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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 661520 times)
Samarkand
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September 18, 2017, 10:42:02 AM
 #6001

...there is still zero evidence that tether actually has any real money at all.

...

A few weeks ago, I shared your doubts regarding the backing of the outstanding USDT.
However, you are aware that they have recently started releasing their audits?

You can find the few already finished audits at:
https://tether.to/tether-update/

Besides, I find it unlikely that exchanges like Poloniex and Bittrex that are making an absolute fortune
in 2017 due to the altcoin mania would be involved in Tether, if Tether would be indeed an unbacked
ponzi scheme. BTC/USDT trading volume on both of these exchanges surpasses 50 million $ most
of the days, which produces crazy income in trading fees!

The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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September 18, 2017, 10:43:25 AM
 #6002

hodl your bitcoin cash, its going over $500 easy, towards $600 very soon  Smiley
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September 18, 2017, 10:53:16 AM
 #6003

Is this the right time to buy bitcoin cash? Many are assuming that it will rise in the near future as it comes from the graph of its surge that already has a sign of going up. Although I know that crypto market is very difficult in prediction but it seems bitcoin cash has given some signs of increase

 
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September 18, 2017, 11:03:35 AM
 #6004

hodl your bitcoin cash, its going over $500 easy, towards $600 very soon  Smiley
Here the analisys fundamental of bitcoins cash BCH:
As the blockchain’s days continue, BCH developers have been revealing the upcoming plans to improve the cryptocurrency’s protocol. Development shows the protocol’s programmers have a very ambitious roadmap for the digital currency’s future. This includes a deep focus on on-chain scaling, and not fearing hard forks down the road in order to upgrade the BCH software. Currently, there are fivedevelopment teams who say they are working with the BCH project, which include developers from Bitcoin ABC, Unlimited, Nchain, XT, and Classic. https://t.co/ibfhrcD7aO
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September 18, 2017, 11:14:30 AM
 #6005

Currently, there are five development teams who say they are working with the BCH project, which include developers from Bitcoin ABC, Unlimited, Nchain, XT, and Classic. https://t.co/ibfhrcD7aO

LOL, 5 dev teams who failed with their respective (#rekt) attack forks and are now banding together for mutual support (Craig Wrong vs deadalnix and Pro2x vs No2x notwithstanding).

5 dev teams of clowns famous for doing crazy/stupid stuff like TOR blacklists, assert(0), and stealing code from Core.

Bitcoin ABC, Unlimited, Nchain, XT, and Classic = endless clown fiesta  Grin


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Monero
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whether we have a dictatorship or a real democracy." 
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serby10101010001100010
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September 18, 2017, 11:51:54 AM
 #6006

Currently, there are five development teams who say they are working with the BCH project, which include developers from Bitcoin ABC, Unlimited, Nchain, XT, and Classic. https://t.co/ibfhrcD7aO

LOL, 5 dev teams who failed with their respective (#rekt) attack forks and are now banding together for mutual support (Craig Wrong vs deadalnix and Pro2x vs No2x notwithstanding).

5 dev teams of clowns famous for doing crazy/stupid stuff like TOR blacklists, assert(0), and stealing code from Core.

Bitcoin ABC, Unlimited, Nchain, XT, and Classic = endless clown fiesta  Grin
hodl your bitcoin cash, its going over $500 easy, towards $600 very soon  Smiley
Here the analisys fundamental of bitcoins cash BCH:
As the blockchain’s days continue, BCH developers have been revealing the upcoming plans to improve the cryptocurrency’s protocol. Development shows the protocol’s programmers have a very ambitious roadmap for the digital currency’s future. This includes a deep focus on on-chain scaling, and not fearing hard forks down the road in order to upgrade the BCH software. Currently, there are fivedevelopment teams who say they are working with the BCH project, which include developers from Bitcoin ABC, Unlimited, Nchain, XT, and Classic. https://t.co/ibfhrcD7aO
...there is still zero evidence that tether actually has any real money at all.

...

A few weeks ago, I shared your doubts regarding the backing of the outstanding USDT.
However, you are aware that they have recently started releasing their audits?

You can find the few already finished audits at:
https://tether.to/tether-update/

Besides, I find it unlikely that exchanges like Poloniex and Bittrex that are making an absolute fortune
in 2017 due to the altcoin mania would be involved in Tether, if Tether would be indeed an unbacked
ponzi scheme. BTC/USDT trading volume on both of these exchanges surpasses 50 million $ most
of the days, which produces crazy income in trading fees!


Roger Ver seems to have got his panties in a twist though haha the comments are quite amusing https://twitter.com/rogerkver/status/909420910708375552

This is great.  The harder Lolcow Jesus gets triggered the funnier it gets.

Quick, somebody make a 'my dog doesn't bite but he can hurt u in other ways' meme with bcash and that le rage face Ver reaction meme!  Cheesy
Roger Ver seems to have got his panties in a twist though haha the comments are quite amusing https://twitter.com/rogerkver/status/909420910708375552

This is great.  The harder Lolcow Jesus gets triggered the funnier it gets.

Quick, somebody make a 'my dog doesn't bite but he can hurt u in other ways' meme with bcash and that le rage face Ver reaction meme!  Cheesy


wow this is so entertaining, but I just want to trade, so I think I'll just forget about the entertaining value you clowns add to this thread. At any rate, thanks for your invaluable contributions. You've made my day even though I've got other things to do than reading your sorry asses butthurt rantings and usual crap. It's a is pure waste of time, and in this business, you fools should know time is money, right?
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September 18, 2017, 11:55:32 AM
Last edit: September 18, 2017, 12:14:34 PM by serby10101010001100010
 #6007

^

Well, I don't know much, I just read what smarter people than me are saying... technical analysis say BTC needs to go down around 2950 to signal that a top has been made. That's why I think we will see a big leg down on BCH as well as all others. Shocked

TA don't work with crypto because miners dump whatever the price is going to be, FA don't because it lacks intrisic value, PERIOD. May I suggest you stop reading what smarter people than you are saying, it can lead you into a lot troubles, and you seem to be begging for it. Seems to me at best you're trolling, at worst you don't have the slightest idea what you're talking about, right?

I don't agree with you at all because the TA I look at has worked just fine and you seem to disagree with me which is fine too.

...but I do not care for the word "trolling" much. It is only used by those who want to marginalize the people who think differently than their herd. I will therefore, respectfully ask you to fuck right off.

You're twisted in huge knotts but that of course doesn't even prevent you from disagreeing, still you need to get your facts right, candles are painted on the charts just like the market makers want it to be, so that they can screw you up guys even harder and stronger when they dump or pump the price. And as far as your fucking right off thing is concerned, i respectfully beg you just do the same, thanks.
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September 18, 2017, 12:35:42 PM
 #6008

...there is still zero evidence that tether actually has any real money at all.

...

A few weeks ago, I shared your doubts regarding the backing of the outstanding USDT.
However, you are aware that they have recently started releasing their audits?

You can find the few already finished audits at:
https://tether.to/tether-update/

Besides, I find it unlikely that exchanges like Poloniex and Bittrex that are making an absolute fortune
in 2017 due to the altcoin mania would be involved in Tether, if Tether would be indeed an unbacked
ponzi scheme. BTC/USDT trading volume on both of these exchanges surpasses 50 million $ most
of the days, which produces crazy income in trading fees!



I wouldn't call those statements audits.
Tether promised to perform real quarterly audits - let's see if they're going to publish them any time soon.

Quote
As we are no longer banking in Taiwan, and given that we are achieving substantial scale, we have engaged Friedman, LLP, in New York, to perform comprehensive balance sheet audits on a quarterly basis going back to Dec 31, 2016. We will share those results with you as they become available in the coming weeks or months.
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September 18, 2017, 12:38:19 PM
 #6009

I wouldn't call those statements audits.
Tether promised to perform real quarterly audits - let's see if they're going to publish them any time soon.

if you google that auditing firm there are also virtually no results, certainly not any type of website.

anyway let's see if they deliver eventually.
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September 18, 2017, 03:28:01 PM
 #6010

btc $4k as i thought, bitcoin cash will rally up now aswell  Wink
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September 18, 2017, 04:09:50 PM
 #6011

btc $4k as i thought, bitcoin cash will rally up now aswell  Wink
So nice to see Bitcoin pass $4000 again. Is this back to the only way is up? As all market are related to this one so can guess BCC could be affected of this trend.
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September 18, 2017, 04:10:55 PM
 #6012

https://www.wsj.com/articles/china-widens-bitcoin-crackdown-beyond-commercial-trading-1505733976?mod=e2tw

Quote
Regulators have decided on a comprehensive ban on channels for the buying or selling of the virtual currency in China that goes beyond plans to shut commercial bitcoin exchanges, according to people familiar with the matter.
...
A broader clampdown will likely include blocking mainland access to websites of foreign bitcoin exchanges such as Coinbase in
the U.S. and Bitfinex in Hong Kong
...

I'm guessing a massive dump is on the way! Shocked

Haipo Yang says it best https://twitter.com/yhaiyang/status/909309756220653570
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September 18, 2017, 07:54:47 PM
 #6013

Guys, from what i can see, its another market leg up before we know what happens next  Smiley
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September 18, 2017, 07:58:20 PM
 #6014

China just needs to ban mining, then my miners will go to the mun.

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September 18, 2017, 08:01:01 PM
 #6015

I am really disgusted that Bitstamp is going to list this as well. There are so many good coins that will probably never make it to either Coinbase or Bitstamp but this fraud will be there for all the newbies to waste their money on it. Shame!
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September 18, 2017, 08:12:45 PM
 #6016

I am really disgusted that Bitstamp is going to list this as well. There are so many good coins that will probably never make it to either Coinbase or Bitstamp but this fraud will be there for all the newbies to waste their money on it. Shame!
shut up troll,  Smiley
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September 18, 2017, 08:54:23 PM
 #6017

^

When things go down and they will go down real hard, Tether is a little too risky for my blood and frankly it gives me a real bad vibe but of course, there is no other option to trade "USD" in most exchanges, for example Bittrex so I have to use it but I keep my eye on it very closely. I moved my cash to Kraken, all in USD and EURO (no Tether).

Edit: It gives me bad vibe because I feel the old uncle Sam doesn't like it when they cut them off from the banks so basically, it's very risky imho.

I verified my account at Bittrex to trade with USD but after I did it, it only activated Tether for me. There is no option to withdraw USD to my bank account at all. Kraken seems trustworthy, I have verified account there too and tested to withdraw $5 or €5 or something and it worked fine and fast using SEPA.

Granted, trading BCH on Kraken is well, almost impossible. They have changed and removed to many things in the name of "performance" bla bla bla so really, it's a slow motion place for "trade". Prices always much higher than other exchanges when you want to buy and much lower when you want to sell.

But again, I don't dare parking more than about 1-2K USD in Tether in Bittrex. With or without audit, I don't care. If I can't withdraw it to my bank account, it's a risky "asset".

By the way, thank you for bringing this Tether subject up. I had a lot of USD in Tether. A very foolish thing of me.

BTC back up above $4K, BCH hanging around $490. Was I wrong on my TA prediction? I will soon find out. Hopefully not in the painful way!  Cheesy Embarrassed Grin

Glad you got out of USDT - it smells rotten to me, and crypto is already a fairly high-risk environment...

Thanks for your insights on Kraken/Bittrex - I've been using Poloniex for awhile but I feel like their days are numbered. Also, support is non-existent so if your withdrawal gets flagged - you won't see your funds for at least 30 days, if you see them at all...

BCH seems to be holding strong, and mining profitability is 1.04x BTC due to BTC difficulty hike. 
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September 18, 2017, 10:33:51 PM
 #6018

I am really disgusted that Bitstamp is going to list this as well. There are so many good coins that will probably never make it to either Coinbase or Bitstamp but this fraud will be there for all the newbies to waste their money on it. Shame!

why wouldn't they? they're in the business of making money. everyone has bcash and most are looking to sell. that's a big pile of fees for them.
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September 18, 2017, 11:26:47 PM
 #6019


BCH seems to be holding strong, and mining profitability is 1.04x BTC due to BTC difficulty hike. 


Yea for a very short time the few miners that are supporting this switched a lot of hashing power over for the last part of the adjustment period instead of leaving it alone and keeping the profitability for the next 2 weeks it will be pushing the difficulty up a lot like ~35% possibly even 40% or more
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September 18, 2017, 11:43:11 PM
 #6020

https://support.xapo.com/xapo-bitcoin-cash-update

xapo releases their bcash by october 2nd. that's half a million new coins.

https://bitinfocharts.com/bitcoin%20cash/address/3AX7T8fd6F2LsZyPdk6e6M1ddbzd5ZPbek

i'm intrigued to see what's gonna happen.
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