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

[Rosewater Foundation]

the bcash is the scam token coin???

Forgot about you,  dumb troll list updated.


╥Aztek

money scam is the bitcoins cash. isn't?

[tekmobile]

BTG is the new BCH type pump to .50+btc :-D wee

https://hitbtc.com/exchange/BTG-to-BTC

Yea seen a nice pump today now bittrex has listed it for trade and also doing pretty much the same number of transactions as Bcash

Tekmobile, will you enjoy bitcoin gold become the coin that flips bitcoin or will you turn on them when they become a threat to bitcoin marketcap.?

I hold some bitcoin gold and they are not competing with bitcoin or trying to or claiming to be bitcoin so I hope they can get up there at the top doing pretty well now after a shakey start currently up around 150% now and currently more transactions per block than BCH

Fibs                                :  What Tek really means
not competing with bitcoin:  Every coin is competing with core segshit for fiat

not claiming to be bitcoin      :  Bitcoin Gold  , Then maybe they should drop the name Bitcoin , GPU Gold maybe?

I hope they can get up there at the top:  So I can sell those bitches and make some easy fiat before the scammers crash the scam.

shakey start                    :  Took them forever beause they don't know what they are doing

currently more transactions per block :  Made up FUD , does not think anyone will check

* I Went to check :
Bitcoin Gold
https://btgexplorer.com/blocks

Error!
Can't connect to bitcoind to get live updates from the p2p network. (Tried connecting to bitcoind at : and failed.)

Other Bitcoin Gold Explorer never loaded
(Very convenient)

Bitcoin Cash the Explorers (like the coin) works
http://blockdozer.com/insight/blocks
Last 8 blocks were a total of 1701 transactions

Hard to actually compare when bitcoin gold/crap explorers are not even working , might want to fix that tek


╥Aztek

Im taking data from my own nodes that I own

mempool.online/bcash
mempool.online/bgold

[tekmobile]

Im taking data from my own nodes that I own

mempool.online/bcash
mempool.online/bgold

Considering you are the smart sneaky troll, 3rd party verification is required.

Until then , your statement is considered false.

Tell the scammers to fix their scam explorers.


╥Aztek

If you want a working trustworthy explorer go to the site above and click on the Bgold donation address it will take you to the trezor block explorer

[serby10101010001100010]

https://i.redd.it/e3rs7fyw29zz.png

https://www.reddit.com/r/Bitcoin/comments/7eex7c/tether_critical_announcement_30950010_usdt_was/

[serby10101010001100010]

https://i.redd.it/e3rs7fyw29zz.png

https://www.reddit.com/r/Bitcoin/comments/7eex7c/tether_critical_announcement_30950010_usdt_was/

Lot of red in the markets right now , especially segshit

Wonder if this is the reason:

If Tether creation doesn't represent real cash pumped into system, then any BTC bought with it doesn't represent real $ in the price.
Fractional reserve, so to speak, yet listed as having $1 value, which buys you $1 of BTC...
but if that money goes poof... what happens to BTC price?

╥Aztek

Mt Gox all over again, remember what happened with the russian exchange btc-e, https://www.reddit.com/r/Bitcoin/comments/6q8ddy/so_did_i_just_get_robbed_by_the_us_govt_btce/

"It's even more hilariously ironic that citizens of free countries who used BTCe according to domestic laws have no access anymore to their funds because of the US governments actions." I find it sketchy, to say the least, that when asked about their Americans citizens clients funds, Bitfnex just evaded the question.

But yes, to answer your question i guess this what awaits BTC holders "imagine what happens when bitfinex, who holds the majority stake in tether, is tied to a conspiracy to print fraudulent tethers to buy BTC. Bitfinex shuts down and all the money that was created to pump bitcoin was a fallacy. everyone who holds btc on bitfinex is at stake and begins to sell or run. panic, like a bank run."

"Well, runaway inflation based on unbacked money (loan overextension on the order of 60% from the nascent Federal Reserve IIRC) in the 1920s was what ultimately caused the Great Depression. The fundamentals here are the same - if USDT has been pumping crypto prices, they'll adjust accordingly."

"an increase in the money supply (even if fake, for practical purposes the USD supply increased) increases prices. An immediate decrease would lower prices. Since USDT within exchanges is a much smaller "economy" than the whole USD market, this effect might have more impact than just printing dollars.'

[serby10101010001100010]

https://www.reddit.com/r/CryptoCurrency/comments/7efdef/the_funniest_part_of_the_tether_hack/

it was and inside-out job

[serby10101010001100010]

https://i.redd.it/e3rs7fyw29zz.png

https://www.reddit.com/r/Bitcoin/comments/7eex7c/tether_critical_announcement_30950010_usdt_was/

Lot of red in the markets right now , especially segshit

Wonder if this is the reason:

If Tether creation doesn't represent real cash pumped into system, then any BTC bought with it doesn't represent real $ in the price.
Fractional reserve, so to speak, yet listed as having $1 value, which buys you $1 of BTC...
but if that money goes poof... what happens to BTC price?

╥Aztek

Mt Gox all over again, remember what happened with the russian exchange btc-e, https://www.reddit.com/r/Bitcoin/comments/6q8ddy/so_did_i_just_get_robbed_by_the_us_govt_btce/

"It's even more hilariously ironic that citizens of free countries who used BTCe according to domestic laws have no access anymore to their funds because of the US governments actions." I find it sketchy, to say the least, that when asked about their Americans citizens clients funds, Bitfnex just evaded the question.

But yes, to answer your question i guess this what awaits BTC holders "imagine what happens when bitfinex, who holds the majority stake in tether, is tied to a conspiracy to print fraudulent tethers to buy BTC. Bitfinex shuts down and all the money that was created to pump bitcoin was a fallacy. everyone who holds btc on bitfinex is at stake and begins to sell or run. panic, like a bank run."

"Well, runaway inflation based on unbacked money (loan overextension on the order of 60% from the nascent Federal Reserve IIRC) in the 1920s was what ultimately caused the Great Depression. The fundamentals here are the same - if USDT has been pumping crypto prices, they'll adjust accordingly."

"an increase in the money supply (even if fake, for practical purposes the USD supply increased) increases prices. An immediate decrease would lower prices. Since USDT within exchanges is a much smaller "economy" than the whole USD market, this effect might have more impact than just printing dollars.'

Interesting , if one looks at Nov 12th when it looked like the flippening was about to happen.
There was massive trading volume in Bitcoin Cash and Core btc which is to be expected.
However thether also have it's highest ever trading volume on Nov 12th, maybe using tether funny money is how they were able to delay the flippening.
(Flippening will happen just a matter of time.)


╥Aztek

Spot on; it was also the perfect timing to "tame" ETH, it's easy to see when you compare the ETH BTC charts https://pbs.twimg.com/media/DO-VdebX4AA5Mll.jpg:large

https://news.ycombinator.com/item?id=15745532

https://twitter.com/Bitfinexed/status/932794378216792064

[tekmobile]

https://i.redd.it/e3rs7fyw29zz.png

https://www.reddit.com/r/Bitcoin/comments/7eex7c/tether_critical_announcement_30950010_usdt_was/

Lot of red in the markets right now , especially segshit

Wonder if this is the reason:

If Tether creation doesn't represent real cash pumped into system, then any BTC bought with it doesn't represent real $ in the price.
Fractional reserve, so to speak, yet listed as having $1 value, which buys you $1 of BTC...
but if that money goes poof... what happens to BTC price?

╥Aztek

You must be looking somewhere different to me cos right now it's still up on the previous day

[tekmobile]

You must be looking somewhere different to me cos right now it's still up on the previous day

It was down earlier, it just recently went back up.

╥Aztek

Oh I must have missed that did have a look at the Bgold transactions per block vs Bcash on the trezor block explorer

https://btg-bitcore2.trezor.io/blocks

https://bch-bitcore2.trezor.io/blocks

Since you don't trust the data collected from my nodes

[tekmobile]

You must be looking somewhere different to me cos right now it's still up on the previous day

It was down earlier, it just recently went back up.

╥Aztek

Oh I must have missed that did have a look at the Bgold transactions per block vs Bcash on the trezor block explorer

https://btg-bitcore2.trezor.io/blocks

https://bch-bitcore2.trezor.io/blocks

Since you don't trust the data collected from my nodes

LOL, you did not trust my info about segshit coin being lower til I showed the chart you could compare with CMK.
3rd party verification

BTG         Transactions         BCH                 Transactions
Last 25 Blocks   3089           Last 25 Blocks   2542
Last 50 Blocks    8250           Last 50 Blocks   5882
Trading Volume                    Trading Volume
$290,440,000                       $890,557,000    


So there is a few more transactions on BTG at the moment.
1. They need to fix their explorers
2. They need to fix the CMK reporting
Market Cap
?
? BTC


Those small things makes them seem like amateurs.
Your Money .


╥Aztek

You may trust the info collected from my own nodes now lol

I agree that the CMC circulating supply needs sorting because they should be up there at the top somewhere around litecoin just above I think (around $4,000,000,000 area) but with no coin supply there stuck at 1000+ I will admit there is still some work to do but still feel that accumulating a bit right now will pay off long term once more exchanges start accepting but im mining back with nicehash again at the moment though

There's supposed to be some other bitcoin fork next month I think called bitcoin diamond that just looks to be a clone of gold but were getting 4 for every 1BTC or something I can see 2018 being the year of the forks like 2017 was the year of the ICO

[serby10101010001100010]

https://www.reddit.com/r/ethereum/comments/7eg09l/warning_15000000_usdt_being_deposited_to_known/ WARNING: ~$15,000,000 USDT being deposited to known Bitfinex exchange address right now (post hack!). Archived links in the comments

pseudo hacker moving its tether, this really looks bad for btc.

[serby10101010001100010]

https://www.cryptocoinsnews.com/tether-treasury-hacked-31-million-flagged-as-not-redeemable/

Tether Claims $31 Million Theft of USD Token by Hacker, Flags it ‘Non-Redeemable’

“Tether quietly did a hard fork to blacklist a specific address and freeze funds. Three questions: 1. Who controls the Omni ledger and who can perform these kinds of operations? 2. Why was this address blacklisted? 3. Which other addresses are next in line?”

this article is just bullshit, they're trying to cover it up under the 'hacker' exploit.

[European Central Bank]

excellent straw grasping. keep up the great work.

[garytheasshole]

Pro analysis bro. Clearly you have foresight powers, lead the way oh jesus of the cryptomarket.

[no-ice-please]

this is bitcoin trash! it will cost you your cash!

dont support this bs guys. if you buy into this you are fighting against bitcoin. we are all here for 2 things. holding cryptos and making money!

dont buy this. if it gos to 2k again dont care about that you can miss 1 pump just let it go!  sell your bitcointrash and never buy this again!

own the real bitcoin. dont own trash that could dump to $100 in 5 min. 
everyone that loves crypto love bitcoin go think about it!  if you buy this or holding this you supporting attacks on bitcoin. dont be greedy you can miss 1 pump we have enough other coins that pump.

be a man stand upp! say no to trashcoin!

It's hard to say no to such epic pumps though. As much as I hate BCH and everyone supporting it, I did enjoy riding the bull all the way up to 0.5 and even more when I shorted it all the way down to 0.14. But yeah this fork is not doing anyone any favors other than day traders.

So you hit the nail on the head in both directions? Exited before the flash crash at 0.5 and shorted down till 0.14? Maybe you can lend me your crystal ball for a few days, thanks!

Me and dozens of other people, it was so obvious.

So no crystal ball involved to exactly hit the ATH and the daily low? From trader to trader: you got my deepest respect!

[The One]

https://i.redd.it/e3rs7fyw29zz.png

https://www.reddit.com/r/Bitcoin/comments/7eex7c/tether_critical_announcement_30950010_usdt_was/

Lot of red in the markets right now , especially segshit

Wonder if this is the reason:

If Tether creation doesn't represent real cash pumped into system, then any BTC bought with it doesn't represent real $ in the price.
Fractional reserve, so to speak, yet listed as having $1 value, which buys you $1 of BTC...
but if that money goes poof... what happens to BTC price?

╥Aztek

Steal USDT to buy BTC then sell to fiat = millionaire. As usual every scammer exchange/whatnot blames some random "hacker."

[The One]

https://themerkle.com/bitcoin-gold-devs-claim-their-premine-is-a-postmine/

It is always interesting to see cryptocurrency founders attempt to justify their actions. In this case, the Bitcoin Gold scheme is known to have a premine which consists of a few thousand coins. According to the developers, this “fund” should not be labeled a premine, as that is not how it was created. Rather, the network launched by replicating the existing Bitcoin blockchain and its history.

This resulted in the creation of Bitcoin Gold, which “split” from the network at block 491.407 on October 24th. At that time, a brief mining period was created to store coins for the future of this project. By definition, this is a pure premine that should never have existed in the first place. A total of 100,000 BTG was mined by the developers, which – in their opinion – classifies it as a “post-mine” since 16.5 million BTG were in existence already. However, these coins were not immediately distributed to their rightful owners.

While the Bitcoin Gold developers try to explain how that wasn’t a premine, the rest of the community may have a different opinion. It is true that Bitcoin Gold had coins “associated” with Bitcoin addresses before the developers mined coins. However, the network was purposefully kept private. A premine involves privately mining to accumulate a number of coins and making mining public afterward. That is exactly what happened with BTG; thus this whole debate is a matter of semantics.

Moreover, given the delayed launch of the mainnet, the Bitcoin Gold developers were – technically speaking – in full control over all of the BTG generated on the network at all times. That is still a big problem which can’t be explained away by playing word games. While the BTG “post-mine” represents just 0.6% of the supply, it is still a figure that will irk a lot of people. Premine, postmine, or subsidized block rewards and hidden mining pool fees are frowned upon by cryptocurrency users in general. Bitcoin Gold is guilty of at least two offenses in this regard so far.

One point worth mentioning is that the 100,000 BTG mined by the developers is effectively locked up for the time being. They are stored in multisignature wallets, which is rather interesting. This seems to indicate that BTG boasts multisig support out of the box, a fact very few people are even aware of. Spending money requires four out of six core member signatures. That’s not the most secure approach, as collusion among developers is still a very real possibility. Around 60% of the mined coins are in time-locked wallets, which should keep them safe from being spent for some time to come.

40,000 of those 100,000 BTG are not Truly Locked, it just required 4 out of 6 members of the BTG dev team to agree to sell them.

A new fork = a new chain. Mining the first 100,000 of the new chain = premine. A postmine would be the last 100,000 (or whatever) of 21m coins.

[seek4dream]

this is bitcoin trash! it will cost you your cash!

dont support this bs guys. if you buy into this you are fighting against bitcoin. we are all here for 2 things. holding cryptos and making money!

dont buy this. if it gos to 2k again dont care about that you can miss 1 pump just let it go!  sell your bitcointrash and never buy this again!

own the real bitcoin. dont own trash that could dump to $100 in 5 min. 
everyone that loves crypto love bitcoin go think about it!  if you buy this or holding this you supporting attacks on bitcoin. dont be greedy you can miss 1 pump we have enough other coins that pump.

be a man stand upp! say no to trashcoin!

It's hard to say no to such epic pumps though. As much as I hate BCH and everyone supporting it, I did enjoy riding the bull all the way up to 0.5 and even more when I shorted it all the way down to 0.14. But yeah this fork is not doing anyone any favors other than day traders.

So you hit the nail on the head in both directions? Exited before the flash crash at 0.5 and shorted down till 0.14? Maybe you can lend me your crystal ball for a few days, thanks!

Me and dozens of other people, it was so obvious.

So no crystal ball involved to exactly hit the ATH and the daily low? From trader to trader: you got my deepest respect!

LOL. That is not easy. Especially the 0.5 part.
It is hard to hold until that price to dump if you have always been ready to dump.

[CrytpoGod27]

Anyone know when the next BCH pump n dump is scheduled to begin? Want to make sure I sell at the top this time and grab some more bitcoin.

Thanks!

[Rosewater Foundation]

does the fake bitcoins scam the peoples?