[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees

[Bitbobb]

over 100 years ago world power was consolidated amongst 5-7 fams.. image is link to some reporting about lessor known facts about the titanic.

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[groundageabalone]

I'm interesting to this project and i want to be a part of it. From which point i can start? I hope to answer me soon... Thanks!

[bones261]

I'm interesting to this project and i want to be a part of it. From which point i can start? I hope to answer me soon... Thanks!

Did you have Bitcoin on August 1st? If so, you already have Bitcoin Cash. If no Bitcoin, then you either have to buy it on the exchanges or mine it. Bitcoin Cash is being traded on almost every exchange out there.

[European Central Bank]

Did you have Bitcoin on August 1st? If so, you already have Bitcoin Cash. If no Bitcoin, then you either have to buy it on the exchanges or mine it. Bitcoin Cash is being traded on almost every exchange out there.

you were supposed to let another google translate bot answer that.

[jbreher]

over 100 years ago world power was consolidated amongst 5-7 fams.. image is link to some reporting about lessor known facts about the titanic.

This is provocative info of which I was not aware. Looks damning on the surface. Or at least -> O.o

However, the Federal Reserve Act was passed in 1910. Is there some sort of explanation for why this would seem to require a time machine? Truly curious.

[Bitbobb]

over 100 years ago world power was consolidated amongst 5-7 fams.. image is link to some reporting about lessor known facts about the titanic.

This is provocative info of which I was not aware. Looks damning on the surface. Or at least -> O.o

However, the Federal Reserve Act was passed in 1910. Is there some sort of explanation for why this would seem to require a time machine? Truly curious.

https://www.federalreserve.gov/aboutthefed/fract.htm federal reserve act was passed by congress in 1913.  It was run as a 100% private org previously.  It was run into the ground just before congress bailed them out with the best deal of their lives.  Congress offered them the "rights" to loan private credit that could circulate on par with other cash instruments in exchange they purchase 1 million dollars worth of existing us gov. debt

     If you look up the history you will see that prior to the 1913 passage of the fed reserve act those actors operated privately for a few years prior to having congress indemnify their activities forever.

So as of 1913 the federal reserve act was born and that allowed a 2 signature "commodity money" to circulate on par with higher quality issue.  See Gresham law>>  there is no way this is not understood to be an attack by learned men of the day.  the lower quality issue attacks the higher.  The gov needs the lower quality issue to go fight wars the people like the higher quality issue to live life peacefully.

Imagine if you will how much war will happen if both sides must save up for each bullet?  That means if they want to fight they must really mean it.

    If you have int fin houses playing both sides like a horse match then both sides loose no matter what.  Life is not a game.

[Bitbobb]

if you want to know more about the history of the federal reserve one of the best quick reads on the secret formation of the org is here: https://www.amazon.com/Secrets-Federal-Reserve-Eustace-Mullins/dp/0979917654

About the Author

Eustace Mullins is a veteran of the United States Air Force, with thirty-eight months active service during World War II. A native of Virginia, he was educated at Washington and Lee University, New York University, the University of North Dakota, the Escuelas des Bellas Artes, San Miguel de Allende, Mexico, and the Institute of Contemporary Arts, Washington, D.C. The original book, published under the title "Mullins on the Federal Reserve", was commissioned by the poet Ezra Pound in 1948. Ezra Pound was a political prisoner for thirteen and a half years at St. Elizabeth's Hospital, Washington, D.C. (a Federal institution for the insane). His release was accomplished largely through the efforts of Mr. Mullins

[wangxiaoyan888666]

I think it's probably the right time to get in, and we're going to see a rise in prices from now on. I have more BCH than BTC now, and BCH has much more room for value in the future than BTC

[jbreher]

However, the Federal Reserve Act was passed in 1910. Is there some sort of explanation for why this would seem to require a time machine? Truly curious.

https://www.federalreserve.gov/aboutthefed/fract.htm federal reserve act was passed by congress in 1913.  

My apologies. I indeed had the chronology wrong. For this I have no explanation. Maybe confusing the year of the Jekyll Island meeting? Dunno.

Carry on.

[seek4dream]

I have BTC in my bitcoin core wallet.
Now I wanna claim my BCH and store it in a wallet, which wallet is the best choice?

[Virtuoso]

What a amazing run for Bitcoin Cash in the last week. The price went to the sky and the trading volume is currently at 923,875,000 Dollar, what is very very impressing to me. I hope we will see 1000 Dollar soon.

[standards]

What a amazing run for Bitcoin Cash in the last week. The price went to the sky and the trading volume is currently at 923,875,000 Dollar, what is very very impressing to me. I hope we will see 1000 Dollar soon.

That is quite probable, considering the BTC price is already 7300USD

[wavespump]

Will there be another bull run for bitcoin cash? I loaded a lot around the price 0.092 btc, so I hope I can bitcoin cash can go up along with bitcoin again. But nowadays it is not pumping with bitcoin, any reason? Is it accumulation phase or miners dumped BCH?

[Bitbobb]

I have BTC in my bitcoin core wallet.
Now I wanna claim my BCH and store it in a wallet, which wallet is the best choice?

I used electrum and electrum cash to do it. It seemed easy. I first moved the btc to a new wallet with fresh seed.

The guide here posted by admin was very helpful: https://bitcointalk.org/index.php?topic=2059111.msg22629478#msg22629478

[Bitbobb]

However, the Federal Reserve Act was passed in 1910. Is there some sort of explanation for why this would seem to require a time machine? Truly curious.

https://www.federalreserve.gov/aboutthefed/fract.htm federal reserve act was passed by congress in 1913.  

My apologies. I indeed had the chronology wrong. For this I have no explanation. Maybe confusing the year of the Jekyll Island meeting? Dunno.

Carry on.

well by 1933 Gresham law ran its course and the gold was removed finally and instead we were put onto sdr.  .1 bch to anyone who can tell me what sdr is lol..  The president convince all of America to deposit their paycheck each week into a "special" account where by if we were so convinced by this we had made progress and saved USA.  So no longer will gold be the backing of the usa dollar as per law but SDR.  Special Drawing Rights.  This was after most of the gold had been siphoned out of circulation and our friendly international banker mob had proceeded to demand payment all on the same week.  The bankers holiday legislation was passed at midnight while congress had left for Christmas break.. each year the executive continues the war powers act citing exigent circumstances.  SO still to this day we only have demand deposit account banking options.. LOL!

1935 SSA passed whereby members can join for certain later benefits.  Contracts are issued to be paid in money that no longer had the same protections for the regulations of the value of said money.  So while congress is making deals to pay money they no longer are so concerned with the quality of said money.  This is absurd btw!

1938  The proposed bankruptcy by congress was accepted by the courts and law and equity remedies became blended as equity.  

1939  Public salary tax act passed for taxation of federal employees

1940 Buck act passed to allow taxation in the states of citizens as fed employees (bet me a bitcoin I will prove it lol).

1942 backup withholding began and the circulating tax known as the federal reserve note was clearly identified in confidential committee printsby that name.  While these comments were delivered the question of non-taxpayers who clearly have a right to money came up. It was answered that any non-taxpayers are able to file a tax return and have each dollar spent each year returned to them if they can show receipts.  This was how congress avoided the injury that a federal reserve note puts on an end user who is a non-taxpayer.  [in 1942 this is a concern since approx 40% of the population was still a non-tax payer under the income tax due to the amount of people that had not yet gotten a social security number.  So it is known in 1942 that not having access to money by right constitutes an injury.  

1963 Kennedy re-institutes the US note. On June 4, 1963, a virtually unknown Presidential decree, Executive Order 11110, was signed with the authority to basically strip the Federal Reserve Bank of its power to loan money to the United States Federal Government at interest.

 The US note status is ascribed to the federal reserve note.  they both circulate as legal tender but a federal reserve notes cannot be both at any one time.  Thus the circulating tax "commodity money" can be either a us note or a private credit instrument loaned into existence at all times.  So a legal distinction can increase the quality of the issue.  This is the first time Gresham's law can be used to oust the Privateers engaged in bottomry yet no one knows how to properly endorse commercial paper these days.  It was a master stroke by Kennedy since it would use the same force (law) that got us into this mess to get us out!  

[Triload]

I hope bitcoin cash will dominate in 2020, and it will get a huge pump before the hard fork, pumping with bitcoin during the same period would be a honey moon. So I try to accumulate more BCH.

[Chris pan]

BCC will there be a future without the support of the fund giants?

[jbreher]

well by 1933 ...the gold was removed finally and instead we were put onto sdr.  .1 bch to anyone who can tell me what sdr is lol..  

Special Drawing Right -

The IMF is to Central Banks of each nation-state as the Federal Reserve is to its member banks.
The SDR is the unit of the IMF's currency. Made up of a basket of nation-state central bank currencies. The SDR is to the IMF as the Federal Reserve Note (commonly mis-known as 'the US dollar') is to the Federal Reserve - a US Corporation.

Essentially a money that the IMF (the bank of last reserve on an international scale) prints at their discretion.

[Bitbobb]

well by 1933 ...the gold was removed finally and instead we were put onto sdr.  .1 bch to anyone who can tell me what sdr is lol..  

Special Drawing Right -

The IMF is to Central Banks of each nation-state as the Federal Reserve is to its member banks.
The SDR is the unit of the IMF's currency. Made up of a basket of nation-state central bank currencies. The SDR is to the IMF as the Federal Reserve Note (commonly mis-known as 'the US dollar') is to the Federal Reserve - a US Corporation.

Essentially a money that the IMF (the bank of last reserve on an international scale) prints at their discretion.

I will let others answer.  It is not an easily found answer on the internet.  Here is the confidence man telling you about faith in gov money.  Notice how he wants it never called fiat LOL!  He admits the methods are not clear.  What is he talking about?  FDR give a talk called banking and says it is about faith?  Mass hypnosis makes more sense to me as the title!  Notice he does not say what this "good asset" is.  Hmm I wonder if it is a secret? link: https://www.c-span.org/video/?298210-1/president-franklin-roosevelts-first-fireside-chat

link to 33 minute video showing some coverage of domestic vs foreign emergency money: https://drive.google.com/file/d/0B1EaV_bU7VImYmZlMTU5ZGQtYTIyZi00NjZjLWIyMzctOWFkZjhhZDM1MGEy/view?hl=en

[classicsucks]

Why would the miners lie about their intent to mine 2x?

Why would Jihan lie about supporting BCH when the majority if antpool's hashing power is on the core chain must be taking you all for a fool or maybe it's because BTC is more profitable

Ill let you decide which and before you state yes there is a good chance the BTC is being traded for BCH but the mining is still being done on the core chain

I think you underestimate the calculations of these people. Maybe you're 3 steps behind in the game, which is good compared to your typical Tone Vays dipshit but still nowhere near a full understanding...

Of course Bitmain is mining BTC - they make Bitcoin mining devices. And the BCH/BTC exchange rate is great for buying, even now. What better way to corner the BCH supply in time for the flippening?

Also, maybe you haven't calculated that the 2x AND BCH fans want the 1x hashrate to drop quickly so it dies off painlessly, without too much shrieking. That's the compassionate way you kill a rabid animal, making sure that it doesn't bite anyone, gently putting it out of its misery.

Why would the miners lie about their intent to mine 2x?

The generals(pool operators) may all be signaling, but the mercenaries(independent miners) are free to switch to whatever side they care to. As demonstrated with BCH, many independent miners are going to switch to what is profitable. The independent miners are not serfs bound to their lords....

I thought that BCH was "jihan-coin" and it was controlled by the Chinese miners? Now suddenly miners are independent actors? So only BTC is "decentralized" despite the development being controlled by a corporation?

There will be no profiting from "holding both coins" during the 2x fork, other than from shorts and longs on the price swings on BCH and 2x when 1x dies and Kore is finally fired. Nobody will "own both coins" for more than a week or two. Then it remains to be seen what happens with the BCH/2x price differential.