Style note - making your title all caps makes me not want to read it.

The reasoning is, if you can't handle capslock properly, why should I care about what you're posting?

BCrash, or ButtChinHoldings is still languishing near its post-crash lows.

The "devs" can hard-fork all they want, it won't magically produce anyone using it for anything other than dumping.

In fact, I'd like to thank the ego-centric idiots behind BCrash, since it has convinced miners that Segwit2x, their latest attempt to be complete douchenozzles, is a breach of their agreement and they are pulling support.

So thank you, Jihan and Ver, your stupid bullshit has finally come to a close, and they deserve every single bit of derision they get.

Needs proper date formatting to be in the News Section.

Specifically, YYYY-MM-DD.

Thanks...

Was it really so difficult to use "[" and "]" brackets?

Also, what is up with this "B4" garbage?

Idiocracy was a documentary, apparently.

Needs proper date formatting to be in the News Section.

Thanks...

To summarize:

"OMG THIS LOOKS LIKE A BIG RALLY AND IT WILL DECLINE"

Yes, Bitcoin veterans have been through this numerous times before. Thanks for your "warning" which really isn't much of one at all.

I always laugh when someone used to the plodding slowness of Equity markets gets their knickers in a twist about our rises and falls.

Its a perfect Bitcoin "noob" indicator.

It certainly makes a difference when the only software available is a practical oligopoly in their centric-scheme.

It doesn't matter much, the EDA disaster will continue to force down their price until they can't even justify supporting it on the Asian exchanges.

Its good for one thing - dumping for your own currency or changing it into BTC.

Correct, most of the price action is coming from Asian exchanges. No one else really cares, unless they are dumping it for their local currency. "Altruistic Mining" is laughable, since this shitty alt-coin is sponsored by corporate interests and a primary actor in Japan.

Just part of a power-grab by those who think money will buy their influence.

This shows the real sordid underbelly of BCH.

It isn't about getting consensus, its about a centralized power structure pushing changes out to the network.

We've tried that before - its called Central Banking.

Why BCH can't see that this is a path to failure just shows the flawed mental processes at work from their developers and supporters.

The EDA is a flawed mechanism and that is being revealed by the cycles of mining hashrate.

Reference - https://www.reddit.com/r/Bitcoin/comments/6vxbse/we_may_have_to_accept_higher_fees_until_september/

This will cause BCH to have downward selling pressure as the cycle continues.

The number of complaints regarding no proper date formatting of News Articles has grown as well.

Please change the title to include the date according to the News Section FAQ.

Thanks...

My limited understanding is that any real income is determined by local currency.

So the conversion from whatever crypto into fiat is the taxable event.

It could be more complicated, but until specific guidance is issued, you're better off paying something rather than nothing. It is in your favor to have had attempts to settle potential tax instead of avoiding it all together.

Its impossible to engage the legacy banking system and not leave a trail. Just pay the 13 - 15% on long-term capital gains and be done with it. (Most people have held for more than a year.)

I don't understand why someone would risk potential fines and audits or even jail by not paying. Whatever your stance on taxation is, you're not going to change the system from inside a jail cell.

Its increasing slowly with every block. It takes time. I don't get why people think things work like switching on a TV.

http://segwit.party/charts/

Its the same mindset that foamed at the mouth about "bigger blocks now", when the truth of the matter was non-organic spam pushing the network hard. Always an agenda, always someone with zero impulse control spewing complete bullshit.

This is all part of BCH's shitty difficulty algorithm, and how it impacts miners switching back and forth.

http://www.reddit.com/r/Bitcoin/comments/6vxbse/we_may_have_to_accept_higher_fees_until_september/

The short of it is, the oscillating difficulty adjustments on BCH's side flip miners back for a few iterations, until the difficulty adjusts in BTC to a much lower rate - which will kill any incentive to mine for BCH. This is a self-reinforcing loop, which puts a lot of downward pressure on BCH price.

So, thanks to Jihan the asshole and Roger the dickhead, we'll have to go through a few cycles of this until the Sept. difficulty adjustment in BTC.

However, it won't persist for long as BCH bleeds lower and becomes marginal at best for anyone to mine on.

Going to zero is often an argument used by concern trolls on forums and hit-pieces written by clueless "journalists".

While you can argue that any asset has a probability of "going to zero" (even if it is inifinitely small, therefore highly improbable), the more objective view is the sunk costs that the Bitcoin network already represents. You are talking about Billions that have been invested in the form of hardware, time, capital and businesses that thrive in the Bitcoin ecosystem.

You might as well bet on the likelyhood of an entire country disbanding and going bankrupt. There are too many people around the globe with a vested interest in making things function. The "floor" here is the combined will and effort of every participant. That kind of human capital isn't going away, in fact, its growing larger as we speak.

Needs proper date formatting to be in the News Section.

Thanks...

From a high of ~960 now trading at 582.

Yeah, this is a pumped-up shitcoin that has all the hallmarks of a few deep pockets pushing it around.

Roger Ver has run out of subtlety as his particular brand of insanity takes hold.

There are 19 TRILLION reasons Bitcoin will be rallying hard.

Just the debt in America is enough to see to that. What you are seeing isn't just Bitcoin moving up, but a true reflection on the fading buying power of fiat currencies.

There's a lot of room left for Bitcoin to run.

Bitcoin.com is a Roger Ver owned domain that pumps out endless bullshit under the pretense of "news".

Its no better than a PR-Newswire release, where they post anything you pay them for.