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

[blackjok3r]

Barterdex is the same without Lightening network centralisation, which can be easily regulated by governments. LN is the same as fiat. It is terrible.

[x2666]

...
I truly believe the people who can rationally understand this split are vastly outnumbered by people who are unable or unwilling to broaden their perspective....

I really want to agree with you on this but if we look at the state of the world today... it looks like that people who are unable/unwilling to broaden their horizons are outnumbering the smart people.  

But you do agree with me, lol, you just restated what I said! 

[serby10101010001100010]

...
I truly believe the people who can rationally understand this split are vastly outnumbered by people who are unable or unwilling to broaden their perspective....

I really want to agree with you on this but if we look at the state of the world today... it looks like that people who are unable/unwilling to broaden their horizons are outnumbering the smart people.  

But you do agree with me, lol, you just restated what I said!  

Oh dear God, you are right! hahhahahaa... in my mind, I read "outnumber" instead of "outnumbered by"... my bad!

Enter through the narrow gate. For wide is the gate and broad is the road that leads to destruction, and many enter through it.

[x2666]

Oh dear God, you are right! hahhahahaa... in my mind, I read "outnumber" instead of "outnumbered by"... my bad!

Usually a sentence that starts off with something like "I truly believe..." is some obnoxiously positive sentiment that ignores unfortunate realities. Not here!

[serby10101010001100010]

Unconfirmed transactions increasing at a steady pace https://bitcoinfees.21.co/

[serby10101010001100010]

...
I truly believe the people who can rationally understand this split are vastly outnumbered by people who are unable or unwilling to broaden their perspective....

I really want to agree with you on this but if we look at the state of the world today... it looks like that people who are unable/unwilling to broaden their horizons are outnumbering the smart people.  

But you do agree with me, lol, you just restated what I said!  

Oh dear God, you are right! hahhahahaa... in my mind, I read "outnumber" instead of "outnumbered by"... my bad!

Enter through the narrow gate. For wide is the gate and broad is the road that leads to destruction, and many enter through it.

But small is the gate and narrow the road that leads to life, and only a few find it.

Indeed!

I couldn't have put it better myself ;-)

[1Click Medical]

https://twitter.com/SatoshiLite/status/901537790243909632
¬¬

I sold BCH and moved(temporary) into USDT... i hope i did the right thing.. thoughts? weak hand or smart move?

Yea in a couple of hours BCH should become around 240% less profitable (I have seen it estimated at one point to be over 300%) essentially BTC miners will earn almost 3x as much as a BCH miner and all miners will most likely abandon the network again probably just for a day though until the EDA kicks in and drops it until blocks are mined at 2m intervals for a couple of days rince and repeat as long as possible until one day people have enough

I am not a btc maximalist but btc will always be king.

Never forget our roots!

Ken

I do not understand you. That is exactly why you should see BCH as the "real" continuation of bitcoin. You really truly cannot see how they are centralizing BTC with segwit and even threats of patent lawsuits?

Great catch on what I was saying.

I did say btc will find a way. I never said what chain will be the true btc...

[1Click Medical]

...
I truly believe the people who can rationally understand this split are vastly outnumbered by people who are unable or unwilling to broaden their perspective....

I really want to agree with you on this but if we look at the state of the world today... it looks like that people who are unable/unwilling to broaden their horizons are outnumbering the smart people.  

But you do agree with me, lol, you just restated what I said! 

We still believe in the community deciding, correct?

[MiPe]

will bcc a real competitor to btc?

[x2666]

We still believe in the community deciding, correct?

I think community is a buzzword that gets thrown around in cryptocurrency a lot. Sure, there's something to be said of it but there are super citizens in the 21st century. A community of poor people with 1 billionaire doesn't exactly have equality of potential action. In general it's not something I think should be viewed in a moralistic way, just a realistic way.

Sometimes the community is wrong, often people want things which aren't what they truly need or ultimately come to desire.

As it applies to BCH, if the community at large decides to ditch their BCH but a large enough group of market makers are willing to buy it from them, then it wont matter what those community members thought would happen, just what actually happened.

[grasshpr]

Even if BCH some day overtakes BTC groups of miners will still try EDD/EDR exploit?

[1Click Medical]

We still believe in the community deciding, correct?

I think community is a buzzword that gets thrown around in cryptocurrency a lot. Sure, there's something to be said of it but there are super citizens in the 21st century. A community of poor people with 1 billionaire doesn't exactly have equality of potential action. In general it's not something I think should be viewed in a moralistic way, just a realistic way.

Sometimes the community is wrong, often people want things which aren't what they truly need or ultimately come to desire.

Great post. Take ethereum for an example. After the dao disaster, they claimed to have 95% consensus on the hard fork to change history of the blockchain. I was mining eth at the time and can tell you that I never had a vote.

[johnsmithx]

Oh dear God, you are right! hahhahahaa... in my mind, I read "outnumber" instead of "outnumbered by"... my bad!

I don't think that's logically possible. If you read "outnumbered" as "outnumber" it would mean that you don't even read the whole word(s) in which case you wouldn't be able to communicate at all. You have to make up another, more plausible, excuse.

[theleaf]

https://twitter.com/SatoshiLite/status/901537790243909632
¬¬

I sold BCH and moved(temporary) into USDT... i hope i did the right thing.. thoughts? weak hand or smart move?

Yea in a couple of hours BCH should become around 240% less profitable (I have seen it estimated at one point to be over 300%) essentially BTC miners will earn almost 3x as much as a BCH miner and all miners will most likely abandon the network again probably just for a day though until the EDA kicks in and drops it until blocks are mined at 2m intervals for a couple of days rince and repeat as long as possible until one day people have enough

I am not a btc maximalist but btc will always be king.

Never forget our roots!

Ken

The miners have a big say on which coin will be a main coin, bitcoin ot bitcoin cash. Thus, whichever coin has more value, will likely that they mine that coin for profitability. Bitcoin been around for years now, wherras Bitcoin Cash just a couple months, yet receive lots of attention. What if Bitcoin Cash was named differently, wouuld the story be the same? in order for bitcoin cash value continue rising, it needs mass adoption like bitcoin to have value.

[Welds1977]

whats with the hashrate ? it goes like a roller coaster.

[x2666]

The miners have a big say on which coin will be a main coin, bitcoin ot bitcoin cash. Thus, whichever coin has more value, will likely that they mine that coin for profitability. Bitcoin been around for years now, wherras Bitcoin Cash just a couple months, yet receive lots of attention. What if Bitcoin Cash was named differently, wouuld the story be the same? in order for bitcoin cash value continue rising, it needs mass adoption like bitcoin to have value.

For like the billionth time, Bitcoin is now a general term that is nonspecific between BCH and BTC.

The main chain forked into two tokens. Bitcoin and Bitcoin Cash which are both the original BTC with additional code.

Might be better to call it BTCS and BTCC, that's the truer representation of what has occurred.

[serby10101010001100010]

https://twitter.com/SatoshiLite/status/901537790243909632
¬¬

I sold BCH and moved(temporary) into USDT... i hope i did the right thing.. thoughts? weak hand or smart move?

Yea in a couple of hours BCH should become around 240% less profitable (I have seen it estimated at one point to be over 300%) essentially BTC miners will earn almost 3x as much as a BCH miner and all miners will most likely abandon the network again probably just for a day though until the EDA kicks in and drops it until blocks are mined at 2m intervals for a couple of days rince and repeat as long as possible until one day people have enough

I am not a btc maximalist but btc will always be king.

Never forget our roots!

Ken

The miners have a big say on which coin will be a main coin, bitcoin ot bitcoin cash. Thus, whichever coin has more value, will likely that they mine that coin for profitability. Bitcoin been around for years now, wherras Bitcoin Cash just a couple months, yet receive lots of attention. What if Bitcoin Cash was named differently, wouuld the story be the same? in order for bitcoin cash value continue rising, it needs mass adoption like bitcoin to have value.

Users may even have a bigger say, agreed.

[gnurta]

http://fork.lol/pow/hashrate
I think bitcoin miners are exploiting bitcoin cash mining difficulty algorithm. There is a clear pattern in the hashrate graph.

[tekmobile]

The miners have a big say on which coin will be a main coin, bitcoin ot bitcoin cash. Thus, whichever coin has more value, will likely that they mine that coin for profitability. Bitcoin been around for years now, wherras Bitcoin Cash just a couple months, yet receive lots of attention. What if Bitcoin Cash was named differently, wouuld the story be the same? in order for bitcoin cash value continue rising, it needs mass adoption like bitcoin to have value.

Bitcoin cash has not been around a couple of months it was born 1st august and the only reason it gets so much hate is because it was made to try and destroy bitcoin

Litecoin was a clone of bitcoin but gets no hate plus some other coins that use the name bitcoin that get no hate.

Bitcoin cash was created to cause confusion and to try and replace the dominant chain by bitmain this is what people take issue with not the fact it was cloned

[tekmobile]

http://fork.lol/pow/hashrate
I think bitcoin miners are exploiting bitcoin cash mining difficulty algorithm. There is a clear pattern in the hashrate graph.

It's known fact and was seen from day one that's the way it was programmed but the very exploit it also what will cause it's death