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

[Azazel333]

So in the long run, what is the point of having BTC and Bcash? Surely one will absorb the other eventually?

It's hard to follow everything especially when you don't understand the technology that well (like me). But then again even the tech guys will disagree about a bunch of things so whos to say what is up and what is down?

I'm kind of lost as to how things will play out, I moved most of my portfolio into Bitcoin Cash although I'm not sure if that was a great idea or not.

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[anon1]

VISA < BCH

https://www.youtube.com/watch?v=5SJm2ep3X_M&feature=youtu.be&t=13m47s


I don't think Slugwitcoin is going to be able to keep up..

[svennnny]

So in the long run, what is the point of having BTC and Bcash? Surely one will absorb the other eventually?

There isn't a point other than greedy and non-agreement between parties. That is why next year in 2018 you may see at least 5 different forks happen. Their motive is pure and simple greed and oh yeah they claim they are changing something for the better. Until I see it I won't believe it and I think that is why BCH came around. Whether one will absorb the other or not remains to be seen but their could be a possibility of having two functioning bitcoins one just won't be as popular as the other is all.

Yeah I can understand your point, I do expect Bitcoin to remain top. It is hard to call in crypto though as anything can happen..

Ofcourse it will be at top. Look at the media everyone is talking about Bitcoin. Not about Bshitcash or Bitcoin gold or Bitcoin diamond or ....

[404Revolution]

So in the long run, what is the point of having BTC and Bcash? Surely one will absorb the other eventually?

There isn't a point other than greedy and non-agreement between parties. That is why next year in 2018 you may see at least 5 different forks happen. Their motive is pure and simple greed and oh yeah they claim they are changing something for the better. Until I see it I won't believe it and I think that is why BCH came around. Whether one will absorb the other or not remains to be seen but their could be a possibility of having two functioning bitcoins one just won't be as popular as the other is all.

Yeah I can understand your point, I do expect Bitcoin to remain top. It is hard to call in crypto though as anything can happen..

Ofcourse it will be at top. Look at the media everyone is talking about Bitcoin. Not about Bshitcash or Bitcoin gold or Bitcoin diamond or ....

"Media" (mass media targeting non cryptocurrency people) don't know about / mention Bitcoin Cash yet.

They also don't know about / mention blockstream, segwit, or tether. Or Gavin handing the commit keys and what that's entailed.

Basically what you are saying is irrelevant because the mass audience they are targeting aren't part of the marketmakers. Marketmakers will examine larger pools of evidence and take longer to make a conclusion.

[estenity]

"Media" (mass media targeting non cryptocurrency people) don't know about / mention Bitcoin Cash yet.

They also don't know about / mention blockstream, segwit, or tether. Or Gavin handing the commit keys and what that's entailed.

Basically what you are saying is irrelevant because the mass audience they are targeting aren't part of the marketmakers. Marketmakers will examine larger pools of evidence and take longer to make a conclusion.

yes, new money pours into btc first,
knowledge follows slowly later

[elberto]

Kraken asks me 0.001 commission to withdraw bitcoin segwit? 10.70 $ ?!

wtf!  

yeah to move 0.2 bcore from my wallet to coinbase transaction fee $9... yep love using bcore...

get ready for the bcore trolls...

[gembitz]

BEEcash butthurt is strong>.> bitcoin pumping to $12,OOO :-D weee

[bones261]

Kraken asks me 0.001 commission to withdraw bitcoin segwit? 10.70 $ ?!

wtf!  

yeah to move 0.2 bcore from my wallet to coinbase transaction fee $9... yep love using bcore...

get ready for the bcore trolls...

You really need to consult this site before sending a transaction with Bitcoin Core and use a wallet where you can set your own fee. There's a good chance you could have sent your transaction for much cheaper.

https://jochen-hoenicke.de/queue/#24h

[svennnny]

"Media" (mass media targeting non cryptocurrency people) don't know about / mention Bitcoin Cash yet.

They also don't know about / mention blockstream, segwit, or tether. Or Gavin handing the commit keys and what that's entailed.

Basically what you are saying is irrelevant because the mass audience they are targeting aren't part of the marketmakers. Marketmakers will examine larger pools of evidence and take longer to make a conclusion.

yes, new money pours into btc first,
knowledge follows slowly later

Indeed they will find out there are 1300 altcoins.

[anon1]

BEEcash butthurt is strong>.> bitcoin pumping to $12,OOO :-D weee

https://i.imgur.com/yabwoh8.png


oh and btw so im not only feeding the hungry hungry trolls...


http://www.businessinsider.com/cboes-president-hints-at-ether-and-bitcoin-cash-futures-2017-12




gasp.


oh,


em,


gee,


could it be? BCH mass Adoption on the heels of BTC?? 

[grasshpr]

I misread tether futures lol

[gembitz]

BEEcash butthurt is strong>.> bitcoin pumping to $12,OOO :-D weee

https://i.imgur.com/yabwoh8.png


oh and btw so im not only feeding the hungry hungry trolls...


http://www.businessinsider.com/cboes-president-hints-at-ether-and-bitcoin-cash-futures-2017-12




gasp.


oh,


em,


gee,


could it be? BCH mass Adoption on the heels of BTC?? 

dump beecash and buy bitcoin weeee

[Mrpumperitis]

^lols dump....if you want too....
Im about to buy another big chunk of BCH 

[hardalisas]

^lols dump....if you want too....
Im about to buy another big chunk of BCH 

Wise choice.
Compared to BTC, It is much easier for BCH to gain another 30-50% growth soon.

[anon1]

^lols dump....if you want too....
Im about to buy another big chunk of BCH 

Wise choice.
Compared to BTC, It is much easier for BCH to gain another 30-50% growth soon.

Exactly.





 

Only an idiot would dump a coin that's been giving those kinds of numbers....

[jbreher]

In the interview that made Roger Ver angry, he said he has no problem with centralization.

I was distracted with work while i was watching the 'interview'. I must have missed where Ver said he "has no problem with centralization". Do you have a time into the timeline where he says that?

[jbreher]

To be honest , any coin run by ASICS will be centralized due to economic's forces.
(Only the Rich can afford the costs of maintaining ASICS.)

All PoW coins will eventually uses ASICS or be centralized to mining farms, it is a design flaw in PoW that can not be fixed.
You have to move to a new algo to stop centralization, if that is your main concern.

True. That's why there should be a POS Bitcoin. That one will be the winner. Moreover, it will not use as much energy as the POW Bitcoin which is better for the environment. If I would be working on Blockchains than I would have made a Bitcoin POS split.

That would be a good idea, but here are the things stopping it.

1.  PoW Miners refuse to give up the control

2.  PoS requires at least 1 billion coins to be secure, anything lower and 51% attacks become a greater concern.

3.  Many PoS implementations has excessive inflation rates that cause a downward price pressure that never relents for long.

Those are the main obstacles.  When Eth does convert to PoS, watch and see where if the money stay with ETH or switches to ETC ,
Miners still dominate the majority of trading, and their interests are still PoW.

Naaah. The obstacle facing a potential PoS version of Bitcoin is for somebody to expend the effort to code it up and fork it off. Other than this, there are exactly zero barriers to accomplishing such a thing.

What are ya waiting for? Hop to it!

[jbreher]

According to the below report the people running Bitcoin Cash are “plotting the death of Bitcoin” by launching a coordinated attack on the Bitcoin network. You will be amazed of what you will find in the background profile of the main figures behind Bitcoin Cash.

https://medium.com/@MiguelCuneta_21450/the-big-bitcoin-battle-what-i-found-out-about-bitcoin-vs-bcash-d9ebca8d370

Jeebus. Again with this article full of lies, distortions, misunderstandings, and other garbage? The article is bullshit. Earlier upthread -- in response to your post -- I posted several such falsehoods found in a single paragraph. Did you have the courage to reply with a rebuttal? No.

That make you a liar as well. Just stop.

[Mrpumperitis]

aww orders filling nicely...
last BFD the way i see it  $1440 is excellent considering we going over $2k easily.

[jbreher]

According to the below report the people running Bitcoin Cash are “plotting the death of Bitcoin” by launching a coordinated attack on the Bitcoin network. You will be amazed of what you will find in the background profile of the main figures behind Bitcoin Cash.

https://medium.com/@MiguelCuneta_21450/the-big-bitcoin-battle-what-i-found-out-about-bitcoin-vs-bcash-d9ebca8d370e

"I also did a lot of research into the nitty gritty on the strengths and weaknesses of both implementations, things like the blocksize debate, scaling, rising transaction fees, network congestion, and more, but I am afraid that would take up too much time and turn this piece into a boring technical discussion. Instead, I will focus on the development team behind both, the main public proponents of each side, and touch on the network’s miners and nodes."

... and then demonstrates that his understanding of Bitcoin is so woefully wrong, that he confuses Bitcoin Cash (the blockchain) with the totality of client implementations. For starters.