Maybe it's time to sell my Bitcoin Cash, at a loss ? Bitcoin’s SegWit Alone is Outnumbering All Bitcoin Cash Transactions. SegWit transaction capacity increase compared to Bitcoin Cash Since the launch of Bitcoin Cash in August 2017, around 6.1 million SegWit transactions have taken place, 20.1% more than the cumulative number of Bitcoin Cash transactions in the period. http://bitcoinist.com/segwit-outnumber-bitcoin-cash-transactions/get out asap . this coin is toxic. a bird in the hand is worth two in the bush
|
|
|
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. 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 Its a fix without the miners consent, the people that have real investment in the coin. It pretends to be a sf but really its a hf. Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc. Something we agree on the miners will decide major changes the same miners that pushed for the fork do you see a issue here The miners are just employed to secure the network and are the tiniest percentage <1% of all users so why should they decide what everyone should be forced to accept Going back to supply inflation just say BCH takes on a stupid infinite block reward subsidy and abolishes all fees somthing like 10 BCH forever per block. Obviously you won't agree same as all other users that have value and does not want it diluting with such high inflation but the miners would be a dream come true they will hold so much wealth so why wouldn't they pass it. The whole premise of crypto currency is to take back financial freedom and not to be just slaves to the current banking system and allowing the miners to control the code and changes is just the same you are just giving them total control instead of banks you nailed it tek . thats it in a nutshell. bye bye bch
|
|
|
It’s definitely not over but the bounce off $8200 was unexpectedly strong. I think that may have rocked some bears.
The optimism chart says we will break the downtrend in April.
confirmed. should see $9000 again in the next 48 hours . the next 5 years are critical
|
|
|
I should probably also point out that the the electricity consumption debate on BTC is being magnified by the media. The data centers of the olympics consume way more than Bitcoin does, but ofcourse we don't pay any attention to that. If you hear the media talking about electricity consumption try for yourself to atleast get a frame of reference on what such consumption means. They're just comparing it to countries but what about certain data centers and payment solutions? How does it compare to those? How does it compare to an industrial complex? Those are the things you don't hear. Everyone is just salty for not buying BTC for pennies ( ) This is a popular form of whataboutism, that I have heard here before. People trying to justify the costly nature of bitcoin by comparing it to the incomparable. Just like you did here, by comparing the worlds nr1 athletic event with 3,6billion viewers to a speculative digital asset and with maximum 5 million active users. The costs of running the bitcoin blockchain should be compared to the comparable - meaning to the costs of other blockchains! No other blockchain is comparable to Bitcoin, because no other blockchain is decentralized, and in the end, that's all that really matters. At first, bitcoin blockchain is centralized around pools. 3 pools are enough for a 51% attack. That makes bitcoin as centralized as most and more centralized then some. Second, centralization will only matter to low educated millennials, who are dumb enough to actually believe the "bitcoin vs fiat" sales pitch BS narrative. In the real world of fiance and economy, what counts is efficiency, not fantasy. If you hate bitcoin so much why are you here? I'm here for the tears of bitcoiners and sometimes some rainmaking is needed. Also, the sentiment here can also be a good indicator to help with my crypto gambling habbits. Oh .. I cry every day at the stupendous 1000s of percent gains from bitcoin and how glad I never dumped my coins when dickheads like you dumped there's at 10 cents and forever bitter(tard)
|
|
|
I should probably also point out that the the electricity consumption debate on BTC is being magnified by the media. The data centers of the olympics consume way more than Bitcoin does, but ofcourse we don't pay any attention to that. If you hear the media talking about electricity consumption try for yourself to atleast get a frame of reference on what such consumption means. They're just comparing it to countries but what about certain data centers and payment solutions? How does it compare to those? How does it compare to an industrial complex? Those are the things you don't hear. Everyone is just salty for not buying BTC for pennies ( ) This is a popular form of whataboutism, that I have heard here before. People trying to justify the costly nature of bitcoin by comparing it to the incomparable. Just like you did here, by comparing the worlds nr1 athletic event with 3,6billion viewers to a speculative digital asset and with maximum 5 million active users. The costs of running the bitcoin blockchain should be compared to the comparable - meaning to the costs of other blockchains! No other blockchain is comparable to Bitcoin, because no other blockchain is decentralized, and in the end, that's all that really matters. At first, bitcoin blockchain is centralized around pools. 3 pools are enough for a 51% attack. That makes bitcoin as centralized as most and more centralized then some. Second, centralization will only matter to low educated millennials, who are dumb enough to actually believe the "bitcoin vs fiat" sales pitch BS narrative. In the real world of fiance and economy, what counts is efficiency, not fantasy. If you hate bitcoin so much why are you here?
|
|
|
bollocks the positivity chart is broken.must get it repaired asap
fixed
|
|
|
Nice to see the price is recovering. Any predictions for the end of 2018 ? Yes the btc price is recovering and dragging most alts up with with it ...go figure
|
|
|
is this forum full of infants?
Sig farmers and psycho infants. I will take that as a compliment
|
|
|
is this forum full of infants?
|
|
|
looks like it's heading back to $300 where it belongs. I would empty your bags now
|
|
|
Lambo profit warning tomorow due to record number of cancelled orders
|
|
|
Am I alone in thinking that this is the true beginning of the demise of bitcoin? it's just you and roach
|
|
|
welcome back Aztek
|
|
|
bollocks the positivity chart is broken.must get it repaired asap
|
|
|
I also accept bch however all bch are converted to btc instantly
|
|
|
Rip bitcoin
And I thought my posts were shit
|
|
|
|