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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 638102 times)
classicsucks
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March 27, 2018, 10:10:00 AM
 #14061

Maybe it's time to sell my Bitcoin Cash, at a loss ?

Bitcoin’s SegWit Alone is Outnumbering All Bitcoin Cash Transactions.
SegWit transaction capacity increase compared to Bitcoin Cash Since the launch of Bitcoin Cash in August 2017, around 6.1 million SegWit transactions have taken place, 20.1% more than the cumulative number of Bitcoin Cash transactions in the period.
http://bitcoinist.com/segwit-outnumber-bitcoin-cash-transactions/


Same thing I heard from the Core minions when the BCH price was $300.

People thinking they are so smart moving all of their coins to magic Segwit addresses fail to realize that they will miss out on any further Bitcoin Kore forked coin airdrops... and just wait until the mempool starts filling up again. Segwit won't make a bit of difference.

We waited 18 months 3 times, for Lightning. And sure enough, it sucks!

I suppose you think the number of BCH transactions will go down and BTC transactions will increase? Pretty much the opposite of what is happening right now...
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classicsucks
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March 27, 2018, 10:16:30 AM
 #14062


Meanwhile in the real world

https://youtu.be/ckYGyhbovrg

I understand this may be a bit difficult for you to grasp but it's not that hard

Dude, now you're shilling for patented Blockstream technology?!  You really should ask to get paid if you're not - at this point you're one of the few fans Blockstream has left!

Didn't you hear that another key dev at BS quit today? Rats leaving a sinking ship...

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March 27, 2018, 12:48:56 PM
 #14063

Umpf

https://localbitcoincash.org/news/18/LocalBitcoinCash_Drops_Support_For_BTC_And_LTC

No LNCoin ?

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.
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March 27, 2018, 01:02:15 PM
 #14064

Waiting for support at $780.

LoveKamil
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March 27, 2018, 02:50:11 PM
 #14065

Hello everyone! heard the news that one of the world's largest cryptocurrency exchanges Coinbase announced its intention in the coming months to implement support for the Ethereum erc20 technical standard on its platform. Coinbase currently supports 4 cryptocurrencies: bitcoin, Litecoin, Ethereum and BCash. will this affect their growth?
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March 27, 2018, 03:14:03 PM
 #14066


Meanwhile in the real world

https://youtu.be/ckYGyhbovrg

I understand this may be a bit difficult for you to grasp but it's not that hard

Dude, now you're shilling for patented Blockstream technology?!  You really should ask to get paid if you're not - at this point you're one of the few fans Blockstream has left!

Didn't you hear that another key dev at BS quit today? Rats leaving a sinking ship...



it's open source freely available on GitHub for anyone to just download and use/modify/copy/do whatever

I swear the stupidity in here is getting worse are you just butthurt or something or just plain ignorant to what's going off on Bcash

hv_
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March 27, 2018, 03:27:24 PM
 #14067

In order to safe you ^ I'd recommend you leave, otherwise you might fall into same kind of 'stupidity'.

Anyway - good things are developed for Bitcoin Cash and the light comes from these things all together.

No artificial short living (destroying?) lightening needed to see that.

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.
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March 27, 2018, 03:49:13 PM
Last edit: March 27, 2018, 04:29:49 PM by tekmobile
Merited by mindrust (1)
 #14068

In order to safe you ^ I'd recommend you leave, otherwise you might fall into same kind of 'stupidity'.

Anyway - good things are developed for Bitcoin Cash and the light comes from these things all together.

No artificial short living (destroying?) lightening needed to see that.

I only hang around here for a laugh so don't worry I don't take anything anyone says here seriously I just leave facts and proof of real world work and results from real world experiences from real world people

It's much more useful than

Bitcoin cash is Bitcoin (It's not)
Buy BCH (Just bad advise)
Hey look at this great new article from (the Bcash Pushers)
The Flippening (Never happened)
Dragonslayer (Never happened)
Joke of a conference (sponcered by Bcash Pushers)
SegwitCoin (does not exist)
LNcoin (does not exist)
Segwit Coins will get stolen (Never Happened)

Bitcoin is built on a solid codebase supported by the best developers from all around the world and needs no advertising


Bitcoin Cash is controlled by a few shady characters that all collude together like the bunch of criminal conmen they are and built of marketing and manipulation

Sam123
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March 27, 2018, 04:20:22 PM
 #14069

Hi Comnunity,

I just discovered the article below and I would like to share it with you
Bitmain has already developed an ASIC for mining Ethereum.
https://www.barrons.com/articles/amd-nvidia-at-risk-from-wave-of-new-custom-chips-says-susquehanna-1522082860
Any comments?
STT
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March 27, 2018, 04:39:43 PM
 #14070

AMD and Nvidia are not in the business of mining crypto.   Thats some secondary purpose employed by home users mostly, both companies have shyed away from relying on this source of demand long term.  The main concern is efficiency compared to other methods.   There is some overlap in purpose by business both companies do address which is deep learning and AI in parallel computing, any drop in demand for crypto should be taken up by this industry sector which allegedly has growth maybe even beyond crypto.

I really think AMD and Nvidia were both focused elsewhere in their business plans.    Ethereum itself may yet switch to Proof of stake as a more long term viable solution to mining costs, I think their fees are already too high and the speed of the network not impressive.

I'm not sure how that will affect BCH exactly as GPU is not used to mine this but I guess every opposing crypto protocol has some influence on supply and demand.  ASIC may improve efficiency for ETH which helps their case but they will still lag POW unless they take POS which is quite a radical step sideways.   The main reason to use ETH and not one of the POW coins is still the contract capability of the coin, this demand flow probably has the largest influence on that price.  Its possible less miners in ETH may help BCH price some as its a cheaper more natural alternative

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..WIN WITH US!..
Johnny00
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March 27, 2018, 04:41:22 PM
 #14071

In order to safe you ^ I'd recommend you leave, otherwise you might fall into same kind of 'stupidity'.

Anyway - good things are developed for Bitcoin Cash and the light comes from these things all together.

No artificial short living (destroying?) lightening needed to see that.

I only hang around here for a laugh so don't worry I don't take anything anyone says here seriously I just leave facts and proof of real world work and results from real world experiences from real world people

It's much more useful than

Bitcoin cash is Bitcoin (It's not)
Buy BCH (Just bad advise)
Hey look at this great new article from (the Bcash Pushers)
The Flippening (Never happened)
Dragonslayer (Never happened)
Joke of a conference (sponcered by Bcash Pushers)
SegwitCoin (does not exist)
LNcoin (does not exist)
Segwit Coins will get stolen (Never Happened)

Bitcoin is built on a solid codebase supported by the best developers from all around the world and needs no advertising


Bitcoin Cash is controlled by a few shady characters that all collude together like the bunch of criminal conmen they are and built of marketing and manipulation



+1

and now that bitcoin fees are cheap again. who needs Bcash?


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March 27, 2018, 05:28:44 PM
 #14072

We heard little bit coin money was created as well as funded through the bankers in order to take bitcoin off the pot, so they can adjust the market much more.
startgg
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March 27, 2018, 05:36:29 PM
 #14073

Hi Comnunity,

I just discovered the article below and I would like to share it with you
Bitmain has already developed an ASIC for mining Ethereum.
https://www.barrons.com/articles/amd-nvidia-at-risk-from-wave-of-new-custom-chips-says-susquehanna-1522082860
Any comments?


It's interesting. Shocked
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March 27, 2018, 06:09:27 PM
 #14074

There have been several hints now that the BCH 21m cap will be removed in future versions

Nothing official has been said but the people pushing it have mentioned a few things now that make it sound like it was a bad idea

Even at the Satoshi conference it was asked about the 21m cap and CSW response was he don't know and something about bad ideas and alcohol and drugs

Just say the 21m cap did get scrapped to pay the miners in order to keep low to no fees

What are your thoughts on this would you still support BCH of the cap was removed ?
theleaf
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March 27, 2018, 07:05:19 PM
 #14075

There have been several hints now that the BCH 21m cap will be removed in future versions

Nothing official has been said but the people pushing it have mentioned a few things now that make it sound like it was a bad idea

Even at the Satoshi conference it was asked about the 21m cap and CSW response was he don't know and something about bad ideas and alcohol and drugs

Just say the 21m cap did get scrapped to pay the miners in order to keep low to no fees

What are your thoughts on this would you still support BCH of the cap was removed ?

If cap remove, then there would me more than 21mil bch? this could cause inflation?

hv_
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March 27, 2018, 07:29:39 PM
 #14076

There have been several hints now that the BCH 21m cap will be removed in future versions

Nothing official has been said but the people pushing it have mentioned a few things now that make it sound like it was a bad idea

Even at the Satoshi conference it was asked about the 21m cap and CSW response was he don't know and something about bad ideas and alcohol and drugs

Just say the 21m cap did get scrapped to pay the miners in order to keep low to no fees

What are your thoughts on this would you still support BCH of the cap was removed ?

If cap remove, then there would me more than 21mil bch? this could cause inflation?

Illogic desperate troll FUD.  Why would anyone want that?


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.
tekmobile
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March 27, 2018, 07:34:45 PM
 #14077

There have been several hints now that the BCH 21m cap will be removed in future versions

Nothing official has been said but the people pushing it have mentioned a few things now that make it sound like it was a bad idea

Even at the Satoshi conference it was asked about the 21m cap and CSW response was he don't know and something about bad ideas and alcohol and drugs

Just say the 21m cap did get scrapped to pay the miners in order to keep low to no fees

What are your thoughts on this would you still support BCH of the cap was removed ?

If cap remove, then there would me more than 21mil bch? this could cause inflation?

Illogic desperate troll FUD.  Why would anyone want that?



That's what I'm asking if it was to happen to support the miners would you still support BCH ?

It's nothing more than a question
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March 27, 2018, 08:10:29 PM
 #14078

Not a smart move to change the rules after the distribution of the majority of coins.   Really you are talking about asset value destruction to do such a thing, so really would miners actually get paid more.   They'd likely receive less value unless the coin was valued as highly.   Its quite obvious short term the value would fall and its quite hard to argue for a long term benefit to allowing such a change.

I'd rating that one as pretty unlikely unless there was further details given.   I'm sure BCH will vary conditions but its under such scrutiny that they need to justify utility in any change.

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March 27, 2018, 08:37:04 PM
 #14079

There have been several hints now that the BCH 21m cap will be removed in future versions

Yes - hints and allegations by core/blockstream shills. I see you are trying to earn your keep.

Quote
Nothing official has been said but the people pushing it have mentioned a few things now that make it sound like it was a bad idea

Even at the Satoshi conference it was asked about the 21m cap and CSW response was he don't know and something about bad ideas and alcohol and drugs

1) You realize CSW is not a leading miner, right?

2) Tek: "nothing... that make it sound like it was a bad idea"; CSW: "bad idea". Cognitive dissonance much?

Quote
Just say the 21m cap did get scrapped to pay the miners in order to keep low to no fees

What are your thoughts on this would you still support BCH of the cap was removed ?

If the Bitcoin Segwit miners were to abandon the 21M cap, would you still support BTC? You realize they are the same pool of eligible entities, right?

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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March 27, 2018, 08:47:58 PM
 #14080

There have been several hints now that the BCH 21m cap will be removed in future versions

Yes - hints and allegations by core/blockstream shills. I see you are trying to earn your keep.

Quote
Nothing official has been said but the people pushing it have mentioned a few things now that make it sound like it was a bad idea

Even at the Satoshi conference it was asked about the 21m cap and CSW response was he don't know and something about bad ideas and alcohol and drugs

1) You realize CSW is not a leading miner, right?

2) Tek: "nothing... that make it sound like it was a bad idea"; CSW: "bad idea". Cognitive dissonance much?

Quote
Just say the 21m cap did get scrapped to pay the miners in order to keep low to no fees

What are your thoughts on this would you still support BCH of the cap was removed ?

If the Bitcoin Segwit miners were to abandon the 21M cap, would you still support BTC? You realize they are the same pool of eligible entities, right?

I will answer and NO I would not support if the 21m cap was scrapped but this won't happen the miners do not control BTC

While this is not the case with BCH the miners are the one in control and by allowing then to be the only ones that can run abnide you cannot stop them
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