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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703572 times)
classicsucks
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December 20, 2017, 11:20:36 PM
 #11761

You sound smart, but your solutions to scaling problems are so overcomplicated that they verge on absurd. Do you code? That would explain it.

The market needed more capacity because Blockstream was blocking scaling for 4 years. Altcoins blossomed during that time to meet investment and transactional demand. That's the solution, no complicated BS.
I agree that Blockstream could have done more in these 4 years and altcoins have benefited this stagnation. We disagree on scaling solutions.

Could you please refer me the most well-documented articles that debate Layer2 scaling solutions?
I'm trying to grasp the position of both Layer2 opponents and supporters. Not kidding.

Sure, I'm always interested in civil debate. You could start with this article:

https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

I concentrate less on the technical aspects than the practical - why would people re-tool their entire payment architecture for Lightning? For example, look how few have implemented Segwit. Furthermore, Lightning is simply too little too late - nobody wants it and nobody needs it. The fact that Blockstream almost single-handedly killed BTC to force people onto BTC must tell you something about their business model...

Now it's too late, BCH is steaming forward and BTC is languishing in a backwater. It's funny that Wall Street went all in to control BTC right at the time that the market started tanking... looks like they could be the greater fool this time!   Who knows, maybe they will pump past $20k again...  I don't really care as I've exited the BTC market.

"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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classicsucks
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December 20, 2017, 11:26:13 PM
 #11762

You guys dont understand one Think.. Bitcoin its the base of the price If he fails ALL coins Will fail. Maybe you can Get bch to 16k and btc to 2k but If you are investing in any other coin Will be worthless!! Dont sell btc to bch.. put New money in and buy bchz otherwise you are killing your self, more then helpping Smiley

That is nonsense. If Bitcoin fails it does not mean at all that all coins will fail. Where did you get that from?

Dude Check any coin, the base its BTC allways .. the price of ALL coins are connected with btc..  Just for example imagem that 1 BTC its worth 1000$ and this coin X Its worth 1 BTC that also equals to 1000$, If Btc drops 50% and then its worth 500$, the other coin that Its worth 1 BTC It Will drop the price as well to 500$.. I dont know If you Get It.. but its all connected..

NOPE. The alts have recently decoupled from BTC - look at coinmarketcap any day this week. BTC floating or down all week, every single alt up 20% or more!  Oh, except LTC is floating too. Kind of makes you wonder if the /r/Bitcoin Kore troll army is as smart as they think they are... Sheep are easily led to slaughter...

Here we talk about hard facts and technology, not pre-censored hype and hysteria. BCH kicked ass in the past month - it exploded in a manner similar to Bitcoin in 2014 with massive press, merchant adoption, software releases, and technical superiority. If you can't see that, I don't know what to tell you.
bones261
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December 20, 2017, 11:34:27 PM
 #11763

You guys dont understand one Think.. Bitcoin its the base of the price If he fails ALL coins Will fail. Maybe you can Get bch to 16k and btc to 2k but If you are investing in any other coin Will be worthless!! Dont sell btc to bch.. put New money in and buy bchz otherwise you are killing your self, more then helpping Smiley

That is nonsense. If Bitcoin fails it does not mean at all that all coins will fail. Where did you get that from?

Dude Check any coin, the base its BTC allways .. the price of ALL coins are connected with btc..  Just for example imagem that 1 BTC its worth 1000$ and this coin X Its worth 1 BTC that also equals to 1000$, If Btc drops 50% and then its worth 500$, the other coin that Its worth 1 BTC It Will drop the price as well to 500$.. I dont know If you Get It.. but its all connected..

NOPE. The alts have recently decoupled from BTC - look at coinmarketcap any day this week. BTC floating or down all week, every single alt up 20% or more!  Oh, except LTC is floating too. Kind of makes you wonder if the /r/Bitcoin Kore troll army is as smart as they think they are... Sheep are easily led to slaughter...

Here we talk about hard facts and technology, not pre-censored hype and hysteria. BCH kicked ass in the past month - it exploded in a manner similar to Bitcoin in 2014 with massive press, merchant adoption, software releases, and technical superiority. If you can't see that, I don't know what to tell you.

I don't think you want to compare BCH with how BTC was back in 2014. After MtGox, BTC experienced quite the bear market for the rest of 2014 and much of 2015. However, fortunately for BCH, the markets are a bit more decentralized than what Bitcoin was back in early 2014.
jbreher
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December 20, 2017, 11:40:10 PM
 #11764

I address all opponents of Layer2 mechanisms.

Bitcoin transaction protocol is very similar to roads.

Just no. Bitcoin transaction protocol is absolutely nothing like roads. Unfortunately, that makes the remainder of your 'reasoning' irrelevant.

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.
Bitbobb
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Less hops. More wins.


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December 20, 2017, 11:42:45 PM
 #11765


Bitbobb
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Less hops. More wins.


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December 20, 2017, 11:44:26 PM
 #11766


jbreher
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lose: unfind ... loose: untight


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December 20, 2017, 11:47:26 PM
 #11767

Have fun with that:

http://txhighway.com/

Haha! Freeking genius. Funny as all getout. And a useful tool besides.

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.
jbreher
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December 20, 2017, 11:51:03 PM
 #11768

gavin is the currupted man who bought private keys from satoshi for cheap now he is on verge of doing never ending curruption.

Where do you come up with this unmitigated bullshit?

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.
jbreher
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December 20, 2017, 11:52:51 PM
 #11769

A very interesting report about the two coins. 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

That article has been throughly debunked over and over again. Dismays me really, as Cuneta is otherwise usually a pretty sage voice. But he either has grave misconceptions about Bitcoin Cash, or he is lying through his teeth.

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.
jbreher
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December 21, 2017, 12:04:23 AM
 #11770

You guys dont understand one Think.. Bitcoin its the base of the price If he fails ALL coins Will fail.

You don't understand one Think. The only thing that makes Bitcoin Segwit and not Bitcoin Cash the real Bitcoin is the accumulated proof of work. Once miners have expended more hashpower on Bitcoin Cash than Bitcoin Segwit, then Bitcoin Cash becomes the real Bitcoin.

TL;DR Bitcoin will not fail.

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.
jbreher
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December 21, 2017, 12:06:05 AM
 #11771

Could you please refer me the most well-documented articles that debate Layer2 scaling solutions?
I'm trying to grasp the position of both Layer2 opponents and supporters. Not kidding.

Nothing wrong with Layer 2 scaling solutions. However, Layer 1 also needs maximization. Which Core refuses to do. Accordingly, the market will soon route around them.

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.
jbreher
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December 21, 2017, 12:12:56 AM
 #11772

I don't think you want to compare BCH with how BTC was back in 2014. After MtGox, BTC experienced quite the bear market for the rest of 2014 and much of 2015. However, fortunately for BCH, the markets are a bit more decentralized than what Bitcoin was back in early 2014.

While 2014 was a disappointment for BTC in the marketplace, there was a huge amount of activity in investment, new companies being launched, new tools, and general ecosystem expansion. The same is happening today for BCH. I kinda assume that was what was meant.

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.
Mrpumperitis
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December 21, 2017, 03:56:51 AM
 #11773

get your bootys back into BCH asap....  Grin

Its going up ....alot  Smiley

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
OWZ1337
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BITCOIN===>THE DISRUPTIVE CYBERCURRENCY


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December 21, 2017, 04:01:35 AM
 #11774

I don't think you want to compare BCH with how BTC was back in 2014. After MtGox, BTC experienced quite the bear market for the rest of 2014 and much of 2015. However, fortunately for BCH, the markets are a bit more decentralized than what Bitcoin was back in early 2014.

While 2014 was a disappointment for BTC in the marketplace, there was a huge amount of activity in investment, new companies being launched, new tools, and general ecosystem expansion. The same is happening today for BCH. I kinda assume that was what was meant.

CHART ACTIVATING===> IT'S B-DASH BRAH :-D WEEEEE

https://poloniex.com/exchange#btc_dash

I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! Wink weee™
Mrpumperitis
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December 21, 2017, 04:35:28 AM
 #11775

Guys......get in BCH ....NOW  Cool


                       BCH IS GOING OVER $100BILLION

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
snowfu199
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December 21, 2017, 07:55:11 AM
 #11776

Guys......get in BCH ....NOW  Cool


                       BCH IS GOING OVER $100BILLION


I was waiting for some correction if possible.
tomkat
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December 21, 2017, 08:00:35 AM
Last edit: December 21, 2017, 08:16:25 AM by tomkat
 #11777

Is this a good alternative to Bitcoin or when network will be loaded the fees will be same as on bitcoin now to get confirmation?

It's unlikely because scaling roadmap for BCH is clearly defined as on-chain + potentially 2nd layer, based on technology advancement.
So far, the technology has proven to scale enough to allow on-chain blockchain scaling.
heropeter8
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December 21, 2017, 08:04:43 AM
 #11778

Currently ranked third in market capitalization, only half a year, but also BCH opened the fork in the door, I would like to go beyond Ethereum to the second place how much can it be difficult?
Mrpumperitis
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December 21, 2017, 09:17:23 AM
 #11779

Guys......get in BCH ....NOW  Cool


                       BCH IS GOING OVER $100BILLION


I was waiting for some correction if possible.
it has been correcting and it even hit the bottom , around $3200

now its time to go back up and retest around $4200 and when it breaks that (prob very quickly)  expect to see
1BCH around $8k  Cool
 and that will be ..................................GLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLORIO US  Grin Grin Grin Grin Grin Grin

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
Mrpumperitis
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December 21, 2017, 09:52:33 AM
 #11780

Bitpay......
We will begin adding support for a Bitcoin Cash payment option this year, starting with BitPay Card loads. All BitPay invoices will include a Bitcoin Cash payment option by default in early 2018.

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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