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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703572 times)
esbrave789
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December 09, 2017, 05:29:35 PM
 #11181

Some miners have always had a firm belief in expansion, which is why they insisted for the first time. They have always believed that Bitcoin Cash can be expanded from 1MB to 8MB. Others are ideologically aware that Bitcoin Cash will always stand up
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Bitbobb
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December 09, 2017, 06:55:52 PM
Last edit: December 09, 2017, 09:28:33 PM by Bitbobb
 #11182

So 50Million Americans were told on MSM 2 days ago that all of their favorite stores now accept bitcoin.

In other words local and national news just told a large part of rural USA that bitcoin is now legit and you can now buy stuff with it like coffee and Christmas presents etc.

Later that same day we saw the price shoot up to 19K usd.

Also in that same news cycle that evening we are told of a hack of 76 Million.  Now everyone thinks bitcoin is not safe and can be hacked.

Next morning at 9:15 maybe the thief dumps IDK???  now price is back where it was before the news story ran..
                                                                              

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December 09, 2017, 09:26:33 PM
 #11183


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December 09, 2017, 09:34:29 PM
Last edit: December 09, 2017, 09:53:06 PM by classicsucks
 #11184

i hate to tell you, but dump your bch bags while you still can

I agree but for what reason do you say so

too heavily manipulated


We've been telling you that all along why listen now

because, the whole crypto market is being manipulated, although not as heavily as far as bch is concerned, and I bought at a cheap price, so I could hardly care less
Since it is heavily manipulated, I am sure the manipulators will surely pump it up again to make profit.
I will just hold some and wait until it happens.

All the time it's being manipulated they are loosing money and won't do if forever

I would be concerned about a 51% attack also because the unknown miner has plenty of hashing to do this and effectively could sell everything mined from day one until now while mining a longer chain silently on the side and not including their own transactions.

After it's confirmed and everything sold them publish the new longer chain as this would be valid and deemed the genuine chain and then spend everything again for a massive exit scam

You really need to understand what a 51% attack is and how easily one can be performed

Come on people, of course the crypto markets are manipulated - how do you think these rapid price shifts happen? It's ironic that when BTC blows the roof off that it's "good manipulation" yet when BCH drops or pumps it's "bad manipulation".

Wake up and smell the money. Wall St starts shorting BTC tomorrow, but suddenly the alts and BTC decoupled... Aztek if you're here, it's looking like your prediction of short squeeze was spot on!

Tek, stop with the 51% stuff, everybody knows a 51% attack is not profitable.


BTW I sold BTC @$17k
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December 09, 2017, 10:46:52 PM
 #11185


Central banks around the world are aware that the international monetary system is moving away from the US dollar and that the role of cryptocurrencies will become much greater in the future. However, sudden shocks could bring the global economy into free fall.

Therefore, central banks will have no choice but to accumulate crypto reserves. Goldcoin (GLD) is ideally suited for use as a reserve currency by central banks because it's built on the original Nakamoto protocol and has been fully hardened by our 51% defense system.

--

Goldcoin (GLD) could potentially become the new reserve currency of the world: https://en.wikipedia.org/wiki/Gold_reserve


I guess this is a good time to ask my still unanswered trivia question.  Does anyone here know what SDR is?  lol

the correct answer will win some BCH from me.  I reserve the right to send any amount I wish based upon quality of the answer..

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December 09, 2017, 10:59:39 PM
 #11186

special drawing rights.


new world transaction currency..



while the masses think china and russia's the bad guy..




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December 09, 2017, 11:02:17 PM
 #11187

special drawing rights.


new world transaction currency..

ok but what is it?  Can you further define it?  

obviously sdr stands for special drawing right.  but what are they?  etc. etc. etc.

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December 09, 2017, 11:16:42 PM
 #11188

special drawing rights.


new world transaction currency..

ok but what is it?  Can you further define it?  

obviously sdr stands for special drawing right.  but what are they?  etc. etc. etc.




it's the creation of the head of the monopoly we call the central banking system. central bank->IMF(world bank).


"The SDR is a type of international reserve asset that the IMF created in 1969 to buttress the Bretton Woods system of fixed exchange rates that was established at the end of World War II." - https://www.cnbc.com/2015/11/28/imf-expected-to-include-yuan-in-sdr-currency-basket.html


"The IMF is trying to move the world away from the U.S. dollar and towards a global currency once again.  In a new report entitled “Enhancing International Monetary Stability—A Role for the SDR“,"- http://money.cnn.com/2011/02/10/markets/dollar/index.htm

The China-IMF Plan for a Yuan Reserve Currency Will Topple the Dollar- https://moneymorning.com/2015/06/11/the-china-imf-plan-for-a-yuan-reserve-currency-will-topple-the-dollar/

i believe as of last year or 2 china was included in the sdr along with the other four or five countries.

now now, i like trivia, can you tell me what or who the BIS is?

*sorry i get ahead of myself.
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December 09, 2017, 11:35:42 PM
 #11189

Let's see where Bitcoin Cash is going. Roger Ver bought the bitcoin.com domain because he believes that Bitcoin Cash is going to be rebranded to Bitcoin and that Bitcoin core is going to be the Bitcoin Classic, mainly because he believes that BCH it's the true vision of Satoshi. I really would like that Satoshi could give his own opinion about all this.

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Victorio
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December 09, 2017, 11:39:24 PM
Last edit: December 09, 2017, 11:51:09 PM by Victorio
 #11190

ok but what is it?  Can you further define it?  

obviously sdr stands for special drawing right.  but what are they?  etc. etc. etc.
Each country makes a financial contribution to become a member of the IMF. The contribution size depends on each country's macroeconomic conditions.
SDRs are used as unit of account, settlement and voting rights.
Based on the SDR position (below/above the quota) a country can obtain financing from IMF or member countries (either many-to-one or one-to-one) to cover short-term reserve deficit. It also determines the capped amount IMF might allocate a country under a certain arrangement, especially for mid-term structural reforms.
SDR position makes a part of each country's Reserve Assets. % wise it's a small share for many countries - about 1-4% of total reserves.

The SDR mechanism favors wealthy states, that contribute more to the currency pool. Members with a low % of total SDRs have slightly higher % of total voting rights, though.
I foresee unhappy opinions, that "capitalist rich countries corrupt and ride on the back of brave poor countries", because IMF-backed financing comes with tough requirements for the recipient countries. It's totally OK to have a strong grip over the counterparty you are financing - debt shall be repaid, not written off and the recipient should realize the reforms it's claiming funding for.
On the same note, people should be more responsible in their decisions - electing corruptible politicians, they are pushing themselves to the edge. Like it was in Greece - too many social programs built on borrowed money led to unsustainable level of debt. Credit is beneficial, when you invest in marginally profitable projects or develop the infrastructure, not when you pay pensions out of external debt.

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December 10, 2017, 12:27:05 AM
 #11191

Let's see where Bitcoin Cash is going. Roger Ver bought the bitcoin.com domain because he believes that Bitcoin Cash is going to be rebranded to Bitcoin and that Bitcoin core is going to be the Bitcoin Classic, mainly because he believes that BCH it's the true vision of Satoshi. I really would like that Satoshi could give his own opinion about all this.

And he is proved to be wrong there is no flippening. Bitcoin is shining after futures 20K incoming <33333
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December 10, 2017, 01:25:25 AM
 #11192

Let's see where Bitcoin Cash is going. Roger Ver bought the bitcoin.com domain because he believes that Bitcoin Cash is going to be rebranded to Bitcoin and that Bitcoin core is going to be the Bitcoin Classic, mainly because he believes that BCH it's the true vision of Satoshi. I really would like that Satoshi could give his own opinion about all this.

And he is proved to be wrong there is no flippening. Bitcoin is shining after futures 20K incoming <33333

There was a image posted on twitter a bit back supposedly from jihan on some chinese site poorly translated talks about the death of BCH

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December 10, 2017, 01:29:22 AM
 #11193

What will happen with bitcoin and bitcoin cash after futures?
I hope they can both have a tremendous pump. Cheesy

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December 10, 2017, 04:33:25 AM
 #11194


Central banks around the world are aware that the international monetary system is moving away from the US dollar and that the role of cryptocurrencies will become much greater in the future. However, sudden shocks could bring the global economy into free fall.

Therefore, central banks will have no choice but to accumulate crypto reserves. Goldcoin (GLD) is ideally suited for use as a reserve currency by central banks because it's built on the original Nakamoto protocol and has been fully hardened by our 51% defense system.

--

Goldcoin (GLD) could potentially become the new reserve currency of the world: https://en.wikipedia.org/wiki/Gold_reserve


I guess this is a good time to ask my still unanswered trivia question.  Does anyone here know what SDR is?  lol

the correct answer will win some BCH from me.  I reserve the right to send any amount I wish based upon quality of the answer..

I already answered you back when you asked that question a couple weeks ago. It was within a couple posts of your asking. You never even acknowledged that I posted.  You want me to dig it up for you?

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.
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December 10, 2017, 04:35:35 AM
 #11195

Roger Ver bought the bitcoin.com domain because he believes that Bitcoin Cash is going to be rebranded to Bitcoin

Sorry, but that is just plain ridiculous. Ver has owned the bitcoin.com domain name for way longer than Bitcoin Cash had even been conceptualized.

Where do you come up with this drek?

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.
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December 10, 2017, 04:44:02 AM
 #11196

Its just pushed by Roger  Angry
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December 10, 2017, 05:20:29 AM
 #11197

Let's see where Bitcoin Cash is going. Roger Ver bought the bitcoin.com domain because he believes that Bitcoin Cash is going to be rebranded to Bitcoin and that Bitcoin core is going to be the Bitcoin Classic, mainly because he believes that BCH it's the true vision of Satoshi. I really would like that Satoshi could give his own opinion about all this.

Wow, I didn't know about this thing until today after accidentally bumped this post. But I have a feeling that the site is pro-BCC or BCH and others have sensed it too based on their comment/s on website's news releases. So, what do you think of their Bitcoin news, do they have some fake news?

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December 10, 2017, 08:23:59 AM
 #11198

Its just pushed by Roger  Angry

Roger Ver was the very first pushing Bitcoin (2011) , so whats wrong here?

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December 10, 2017, 10:26:59 AM
 #11199

Its just pushed by Roger  Angry

Absolutely ..

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December 10, 2017, 10:35:19 AM
 #11200

This is the future shame BCH can't do it

https://twitter.com/joaodealmeida94/status/939721796902883328
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