weighted percentage of that, you smallbrainer over there?

You still are lying any shit into the world because you need.

Yes segwit was the brainchild of a blockstream development so what they didn't force anyone to use it plus was active on litecoin way before Bitcoin and blockstream has nothing to do with litecoin

Segwit was proposed to the community as a malleability fix for bitcoin the community agreed and it was merged.

Lightning has nothing to do with blockstream though that came from lightning labs yes blockstream has a client that is compatible but they didn't invent it in fact the whole premise of lightning came from early writings from Satoshi himself

I have tried all 3 eclair seems to work ok but not done any extensive testing, c-lightning from blockstream works ok but is still lacking in some ways and now I'm using LND from lightning labs this is very reliable not a single issue so far and has some neat features

Just because some huge development comes from a company does not mean they are now in control

The whole UASF movement that helped segwit to be enabled was not even supported by blockstream



188  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 22, 2018, 08:42:10 PM
'Other cryptocurrencies are downright scams...like Bcash''-@jhamel's Testimony to the Canadian Standing Committee on Finance FINA

Hamel had then posted on Reddit prior to giving the crypto testimony, writing, “Spoiler: I'm gonna say ‘Bcash is a scam’ and it's gonna be archived forever in the Parliamentary records (not a blockchain but still...) Donations are welcome,”

Looks like Hamel's pandering statement was exactly that. Pathetic.

As another pointed out:

Quote
“Not to mention the fact that in terms of any governing body trying to distinguish between legitimate tech and true scams, Bcash does not clearly distinguish itself as a 'scam' while leaving Bitcoin legit. Both Bitcoin and Bcash are susceptible to influence by bad actors with enough capital to create a wake. So while assumptions being made about the motivations of actors like Roger Ver might be correct, if you seek to have the government recognize a forked chain of Bitcoin as a scam, how do you anticipate they are going to evaluate the parent technology from which Bcash forked?

The point is there is nothing inherent to Bcash protocol that makes it a ‘scam’ while Bitcoin is not.”

It's not the protocol it's the people pushing it

BCH was a contingency plan led by bitmain the main people pushing it are miners that needed something to protect their investment in mining equipment it was not certain if BTC would do a PoW switch effectively bricking the mining equipment they had invested in.

Why do you think Jihan pushes for BCH but also advocates that it is different to BTC and both should survive and both have their own merits.... If one dies he has just lost a huge sales market that's why

Sorry but being run by and pushed by for profit companies to protect their investments makes it a scam

Bitmain etc own a HUGE chunk of BCH that has yet to be touched in the last 8 month and sooner or later it will move and there just is not enough liquidity to support this I think once the users that have been stockpiling start moving there will be a huge panic sell as this could be them preparing for a exit

As opposed to the Blockstream faggots? Maxwell, Back, and Todd have all been compromised, and they work in VERY important development and decision-making positions. Ver and Jihan Wu haven't made any decisions about BCH other than the price, and price really is the least important factor in determining if a cryptocurrency is viable...


You need to grow a brain, tek. Propping up their increasingly thin propaganda and hyping the proven-to-be-insecure LN is really not doing you any good. /r/Bitcoin is really just for dummies now - they've censored and/or banned any reasonable discourse, so you're just lapping up drool from the masters of that tiny brain-dead universe known as Blockstream.

Blockstream don't run bitcoin they contribute a tiny percentage to it's development but that's all

As for r/Bitcoin I don't use Reddit I don't even have an account there

Here's another useful Bitcoin cash link

https://doublespend.cash/

189  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 21, 2018, 02:56:12 PM

Quote
have you at least registered as a Money Transmission Service or requested a Bank License?

No

Quote
Are you following the KYC /AML Laws?
Are you maintaining records for when the US Marshals subpoena them.

No it's not possible I have no idea who or where they came from all I know is most went through the channel to bitrefil I don't know if it stopped there or went further

Quote
Even if you are not in the US,
are you dumb enough to allow transactions from US Based IPs, which if you are means you are breaking US Laws no matter what country you are in?

I don't know where they came from but just that they originated from a channel I have open with me

Quote
What US jail, would you like me to mail your Cake with a file in it?  Cheesy Cheesy Cheesy

Im not from the US

Quote
By running a lightning node, you are basically running an Illegal Banking Service.
Because LN uses it own note (Represented Value (Like a Check aka Bank note)) to send transactions.

That's just your opinion i'm not holding or liable for someone else's money

Quote
Did you take out insurance, if your node lost people's real bitcoins in case they sue you for losing their money.

Not possible as soon as the transaction is complete their funds are safe and i'm not holding anyone's money to loose I could shut down now and refuse to settle they would still get their funds
Quote
The Fact you are stealing fractions of people money for a basically worthless service that centralizes control of segshitcoin, does not seem to bother you.

And how am I stealing someones money they paid me a fee to route their transaction this is no different to paying a miner fee except its 100s of times cheaper

Quote
Even thru you want to be like a corrupt banker, the fact is without that banking license, then FINCERN may throw your ass in jail.
* Oh , Don't forget , if you swap btc to anything else thru LN, then you also have to register as an exchange with the SEC.*   Wink

Now you are starting to sound desperate

Quote
FYI:
I will mail you a Chocolate cake with a file. Cheesy

Thanks but I have loads tools already

Quote
FYI2:
Please don't think tor will protect your IP, it won't.

Im not using tor my node is on a dedicated server in a datacenter (Which if I wanted I could pay in bitcoin)

Quote
FYI3:
Bitcoin Cash the easy choice, verses lightning the bankers or jailbird choice.

Bitcoin Cash is a miner run coin by the miners whose only goal is to earn more money so don't be surprised when the coin supply gets increased to support the miners that are running the code and calling the shots

190  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 20, 2018, 09:50:44 PM
Lol.  Tekky is getting really desperate , got triggered

 Grin

Consult some self edit shit one shitcoinpages.


Nah just trying out LND, ive been using c-lightning for quite a bit now and just seeing how it compares so far quite impressive it's only been up a few hours and already making money from other connections routing through it.

191  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 20, 2018, 09:27:20 PM
Miners Manipulating Bitcoin Cash's Circulating supply

https://steemit.com/bcash/@cryptocoremedia/minersmanipulatingbitcoincashscirculatingsupply-jmmondsu5u
192  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 20, 2018, 06:24:35 PM
'Other cryptocurrencies are downright scams...like Bcash''-@jhamel's Testimony to the Canadian Standing Committee on Finance FINA

Hamel had then posted on Reddit prior to giving the crypto testimony, writing, “Spoiler: I'm gonna say ‘Bcash is a scam’ and it's gonna be archived forever in the Parliamentary records (not a blockchain but still...) Donations are welcome,”

Looks like Hamel's pandering statement was exactly that. Pathetic.

As another pointed out:

Quote
“Not to mention the fact that in terms of any governing body trying to distinguish between legitimate tech and true scams, Bcash does not clearly distinguish itself as a 'scam' while leaving Bitcoin legit. Both Bitcoin and Bcash are susceptible to influence by bad actors with enough capital to create a wake. So while assumptions being made about the motivations of actors like Roger Ver might be correct, if you seek to have the government recognize a forked chain of Bitcoin as a scam, how do you anticipate they are going to evaluate the parent technology from which Bcash forked?

The point is there is nothing inherent to Bcash protocol that makes it a ‘scam’ while Bitcoin is not.”

It's not the protocol it's the people pushing it

BCH was a contingency plan led by bitmain the main people pushing it are miners that needed something to protect their investment in mining equipment it was not certain if BTC would do a PoW switch effectively bricking the mining equipment they had invested in.

Why do you think Jihan pushes for BCH but also advocates that it is different to BTC and both should survive and both have their own merits.... If one dies he has just lost a huge sales market that's why

Sorry but being run by and pushed by for profit companies to protect their investments makes it a scam

Bitmain etc own a HUGE chunk of BCH that has yet to be touched in the last 8 month and sooner or later it will move and there just is not enough liquidity to support this I think once the users that have been stockpiling start moving there will be a huge panic sell as this could be them preparing for a exit
193  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 20, 2018, 02:44:38 PM
I bought some of fake satoshi's shitcoin @ $1300 and now its worth shit.Shitcoin Cash price depends on real bitcoin price.Bitcoin takes a dump and Btrash goes down the toilet.

Of course it depends on bitcoin. Its a shit coin that scammed its way into the top ten. Im not sure why you bought this garbage. Don't let the BCASH minions fool you into buying their snake oil

'Other cryptocurrencies are downright scams...like Bcash''-@jhamel's Testimony to the Canadian Standing Committee on Finance FINA

https://twitter.com/JoanOfArkCoin/status/975923430649364480?s=19
194  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 17, 2018, 01:28:01 PM

If the truth is that rumors about the fact that lightning will soon be launched in this format and with such speed and capabilities, I would now sell bch and transferred to tether or bitcoin. There is a very big chance that if it all works out then many large investors will sell lowering the price.


Lightning , You mean the real Banker coin that has built in fractional reserve bullshit, just like the corrupt fiat system.

*Tether Scam coming to a Court room near you, rumors are they might even go after Charlie Lee for insider trading.*
https://bitcoinmagazine.com/articles/warning-signs-timeline-tether-and-bitfinex-events/
https://medium.com/@bitfinexed/latest

Tek and the idiots have been whining that BCH was dying since it was $400 , and all they have been is wrong the entire time.  Cheesy

Feel free to sell your Real Bitcoin (Bitcoin Cash) for the Scamcoin (tether) or the segshitcoin, if your goal is to lose money.

But here is a Fact that overrides all of the naysayer's nonsense.

Chinese Miners mine segshitcoin which is $8000 and they also mine the Real Bitcoin (Bitcoin Cash) ~$1000 .
Which means they can sell a % of the segshitcoin and buy all generated real bitcoin , from nothing but a % of their segshit profits.

Meaning the Real Bitcoin (Bitcoin Cash) will never die and one day when the prices get close enough the miners will dump all of segshit and leave it in a death spiral so it is unusable, and totally move all resources to Bitcoin Cash.
That is the miners plan for all of the nitwits like tek that are too stupid to grasp it.

The sooner lightning starts locking up segshitcoin and the miners start losing transaction fees , the sooner the miners desert segshit.  Wink

Sun Tzu , Art of War
Quote
So in war, the way is to avoid what is strong and to strike at what is weak.
  Wink


Can you explain how LN is fractual reserve ?

Every Bitcoin/Satoshi that can be spend within the lightning network must already exist within the block chain nothing can be made up it's all trustless and cryptographically proven.

Everything you have stated and said about the LN has proven to be false

Even Twitter CEO has invested a large sum of money to help finance Lighting along with a large list of others in the technology world

Tek , everytime you claim Bitcoin Cash is dying , you have been proven wrong, so your judgement is suspect at best.

LN is supposed to Time Lock Bitcoin onchain and then have people trade a REPRESENTATION of that Value Offchain ie: LN .
The Same Way Banks , used to store Gold and allow people to trade their funny FIAT which was a representation of gold.

All it takes is 1 LN code update to change the 1 to 1 REPRESENTATION of Value to a 3 to 1 or 5 to 1.
Where as this can not happen with TRUE ONCHAIN ONLY BITCOINS.

If you can't understand the above, well I guess you got dumber while I was away.  Cheesy

Alot of people VC like your Twitter CEO throw money at multiple investments and they lose on 90% of those investments, they lose on LN too.

Because , you glossed over the main thing , the same miners supporting your segshitcoin also support Bitcoin Cash.
Which is why Bitcoin Cash is guaranteed to outlive segshitcoin.


You do know that there is a on-chain transaction that has to take place and this cannot be faked by adding more coins

If say you and a friend decided to "modify" the code which would need to be done on both ends you have effectively destroyed any value as it will no longer be accepted by any other node on the network and cannot be settled on chain at a later time

As for the lock time this is just a safety precaution so you can guarantee access on chain to all funds in the channel should another party try and steal from you which is why they won't as they are effectively just giving you everything

The lock time does not lock up any funds for normal operation you are free to open and close a channel at any time just by making a on-chain transaction

If anything will add more supply it will be BCH this is controlled by bitmain and even Jihan himself has said he thinks inflation is a good thing

You can bet that BCH will increase it's supply over 21m and BCH has made no gains on BTC since it's inception about 8 month ago so yes it has failed


There needs to be only 2 onchain transactions, 1 to lock the funds and 1 to release the funds,
what can happen in-between is a few hundred or more offchain transactions that the miners receive zero fees for.
The Miners will lose more in fees, than if they had all been onchain which is why they will move to Bitcoin Cash over staying with segshitcoin.

Time Locks may fail and other parties steal the funds right out from the other party.
All one has to do is DDOS the other party when the time lock is set to expire, to steal the funds.

All LN hubs require constant connection, so simply breaking their connection opens the funds to being stolen.

Lightning network is still losing bitcoins.  Cheesy
https://www.ethnews.com/lightning-network-users-report-losing-bitcoin-due-to-bugs
Quote
With the Lightning Network now available to be run on the Bitcoin mainnet, two Twitter users,
one of whom is a Lightening developer, reported losing bitcoin as a result of one or more bugs related to the closing of payment channels.

A LN connection does not need to be always connected you are still spewing old outdated information

You can broadcast a closing transaction at any time and then disconnect and destroy your node and you will still get your funds

As for DDoS the node this will do nothing to allow for funds being stolen it may cause you some inconvenience but that's all it won't stop or slow down the network either

I don't know if you actually believe what you say or not but you obviously are quite clueless whats happening since you are just regurgitating old outdated information that has already been proven to be false.

195  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 17, 2018, 11:36:34 AM

If the truth is that rumors about the fact that lightning will soon be launched in this format and with such speed and capabilities, I would now sell bch and transferred to tether or bitcoin. There is a very big chance that if it all works out then many large investors will sell lowering the price.


Lightning , You mean the real Banker coin that has built in fractional reserve bullshit, just like the corrupt fiat system.

*Tether Scam coming to a Court room near you, rumors are they might even go after Charlie Lee for insider trading.*
https://bitcoinmagazine.com/articles/warning-signs-timeline-tether-and-bitfinex-events/
https://medium.com/@bitfinexed/latest

Tek and the idiots have been whining that BCH was dying since it was $400 , and all they have been is wrong the entire time.  Cheesy

Feel free to sell your Real Bitcoin (Bitcoin Cash) for the Scamcoin (tether) or the segshitcoin, if your goal is to lose money.

But here is a Fact that overrides all of the naysayer's nonsense.

Chinese Miners mine segshitcoin which is $8000 and they also mine the Real Bitcoin (Bitcoin Cash) ~$1000 .
Which means they can sell a % of the segshitcoin and buy all generated real bitcoin , from nothing but a % of their segshit profits.

Meaning the Real Bitcoin (Bitcoin Cash) will never die and one day when the prices get close enough the miners will dump all of segshit and leave it in a death spiral so it is unusable, and totally move all resources to Bitcoin Cash.
That is the miners plan for all of the nitwits like tek that are too stupid to grasp it.

The sooner lightning starts locking up segshitcoin and the miners start losing transaction fees , the sooner the miners desert segshit.  Wink

Sun Tzu , Art of War
Quote
So in war, the way is to avoid what is strong and to strike at what is weak.
  Wink


Can you explain how LN is fractual reserve ?

Every Bitcoin/Satoshi that can be spend within the lightning network must already exist within the block chain nothing can be made up it's all trustless and cryptographically proven.

Everything you have stated and said about the LN has proven to be false

Even Twitter CEO has invested a large sum of money to help finance Lighting along with a large list of others in the technology world

Tek , everytime you claim Bitcoin Cash is dying , you have been proven wrong, so your judgement is suspect at best.

LN is supposed to Time Lock Bitcoin onchain and then have people trade a REPRESENTATION of that Value Offchain ie: LN .
The Same Way Banks , used to store Gold and allow people to trade their funny FIAT which was a representation of gold.

All it takes is 1 LN code update to change the 1 to 1 REPRESENTATION of Value to a 3 to 1 or 5 to 1.
Where as this can not happen with TRUE ONCHAIN ONLY BITCOINS.

If you can't understand the above, well I guess you got dumber while I was away.  Cheesy

Alot of people VC like your Twitter CEO throw money at multiple investments and they lose on 90% of those investments, they lose on LN too.

Because , you glossed over the main thing , the same miners supporting your segshitcoin also support Bitcoin Cash.
Which is why Bitcoin Cash is guaranteed to outlive segshitcoin.





You do know that there is a on-chain transaction that has to take place and this cannot be faked by adding more coins

If say you and a friend decided to "modify" the code which would need to be done on both ends you have effectively destroyed any value as it will no longer be accepted by any other node on the network and cannot be settled on chain at a later time

As for the lock time this is just a safety precaution so you can guarantee access on chain to all funds in the channel should another party try and steal from you which is why they won't as they are effectively just giving you everything

The lock time does not lock up any funds for normal operation you are free to open and close a channel at any time just by making a on-chain transaction

If anything will add more supply it will be BCH this is controlled by bitmain and even Jihan himself has said he thinks inflation is a good thing

You can bet that BCH will increase it's supply over 21m and BCH has made no gains on BTC since it's inception about 8 month ago so yes it has failed
196  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 16, 2018, 11:04:07 PM

If the truth is that rumors about the fact that lightning will soon be launched in this format and with such speed and capabilities, I would now sell bch and transferred to tether or bitcoin. There is a very big chance that if it all works out then many large investors will sell lowering the price.


Lightning , You mean the real Banker coin that has built in fractional reserve bullshit, just like the corrupt fiat system.

*Tether Scam coming to a Court room near you, rumors are they might even go after Charlie Lee for insider trading.*
https://bitcoinmagazine.com/articles/warning-signs-timeline-tether-and-bitfinex-events/
https://medium.com/@bitfinexed/latest

Tek and the idiots have been whining that BCH was dying since it was $400 , and all they have been is wrong the entire time.  Cheesy

Feel free to sell your Real Bitcoin (Bitcoin Cash) for the Scamcoin (tether) or the segshitcoin, if your goal is to lose money.

But here is a Fact that overrides all of the naysayer's nonsense.

Chinese Miners mine segshitcoin which is $8000 and they also mine the Real Bitcoin (Bitcoin Cash) ~$1000 .
Which means they can sell a % of the segshitcoin and buy all generated real bitcoin , from nothing but a % of their segshit profits.

Meaning the Real Bitcoin (Bitcoin Cash) will never die and one day when the prices get close enough the miners will dump all of segshit and leave it in a death spiral so it is unusable, and totally move all resources to Bitcoin Cash.
That is the miners plan for all of the nitwits like tek that are too stupid to grasp it.

The sooner lightning starts locking up segshitcoin and the miners start losing transaction fees , the sooner the miners desert segshit.  Wink

Sun Tzu , Art of War
Quote
So in war, the way is to avoid what is strong and to strike at what is weak.
  Wink


Can you explain how LN is fractual reserve ?

Every Bitcoin/Satoshi that can be spend within the lightning network must already exist within the block chain nothing can be made up it's all trustless and cryptographically proven.

Everything you have stated and said about the LN has proven to be false

Even Twitter CEO has invested a large sum of money to help finance Lighting along with a large list of others in the technology world
197  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 16, 2018, 09:16:16 AM
SGHTF round 2....imo we first going to around early nov 2017 prices...then lower.

BCH maybe going lower I agree but BTC has probably bottomed out the mtgox sell of is over now


https://medium.com/@btcWolves/bch-heading-towards-the-abyss-f1b2b9ec41f1
198  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 12, 2018, 09:35:20 PM
Bitcoin cash (BCH) is pushing higher against the greenback and could test the $1,200 mark soon, according to the technical charts.

As of writing, the world's fourth-largest cryptocurrency by market capitalization is changing hands at $1,119 - up 3 percent on a 24-hour basis, according to data source CoinMarketCap. Prices had dropped to a four-week low of $938 on Friday, tracking the broader market sell-off.

However, over the weekend, BCH moved back above the $1,000 mark, signaling a temporary low is in place at $938.

Seen at: https://www.coindesk.com/bitcoin-cash-price-enters-recovery-mode-4-week-low/

Bitcoin BTC will drag it back up but like never lasts as more bail out of BCH
199  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 11, 2018, 11:53:01 PM
Roger really needs to pump Bcash.

his shitcoin is dying slowly
Why does it need to pump Bcash?

Because it's slowly dying and needs another emergency cash injection

Every coin on the market has normal ups and downs there is only BCH that takes huge jumps for no reason whatsoever followed by weeks of slow decline it's obvious it manipulated

BCH fangirls can't see it though they are just shortsighted and unable to think long term and just spout crap out such as this and that happened so bullish when in reality the value just takes another dump

BCH was just born because the miners are unable to control the network with the ones pushing BCH being the same ones that tried to use their power to block Bitcoin scaling through segwit but the users over powered them and made them realise that they are just work horses

Now they follow the narrative that segwit removes the chain if signatures which is incorrect all it does is move the signatures to a different place in the block but the signatures are all there still there



Bcash, looks like the backers have lots of money, 20billion market cap

If bitconnect is still around and being traded then yes BCH probably will be around for many years but I wouldn't trust the people pushing it these are the same people that abandoned something without even a moment's doubt and will do the exact same again if they feel they can no longer control BCH

Imagine there is this girl she's smoking hot you think she's the best thing that will ever happen to you but she left all her previous relationships because someone better came along would you trust here to be faithful and think you are the exeption ?

The people pushing BCH are that girl they give you lots of false promises it looks superior you are currently believing you are the one that's until something better comes along then BCH is just another ex

200  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: March 11, 2018, 07:51:28 PM
Roger really needs to pump Bcash.

his shitcoin is dying slowly
Why does it need to pump Bcash?

Because it's slowly dying and needs another emergency cash injection

Every coin on the market has normal ups and downs there is only BCH that takes huge jumps for no reason whatsoever followed by weeks of slow decline it's obvious it manipulated

BCH fangirls can't see it though they are just shortsighted and unable to think long term and just spout crap out such as this and that happened so bullish when in reality the value just takes another dump

BCH was just born because the miners are unable to control the network with the ones pushing BCH being the same ones that tried to use their power to block Bitcoin scaling through segwit but the users over powered them and made them realise that they are just work horses

Now they follow the narrative that segwit removes the chain if signatures which is incorrect all it does is move the signatures to a different place in the block but the signatures are all there still there

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