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

[digiworld1]

You mean this one ?
https://joerg-molt.de/news/the-truth-about-bch-scams-bch-transaction-costs-utxo/

What can I say... It is very popular article, written back in January 6th 2018.
People like it.

Original article is much longer then it was posted here....
but I can post it in full version if you want...no problem at all.

Please don't. Although the guy is clearly pro BTC, he also claims to be "co-founder of BitCoin" https://satoshi-school.com/en/our-vision/ Anything that he writes should be taken with a grain of salt.

this is complicated for newbies to comprehend how bitcoin, bitcoin transactions, segwit,etc...works, can anyone simplify this?

[1714980266]

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[1714980266]

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[sirsplashalot]

I found one interesting article about BCH from Jörg Molt
good read
Let’s talk about Roger Ver and BitMain with BCash – BCH

How many times is this fallacious article going to be posted in entire text to this thread? Even well-written articles are usually merely listed once, and that list is typically in the form of a link. Once. Link. Not many times, full text.

But that would be for well-written articles. This piece of garbage is chock full of lies, mistakes, slander, and invalid reasoning.

Give it up already.

BitcoinPsycho, Dkbit, Gembitz.

Do you guys actually own BTC or are you just worried about the liquidity of Buy support in BTC for your favorite altcoin paired with BTC on Cryptopia? I don't smell capacity in these sources, or those who would cite such.

[dkbit98]

I found one interesting article about BCH from Jörg Molt
good read
Let’s talk about Roger Ver and BitMain with BCash – BCH

How many times is this fallacious article going to be posted in entire text to this thread? Even well-written articles are usually merely listed once, and that list is typically in the form of a link. Once. Link. Not many times, full text.

But that would be for well-written articles. This piece of garbage is chock full of lies, mistakes, slander, and invalid reasoning.

Give it up already.

BitcoinPsycho, Dkbit, Gembitz.

Do you guys actually own BTC or are you just worried about the liquidity of Buy support in BTC for your favorite altcoin paired with BTC on Cryptopia? I don't smell capacity in these sources, or those who would cite such.

Yes.
If you are talking about altcoins... No, I don't have any BCH altcoin at the moment.
Smart people sold all BCH as peer to peer cash at the moment of fork.

Good times...

I guess some people are hoping for similar scenario in upcoming 'Satoshi THE ONE True Vision', and other re-forks.

[sirsplashalot]

I found one interesting article about BCH from Jörg Molt
good read
Let’s talk about Roger Ver and BitMain with BCash – BCH

How many times is this fallacious article going to be posted in entire text to this thread? Even well-written articles are usually merely listed once, and that list is typically in the form of a link. Once. Link. Not many times, full text.

But that would be for well-written articles. This piece of garbage is chock full of lies, mistakes, slander, and invalid reasoning.

Give it up already.

BitcoinPsycho, Dkbit, Gembitz.

Do you guys actually own BTC or are you just worried about the liquidity of Buy support in BTC for your favorite altcoin paired with BTC on Cryptopia? I don't smell capacity in these sources, or those who would cite such.

Yes.
If you are talking about altcoins... No, I don't have any BCH altcoin at the moment.
Smart people sold all BCH as peer to peer cash at the moment of fork.

Good times...

I guess some people are hoping for similar scenario in upcoming 'Satoshi THE ONE True Vision', and other re-forks.

But you said BCH was ‘centralized’ despite this fight amongst development?

[dkbit98]

I found one interesting article about BCH from Jörg Molt
good read
Let’s talk about Roger Ver and BitMain with BCash – BCH

How many times is this fallacious article going to be posted in entire text to this thread? Even well-written articles are usually merely listed once, and that list is typically in the form of a link. Once. Link. Not many times, full text.

But that would be for well-written articles. This piece of garbage is chock full of lies, mistakes, slander, and invalid reasoning.

Give it up already.

BitcoinPsycho, Dkbit, Gembitz.

Do you guys actually own BTC or are you just worried about the liquidity of Buy support in BTC for your favorite altcoin paired with BTC on Cryptopia? I don't smell capacity in these sources, or those who would cite such.

Yes.
If you are talking about altcoins... No, I don't have any BCH altcoin at the moment.
Smart people sold all BCH as peer to peer cash at the moment of fork.

Good times...

I guess some people are hoping for similar scenario in upcoming 'Satoshi THE ONE True Vision', and other re-forks.

But you said BCH was ‘centralized’ despite this fight amongst development?

I did not said this,
but since you mentioned it... I have my comment about it:

1. Roger Ver is NOT a developer
2. Dr. Craig S. Wright is NOT a developer
3. Jihan Wu is NOT a developer

So we can not speak about developer fight,
as they are more like CEOs or company owners.

[jbreher]

But you said BCH was ‘centralized’ despite this fight amongst development?

Many have. It seems to be a scripted Core-ian talking point.

[sirsplashalot]

@dkbitkit

This is literally a direct quote your last post, the article you continue to push as ‘legitimate’

Today what´s left is a stubborn community and development team. However, 55 percent of the hash power is in one group and they hold central control of the network

I’m well aware that csw, Roger Ver and Jihan Wu are not developers, More importantly they have MINING power. Seeing as bitcoin is capitalism, they’ve managed to compete fairly without being forced by centralization, and may the best win.

[gembitz]

I found one interesting article about BCH from Jörg Molt
good read
Let’s talk about Roger Ver and BitMain with BCash – BCH

How many times is this fallacious article going to be posted in entire text to this thread? Even well-written articles are usually merely listed once, and that list is typically in the form of a link. Once. Link. Not many times, full text.

But that would be for well-written articles. This piece of garbage is chock full of lies, mistakes, slander, and invalid reasoning.

Give it up already.

BitcoinPsycho, Dkbit, Gembitz.

Do you guys actually own BTC or are you just worried about the liquidity of Buy support in BTC for your favorite altcoin paired with BTC on Cryptopia? I don't smell capacity in these sources, or those who would cite such.

Bcash was a nice experiment ~ now everyone i know is buying BTI ~ even Amaury like knows about it *cough-wink* :-D weee


===>

https://freiexchange.com/market/BTI/BTC

[dkbit98]

@dkbitkit

This is literally a direct quote your last post, the article you continue to push as ‘legitimate’

Today what´s left is a stubborn community and development team. However, 55 percent of the hash power is in one group and they hold central control of the network

I’m well aware that csw, Roger Ver and Jihan Wu are not developers, More importantly they have MINING power. Seeing as bitcoin is capitalism, they’ve managed to compete fairly without being forced by centralization, and may the best win.

@sir splash a lot

I hope you are smart enough to understand English language and what I wrote:


So it was not 'my words' and I also provided link for this interesting article:
https://joerg-molt.de/news/the-truth-about-bch-scams-bch-transaction-costs-utxo/

btw I am not part of any sect or cult... BCH, SV, JW or any other,
and this BCH fight looks to me like some weird cult/sect inside fighting.
(Note: 'JW' is not Jehovah's Witnesses)

And I guess you think Dr Craig S Wright is 'legitimate'...as he claimed that he is 'THE Satoshi Nakamoto'
Any team must be happy to have him, and this coin must be 'The Coin'.

[sirsplashalot]

@dkbitkit

This is literally a direct quote your last post, the article you continue to push as ‘legitimate’

Today what´s left is a stubborn community and development team. However, 55 percent of the hash power is in one group and they hold central control of the network

I’m well aware that csw, Roger Ver and Jihan Wu are not developers, More importantly they have MINING power. Seeing as bitcoin is capitalism, they’ve managed to compete fairly without being forced by centralization, and may the best win.

@sir splash a lot

I hope you are smart enough to understand English language and what I wrote:


So it was not 'my words' and I also provided link for this interesting article:
https://joerg-molt.de/news/the-truth-about-bch-scams-bch-transaction-costs-utxo/

btw I am not part of any sect or cult... BCH, SV, JW or any other,
and this BCH fight looks to me like some weird cult/sect inside fighting.
(Note: 'JW' is not Jehovah's Witnesses)

And I guess you think Dr Craig S Wright is 'legitimate'...as he claimed that he is 'THE Satoshi Nakamoto'
Any team must be happy to have him, and this coin must be 'The Coin'.

So you posted an article to attack BCH, but later you decided not to agree with the article you posted after realizing that based on the facts, the article was incorrect.

You’ll find yourself as nothing more than a December 2017 Crypto investor just chasing bears, catching daggers and hoping your Tone Vays subscription will pay for your BA tuition. you can continue to believe you are relevant in this space by taking out all your anger and posting in the Bitcoin Cash thread, where you spend more time failing disprove BCH, rather than supporting the BTC community. Your presence here shows fear. I love it. Once Bitcoin Cash crashes to 300usd we’ll have shaken out all the week hands that came with your group, and I’ll have a big fat bag open at the new Higher low.

[boomboom]

The price of bch is not really relevant to me now, whenever I want to use digital cash I convert my money into bch and spend it to pay all my bills and credit card, so nearly 80% of my spending is done using bch, I just don't use it to store all my wealth. Once you start using crypto for spending the obsession with price goes away. 

[hv_]

Decentralization infos

https://twitter.com/calvinayre/status/1042155994158194689?s=21

[dkbit98]

@dkbitkit

This is literally a direct quote your last post, the article you continue to push as ‘legitimate’

Today what´s left is a stubborn community and development team. However, 55 percent of the hash power is in one group and they hold central control of the network

I’m well aware that csw, Roger Ver and Jihan Wu are not developers, More importantly they have MINING power. Seeing as bitcoin is capitalism, they’ve managed to compete fairly without being forced by centralization, and may the best win.

@sir splash a lot

I hope you are smart enough to understand English language and what I wrote:


So it was not 'my words' and I also provided link for this interesting article:
https://joerg-molt.de/news/the-truth-about-bch-scams-bch-transaction-costs-utxo/

btw I am not part of any sect or cult... BCH, SV, JW or any other,
and this BCH fight looks to me like some weird cult/sect inside fighting.
(Note: 'JW' is not Jehovah's Witnesses)

And I guess you think Dr Craig S Wright is 'legitimate'...as he claimed that he is 'THE Satoshi Nakamoto'
Any team must be happy to have him, and this coin must be 'The Coin'.

So you posted an article to attack BCH, but later you decided not to agree with the article you posted after realizing that based on the facts, the article was incorrect.

You’ll find yourself as nothing more than a December 2017 Crypto investor just chasing bears, catching daggers and hoping your Tone Vays subscription will pay for your BA tuition. you can continue to believe you are relevant in this space by taking out all your anger and posting in the Bitcoin Cash thread, where you spend more time failing disprove BCH, rather than supporting the BTC community. Your presence here shows fear. I love it. Once Bitcoin Cash crashes to 300usd we’ll have shaken out all the week hands that came with your group, and I’ll have a big fat bag open at the new Higher low.

I simply posted interesting article that is open to discussion...period... you are free to have your own interpretation.

You can have dreams Sir Splash....
I am simply here and waiting for Fork Circus.
There is no anger and fear in me, and no tuition or subscription  

Good luck bringing new members in your organisation with this attitude.

I just do not want to be a part of any godless sect or cult
that replaces God with some imagination of Satoshi figure with his vicarius  (aka Roger/JW/Craig)

I also posted normal post with idea to stop this fighting, but your immature answer shows
where all the problem really is...

[hv_]

Some answers for fork trolls

https://medium.com/@craig_10243/q-a-written-interview-the-answers-part-3-71116e036958

https://www.bloomberg.com/news/articles/2018-09-18/bitcoin-cash-s-survival-in-question-as-possible-split-looms


but I do not expect a split ....

[sirsplashalot]

https://youtu.be/mgmXi9C-kpY

Here’s a good convo with OpenBazzars Chris Pacia. He did a great critique on Jimmy Song’s recent arguments. I wholeheartly agree with his narrative. I’d also recommend the OpenBazzar marketplace, a great place to spend BCH.

[sirsplashalot]

I found one interesting article about BCH from Jörg Molt



Let’s talk about Roger Ver and BitMain with BCash – BCH

BitMain, as the biggest miner, was shaken in the confusion around SegWit from the so-called Asicboost scandal.

What’s it about? The AsicBoost

By overclocking some devices, Asic has managed to get 20 percent more power. This only maked sense, as long as SegWit was not activated.

 SegWit is able to double the transactions in a block, by removing the signatures, which are not necessary for proof of work.

 A miner however, lives from having the most power in the so-called hash process, and tries to gain advantages in the issuing of BitCoins. This is a random principle in the guessing process, so the probability of generating more results, with more guesswork, is obvious.

However, this 20 percent advantage will be neutralized by SegWit, since the upcoming Lightning network, which requires SegWit (because it only transports the signatures and no transactions), is unnecessary. Lightning can process up to 1 million transactions per second, on a signature basis.
 
So, if people are going through the Lightning network, because it only costs 20ct, they will have less transaction fees on their network, and the miner who finds the block, will get a total of 12.5 BTC. Thus, the cost is not covered.
 
These miners, with 20% more power, cost of course much more.

The scandal occurred because a newspaper revealed that these miners were only working with a certain group of people and were denied to the general public. Which led to a further imbalance in the network.

Due to the fact that Bitmain investors and major investors were disappointed, and threatened to leave Bitmain, there was only one option.

You make a new coin and bring it out with a token sale.


Roger Ver felt very fortunate to be able to revive the old BCU philosophy. And with the largest pool behind him, it was easy to get the majority for a HardFork.

The result we saw then in the formation of BCH. Now you need some trumpet politics to bring a coin out that is worthless, to a certain status.
 

So the true BitCoin was without SegWit and with original 8MB blocks. Roger Ver then moved his coins onto an exchange, which also fueled the illusion that he could turn his BitCoins into BCash.

What came next was another dilettante masterpiece. They forgot to set the Difficulty and so BCH had a block time of 10 hours at the beginning and it took a very long time to get it fixed. Investors lost a lot of value and BCH shot down in value.


Today what´s left is a stubborn community and development team. However, 55 percent of the hash power is in one group and they hold central control of the network.

Also, BCH can not be used as a means of payment – ergo a Blockchain with 8MB blocks in a central hand with no external effect. Pathetic for something which calls itsel the „true BitCoin“.

Luckily, it does not change the attitude of Roger Ver in favour of BitCoin or BCash, Fintec and old Moneysystems, and so in reality, he´s working on the dream of a free crypto society.

 
After the wildest rumours of hashing power and dumping on low transaction fees circulated on the internet, and the propaganda on Roger’s BitCoin.com blog, BCash currently has an overrated price bubble that can burst at anytime.

AltCoins and the future

You can see with the two coins SegWit2x and BCash, that AltCoins and FakeCoins only have a limited life span, as long as you keep the story going. But sooner or later, the story is no longer enough and investors start looking for something else, a new blockchain and a new coin that they can push. Ultimately, all the hype is for people to trade with Altcoins to buy more BitCoins, or making people pay for Fake Coins with BTC, so enabling the Fake Coin issuers to get their hands on more Bitcoin.

 
The price increase from January 2016 to the end of 2017 has caused enormous greed and an increase in scam companies.


Full article:
https://joerg-molt.de/news/the-truth-about-bch-scams-bch-transaction-costs-utxo/

This is the guy who wrote the article. He also claimed to be the ‘co founder of bitcoin’

https://twitter.com/kennethbosak/status/1042230010700914688?s=21

Try to trust this guy lol

[jbreher]

I simply posted interesting article that is open to discussion...

Most sane people deem articles chock-full of bullshit not as 'interesting', but rather as 'irrelevant distraction'.

[notblox1]

Looks like Roger is also very busy promoting many ICO projects
Investor at Ripple, Blockchain.info, Bitpay, Kraken...and now MoneyToken.

Just look at that adviser team:

Roger Ver
Mate Tokay
David Allen Cohen
Steve Rubakh
Didi Taihuttu


https://www.youtube.com/watch?v=38jY__33ujw

[sirsplashalot]

Looks like Roger is also very busy promoting many ICO projects
Investor at Ripple, Blockchain.info, Bitpay, Kraken...and now MoneyToken.

Just look at that adviser team:

Roger Ver
Mate Tokay
David Allen Cohen
Steve Rubakh
Didi Taihuttu


https://www.youtube.com/watch?v=38jY__33ujw

Another grammatically twisted narrative for association.

‘Adviser’ is amongst the loosest term in any Crypto related space.

It’s not Roger Ver promoting the project, it’s the project promoting their legitimacy through use of Roger Ver.

[notblox1]

So you say that MoneyToken used Roger Ver and Mate Tokey also ?

Why would they do this ?
Maybe they are friends with Steve Rubakh and Didi Taihuttu also