The real question is, the minimum fee we can pay is 1 sat, there is nothing less than 1 sat, right? No one answered this question. This question was answered few years ago when Lightning Network was proposed. If 1 sat is too expensive for you just cooperate with others to pay 1 sat when LN channel is opened and closed. |
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LOL This guy is mad because of what? Bitfinex is doing with their tethers exactly the same what Fed is doing with their Fed Reserve notes. Both are backed by thin air... |
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in regards to transfer of funds and payments, as ether is fast and cheap, Many people are switching from ETHf to ETHc because transfer of funds is cheaper and faster. Sorry please what is ETHf and ETHc, kinda confused  ETHf is ETH foundation/fork. ETHc is ETH classic. |
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There is life in the world outside of the EU
This might be some sick joke. Can't believe it. It is not possible! |
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Indeed. Hopefully there will be a less anti Western / pro China / pro North Korea leader in charge soon..
Really? You mean Zims will be better if colonial status is reestablished in this country? |
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in regards to transfer of funds and payments, as ether is fast and cheap, Many people are switching from ETHf to ETHc because transfer of funds is cheaper and faster. |
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BCH would have been better if it forked with it's own address format, it's own PoW, ... but no, they didn't.
Reason is simple. The purpose of the fork is not to make a better bitcoin. The purpose is to cripple bitcoin. Why would we want to cripple the thing that made us serious coin? Back when I first wired funds to mtgox it took days... And a 35$ wire transfer fee ! That's what Bitcoin has become... Bitcoin is NOT what it was...The truth is Bitcoin can't handle the volume of mass adoption and other alt coins have filled the gap! Truth hurts! Fast transactions with low fees is what ppl want. It's not personal it's just business  Not all is mathematics... It's the economy, stupid! People want free money as well.But once free what you use as money won't be money anymore. Anyway, you have your altcash shitcoin to play with and learn economics from your own mistakes. Good luck with the free money! |
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SELL TIME, 1/2 price bitcoin coming soon.
Note taken. Buy orders placed. Additional fiat prepared. Cheers. I was salivating at the prospect of cheap bitcoins. What went wrong, godsfather? |
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SELL TIME, 1/2 price bitcoin coming soon.
Note taken. Buy orders placed. Additional fiat prepared. Cheers. |
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BCH would have been better if it forked with it's own address format, it's own PoW, ... but no, they didn't.
Reason is simple. The purpose of the fork is not to make a better bitcoin. The purpose is to cripple bitcoin. |
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Big blocktard shills are very active. Panic ensues from money burnt and target not achieved. People continue to collect their altcash free airdrop.
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....bitcoin is getting dumped guys, run while you can....ITS GOING UNDER $5K VERY SOON
LOL... Pumpy... I thought you lost all your money playing ETHf pump and dump ICO shit fest. |
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A non-mining node by itself has no influence.
I agree. This is exactly what altcash non-mining nodes are. But I don't think there many of them anyway. Why would you run altcash non-ming node? It is waste of money. |
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Just for the lulz, this is what a friend just received after sending his documents for verification to Bitstamp: Dear XXXXXXXXXXXXXX,
thank you for submitting your verification request.
During the review of your verification request, we have identified you as a potential politically exposed person (PEP).
Due to our internal compliance policies we kindly ask you to provide additional information about yourself by answering the following KYC questionnaire:
1. Do you/did you hold a position of Councillor, XXXXXXXXXXXXX?
[snip]
Things are getting weirder every day in Bitcoinland.... Not new. Politicians are not allowed to buy bitcoins. They should keep the status quo. Thats why they were elected to be elected! 'If voting made any difference they wouldn't let us do it.' ... Mark Twain |
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There are a lot of deluded people in this thread repeating the same mantra. There will be a lot of tears.
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The boss of shill called Peter_R must be very unhappy. This guy is not fit for the job. Next time someone else must be hired. Peter_R keeps repeating that bitcoin users should do nothing and let the whales decide, He doesn't understand why people get into bitcoin in the first place. With bitcoin YOU decide your own future! YOU don't let banking or corporate whales decide what your money should be!
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Good point! The problem I see here is that they are fueled by BTC 'leaks', so we can possibly pay their miners indefinitely with enough weak hands on our side
Nobody in their right mind will invest in altcash shitcoin that is forked every other day. People that buy it are speculators trying to play pump and dumps. They'll be the first to abandon the sinking ship at the first sign that Ver and Wu run out of bitcoins. Slower bitcoin blocks = less bitcoins to sell. Everything is self-regulating and the final outcome will be altcash fiasco. |
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So... Time to mine a block is spiking again... Did core or anybody come with a solution or this time we are iced for good? Anybody knows? Solution for what? My understanding is that they reduced the difficulty again forking today on BCH and probably they will keep doing it... So profitability for BTC will remain down indefinitely, leading us back to >24h for a transaction - but this time we have no real hope for the situation to improve https://www.bitcoinabc.org/novemberor did I miss something? They might fork their altcash everyday to reduce the difficulty. That doesn't matter. Only thing that matters is how many bitcoins do they have to sell and pay miners that mine altcash. The higher is altcash price the faster they bleed bitcoins. Just sit back and relax and watch how they commit suicide. |
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So... Time to mine a block is spiking again... Did core or anybody come with a solution or this time we are iced for good? Anybody knows? Solution for what? |
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Bcash cost of production (difficulty) is now being slashed by 20% per block for the next 6 blocks. Expect miners to follow cost of production slavishly. Forking guys have no idea what they have unleashed ... it will become apparent soon now.
Yes, the existence of BCH will destabilize BCT mining. Everyone knows that at equilibrium, if BCH has 1/10th the value of BTC, that the hash power mining BCH will be 1/10th that mining BTC. What is less obvious what happens when the system is not in equilibrium. Imagine that the market reprices BCH 100% higher and BTC 10% lower. What is the expected distribution of hash power now assuming short-term profit-maximizing miners? The answer is "most of it will be mining BCH." Because the difficulty adjusts only very slowly (every 2016 blocks) BCH becomes twice as profitable to mine as BTC. Hash-per-hash miners would earn double by mining BCH. This continues until the difficulty reset comes when BCH would go "limit up" (4X), when most miners would leave BCH back for BTC. BCH's difficulty would slowly ratchet back down due to its fast difficulty adjustment and the process would later repeat. What this suggest is that at times when BCH is more profitable to mine and the hash rate migrates to BCH, the average block time for BTC will increase significantly and BTC's already slow and expensive transactions will become much more so. What do you know, Marcus, it worked. It will work until there is someone willing to spend their BTC and pay miners to mine BCH. When they run out of BTC that's the end of the road for the BCH circus. |
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