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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 695325 times)
nutildah
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January 07, 2019, 03:55:36 AM
 #17841


For others unlucky enough to join at the high, it was a most unfortunate event and 80% has proven to be intolerable for many of them.

Sorry, 80% losses are never just fine.

It was a risk assumed by those willing to invest in something up over 1000% in the last 2 years. Despite 2018's heavy decline BTC is still up 320% over the last 2 years, making it one of the best performing asset categories within the same time frame.

Besides, compared to all other cryptocurrencies, BTC is kicking butt. None of your altcoins have performed better.

Kicking butt implies making profit.

Fact is all coins profits are in the shitter right now.

Despite 2018's heavy decline BTC is still up 320% over the last 2 years, making it one of the best performing asset categories within the same time frame.

Within a 2 year time frame, it is extremely profitable, moreso than any traditional investment class. You got in late in the game. Like I said before, its on you for deciding to buy into an asset that was already up 1000% in the last year.





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January 07, 2019, 06:33:07 AM
Last edit: January 07, 2019, 06:49:25 AM by Zin-Zang
 #17842


For others unlucky enough to join at the high, it was a most unfortunate event and 80% has proven to be intolerable for many of them.

Sorry, 80% losses are never just fine.

It was a risk assumed by those willing to invest in something up over 1000% in the last 2 years. Despite 2018's heavy decline BTC is still up 320% over the last 2 years, making it one of the best performing asset categories within the same time frame.

Besides, compared to all other cryptocurrencies, BTC is kicking butt. None of your altcoins have performed better.

Kicking butt implies making profit.

Fact is all coins profits are in the shitter right now.

Despite 2018's heavy decline BTC is still up 320% over the last 2 years, making it one of the best performing asset categories within the same time frame.

Within a 2 year time frame, it is extremely profitable, moreso than any traditional investment class. You got in late in the game. Like I said before, its on you for deciding to buy into an asset that was already up 1000% in the last year.



Maybe someone will believe you , if the btc miners quit going bankrupt.   Cheesy
 Kiss
LOL, maybe you can explain to them why they are not really broke.  Cheesy Cheesy Cheesy

FYI:
Other Assets don't require an ever increasing input cost , just to make sure the asset does not die,
btc requires an ever increasing input costs, more asics, more warehouse space, more cooling , more energy.
BTC is the ultimate shit coin as they have totally given up on increasing their onchain transaction capacity.
Offchain is for devs that are too incompetent to improve a coin.

At least with BCH & BSV their is the potential for the miners to survive with onchain transaction fees,

btc is just pathetic for any real future economic profits, it's best days are behind it.

I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
nutildah
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January 07, 2019, 08:47:58 AM
 #17843


Maybe someone will believe you , if the btc miners quit going bankrupt.   Cheesy
 Kiss
LOL, maybe you can explain to them why they are not really broke.  Cheesy Cheesy Cheesy

FYI:
Other Assets don't require an ever increasing input cost , just to make sure the asset does not die,
btc requires an ever increasing input costs, more asics, more warehouse space, more cooling , more energy.

Not true. The hash rate decreased significantly over the last 2 months, bringing down mining costs along with it Ergo, you're wrong yet again. Might as well move the goalposts again.

Hmm... Somehow transactions keep getting added to the bitcoin blockchain... Is it ghost miners or... who's doing it exactly?

BTC is the ultimate shit coin as they have totally given up on increasing their onchain transaction capacity.
Offchain is for devs that are too incompetent to improve a coin.

Still the most popular coin by far. You and people like you have been relying on "yeah but things will be different in the future" for over a year now, and what has happened in a year? Not much -- BTC is still the most popular coin, by a long shot. You can be angry at Lightning Network all that you want, it really doesn't matter, just like anything else you have to say.

At least with BCH & BSV their is the potential for the miners to survive with onchain transaction fees,

Transaction fees are just a tiny fragment of the overall block reward. Bitcoin won't stop being mined for another 100 years so I have to ask again, what are you talking about??






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alevlaslo
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January 07, 2019, 08:49:02 AM
 #17844


For others unlucky enough to join at the high, it was a most unfortunate event and 80% has proven to be intolerable for many of them.

Sorry, 80% losses are never just fine.

It was a risk assumed by those willing to invest in something up over 1000% in the last 2 years. Despite 2018's heavy decline BTC is still up 320% over the last 2 years, making it one of the best performing asset categories within the same time frame.

Besides, compared to all other cryptocurrencies, BTC is kicking butt. None of your altcoins have performed better.


And yet , it is mostly the BTC miners declaring bankruptcy.
It is kicking the miners butt all the way to the poor house.  Wink

Many Altcoin stakers are able to weather their price drops without declaring bankruptcy.   Smiley
Imagine that. Sustainability , input costs matter.

 Cool

I keep proving you wrong, you keep shifting the goalposts. Nobody said anything about BTC miners but you. I don't care about the bankruptcy of BTC miners and I sincerely doubt you do either.

Many altcoin stakers saw the value of their stake plummet 95%... If you want to earn via PoS you have to have a fat share of immovable coins. Not sure where you're going with this...

volatility is a consequence of small capitalization, but not quality. The harder you fell, the more will grow

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cool4y
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January 07, 2019, 09:15:55 AM
 #17845

Do you know when a coin is dead? When even the firmest supporters abandon the ship. BCH is exactly in this situation. No one actually cares and shills this failed fork
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January 07, 2019, 10:21:04 AM
Last edit: January 07, 2019, 10:37:02 AM by mindrust
Merited by nutildah (1)
 #17846


volatility is a consequence of small capitalization, but not quality. The harder you fell, the more will grow

By this logic you are proabbly hoarding as much Bitconnect as you can now.

Let's face it, bcash is a failed project and main promoters of bcash are scammers. In fact at some point, bcash had too many scammers (Jihan, Ver, Craig etc) concentrated at 1 point, they had to fork off because they started to scam each other.




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January 07, 2019, 11:14:49 AM
 #17847

great position to buy now








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January 07, 2019, 11:18:50 AM
 #17848


volatility is a consequence of small capitalization, but not quality. The harder you fell, the more will grow

By this logic you are proabbly hoarding as much Bitconnect as you can now.

Let's face it, bcash is a failed project and main promoters of bcash are scammers. In fact at some point, bcash had too many scammers (Jihan, Ver, Craig etc) concentrated at 1 point, they had to fork off because they started to scam each other.

Jihan and Ver are good people, I trust them

Sale of the first NFT of the first foto in the world https://app.airnfts.com/nft/The_first_foto_1626249424701
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January 07, 2019, 12:38:11 PM
 #17849


volatility is a consequence of small capitalization, but not quality. The harder you fell, the more will grow

By this logic you are proabbly hoarding as much Bitconnect as you can now.

Let's face it, bcash is a failed project and main promoters of bcash are scammers. In fact at some point, bcash had too many scammers (Jihan, Ver, Craig etc) concentrated at 1 point, they had to fork off because they started to scam each other.

Jihan and Ver are good people, I trust them

U are lost. In Bitcoin u should not trust ppl

https://www.ccn.com/shots-fired-craig-wright-calls-bitcoin-evangelist-andreas-antonopoulos-shtcoin-expert/

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January 07, 2019, 02:16:44 PM
 #17850

Finally I agree with Cobra on something.

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January 07, 2019, 06:47:09 PM
 #17851

Transaction fees are just a tiny fragment of the overall block reward. Bitcoin won't stop being mined for another 100 years so I have to ask again, what are you talking about??

Exactly , and the cost of mining is exceeding the price per coin ,
which means if the miners can't make up the difference in transaction fees,
neither they or the network can survive.

Which means higher onchain capacity is directly necessary to the network/miners survival.




I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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January 07, 2019, 07:33:21 PM
 #17852


For others unlucky enough to join at the high, it was a most unfortunate event and 80% has proven to be intolerable for many of them.

Sorry, 80% losses are never just fine.

It was a risk assumed by those willing to invest in something up over 1000% in the last 2 years. Despite 2018's heavy decline BTC is still up 320% over the last 2 years, making it one of the best performing asset categories within the same time frame.

Besides, compared to all other cryptocurrencies, BTC is kicking butt. None of your altcoins have performed better.

BSV has  Wink

Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
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January 07, 2019, 07:56:36 PM
 #17853

Whats the real bitcoin cash ?

 Huh

 I liked bitcoin cash. And in some ways thought of it as the real bitcoin. But Is Bitcoin ABC following Satoshi vision or is Bitcoin satoshi vision following satoshi vision?

I'm actually serious, though having fun with it too. But still. I assume bitcoin ABC is pretty much bitcoin cash? what does it stand for, in a nutshell, I mean apart from onchain scaling. Why did part f the community fork off to make SV? Which is the real deal?  Whats the difference in laymans terms?

I liked bitcoin cash (as I said), but now hold bitcoin cash and bitcoin sv and dont really know which to support or really what the difference is, ideologically speaking
Both are mostly supporting the original vision for bitcoin.
But since the battle for the Bitcoin name was lost, I think Mike Hearn advised the community to be brave and make drastic changes in order to severely outcompete the rest of the crypto market. And that's what the Bitcoin Cash community is doing with Avalanche, tokenization, anonymity, oracles, etc...
BSV is mostly aimed at being an exact copy of Bitcoin 0.1, hoping that hardware improvements and increased investments will make up for the sub-optimal code.
Both roadmaps deserve respect when taken out of context. But since BSV is run by scammers I wouldn't touch it, personally. Maybe a few as a risky investment (scammers are willing to pump and dump, maybe you can catch a pump) - but I don't believe it the coin's fundamentals.

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January 07, 2019, 07:57:45 PM
 #17854


For others unlucky enough to join at the high, it was a most unfortunate event and 80% has proven to be intolerable for many of them.

Sorry, 80% losses are never just fine.

It was a risk assumed by those willing to invest in something up over 1000% in the last 2 years. Despite 2018's heavy decline BTC is still up 320% over the last 2 years, making it one of the best performing asset categories within the same time frame.

Besides, compared to all other cryptocurrencies, BTC is kicking butt. None of your altcoins have performed better.

BSV has  Wink

The real meaning of of BSV coin is BullShitVision coin.
It bad copy of the bad copy with Faketoshi in charge of gang.
Best thing is to avoid it !

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January 07, 2019, 09:53:17 PM
 #17855

Whats the real bitcoin cash ?

 Huh

 I liked bitcoin cash. And in some ways thought of it as the real bitcoin. But Is Bitcoin ABC following Satoshi vision or is Bitcoin satoshi vision following satoshi vision?

I'm actually serious, though having fun with it too. But still. I assume bitcoin ABC is pretty much bitcoin cash? what does it stand for, in a nutshell, I mean apart from onchain scaling. Why did part f the community fork off to make SV? Which is the real deal?  Whats the difference in laymans terms?

I liked bitcoin cash (as I said), but now hold bitcoin cash and bitcoin sv and dont really know which to support or really what the difference is, ideologically speaking
Both are mostly supporting the original vision for bitcoin.
But since the battle for the Bitcoin name was lost, I think Mike Hearn advised the community to be brave and make drastic changes in order to severely outcompete the rest of the crypto market. And that's what the Bitcoin Cash community is doing with Avalanche, tokenization, anonymity, oracles, etc...
BSV is mostly aimed at being an exact copy of Bitcoin 0.1, hoping that hardware improvements and increased investments will make up for the sub-optimal code.
Both roadmaps deserve respect when taken out of context. But since BSV is run by scammers I wouldn't touch it, personally. Maybe a few as a risky investment (scammers are willing to pump and dump, maybe you can catch a pump) - but I don't believe it the coin's fundamentals.

yep just like Bitcoin Instant (since 2014)
===>
https://freiexchange.com/market/BTI/BTC



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January 07, 2019, 10:23:55 PM
 #17856

BSV is mostly aimed at being an exact copy of Bitcoin 0.1, hoping that hardware improvements and increased investments will make up for the sub-optimal code.

Close but no cigar. Don't confuse the protocol with the code. They are two different things.

BSV mostly seeks to implement the 0.1 protocol. With better code than years past. Indeed, there is no other way the network could choke down a 65MB block, what with Core's (built of course upon the original satoshi) client's crappy multitasking architecture.

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

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January 08, 2019, 01:49:55 PM
 #17857

BSV is mostly aimed at being an exact copy of Bitcoin 0.1, hoping that hardware improvements and increased investments will make up for the sub-optimal code.

Close but no cigar. Don't confuse the protocol with the code. They are two different things.

BSV mostly seeks to implement the 0.1 protocol. With better code than years past. Indeed, there is no other way the network could choke down a 65MB block, what with Core's (built of course upon the original satoshi) client's crappy multitasking architecture.

Maybe core tried some multitasking stuff, but never haerd about multithreading - Raspis just dont...

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January 08, 2019, 05:21:32 PM
 #17858

Whats the real bitcoin cash ?

 Huh

 I liked bitcoin cash. And in some ways thought of it as the real bitcoin. But Is Bitcoin ABC following Satoshi vision or is Bitcoin satoshi vision following satoshi vision?

I'm actually serious, though having fun with it too. But still. I assume bitcoin ABC is pretty much bitcoin cash? what does it stand for, in a nutshell, I mean apart from onchain scaling. Why did part f the community fork off to make SV? Which is the real deal?  Whats the difference in laymans terms?

I liked bitcoin cash (as I said), but now hold bitcoin cash and bitcoin sv and dont really know which to support or really what the difference is, ideologically speaking
Both are mostly supporting the original vision for bitcoin.
But since the battle for the Bitcoin name was lost, I think Mike Hearn advised the community to be brave and make drastic changes in order to severely outcompete the rest of the crypto market. And that's what the Bitcoin Cash community is doing with Avalanche, tokenization, anonymity, oracles, etc...
BSV is mostly aimed at being an exact copy of Bitcoin 0.1, hoping that hardware improvements and increased investments will make up for the sub-optimal code.
Both roadmaps deserve respect when taken out of context. But since BSV is run by scammers I wouldn't touch it, personally. Maybe a few as a risky investment (scammers are willing to pump and dump, maybe you can catch a pump) - but I don't believe it the coin's fundamentals.

Thanks for the response Smiley That does help me paint a picture of the differences ideologically speaking. I feel like bitcoin cash, as in the ABC fork, has indeed decided to go in a new direction, and therefore I understand the reason for the split a bit better.

Just to put some random musings into the mix. The reasons I liked bitcoin cash (which were to do with supporting the original idea of bitcoin) do appear to have transferred to the SV fork, but as you say run by (possible)  scammers which is slightly offputting, not to mention it is seen as lesser than bitcoin cash, which itself was lesser than bitcoin (as voted by free markets) so maybe just a shitcoin. The direction of bitcoin cash (as in ABC) is now following a path in which I already have a coin I like more (which is Dash) which is already further along in some of those aims.

I guess it all leaves me as confused as before. But at least with a bit better understanding.


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January 08, 2019, 05:54:54 PM
 #17859

Whats the real bitcoin cash ?

 Huh

 I liked bitcoin cash. And in some ways thought of it as the real bitcoin. But Is Bitcoin ABC following Satoshi vision or is Bitcoin satoshi vision following satoshi vision?

I'm actually serious, though having fun with it too. But still. I assume bitcoin ABC is pretty much bitcoin cash? what does it stand for, in a nutshell, I mean apart from onchain scaling. Why did part f the community fork off to make SV? Which is the real deal?  Whats the difference in laymans terms?

I liked bitcoin cash (as I said), but now hold bitcoin cash and bitcoin sv and dont really know which to support or really what the difference is, ideologically speaking
Both are mostly supporting the original vision for bitcoin.
But since the battle for the Bitcoin name was lost, I think Mike Hearn advised the community to be brave and make drastic changes in order to severely outcompete the rest of the crypto market. And that's what the Bitcoin Cash community is doing with Avalanche, tokenization, anonymity, oracles, etc...
BSV is mostly aimed at being an exact copy of Bitcoin 0.1, hoping that hardware improvements and increased investments will make up for the sub-optimal code.
Both roadmaps deserve respect when taken out of context. But since BSV is run by scammers I wouldn't touch it, personally. Maybe a few as a risky investment (scammers are willing to pump and dump, maybe you can catch a pump) - but I don't believe it the coin's fundamentals.

Thanks for the response Smiley That does help me paint a picture of the differences ideologically speaking. I feel like bitcoin cash, as in the ABC fork, has indeed decided to go in a new direction, and therefore I understand the reason for the split a bit better.

Just to put some random musings into the mix. The reasons I liked bitcoin cash (which were to do with supporting the original idea of bitcoin) do appear to have transferred to the SV fork, but as you say run by (possible)  scammers which is slightly offputting, not to mention it is seen as lesser than bitcoin cash, which itself was lesser than bitcoin (as voted by free markets) so maybe just a shitcoin. The direction of bitcoin cash (as in ABC) is now following a path in which I already have a coin I like more (which is Dash) which is already further along in some of those aims.

I guess it all leaves me as confused as before. But at least with a bit better understanding.




ABC coin is lost in their own heads.

They are a dev consensus private chain.


They are now removing things they just added in November lol.  

If you like straw devs who do bait and switch then strawdevcoin [ABC] is for you.

Craig is not a scammer.  He is the real deal.  Your failure to realize this is not his failure to deliver on the promise of BitCoin.  Best

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January 08, 2019, 07:02:23 PM
 #17860

DASH is vulnerable to attack 51, any can rent more than 51% hash power at Nicehash

BSV is also vulnerable, good coins are only BTC, LTC and BCH https://www.crypto51.app


Sale of the first NFT of the first foto in the world https://app.airnfts.com/nft/The_first_foto_1626249424701
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