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Author Topic: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees  (Read 573219 times)
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December 18, 2017, 01:50:48 PM
 #12041

2000$  Woooohohhooo  Grin

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
A feature that needs more than one convincing argument is no and Satoshi owes me no signing - also because of Sartre.
The simple way is the genius way - in Moore and Satoshi we trust.
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December 18, 2017, 01:59:32 PM
 #12042

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

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December 18, 2017, 02:02:28 PM
 #12043

I miss the segshit core shills Lips sealed wondering where they could possibly hide
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December 18, 2017, 02:03:50 PM
 #12044

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
 #12045

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.

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December 18, 2017, 02:21:16 PM
 #12046

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!
A feature that needs more than one convincing argument is no and Satoshi owes me no signing - also because of Sartre.
The simple way is the genius way - in Moore and Satoshi we trust.
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December 18, 2017, 02:22:57 PM
 #12047

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.
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December 18, 2017, 02:27:48 PM
 #12048

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 , chk theymos comment.
Bitcoin cash is the real upgrade bitcoin needed, not segwit.btc is no longer what people think it was...https://www.segwetters.org/
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
 #12049

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?

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December 18, 2017, 03:39:41 PM
 #12050

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.

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December 18, 2017, 04:08:04 PM
 #12051

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 , chk theymos comment.
Bitcoin cash is the real upgrade bitcoin needed, not segwit.btc is no longer what people think it was...https://www.segwetters.org/
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, 04:16:31 PM
 #12052

as much as i hate Ver and this coin, it's prob gonna moon LOL

OK IN  Cheesy Cool

i hope this and ETC make some ATH's come 2018 and onwards chooochooo!
my bet is btc will see a big dump, as will that SHIT ETH.

www.dlsag.com ~ 1ex.trade
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December 18, 2017, 04:19:17 PM
 #12053

Do you still think Bitcoin Cash is supposed to replace Bitcoin ? This seems a bit too late now Grin

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December 18, 2017, 04:21:47 PM
 #12054

as much as i hate Ver and this coin, it's prob gonna moon LOL

OK IN  Cheesy Cool

i hope this and ETC make some ATH's come 2018 and onwards chooochooo!
my bet is btc will see a big dump, as will that SHIT ETH.
welcome bro...you have chosen wisely  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 , chk theymos comment.
Bitcoin cash is the real upgrade bitcoin needed, not segwit.btc is no longer what people think it was...https://www.segwetters.org/
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, 04:40:16 PM
 #12055

Do you still think Bitcoin Cash is supposed to replace Bitcoin ? This seems a bit too late now Grin

BTC  = storage money
BCC  = payment system
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December 18, 2017, 05:07:49 PM
 #12056

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

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

Interesting these articles comes out after the CME (chicago merchantile exchange?) has opened for business.



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Website: www.Bitcoincash.org
Thread: Bitcoin Cash Thread
Donate BCH: 1JhDmQFpjndJGB7SjmD7C55fwwbkCpytaj

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December 18, 2017, 05:16:03 PM
 #12057

Do you still think Bitcoin Cash is supposed to replace Bitcoin ? This seems a bit too late now Grin

BTC  = storage money
BCC  = payment system

useless to have both.  

you want to store in the one with the increasing demand at the increasing rate.


And the one in demand will be the one with the highest utility.  

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Website: www.Bitcoincash.org
Thread: Bitcoin Cash Thread
Donate BCH: 1JhDmQFpjndJGB7SjmD7C55fwwbkCpytaj

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December 18, 2017, 05:18:26 PM
 #12058

https://www.cryptoninjas.net/2017/12/18/bitpay-process-payments-multiple-chains-starting-bitcoin-cash/

This should bump the price up even more.. I see BCH heading to somewhere $2500 - $2700 in the next day or two. Many people from BTC should move to BCH now. Fingers crossed.
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December 18, 2017, 05:34:24 PM
 #12059

I promised a few definitions of SDR and here is one by a USA former president!  Notice how FDR made sure to explain why he did not refer to the controversial topic by name yet describes the process in detail, LOL.

https://imgur.com/a/fA70f

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Website: www.Bitcoincash.org
Thread: Bitcoin Cash Thread
Donate BCH: 1JhDmQFpjndJGB7SjmD7C55fwwbkCpytaj

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December 18, 2017, 05:37:10 PM
 #12060

http://www.livebitcoinnews.com/bitcoin-network-faces-another-steep-mining-difficulty-adjustment/

One more reason for the price to shoot up!
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