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Author Topic: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees  (Read 567524 times)
StratisKing
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December 22, 2017, 01:14:36 PM
 #12401

Bitcoin is going down, I didn't sell at 0.2 btc now is 0.17 btc, what a pity. I hope the price will have a large rally soon. Do more trading in the future, to make more bch, it is the future.
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tekmobile
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December 22, 2017, 01:20:07 PM
 #12402

Bitcoin is going down, I didn't sell at 0.2 btc now is 0.17 btc, what a pity. I hope the price will have a large rally soon. Do more trading in the future, to make more bch, it is the future.

Except in around 10 years when 99% of the rewards have been mined and the miners will need fees to secure the network and since BCH is so intent of sub cent fees the miners will get little reward  thus making a weak insecure network you may well need over 10 million transactions per block just to survive

On the next reward halving BCH will be running at half reward roughly 2 months before BTC gets there and with substantially less fees may leave it a bit too vulnerable  

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tomkat
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December 22, 2017, 01:34:45 PM
 #12403

The development of BTC's fee market is music to Greg Maxwell's ears :-)
He's pulling out champagne to celebrate this huge success
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-December/015455.html

Quote
I'm pulling out the champaign that market behaviour is
indeed producing activity levels that can pay for security without
inflation, and also producing fee paying backlogs needed to stabilize
consensus progress as the subsidy declines.

tekmobile
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December 22, 2017, 01:38:52 PM
 #12404

The development of BTC's fee market is music to Greg Maxwell's ears :-)
He's pulling out champagne to celebrate this huge success
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-December/015455.html

Quote
I'm pulling out the champaign that market behaviour is
indeed producing activity levels that can pay for security without
inflation, and also producing fee paying backlogs needed to stabilize
consensus progress as the subsidy declines.

The network was always designed to need fees to survive once all the block rewards have gone fees will be all that's left and 99% will be gone in around 10 years with the further 1% over the next 100 years

No fees No Network as it says with low fees the only option is inflation so fork again to print more BCH to pay the miners

Secure your coins get a hardware wallet from Amazon Buy Trezor (US) / Buy Trezor (UK) / Buy Ledger Nano S (US) / Buy Ledger Nano S (UK)
Donate (BTC:3FrtgXkBvxcEyDBgYPijs6EHcTMcoQkCg6), (BCH:1GmfzgeaxLdZEJN7M9NxEtShKtWxiekg8T), (ZEC:t1bisSvv1PsuUnDCH2HEa5gFTk7L8EVLJvn)(LTC:MVdisBDoJ1RuyAg1YrqVHvEfp8WsyJAWXW), (BTG: AJqQubF9bg4uvwX3seHHTwhyectuMVkZKj)
Sell your hashing power on NicceHash and earn Bitcoin ----- View Mempool Stats for Bitcoin BTC, Litecoin [LTC], Bitcoin Cash (Bcash) [BCH], Bitcoin Gold (Bgold) [BTG]
SweatyTroll
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December 22, 2017, 01:48:18 PM
 #12405

271633 Unconfirmed Transactions Live updating list of new bitcoin transactions and growing at an incredible speed OMG
https://blockchain.info/unconfirmed-transactions


Nice noobie dump on BCH, they gonna cry  Grin
Im buying $2880, sweeeeeet ....averge down if it drops...dont sell your BCH....ACCUMULATE  Kiss

lmao this guy is absolutely clueless.
tomkat
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December 22, 2017, 02:14:40 PM
 #12406

The development of BTC's fee market is music to Greg Maxwell's ears :-)
He's pulling out champagne to celebrate this huge success
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-December/015455.html

Quote
I'm pulling out the champaign that market behaviour is
indeed producing activity levels that can pay for security without
inflation, and also producing fee paying backlogs needed to stabilize
consensus progress as the subsidy declines.

The network was always designed to need fees to survive once all the block rewards have gone fees will be all that's left and 99% will be gone in around 10 years with the further 1% over the next 100 years

No fees No Network as it says with low fees the only option is inflation so fork again to print more BCH to pay the miners

In the next 10 years block rewards will be 6.25 and 3.125. With increasing adoption, utility, tx amount, tx fees, and block size it would grow naturally with technology. It would lead to price increase making it all stable and profitable. That was the initial design, and not artificial limits and the crap like Segwit and LN.
We have both models on the market now, so it will be easy to compare over time.

tekmobile
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December 22, 2017, 02:36:43 PM
 #12407

The development of BTC's fee market is music to Greg Maxwell's ears :-)
He's pulling out champagne to celebrate this huge success
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-December/015455.html

Quote
I'm pulling out the champaign that market behaviour is
indeed producing activity levels that can pay for security without
inflation, and also producing fee paying backlogs needed to stabilize
consensus progress as the subsidy declines.

The network was always designed to need fees to survive once all the block rewards have gone fees will be all that's left and 99% will be gone in around 10 years with the further 1% over the next 100 years

No fees No Network as it says with low fees the only option is inflation so fork again to print more BCH to pay the miners

In the next 10 years block rewards will be 6.25 and 3.125. With increasing adoption, utility, tx amount, tx fees, and block size it would grow naturally with technology. It would lead to price increase making it all stable and profitable. That was the initial design, and not artificial limits and the crap like Segwit and LN.
We have both models on the market now, so it will be easy to compare over time.


It will be  1.5625 in around 10 years and BCH is around 2 months ahead of reaching this target

~2020 = 6.250
~2024 = 3.125
~2028 = 1.5625 (About 10 years)

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Suntouri
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December 22, 2017, 02:38:48 PM
 #12408

The development of BTC's fee market is music to Greg Maxwell's ears :-)
He's pulling out champagne to celebrate this huge success
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-December/015455.html

Quote
I'm pulling out the champaign that market behaviour is
indeed producing activity levels that can pay for security without
inflation, and also producing fee paying backlogs needed to stabilize
consensus progress as the subsidy declines.

The network was always designed to need fees to survive once all the block rewards have gone fees will be all that's left and 99% will be gone in around 10 years with the further 1% over the next 100 years

No fees No Network as it says with low fees the only option is inflation so fork again to print more BCH to pay the miners

In the next 10 years block rewards will be 6.25 and 3.125. With increasing adoption, utility, tx amount, tx fees, and block size it would grow naturally with technology. It would lead to price increase making it all stable and profitable. That was the initial design, and not artificial limits and the crap like Segwit and LN.
We have both models on the market now, so it will be easy to compare over time.


It will be  1.5625 in around 10 years and BCH is around 2 months ahead of reaching this target

~2020 = 6.250
~2024 = 3.125
~2028 = 1.5625 (About 10 years)
10 cryptoyears are like 100 in real world
webvn2k
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December 22, 2017, 02:41:20 PM
 #12409

the bitcoin price downing because a lots of transactions  has been unconfirmed , btc is main to  trade so btc down or unconfirmed every altcoins down ,too.

https://blockchain.info/unconfirmed-transactions
tekmobile
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December 22, 2017, 02:42:37 PM
 #12410

The development of BTC's fee market is music to Greg Maxwell's ears :-)
He's pulling out champagne to celebrate this huge success
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-December/015455.html

Quote
I'm pulling out the champaign that market behaviour is
indeed producing activity levels that can pay for security without
inflation, and also producing fee paying backlogs needed to stabilize
consensus progress as the subsidy declines.

The network was always designed to need fees to survive once all the block rewards have gone fees will be all that's left and 99% will be gone in around 10 years with the further 1% over the next 100 years

No fees No Network as it says with low fees the only option is inflation so fork again to print more BCH to pay the miners

In the next 10 years block rewards will be 6.25 and 3.125. With increasing adoption, utility, tx amount, tx fees, and block size it would grow naturally with technology. It would lead to price increase making it all stable and profitable. That was the initial design, and not artificial limits and the crap like Segwit and LN.
We have both models on the market now, so it will be easy to compare over time.


It will be  1.5625 in around 10 years and BCH is around 2 months ahead of reaching this target

~2020 = 6.250
~2024 = 3.125
~2028 = 1.5625 (About 10 years)
10 cryptoyears are like 100 in real world

Maybe so but as the rewards dwindle down BTC is in a much stronger position to sustain a highly secure valuable network as every halving takes security from BCH potentially leaving it vulnerable to attack


Secure your coins get a hardware wallet from Amazon Buy Trezor (US) / Buy Trezor (UK) / Buy Ledger Nano S (US) / Buy Ledger Nano S (UK)
Donate (BTC:3FrtgXkBvxcEyDBgYPijs6EHcTMcoQkCg6), (BCH:1GmfzgeaxLdZEJN7M9NxEtShKtWxiekg8T), (ZEC:t1bisSvv1PsuUnDCH2HEa5gFTk7L8EVLJvn)(LTC:MVdisBDoJ1RuyAg1YrqVHvEfp8WsyJAWXW), (BTG: AJqQubF9bg4uvwX3seHHTwhyectuMVkZKj)
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tomkat
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December 22, 2017, 02:50:48 PM
 #12411

The development of BTC's fee market is music to Greg Maxwell's ears :-)
He's pulling out champagne to celebrate this huge success
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-December/015455.html

Quote
I'm pulling out the champaign that market behaviour is
indeed producing activity levels that can pay for security without
inflation, and also producing fee paying backlogs needed to stabilize
consensus progress as the subsidy declines.

The network was always designed to need fees to survive once all the block rewards have gone fees will be all that's left and 99% will be gone in around 10 years with the further 1% over the next 100 years

No fees No Network as it says with low fees the only option is inflation so fork again to print more BCH to pay the miners

In the next 10 years block rewards will be 6.25 and 3.125. With increasing adoption, utility, tx amount, tx fees, and block size it would grow naturally with technology. It would lead to price increase making it all stable and profitable. That was the initial design, and not artificial limits and the crap like Segwit and LN.
We have both models on the market now, so it will be easy to compare over time.


It will be  1.5625 in around 10 years and BCH is around 2 months ahead of reaching this target

~2020 = 6.250
~2024 = 3.125
~2028 = 1.5625 (About 10 years)

It doesn't change anything, and it's the least important point.
In 10 years the technology will improve which will allow natural growth of crypto.
Again: there're 2 totally different approaches expressed in 2 competing chains - soon we'll know which one is better

Mrpumperitis
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December 22, 2017, 03:50:41 PM
 #12412



I actually read the thread yesterday that you have put in your timeline. This is not theymos but the person who was complaining to them. They don't want the name bitcoin cash and you will get flagged for it. I don't see them complaining about bitcoin diamond or bitcoin gold

Only bitcoin cash because it is a direct competitor with bitcoin classic
wrong red...go back and re-read what theymos said in his comment,
the way he and other see it....only blockstream has the authority to control anything that happens with btc.core has done fk all for btc apart from cripple it..
Bitcoin cash devs have put bitcoin core devs to shame, core are liars
core should have hard forked yrs ago, instead of lying to us all, instead they infected bitcoin with a permanent virus called segwit , which was the wrong way to do it...
satoshis vision is what we want and Bitcoin cash the coin that gives us it.
Also how do you think major upgrades are made in cryptocoins? ... hard forks m8

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
Mrpumperitis
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December 22, 2017, 03:54:01 PM
 #12413



Bitcoin Gold etc are not going around telling everyone that they are bitcoin

BTW I have some really nice Rolex's if your are interested only $50 brand new buy with BCH only counterfeit for counterfeit  Grin

 
tek why are you doing this?
you intentionally muddy the waters for the noobs....trust me all the big players know your agenda, its only the lil guys that get hurt by your misinfo on Bitcoin cash.

anyways i have something to ask you ....
if your sitting here trolling for free then, i suggest you join adams fulltime team of shills!

 Replying to @VinnyLingham @NConstantinos
https://twitter.com/adam3us/status/943876564856348673
facts do matter! that's the most frustrating thing about interacting with some folks - they create so much false narrative and FUD, and confusion that's it's a large teams full time job to debunk and disprove! if we had less confusion, we'd have less drama.


now what im thinking is...who here is part of this large adam team?...if you have the guts come out and admit it

are you one of adams "goons for hire"?  is it adam that gave you counterfiet BCH rolexs?  Cheesy

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
Mrpumperitis
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December 22, 2017, 03:57:33 PM
 #12414

271633 Unconfirmed Transactions Live updating list of new bitcoin transactions and growing at an incredible speed OMG
https://blockchain.info/unconfirmed-transactions


Nice noobie dump on BCH, they gonna cry  Grin
Im buying $2880, sweeeeeet ....averge down if it drops...dont sell your BCH....ACCUMULATE  Kiss

lmao this guy is absolutely clueless.
and as for you sweatyidiot....check and know who you talking about before commenting, could help you look less stupid in the future.

In the few weeks, ive called xrp from 25cents to over $1 , verge to new ath , komodo 2x within 24hours, and a few others

i have a mindspan longer than your goldfish brain....i look ahead...not 24hours ahead like you....i think ahead, weeks, months & yrs ahead...
go check my history then...stfu  Kiss

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
Goldennbit
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December 22, 2017, 04:06:14 PM
 #12415



I actually read the thread yesterday that you have put in your timeline. This is not theymos but the person who was complaining to them. They don't want the name bitcoin cash and you will get flagged for it. I don't see them complaining about bitcoin diamond or bitcoin gold

Only bitcoin cash because it is a direct competitor with bitcoin classic
wrong red...go back and re-read what theymos said in his comment,
the way he and other see it....only blockstream has the authority to control anything that happens with btc.core has done fk all for btc apart from cripple it..
Bitcoin cash devs have put bitcoin core devs to shame, core are liars
core should have hard forked yrs ago, instead of lying to us all, instead they infected bitcoin with a permanent virus called segwit , which was the wrong way to do it...
satoshis vision is what we want and Bitcoin cash the coin that gives us it.
Also how do you think major upgrades are made in cryptocoins? ... hard forks m8

why you talking segwit is virus. Without segwit implementation bitcoin could be much slower. That's one from way how to make bitcoin scalability again instead change of block size.
Mrpumperitis
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December 22, 2017, 04:11:17 PM
 #12416

^it is a virus

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
Mrpumperitis
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December 22, 2017, 04:41:16 PM
 #12417

 Erik Voorhees‏Verified account @ErikVoorhees
https://twitter.com/ErikVoorhees/status/944064084562952192
Fellow Bitcoiners, are you ever going to realize how problematic these fees are getting? Avg fees now over $40 per tx. A year ago avg fee was $4. A year prior, $0.40. Growing faster than price, and exponentially with usage. We just spent $4800 to move 15 BTC in one TX.


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
SweatyTroll
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December 22, 2017, 05:06:23 PM
 #12418

271633 Unconfirmed Transactions Live updating list of new bitcoin transactions and growing at an incredible speed OMG
https://blockchain.info/unconfirmed-transactions


Nice noobie dump on BCH, they gonna cry  Grin
Im buying $2880, sweeeeeet ....averge down if it drops...dont sell your BCH....ACCUMULATE  Kiss

lmao this guy is absolutely clueless.
and as for you sweatyidiot....check and know who you talking about before commenting, could help you look less stupid in the future.

In the few weeks, ive called xrp from 25cents to over $1 , verge to new ath , komodo 2x within 24hours, and a few others

i have a mindspan longer than your goldfish brain....i look ahead...not 24hours ahead like you....i think ahead, weeks, months & yrs ahead...
go check my history then...stfu  Kiss

Looks ahead but he didn't catch the coinbase announcement stating users who had BCH in Aug would have access to it now which may possibly push the price down a tiny bit no?  Good call @ buying around 3k though, solid foresight.   A very intelligent individual who called that people would value ripple @ more than 100 billion dollars LOLOLOL
Mrpumperitis
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December 22, 2017, 05:17:05 PM
 #12419

271633 Unconfirmed Transactions Live updating list of new bitcoin transactions and growing at an incredible speed OMG
https://blockchain.info/unconfirmed-transactions


Nice noobie dump on BCH, they gonna cry  Grin
Im buying $2880, sweeeeeet ....averge down if it drops...dont sell your BCH....ACCUMULATE  Kiss

lmao this guy is absolutely clueless.
and as for you sweatyidiot....check and know who you talking about before commenting, could help you look less stupid in the future.

In the few weeks, ive called xrp from 25cents to over $1 , verge to new ath , komodo 2x within 24hours, and a few others

i have a mindspan longer than your goldfish brain....i look ahead...not 24hours ahead like you....i think ahead, weeks, months & yrs ahead...
go check my history then...stfu  Kiss

Looks ahead but he didn't catch the coinbase announcement stating users who had BCH in Aug would have access to it now which may possibly push the price down a tiny bit no?  Good call @ buying around 3k though, solid foresight.   A very intelligent individual who called that people would value ripple @ more than 100 billion dollars LOLOLOL
ffs , your really making yourself look stupid  Cheesy
coinbase ...do you know they also said to thier users back in aug to withdraw their btc if they wanted bch?
your one of these captain hindsight trolls,lol...i bet you aint ever made a proper crypto call in your life...until after it happens  Cheesy
you sell on the top all the time and always buy at the bottom dont you...NOT  Cheesy

btw as for xrp..it was $100mill when i got in this yr march and i said it was going over $1 and over $40bill by end of this yr...it did Wink  so again ,stfu and go learn something other than trolling and making yourself look stupid...
unless you actually are...stupid lol


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
SweatyTroll
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December 22, 2017, 05:20:38 PM
 #12420

271633 Unconfirmed Transactions Live updating list of new bitcoin transactions and growing at an incredible speed OMG
https://blockchain.info/unconfirmed-transactions


Nice noobie dump on BCH, they gonna cry  Grin
Im buying $2880, sweeeeeet ....averge down if it drops...dont sell your BCH....ACCUMULATE  Kiss

lmao this guy is absolutely clueless.
and as for you sweatyidiot....check and know who you talking about before commenting, could help you look less stupid in the future.

In the few weeks, ive called xrp from 25cents to over $1 , verge to new ath , komodo 2x within 24hours, and a few others

i have a mindspan longer than your goldfish brain....i look ahead...not 24hours ahead like you....i think ahead, weeks, months & yrs ahead...
go check my history then...stfu  Kiss

Looks ahead but he didn't catch the coinbase announcement stating users who had BCH in Aug would have access to it now which may possibly push the price down a tiny bit no?  Good call @ buying around 3k though, solid foresight.   A very intelligent individual who called that people would value ripple @ more than 100 billion dollars LOLOLOL
ffs , your really making yourself look stupid  Cheesy
coinbase ...do you know they also said to thier users back in aug to withdraw their btc if they wanted bch?
your one of these captain hindsight trolls,lol...i bet you aint ever made a proper crypto call in your life...until after it happens  Cheesy
you sell on the top all the time and always buy at the bottom dont you...NOT  Cheesy

btw as for xrp..it was $100mill when i got in this yr march and i said it was going over $1 and over $40bill by end of this yr...it did Wink  so again ,stfu and go learn something other than trolling and making yourself look stupid...
unless you actually are...stupid lol

K you are actually retarded.
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