But, of course, that doesn't suit your goals, so you have to keep telling people how terrible Lightning is, because if you can scare them into not using it, they'll never be able to form their own opinion. How convenient. my points is not that LN should not be used. but that its not: bitcoins solution to scaling a bitcoin feature going to met peoples expectations promoted honestly trying to keep bitcoins scaling limited, just to push people into LN is bad. bitcoins network needs to scale whether LN becoms a thing or not. so having silly people like yourself promoting that bitcoin shouldnt scale because LN solves all the issues is your failing The ship has sailed. The scaling needs to be done on EVERY part that Bitcoin uses, and most will finally get it, that this is possible industrial style - multi industrial, not only Blockstream... Also legal factors will be a thing to be considered properly so honest mining is crucial imo.
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Now sv are posting here before it was core spreading shit. How do you explain it?
Being forks of each other, ABC and SV share a common heritage. As such, this thread is as applicable to SV as it is to ABC. Paths are different, tickers are different. And there is BCH and BSV from 15 Nov and on. Just get over it sv forked off from BCH. Nope. U can do better research. But now we are where it is. Is that false what I've said? Anyway check this out cool thing coming to BCH don't confuse with sv. https://www.cashaccount.info/ https://twitter.com/ari_cryptonized/status/1080454843658055681?s=21Honest miner did apply to Nakamoto consensus ABC did not. But cheated and grabbed the ticker. Hm.. sounds like blockstream did before?
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Crypto bigger than the internet? I don't think so.
Gold has had thousands of years worth of history that allowed people to get used to it and gain adoption and the believe that this is the ultimate store of value and safe haven in time of economical difficulties.
Bitcoin's first decade brought minor actual fundamental growth. 90% is still about speculation and there isn't much indicating that things will significantly change for the better in the next decade.
The same basically applies to all other crypto currencies. There is too much available of the same and there is no one aside from gamblers on Ethereum and EOS that actually use it in a serious manner.
Stablecoins do what they are created for. This is the only case 'crypto' has shown its usefulness.
U have to learn using it... find out about keyport.tv or MoneyButton. That will build new internet.
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also you sound too invested to be trading that I am grossly overinvested on the long side. I like Frankfurt but working with Germans is a pain in the ass. Always the small picture never the big picture. What are you on about? Is it herons again? I'm guessing herons. https://i.imgur.com/El01LfO.jpghttps://i.imgur.com/3O4FDBl.jpgSometimes both pictures are needed to see the scammer-heron before your very eyes. Frankfurt is not a thing. Please disregard all msm bletherings re same and think about hidden economies. UK will once again scam its way back to near relevance in short order. The Bank Of England And The Manipulation Of SterlingLooks like a scam to me. It's getting a penny stock, like all fiat.
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Lightning is NOT a separate network. All coins transfered within those payment channels ARE Bitcoins deposited in a 2-for-2 multisig address that have their transactions recorded locally,
im literally laughing now. all coins are bitcoin deposits... hilarious you do know LN can function without bitcoin.. respectfully please do some research properly outside the echo chamber of your buddy group I respect your patience. I ve already given up at the point where ppl believe a full node does not mine... Anyway the LN buddy group is very limited and behaves like a gold - cult. It cannot grow very big as u can show with baby maths. So let them play, they wont listen a sec.
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Now sv are posting here before it was core spreading shit. How do you explain it?
Being forks of each other, ABC and SV share a common heritage. As such, this thread is as applicable to SV as it is to ABC. Paths are different, tickers are different. And there is BCH and BSV from 15 Nov and on. Just get over it sv forked off from BCH. Nope. U can do better research. But now we are where it is.
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Happy new year, free net and economics https://youtu.be/DvX191cYin0From AIER Incl some nice comments about energy and Satoshi. Bitcoin is more than a pure speculation instrument.
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if the bitcoin community wants to dream that one day bitcoin will be used as a means of payments worldwide and that it is properly regulated then we must take tough measures:
- we need to be very serious and responsible, we have many exchanges that manipulate their volumes, we need sites like coinmarketcap to hire companies in order to verify whats exchange manipulate volume and put only exchanges that have their volumes that are not manipulated
- We should not buy any altcoin that is bitcoin hard fork and use the name Bitcoin XXX, only exist BITCOIN (BTC). we need to stop encouraging those kind of things. let's be honest here:
if one millionaire had 10 million dollars to invest in bitcoin and do research and find out that there is:
- Bitcoin diamond
- Bitcoin gold
- Bitcoin cash
- Bitcoin SV
- Bitcoin Private
- BitcoinZ
- BitcoinNote
- Bitcoin scrypt
will have more chances of millionaire to take their 10 million dollars and invest in the gold. why? because it is obvious that he will realize that the crypto world is full of childishness, lack of unity, has a fight for power and fame and his money would have a big chance of drop 90%. I am not a fan of gold, but I must say the obvious, currently the crypto market needs many changes to have credibility
I already saw altcoin with jesus coin name, I already heard altcoin with trump coin name, what the fuck are people thinking? Governments take gold seriously, I still have not seen something like: metal with name " Gold Diamond "; " Gold Private ". if have, then no one will waste time and money buying a fraud with " Gold Private " name. it is not possible for someone smart to create currency with the name of " Jesus Coin " or " Trump Coin " or " Bitcoin Gold "; " Bitcoin Cash "; " Bitcoin SV ". are things that destroy the credibility of the crypto market.
Lets be honest.... honest mining is defined by the white paper.. ONLY.
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I dont know the depth story about Ligthning network harming original bitcoin but I do know that lightning network is a solution to the scalability and high cost of crypto transaction and bitcoin not to be the only crypto to make use of it. The question is how would it hurt bitcoin cause the project was implemented to help crypto currency transactions. The imminent security for Bitcoin is based on a healthy proof of work economical based network built by honest miners ( defined by the original white paper). PoW is the new thing, that makes it all work and safe (10y proven), compared to hashcash or other earlier tries for a P2P electronic cash. LN will not incentify miners, since it steals txs. These txs also have not the same security and legal (registered payment processor) model than pure on chain txs. Extrem situation might be that no onchain settlement will be done, and LN is paypal... why doing / pushing it at all?
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Now sv are posting here before it was core spreading shit. How do you explain it?
Being forks of each other, ABC and SV share a common heritage. As such, this thread is as applicable to SV as it is to ABC. Bitcoin Cash. Pro on chain scaling - cheap fees. Yep. All on topic. The P2P Bitcoin as it was originally described in the white paper 10 years ago. (No max block size limit (hope soon), no SW, ...no other unnecessary 'features'. Sure eda needs to be removed at a time when things are safe)
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What choice do we have? The math has shown that Block size upgrades are surely not the solution for the scaling problems, when Bitcoin goes mainstream. The LN is surely a better off-chain second layer solution for all these micro transactions that are clogging the Blockchain. The on-chain solutions will be a good temporary solution, but once this goes mainstream, it will all fall apart. We saw this happening in 2017 and we were not even close to mainstream adoption then. Sure. This is due to the poor change and expectation management done in core that just does not fit to global fin tech standards and only loves the store of value / speculation feature left.
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BCH is a very bad experiment of the bunch of scammer but it will give more experience to all holders how bad this could in future. This is useless coin nobody want to use it even big companies are also hesitate to take any step towards this. ABC is the bad experiment, getting off the path of the white paper. Try to steal some eth icos .. scammy yes. So look into the protocol layers and decide what industry is allowed to do first. Too much 'features' (SW, LN, DSV, ctor, avalanche ...) , too much (cyber) risk potential-> never getting smtp-like acceptance worldwide for the only true purpose of being THE scalable electronic p2p Bitcoin cash. All other side shows, npcs, dramas don t care
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^
Yep. And full nodes honest mine and are incentivized by coinbase rewards and fees in future.
All other peripheral 'nodes' must follow, can do some recon jobs or relay some few new txs.
LN and other peripheral non bitcoin tech only weaken bitcoin s original economy.
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yeah, i lost my only chance to buy cheap bch at $92
Yup! BCH price was going up very fast, i missed the chance to buy at below $100 Of course, next week you may be looking back thinking 'I should have bought when it was below $300'. Don't be that guy. Aged badly? Admittedly. Though tomorrow is another day. Yep. And nothing really happened to mass adoption because bottom up s getting exhausted and split into thousands.
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