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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703561 times)
classicsucks
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October 30, 2017, 07:07:18 PM
 #7381

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...
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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bitkolik
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October 30, 2017, 07:17:26 PM
 #7382

It seems that BCH will keep rising for a while because the volume is keep increasing with the passage of time. This is real beauty of any digital coin to make its investors periodically profits.People looks enthusiast enough to keep it pushing upwards.
nascasto
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October 30, 2017, 07:31:07 PM
 #7383

For the first price is too much. I swear on the developer team every time i see. they started fork fury and everyone started forking and altcoin traders went to hell as like me.



dishku
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October 30, 2017, 07:32:49 PM
 #7384

It seems that BCH will keep rising for a while because the volume is keep increasing with the passage of time. This is real beauty of any digital coin to make its investors periodically profits.People looks enthusiast enough to keep it pushing upwards.

Agreed with you recent pump helped a lot of make nice profit almost got 2x after a panic hold. I think so it will continue with this momentum because it's promising altcoin but who are dreaming it will get succeed to replace the bitcoin than who will get very big bags.
flyx
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October 30, 2017, 07:42:32 PM
 #7385

Quote
check it out? I've got the link, pm your private keys lol

 Grin I haven't alot , very few BCH  Lips sealed
Price is $450 , if it become $50 so will be great offer for buying Smiley
I will appreaciate if you send few BCH to me : 1DZukFmN5QSEBwvCSDovTAbLPAPeoEkU2S

so i can buy an e-reader Cheesy and reading many books for school



noob, you want books? me got books off hands, lol, you ask, for free books about trading? books what you want, me give for free

my school books and staff for school

Donate:
BTC:   bc1q3ghe565af3zq20u05qpm474eu8wsff7tflcfg3
ETH:  0xDFCaFeF24a398FB8AbF4ca363c04C267c45279E5
grasshpr
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October 30, 2017, 09:26:55 PM
 #7386

BTC vs BCH debate
https://www.youtube.com/watch?v=sJAXH2FN9Dc
Warning: BCH side got wrecked
Majormax
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October 30, 2017, 11:21:27 PM
 #7387

BTC vs BCH debate
https://www.youtube.com/watch?v=sJAXH2FN9Dc
Warning: BCH side got wrecked

BCH has seen its peak. Still plenty of buyers, but each pump will have a successively lower high and each dump a lower low. Will take up to a year to drop 75% against BTC, so there is time to get out.
tiCeR
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October 30, 2017, 11:41:21 PM
 #7388

Bitcoin Cash is gaining some traction these days. Anyone knows the reasons for that or has some advice? If there is a successful fork of Bitcoin its probably Bitcoin Cash.

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FlungSpun
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October 30, 2017, 11:41:45 PM
 #7389

BTC vs BCH debate
https://www.youtube.com/watch?v=sJAXH2FN9Dc
Warning: BCH side got wrecked

BCH has seen its peak. Still plenty of buyers, but each pump will have a successively lower high and each dump a lower low. Will take up to a year to drop 75% against BTC, so there is time to get out.
So $900 is all time all time high?
European Central Bank
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October 31, 2017, 12:07:30 AM
 #7390

So $900 is all time all time high?

you find that disappointing? it looks pretty amazing for something that cost nothing.

anyway i don't think the story is over. alot more could happen yet. it's the toy of some rich and powerful people. they're not gonna walk away that easily.
Majormax
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October 31, 2017, 12:07:52 AM
 #7391

BTC vs BCH debate
https://www.youtube.com/watch?v=sJAXH2FN9Dc
Warning: BCH side got wrecked

BCH has seen its peak. Still plenty of buyers, but each pump will have a successively lower high and each dump a lower low. Will take up to a year to drop 75% against BTC, so there is time to get out.
So $900 is all time all time high?

That is my opinion, yes.  There will be a long period of trading in ranges, so the trend will not be easily seen, but it seems most likely it will be slowly down, with lots of nice pumps, giving plenty of chances to get out.
We will see , look again in a years time.
HomoHenning
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October 31, 2017, 12:15:12 AM
 #7392

Bitcoin Cash is gaining some traction these days. Anyone knows the reasons for that or has some advice? If there is a successful fork of Bitcoin its probably Bitcoin Cash.
because of the big backers like roger getting serious about it now? look here https://www.bitcoin.com/info/bitcoin-cash-is-bitcoin
after 2x fork this will get even more serious.
FlungSpun
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October 31, 2017, 12:17:39 AM
 #7393

BTC vs BCH debate
https://www.youtube.com/watch?v=sJAXH2FN9Dc
Warning: BCH side got wrecked

BCH has seen its peak. Still plenty of buyers, but each pump will have a successively lower high and each dump a lower low. Will take up to a year to drop 75% against BTC, so there is time to get out.
So $900 is all time all time high?

That is my opinion, yes.  There will be a long period of trading in ranges, so the trend will not be easily seen, but it seems most likely it will be slowly down, with lots of nice pumps, giving plenty of chances to get out.
We will see , look again in a years time.
Nice to see someone calmly nail their colours to the mast.
In the short term I'm betting against you but, then, we will see.

Unique circumstances on the horizon.
Majormax
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October 31, 2017, 12:38:34 AM
 #7394


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.
Virtuoso
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October 31, 2017, 12:40:29 AM
 #7395

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.
classicsucks
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October 31, 2017, 06:11:41 AM
 #7396

BTC vs BCH debate
https://www.youtube.com/watch?v=sJAXH2FN9Dc
Warning: BCH side got wrecked

Wow, I must've watched another video than you did.

Heart doesn't know much about development, and from what I can tell he's a Kore kiss-ass. Heart's best quote: "if Bitcoin could only mine one transaction a month, I bet the price would go even f*ckin higher".  Wow, I can't even... I like his rage toward the 2x agreement and corporate takeovers, but he's missed the plot with Kore BTC1x. He's price-obsessed and that will be his undoing. He'll go down with the ship.

Rhett Creighton is not a good debater and seems like a nobody. He found himself defending the NYA, why?  Heart gave him a bunch of personal attacks and FUD and RC wasn't able to make any points.

Heart is laughably butthurt and quite wrong IMHO.
cloudunderstood
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October 31, 2017, 07:20:21 AM
 #7397

what currency will be accepted?
ipanda
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October 31, 2017, 07:22:04 AM
 #7398

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
 #7399

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
 #7400


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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