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Author Topic: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees  (Read 581591 times)
404Revolution
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December 27, 2017, 07:40:37 PM
 #12501

When I'm finally face to face with Greggory Maxwell I might just break his face with my fists.. and shoes...

I mean, what's a simple battery charge for something so rewarding?
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December 27, 2017, 09:28:12 PM
 #12502

Hello dear bitcoin cash comunity,
When will the swap from bitcoin to bitcoin cash happen? I haveheard of a friend of mine that the devs of btc are planing to shut btc down and swap the marketcap to bitcoin cash.

I heard off a friend that roger and jihan are on the verge of selling all their bcash because it has not fulfilled all the dreams and forefeight

fees are very high already, this is nothing close to what you could expect to use daily. no wonder bch is going down

This is some of the poorest trolling I've ever seen. BCH fees are a spec of dust on the skyscraper of BTC's fees.

And tek, you "heard from a friend"? LOL, that's so lame. Buddy I think it's time to accept that the ship has sailed. And you may want to consider dumping a little BTC before it really tanks...

BCH/BTC exchange rate is not bad now, it's not too late to join the future.



What worse than hearing from a friend that BTC is planning on shutting down and moving the marketcap to BCH

If you lot are gonna make up crap like this then why can't I ?

BTW have you caught this discussion with a Bcash shill https://www.youtube.com/watch?v=geVXGn4_JtQ it's a couple of hours long and quite painful to listen to but well worth the laugh
 

BRUH. You are confused. I'm not making anything up.  You were making sh*t up saying a "friend told you Roger and Jihan are selling all of their BCH". First of all that makes no sense, and secondly that's a groundless rumor.   

Regarding BTC "shutting down and moving marketcap to BCH", that's pretty much what's happening before our eyes. No need to make up rumors of what anybody heard from anybody else - just look at the charts and the stats. This isn't about egos anymore - BCH is the way forward and BTC is slowly dying in Wall St and Blockstream's hands.


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December 27, 2017, 10:08:24 PM
 #12503

Hello dear bitcoin cash comunity,
When will the swap from bitcoin to bitcoin cash happen? I haveheard of a friend of mine that the devs of btc are planing to shut btc down and swap the marketcap to bitcoin cash.

I heard off a friend that roger and jihan are on the verge of selling all their bcash because it has not fulfilled all the dreams and forefeight

fees are very high already, this is nothing close to what you could expect to use daily. no wonder bch is going down

This is some of the poorest trolling I've ever seen. BCH fees are a spec of dust on the skyscraper of BTC's fees.

And tek, you "heard from a friend"? LOL, that's so lame. Buddy I think it's time to accept that the ship has sailed. And you may want to consider dumping a little BTC before it really tanks...

BCH/BTC exchange rate is not bad now, it's not too late to join the future.



What worse than hearing from a friend that BTC is planning on shutting down and moving the marketcap to BCH

If you lot are gonna make up crap like this then why can't I ?

BTW have you caught this discussion with a Bcash shill https://www.youtube.com/watch?v=geVXGn4_JtQ it's a couple of hours long and quite painful to listen to but well worth the laugh
 

BRUH. You are confused. I'm not making anything up.  You were making sh*t up saying a "friend told you Roger and Jihan are selling all of their BCH". First of all that makes no sense, and secondly that's a groundless rumor.   

Regarding BTC "shutting down and moving marketcap to BCH", that's pretty much what's happening before our eyes. No need to make up rumors of what anybody heard from anybody else - just look at the charts and the stats. This isn't about egos anymore - BCH is the way forward and BTC is slowly dying in Wall St and Blockstream's hands.




Never said you in particular just the group in general and no its not happening not even in the slightest BCH has not gained any ground from the date it was released it just remained stale while BTC gained and gained and now has just made an artificial pump to play catchup.

Even McAfee one of the bigger supporters of Bcash has said that BTC is the best long term investment https://twitter.com/officialmcafee/status/945711235940737024 and I seem to remember you all saying KimDotCom was behind Bcash and would dump BTC to the ground yet he says different https://twitter.com/KimDotcom/status/942873633952645120 and https://twitter.com/KimDotcom/status/942874886711664641


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December 27, 2017, 10:19:43 PM
 #12504

NYSE has filed for 2 BTC ETF's ( market cap of 23 trillion) but no mention of bcash why?
I guess BCH is only regarded as a fork of bitcoin, even though it is the most successful one.

BCH is way better than BTC, even if Bitcin is still the king because of the huge community and the infrastructure. But is useless for daily use as I can't buy a coffee with it.. Is just a store of value. I hope that Bitcoin Cash will resolve this issue and that we all use BCH daily in the future.

have you checked waves.. its way more faster than BCH and BTC and even ETH

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shillberting
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December 27, 2017, 10:30:29 PM
 #12505

NYSE has filed for 2 BTC ETF's ( market cap of 23 trillion) but no mention of bcash why?
I guess BCH is only regarded as a fork of bitcoin, even though it is the most successful one.

BCH is way better than BTC, even if Bitcin is still the king because of the huge community and the infrastructure. But is useless for daily use as I can't buy a coffee with it.. Is just a store of value. I hope that Bitcoin Cash will resolve this issue and that we all use BCH daily in the future.

have you checked waves.. its way more faster than BCH and BTC and even ETH

Or how about the coins that are instant transaction and zero fees? Like Byteball, like RaiBlock, and like IOTA. These coins already have features that can overthrow BTC but yet they probably most likely won't. Same for BCH.
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December 27, 2017, 10:53:46 PM
 #12506

NYSE has filed for 2 BTC ETF's ( market cap of 23 trillion) but no mention of bcash why?
I guess BCH is only regarded as a fork of bitcoin, even though it is the most successful one.

BCH is way better than BTC, even if Bitcin is still the king because of the huge community and the infrastructure. But is useless for daily use as I can't buy a coffee with it.. Is just a store of value. I hope that Bitcoin Cash will resolve this issue and that we all use BCH daily in the future.

have you checked waves.. its way more faster than BCH and BTC and even ETH

Or how about the coins that are instant transaction and zero fees? Like Byteball, like RaiBlock, and like IOTA. These coins already have features that can overthrow BTC but yet they probably most likely won't. Same for BCH.

There is also Bitcoin Cash https://medium.com/@nopara73/presenting-bitcoin-cash-semi-centralized-bitcoin-pegged-scalable-instant-anonymous-electronic-7e5c65e464ca

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December 27, 2017, 11:02:24 PM
 #12507

You know what's real fast and easy to buy coffee with ? Visa/MasterCard..  plus it works EVERYWHERE.
 This is an alt coin board..stop shilling your core crap over here we are alts..not original. Grin
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December 27, 2017, 11:05:40 PM
 #12508

Hello dear bitcoin cash comunity,
When will the swap from bitcoin to bitcoin cash happen? I haveheard of a friend of mine that the devs of btc are planing to shut btc down and swap the marketcap to bitcoin cash.

I heard off a friend that roger and jihan are on the verge of selling all their bcash because it has not fulfilled all the dreams and forefeight

fees are very high already, this is nothing close to what you could expect to use daily. no wonder bch is going down

This is some of the poorest trolling I've ever seen. BCH fees are a spec of dust on the skyscraper of BTC's fees.

And tek, you "heard from a friend"? LOL, that's so lame. Buddy I think it's time to accept that the ship has sailed. And you may want to consider dumping a little BTC before it really tanks...

BCH/BTC exchange rate is not bad now, it's not too late to join the future.

I heard from Brian Armstrong  Conbase is going to de list BCH  for all the trouble it caused and then flopped like the limp dick Ver con.
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December 28, 2017, 04:41:41 AM
 #12509

I just find the name just so convenient.

This Bitcoin copy is not created on its merits, it NEEDS the name Bitcoin in it to give it legs. Ver has insisted on this in his mindless clip and my God he shows absolutely zero professionalism...ZERO.

If the coin was so good it could be called underpantsgnome coin or zip coin and survive on its own merits.

It seems to now have served its purpose at the expense of others, but benefited the antagonists.

Its only a matter of time it will sink back into obscurity and be the base of so many more memes, and if you had just used some individual name people would at least give the merit it deserves due to its individuality.

With all the FUD coming out about this Bcash with Coinbase and CNBC, its digging its own grave.

This all could have been avoided if an individual name was used, but now everyone can see the play on the name was deliberate, the collusion that then ensued as well, will end this clone.

BTW i got dibs on the underpantsgome coin so dont steal that!!!  Cheesy Grin


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Mrpumperitis
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December 28, 2017, 11:01:20 AM
 #12510

lots of  red as expected, but i dont think it wil last long, the market held very nicely above $500bill  Smiley


BCH is cheap now, im buying more. ...i see btc $$ coming into BCH.
...if it goes lower ill keep buying  Smiley

BCH is btc guys...the sooner everyone wakes up and realises the better.
Its the true fork, BCH forked 1 day before segwit infected and basically killed off the old slow btc chain.

btc was needing upgraded, the only way was to hardfork,however for the first time, the old fork kept the name and ticker...but for how long?

as more value & infrastructure comes into BCH , it will eventually become the true upgraded bitcoin  (cheaper,faster and private)
the old chain will fade away and will become an alt coin called segwit1x
 like when eth forked off from the dao and the old eth chain became etc while the new chain continued as eth.

BUY , ACCUMULATE AND HODL BCH
2018, 1 BCH= $25K+
  Cool 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
tekmobile
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December 28, 2017, 11:12:27 AM
 #12511

lots of  red as expected, but i dont think it wil last long, the market held very nicely above $500bill  Smiley


BCH is cheap now, im buying more. ...i see btc $$ coming into BCH.
...if it goes lower ill keep buying  Smiley

BCH is btc guys...the sooner everyone wakes up and realises the better.
Its the true fork, BCH forked 1 day before segwit infected and basically killed off the old slow btc chain.

btc was needing upgraded, the only way was to hardfork,however for the first time, the old fork kept the name and ticker...but for how long?

as more value & infrastructure comes into BCH , it will eventually become the true upgraded bitcoin  (cheaper,faster and private)
the old chain will fade away and will become an alt coin called segwit1x
 like when eth forked off from the dao and the old eth chain became etc while the new chain continued as eth.

BUY , ACCUMULATE AND HODL BCH
2018, 1 BCH= $25K+
  Cool Kiss


ETH Officially upgraded (Like SegWit) but a small group didn't like the upgrade (Like Bcash community) therefore released ETC (Like Bcash) causing a minority chain

The same happened when Bcash Upgraded (New DAA) a small group did not like the change (Clashic Community) therefore went of on their own (Bitcoin Clashic) causing a minority chain

Fun Fact the Clashic chain is now ahead of the Bcash chain in blocks but way behind in accumulated difficulty just the same as Bcash is ahead of Bitcoin in blocks but way behind in accumulated difficulty




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Mrpumperitis
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December 28, 2017, 11:19:23 AM
 #12512

lots of  red as expected, but i dont think it wil last long, the market held very nicely above $500bill  Smiley


BCH is cheap now, im buying more. ...i see btc $$ coming into BCH.
...if it goes lower ill keep buying  Smiley

BCH is btc guys...the sooner everyone wakes up and realises the better.
Its the true fork, BCH forked 1 day before segwit infected and basically killed off the old slow btc chain.

btc was needing upgraded, the only way was to hardfork,however for the first time, the old fork kept the name and ticker...but for how long?

as more value & infrastructure comes into BCH , it will eventually become the true upgraded bitcoin  (cheaper,faster and private)
the old chain will fade away and will become an alt coin called segwit1x
 like when eth forked off from the dao and the old eth chain became etc while the new chain continued as eth.

BUY , ACCUMULATE AND HODL BCH
2018, 1 BCH= $25K+
 Cool Kiss


ETH Officially upgraded (Like SegWit) but a small group didn't like the upgrade (Like Bcash community) therefore released ETC (Like Bcash) causing a minority chain

The same happened when Bcash Upgraded (New DAA) a small group did not like the change (Clashic Community) therefore went of on their own (Bitcoin Clashic) causing a minority chain

Fun Fact the Clashic chain is now ahead of the Bcash chain in blocks but way behind in accumulated difficulty just the same as Bcash is ahead of Bitcoin in blocks but way behind in accumulated difficulty




wrong wrong wrong
Firstly segwit is not an upgrade,. we have discussed this many times, you know its not.
trust me, i know exactly what happned with eth and how etc came about, i was in the thick of it...check me old posts if you want.
eth forked and took its name with it, etc kept the old chain but not the name.

you still havent told me if your part of adams shill team?
tbh im convinced you are somehow involved with blockstream, you have been here from day1 in this thread only and never have anything positive to say for BCH..why?
who the fk spends 4months daily on a thread to fud?  
are you adam? lols   im mean you could be , i hear gmaxwell is lauda. is this what you guys do instead of working as devs...you troll forums fulltime?

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 28, 2017, 11:25:35 AM
 #12513

lots of  red as expected, but i dont think it wil last long, the market held very nicely above $500bill  Smiley


BCH is cheap now, im buying more. ...i see btc $$ coming into BCH.
...if it goes lower ill keep buying  Smiley

BCH is btc guys...the sooner everyone wakes up and realises the better.
Its the true fork, BCH forked 1 day before segwit infected and basically killed off the old slow btc chain.

btc was needing upgraded, the only way was to hardfork,however for the first time, the old fork kept the name and ticker...but for how long?

as more value & infrastructure comes into BCH , it will eventually become the true upgraded bitcoin  (cheaper,faster and private)
the old chain will fade away and will become an alt coin called segwit1x
 like when eth forked off from the dao and the old eth chain became etc while the new chain continued as eth.

BUY , ACCUMULATE AND HODL BCH
2018, 1 BCH= $25K+
 Cool Kiss


ETH Officially upgraded (Like SegWit) but a small group didn't like the upgrade (Like Bcash community) therefore released ETC (Like Bcash) causing a minority chain

The same happened when Bcash Upgraded (New DAA) a small group did not like the change (Clashic Community) therefore went of on their own (Bitcoin Clashic) causing a minority chain

Fun Fact the Clashic chain is now ahead of the Bcash chain in blocks but way behind in accumulated difficulty just the same as Bcash is ahead of Bitcoin in blocks but way behind in accumulated difficulty




wrong wrong wrong
trust me, i know exactly what happned with eth and how etc came about, i was in the thick of it...check me old posts if you want.
eth forked and took its name with it, etc kept the old chain but not the name.

you still havent told me if your part of adams shill team?
tbh im convinced you are somehow involved with blockstream, you have been here from day1 in this thread only and never have anything positive to say for BCH..why?
who the fk spends 4months daily on a thread to fud?  
are you adam? lols   im mean you could be , i hear gmaxwell is lauda. is this what you guys do instead of working as devs...you troll forums fulltime?

Yes ETH forked and took the name but it was an official fork just like when Bcash went with the new DAA and left clashic the point was it was official and not some disgruntled miners

I have nothing to do with blockstream and im far from here daily ive barely been here recently and in the time ive not this place has been pretty much dead

It's already been proved over and over that miners are fueled by mining whatever coin is most profitable so ask yourself WHY would the miners try and fork off to a coin that reduces fees to nothing (their profits) without an alternative motive behind it


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December 28, 2017, 11:26:07 AM
 #12514


Great article. The only thing I’d mention is that ASICBOOST is neither patented nor discovered by Jihan/Bitmain. Timo Hanke and Sergio Lerner hold the patent, and Bitmain used it without their knowledge or approval.




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Mrpumperitis
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December 28, 2017, 11:34:55 AM
 #12515

lots of  red as expected, but i dont think it wil last long, the market held very nicely above $500bill  Smiley


BCH is cheap now, im buying more. ...i see btc $$ coming into BCH.
...if it goes lower ill keep buying  Smiley

BCH is btc guys...the sooner everyone wakes up and realises the better.
Its the true fork, BCH forked 1 day before segwit infected and basically killed off the old slow btc chain.

btc was needing upgraded, the only way was to hardfork,however for the first time, the old fork kept the name and ticker...but for how long?

as more value & infrastructure comes into BCH , it will eventually become the true upgraded bitcoin  (cheaper,faster and private)
the old chain will fade away and will become an alt coin called segwit1x
 like when eth forked off from the dao and the old eth chain became etc while the new chain continued as eth.

BUY , ACCUMULATE AND HODL BCH
2018, 1 BCH= $25K+
 Cool Kiss


ETH Officially upgraded (Like SegWit) but a small group didn't like the upgrade (Like Bcash community) therefore released ETC (Like Bcash) causing a minority chain

The same happened when Bcash Upgraded (New DAA) a small group did not like the change (Clashic Community) therefore went of on their own (Bitcoin Clashic) causing a minority chain

Fun Fact the Clashic chain is now ahead of the Bcash chain in blocks but way behind in accumulated difficulty just the same as Bcash is ahead of Bitcoin in blocks but way behind in accumulated difficulty




wrong wrong wrong
trust me, i know exactly what happned with eth and how etc came about, i was in the thick of it...check me old posts if you want.
eth forked and took its name with it, etc kept the old chain but not the name.

you still havent told me if your part of adams shill team?
tbh im convinced you are somehow involved with blockstream, you have been here from day1 in this thread only and never have anything positive to say for BCH..why?
who the fk spends 4months daily on a thread to fud?  
are you adam? lols   im mean you could be , i hear gmaxwell is lauda. is this what you guys do instead of working as devs...you troll forums fulltime?

Yes ETH forked and took the name but it was an official fork just like when Bcash went with the new DAA and left clashic the point was it was official and not some disgruntled miners

I have nothing to do with blockstream and im far from here daily ive barely been here recently and in the time ive not this place has been pretty much dead


eth fork was official because the community was and is behind the great dev team and its a combined effort to make eth hardforks work smoothly.

btc hardfork was not easy with so many factions in the whole community and no natural leader(satoshi gone)
blockstream were given a chance, they were given time...in the end no one is happy about what the have done to btc.
It will take a bit off time but eventually everyone will understand how and why forks are essential to crypto upgrades...
and if the newer fork has a bigger community backing then it gets the old forks..name,value and infrastructure....as it always has been on all crypto coins.

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
tekmobile
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December 28, 2017, 11:40:33 AM
 #12516

lots of  red as expected, but i dont think it wil last long, the market held very nicely above $500bill  Smiley


BCH is cheap now, im buying more. ...i see btc $$ coming into BCH.
...if it goes lower ill keep buying  Smiley

BCH is btc guys...the sooner everyone wakes up and realises the better.
Its the true fork, BCH forked 1 day before segwit infected and basically killed off the old slow btc chain.

btc was needing upgraded, the only way was to hardfork,however for the first time, the old fork kept the name and ticker...but for how long?

as more value & infrastructure comes into BCH , it will eventually become the true upgraded bitcoin  (cheaper,faster and private)
the old chain will fade away and will become an alt coin called segwit1x
 like when eth forked off from the dao and the old eth chain became etc while the new chain continued as eth.

BUY , ACCUMULATE AND HODL BCH
2018, 1 BCH= $25K+
 Cool Kiss


ETH Officially upgraded (Like SegWit) but a small group didn't like the upgrade (Like Bcash community) therefore released ETC (Like Bcash) causing a minority chain

The same happened when Bcash Upgraded (New DAA) a small group did not like the change (Clashic Community) therefore went of on their own (Bitcoin Clashic) causing a minority chain

Fun Fact the Clashic chain is now ahead of the Bcash chain in blocks but way behind in accumulated difficulty just the same as Bcash is ahead of Bitcoin in blocks but way behind in accumulated difficulty




wrong wrong wrong
trust me, i know exactly what happned with eth and how etc came about, i was in the thick of it...check me old posts if you want.
eth forked and took its name with it, etc kept the old chain but not the name.

you still havent told me if your part of adams shill team?
tbh im convinced you are somehow involved with blockstream, you have been here from day1 in this thread only and never have anything positive to say for BCH..why?
who the fk spends 4months daily on a thread to fud?  
are you adam? lols   im mean you could be , i hear gmaxwell is lauda. is this what you guys do instead of working as devs...you troll forums fulltime?

Yes ETH forked and took the name but it was an official fork just like when Bcash went with the new DAA and left clashic the point was it was official and not some disgruntled miners

I have nothing to do with blockstream and im far from here daily ive barely been here recently and in the time ive not this place has been pretty much dead


eth fork was official because the community was and is behind the great dev team and its a combined effort to make eth hardforks work smoothly.

btc hardfork was not easy with so many factions in the whole community and no natural leader(satoshi gone)
blockstream were given a chance, they were given time...in the end no one is happy about what the have done to btc.
It will take a bit off time but eventually everyone will understand how and why forks are essential to crypto upgrades...
and if the newer fork has a bigger community backing then it gets the old forks..name,value and infrastructure....as it always has been on all crypto coins.


Why did you feel the need to cut this line from my replies and totally ignore it like it was not there ?

It's already been proved over and over that miners are fueled by mining whatever coin is most profitable so ask yourself WHY would the miners try and fork off to a coin that reduces fees to nothing (their profits) without an alternative motive behind it

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Mrpumperitis
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December 28, 2017, 11:43:38 AM
 #12517

^
ididnt cut anything lol,
where did you say it before? lol
ahh i see it now...BECAUSE YOU FKN EDITED IT AFTER I QUOTED YOU ...duh
reduces fees to nothing....you talking about segwit?lightining ?thunder?

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
tekmobile
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December 28, 2017, 11:56:23 AM
 #12518

^
ididnt cut anything lol,
where did you say it before? lol
ahh i see it now...BECAUSE YOU FKN EDITED IT AFTER I QUOTED YOU ...duh
reduces fees to nothing....you talking about segwit?lightining ?thunder?

I added it straight away and you replied like 5 mins after I edited that's why I asked

No im talking about you all going on about sub cent fees which last I checked Bcash was now up to 10c per transaction on average so rising already but once block rewards have gone 99% will be gone in 10 years then all miners can earn are fees and with such low fees the miners won't earn anything so why would miners that are incentified by rewards push for a chain that will be dropping their mining rewards without alternative motives

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:3KdHduT34Nk2MdYEfmoprDtLBhSGNLRk57), (BCH:12XwRDVs6ESNURAXQtKtnWBB79TGmWerP7), (ZEC:t1TTUuT71uQQAKfarKv2frFR54KLrVDw3KZ)(LTC:MPabK2gcSnct7KjVhrWTT8Tdu3MJamdLDy), (BTG: AJqF95poirX2We5HYYYUWHY9iAmJqBg2e2)
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Mrpumperitis
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Activity: 882
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December 28, 2017, 12:25:51 PM
 #12519

^
ididnt cut anything lol,
where did you say it before? lol
ahh i see it now...BECAUSE YOU FKN EDITED IT AFTER I QUOTED YOU ...duh
reduces fees to nothing....you talking about segwit?lightining ?thunder?

I added it straight away and you replied like 5 mins after I edited that's why I asked

No im talking about you all going on about sub cent fees which last I checked Bcash was now up to 10c per transaction on average so rising already but once block rewards have gone 99% will be gone in 10 years then all miners can earn are fees and with such low fees the miners won't earn anything so why would miners that are incentified by rewards push for a chain that will be dropping their mining rewards without alternative motives

so your saying, when btc/bch stops being mined the miners need high fees...this is a blockstream saying from a while back, i remember it well.
they give us high fees now to prepare us for when the blocks stop getting mined..like in 100years time i think, not 10yrs.
basically what you are calling a problem isnt a problem for a very very long time.

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
tekmobile
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Activity: 294
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December 28, 2017, 12:43:01 PM
 #12520

^
ididnt cut anything lol,
where did you say it before? lol
ahh i see it now...BECAUSE YOU FKN EDITED IT AFTER I QUOTED YOU ...duh
reduces fees to nothing....you talking about segwit?lightining ?thunder?

I added it straight away and you replied like 5 mins after I edited that's why I asked

No im talking about you all going on about sub cent fees which last I checked Bcash was now up to 10c per transaction on average so rising already but once block rewards have gone 99% will be gone in 10 years then all miners can earn are fees and with such low fees the miners won't earn anything so why would miners that are incentified by rewards push for a chain that will be dropping their mining rewards without alternative motives

so your saying, when btc/bch stops being mined the miners need high fees...this is a blockstream saying from a while back, i remember it well.
they give us high fees now to prepare us for when the blocks stop getting mined..like in 100years time i think, not 10yrs.
basically what you are calling a problem isnt a problem for a very very long time.

No I said 99% will be gone in 10 years with the further 1% going over the next 100 years were at about 80% now

So there are several possible outcomes

1. The fees will start getting really high really fast (Unlikely with unlimited blockspace as proposed)
2. Miners just start abandoning for the higher profitability coin and leave BCH weak and dying or refusing to mine low fee transactions forcing higher fees
3. With unlimited blocks and more centralised nodes in the hands of the miners they will force a higher total supply printing money at will inflating way past the 21m cap (Possible)

The miners/creators of BCH are not thinking about long term just what they can get now and as fast as possible

What are your thoughts on when the mining rewards start dwindling away and relying on fees what will happen


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