|
classicsucks
|
 |
February 22, 2018, 07:09:02 PM |
|
Tough you kinda have to wonder why it is that demand for Bitcoin transactions has dropped below a third-million a day. While lower fees are attractive, the fact that this is due to lack of demand seems worrisome.
Like always you cannot use tx count as a metric to judge usage This is like using your car tachometer to judge it's speed LOL isn't that exactly what Kore has been doing with Segwit? "it's a 3.5x blocksize increase", "it will solve all the scaling issues", etc. And here they are, dead in the water. Fees dropped and the mempool cleared. Because everyone left! And don't even get me started on Lightning. What a joke. |
|
|
|
|
|
|
|
|
|
|
|
"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
hush
|
|
February 22, 2018, 07:09:52 PM |
|
Hello I have 0.8 BCH available at the moment and I’m selling for 800$. Contact me if you are interested in buy. Thanks
Why anybody buy from you while there over 200 markets available for this trade this kind of offer looking fishy. You should use your mind before posting this kind of shit. https://coinmarketcap.com/currencies/bitcoin-cash/#markets |
|
|
|
|
|
tekmobile
|
|
February 22, 2018, 09:21:27 PM |
|
Tough you kinda have to wonder why it is that demand for Bitcoin transactions has dropped below a third-million a day. While lower fees are attractive, the fact that this is due to lack of demand seems worrisome.
Like always you cannot use tx count as a metric to judge usage This is like using your car tachometer to judge it's speed LOL isn't that exactly what Kore has been doing with Segwit? "it's a 3.5x blocksize increase", "it will solve all the scaling issues", etc. And here they are, dead in the water. Fees dropped and the mempool cleared. Because everyone left! And don't even get me started on Lightning. What a joke. How is comparing tx numbers with percentages even remotely the same |
|
|
|
|
vothuong1
Jr. Member
 Offline
Activity: 238
Merit: 3
|
|
February 22, 2018, 09:22:29 PM |
|
btc price affects the whole crypto market, lets all hope that btc price is stable and bch and market also stable.
|
|
|
|
|
|
gembitz
|
|
February 22, 2018, 09:26:10 PM |
|
Hello I have 0.8 BCH available at the moment and I’m selling for 800$. Contact me if you are interested in buy. Thanks
Why anybody buy from you while there over 200 markets available for this trade this kind of offer looking fishy. You should use your mind before posting this kind of shit. https://coinmarketcap.com/currencies/bitcoin-cash/#marketsLitecoin Cash looks way better than BeeCash :-D hodl LCC ===> https://yobit.net/en/trade/LCC/BTC#12H |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
|
|
|
svennnny
Member
Offline
Activity: 182
Merit: 17
|
|
February 22, 2018, 09:27:25 PM |
|
Tough you kinda have to wonder why it is that demand for Bitcoin transactions has dropped below a third-million a day. While lower fees are attractive, the fact that this is due to lack of demand seems worrisome.
Like always you cannot use tx count as a metric to judge usage This is like using your car tachometer to judge it's speed LOL isn't that exactly what Kore has been doing with Segwit? "it's a 3.5x blocksize increase", "it will solve all the scaling issues", etc. And here they are, dead in the water. Fees dropped and the mempool cleared. Because everyone left! And don't even get me started on Lightning. What a joke. How is comparing tx numbers with percentages even remotely the same Lol we are at 8 billion + volume BTC dominance is increasing. With those low fees and empty mempool Bcash is gonna die  |
|
|
|
|
Vipaccount333
Newbie
Offline
Activity: 42
Merit: 0
|
|
February 23, 2018, 04:07:01 AM |
|
What we have to be ready for is years for proper adoption. Problem is that everyone is using crypto as a pump and dump get rich scheme that won’t last. BCH is going for adoption, even if it takes years it’s ok. Ppl are gambling in crypto at the moment. When they don’t make money, they don’t make the hormone ‘dopamine’ and feel down... many don’t realise it’s become an addiction
|
|
|
|
|
|
tekmobile
|
|
February 23, 2018, 06:32:40 PM |
|
Tough you kinda have to wonder why it is that demand for Bitcoin transactions has dropped below a third-million a day. While lower fees are attractive, the fact that this is due to lack of demand seems worrisome.
Like always you cannot use tx count as a metric to judge usage This is like using your car tachometer to judge it's speed LOL isn't that exactly what Kore has been doing with Segwit? "it's a 3.5x blocksize increase", "it will solve all the scaling issues", etc. And here they are, dead in the water. Fees dropped and the mempool cleared. Because everyone left! And don't even get me started on Lightning. What a joke. How is comparing tx numbers with percentages even remotely the same Lol we are at 8 billion + volume BTC dominance is increasing. With those low fees and empty mempool Bcash is gonna die Coinbase had now rolled out Segwit to a percentage of coinbase and gdax customers with 100% expected next week and also has a dedicated developer to work on the lightning network |
|
|
|
|
|
classicsucks
|
|
February 23, 2018, 07:22:38 PM |
|
Tough you kinda have to wonder why it is that demand for Bitcoin transactions has dropped below a third-million a day. While lower fees are attractive, the fact that this is due to lack of demand seems worrisome.
Like always you cannot use tx count as a metric to judge usage This is like using your car tachometer to judge it's speed LOL isn't that exactly what Kore has been doing with Segwit? "it's a 3.5x blocksize increase", "it will solve all the scaling issues", etc. And here they are, dead in the water. Fees dropped and the mempool cleared. Because everyone left! And don't even get me started on Lightning. What a joke. How is comparing tx numbers with percentages even remotely the same Well it was your analogy, but if you still can't see it, I'll explain it for you. Kore claimed that Segwit was a 3.5x capacity increase (tachometer shoots up 3500 rpms). Speed (and Tx capability) remained basically unchanged (possibly 1.1x increase), so the speedometer didn't move. Fees went through the roof (the engine overheated), and everybody fled the car fire. Greg Maxwell poured some "champaign" on it to no avail, then he left too. Now the car is fine (low fees). Except it's a burnt-out shell that won't move. |
|
|
|
|
|
tekmobile
|
|
February 23, 2018, 08:12:28 PM |
|
Tough you kinda have to wonder why it is that demand for Bitcoin transactions has dropped below a third-million a day. While lower fees are attractive, the fact that this is due to lack of demand seems worrisome.
Like always you cannot use tx count as a metric to judge usage This is like using your car tachometer to judge it's speed LOL isn't that exactly what Kore has been doing with Segwit? "it's a 3.5x blocksize increase", "it will solve all the scaling issues", etc. And here they are, dead in the water. Fees dropped and the mempool cleared. Because everyone left! And don't even get me started on Lightning. What a joke. How is comparing tx numbers with percentages even remotely the same Well it was your analogy, but if you still can't see it, I'll explain it for you. Kore claimed that Segwit was a 3.5x capacity increase (tachometer shoots up 3500 rpms). Speed (and Tx capability) remained basically unchanged (possibly 1.1x increase), so the speedometer didn't move. Fees went through the roof (the engine overheated), and everybody fled the car fire. Greg Maxwell poured some "champaign" on it to no avail, then he left too. Now the car is fine (low fees). Except it's a burnt-out shell that won't move. Segwit is still not widely adopted hence you are not seeing it's full benefits yet With the rollout of 0.16.0 just around the corner as the final release has now been tagged this will help make the transition to segwit much easier for everyone as it it now default but even then you will not see it's full benefit until the rollout of bech32 addresses they are now a option on 0.16.0 but segwit wrapped in P2SH is the current default So far Bitcoin has always just worked for me shame I cannot say the same for BCH I just reset my HW wallet the other day and the little bit of BCH that was in it was not as easy to move to a new address/seed with the neew cashaddress format I had to bounce it around a couple of times cos my wallet wouldn't accept it as a valid address |
|
|
|
|
|
Bitbobb
|
|
February 24, 2018, 06:41:24 AM |
|
|
|
|
|
lsd400
Member
Offline
Activity: 189
Merit: 12
|
|
February 24, 2018, 02:26:07 PM |
|
It won't happen but if BTC did change it's PoW then no the current value could not support all the hashing power there is just not enough value there you will possibly find miners refusing to mine really low value transactions antpool and f2pool was doing that a bit back on BTC f2pool even tweeted out that if you want them to mine your transaction then you need to pay a higher fee A similar thing will most likely happen the miners may refuse any transaction below something like 10sat/B You would probably find many miners quit and bitmain unable to sell new mining equipment So never say never https://twitter.com/CobraBitcoin/status/967237696379813888. Sadly enough is it desperation signs Or another high level fud? But one thing for sure that cannot be called Bitcoin anymore. |
|
|
|
|
|
tekmobile
|
|
February 24, 2018, 02:51:36 PM |
|
It won't happen but if BTC did change it's PoW then no the current value could not support all the hashing power there is just not enough value there you will possibly find miners refusing to mine really low value transactions antpool and f2pool was doing that a bit back on BTC f2pool even tweeted out that if you want them to mine your transaction then you need to pay a higher fee A similar thing will most likely happen the miners may refuse any transaction below something like 10sat/B You would probably find many miners quit and bitmain unable to sell new mining equipment So never say never https://twitter.com/CobraBitcoin/status/967237696379813888. Sadly enough is it desperation signs Or another high level fud? But one thing for sure that cannot be called Bitcoin anymore. If bitcoin was to change the PoW algorithm it would still be Bitcoin eventually it may have to happen as quantum computing starts to become a reality but this will probably be many many years away and likely not in our lifetime |
|
|
|
|
|
narutos
|
|
February 24, 2018, 04:05:03 PM |
|
It won't happen but if BTC did change it's PoW then no the current value could not support all the hashing power there is just not enough value there you will possibly find miners refusing to mine really low value transactions antpool and f2pool was doing that a bit back on BTC f2pool even tweeted out that if you want them to mine your transaction then you need to pay a higher fee A similar thing will most likely happen the miners may refuse any transaction below something like 10sat/B You would probably find many miners quit and bitmain unable to sell new mining equipment So never say never https://twitter.com/CobraBitcoin/status/967237696379813888. Sadly enough is it desperation signs Or another high level fud? But one thing for sure that cannot be called Bitcoin anymore. If bitcoin was to change the PoW algorithm it would still be Bitcoin eventually it may have to happen as quantum computing starts to become a reality but this will probably be many many years away and likely not in our lifetime Isnt bitcoin at the moment is power of work? Bitcoin and bitcoin cash are all power of work right? |
|
|
|
|
|
narutos
|
|
February 24, 2018, 04:08:25 PM |
|
Tough you kinda have to wonder why it is that demand for Bitcoin transactions has dropped below a third-million a day. While lower fees are attractive, the fact that this is due to lack of demand seems worrisome.
Like always you cannot use tx count as a metric to judge usage This is like using your car tachometer to judge it's speed LOL isn't that exactly what Kore has been doing with Segwit? "it's a 3.5x blocksize increase", "it will solve all the scaling issues", etc. And here they are, dead in the water. Fees dropped and the mempool cleared. Because everyone left! And don't even get me started on Lightning. What a joke. How is comparing tx numbers with percentages even remotely the same Lol we are at 8 billion + volume BTC dominance is increasing. With those low fees and empty mempool Bcash is gonna die Coinbase had now rolled out Segwit to a percentage of coinbase and gdax customers with 100% expected next week and also has a dedicated developer to work on the lightning network How can we tell if we using Segwit on coinbase or not? I mean coinbase just assign us a bitcoin address to deposit? Will segwit be much faster and as safe, without losing coins and stuff? |
|
|
|
|
|
narutos
|
|
February 24, 2018, 04:10:40 PM |
|
Tough you kinda have to wonder why it is that demand for Bitcoin transactions has dropped below a third-million a day. While lower fees are attractive, the fact that this is due to lack of demand seems worrisome.
Like always you cannot use tx count as a metric to judge usage This is like using your car tachometer to judge it's speed LOL isn't that exactly what Kore has been doing with Segwit? "it's a 3.5x blocksize increase", "it will solve all the scaling issues", etc. And here they are, dead in the water. Fees dropped and the mempool cleared. Because everyone left! And don't even get me started on Lightning. What a joke. How is comparing tx numbers with percentages even remotely the same Lol we are at 8 billion + volume BTC dominance is increasing. With those low fees and empty mempool Bcash is gonna die Coinbase had now rolled out Segwit to a percentage of coinbase and gdax customers with 100% expected next week and also has a dedicated developer to work on the lightning network who is the developer working on lightning network? how realistic and effective is it? some claims losing money, others says useless, and some others says can scale bitcoin to millions tps with privacy channel? much appreciated! |
|
|
|
|
|
Panadacoin
|
|
February 24, 2018, 04:15:03 PM |
|
It is hard to know for sure how many of the transactions before were legitimate, and how many of them were part of the distributed purposeful bloat of the network. It is too early to just dismiss it as "everyone left, popularity is on steady down motion".
|
|
|
|
|
pozis
Member
Offline
Activity: 322
Merit: 10
|
|
February 24, 2018, 04:17:01 PM |
|
At the moment the best fork of a cue ball and I think that it is worthy attention and it would be worth it to fill up the portfolio. In the long term can actually make the pump.
|
|
|
|
bitcoinPsycho
Legendary
Offline
Activity: 2478
Merit: 2077
$120000 in 2024 Confirmed
|
|
February 24, 2018, 04:24:56 PM |
|
Tough you kinda have to wonder why it is that demand for Bitcoin transactions has dropped below a third-million a day. While lower fees are attractive, the fact that this is due to lack of demand seems worrisome.
Like always you cannot use tx count as a metric to judge usage This is like using your car tachometer to judge it's speed LOL isn't that exactly what Kore has been doing with Segwit? "it's a 3.5x blocksize increase", "it will solve all the scaling issues", etc. And here they are, dead in the water. Fees dropped and the mempool cleared. Because everyone left! And don't even get me started on Lightning. What a joke. How is comparing tx numbers with percentages even remotely the same Lol we are at 8 billion + volume BTC dominance is increasing. With those low fees and empty mempool Bcash is gonna die Coinbase had now rolled out Segwit to a percentage of coinbase and gdax customers with 100% expected next week and also has a dedicated developer to work on the lightning network who is the developer working on lightning network? how realistic and effective is it? some claims losing money, others says useless, and some others says can scale bitcoin to millions tps with privacy channel? much appreciated! Ask coinbase .they will be 100% lightening very soon. bye bye bcash |
$100,000 BTC in one hour
|
|
|
|
tekmobile
|
|
February 24, 2018, 04:30:54 PM |
|
It won't happen but if BTC did change it's PoW then no the current value could not support all the hashing power there is just not enough value there you will possibly find miners refusing to mine really low value transactions antpool and f2pool was doing that a bit back on BTC f2pool even tweeted out that if you want them to mine your transaction then you need to pay a higher fee A similar thing will most likely happen the miners may refuse any transaction below something like 10sat/B You would probably find many miners quit and bitmain unable to sell new mining equipment So never say never https://twitter.com/CobraBitcoin/status/967237696379813888. Sadly enough is it desperation signs Or another high level fud? But one thing for sure that cannot be called Bitcoin anymore. If bitcoin was to change the PoW algorithm it would still be Bitcoin eventually it may have to happen as quantum computing starts to become a reality but this will probably be many many years away and likely not in our lifetime Isnt bitcoin at the moment is power of work? Bitcoin and bitcoin cash are all power of work right? Its called proof of work not power of work and yes both are proof of work |
|
|
|
|
|
