^im very sure, miners are selling the expensive btc and buying the cheap bch...while they can 0.12s are about to be a thing of the past Your really think the vulture miners where mining to hodl? F2pool even made it easy for them by paying them BTC for the BCH they mined. Yea thats what the image is supposed to look like to get the weak hands out...very smart imo Crypto is an advanced game of poker. Well, just don't hold on too tight with your strong hands. You may find yourself holding the bag. coins like $1eth, 1cent xrp and under $300 bitcoin cash...buying at bottom is how i roll bonester at some point they are extremley under valued...bitcoin cash is that right now, its to cheap and wont stay this cheap for long. i dont mind holding these coins, these are valuable assets and will all keep growing in value...i know this 100%
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^im very sure, miners are selling the expensive btc and buying the cheap bch...while they can 0.12s are about to be a thing of the past Your really think the vulture miners where mining to hodl? F2pool even made it easy for them by paying them BTC for the BCH they mined. Yea thats what the image is supposed to look like to get the weak hands out...very smart imo Crypto is an advanced game of poker.
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"Gold was once used for similar purposes. But IOUs (also known as bank notes) became much easier and cheaper tokens for paying instead of carting gold around. A very similar thing will definitely end up happening with BTC if it stays slow and expensive to use. The general public will end up never touching real bitcoins at all, instead they will go through financial intermediaries, with Bitcoin ultimately being detached from the financial system, just like how gold was detached from the modern financial system. We will again just be left with fiat tokens of some kind. This is why it is absolutely imperative that Bitcoin transactions be inexpensive and reliable. Bitcoin Cash is a particular upgrade to the Bitcoin system that tries to achieve this. The Bitcoin Core version is taking the opposite path and instead wants transactions to be expensive."
gd post for a newbie lol alot of truth, i agree. Problem with the IOUs was they gave all the power to a few groups that printed the iou, leading to all the debt and financial problems we have today. While enriching the controllers. This is what blockstream are trying to do, become to central bank for crypto. I wouldnt mind if blockstream set-up their own coin/project from the start and tried everything they want to, in that case gd luck to them. im against them for trying takeover bitcoin, the market and the ticker. As for the general public, yes in the past before internet, knowledge was limited and they trusted the financial intermediaries, and many still do. However many are learning everyday that we dont really need financial intermediaries the same way we used too, due to being in a digital age. People are now getting smarter when it comes to digital finance. Bitcoin cash is the best option for all if we want things to stay the way we want to , but better.
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^im very sure, miners are selling the expensive btc and buying the cheap bch...while they can 0.12s are about to be a thing of the past
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All 4 posts above me....bunch of NOOBS lol.. i could easily dismantle you guys with your stupid misleading fake info..but im not gonna bother Noobies trying to teach us
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and after reading this... https://blockstream.com/2014/10/23/why-we-are-co-founders-of-blockstream.htmlthis is what it seems to me blockstream are trying to say... "alts are bad, we cant keep up with them all and to much freedom is bad, we know they are innovative and profitable so we create our own assets and we make the profits". also think this began after ethereum concept was rejected... the whole point of segwit seems to be ... try to control the entire crypto market through a company.
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^thanks tom i just read this..bit old, but very relevant today.. https://blockstream.com/2014/11/17/blockstream-closes-21m-seed-round/The reason we were able to attract A-list investors is our group of founders and the promise of blockchain technology. As Reid wrote in his blog post today, “As Bitcoin evolves, Blockstream will play a huge role in helping it maintain its momentum, by making it easy to add new capabilities to the platform. And Blockstream’s success will in turn generate new waves of technical and entrepreneurial innovation — it will help make Bitcoin the kind of open, highly adaptive platform upon which a vast array of complementary products and services can be built.” eh...bitcoin was doing extremely well without blockstream, maintain btc momentum lols.... blockstreams success? so where is this revenue going to come from...fees, licenses etc we have saw phenomenal technical and entrepreneurial innovation without blockstream.
Inspired by the early cryptographers’ edict “cypherpunks write code,” we believe that the best marketing and promotion will be Blockstream’s products and services themselves. We seek to deliver incredible software and services that allow others to build their business and realize order of magnitude greater success with Bitcoin and blockchain technology. blockstreams products and services wont be free... think of blockstream as the isp for chain,you will have to play by their rules and price structure. they will have a corp business model sucking the life out of bitcoin.
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can someone answer this please...
since core dont support the miners seg2, why should miners mine on legacy/segchain?(apart from current profitabilty stuff)
wouldnt the miners just move to bch for good? and if they did, who would support the old chain?
core are crazy playing such a dangerous game with the miners imo.
Its not just core the users do not want 2x either and if the users refuse to give this fork any value then the miners will not support it also many miners only supported it to force segwit activation. no matter what there is defiantly going to be some fun times ahead plus 2x might not be the next fork this BitcoinGPU fork is could happen first but that fork wont disrupt the mining power because its using a different algorithm (equihash I believe) so this could disrupt etherium or some other GPU coins but I expect it to largely fail but I believe that this fork is a retaliation against 2x are you a politician,lol, the way you dodge what i said and say something else,lol ok, core/users(like u) dont want 2x, miners do...core doesnt give them 2x...what happens to core coin hash, why should miners mine for them?
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tek im pretty sure you have more posts on this thread than me...doing alot of typing for such a busy man lol anyways, thanks for answering...segwit is not being used by you or others and may never be...so its pointless really
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core are crazy playing such a dangerous game with the miners imo.
I suspect there are several turncoats who haven't yet revealed their true colors. why? whats the secret? lol
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can someone answer this please...
since core dont support the miners seg2, why should miners mine on legacy/segchain?(apart from current profitabilty stuff)
wouldnt the miners just move to bch for good? and if they did, who would support the old chain?
core are crazy playing such a dangerous game with the miners imo.
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Im really excited about the upcoming Bitkan event... so many speakers and for the first time we will hear directly from alot of the big players of the crypto world about their thoughts on Bitcoin cash there will be no battle bro, it wont even happen (2x) why do you support segwit so much..dont you know "emootabilty®" is at stake oh shit..i just said "dont you know" to the iceman...and hes drunk...sheeet oops on another note my friend....did you see the power of alts today while btc was hitting all time highs....so many coins going up at the same time...any thoughts on why? i think , many pro traders are moving into alts before btc crashes and they all shoot up even higher(just a thought lol) Why do you seem under the impression that just because we have segwit it means everybody is forced to use it because we are not 99% of all transactions are still legacy which means they are exactly the same as from day 1. What segwit does allow is safer use of side chains if you ever wish to use them and again you are not forced to its just a option. tek did you not see the question i asked a few posts ago to you.... my point is no one is using segwit, and the people on legacy are confused on high fees and slow tx times. are you still playing the concern troll btw
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Im really excited about the upcoming Bitkan event... so many speakers and for the first time we will hear directly from alot of the big players of the crypto world about their thoughts on Bitcoin cash there will be no battle bro, it wont even happen (2x) why do you support segwit so much..dont you know "emootabilty®" is at stake oh shit..i just said "dont you know" to the iceman...and hes drunk...sheeet oops on another note my friend....did you see the power of alts today while btc was hitting all time highs....so many coins going up at the same time...any thoughts on why? i think , many pro traders are moving into alts before btc crashes and they all shoot up even higher(just a thought lol)
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Bcash is the real bitcoin, the true upgrade from the roadmap of Satoshi Nakamoto OK everybody, take a shot! If pumpertits cries about "censorship" or "BlockstreamCore" in his next post, we take two more. If he mentions both, we all do keg stands. what if...i mention neither and wait till my third post ...no drinks for you
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pro tip...buy or hodl bch now. this is not going down , as i said a few days back 0.12 is the bottom, when this shoots up, it will be fast and high and these prices will never come back. ps...when bitcoin cash does become the real btc...tip me nicely when your all rich Youve been saying 'buy now' every day. Were all your incorrect calls so far to buy now also pro tips? If anyone followed your expert advice, they would be slowly bleeding to death. Just like this coin is. Stick to posting pictures me thinks. , you dont get me...many do, its all gd... btw i prefer gifs over pics Bitcoin tests new highs then breaks out BitCash tests new lows then breaks down And to say it's a segwit coin I have yet to make a single segwit transaction everything I've done in the last week have been legacy same as BitCash and I wouldn't call it slow right now I received a payment yesterday for around $350 fees were around $1 and I had it verified with 3 confirmations in under 15 mins becoin...tekky hows you .. yea, your right, new highs, feel sorry for them buying at such silly prices for a coin with so many problems and misinformation. bitcoin cash, is where the smart money is right this is what im talking about... you say " I have yet to make a single segwit transaction" then why the ell are you supporting segwit if no one is use seg1, then theres no need for seg2.... if fanboys like you dont use segwit then who the %!?! will? and dont say ...oh im waiting for LN crap lol
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pro tip...buy or hodl bch now. this is not going down , as i said a few days back 0.12 is the bottom, when this shoots up, it will be fast and high and these prices will never come back. ps...when bitcoin cash does become the real btc...tip me nicely when your all rich Youve been saying 'buy now' every day. Were all your incorrect calls so far to buy now also pro tips? If anyone followed your expert advice, they would be slowly bleeding to death. Just like this coin is. Stick to posting pictures me thinks. , you dont get me...many do, its all gd... (go back a few pages, i said buy 0.11 and a day or two ltr its 0.135, now 0.125...so ...also hasnt broke 0.12, as it is the bottom ) btw i prefer gifs over pics
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pro tip...buy or hodl bch now. this is not going down , as i said a few days back 0.12 is the bottom, when this shoots up, it will be fast and high and these prices will never come back. ps...when bitcoin cash does become the real btc...tip me nicely when your all rich
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Im wondering which exchange will have the balls to list bitcoin cash as the real bitcoin first, give it the btc ticker and markets access Im confident someone will do it Once it does...more will follow, segwitcoin will fade off,(it would be very interesting to see them change ticker) Bitcoin cash aka BTC will grow with its new upgrades ,showing more benefits for btc than ever before. everyone will join in the Bitcoin cash journey together towards, what i now call "mcafee prices" right now i see alot of confused crypto investors( the ones that dont study crypto like most of us), they wonder why its so slow and so expensive to buy/send btc...then you tell them they have 2 choices to avoid these problems, use a segwit address , this leads to a really confused look and they dont know how to do it. or buy bch, same as btc but its cheaper and faster and has extreme growth potential...
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Some news bits from today...
F2Pool like reneged on the NYA, won't support a segwit 2x chain.
Bitpay is coding copay to enable Bitcoin Cash.
Bitcoin classic released a new version of their wallet for Bitcoin Cash.
ViaBTC announced a Meetup the day after the future of Bitcoin conference, Sept 11th. Discussing what the true Bitcoin is or some shit.
You can now store Bitcoin Cash on Trezor wallet.
There's probably more I'm forgetting but I just Hought I'd update this thread since it hadn't been done yet.
Good luck guys, BCH (Bitcoin) to the moon!
great news trumpy hope you tweeted it too Theres alot here that have been saying for past month... Since core dont agree to segwit2x... why should miners even bother doing it? who will make 2x and maintain it?....why bother with another segwitcoin when Bitcoin cash is now here segwit is being exposed and people dont like what they can clearly see now, the manipulation on btc chain (high fees,slow tx) trying to force users onto a,3rd party, settlement layer. The viaBTC meeting...wow, just as many of us here have been saying...BCH is the real bitcoin, the true upgrade from the roadmap of Satoshi Nakamoto
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Best get in asap..those walls....almost ..nom nom nom
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