<------Buying moar BCH
All the innovation is happening on BCH, Innovation = Value
BCH is far to undervalued & oversold.... This can only mean one thing.... BCH price will rise very soon and very quick.
I d agree and it was correct for the past. But we know that innovation needs some stable fundament underneath. The more a protocol gets blown up / featurized - the more potential for splitting it in any future. So I'll stay on the Singelton-Kindof protocol - the puristic one, given to us 10 y ago - THE EXTRACT OF THE GOOD AND WORKING This extract / minimalistic thing CANNOT be split any moar and must be the anti fragile part of Bitcoin. Things built on top of that should therefor be the stable future - all the rest is fragile ( we see proofs a lot in that forum here)
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I'm curious, does even the hardcore proponents of BCH are still holding this coin and believe something will come out of it after all this mess?
Yep. The people using digital cash daily in 10 years will know and care about the 2017 fork and 2018 hash war as much as iPhone users know and care about what Jobs and Woz were arguing about in 1982 , most will learn the bitcoin history from a future CSW Netflix bio mini series, i kid you not. My perspective is also 5 - 10y from now. So I bet on the minimalistic protocol - that will get scaled & adopted fastest.
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Will never happen. Is a pipe dream, just like everything that comes out of this 2-man bowel movement. Nobody wants SV. How come you guys just don't get that? Craig's whole philosophy to his approach was, "We'll shove SV down everybody's throats by sheer force." Nobody wants to deal with someone so egotistical, mean-spirited and unhinged from reality. It creates too much unpredictability which is bad for business. Show is over, SV lost and will never be "the real Bcash." there's nothing left to see. I'm retiring from commenting in this thread. ABC and SV both have centralized structure this kind of media war making bother us and they are losing their credibility. I don't think they will get succeed survive for long term sooner or later both will die. BTC is similar central around BlockstreamCore and Bitmain ABC is fully Amaury and Bitmain (just again a good dev Shammah left, as many before cause toxic central dev) SV is the only 'Bitmain- free' version and closest to the white paper and proactive on chain scaling version to make p2p electronic cash happen for the world ( yes, also gov ppl and instis are included in our world...). So how is it really central if anybody can start mining and using/ adopting it, esp because the protocol is pure Bitcoin and very easy for existing business to enable? Satoshi's future Vision is not central, including the world. But the start and initial path looks bit central though https://bitcointalk.org/index.php?topic=178336.msg48550872#msg48550872
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hash wars don't happen because of people paying attention to shitcoins like these two. hashwars happen when they pull the hashrate they own from bitcoin and put it elsewhere. and also it intensifies when they pump that shitcoin so that it creates incentive for miners to switch. you can't prevent them from pumping their altcoin, the whole altcoin market survives on pump and dumps anyways. it just happens that pump of bitcoin forks have additional damages.
The hashwar happend because there is now a strong player disrupting Bitmain. Why is that bad? The idea of SV is to keep the Bitcoin protocol on purpose and clean, open to onchain scaling as much as economics and tech is able to allow. Why is that bad? Only a minimalistic protocol (like smtp, or TCP IP) is really able to bootstrapping world wide and removes all sorts of middle men including protocol devs.
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Will never happen. Is a pipe dream, just like everything that comes out of this 2-man bowel movement. Nobody wants SV. How come you guys just don't get that? Craig's whole philosophy to his approach was, "We'll shove SV down everybody's throats by sheer force." Nobody wants to deal with someone so egotistical, mean-spirited and unhinged from reality. It creates too much unpredictability which is bad for business. Show is over, SV lost and will never be "the real Bcash." there's nothing left to see. I'm retiring from commenting in this thread. ABC and SV both have centralized structure this kind of media war making bother us and they are losing their credibility. I don't think they will get succeed survive for long term sooner or later both will die. BTC is similar central around BlockstreamCore and Bitmain ABC is fully Amaury and Bitmain (just again a good dev Shammah left, as many before cause toxic central dev) SV is the only 'Bitmain- free' version and closest to the white paper and proactive on chain scaling version to make p2p electronic cash happen for the world ( yes, also gov ppl and instis are included in our world...). So how is it really central if anybody can start mining and using/ adopting it, esp because the protocol is pure Bitcoin and very easy for existing business to enable? Satoshi's future Vision is not central, including the world. But the start and initial path looks bit central though
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Is that you rOach?
Since most of you don't have sufficient intelligence to branch predict the only possible way certain crypto systems can evolve, here is your trojan horse, permissioned ledger Lightning Network: Hm - u are correct this time. LN is nothing new. We know it from old banking / settlement / clearing / netting process. the only new and proven thing is pure on chain. Why kicking that ? -> Some devs want to be better than Satoshi and some miners / exchanges want a lot of different coins. This is so obvious it hurts me to post it. NOBODY IS KICKING LAYER ONE. WE ARE GIVING PEOPLE THE FREEDOM TO DO AS THEY PLEASE. THE BANKS ARE COMING WHETHER WE LIKE IT OR NOT. LET'S KEEP THEM AWAY FROM TRASHING UP LAYER ONE. Ahem... sorry... but I feel I am entitled from time to time. Also people can keep using layer one. The blocksize on layer one will increase over time. But this is the conservative approach, and is wiser. Ok, calling new tech and economical relevant injections like SW + LN + ... (even the 1MB invention was a new thing) conservative is beyond my understanding. So good luck with any future try to increase layer one by demand? Or what measure? And how? ... To really disrupt the world and show the full potential of Bitcoin and attract any sort of business with a stable unlimited protocol, that approach didn't age well . We ll see
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BOOM! Is the December figure an estimate or only for the first five days? What a poor scam. No onchain safety - sold with a nice Bitcoin label.... Hows your Bcash doing? Going the real Satoshi Vision - no max block size - no segshit , no LN, no ABC crap ... just sports *sigh* Layer 2 is really not optional. It's going to be where all the whizbang functionality lives. BCH SV will suffer from the same fate Ethereum is currently... that is if it even gets off the ground after the artificial support ends. Nope Eth issues are turing complete.
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Is that you rOach?
Since most of you don't have sufficient intelligence to branch predict the only possible way certain crypto systems can evolve, here is your trojan horse, permissioned ledger Lightning Network: Hm - u are correct this time. LN is nothing new. We know it from old banking / settlement / clearing / netting process. the only new and proven thing is pure on chain. Why kicking that ? -> Some devs want to be better than Satoshi and some miners / exchanges want a lot of different coins.
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From my point of view this suit launched by other scam coin SV but it is not my business even BCH ABC and SV are crap and totally centralized and now they realized this. The whole community mentioned this both are scam coins and under control of mind people. It s different - the Bitmain majority is still centralizing both - BTC and BABCoin - where the honest miners (lookup white paper) are on SV - wait until the cryptoverse folds / resets / matures. Honest mining is important and was Satoshi's Vision.
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SV drained itself trying to win the war with ABC and it lost. Some people still believe that Craig is Satoshi and that one day he'll prove it and the value of SV will increase. Some were hoping that SV will take over ABC and become the better BCH. SV is worth half of what people are paying for ABC so it can still have potential but both BCH versions are not worth the risk. I wouldn't buy them.
That's what I want to ask and I need to hear more widely, that some people believe that Craig is satoshi. Although not necessarily the truth now. Could the BCH holders benefit from all this? is there a connection? Thank you pixie85,, https://www.nasdaq.com/press-release/unitedcorp-launches-suit-against-bitmain-bitcoincom-roger-ver-kraken-bitcoin-exchange-and-others-20181206-00743This and more such stuff might incoming to folks not following the legal protocol definition - there is only one. No matter who has written up. But all trying to sell Bitcoin - and cannot deliver the real Bitcoin ( legally defined in the white paper) - are scamming ppl. Legally defined in white paper is peer to peer. Anyone can point me to the section where it says after X time change to 3rd party system. Bitcoin white paper https://www.bitcoin.com/bitcoin.pdfHere are Satoshi quotes, where is there any reference to a segregated witness, 3rd party (segwit). A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a truste third party. Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers.
We need a way for the payee to know that the previous owners did not sign any earlier transactions. For our purposes, the earliest transaction is the one that counts, so we don't care about later attempts to double-spend. The only way to confirm the absence of a transaction is to be aware of all transactions. In the mint based model, the mint was aware of all transactions and decided which arrived first. To accomplish this without a trusted party, transactions must be publicly announced, and we need a system for participants to agree on a single history of the order in which they were received. The payee needs proof that at the time of each transaction, the majority of nodes agreed it was the first received.
I would be surprised if 10 years from now we're not using electronic currency in some way, now that we know a way to do it that won't inevitably get dumbed down when the trusted third party gets cold feet.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless.
A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990's. I hope it's obvious it was only the centrally controlled nature of those systems that doomed them. I think this is the first time we're trying a decentralized, non-trust-based system. u got it - SW + LN or ABCoin is not Bitcoin.
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BOOM! Is the December figure an estimate or only for the first five days? What a poor scam. No onchain safety - sold with a nice Bitcoin label.... Hows your Bcash doing? His tears are recorded on the blockchain with Everytime he wipes his ass as well. EVERYTHING MUST BE ONCHAIN! Everything that deserves proper time stamping - yes- we can - afford. And why would micro transactions or small transactions deserve a permanent record on nodes across the world? cause it is cheap - and getting cheaper every day Price isn't what I mean, why would we want a 10 cent video tip recorded for the lifetime or the coin? Why is this something that shouldn't be seen in a settlement? Why would a client care if all is done by tech & providers just as smtp ? I'm not asking about any client caring I'm asking why we want to hoard tons of unnecessary transactions on a blockchain? We could put them as settlements that's and have nano fees just as lightning network has shown. It's not for recording things that require a true blockchain transaction, that's what paying a standard fee is for. What the fuck do you guys expect to do when the mining runs out on your dreamcoin? Have a network that mines off stupid low fee and have nodes store petabytes of data for fun? getting all payed by masses and their micro fees - some high fees in between as well. do not see why that cannot run sustainable in the long run. Is that you rOach? ah - u give up - no I m not a gold bug and I do not bite religious ppl
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BOOM! Is the December figure an estimate or only for the first five days? What a poor scam. No onchain safety - sold with a nice Bitcoin label.... Hows your Bcash doing? His tears are recorded on the blockchain with Everytime he wipes his ass as well. EVERYTHING MUST BE ONCHAIN! Everything that deserves proper time stamping - yes- we can - afford. And why would micro transactions or small transactions deserve a permanent record on nodes across the world? cause it is cheap - and getting cheaper every day Price isn't what I mean, why would we want a 10 cent video tip recorded for the lifetime or the coin? Why is this something that shouldn't be seen in a settlement? Why would a client care if all is done by tech & providers just as smtp ? I'm not asking about any client caring I'm asking why we want to hoard tons of unnecessary transactions on a blockchain? We could put them as settlements that's and have nano fees just as lightning network has shown. It's not for recording things that require a true blockchain transaction, that's what paying a standard fee is for. What the fuck do you guys expect to do when the mining runs out on your dreamcoin? Have a network that mines off stupid low fee and have nodes store petabytes of data for fun? getting all payed by masses and their micro fees - some high fees in between as well. do not see why that cannot run sustainable in the long run.
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BOOM! Is the December figure an estimate or only for the first five days? What a poor scam. No onchain safety - sold with a nice Bitcoin label.... Hows your Bcash doing? His tears are recorded on the blockchain with Everytime he wipes his ass as well. EVERYTHING MUST BE ONCHAIN! Everything that deserves proper time stamping - yes- we can - afford. And why would micro transactions or small transactions deserve a permanent record on nodes across the world? cause it is cheap - and getting cheaper every day Price isn't what I mean, why would we want a 10 cent video tip recorded for the lifetime or the coin? Why is this something that shouldn't be seen in a settlement? Why would a client care if all is done by tech & providers just as smtp ?
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BOOM! Is the December figure an estimate or only for the first five days? What a poor scam. No onchain safety - sold with a nice Bitcoin label.... Hows your Bcash doing? His tears are recorded on the blockchain with Everytime he wipes his ass as well. EVERYTHING MUST BE ONCHAIN! Everything that deserves proper time stamping - yes- we can - afford. And why would micro transactions or small transactions deserve a permanent record on nodes across the world? cause it is cheap - and getting cheaper every day
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SV drained itself trying to win the war with ABC and it lost. Some people still believe that Craig is Satoshi and that one day he'll prove it and the value of SV will increase. Some were hoping that SV will take over ABC and become the better BCH. SV is worth half of what people are paying for ABC so it can still have potential but both BCH versions are not worth the risk. I wouldn't buy them.
That's what I want to ask and I need to hear more widely, that some people believe that Craig is satoshi. Although not necessarily the truth now. Could the BCH holders benefit from all this? is there a connection? Thank you pixie85,, https://www.nasdaq.com/press-release/unitedcorp-launches-suit-against-bitmain-bitcoincom-roger-ver-kraken-bitcoin-exchange-and-others-20181206-00743This and more such stuff might incoming to folks not following the legal protocol definition - there is only one. No matter who has written up. But all trying to sell Bitcoin - and cannot deliver the real Bitcoin (legally defined in the white paper) - are scamming ppl.
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BOOM! Is the December figure an estimate or only for the first five days? What a poor scam. No onchain safety - sold with a nice Bitcoin label.... Hows your Bcash doing? His tears are recorded on the blockchain with Everytime he wipes his ass as well. EVERYTHING MUST BE ONCHAIN! Everything that deserves proper time stamping - yes- we can - afford.
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BOOM! Is the December figure an estimate or only for the first five days? What a poor scam. No onchain safety - sold with a nice Bitcoin label.... Hows your Bcash doing? Going the real Satoshi Vision - no max block size - no segshit , no LN, no ABC crap ... just sports
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