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

[Mrpumperitis]

https://www.reddit.com/r/Bitcoin/comments/885g4e/insane_okex_bitcoin_futures_dump_to_below_5000_40/

Whalepool
‏
 https://twitter.com/whalepool/status

Quarterly #bitcoin futures on @OKEx_ have now dropped below $5,000. Spot BTCUSD is trading above $7,000

This is absolutely insane a more than 40% discount in price?

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[tekmobile]

The miners are free to run a LN node and would also allow for hourly payouts of mining rewards if they wanted to

Bitcoin Miners are at the elite of their game in Onchain , which they dominate.
That is where they make their money.

Thinking they are going to hurt their main money earner to join a fractional reserve nonsense of LN.
Shows how really clueless you are about finance.
They will kill LN/segshitcoin before they join it, otherwise they never would have started Bitcoin Cash.

Chinese Miners are not stupid, they know LN is a Bullshit game to lock them out and they are not going to fall for it.

FYI:  http://www.bitcoinblockhalf.com/
Reward-Drop ETA date: 31 May 2020 09:23:42
The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 12.5 to 6.25 coins.
As time move on, the Miners become more dependent on transaction fees for profit ,
thinking they are just going to let LN steal money from them , shows how clueless segshitcoin supporters really are.


FYI2:
The Fractional Reserve Scamcoin called Tether that is supposed to have $1 for every token is now at less than $1 and dropping.
And with it , segshitcoin price will continue to fall.

And can you explain how LN is fractional reserve

LN has no ability to create more than you have

You are not able to lend out someone else's Bitcoin

[tekmobile]

The miners are free to run a LN node and would also allow for hourly payouts of mining rewards if they wanted to

Bitcoin Miners are at the elite of their game in Onchain , which they dominate.
That is where they make their money.

Thinking they are going to hurt their main money earner to join a fractional reserve nonsense of LN.
Shows how really clueless you are about finance.
They will kill LN/segshitcoin before they join it, otherwise they never would have started Bitcoin Cash.

Chinese Miners are not stupid, they know LN is a Bullshit game to lock them out and they are not going to fall for it.

FYI:  http://www.bitcoinblockhalf.com/
Reward-Drop ETA date: 31 May 2020 09:23:42
The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 12.5 to 6.25 coins.
As time move on, the Miners become more dependent on transaction fees for profit ,
thinking they are just going to let LN steal money from them , shows how clueless segshitcoin supporters really are.


FYI2:
The Fractional Reserve Scamcoin called Tether that is supposed to have $1 for every token is now at less than $1 and dropping.
And with it , segshitcoin price will continue to fall.

And can you explain how LN is fractional reserve

LN has no ability to create more than you have

You are not able to lend out someone else's Bitcoin

LN is a Representation of the value of a bitcoin , not the actual bitcoin itself.
Any representation of value can always be modified so that it pretends to represent more than it does.
All it takes is a simple code update, and you now have 5 LN notes for every 1 btc.

You are creating money out of thin air and only if the majority cashes out to the blockchain do they ever find out you cheated them.
ie: A Bank Run.

LN notes are made up bullshit to allow fractional reserve shenanigans into bitcoin.

Technically you LN idiots have already started counterfeiting segshitcoin as many users were unable to receive their segshitcoin Onchain after cashing out your LN notes.
https://coindelite.com/news/the-lightning-network-users-are-losing-bitcoin-because-of-the-bugs/

Few Bitcoin enthusiasts who have been a part of Lightning Network on the Bitcoin mainnet, have recently lost their funds because of the bugs while attempted closing the payment channels.

First you both keep a cryptographically signed ledger of the channel balance and at every transaction you exchange new keys and discard the old keys and by modifying the code to give you more coins all that will result it in total loss of funds as your key would be now invalid and thus no way to transactions or close the channel so why would you do this plus the other party would just claim 100% of the opening balance when they close with their valid keys

[lsd400]

Back in October 2017 I had regret not buying more BCH now we have such discount price while BTC core heading to 5k and then probably 3k.

[lsd400]

With all of these tokenization talks in BCH community I wonder about ETH tokens and smart contracts migration to BCH. Would that be possible?
Not all of shitcoins out there but some legit tokens.

[hv_]

With all of these tokenization talks in BCH community I wonder about ETH tokens and smart contracts migration to BCH. Would that be possible?
Not all of shitcoins out there but some legit tokens.

If you have Turing completness, sure you could.

All op code changes are still not done, but things will come.


On the other hand, BCH does not want to rush things in and try to sell half working beta versions to average Joes like others even in this sub try to cross sell to you.

Give it some time, BCH needs to be world wide cash at first place imo.

'Simple' base protocol, cool apps and mass adoption is highest priority to win races against other fintec and banks (look what R3 is doing!).

[wangxiaoyan888666]

The next bull market is waiting for the rise of Bitcoin Cash, because BCH's technology is most consistent with the design of Zhong Ben Cong.

[mindrust]

Hey yo check this out.
Do you want to know how to destroy bitcoin? Hear it from the master crypto troll and king of sockpuppets, Mr. Vermin;

https://threadreaderapp.com/thread/978391416102584320.html

[soixantedix]

Cobinhood (zero trading fees exchange) is listing bitcoin cash today! really nice news from their official medium acc https://medium.com/cobinhood/bch-neo-gas-cobinhood-corporate-accounts-74335db6f529

[ekoja]

The next bull market is waiting for the rise of Bitcoin Cash, because BCH's technology is most consistent with the design of Zhong Ben Cong.

If you write the Satoshi instead of Zhong Ben Cong, people can understand what you want to say. What's your reason?

[vothuong1]

Hey yo check this out.
Do you want to know how to destroy bitcoin? Hear it from the master crypto troll and king of sockpuppets, Mr. Vermin;

All one has to do , to destroy Bitcoin is Steal the Transaction fees from the Miners until they go broke.
(What LN & Segshit will do.)

Which is why the miners created Bitcoin Cash and will just let segshitcoin die at the appointed time instead.

Funny all you have left is character assassinations.

But you are going to lose and segshitcoin will die no matter what you say.  

lightning network and segwit also required miners to verify transactions?

[vothuong1]

The next bull market is waiting for the rise of Bitcoin Cash, because BCH's technology is most consistent with the design of Zhong Ben Cong.

If you write the Satoshi instead of Zhong Ben Cong, people can understand what you want to say. What's your reason?

Who is Zhong Ben Cong? person behind bitcoin cash and responsible for most of the pump and technology?

[Mrpumperitis]

[wiked1]

This shitcoin is still dumping.How low we go 

[tekmobile]

Hey yo check this out.
Do you want to know how to destroy bitcoin? Hear it from the master crypto troll and king of sockpuppets, Mr. Vermin;

All one has to do , to destroy Bitcoin is Steal the Transaction fees from the Miners until they go broke.
(What LN & Segshit will do.)

Which is why the miners created Bitcoin Cash and will just let segshitcoin die at the appointed time instead.

Funny all you have left is character assassinations.

But you are going to lose and segshitcoin will die no matter what you say.  

lightning network and segwit also required miners to verify transactions?

Coins are locked in place the entire time, miners may receive a fee when locked and then unlocked,
however an unlimited number of transactions could occur on the LN fake Network of which the miners make nothing.
The Next BTC halving is in 2020, which makes the miners even more dependent on transactions fees for profits.


 

You better hope something changes soon then because currently the block reward for BCH is $5 when you take away the subsidy

[tekmobile]

Hey yo check this out.
Do you want to know how to destroy bitcoin? Hear it from the master crypto troll and king of sockpuppets, Mr. Vermin;

All one has to do , to destroy Bitcoin is Steal the Transaction fees from the Miners until they go broke.
(What LN & Segshit will do.)

Which is why the miners created Bitcoin Cash and will just let segshitcoin die at the appointed time instead.

Funny all you have left is character assassinations.

But you are going to lose and segshitcoin will die no matter what you say.  

lightning network and segwit also required miners to verify transactions?

Coins are locked in place the entire time, miners may receive a fee when locked and then unlocked,
however an unlimited number of transactions could occur on the LN fake Network of which the miners make nothing.
The Next BTC halving is in 2020, which makes the miners even more dependent on transactions fees for profits.


 

You better hope something changes soon then because currently the block reward for BCH is $5 when you take away the subsidy

BCH could be zero and the miners will keep it alive, they will do exactly what they are doing now.

Letting the fools , that buy segshitcoin subsidize the entire Bitcoin Cash Network.

They mine One segshit Block and they can buy ~125 Bitcoin Cash coins, and they will continue to let others (segwit idiots) support the Bitcoin Cash Network until they are ready to kill segwit. Also they are using their existing infrastructure so no further expense is needed as they generate their Bitcoin Cash coins.

Bitcoin Cash will outlive segshitcoin, because for the miners, it is their only way to stay relevant.

Bitcoin Cash was going to win this battle since the day it forked. 

That's it keep the spirit alive

If the miners are truely selling all BTC for BCH then the situation is worse than I ever imagined RIP BCH

[orestrus]

Hey , today I maxed out my credit cards and bought 100 BCH. Fk it , if BCH goes down, so will I. This is a game for serious people

[Mrpumperitis]

Hey , today I maxed out my credit cards and bought 100 BCH. Fk it , if BCH goes down, so will I. This is a game for serious people

This sounds like a sell signal to me  

newbie just bought and maxed out his credit cardS......



https://www.reddit.com/r/Bitcoin/comments/88gy58/losing_all_our_crypto_investment_and_my_familys/

[Mrpumperitis]

[LoveKamil]

Hello everyone! Bitcoin Cash is now in a state of decline! will there be more SAG!? and is it worth investing in it to the maximum?)