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savetherainforest
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August 09, 2017, 08:24:32 AM |
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So, who hasnt sold their BCH ? I havent, dunno why not. Gut's telling me hodl.
Too lazy and unmotivated to cash out. Will let it ride and see what happens. I figured I'd dump as soon as Kraken started accepting BCH deposits, but decided against it for the time being. Let's see how high they try to pump that crap. I think bitcoin people are lazy people. Because they are smart AF!!!  |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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August 09, 2017, 08:38:53 AM |
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So, who hasnt sold their BCH ? I havent, dunno why not. Gut's telling me hodl.
Too lazy and unmotivated to cash out. Will let it ride and see what happens. I figured I'd dump as soon as Kraken started accepting BCH deposits, but decided against it for the time being. Let's see how high they try to pump that crap. I think bitcoin people are lazy people. Because they are smart AF!!! I'd like to agree with this statement. |
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d_eddie
Legendary
Offline
Activity: 2492
Merit: 2899
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August 09, 2017, 08:59:19 AM |
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$4.5T in unfunded liabilities is already gone and can't be paid.
More like $107 trillion. http://usdebtclock.org/And that's just the USA. Sad thing is we're falling into the same trap with segwit and off-chain scaling. Right back into the bankers hands. There'll be barely a hickup during the transition to a "Bitcoin"-based economy. What a joke. What do you mean, same trap? Can you explain? Fractional reserve is impossible with LN, and anyone can set up a channel by locking the collateral. Seems like a fresh start. We're being herded back into communal pools. The Bitcoin blockchain allows individuals to remain independent. Segwit and second layers are like taps that will funnel off power away from the blockchain. Ah, I see what you mean now. Indeed, the second layer solutions we have today are akin to dealing with a bank: "I keep the books, that's to you, this I keep" and so on. These solutions are mostly used by exchanges (banks in their own way) after all. LN itself, however, is technically egalitarian in a way similar to bitcoin. Wanna open that channel? Lock 0.05 btc, ok, channel open. You can't transact more than those 0.05 on that channel. This is all I meant when I said fractional reserve is impossible. |
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ghandi
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August 09, 2017, 08:59:41 AM |
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https://www.youtube.com/watch?v=ep4HtGgOdjwThis time bitcoin will split in two. No one can force core nodes to accept 2x part, no matter what miners do. For the price of BTC this is bad of course. The last pump was glorious indeed, but it still is a pump, not a real slow progression in price caused by an increased demand. Not at all! Chinese miners exploited the lack of sell walls in Saturday to pump it to 3K hoping the traders will continue the rise to 4K and then they will sell everything down to 2K again. This time I will cash out and wait until the end of the storm.  Indeed i'm surprised that this Pullrequest hasn't got more attention. Disconnecting from SegWit2x Nodes doesn't sound good to me...  |
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d_eddie
Legendary
Offline
Activity: 2492
Merit: 2899
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August 09, 2017, 09:31:27 AM |
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Fractional reserve is impossible with LN
Ha. Hahaha. Hahahahahahahahaha! You've obviously thought through how the system will naturally evolve. I haven't yet. Waiting for my crystal ball to get back repaired from the factory. It never worked as advertised. However, I have read through how LN works technically. You can't open a channel that's not backed up by hard cash (btc). No promissory notes or other IOUs. You got the btc, you can open the channel - minnow or whale makes no difference. As for future natural evolution, only time will tell. Do you have a forecast to offer? |
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d_eddie
Legendary
Offline
Activity: 2492
Merit: 2899
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August 09, 2017, 09:36:25 AM |
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https://www.youtube.com/watch?v=ep4HtGgOdjwThis time bitcoin will split in two. No one can force core nodes to accept 2x part, no matter what miners do. For the price of BTC this is bad of course. The last pump was glorious indeed, but it still is a pump, not a real slow progression in price caused by an increased demand. Not at all! Chinese miners exploited the lack of sell walls in Saturday to pump it to 3K hoping the traders will continue the rise to 4K and then they will sell everything down to 2K again. This time I will cash out and wait until the end of the storm. Indeed i'm surprised that this Pullrequest hasn't got more attention. Disconnecting from SegWit2x Nodes doesn't sound good to me... I don't think it's so bad as it looks on paper. SegWit2x is who SegWit2x does. What's the use of staying connected with incompatible nodes that propagate blocks of the wrong size and might shield you from useful, compatible peers? The same could be said on either side - normal nodes and SegWit2x nodes. |
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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August 09, 2017, 09:46:18 AM |
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Can we gas the kikes already, so i dont have to see these posts anymore.
Better Call R0ach! He's an expert! We have a more effective solution: http://www.youtube.com/watch?v=TldZPwUW12g |
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DARKHOLDER
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August 09, 2017, 10:19:33 AM |
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Buy the dip  BTC Dip will be at 3000$?? Or now we go to 4000$? |
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krizniq
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August 09, 2017, 10:26:49 AM |
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nobody can tell, everybody is on his own in this fun |
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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August 09, 2017, 10:28:56 AM |
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Dumpage!
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kludzins
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August 09, 2017, 10:30:48 AM |
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2700 incoming |
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bikerleszno
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August 09, 2017, 10:35:53 AM |
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SegWit lock-in this period? YES!
12 blocks left before technical lock-in.
ETA ≈Wed, 09 Aug 2017 12:20:39 GMT
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soullyG
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August 09, 2017, 10:37:38 AM |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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August 09, 2017, 10:39:52 AM |
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Is this "sell the news" or speculation that once SegWit gets activated there will be problems?
Or just the fact that the price stopped climbing so people will take this opportunity to sell some coins until the next leg up.
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Dakustaking76
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August 09, 2017, 10:40:01 AM |
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Oh No were gonne die And get broke now
Expect a comment from roach and kwuckduck
Kwuck kwuck
Dips dips dips bips bips bips
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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August 09, 2017, 10:40:43 AM |
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Some phucker has really discharged in bearstamp. Burn the bear!!
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Ted E. Bare
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August 09, 2017, 10:40:55 AM |
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Always buy every dip haha. |
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krizniq
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August 09, 2017, 10:42:12 AM |
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quite a few weak hands or stop-loss limits ...... they will be crying |
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