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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 659731 times)
cloudunderstood
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October 31, 2017, 07:20:21 AM
 #7421

what currency will be accepted?
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ipanda
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October 31, 2017, 07:22:04 AM
 #7422

Bitcoin Cash is doing really great at the moment. In my opinion the next waves of rising pricing is preparing right now and then we will see 530 dollars. with a stable price at 500 dollar.

i believe that it will reach at least 560 before being stable at around 500. yes. takes time to recover its true power Smiley)
serby10101010001100010
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October 31, 2017, 08:05:05 AM
Last edit: October 31, 2017, 08:35:49 AM by serby10101010001100010
 #7423

Comments inline


**Bitcoin (BTC)** -

99% of developer/specialist support - key devs are insane (Lukejr), or captured by Blockstream whose business model depends on slow chain and forcing users onto Lightning, which doesn't exist

Far more hashrate - http://fork.lol/pow/hashrate - ~92% of hashrate about to disappear in 2 weeks during 2x hard fork

Larger community of users - mostly fanbois and people brainwashed by censorship and tech mumbo-jumbo, many don't actually use BTC and just hodl

99% of merchant support - merchant support has dwindled to less than 50% of 2014 levels, due to slow and unconfirmed transactions

Far less mining centralization - false - all SHA256 coins are made in China equally

Far more node decentralization - an irrelevant and/or meaningless metric concocted by Kore Raspberry Pi minions

Most devs Road map is for conservative scaling and focus on security , privacy and fungibility - Kore roadmap is to force people on to LN, completely ignoring how useless onchain BTC has become for making payments

Current capacity allowance is 14 TPS (transactions per second) average with most txs using segwit and millions of txs per second for LN payment channels (used right now but awaiting GUI development finished for widespread use) - false, even Kore says the chain can only handle 3 tx/s, on a good day with no spam

--------------------------

**B Cash (BCH)**

One of 7 altcoin spinoffs from Bitcoin - the only successful airdrop, with a current $1 billion USD market cap, with 8x the capacity of BTC

Roadmap is focusing on cheap tx fees and many hard forks for larger capacity blocks at the risk of centralization and lower security. - false, Segwit has worse security, and onchain scaling is the most secure, also no RBF, which opens a double spend attack vector on BTC chain

Currently doesn't have transaction malleability fixed so is stuck with a mere 56TPS max throughput. Their focus is primarily on onchain scaling but do open the possibility up for L2. - Malleability is a red herring that has no real world problems, Mt Gox used it as an excuse for insolvency and no other major instance of malleability coin loss exists

Is still vulnerable to this PoW vulnerability - https://cve.mitre.org/cgi-bin/cvename.cgi?name=CVE-2017-9230 which is largely neutralized in bitcoin with segwit - This bug report just describes ASICboost, a tech patented and controlled by a Kore dev (irony)

Still has not balanced UTXO costs and no plans to do so. - not even sure what that means, but you can educate me

Introduced another vulnerability with the HF called EDA - EDA allowed the coin to get on its feet against the massive hashpower of BTC (which is now ready to shift radically with 2x fork)


MORAL: It's not a good idea to compare BTC technically with BCH side-by-side. BCH is clearly superior and this will become crystal-clear in the next few weeks...

They don't even know what a smart contract is, let alone trading futures, lol.
what kind of dev is that?: https://www.reddit.com/r/btc/comments/79kmwu/why_are_you_interested_in_bitcoin_answered_by/
serby10101010001100010
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October 31, 2017, 08:27:01 AM
Last edit: October 31, 2017, 08:38:07 AM by serby10101010001100010
 #7424


In the short term I'm betting against you but, then, we will see.

Unique circumstances on the horizon.

I am not recommending actually selling or shorting you understand.. just holding as a kind of insurance only. Hopefully won't be needed, and the value of the insurance holding will steadily decline, which in turn will mean that BTC remains safe from some unforseen glitch.

With the forthcoming fork and the mess around the China ban, investors don't see it that way IMHO, buyers have been brainwashed by the hype around that segshit thing, thinking they'll get free coins, but there is no such thing as a free meal in this serious game, not meant for pussies, is it? It takes your manhood, balls of steel (with a decent acc), quite some experience (screen time) as a trader, a working strategy, sound risk managment, and a bit of luck maybe, in order to have an edge on the vast majority of losers and failed traders, it's a zero sum game. Don't think you can beat the market, you'll get burn marked. That being said, happy trading guys. Wish you all the best.
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October 31, 2017, 09:05:53 AM
 #7425

I will follow closely
Pipshunter
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October 31, 2017, 10:04:38 AM
 #7426

So what the price expectations for this bitcoingold? Will it be higher than bitcoincash? I didn't get much infomatian about this new fork coin.
Thanks
MarketMagic
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October 31, 2017, 10:25:24 AM
 #7427

So what the price expectations for this bitcoingold? Will it be higher than bitcoincash? I didn't get much infomatian about this new fork coin.
Thanks


Bitcoingold has a large premine and doesn't have the big ballers behind it.BCH has bitcoin jeebus,jihan wikiwoo,rambo mcfee,Dr satoshi and mega rich bodog behind it.Go figure.

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October 31, 2017, 10:29:26 AM
 #7428

So what the price expectations for this bitcoingold? Will it be higher than bitcoincash? I didn't get much infomatian about this new fork coin.
Thanks


Bitcoingold has a large premine and doesn't have the big ballers behind it.BCH has bitcoin jeebus,jihan wikiwoo,rambo mcfee,Dr satoshi and mega rich bodog behind it.Go figure.

I hope Blockstream loose, there is alot of rude people like u supporting them. I am going to sell all my btc for altcoins a day before the fork and stay out of this mess.  Angry
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October 31, 2017, 11:47:05 AM
 #7429

I hope Blockstream loose, there is alot of rude people like u supporting them. I am going to sell all my btc for altcoins a day before the fork and stay out of this mess.  Angry

so you're making financial decisions based on the brats who live on the internet and how they treat you?

i think you need to go away, thicken that skin up and think about your priorities.
Haslett5236
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October 31, 2017, 11:49:42 AM
 #7430

blockchain.info wallet suppost bitcoincash ? when i open my old wallet(there are still have some bitcoin )

it note me that my i can send my bitcoincash .
bitcoinPsycho
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October 31, 2017, 12:35:39 PM
 #7431

I hope Blockstream loose, there is alot of rude people like u supporting them. I am going to sell all my btc for altcoins a day before the fork and stay out of this mess.  Angry

so you're making financial decisions based on the brats who live on the internet and how they treat you?

i think you need to go away, thicken that skin up and think about your priorities.
"skin up" good idea

THE NEXT 24 YEARS ARE CRITICAL
Gyrsur
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October 31, 2017, 01:02:51 PM
 #7432

https://www.bitcoinabc.org/november

Derivatives like Futures and Options are part of the formation of BTC prices since some time. Whether we like it or not the best way to adapt it is to learn how they are working and how we can profit from them.
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October 31, 2017, 01:35:08 PM
 #7433

"The open-source developers behind bitcoin cash appear to be sticking to their word.
Following a pledge in August to change the code as necessary to stay competitive, the developers behind the alternative bitcoin software took a step toward following through this week. In a post yesterday, developers behind one of the bitcoin cash clients revealed they will seek to change the software's rules via a hard fork on November 1."
 
Seen at: https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/
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October 31, 2017, 04:53:01 PM
 #7434

The Bitcoin ABC development team has announced its plans for the November 13 Hard Fork upgrade of Bitcoin Cash. The upgrade is designed to stabilize the problematic difficulty adjustment algorithm (DAA). The Upgrade is Needed because
Since its launch at the beginning of August, Bitcoin Cash has displayed a highly variable time between blocks being mined. With both Bitcoin and Bitcoin Cash, this blocktime is supposed to average out to six blocks per hour, no matter how much hashrate is pointed at it.
But the other problem does are the miners will support for this hard fork of bitcoin cash? I don't know about it, i just can wait and see what's will happen for next time.
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October 31, 2017, 05:00:02 PM
 #7435

So what the price expectations for this bitcoingold? Will it be higher than bitcoincash? I didn't get much infomatian about this new fork coin.
Thanks


Bitcoingold has a large premine and doesn't have the big ballers behind it.BCH has bitcoin jeebus,jihan wikiwoo,rambo mcfee,Dr satoshi and mega rich bodog behind it.Go figure.

I hope Blockstream loose, there is alot of rude people like u supporting them. I am going to sell all my btc for altcoins a day before the fork and stay out of this mess.  Angry


ok thanks snowflake.

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October 31, 2017, 05:05:54 PM
Last edit: October 31, 2017, 06:02:33 PM by bitcoinPsycho
 #7436

So what the price expectations for this bitcoingold? Will it be higher than bitcoincash? I didn't get much infomatian about this new fork coin.
Thanks


Bitcoingold has a large premine and doesn't have the big ballers behind it.BCH has bitcoin jeebus,jihan wikiwoo,rambo mcfee,Dr satoshi and mega rich bodog behind it.Go figure.
That all good and well. however dose that mean the current price is just an illushion?

THE NEXT 24 YEARS ARE CRITICAL
MarketMagic
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October 31, 2017, 05:19:42 PM
 #7437

So what the price expectations for this bitcoingold? Will it be higher than bitcoincash? I didn't get much infomatian about this new fork coin.
Thanks


Bitcoingold has a large premine and doesn't have the big ballers behind it.BCH has bitcoin jeebus,jihan wikiwoo,rambo mcfee,Dr satoshi and mega rich bodog behind it.Go figure.
That all good and we'll. however dose that mean the current price is just an illushion?


Ask yourself.How come the price has remained solidly around over $300 for so long.It's just the right price to make free coin holder sell and too high for most to jump in at.It could be a price range set for accumulation.Holding the price there is nothing to these people if they want to make this coin moon later on.It's all a game ya know and its not ran by lunchbox loonies talking about their .00000001 sathoshi shitcoin portfolio.

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October 31, 2017, 05:26:55 PM
 #7438

So what the price expectations for this bitcoingold? Will it be higher than bitcoincash? I didn't get much infomatian about this new fork coin.
Thanks


Bitcoingold has a large premine and doesn't have the big ballers behind it.BCH has bitcoin jeebus,jihan wikiwoo,rambo mcfee,Dr satoshi and mega rich bodog behind it.Go figure.
That all good and we'll. however dose that mean the current price is just an illushion?


Ask yourself.How come the price has remained solidly around over $300 for so long.It's just the right price to make free coin holder sell and too high for most to jump in at.It could be a price range set for accumulation.Holding the price there is nothing to these people if they want to make this coin moon later on.It's all a game ya know and its not ran by lunchbox loonies talking about their .00000001 sathoshi shitcoin portfolio.
I see.  I sold at .2   kinda wish I bought back again when it was lower . would have dumped again though. so probably better for those that are bag holding

THE NEXT 24 YEARS ARE CRITICAL
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October 31, 2017, 05:52:58 PM
 #7439

I hope Blockstream loose, there is alot of rude people like u supporting them. I am going to sell all my btc for altcoins a day before the fork and stay out of this mess.  Angry

so you're making financial decisions based on the brats who live on the internet and how they treat you?

i think you need to go away, thicken that skin up and think about your priorities.

My decision is based on the fact that alts will moon after fork. I have been in this space for a while and i never seen soo many toxic people. If it is up to me i hope BTC and 2X explode and we are all forced to all use Bitcoin Cash and Ether. At lease the community is more level headed.
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October 31, 2017, 06:09:09 PM
 #7440

My decision is based on the fact that alts will moon after fork. I have been in this space for a while and i never seen soo many toxic people. If it is up to me i hope BTC and 2X explode and we are all forced to all use Bitcoin Cash and Ether. At lease the community is more level headed.

it won't be level headed. it'll erupt into putting out hits on each other.

don't get into this space expecting people to be nice. everyone's out for themselves and they don't care what dead bodies they leave behind. if you don't keep that attitude then you're gonna get ravaged.
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