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Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
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I dont think it will ever happen, if it will be still there will be so many ways to get pass those taxes lol.
I wouldn't say that it won't ever happen, though it's going to be hard to enforce taxes on each transaction as of course everything is going to be in bitcoin and people aren't going to pay this as most people are going to be anonymous to the government unless of proper enforcement of the wallets/exchanges. Only way I could see this is if they classed BTC as a currency and forced the wallets to listen to them on taxing a certain percentage (IN USD or the currency) all the time. Tough to do, but if Bitcoin is enough of a threat to these people they'll sure as shit do it. |
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We could not even term it as a bubble.It has been pumped high by its supporters to reach such a price.It has lasted for just three days.
Well, it's still a bubble, just a small one with a ton of money in it. I really don't even know how Ver and friends were able to pull this off, this must've taken a lot of planning to try to pull off -- crazily enough it's going to be something that doesn't end up working out and they lose a ton of cash. But with Vers luck, what is going to happen is that he's going to make people interested in Bitcoin lose a ton of money in BCH and then they're never going to come back here -- so he's slowly killing this for himself, which I guess is what these guys want as they're trying to take over anyway. |
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Artificial pumps? Are you pertaining to bubble? As far as I know, there were no bubble occurred at all. The recent increase in Bitcoin Cash's price is due to some people jumping into it. That is not a bubble at all since there is a solid reason behind it. A bubble occur when there is no logical reason for the increase. In the case of Bitcoin's pump recently, it is because people are getting ready for the upcoming fork. They stacked some coins in their bag that caused increase in demand for Bitcoin. There is also a solid fact here, thus it was not a bubble at all.
This isn't what OP is saying, OP is saying is that the artificial pump of altcoins going to happen more due to the fact that people now see that this can happen, and can make a ton of people a lot of money. But yes, artificial pumps are going to continue to happen. As if there is money to be made, people are going to be involved in trying to make it happen. This is a real phenomenon in what happened with BCH, crazy to think of even what people can do. It will happen again. |
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This really isn't going to amount to something, as at a first glance I'm not even too keen on thinking that this article is even true as this is from one of those BS news sites. If something like this was true, and normal people trading on the US stock exchanges would have access to Bitcoin in this nature -- all of the major news companies would be covering it and it would be a major moment for the future of Bitcoin.
Crazily none of that is happening, so this isn't true.
Check your sources OP.
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Meh, that's something of the times that people couldn't see happenning at all. Kinda expected if you think about it, as any one of these altcoins right now could crazily pop up in price to 5k and no one would've known. At the time it was thought of as risky, a scam, etc.
Some people still think of this today, though it's much lower then it was at the time.
Also think about the chance of these
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Only attacks that I can see are already happening now, which included the legal attacks through regulation of Bitcoin by governments and such. The other sort of attack I can see is like the thing that is happening now, which is the attacks by BCH and Roger Ver and friends to try to takeover the network.
These attacks are really the only ones which can happen. Other ones are unlikely, the public just has to be taught about Bitcoin and the rest will die out.
But I do appreciate the lists.
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Bitcoin isn't going to be replaced but the big problem with the network is the fact that it can't handle this sort of spam, the spam by people that are trying to takeover the network - which included Roger Ver from BCH who is trying to convince people that he's the person that's going to save the network with his BS.
He's a fraud, leave him and let BCH die.
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they are trading inversely
gonna be like this until someone gets knocked off
Only time BCH is going to be knocked is if people stop looking for profits and start looking for their morals, which won't happen so I don't see BCH dying for sometime simply due to this. Sucks, but that's how it is in this world. Plus the miners are really fucking us up here, I'd think they can make some money here as there are less miners and such competing but I guess I don't know anyway. DIE BCH DIE! |
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Every miner who cares about their profits (which are most pools and invidiual miners) went over and switched to mining BCH as it's more profitable for them, so Bitcoin is left here without hashing power. We're also under attack with tons of spam TX's by the BCH people to make the network seem as if it's congested with real transcations when it's all bullshit.
This is going to happen until the people let BCH die, so that has to happen.
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To be honest, I think someone is really just attacking the network to prove a point that we really need an upgrade. It's either that or the network is indeed congested because of the sheer number of transactions per day. However, I don't think that is indeed the case, since sometimes the network just suddenly becomes empty, probably because the attacker's transactions has reached the point that it was all simultaneously dropped. Well, I hope to read an expert's opinion on the matter.
Well it's not to prove a point that we need an upgraded / repaired networks. It's fact that if a network is under this sort of stress, it doesn't matter what is built in, they're going to have issues with a ton of ongoing spam. They can't handle it and no network is going to be able to handle it. This is from one of the Bitcoin Forks (eyes on BCH here) in trying to convince the people who don't know much that they're the 'real bitcoin' which we all know they aren't. Don't give BCH and the rest of the shills the time of die, let them die and support THE REAL BITCOIN FOREVER! |
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The majority of the blockchain projects developed during last year was made by programmers sitting at their home with the hope of earning some free money by luring investors. I am sorry if I am rude, but that's true. Majority of the projects were developed with a short term goal of earning money without any profound future goals. Blockchain is not yet adopted by any notable corporation yet to see a major change in this percentage. That is the reason why I support strong regulation on ICO. A major percentage of ICOs are money making machine. We have seen a lot of ICO raising funds for some project didn't even see the light of birth. They just vanished with the fund.
We need stronger regulations and professional mindset for a blockchain project to survive and thrive. There are very few ICOs which is professional and has a long term goal with a proper business planning. Actually blockchain is still at a very nascent stage and people are still learning its proper implementation. The scenario will change for sure, but slowly.
This is always what is going to stand true, and it's going to be the only thing which is going to stop people from buying into these kind of things is if they get scammed a couple of times with a ton of shitty projects, sadly it's the only thing which teaches people - when you hit their wallets. You'd think people would have a enough common sense to see stuff like this happening, but people don't, they need to be hit with this. Hopefully more and more devs stop with this shit and more and more people get educated. |
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Gosh if you keep saying it, people are just going to lose more and more respect for you. Bitcoin Cash is never going to be the new Bitcoin as Bitcoin is Bitcoin, and Bitcoin Cash is Roger Vers shitty shill coin which he is trying to make a ton of money off.
If people stop buying it, we can kill Ver and his shills. Do it and we do a wonderful service for Bitcoin.
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Whatever is happening with BCash, it appears to be a coordinated effort. Its likely something Roger Ver and friends have been planning for a long time. The most likely explanation is BCash will follow in the footsteps of ethereum. There will be a big spike. Followed by dump. Roger Ver and friends will ride away with the lion's share of profits. Then BCash will sit idle and not move much as eth has for the last few months. Ethereum may have already showed the blueprint for where BCash's future lies.
Interesting. And, it seems like a very real possibility. However, thinking again about it, for ETH it might not be a bad time to slowly accumulate and then wait for the next pump. There are so many ERC-20 tokens out there, and more every day. It's going to keep ETH in demand. This isn't new with Roger Ver, he's been trying to make Bitcoin Cash the new Bitcoin for a long time now. Only now, but his and his teams efforts is he going to be able to somewhat get his way as people are already going on the crusade about how BCC is the new Bitcoin Which all of us know isn't true. I really want to know what kind of planning went into this to make this price increase, and the social media posts, something that is pretty hard to do with billions in marketcap - what BCC had. Can anyone explain? |
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Like i mean, this is something which is good but I don't think I could personally hold myself to doing something like this, as if the price was to get this low you'd pretty much be dying into a dead coin, as the price would be going from 7000ish to 3000ish?
More to you if you'd be doing it and I wish you all the best in making tons of money.
Goodluck!
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I've had to make this known to many people on this forum already, they think that just because the BCH price rose and the BTC price fell some so they're proclaiming that this is the REAL Bitcoin and that it's finally taking over.
Price will never determine who is better, neither will change in price.
Fuck off Bitcoin Cash kiddos.
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1. Yes completely possible, this is something that people think are even happening to this day even though it probably isn't the case, as they should have already taken control of the the network if they really had this.
2. No, the network would know as they're hyperactive as to this sort of stuff happening. Would probably trigger lots of indepent miners trying to fix all of this and remove you of the 50 percent that you'd be holding.
3. Yeah, not going to answer this one as it's insanely far fetched. Sorry!
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I'd just like to say here that I'd like to move up to Hero whenever a rank opens up in that tier, thanks!
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Like it really matters on what you're trying to do with the Bitcoin that you currently have, are you trying to make some quick money and risk some of it to make some more money? Then yes, this may be the move at the moment to try to make a couple bucks off the spike in BCC.
I don't see a reason for the spike, so it could be some of people just pushing this hype to make some good money.
But if you're up to risking it then I'd say go for it, matters how much risk you want to expose yourself too.
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I wouldn't even think this is something that can be debated in the least, even though the insane price increase that happened before I wouldn't even think people would ever come to this sort of conclusion. Bitcoin is the real Bitcoin, Bitcoin Cash is a fork of Bitcoin.
Price means nothing when it comes to who is the real Bitcoin.
It's simple, real simple.
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