A network is only as useful, and hence valuable, as the number of people who can use it. The transaction rate is the limit on that. More volume means more people means more money means higher price.
the higher fees induced by the 1mb limitation restrain the number of potential users. If someone can't have way more than the minimum fees while would he join the network? Lets remove the fees and blocksize limits! Lets have free money for everyone! The number of potential users will be equal to Earth population. Why are bigblocktards so dumb? |
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Happy to report that bitcoin clone trading works on kraken, and that I have my first bit of cash.
Do they give customers BCH addresses so that people can transfer their free cash and sell it there? Didn't check before I got das boot, but would assume so. They do for everything else. My question is what to use to split my clone coins from my wallets, only had a fraction of my coins parked there. Depends on what wallet do you use? Electrum. Extreme caution is needed. There is a lot of scam out there. https://bitcointalk.org/index.php?topic=2053806.0Might be relevant to transfer all your bitcoins to new address, install ABC client, and then swipe the privkeys of old and empty addresses into it. How to redeem my BCC?
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BCC wallets will require you to import your seed or your private keys,
which can be exported from Electrum. Doing so will expose all your
Bitcoin funds associated with that seed to the BCC wallet you decide
to use.
Therefore, *after* the BCC fork, but *before* you enter a seed or
private key in a BCC wallet, you should move all your funds to a new
Electrum wallet, with a new seed. You will still be able to use the
old seed or private key with BCC, because BCC has replay
protection. Wait until your funds are confirmed in your new Bitcoin
wallet, before you enter the old private key in a BCC wallet. This
will protect your BTC funds from rogue/untrusted software.
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Happy to report that bitcoin clone trading works on kraken, and that I have my first bit of cash.
Do they give customers BCH addresses so that people can transfer their free cash and sell it there? Didn't check before I got das boot, but would assume so. They do for everything else. My question is what to use to split my clone coins from my wallets, only had a fraction of my coins parked there. Depends on what wallet do you use? |
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Guys, i made 4 bitcoin, just by lending the hell out of it, at 5 percent. And i have no idea what bcc, bch is.
If you knew you could have made 10 percent. |
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Happy to report that bitcoin clone trading works on kraken, and that I have my first bit of cash.
Do they give customers BCH addresses so that people can transfer their free cash and sell it there? |
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I'm curious, how much % hash power BCH got from Bitcoin?
It doesn't matter. Actually, the higher this % is the sooner they'll get insolvent. I don't think banks will be enthusiastic to pump fiat into this bitcoin fork like they were pumping ether fork and ripple. |
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Good luck to those of you who didn't dump yet. That price might go allot higher yet
Can go higher against fiat. Against bitcoin can't. |
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Well the world has a new altcoin  In a way that Bitcoin holders got free money drops. Excellent! Bitcoin forks are very welcome! |
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OMG we have crashed horribly to $200 above where we were 3-4 days ago.
(come on volatile up this sons of Bitches- these Fork guys could learn a thing or two from the PBOC on how to Fud the market into a frenzy... fekin amatures)
Are we entertained?
not much, waked early for nothing... yet NO CHAIN SPLIT DETECTED. So boring... I suggest we help shitcoiners. We must make a lot txs so that give them chance to mine a block >1mb. Only that way they can split. Only that way we can use their shitnetwork to transfer their shitcoins and sell them on the exchanges if they still have some value. |
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I chose waiting tactics. Im reluctant to believe there will be fast free money drop on every bitcoin holder.
It just can't work like that. This is Bitcoin! In Bitcoin it works just like that! Since 2009 every bitcoin holder has free money drop. Ver and Wu are willing to advertise their ego upon us. And they are willing to pay. As far as they pay high enough they'll have part of my attention. |
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Wow, what is going on...
Increased volatility as promised. Market is very thin due to empty exchanges. Next 2 days there will be excellent conditions for making or losing money. |
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WTF is BIP148 Coin, Jihan is tweeting about it, and i'ts a pair on Viabtc.
Is it what comes into existence if >50% miners stops supporting BIP91, or Segwit fails to lock-in on Bip91?
After Bitcoin Cash Crash the name of the game is "saving face"! New ATH is coming in couple of days! |
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Poor Roger Ver... He doesn't understand bitcoin technicalities. He doesn't understand bitcoin economics. He was lucky until he decided he really is the Bitcoin Jesus. Now fool and his money will be parted.
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Obviously, Roger is using his own fanbase (/rbtc) to lure them in.
He doesn't have any fan base. All those are alt fans that don't have any bitcoins. They'll support any action that harms bitcoin, like BCC HF, hoping that will lead to their shitcoin price rise. |
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What miner in their right mind will mine BCC peanuts for 3 months?
there's a mountain of obsolete mining machines out there. i dunno what they're up to these days but they're looking for work. They're working on alts. Tomorrow they'll have yet another alt to work on. Yawn. |
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BCC futures down 18% today and this is assuming wu/ver are supporting the price. The die is cast imo
There isn't a chance that ver or wu will give you wealth in exchange for your bcc. Nobody is giving anyone wealth for bcc. Everyone will keep their bitcoin wealth. I have no doubt there is a strategy here, perhaps it's: They will have 3 months to bore everyone into giving away their BCC for peanuts, before the pump comes when 2x HF fails in November. What miner in their right mind will mine BCC peanuts for 3 months? |
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I thought we are all expecting a huge drop tomorrow? Why talk of ATH?? What am I missing?
You're missing Bitcoin C(r)ash tm |
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Yes. It is a well-known attribute of SegWit. It is a well-known stupidity of people claiming this. |
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Lots of holes on this article, it boils to down to keeping Bitcoin in a limited circle of people under the guise of "decentralization" ignoring advances in hardware and bandwidth. But 640kb ought to be sufficient for everybody right? list of bs points: Bitcoin As A Settlement System Scales Indefinitely
Bitcoin As Coffee Money Doesn’t Provide A Unique Service
Increasing Low Value Bitcoin Usage Doesn’t Necessarily Increase Its Value As Per Metcalfe’s Law
Bitcoin As A Coffee Money Doesn’t Scale
In a 5 years time a 1mb chain will be completely forgotten, after Bitpay accepts Bitcoin Cash its game over. Nobody cares about BitPay. In 5 years time BitPay will be forgotten. |
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Point is, i've been waiting for fiat to blow since people starting saying this on the internet about 15 years ago. It's coming.... It's coming....
It's really coming and it ain't be fun. US desperately need another WW. |
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