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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 646138 times)
Mrpumperitis
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December 18, 2017, 10:20:14 AM
 #11541

 Sam Chadwick‏ @SamChadwickXOR
https://twitter.com/SamChadwickXOR/status/942679809016193024
Bitcoin Cash joins Bitcoin and Ethereum on Thomson Reuters Eikon. #bitcoin #BitcoinCash Shocked Shocked

I got red trust because i speak the truth....This thread shows why many long term users are being tagged red, ...https://bitcointalk.org/index.php?topic=2399315.msg24593043#msg24593043 ,nullius and lauda are scammers.Bitcoin cash is the real upgrade bitcoin needed, not segwit.
How The Banks Bought Bitcoin  The Lightning Network - https://www.youtube.com/watch?v=UYHFrf5ci_g&feature=youtu.be&repost= Bitcoin: A Peer-to-Peer Electronic Cash System https://bitcoin.org/bitcoin.pdf
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snowfu199
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December 18, 2017, 11:22:11 AM
 #11542

Sam Chadwick‏ @SamChadwickXOR
https://twitter.com/SamChadwickXOR/status/942679809016193024
Bitcoin Cash joins Bitcoin and Ethereum on Thomson Reuters Eikon. #bitcoin #BitcoinCash Shocked Shocked

great news. Let us see BCH pump again.
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December 18, 2017, 11:22:36 AM
 #11543

BCH was conceived out of necessity & born into a royal crypto lineage. Bitcoin's beautiful design prevents even the current guardians from destroying it. In times of corruption and lost vision a true Satoshi Bitcoin will always rise. We are that Bitcoin.
cryptorusin
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December 18, 2017, 11:24:07 AM
 #11544

Good article how the whales maybe manipulating the price of BTC really hard and my guess they will put it into fiat or BCH or maybe both :

https://cointelegraph.com/news/cme-bitcoin-futures-launch-possible-economic-outcomes
streamplus
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December 18, 2017, 11:45:52 AM
 #11545

Hi,

You can add:
https://bitcoincashforum.net

Both forums you posted not working (Suspended).

Thank you.
Mallampue
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December 18, 2017, 11:49:14 AM
 #11546

Hi,

You can add:
https://bitcoincashforum.net

Both forums you posted not working (Suspended).

Thank you.

are you sure? I try to open it and working.
Please, try to using different browser to open it. Good luck!
hv_
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December 18, 2017, 01:23:13 PM
 #11547

Reading for the  "Only-Hodlers" - you might stay nichy:

http://www.businessinsider.com/ing-bitcoin-will-be-a-niche-asset-2017-12?op=1

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin - mine honest!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
Mrpumperitis
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December 18, 2017, 01:32:09 PM
 #11548

The Swedish co-founder of Bitcoin.com, one of the largest websites in the industry, has done a Mr Pumperitis and sold all his bitcoins because it’s “as good as useless”   Grin
http://nordic.businessinsider.com/the-swedish-founder-of-bitcoin.com-one-of-the-largest-sites-in-the-industry-has-sold-all-his-bitcoins-because-its-as-good-as-useless--/



    Bitcoin is “as good as useless” and has no future as a tradeable currency says Emil Oldenburg, the co-founder and CTO of bitcoin.com, one of the world’s largest bitcoin industry websites.

    Oldenburg has sold all his bitcoins and believes others will do the same when they realize how illiquid the market is, the entrepreneur told Swedish tech site Breakit.

    Bitcoin's drawbacks are high fees and transaction lead times, and the resistance to change from people running the old bitcoin network.

    Oldenburg believes there's a brighter future for Bitcoin Cash.
 Cool

I got red trust because i speak the truth....This thread shows why many long term users are being tagged red, ...https://bitcointalk.org/index.php?topic=2399315.msg24593043#msg24593043 ,nullius and lauda are scammers.Bitcoin cash is the real upgrade bitcoin needed, not segwit.
How The Banks Bought Bitcoin  The Lightning Network - https://www.youtube.com/watch?v=UYHFrf5ci_g&feature=youtu.be&repost= Bitcoin: A Peer-to-Peer Electronic Cash System https://bitcoin.org/bitcoin.pdf
Mrpumperitis
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December 18, 2017, 01:38:43 PM
 #11549

https://themerkle.com/first-atomic-swap-between-bitcoin-cash-and-komodo-is-a-success/
First Atomic Swap Between Bitcoin Cash and Komodo Is a Success

Gd work team Komodo...thanks
i think its time to check out this Komodo, prob grab a few aswell  Smiley


I got red trust because i speak the truth....This thread shows why many long term users are being tagged red, ...https://bitcointalk.org/index.php?topic=2399315.msg24593043#msg24593043 ,nullius and lauda are scammers.Bitcoin cash is the real upgrade bitcoin needed, not segwit.
How The Banks Bought Bitcoin  The Lightning Network - https://www.youtube.com/watch?v=UYHFrf5ci_g&feature=youtu.be&repost= Bitcoin: A Peer-to-Peer Electronic Cash System https://bitcoin.org/bitcoin.pdf
hv_
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December 18, 2017, 01:50:48 PM
 #11550

2000$  Woooohohhooo  Grin

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin - mine honest!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
snowfu199
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December 18, 2017, 01:59:32 PM
 #11551

2000$  Woooohohhooo  Grin
That is very nice. I knew it was coming. This time, it will stay above it.
serby10101010001100010
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December 18, 2017, 02:02:28 PM
 #11552

I miss the segshit core shills Lips sealed wondering where they could possibly hide
shapeshiftscam
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December 18, 2017, 02:03:50 PM
 #11553

The price is a little bumping after we hit 0.09 btc again, I sold at 0.095 btc so I expect the price will go back to 0.09 btc so I can collect more BCH. Only a few thousands BCH left in my balance.
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December 18, 2017, 02:12:02 PM
 #11554

The price is a little bumping after we hit 0.09 btc again, I sold at 0.095 btc so I expect the price will go back to 0.09 btc so I can collect more BCH. Only a few thousands BCH left in my balance.

Few Thousands BCH or in term of fiat this is surprising to see a whale is active in accumulation. Can you explain about that what is mean by that phrase.
hv_
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December 18, 2017, 02:21:16 PM
 #11555

2000$  Woooohohhooo  Grin
That is very nice. I knew it was coming. This time, it will stay above it.

This move might be epic ....  but the top at 0.128 needs to be taken out by far

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin - mine honest!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
Juiceboxx
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December 18, 2017, 02:22:57 PM
 #11556

From a common sense stand point my biggest concern short term is coinbase releasing there coins to there customers in the new year. Smart money who believe in this project will head to the sidelines wait for the smashing of the price and then load up.
Mrpumperitis
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December 18, 2017, 02:27:48 PM
 #11557

From a common sense stand point my biggest concern short term is coinbase releasing there coins to there customers in the new year. Smart money who believe in this project will head to the sidelines wait for the smashing of the price and then load up.
not really....coinbase asked customers to remove thier btc before aug1 2017
as back then they said they were not supporting it...
so many did withdraw to get free bch back then...
im sure there is still some left on coinbase, but dont be expecting a huge dump...it may not dump at all,
 if everyone realises BCH is the real bitcoin, they may sell overpriced btc and actually buy more BCH  Wink

I got red trust because i speak the truth....This thread shows why many long term users are being tagged red, ...https://bitcointalk.org/index.php?topic=2399315.msg24593043#msg24593043 ,nullius and lauda are scammers.Bitcoin cash is the real upgrade bitcoin needed, not segwit.
How The Banks Bought Bitcoin  The Lightning Network - https://www.youtube.com/watch?v=UYHFrf5ci_g&feature=youtu.be&repost= Bitcoin: A Peer-to-Peer Electronic Cash System https://bitcoin.org/bitcoin.pdf
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December 18, 2017, 02:30:58 PM
 #11558

If a 1MB block takes 30 seconds to verify and validate, with the current code, wouldn't a 1GB block take 50 minutes to verify? Or is it not linear like that? I don't know, 1 block with transactions in it followed by 5 empty blocks seems inefficient. However, it appears the BCH team is working on this bottleneck, so why are we debating about my original concerns? The concern is no longer valid.

With Current Cable Bandwidth of 100 Mbits , 1 MB block can be transmitted in less than 1 second
100Mbits/8 = 12.5 megabytes per second
Even 8 MB blocks are nothing at modern internet speeds.

Correction:
Original Node Verification was squared after every time interval ,
The Correct Verification is a Doubling with every increase in time interval
1 second=  2 Nodes Verified
2 second=  4 Nodes Verified
3 second=  8 Nodes Verified
4 second=  16 Nodes Verified
5 second=  32 Nodes Verified
6 second=  64 Nodes Verified
7 second=128 Nodes Verified
8 second=256 Nodes Verified
9 second=512 Nodes Verified
10 second=1024 Nodes Verified
11 second=2048 Nodes Verified
12 second=4096 Nodes Verified
13 second=8192 Nodes Verified
14 second=16384 Nodes Verified
15 second=32728 Nodes Verified
16 second=65456 Nodes Verified
17 second=130912 Nodes Verified

*Neither Bitcoin has over 20000 Full Nodes at the present time*


Once the normal is 1 Gbps
1 Gbps/8 = 125 megabytes per second

Once the normal is 10 Gbps
10 Gbps/8 = 1.25 gigabytes per second
(This can easily support 1 Gigabyte Blocks and some providers are running at this speed today.)
(Within 17 seconds the 1 Gigabyte block could propagate through ~130912 Nodes.)


Once the normal is 100 Gbs
100 Gbs/8 =12.5 Gigabytes per second

╥Aztek
How many gb per full node?

THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA
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abeke
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December 18, 2017, 03:39:41 PM
 #11559

Sadly Bitcoin is broken.

It's basically unusable as a peer to peer platform which was the whole damn point.

I tried to transfer $600 of BTC and still unconfirmed.

BTC's utility is wrecked.

Same here. I've been waiting confirmation for $200 transaction almost 3 days. BTC is just attracting miners for high fees I think. In terms of real usage it's pretty useless.
Mrpumperitis
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December 18, 2017, 04:08:04 PM
 #11560

Sadly Bitcoin is broken.

It's basically unusable as a peer to peer platform which was the whole damn point.

I tried to transfer $600 of BTC and still unconfirmed.

BTC's utility is wrecked.

Same here. I've been waiting confirmation for $200 transaction almost 3 days. BTC is just attracting miners for high fees I think. In terms of real usage it's pretty useless.
http://nordic.businessinsider.com/the-swedish-founder-of-bitcoin.com-one-of-the-largest-sites-in-the-industry-has-sold-all-his-bitcoins-because-its-as-good-as-useless--/



    Bitcoin is “as good as useless” and has no future as a tradeable currency says Emil Oldenburg, the co-founder and CTO of bitcoin.com, one of the world’s largest bitcoin industry websites.

    Oldenburg has sold all his bitcoins and believes others will do the same when they realize how illiquid the market is, the entrepreneur told Swedish tech site Breakit.

    Bitcoin's drawbacks are high fees and transaction lead times, and the resistance to change from people running the old bitcoin network.

    Oldenburg believes there's a brighter future for Bitcoin Cash.

I got red trust because i speak the truth....This thread shows why many long term users are being tagged red, ...https://bitcointalk.org/index.php?topic=2399315.msg24593043#msg24593043 ,nullius and lauda are scammers.Bitcoin cash is the real upgrade bitcoin needed, not segwit.
How The Banks Bought Bitcoin  The Lightning Network - https://www.youtube.com/watch?v=UYHFrf5ci_g&feature=youtu.be&repost= Bitcoin: A Peer-to-Peer Electronic Cash System https://bitcoin.org/bitcoin.pdf
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