Bitbobb
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May 29, 2018, 06:41:35 AM Last edit: May 29, 2018, 07:00:55 AM by Bitbobb |
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EOS will be used by anyone/everyone in the world, on top of BCH. People will create their own business/tokens in EOS, being backed in BCH as the global backed currency. This “race” to be the dominant crypto was never real. It was always Bitcoin (Cash) and now with the final piece being EOS.
https://medium.com/eostribe/eos-bp-security-statement-e8cbf0df72db![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FC2tI1Yp.png%5Burl%3Dhttps%3A%2F%2Ftwitter.com%2FBryceWeiner%2Fstatus%2F1001347914940104704%5Dhttps%3A%2F%2Ftwitter.com%2FBryceWeiner%2Fstatus%2F1001347914940104704%5B%2Furl%5D&t=665&c=RfuSpinb2DrPvw)
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yayat
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May 29, 2018, 07:53:53 AM |
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BTC will never have an 'upgrade hardfork ' because the devs and thought leaders have convinced everyone that hard forks are the devil that will split the community no matter what. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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tomkat
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May 29, 2018, 08:00:29 AM |
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https://www.merkle.press/2018/05/bitcoin-price-has-hypothetical-value-of.htmlBitcoin Price Has Hypothetical Value of $1,800: Federal Reserve Report “Although Bitcoins do not possess any real intrinsic value, from a commodity valuation perspective, we can estimate a hypothetical value based on its production costs. Recent estimates regarding the energy involved in mining a single Bitcoin by professional energy-efficient mining rigs put it at about $1,800 when mined in China (where 80% of the currently mined Bitcoins originate). I said a few month back around $2k to mine 1 og btc... Probably going to go lower than that ( $800-$1400 possible ) The energy is obviously not the only cost of mining, so his hypothetical value is far from realistic. To mine 1 BTC with 1 Antminer S9 one needs 1223 days at constant (=current) difficulty. The energy used during that time would be ~40k kWh (cost ~ $2000 at $0.05 per kWh). S9 price is ~$900-1000, so energy + miner would be $3000, and then there're other costs, like employees, buildings, HVAC, repairs, etc. True for the average consumer(miner)your prices are probably accurate. However for industrial scale miners, its not, its alot cheaper. They buy asics in bulk and get cheaper elec, leading to huge savings. Also the producers of asics are always ahead. While average miners use s9, the asic producers will be using "testing" s10 and be creating s11 always remain a few steps ahead of the rest. Probably true about the equipment prices, but energy at $0.05 is rather low... at least for US and EU, not sure about China and far east in general. Also, for the average consumer grade miner there're no additional costs of large buildings, HVAC installations and employees, so the costs aren't much different imo. We probably both right depending on the miner. I think we can agree the price to mine 1og btc is between $2k - $3500 , def not the $8k some places have been reporting. Lets say $2700 is an average price ...that price will 100% happen for og btc and then more panic dumping can take its price lower than $2k, imo I wonder if Jihan or some other big mining group will tell us the cost for them to mine 1og btc. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, your average is plausible, and... No, I doubt big miners will ever disclose their costs ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) I know its from crazy John lols but here is a recent comment(dec2017) from him regarding cost to mine a btc.. John McAfee @officialmcafee Replying to @MusicalKasparov The coin itself us a product costing $2,000 to make. https://twitter.com/officialmcafee/status/938953574729637889?lang=enSome more (interesting) insights on mining from 1000-miners-owner perspective. Apparently, cooling is important but expensive Using HVAC is the most expensive Mid-sized miners are going to start turning off around $6800-7000 $2k is the ACTUAL BREAK-EVEN price for the biggest players https://www.reddit.com/r/Bitcoin/comments/8mrher/ive_been_mining_bitcoin_for_30_months_here_are/
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tomsmith26
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May 29, 2018, 10:11:28 AM |
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EOS will be used by anyone/everyone in the world, on top of BCH. People will create their own business/tokens in EOS, being backed in BCH as the global backed currency. This “race” to be the dominant crypto was never real. It was always Bitcoin (Cash) and now with the final piece being EOS.
https://medium.com/eostribe/eos-bp-security-statement-e8cbf0df72db![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FC2tI1Yp.png%5Burl%3Dhttps%3A%2F%2Ftwitter.com%2FBryceWeiner%2Fstatus%2F1001347914940104704%5Dhttps%3A%2F%2Ftwitter.com%2FBryceWeiner%2Fstatus%2F1001347914940104704%5B%2Furl%5D&t=665&c=RfuSpinb2DrPvw) I only use and hold real coins such as bitcoin, DASH, KMD, XVG like as long investment . All fork coins are the only copies from them and so I never highly appreciate those fork coins .
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hv_
Legendary
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Merit: 1055
Clean Code and Scale
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May 29, 2018, 08:14:30 PM |
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Must watch. The trust machine - Bitcoin https://youtu.be/ZKwqNgG-Sv4 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Carpe diem - understand the White Paper and mine honest. Fix real world issues: Check out b-vote.com The simple way is the genius way - Satoshi's Rules: humana veris _
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afbitcoins
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May 29, 2018, 10:13:00 PM |
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We're focused on EVERYTHING after the hard fork. We'll be able to run smart contracts and have our own tokens. Bitcoin Cash will absorb all of the best features of the other coins, something bitcoin core has been too scared to do
So not following Satoshi's whitepaper afterall ?
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phuckit17
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May 31, 2018, 02:05:48 PM |
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EOS going to knock you out your spot ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bcash too crash.
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jbreher
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lose: unfind ... loose: untight
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May 31, 2018, 02:23:23 PM |
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EOS going to knock you out your spot
Username checks out. Incidentally, have you seen the recent expose' of EOS potentially fatal vulnerabilities from a significant group of EOS devs?
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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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zhouyc
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June 01, 2018, 01:12:51 PM |
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Bitcoin Cash project team is very reliable, technical capability and marketing are doing a good job, in the field of block chain payment, I think BCH will become NO1.
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konfuzius5278
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June 01, 2018, 01:24:12 PM |
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Every POW coin will fail, one earlier, one later. See all the 51% attacks on BTG and VERGE. There is only one solution with enough experiance: POS ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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bitpotter
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June 01, 2018, 01:52:32 PM |
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Bitcoin Cash project team is very reliable, technical capability and marketing are doing a good job, in the field of block chain payment, I think BCH will become NO1.
Not necessarily, many close competitors BCH and it's not easy if you want to be number one, can you be sure as long as bitcoin is still there?
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konfuzius5278
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June 01, 2018, 02:09:08 PM |
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The argument the richer get richer is of course not really wrong. But whats the matter if the richest in a coin is a non profit social aspect which is never be sold.
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cool4y
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June 01, 2018, 02:25:06 PM |
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Bitcoin Cash project team is very reliable, technical capability and marketing are doing a good job, in the field of block chain payment, I think BCH will become NO1.
Bcash has none of the mentioned above capabilities.
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rendravolt
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June 01, 2018, 02:28:21 PM |
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EOS going to knock you out your spot ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bcash too crash. EOS may be only possible, EOS is not so dangerous, there are many other tokens that can do that especially token that is already popular.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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tomkat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 01, 2018, 03:51:57 PM |
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The argument the richer get richer is of course not really wrong. But whats the matter if the richest in a coin is a non profit social aspect which is never be sold. Do you really believe in non-profit motivations behind greed-driven crypto space? Just look around for so called "foundations" holding millions of coins for their owners' benefits, or the ICOs in which 30-50% goes to the public, and the rest to team, PR, advisors, reserves, etc. And what about exchanges that are not paying POS stakes to their users?
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hv_
Legendary
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Activity: 2520
Merit: 1055
Clean Code and Scale
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June 02, 2018, 12:58:48 PM |
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If you believe that it is wasted, than you might not understand open markets and the voluntary commitment into Bitcoin security model. I'd only agree on the term 'waste' if you see how legacy Bitcoin is bribbled to limited use and user base, what,is fixed with Bitcoin Cash now.
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Carpe diem - understand the White Paper and mine honest. Fix real world issues: Check out b-vote.com The simple way is the genius way - Satoshi's Rules: humana veris _
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sirsplashalot
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 02, 2018, 01:19:46 PM |
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Every POW coin will fail, one earlier, one later. See all the 51% attacks on BTG and VERGE. There is only one solution with enough experiance: POS ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) So then I guess that’s the end for poor people.
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Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
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