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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 654007 times)
ZhuldyzKaladinova
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November 18, 2017, 11:32:15 PM
 #9761

The amount of people in this Thread that boast a Trust: -2: -1 / +0 Warning: Trade with extreme caution! is too high.
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serby10101010001100010
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November 18, 2017, 11:39:31 PM
 #9762

The amount of people in this Thread that boast a Trust: -2: -1 / +0 Warning: Trade with extreme caution! is too high.

quite the contrary, my friend. As usual, you've got it all backwards.

That's what a real scammer boy looks like.

ironic comment at best, given that you wouldn't even fill his shoes....
BtcVolcano
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November 18, 2017, 11:40:57 PM
 #9763

Fun to watch the two coins is a tug of war. While he watched from the side, now such dancing fast, I think you need to wait better. On this you can both earn and lose a lot.
#flippening
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November 18, 2017, 11:46:26 PM
 #9764

The amount of people in this Thread that boast a Trust: -2: -1 / +0 Warning: Trade with extreme caution! is too high.

thats because, you and your shill accounts did it, along with some mods help.

Here tell me this, where are all the segshit legendary supporters?  why are they not commenting, instead they log in with shill accounts ....bunch of trolls...hahaha
ZhuldyzKaladinova
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November 18, 2017, 11:46:50 PM
 #9765

The game is over, the plot has been debunked.

Bit/Altcoin Cash was created by a gang with a very specific plan in mind.  It steals Bitcoin's name and brand in order to attack it, and is a direct result from the peculiar dream to 'kill BTC'...  

It is not a product of decentralized community.  It is not like Bitcoin at all.  Bitcoin is an open source project that started this entire cryptocurrency sphere.  Comparing it to gang-made centralized shitcoins like Bit/Altcoin Cash that merely copy and modify its code is laughable.  All those who've not been hopelessly brainwashed by propaganda will realize this at some point.


Short and to the point, BCH is wrong.

If one really believes in cryptocurrency one simply can not support Bit/Altcoin Cash because it doesn't make any sense other than for the pockets of the gang and their corporate alliances.  This is not Bitcoin's vision.  This is a perversion.


https://www.facebook.com/calvinayre/posts/10203345479835804
Archive: https://web.archive.org/web/20171113122001/https://www.facebook.com/calvinayre/posts/10203345479835804

Trust guys like the above?  Then you have no choice but to get burned.



Quote from: Cyril
Bitcoin will scale, adapt and evolve, as it has been doing for 8 years (...). It will also prove its resilience, again and again, attack after attack, as it just did last week-end. BCH was just a reckless and unwise attack, both financially and technically (...). There is only one Bitcoin, and it's called Bitcoin.

Pump and dump for quick profit  vs.  organic growth of a both technically and financially evolving Bitcoin over almost a decade.

Who in their right mind compare a copy of Bitcoin forked by a few dudes as part of a peculiar dream to 'kill BTC' for their own profit, with Bitcoin?

That's hardcore.

Plot debunked.  Altcoin Cash scammers exposed.  



Waldozaur12
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November 18, 2017, 11:55:00 PM
 #9766

Expensive BTC is a great deal for BCC pumping (and to reverse the capital). The high fee excludes the use of BTC in micropayments.
tekmobile
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November 19, 2017, 01:26:59 AM
 #9767

Nice Article:  http://bitcoinandtheblockchain.blogspot.ch/

Quote
Bithumb servers went offline for several hours

On the 11 of November there was a 100% price movement in BCH from $863 to $1622 and a sell off of BTC from $7198 to $6491.
This resulted in a "Black Swan" event driving the price of BCH to a high of $2863 and BTC to a low of $5402 at 6.00 am on 12 November (Bitfinex).

For yet unexplained reasons when BCH price peaked at 6.00 am, Bithumb  servers crashed.
This took out most of the demand out of the market and sell pressure from the remaining exchanges was able to bring the price of BCH down to around $1400 by 10.00 am. All this while Bithumb was off-line.

This massive increase in mining profitability on BCH caused miners to switch and the hash rates on the two chain crossed (X).
Had this carried on the BTC chain would have succumb to the Chain Death Spiral as the hash rate between the two chains did flip (F).


My guess on what happened.

I believe nobody was prepared for this. It was a "Black Swan" event.
Bitcoin markets are unregulated and there are no trip mechanism built in.
More than likely the major players realized what a disaster this would be if the Bitcoin market crashed and maybe even go to zero as the hash rate was rapidly exiting the BTC chain.

The decision must have been to "turn off" Bithumb servers to kill the demand.
At the same time they borrowed BCH on margins to sell BCH down.
Those who bought at peak on Bithumb and were unable to liquidate lost big time.
Many would have been bankrupted.
Still facing limited number of lawsuits is better than having the whole BTC market collapse with total wealth transfer from BTC to BCH.

So we now have a trip mechanism in the crypto markets. We turn servers off. May this be a warning to all those who trade in this market.

BTC Recovery

Over the next few days the price of BTC recovered and as of today 15 November is over $7100.
Here is the problem.
How can anybody put money into a coin that has a non existential possibility of going to zero
because it does not have the protection of an Emergency Difficulty Adjuster (EDA) like in BCH.


On top of that it is practically useless because of extremely high fees and long confirmation times.
I sent some BTC over 10 days ago with 0.0002 BTC in fees and that transaction is still in limbo.
I tried to send $500 out of my Blockchain.info wallet with priority fees and the fees was calculated at over $200.
This coin has turned out to be a joke so why does anybody want to support it?


Of course there are 120 billion reasons that it must be supported. And think of all the people who bought into BTC since 1 August.
What can we tell these people if BTC went to zero and BCH became the new Bitcoin.
Something has to be done. If the problem is bad at $7000 how much worse at $10,000 or $100,000 per coin.

It is very simple.
The coin without EDA (BTC) cannot share the same POW algorithm as one with EDA (BCH) and expect to survive without intervention.
Another "Black Swan" event is just around the corner.
If we want to protect innocent people who have purchased BTC since 1 August we have to hard fork EDA into BTC.
This way both coins can compete for mining hash power on their respective merits.



╥Aztek

Small problem the EDA was the only reason BCH could steal the hashing power but now since its been removed it is no longer possible because if the value rises and miners try to jump for quick profit the new DAA wipes this profit out fast and the miners just go back.

I have noticed since the new DAA adjust BCH is spending less time being profitable because the times it does become more profitable and the hashing jumps over the DAA changes it fast

Right now for BCH to be able to steal half the hashing power BCH would need to reach $4000 before with the EDA it could do it with a mere $1000
jbreher
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November 19, 2017, 01:33:16 AM
 #9768

President and CEO of this coin ...

So who is the President?

So who is the CEO?

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.
jbreher
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November 19, 2017, 01:37:32 AM
 #9769

Ha! What websites are using BCH? They don't come anywhere near 1% of the websites that process the real Bitcoin.
You're beyond retarded for saying stupid shit like this.

Ha! Are there 100 websites using BTC for every 1 website using BCH? This could be fun. If you're up for defending your evidence-free assertion, I'll start listing websites that support BCH, and you can reply by listing 100 times as many that support BTC. We go until one of us cries 'unka'. You up for it?

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.
gembitz
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November 19, 2017, 01:43:03 AM
 #9770

President and CEO of this coin ...

So who is the President?

So who is the CEO?

Ver prolly prez

Pirate dude is CEO

Ayers is treasurer?

 Roll Eyes

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
jbreher
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November 19, 2017, 01:49:29 AM
 #9771

the vitriol behind this ABC group is apparent ~ their stated goal is to fragment the bitcoin community

Funny assertion. If indeed the stated goal of 'the ABC group' is "to fragment the bitcoin community", then surely, you'd be able to link to where that statement was actually made, right?

Thanks.

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.
ZhuldyzKaladinova
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November 19, 2017, 01:53:19 AM
 #9772

Nice Article:  http://bitcoinandtheblockchain.blogspot.ch/
For yet unexplained reasons when BCH price peaked at 6.00 am, Bithumb  servers crashed.
This took out most of the demand out of the market

That's not nice. If what the article says is true it means that Bit/Altcoin Cash trading is centralized on the 'Bithumb' Exchange.

Volume can easily be manipulated and faked.  There is only one point of failure for 41% of the volume.

Bithumb 24h Volume 41.27%.  This is very bad.
tekmobile
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November 19, 2017, 01:54:26 AM
 #9773



Small problem the EDA was the only reason BCH could steal the hashing power but now since its been removed it is no longer possible because if the value rises and miners try to jump for quick profit the new DAA wipes this profit out fast and the miners just go back.

I have noticed since the new DAA adjust BCH is spending less time being profitable because the times it does become more profitable and the hashing jumps over the DAA changes it fast

Right now for BCH to be able to steal half the hashing power BCH would need to reach $4000 before with the EDA it could do it with a mere $1000


$4000 is not that far away especially considering at the next black swan event , core segshit coin Value will drop which will lower the amount needed.
Bitcoin Cash could jump to $3000 next week and segshit could drop to $4000.


╥Aztek



It could also just as easily go back to $600 once all the new BCH that is locked up floods the market over the next couple of months

jbreher
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November 19, 2017, 02:03:53 AM
 #9774

The amount of people in this Thread that boast a Trust: -2: -1 / +0 Warning: Trade with extreme caution! is too high.

What with Lauda running roughshod though this thread, and tagging everyone who points out that Bitcoin Cash was Bitcoin before Bitcoin Segwit was Bitcoin with negative trust, what would you expect?

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.
tekmobile
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November 19, 2017, 02:08:01 AM
 #9775

The amount of people in this Thread that boast a Trust: -2: -1 / +0 Warning: Trade with extreme caution! is too high.

What with Lauda running roughshod though this thread, and tagging everyone who points out that Bitcoin Cash was Bitcoin before Bitcoin Segwit was Bitcoin with negative trust, what would you expect?

How about we fire up the original software released by satoshi and let that decide which is the real bitcoin
jbreher
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November 19, 2017, 02:08:37 AM
 #9776

President and CEO of this coin ...

So who is the President?

So who is the CEO?

Ver prolly prez

Pirate dude is CEO

Ayers is treasurer?

Some evidence would be helpful. Otherwise, you're just pulling shit outta your ass.

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.
jbreher
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November 19, 2017, 02:12:17 AM
 #9777

The amount of people in this Thread that boast a Trust: -2: -1 / +0 Warning: Trade with extreme caution! is too high.

What with Lauda running roughshod though this thread, and tagging everyone who points out that Bitcoin Cash was Bitcoin before Bitcoin Segwit was Bitcoin with negative trust, what would you expect?

How about we fire up the original software released by satoshi and let that decide which is the real bitcoin

Sounds good to me. At least from the areas on which these two camps disagree. No segwit. No RBF. No maxblocksize limit, save for the 32MB overall protocol size. Of course, we'd need to give up the DAA, but with both camps on a single implementation, irrelevant.

There are other improvements that doing without would put Bitcoin at a relative lesser advantage as compared to other coins. But these would seem to be all things that both camps agree upon.

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.
gembitz
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November 19, 2017, 02:12:29 AM
 #9778

President and CEO of this coin ...

So who is the President?

So who is the CEO?

Ver prolly prez

Pirate dude is CEO

Ayers is treasurer?

Some evidence would be helpful. Otherwise, you're just pulling shit outta your ass.
Pirate Rick the fearless CEO of ABCash !! Cool you missed? ===>
https://news.bitcoin.com/swedish-pirate-rick-falkvinge-brings-humor-and-profundity-to-bitcoin-cash-debate/

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
jbreher
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November 19, 2017, 02:14:03 AM
 #9779

President and CEO of this coin ...

So who is the President?

So who is the CEO?

Ver prolly prez

Pirate dude is CEO

Ayers is treasurer?

Some evidence would be helpful. Otherwise, you're just pulling shit outta your ass.
Cool you missed? ===>
https://news.bitcoin.com/swedish-pirate-rick-falkvinge-brings-humor-and-profundity-to-bitcoin-cash-debate/

Not at all. You missed where the same doc says 'no titles except those we make up for the lulz'?

So we have established you have no evidence of the CEO claim. How about President and Treasurer?

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.
ZhuldyzKaladinova
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November 19, 2017, 02:17:37 AM
 #9780

Nice Article:  http://bitcoinandtheblockchain.blogspot.ch/
For yet unexplained reasons when BCH price peaked at 6.00 am, Bithumb  servers crashed.
This took out most of the demand out of the market

That's not nice. If what the article says is true it means that Bit/Altcoin Cash trading is centralized on the 'Bithumb' Exchange.

Volume can easily be manipulated and faked.  There is only one point of failure for 41% of the volume.

Bithumb 24h Volume 41.27%.  This is very bad.

BCH Volume:
Bithumb (41.27%) and Coinone (8.44%) 24 hour volume = 49.72% of overall BCH volume via BCH/KRW pairs.

Please explain what this implies.
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