Craig Wright the real faketoshi here with his view of how Bitcoin should be run https://twitter.com/StopAndDecrypt/status/965429695071301632"Users shouldn't run full nodes these should be run by banks and corporations" You must be crazy or mentally deranged if you support thus narrative bitcoin is to meant to free everyone from the current financial system controlled by the banks and governments |
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That video has already been pulled apart it's garbage and it's just full of lies but keep spreading it make you look all the more foolish |
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Its often cited that Bitcoin cash (BCH) has many competing development teams where Bitcoin (BTC) is centrally run by Bitcoin Core When in reality Bitcoin (BTC) has many more active implementations where Bitcoin cash (BCH) has next to nothing with just ABC running the show  XT Is all but dead with the last node hanging in there  Unlimited is slowly disappearing too  And even ABC node are on a decline  And last a look at bitcoin core nodes (The real bitcoin)  |
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^lols...try it...  imo...I think we could see alot of red around here...40%-60% drop is possible. The numbers are already calculated on CMC just need to work out the percentages BTC Market Cap is at 36$ Daily Volume is at 38% ETH Market Cap is at 18% Daily Volume is at 11% XRP Market Cap is at 9% Daily Volume is at 5% BCH Market Cap is at 5% Daily Volume is at 3% LTC Market Cap is at 2.5% Daily Volume is at 4.3% Using these numbers BTC is running at 105% of its Market Cap ETH is running at 61% of its Market Cap XRP is running at 55.5% of its Market Cap BCH is running at 60% of its Market Cap LTC is running at 172% of its Market Cap Now as a example I will use U.Cash This has a market cap of $732,848,366 putting it at #37 but the amount being transacted is just $852,434 The Market Cap is 1.4% but trading is only 0.004% This means its running at 0.28% of its Market Cap This is why market cap is a useless metric Good work m8..another alternative analysis is always appreciated.  I also look at the cost to create the coin (mining hardware,elec etc) Then i think the miners at some point have to mine at a loss,near cost price or make small gains..not every coin can be mined at high profits forever. (unless the coins are hodled for yrs) I think currently its around $2000 to mine an old btc...so even it goes to $3k (which im sure it will) the miners still are doing well. Don't know how much it is I don't mine any SHA256 coins all my hardware is doing currently is Equihash (ZCL) on MiningPoolHub that is auto traded to Bitcoin although when the price of BCH gets down quite a bit and I feel a price pump is due I do sometimes set AutoExchange to BCH and then go back to BTC and sweep the BCH over for auto exchange |
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^lols...try it... imo...I think we could see alot of red around here...40%-60% drop is possible. The numbers are already calculated on CMC just need to work out the percentages BTC Market Cap is at 36$ Daily Volume is at 38% ETH Market Cap is at 18% Daily Volume is at 11% XRP Market Cap is at 9% Daily Volume is at 5% BCH Market Cap is at 5% Daily Volume is at 3% LTC Market Cap is at 2.5% Daily Volume is at 4.3% Using these numbers BTC is running at 105% of its Market Cap ETH is running at 61% of its Market Cap XRP is running at 55.5% of its Market Cap BCH is running at 60% of its Market Cap LTC is running at 172% of its Market Cap Now as a example I will use U.Cash This has a market cap of $732,848,366 putting it at #37 but the amount being transacted is just $852,434 The Market Cap is 1.4% but trading is only 0.004% This means its running at 0.28% of its Market Cap This is why market cap is a useless metric |
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Market Cap: $495,366,028,299.....tense Market cap means nothing when there are coins out that are largely in the hands of a few and low tier coins with massive coin supply and no liquidity It's like me launching a new coin and suppling 1 trillion but unlu distributing a few thousand and them gaining a value of $1 I would officially have a point with a $1trillion market cap ok ill edit for you m8 ,lol Market Cap: $0.....tense The metrics that are most relevant is circulating supply how much is actually being used now i give up with you on this m8 lol ok what is the overall market value in your opinion? No idea never worked it out |
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Market Cap: $495,366,028,299.....tense Market cap means nothing when there are coins out that are largely in the hands of a few and low tier coins with massive coin supply and no liquidity It's like me launching a new coin and suppling 1 trillion but unlu distributing a few thousand and them gaining a value of $1 I would officially have a point with a $1trillion market cap ok ill edit for you m8 ,lol Market Cap: $0.....tense The metrics that are most relevant is circulating supply how much is actually being used now |
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Market Cap: $495,366,028,299.....tense Market cap means nothing when there are coins out that are largely in the hands of a few and low tier coins with massive coin supply and no liquidity It's like me launching a new coin and suppling 1 trillion but unlu distributing a few thousand and them gaining a value of $1 I would officially have a point with a $1trillion market cap |
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cryptocurrency market recovery finally began to stall today, potentially bringing an end to the longest rally of 2018.
BCH price, however, continued to post double-digit percentage gains even as other coins began to trade sideways.
BCH price leaped by 12% for the day, reaching as high as 1,550 on Bitfinex before ebbing back to $1,478 at the time of writing.
BCH was the only top-tier coin to post a double-digit percentage advance — indeed, it was the only coin in the top 10 to rise by more than 2% — and it now boasts a market cap of $25.5 billion.
That is really impressive. Any particular reason for this? Hope it is not another pump and dump. Like every other price pump just before some event where Roger us attending give it a bit if time and it will dump again ready to pick up some more cheaper coins for the next pump When the tech just don't cut it and you have to resort to objectifying women in a PR stunt you know he's scraping the barrel  |
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BCH next upgrade / roadmap. - the only one that is highly troll-escorted.   The last one, the old opcode re-activating will enable BCH to do moar ETH like stuff.... Is it about smart contract feature coming to BCH? Sounds good. Plus one competitor for ETH and most dangerous one. There have been and I'm sure there is some cases when ETH network struggles during high volume transaction where BCH I think should have no problem. ETH does struggle and it is not a block limit issue its a networking issue. Unless you have a really high end server you cannot even sync a new ETH full node anymore is that what you want for BCH |
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BCH next upgrade / roadmap. - the only one that is highly troll-escorted. The last one, the old opcode re-activating will enable BCH to do moar ETH like stuff.... Can't see the point in increasing block size when you're only using the tiniest fraction of the current block size with the current average being 80Kb (~1% of the current limit) Also was you consulted on these changes and get a say or did the developer just decided by himself because so far you've just been trusting a central entity that is not Bitcoin |
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It won't happen but if BTC did change it's PoW then no the current value could not support all the hashing power there is just not enough value there you will possibly find miners refusing to mine really low value transactions antpool and f2pool was doing that a bit back on BTC f2pool even tweeted out that if you want them to mine your transaction then you need to pay a higher fee A similar thing will most likely happen the miners may refuse any transaction below something like 10sat/B You would probably find many miners quit and bitmain unable to sell new mining equipment |
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^
Nope - this is not the Segshit fanboy thread here..
That's censorship your against that since you are always criticize r/Bitcoin for deleting off topic this is supposed to be a free discussion coin However, although LN may be relevant since it can be used in BCH eventually, Segwit is totally off-topic here, right? Lightning cannot be used on BCH in its current form though because when you forked you removed a bugfix to a long standing bug that is required to be fixed for LN to function You're twisting the discussion all the time. The above was about relevancy of LN (and Segwit) in BCH and not if LN can't be used now because of something. BCH devs and community aren't against LN in BCH. -LN can be eventually used in BCH after fixing malleability -Segwit is irrelevant since it won't be implemented in BCH Segwit isn't the only solution for LN, since malleability can be solved without Segwit. Instead of just scraping the surface try to dig slightly deeper - see below for a start https://bitcoinclassic.com/devel/Malleability.htmlhttps://www.reddit.com/r/btc/comments/6ldjrd/transaction_malleability_solved_without_segwit/https://www.reddit.com/r/btc/comments/69s2wf/the_right_way_to_fix_transaction_malleability/This was all before BCH why wasn't this implemented before the launch when the fork was created then if it is so easy to do |
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Nope - this is not the Segshit fanboy thread here..
That's censorship your against that since you are always criticize r/Bitcoin for deleting off topic this is supposed to be a free discussion coin Funny - how did I 'delete' or 'censor' ? And no - yours devs and others have shown, that you do not need Segshit for LN. Keep it simple stupid By telling something is not welcome if you had the power to delete you would but you don't so you have to do the next best thing I never said you needed segwit for LN I said you need a bugfix because you removed the one segwit fixed the devs are welcome to try and fix this bug some other way if they wish and then yes LN will work without segwit but it's unlikely to happen. If BCH did decide it needed LN then they will probably just merge the segwit code again as its already proven |
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Nope - this is not the Segshit fanboy thread here..
That's censorship your against that since you are always criticize r/Bitcoin for deleting off topic this is supposed to be a free discussion coin However, although LN may be relevant since it can be used in BCH eventually, Segwit is totally off-topic here, right? Lightning cannot be used on BCH in its current form though because when you forked you removed a bugfix to a long standing bug that is required to be fixed for LN to function |
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Nope - this is not the Segshit fanboy thread here..
That's censorship your against that since you are always criticize r/Bitcoin for deleting off topic this is supposed to be a free discussion coin |
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Gentlemen - enough about PRICE, let's look at FUNDAMENTALS:
BTC doesn't work and LN can't work with a broken layer underneath it.
BTC development is a dead meme,
BTC is the target of Wall St. speculators, and has now lost its Tether price pump mechanism.
BTC has only first adopter momentum, which it loses more of each day (anyone look at the mempool or the market dominance chart lately?)
BCH works and adoption is growing more each day.
BCH development is steaming ahead.
BCH has 24x the capacity of dead BTC.
New investment will almost certainly go to the alt market looking for growth.
Watch the US Congress hearings today. Surely they will move the markets.
Really delusional. This guy seems to think he knows his stuff, must be really into crypto a while. Hmm lets see, account created February 17, 2016 - oh yeah - def been in the scene a ''looong'' time, wink wink He's just a Bcash shill just ignore him like the rest of us LN already has more open channels than Bcash does nodes and it's not even ready yet also LN node count is catching up fast and will probably over take the Bcash node count within the next couple of weeks There seems to be some narrative coming from them that LN needs some licence and expensive hardware from blockstream but something must be wrong with my LN node because it seems to be running just fine on the same standard computing hardware as my full node does and the licensing bit where I have to pay blockstream is missing  Also something is wrong with the fees too because I was told it would cost $100 to open a channel but when I opened a couple of channels on mine it didn't even cost me $1 so I'm just guessing it was a type and just was missing a decimal and should have said $1.00 I did buy some gear from the blockstream store though a week ago with no fees it wasn't as fast as I was expecting though as I was believed it to be instant but I swear I had to wait 250ms Well, there's no demand for BTC transactions currently - just look here https://blockchain.info/charts/n-transactions to see the number of TXs is down from almost 500k to 150k per day. That's significant drop just within 2 months between december and february. With BTC price down more than 50% from ATH, and low number of TXs your $1 for opening/closing LN channel is impressive, however, if the price and no. of TXs will go higher, your costs will surely rise to $20 (or more) again. That was for opening 2 channels I opened a small one yesterday cost me $0.06 but I was only sending $0.16 testing and all that so technically cost a lot this is also native segwit (bc1) https://blockchain.info/tx/e5b9a12eeba405d50d30c1f8d5541d02634754a0da73045ffdc04fb733e9d171 |
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You are aware that is a total BS article |
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^great info tek.wow....wrong thread though   Someone has to keep the thread alive because just like the coin nobody is using it coincidence ? zzzzzzzzzzzzzzzzzzzzzzzzz Back to the talking point...just because the thread is quite at times, does not mean you can start talking about alt projects. Esp on a thread that has nothing to do with SW/LN. Nah that's censorship remember isn't that what you cry when r/bitcoin removes off topic stuff you're suppose to be against that anyway Plus I keep hearing if LN it becomes popular you can also implement it too so think of it as early development chat for BCH  |
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^great info tek.wow....wrong thread though Someone has to keep the thread alive because just like the coin nobody is using it coincidence ? Even with the massive recent pump the amount of transactions and blocksize remained the same and it pretty much all came from a single exchange okex this is not suspicious at all lmao Also miner fees are dropping due to lower onchain transactions and without a block subsidy your precious miners would be earning a whopping $18 per block but don't worry they will just hard fork again to add more coin supply because that is now possible that they control the code Good luck with your dumpster fire if this is not going to work out the big players will just collude together and dump everything before leaving you lot holding the bags Have you ever wondered why so much of the crypto community get on with BTC even though they are all competing with each other but the majority hate on BCH except some of the biggest players and supporters Where was all the support for Roger ver on Infowars the other day I've not seen anyone here even mentioning that yet before or after is that because it was a embarrassing for the BCH community he ended up being cut short and ended as a laughing stock in case you missed it |
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