I think this will the dumpers last gasp. BTC now 3.1X more profitable to mine than BCH.

https://fork.lol/

I agree. And if LN fails, then the naysayers might have a case. But right now they haven't even given LN a chance to prove itself.

And listen, most people don't understand what these asshole mega miners and whale traders really want. You think they want bigger blocks so they can lower fees for Average Joe's daily coffee buying benefit? Fuck all no.

What they want is not just faster on-chain transactions, but on-chain High Frequency Trading. They want high speed transactions on-chain, so they can high frequency wash trade and front run all the transactions worldwide. That's it. That's the real motivation behind it all. Mining datacenter hardware becomes the new HFT, Wall Street like platform. Plus they want complete, centralized control over the Bitcoin protocol and updates.

Ibian, there was never a time when Bitcoin users or even the Core developers, denied that more throughput or lower fees were needed.

BUT... it is completely disingenuous to bring up "more throughput needed" EVERY TIME that the network gets spammed by bad actors and create a massive backlog, but never bring it up when the network is operating normally and the mempool is nearly empty (which is like 95% of the entire year!).

Can we at least agree on that?

One shill kissing another shill's ass. How cute.
Can you two guys take your lovefest elsewhere, like the big blocker shill forum?

They're not really dumping, so much as shorting. They are doing both. Pretty obvious from the charts that they started pumping the BTC market back on 10/11, in anticipation of shorting it later when SW2x got cancelled.

It's obvious this whole thing was planned way back when. The idea is to shake the weak hands out (or into the BCH shitcoin) before the CME group opens futures trading on 11/14. Then more bullish market action next year with Bitcoin ETFs coming online.

Not really a clever ruse. It's pretty much EXACTLY the same program as the SegWit/Altcoin "Flippening" campaign back in March. Same exact MO, complete with the shills coming out in force. They've got nothing new, just the same old social engineering FUD attack repeated over and over. Funny thing is, though, they can't dump it without pumping it first.

Taking facts and trying to make a sarcastic joke out of them doesn't make you look clever, it just makes you look stupid.  

Don't bother ragnar0k. JBreher will just hand-wave those ramblings of their CEO madman away as unimportant and ignore you.

Oh look it's Peter "I'ma pretend to be an agnostic fence sitter even though I'm a big blocker shill" R. again.  

It wouldn't. He's a liar. Just like the whole BCH camp. They are all out to rape a small subset of believers who they can successfully gaslight into thinking that those principles/attributes don't matter any more. It's become like Jim Jones level cult brainwashing shit.

And he talks about the transaction backlog @ 140K right now, but disingenuously omits mentioning who was the fkn cause of all that spamming these past 24hrs. More bullshit.

On a related note:
Growing up and for decades afterward, you'll hear the establishment, educators, financial advisors, banksters, family, friends, and colleagues all tell you that you should completely diversify all of your investments in your portfolio. Because they're all worried that you'll lose it all on a big risk. They want to protect you. Companies will even create these nice, safe 401ks full of safe return investments that won't lose much in a correction or crash.

And you could lose it all on a big risk investment. Or you may just get rich. Like the rich elites do every year, making big risky investments and winning, getting richer every year.

But you know why they push so hard the "diversify your portfolio to be safe" narrative to Average Joe? It has nothing to do with your protection. It has to do with this one thing: they know that if tens of millions of Average Joe working folk were allowed to suddenly get rich by making big risky bets and be able to retire early, the whole ponzi scheme of keeping every one of those Average Joes on the hamster wheel until they are 65 comes crashing down. They desperately need the income taxation each Average Joe produces for decades, and the only way to guarantee that is to keep every single able bodied person working until they retire or die. Hence their constant dissuading of high risk for the "average person".

I know, right? That's like saying "If you own bitcoin and equal levels of all the shitcoins that currently exist then nothing has changed for you....you'll be just fine." 

We could only hope! People are literally begging Ver et. al. to dump all their BTC. Please universe, please make this happen. Let them be gone forever! And we will buy up all the cheap bitcoin, yay.

Oh it gets even more hilarious and telling:

"They’re going to be joining Bitcoin Cash for their reasons, or they’re not going to be joining at all. And their reasons aren’t going to be “decentralization”, “censorship resistance”, “non-aggression money”, or any other nice theoretical construct. Their three reasons for joining Bitcoin Cash, in 99.999% of cases, are going to be profit, profit, and more profit, in that order."  

At least he's upfront on what BCH has always been about from day 1. Not Satoshi's vision at all. Satoshi's white paper means fk all to them.

That entire pdf is the biggest load of crap I've ever seen. It sounds like it was written by a 3rd grader. And there's a lot of "We the Management will manage things better for you" garbage rhetoric. So centralized management will decide what's best for the lowly masses. Got it.

The other ultimate irony is that Roger Ver travels the world promoting BCH. But whenever he eats out (which judging by his Twitter stream is a lot), nowhere does any restaurant accept BCH so he has to pay in Bitcoin. LMAO. 

Notice how jbreher the troll doesn't acknowledge that Bitcoin Cash is the ULTIMATE in a 98%+ centralized mining operation, nor ever gives any evidence to the contrary. He doesn't even care that it's a problem. He just deflects, hand-waves, and tries to turn the argument back on the other person.   He's fkn done this for years, it's his MO.

Bitcoin is also:

"Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator."

The bolded parts are what any person with a half a brain can see are NOT reflective of BCH. Not reflective of BCH in control, in mining, nor in exchange volume. I wouldn't even call BCH a worldwide currency, because nowhere can you even buy it with fiat, or spend it on anything with any merchant.

Ya know, it gets tiresome to have the same argument over and over again with these nitwit trolls. For years now the same argument. They bring up high transaction fees as the issue, which BTC supporters acknowledge as needing to be solved. But then when BTC supporters bring up maintenance of mining decentralization as the ROOT issue, then the BXT/BU/BCH/2X supporters never acknowledge or agree, just ignore that point, hand-wave it off, and run away. End of discussion. Every. Single. Time.

That's why I know this has never been a debate about what's best for Bitcoin's longevity. It's been either about gaining control of, or about crushing Bitcoin.

No BCH is not Bitcoin. It is right at this moment a fledgling, shitty PayPal 2.0 (with no merchants) and that's all it will ever be.

I'm sure if you wash trade a few BCH back and forth on a single exchange and control all the entrances/exits, you could get it up to $10K. Lol. Or just execute completely fake trades. That would work too. 

... and yet not a single word about the critical maintenance of mining decentralization. The real issue at the core of the argument, dodged yet again. You shills seem to be real good at dodging and hand-waving.

Btw, a certain event will happen on the 14th. Major players taking big positions by shorting the market first.

Makes perfect sense if you think about it. All the insider shills are in on the game.