90% der Papnasen hier sind sowieso nur hier, weil sie aus dem Bitcoin, der eigentich dazu da ist das Bankensystem und das FIAT zu revolutionieren, noch mehr FIAT auf die Banken transferieren zu wollen.
"Mimimi ich hab heute nur 20% mehr Euro gemacht! Mimimi wieso steigt der Europreis vom Bitcoin nicht mehr?" Aber dann zwei Post weiter gegen das Bankensystem wettern. Genau mein Humor.
Wieso werden täglich weitere beschissene Coins auf den Markt gespült, die keiner brauch?
"Eigentlich ist der Bitcoin cool, aber ich ärgere mich, dass andere gerade so viel Geld machen und ich nicht. Deswegen mache ich meinen eigenen Bitcoin."
Wieso schreibt jede beschissene BTC-Zeitschrift, BTC Echo inkludiert, wie man mittels BTCs und Alts aus seinen Euros, die ja sowieso scheiße sind, noch mehr Euros macht?
Ich habe 2010 mit BTC angefangen, weil ich die Idee und die Technologie dahinter für gut befunden habe, aber was mittlerweise daraus geworden ist lässt mich doch stark zweifeln. Wie es jemand einige Post voher beschrieben hat, dauern Änderungen beim BTC lange, weil hier viele Menschen unter einen Hut gebracht werden müssen. Bei ETH wird auf Knopfdruck geforkt. Dass hier mit Tokens gespielt wird, die angeblich 10 Euro und mehr wert sind, obwohl wirklich gar nichts dahinter steht interessiert niemanden. Es geht nur um das beschissene Geld und eigentlich sind wir doch hier, weil FIAT Scheiße ist, oder?
So ist es. Ich hatte schon Fragen im Bekanntenkreis wie "Und wie bekomme ich den BTC jetzt auf mein Bankkonto?" ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Ähnlich dümmlich der Thread auf Reddit, den ich gestern wahrgenommen habe, dass WS Banker ihren ausgezahlten Bonus im Januar in Bitcoin anlegen wollen und man daher mit einem Kurssprung rechnen sollte. yuhuu. 1 BTC = 1 BTC. Bei Kunden der Falcon Privatbank, der Bitcoin Suisse oder der Swissquote ( hat Banklizenz) sollte das gehen.
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OK, Let's try it with cryptos, I will go first:
MY top Priorities (your can be different, but be honest please): 1. I can use it, merchants accept it and I can trade it on exchanges or with private parties 2. It's secure 3. It's safe from theft and govt meddling/inflation 4. Low fees
So far, BTC only fits 2 and 3 - 1 and 4 are gone due to Kore's retardedness/compromise
BCH fits all 4. Your turn.
No it was about the article that what you highlighted is bold was just a quote from it which is going to be biased due to the publication owner Like ive said many many times BTC is prioritising chain optimisation this will allow roughly the same amount of transactions to fit in the current block space that BCH can fit in a 8MB block after this is done then yes a block increase will follow if it's needed but right now after all optimisations there is adequate capacity just be patient it's not a race to the finish 99% of BCH code was created by BTC devs and most likely futurecode will be too don't try and cut off the hand that feeds you Come on teck, you're stalling. No more buzzwords and rhetoric. Just make your list of priorities - it will help you think this all through. You cannot fix stupid with that guy. He still would use next Windows Version despite MS (soft) forked it to e.g. store all his private data in a MS cloud to give him more local disc space (or something very similar but same stupid) , which would make a < 1% change of MS code.
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LN und Zentralisierung: It's gonna be economically, technically, ideally, name it why -> most efficient to have ONE ( or only very few big) central hub(s) : https://www.youtube.com/watch?v=3pd6xHjLbhs&feature=youtu.be&t=1h17m00sSo it's not hard to figure out, where open markets will tend to! AND it will be regulated as a payment processor in most countries. -> Not my bitcoin.
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Salute Bitpanda
Habt's ihr auch Probleme mit VISA bekommen analog BitPay ?
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I think that it will not be a centralized doom scenario like some people think.
Nods do not have to be very big. Most small buy coffee amounts don't need much of backup from supper nodes.
You still can choose to send using the main chain wich have by then lower fee as the load is gone
Right now we have massive mining farms and small home miners that work in harmony to a certain level
Instad of mining pools we should see super nodes that are funded by average john using some smart contracts
I think that development team have think about al this points.
It's gonna be economically, technically, ideally, name it why -> most efficient to have ONE central hub : https://www.youtube.com/watch?v=3pd6xHjLbhs&feature=youtu.be&t=1h17m00sSo it's not hard to figure out, where open markets will tend to! AND it will be regulated as a payment processor in most countries. -> Not my bitcoin.
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Thanks for your very clear last paragraph. There is nothing really to add, except that its a bit more challenging for hunters to keep up if momero et al is used for doing crime. But I m very sure that here (over a tracable internet) is always a way of tracing things - not so in fiat.
For LN I m not so sure since LN to work on big scale, it will centralize to few big lending + netting = clearing hubs. And so with lost censorship resistance fungibility is at risk again.
Its not hard to conclude I prefer bitcoin cash and there is more why.
You don’t need Monero or any special crypto variant to hide illegal transactions. Even bitcoin can be made to be secure enough for hiding transactions. All of these seedy developers attempting to make the perfect hidden private double super secret nerd money have always been a giant joke to me. The money isn’t what gets criminals caught. Al Capone wasn’t caught because he used dollars. He was caught and sentenced because he failed to pay taxes. Ross Ulbricht wasn’t caught because he used bitcoin. He got caught because he let his guard down and made stupid mistakes. In both of the above cases the criminal organization was infiltrated and the money was put into mainstream legal activities. In other words, Al Capone wasn’t caught because the government used a quantum computer to catch him selling a glass of gin and a hooker to Joe Blow. They caught him because he had too much money to launder effectively and never paid his taxes when he laundered the money. The government doesn’t try catch every citizen that buys a line of coke and piece of ass. They don’t want to jail that many people. They bust a few of them and offer a plea deal so they can find out who sold them the pussy and coke. Then they focus (sometimes thousands of LEO’s and millions of dollars) on locating the dealer. If it’s the USA chasing him, the criminal is bad enough and he’s overseas they make the foreign government help them (like BTCe) or they drone strike him. If he’s domestic, they infiltrate his organization wait for a mistake and pounce. In either case, the money he used (yen, yuan, dollars or crypto) is inconsequential to the case. There is no fungability between different cryptos. They are not all equally interchangeable. One BTC is not equal to one XMR or one BCH. Censorship of a single crypto is called blacklisting. That’s where you have one coin address that’s not equal to every other coin address. That keeps the coins from being equally interchangeable and destroys fungability. All currencies require fungability (complete interchangeability between denominations) to work as currencies. However, anonymity is not required for something to function as a currency. If you have a one ounce pure gold ingot stamped in Canada and one stamped in China they are completely interchangeable and fungible but they are not anonymous. You know where they came from and can track them. If you have two dollar bills with different serial numbers you can track where they have been and where they were manufactured but they are still fungible because they are each always worth one dollar. There’s a site called “WheresGeorge” that tracks dollar bills ( https://www.wheresgeorge.com) but all of those dollar bills are still worth a dollar and are fungible. BCH is just a bitcoin fork. People are going to side with one fork or the other at their own preference. If bitcoin forks too many times it will eventually dilute the value of every bitcoin variant so much it will make them all equally worthless. Be careful supporting forks that break away from core. Thx again and agian lots of truth I cannot say better. In terms of fork I see SW is the wrong fork for me and I saw a great bunch of miners on my side from the beginning when this central idea came up and finally was dicteded into bitcoin by a trick. And I also see it good to break up the last central point of good old bitcoin, which is that core. This finally makes bitcoin really disruptive and hopefully anti-fragil. One of the reasons I m still here. Now see what (businesses) else are just breaking away from core, all those why I m here as well from very early, far earlier than my account date show. Guess, it cannot be stopped, this very trendy break away.
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I’m not sure this old thread is even a relevant discussion any longer. Oh sure, you could probably still discuss the fact that core devs are rude little nerd pussies with a god complex but that’s hardly a productive discussion.
Lightning is just about to take off and fix the rest.
Of course value and price are not the same thing. If you ever run across anyone again that thinks they are equal explain it this way. You are stuck in middle of the Sahara desert without water. A helicopter landed offering to sell you water for $10,000 a gallon but could not take you with them. You would buy the water with every dime in your bank account because the water has enormous value to you. Does that mean the new price of water globally is $10,000 a gallon? No.
You need schnorr with valueshuffle and LN for bitcoin to really take off. LN alone wont do.. bulletproofs may help Sure, if you assume huge transactions requiring multisig for drug dealers and illegal arms salesmen will be the only people using bitcoin. The rest of us don’t need that for LN to work. You havent analyzed who uses bitcoin. Do first look at which form of txs are generally used and then reread my post. Valueshuffle and bulletproofs are needed for fungability. I don’t know how to respond to this because it doesn’t make any sense. Lightning simply allows strangers who have never met to transact without ever making a transaction on the bitcoin ledger. No two different transactions between private parties is ever fungible regardless of whether you are using dollars or bitcoin. If Bob gives Alice $5 in one private transaction that transaction is not interchangeable with Ted giving Mary $75. Fungibility is not an issue with LN because bitcoin will still be fungible. Valueshuffle is just another method of mixing coins like Maxwell’s CoinJoin. I don’t buy a lot of heroin or assault rifles and I would kind of like to keep an eye on those that do, so that makes CoinJoin unnecessary for me. If you want something truly anonymous why don’t you just use dollars? Most txs are multisig if you have looked at the historical analysis. Schnorr will reduce those to size of p2pk. Bulletproofs combined with valueshuffle provides MPC to essentially negate any bandwidth costs of privacy by aggregating proofs into single one like schnorr does. Bitcoin is not fully fungible due to coins being public and thus my statement that its needed. Actually mimblewimble is cool cause poelstra showed you only need bandwidth to download of utxo set to sync however using bulletproofs the utxo would shrink more than 10x and the bandwidth req for new sync becomes the number of tx with utxos which is pretty much mobile accessible connectivity to network. So you see it has nothing to do with using it for darknet. I’m sorry to say, you have completely lost me again. I was talking about LN fixing the transaction volume, fee and speed issues. Gavin mentioned implementing Schnorr signatures years ago as a part of his wish list (slightly smaller for all transactions, possibly better security, bla bla). That was part of Adam Back’s roadmap for bitcoin. It’s still unnecessary for implementing LN which is what I was talking about. That would be a bitcoin change not an LN change anyway and could still be implemented after the LN rollout. Bitcoin is not fungible because coins are public? I don’t even know what that means. Fungability literally means mutually interchangeable. Dollars are fungible and they are public currency worldwide. Bitcoins will remain interchangeable after LN. The only way I can see you being able to change the fungability of bitcoin is with blacklisting or some other such nonsense. All the rest is related mostly to privacy and, as I’ve already stated, that is unimportant to me. Dollars have perfect privacy. You can buy all the hookers, coke and rifles you will ever need with dollars and never get caught from tracking the purchase. Where people are caught using currency is by depositing too much of it in a bank (drug/arms dealers) or exchanging too much into another currency (like cash real estate buys, exchanging dollars for another fiat, failure to pay taxes and justify income, etc.). I got bad news for you, you will also get caught with even the most private crypto if you do any of those things. So, in the end, it just doesn’t matter how private the transaction is, you can’t use the money unless your transaction is legal. Thanks for your very clear last paragraph. There is nothing really to add, except that its a bit more challenging for hunters to keep up if momero et al is used for doing crime. But I m very sure that here (over a tracable internet) is always a way of tracing things - not so in fiat. For LN I m not so sure since LN to work on big scale, it will centralize to few big lending + netting = clearing hubs. And so with lost censorship resistance fungibility is at risk again. Its not hard to conclude I prefer bitcoin cash and there is more why.
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A point of clarification: “Chief Scientist for Bitcoin Unlimited” is an unpaid role?
Bitcoin Unlimited actually has no paid staff (although this may soon change). Many of our developers are paid for their work, but they are paid by other bitcoin advocacy groups and not by BU. I've received offers from other groups to pay me for what I do, but I've always declined. Bitcoin has rewarded me financially more than I could have ever hoped. I want now to help Bitcoin continue to grow so that more people can benefit from Bitcoin. I wanna thank you for this a lot. To me BU and other dev teams should be run / funded like wikipedia or wikileaks or is there anything against ?
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All I can see on this thread is several hundred pages made up mainly of name calling. Why aren't you people coming up with wonderful innovations and sponsoring NASCAR?
Thx for input, it is gentleman. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Given the history and the color of this forum most creative power moved over to reddit, twitter and other platforms. Its not even possible to keep it clean from trollish cross coin selling (see dump icebergs) and childish trash posts. FYI https://www.express.co.uk/finance/city/900682/Bitcoin-rise-ripple-Ethereum-Cash-big-bang
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I have used my bitcoin cash first time to pay for a service and the transaction was very smooth, took only a few seconds and few cents to transfer, great solution to btc problems, keep it up!
Where can I use BCH to pay? I know too little about this related project https://acceptbitcoin.cash/
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Im expecting this bull run on XRP will not end before it hits $5
I thought this was the price discussion topic for bitcoin not a discussion thread for the price action of cripple. But now we're at it anyway. I hope if it does hit $5 it will be dunked to the outskirts of the sub top 100 on cmc. We still need a good meme for a legendary pump 'n dump. ha, it is way more likely to be number 1 then under 100 (ripple has always been near the top also). I wish this wasn't happening, and by all logic there should of been a dump by now. But, its not happening. I don't think this is like 2013 where the alts were literally just pump and dumps, the coins now are too mature and with ever increasing innovation. It will be very hard for BTC to maintain its dominance. I think what we are seeing at the moment, is that BTC is now just becoming another coin, it may not lose it's top place this time, but it will happen eventually. Nah what we see here is banks trying to take over the space. I don't think ripple will go away anytime soon, these guys are not Roger Ver... Can pump XRP for a lot longer I bought some XRPs with my play money, but I'll probably hodl my BTC stash till 0 - unfortunately they figured out that people greed is the best tool to beat BTC Edit so I don't look like a bear: I think there is still a good chance we get out of the top resistance and push up, same greed/fomo that has driven the alts surge might move BTC high This is just another attack on bitcoin. And this will certainly not be the last that bitcoin will have to overcome. Bcash already failed in impersonating the bitcoin brand however Ver is still trying on Twitter. Now ripple is giving bitcoin a run for its money. And if the institutional banks are really behind this all and this turns out to be a coordinated attack, than I have to give props to them because using the greed of these crypto virgins is brilliant. It's all fun and games when they're in the green but if things go red... Open Source Bitcoin is the attack itself. So no wonder that central dev teams are 'attacked'. It's the nature of Bitcoin and you need to watch this from a higher viewpoint.
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Der exorbitant hohe Ressourcenfraß wird den BTC in naher Zukunft in die Bredouille bringen. Diesen Aspekt haben leider die Wenigsten auf dem Schirm.
Interessant wird es, wenn Regierungen anfangen, da zu regulieren zu versuchen. Venezuela hat es ja im Hauruck-Verfahren schon probiert, in bestimmten Fällen Mining als "ungenehmigten Energiediebstahl" oder so ählich zu verbieten. Mit dem Glühbirnenverbot gibt es ja ein relativ junges Vorbild, z.B. könnten ASICS, die sich für nichts anderes als zum Mining eignen, durchaus in vielen Ländern verboten werden. Gut, in Europa mint eh kaum jemand, aber irgendwann könnte auch China auf solche Ideen kommen (siehe Elektroauto-Quote). Entweder zentralisiert sich dann Mining extrem in den Ländern, in denen noch kein Verbot herrscht, oder die Hashrate von Bitcoin wird deutlich abnehmen und eventuell instabil und unsicher werden. Allerdings bleibt ja Bitcoin noch der Wandel zurück zu einem CPU-Algorithmus, oder vielleicht sogar zu "proof of space". (Proof of Stake glaube ich bei Bitcoin eher weniger, da würden zu viele ihre Religion verlieren). Ich wohne nahe Frankreich, wo fast jeder ne Atomstrom-Elektroheizung hat. Ich würde einfach den Miner als E-Ofen umdeklarieren ...
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Segwit is running properly, its just a number of the big generators of TX's refuse to upgrade. - why? LN has monetization built in, you can collect a small fee for relaying, it effectively allows you to put your BTC to work.
Interesting. I can see pool operators not wanting to upgrade, they get fees. However exchanges should have updated now to provide lowest cost transactions. Hm. 154000 transactions unconfirmed, this is still a problem.... Coinbase, Bitpay are the biggest generators of transactions and both have given weak reasons why they haven't upgraded. Perhaps the failure 2X has weighed on that decision - sour grapes. The numbers of unconfirmed transactions is only a problem if you want to do small transactions. A task that will be performed by the LN network in the future, patience is needed, really what is the pressing rush to buy your coffee with Bitcoin, it can wait a few more years/months to ensure we get it right. The internet will give just: no time Sorry myspace
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Bitcoin whitepaper : A Peer-to-Peer Electronic Cash System https://bitcoin.org/bitcoin.pdfTHE CAKE IS REAL ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) A SPECIAL SURPRISE PRESENT TO GO ALONG WITH THE CAKE https://news.bitcoin.com/gavin-andresen-drops-a-new-concept-on-github-for-bitcoin-cash/ The Developer Who Was Given the BTC Codebase Permissions from Satoshi Offers an Idea for BCH Network Gavin Andresen Drops A New Concept On Github for Bitcoin CashGavin Andresen has been lurking around Github for the past twenty-seven days, and on the second day of the new year, the developer contributed an idea for the BCH network. The concept Andresen called “Half-baked thoughts exploring a different way of implementing a fully-validating BCH node,” is an idea on shifting the storage of full transaction data to wallets. The developer explains the concept is to let every node in the new network store a bit-vector for every block which can be highly compressible even for gigabyte-sized blocks. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.desiglitters.com%2Fwp-content%2Fuploads%2F2017%2F04%2FLets-Party-Image.gif&t=663&c=aw1pgdYwODZBzg) The bitcoin cash community seems elated that Andresen has contributed a new idea for the BCH network. On enthusiast on the /r/btc Reddit forum writes, “ this is the first official confirmation that Gavin is building for BCH, unless I’m mistaken.” Many BCH supporters recollected the Tweet Andresen published this past November stating; Bitcoin Cash is what I started working on in 2010: a store of value AND means of exchange![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.desiglitters.com%2Fwp-content%2Fuploads%2F2017%2F04%2FLets-Party-Image.gif&t=663&c=aw1pgdYwODZBzg) Proof: Dev bases decentralized ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Na dann erklaeren mir doch mal, wie der Preis eines Produktes an der Boerse bestimmt wird.
Angebot/Nachfrage... letzter durchgeführter Trade... MCap ist dann dieser Preis mulzipliziert mit allen verfügbaren Einheiten. (Ob da nun treuhänderisch verwaltete und noch nicht frei verfügbare Einheiten dazu gehören oder nicht darf jeder selbst entscheiden... ist auch wurscht... der Markt hat immer recht ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Das Produkt muss entsprechend mit einem anderen Produkt wie eben FIAT abgedeckt sein. Da die 60 Milliarden XRP nie gehandelt wurden, sind sie fuer die Preisbildung (noch) nicht relevant. Jeder Trader weiß von der Existenz der gelockten Coins und kann diese Tatsache in seine Valuation einbeziehen. ...und ganz genau weil ich das tue, werde ich diesen Coin nichtmal mit der Zange anfassen ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Habe auch grosse Bedenken, dass Ripple der nächste OneCoin Fall ( zentral!) wird und evtl. den gesamten Cryptomarkt vorläufig 'zerstören' kann.
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Tabwizard! Result: BTC gets rippled down, etherized and cashed out - all within a magic lightening ... Tab Tab Tadaaa Happy new year!
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