I think the fact that 74 of these are still considered active is the biggest surprise here. I would barely even say Bitcoin Gold is still active, I literally don't think most of these are even used anywhere other than for speculative trading... Does anybody here actually use any off the Bitcoin off-shoots outside of the top 100 by mcap? I certainly dont know anybody who does.
In this case, active means someone still mining the coins 24/7 (or stake the coins 24/7 if they use PoS) to create block in order to keep the network running BSV is the only relevant chain, cause it is the refactored original protocol that is the legal and stable true BitCoin. It makes all other chains the alts.  And i don't remember P2PKH, P2SH or OP_RETURN are part of original protocol, which means BSV also alt. Your statement only true if BSV perform fork from block #97304 which created when Satoshi was around (December 13, 2010, 04:45:41 PM) So you will be able to run old 0.1 clients - that's the thing - nothing changed after the refactoring op_codes restored BTW: Think of tcp/ip - stability and consens may never change ... it was set in stone and Satoshi told us He left - cause of that https://www.justice.gov/usao-sdny/pr/senior-adviser-operator-silk-road-website-pleads-guilty-manhattan-federal-courtNow things getting cleaned |
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OP, this is an awesome summary and I sure as hell wasn't aware that there were this many forks. I knew about the big ones, of course, but I haven't even heard of most of these--and I only claimed forked coins once, which turned out to be pennies worth of BCH if I remember correctly and then I swore off claiming any of that "free crypto" in the future unless there was a decent amount of it for me to get (which there usually isn't, since I don't own a lot of bitcoin, BCH, or whatever else that got forked). Why is Segwit in the first picture? It didn't create a chain split, it was a protocol upgrade for Bitcoin.
Yeah, I had the same feeling. Not really a coin, it didn't produce a second chain. Ditto. Not that I understand much of the technical aspects of bitcoin, but I know enough that I recognize that Segwit isn't a fork. Sure, the most evil one. You just don't (want to) notice. It made Bitcoin no longer BitCoin |
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macht euch doch nicht alle gleich in's Höschen nur weil der Kurs ein wenig steigt...
Stimmt. In Deutschland kennen wir das schon, die Grünen (Kerzen) waren letztlich auch größer als die Roten (Laternen) der SPD  |
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BSV is the only relevant chain, cause it is the refactored original protocol that is the legal and stable true BitCoin. It makes all other chains the alts. |
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There is only one proper fix for (big) mining operators who want to alter some legally relevant and properly defined protocol (e.g. By the Satoshi White Paper): by law enforcement.
So it is quite ok and safe to have big mining companies been ordinary compliant and regulated corporations imho
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I'm with DooMAD here. He's not wrong, in a sense. I used to think it was really strange that the suits I knew who invested in Bitcoin actually didn't own btc. They paid for an amount of Bitcoin, sure, through an app or some other platform that gave them an account with a balance that updated with bitcoin price. Not even an actual wallet, never mind ownership of the private key. I explained this to them. They got it. But they didn't want that. They can't even trust themselves to remember their email password or phone SIM password, why would they want to risk that with money? So leaving it in the hands of a custodial service that protects their money for them, and reminds them of their password if they forget it, makes sense.
To put this in an actual real life example of my own, I gifted two children a small amount of bitcoin some time in 2018. Just recently, curious to see what they'd done (and to show them actually it's worth more than double now), I checked back. Guess what? The older kid, already 16, lost his private keys (printed). So, my lesson was, Bitcoin -- or at least, in the true sense it was meant to be -- isn't for everyone. Or, people aren't ready for it yet and need to be before they use it in the sense it was meant for.
It was, arguably, irresponsible of me to give it to a child and explain he was fully responsible for it without demonstrating the consequence. Perhaps it was the same for Schiff.
it's remaind me when my friends forget his litecoin private key, he mining litecoin in 2014, then giving his computer + hardisk to someone, when he remember his litecoin, the hardisk has been seling to other people, it's a pity . now I know when you choose to use full controll wallet ( can acces private key ), you must save it carefully, but when you save your bitcoin in exchange or something like thats, you must ready too the service can be like MtGox. Bitcoin is unregulated asset, also a decentralized asset even though government regulate it, govermant can't recover your funds lost due scam exchange, scam investment etc. Sure there are legal ways of seizing Bitcoins. We ve been watching such after big crime like Silk Road happened. Why would you guess some of the whales wanted to skew Bitcoin more 'private' ? Surely not for good old Peter or average Joes... |
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Alles unter 50.000€ ist ein klarer Kaufkurs.. (ein Zitat in 2025 ist mir 10  Merits wert ) ... klar, hier macht keiner Financial Advice.. oder? |
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OK, corn. Need you at $20k ASAP pls. Would like to rescue Rick from wage slavery. Shit is getting fucking retarded at his job, yo.
Sheeit.
I doubt that we are going to go shooting up to $20k, but I could see shooting up to $17,500. Yet, what the fuck do I know? I am continuing to think that once we get in the $17,500 to $23,000 range, we are not going to be hanging around in those territories for very long.. .yeah we could be there for a couple of months.. but is kind of like bat country... in my ongoing thinkenings. You do whatever you are going to do regarding your targets, but I am thinking cashing out a bit around $16,500 to $17,500 would be prudent, and then largely leaving $17,500 to $23,000 alone and then cashing out some more in the $23k to $25k range.... Again what the fuck do I know? As you likely recall, my own personal strategy does not involve any kinds of large cash outs, so I just plan to continue to plow through $17,500 to $23,000 in the same kind of way that I do with any other price range, which is just incremental cashing out throughout, even though I have pretty decently strong feelings that $17,500 to $23,000 is likely to be bat country.. like I mentioned. Your ... algo, seems to be self-tweaking quite well. Set confidence to 85%. Lol, there is no less 95% See how bags building bias |
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And the ECM 2020 turning point should be a low.
Not sure if he said that, but what does it even mean? That also can't even be wrong because one man's low is another man's high. Haha, yes, that's a good one. Zero sum games are all over the world |
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So what happeneds when the fee market exceeds the block reward as is clearly going to be the case with BSV
I don't know. None of us do, because hell will have frozen over long before then. It’s obvious the transaction fee market will clearly exceed the block reward with time.
How is that "obvious"? Lets take a look at the facts: Avg. Transaction Fee 0.0000038 BSV ($0.0011) Transactions avg. per hour 21,087, or 3,515 per block Reward Per Block 12.50+0.0158 BSV ($3,695.91 USD) Fee in Reward (Average Fee Percentage in Total Block Reward) 0.15% At its current price, the average number of transactions would have to increase by 666.67x in order for their fees to equal the block reward. That's assuming that transaction fees doesn't increase proportional to the price of BSV. That would mean 2.343 million transactions per block. Since BSV has an average tx size of 0.48kb, that would mean each block would have to be 1.124 GB. We're talking about a 570-fold increase from where things currently stand. That just ain't happening. Not in our lifetimes. Feel free to bet on BSV's blockchain growing by 162 GB a day if you want (4.8 terabytes a month) -- that does not sound like "scaling" to me. It sounds like a pipe dream. What's far more likely to happen is BSV will buckle under the weight of Craig's ego and it will implode into obscure shitcoindom where it belongs. So still whining and triggered emotional by BitCoin will run in datacenters as originally designed? Meh |
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snip..
What do you guys this of this ?
Please "Don't make a Con Artist be famous" !! every word that Craig Wright says about Bitcoin is "Trash".. so we don't need to take every statement of him seriously. he is a con artist since he publicly stated that he is the real "Satoshi" Checkout: He WAS made famous -he clearly didn t want to - now he makes the pace and most lost that He didn't want to be famous by claiming himself to be Satoshi? He obviously wanted to be when he used Gavin Andresen for his publicity stunt. Pls check out - WHY actuall he did. He had to, he was doxxed Doxxed? But what for? He's not Satoshi. He "doxxed" himself, and even he himself, can't prove that he's Satoshi. He's just a Borat-type character trolling the Bitcoin community. Do you actually believe him to be Satoshi? Simple yes or no question. More likely he is and sure he was doxxed - you just dont like to read the sources True Satoshi wanted us to do own PoW - CSW challanges that exactly |
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https://www.reddit.com/r/btc/comments/esebco/infrastructure_funding_plan_for_bitcoin_cash_by/Dumbest idea ever...  If these pools want to donate..do it...dont try to soft fork it in for " 6months"(which means 4eva) The whole thing is shady, taxing miners forcing them to pay some shell company in Hong Kong ! I dont care who the Hong Kong group are or what they will do with the funds...they must not get paid this way..end of. This TAX has no consensus and is trying to sneak into a future planned HF that had consensus.... Not Good and very sneaky. I think another HF and split for BCH maybe coming...and a new ATL.. What's the lastest update on this drama? It's the best example of the cartelization of miners working for their own interest at the expense of the whole network, because the network itself gave a reason/opportunity for the miners to. I cannot agree more - miners openly collude and agree on 51% attacks right away - ABC seems REKT BU watches for BSV .... Bitcoin Cash SV is not different. The only funny thing about them is Craig Wright, and Calvin Ayre did the same thing Roger Ver did to Bitcoin. Hahaha. haha, BCH splitted off cause they know how blockstream works and hijacked the clean original protocol as well ( colluding works, but is not BitCoin) Sure, if you cannot see such difference, you might look on bags of tickers only  |
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And yet there was consensus... (as in, people agreed to it, that's why it exists.) Feel free to disagree and use what fork you prefer. Or whatever wallet too while you're at it. I would not recommend a brand new wallet without trying it first, but also, I would not bother trying something new and wait for some others to try it out on their own.
Segwit, RBF, schnorr,.. all are breaking the 'consensus'. Nothing to do with BitCoin |
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In the same vein it is natural to assume that the death of the altcoin world would eventually do only good to Bitcoin in the long run as people won't be losing money anymore. So what d'ya think?
First of all: Define what Bitcoin is for you - just a ticker ? A special protocol impl or the bigger idea (that started 2008 - without any tickers)? It is definitely a bigger idea I'm paid with bitcoins for doing online jobs (like translations or whatever), and without Bitcoin this wouldn't be possible. It is not only that of course as there are other applications beyond being "just a ticker" (by which you seem to refer to speculation, I guess), but that's what instantly comes to mind when asked such a question. So I looks like I defined what Bitcoin is for me (it is not just a ticker), and what comes next? Yes, Bitcoin is the middle men disruptor, the new internet protocol for value (precious information) transfer, it brings a sheer immutable time / data timestamped ledger - secured by PoW. If all meaningful electronic applications can make use of such a single system- cheap, borderless, open-including, scalable, ... , than no other system / coin / alt ... is ever needed This is what Bitcoin aims for, not really caring about speculation or tickers |
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What is your thought about this??
* Bitcoin mining is not dead. Just may not be a good business for average Joe. And we get back to the greed part. I have been working on finding a consensus algo that is easier to participate in mining. Compared to the high threshold of Bitcoin mining, it may achieve market success. It may be the fairest and easiest for "average Joe" if normal PC can be used for mining. Do you have an idea for an algorithm with this characteristic？ One of the coins that you can participate these days with easy mining is ONION, with about 250 ONIONs or less you can PoS mine from your laptop or desktop computer. There are many other altcoins that will allow you to mine via PoS. BTC might not be fully decentralized yet, but it is in the hands of people to bring back decentralization by using or helping decentralized exchanges, or supporting PoS in bitcoin if that is still possible to implement. It depends on how it is finally governed and how open it is for any sort of regulated / compliant competition |
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https://www.reddit.com/r/btc/comments/esebco/infrastructure_funding_plan_for_bitcoin_cash_by/Dumbest idea ever... If these pools want to donate..do it...dont try to soft fork it in for " 6months"(which means 4eva) The whole thing is shady, taxing miners forcing them to pay some shell company in Hong Kong ! I dont care who the Hong Kong group are or what they will do with the funds...they must not get paid this way..end of. This TAX has no consensus and is trying to sneak into a future planned HF that had consensus.... Not Good and very sneaky. I think another HF and split for BCH maybe coming...and a new ATL.. What's the lastest update on this drama? It's the best example of the cartelization of miners working for their own interest at the expense of the whole network, because the network itself gave a reason/opportunity for the miners to. I cannot agree more - miners openly collude and agree on 51% attacks right away - ABC seems REKT BU watches for BSV .... |
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As this topic is essentially about Bitcoin, not altcoins (as the tittle wily but deceivingly suggests), I think it is a correct board to start it in
Many of us are wondering what would happen if crypto vanished altogether (and probably having jitters at such a thought). Well, I'm not that cruel, and only propose to discuss the less evil problem, if a problem at all. That is, will Bitcoin as well as a few selected altcoins (say, a couple or so) benefit from the complete disappearance of the total majority of altcoins from the cryptocurrency arena?
As I'm inclined to think, a few remaining coins would benefit dramatically. My train of thought is as follows. We can plausibly claim that Bitcoin would be far better off now if not for the huge pile of shitcoins that turned out outright scams at the end of the day. People wouldn't have lost their money in these schemes, and they wouldn't lose it if they invested it in Bitcoin instead. Simple and straightforward logic, right?
In the same vein it is natural to assume that the death of the altcoin world would eventually do only good to Bitcoin in the long run as people won't be losing money anymore. So what d'ya think?
First of all: Define what Bitcoin is for you - just a ticker ? A special protocol impl or the bigger idea (that started 2008 - without any tickers) ? |
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Das hier gefällt mir. Keine Ahnung ob das so eintrifft, aber rückblickend betrachtet hat er Recht behalten.
Rückblickend haben alle recht... Die Vergangenheit hat immer recht |
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snip..
What do you guys this of this ?
Please "Don't make a Con Artist be famous" !! every word that Craig Wright says about Bitcoin is "Trash".. so we don't need to take every statement of him seriously. he is a con artist since he publicly stated that he is the real "Satoshi" Checkout: He WAS made famous -he clearly didn t want to - now he makes the pace and most lost that He didn't want to be famous by claiming himself to be Satoshi? He obviously wanted to be when he used Gavin Andresen for his publicity stunt. Pls check out - WHY actuall he did. He had to, he was doxxed |
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