WinslowIII (OP)
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May 23, 2019, 10:33:15 PM |
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I can't believe I'm reading some of the posts from the bch and bsv horde who actually think that the real bitcoin will die and one of these shitcoins will end up being the world currency. How can these people have become that delusional? without segregated witness and ln bitcoin itself has no chance gaining mass adoption, how the fuck can they think that increased block sizes could? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Dig Bicks
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May 24, 2019, 01:18:28 AM |
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BCH is currently the 4th ranked crypto, you must consider everything a shitcoin then? I like both coins, and who the fuck likes paying higher fees?
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exstasie
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May 24, 2019, 01:32:06 AM |
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BCH is currently the 4th ranked crypto, you must consider everything a shitcoin then? Only by virtue of a very thinly traded market and Bitmain withholding mining supply. I don't think it's position is sustainable in the long term. I assess things on a case-by-case basis anyway. Market cap isn't a major factor for me in assessing fundamentals. There are coins with much smaller market caps that are much more interesting and fundamentally sound. I like both coins, and who the fuck likes paying higher fees?
It'll be interesting to see how people feel about this issue in a couple decades. We may not like paying higher fees, but it's a much more sustainable economic design (IMO) than BCH, which has the same dwindling inflation but no mechanism to ensure future mining revenue, since fees are so low.
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figmentofmyass
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May 24, 2019, 02:34:02 AM |
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without segregated witness and ln bitcoin itself has no chance gaining mass adoption, how the fuck can they think that increased block sizes could? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) most of them seem to think low fees are required to garner adoption. i think they're mistaken......the 2017 bubble is proof of that. fees and price rose side by side the entire time. high fees might discourage on-chain micropayments but they don't seem to discourage adoption.
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WinslowIII (OP)
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May 24, 2019, 02:53:50 AM |
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without segregated witness and ln bitcoin itself has no chance gaining mass adoption, how the fuck can they think that increased block sizes could? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) most of them seem to think low fees are required to garner adoption. i think they're mistaken......the 2017 bubble is proof of that. fees and price rose side by side the entire time. high fees might discourage on-chain micropayments but they don't seem to discourage adoption. The Lightning Network is going to come into play with Ebay, Amazon, Walmart etc online purchases. I understand it now, after ruminating over it for the last few months. More block sizes doesn't mean jack shit when we are talking about mass adoption. And whoever believes these shitcoin forks have a future is delusional, they will just become asterisks in the history of bitcoin.
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pooya87
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May 24, 2019, 05:59:33 AM |
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I can't believe I'm reading some of the posts from the bch and bsv horde who actually think that the real bitcoin will die and one of these shitcoins will end up being the world currency. How can these people have become that delusional?
they are not delusional, you are naive for not reading between the lines. what they do (and what others like ETH, XRP, DASH and a couple of dozen others did) is to advertise their shitcoin and get it pumped for a while so that they can dump and get their profit out.... rinse and repeat after a while. without segregated witness and ln bitcoin itself has no chance gaining mass adoption, how the fuck can they think that increased block sizes could? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) their lack of success is not about lack of SegWit or LN (LN can be implemented on top of BCH too). they reason why they have failed is that they are poor copy coins with no advantage and heavy centralization.
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jseverson
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May 24, 2019, 08:00:53 AM |
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Well, their biggest argument seem to be rooted on Moore's Law, basically saying that technology will scale with Bitcoin's demands -- they can increase block sizes as needed because the ever increasing speeds of the internet and the ever increasing sizes of disk storages will be able to accommodate it anyway. It's worth noting that Moore's Law is more of an observation, albeit a still-standing one, rather than an established fact.
I personally believe off-chain scaling is the way to go as I don't think simply increasing block sizes is sustainable, but I also see where they're coming from. The debate has become more political rather than technical though, which is why we have these absurd claims.
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serjent05
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May 24, 2019, 09:35:42 AM |
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I can't believe I'm reading some of the posts from the bch and bsv horde who actually think that the real bitcoin will die and one of these shitcoins will end up being the world currency.
This is all propaganda. In order to get people's attention and trust, they have to conspire against the main one .. Bitcoin. People often times believe a rumor than facts. So that is the reason why these copy cat often times surge in price. Aside from their pump and dump scheme of course. I personally believe off-chain scaling is the way to go as I don't think simply increasing block sizes is sustainable, but I also see where they're coming from.
I also believe that off-chain is the way then solve all the transaction at the back-end. Adoption often times needs centralization or regulation. What about Bitcoin and consumer protection? Bitcoin is freeing people to transact on their own terms. Each user can send and receive payments in a similar way to cash but they can also take part in more complex contracts. Multiple signatures allow a transaction to be accepted by the network only if a certain number of a defined group of persons agree to sign the transaction. This allows innovative dispute mediation services to be developed in the future. Such services could allow a third party to approve or reject a transaction in case of disagreement between the other parties without having control on their money. As opposed to cash and other payment methods, Bitcoin always leaves a public proof that a transaction did take place, which can potentially be used in a recourse against businesses with fraudulent practices. https://bitcoin.org/en/faq#can-bitcoin-be-regulatedThe debate has become more political rather than technical though, which is why we have these absurd claims.
People wants the spotlight. That is the reason for it being political. It all goes down to personal benefit and agenda.
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rdluffy
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May 24, 2019, 12:23:50 PM |
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Hey, they did the forks only to generate money for themselves, nothing else
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CryptoBry
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May 24, 2019, 01:20:08 PM |
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I can't believe I'm reading some of the posts from the bch and bsv horde who actually think that the real bitcoin will die and one of these shitcoins will end up being the world currency. How can these people have become that delusional? without segregated witness and ln bitcoin itself has no chance gaining mass adoption, how the fuck can they think that increased block sizes could? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I am wondering the same thing. People have the tendency to allow themselves to get delusional and entertain wild ideas when they are seeing profits in front of them...such is the case of people proclaiming the virtue of BCH and BSV which they conclude can kill the real Bitcoin in due course. This is just like politics, I must say. These people promote their wares by destroying all their perceived enemies. At the end of the day, they are not aware they are actually killing themselves. We should not allow ourselves to be deceived by them and their self-vested interests.
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BitcoinHodler
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May 24, 2019, 02:09:10 PM |
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there is always people who are too gullible and believe anything they hear. that is the bread and butte of the scammers, they fool them into believing anything they tell them and build a hoard for themselves to pump the coins they had bought before and then dump on that hoard of idiots. that is how they have been making money all this time.
why do you think there is such a gigantic distance between bitcoin and the rest of the altcoins? it is because bitcoin is the real deal and it keeps rising up but altcoins get pumped for a while and then end up dumping eventually. bitcoin forks are the cheap version of pump and dump altcoins.
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LFC_Bitcoin
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May 24, 2019, 04:01:36 PM |
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BCH is currently the 4th ranked crypto, you must consider everything a shitcoin then? I like both coins, and who the fuck likes paying higher fees?
BCH has low fees for one reason - Nobody fucking uses it & the mempool is empty at the best of times.
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el kaka22
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May 24, 2019, 04:05:28 PM |
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What do you expect them to do, just give up and let it die? I mean I do agree that including bitcoin cash all other bitcoin hard forks like bitcoin gold or bsv or whatever are all pure trash and they worth nothing more than 1 satoshi each to me, but that is to me, maybe its like that for you.
Nevertheless, we are faced with people who have spent time and effort and probably money on these coins and you are expecting them to just let it go and focus on something else, that is not really that possible at this current stage, they need to keep their hopes alive or they need to face the reality that the coin they put so much effort and money into is actually nothing and worth zero, its hard to make people face that reality and they will deny it until they actually see it happen.
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WinslowIII (OP)
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May 24, 2019, 04:42:23 PM Last edit: May 24, 2019, 04:53:46 PM by WinslowIII |
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BCH is currently the 4th ranked crypto, you must consider everything a shitcoin then? I like both coins, and who the fuck likes paying higher fees?
BCH has low fees for one reason - Nobody fucking uses it & the mempool is empty at the best of times. This. It's simply hard to fathom that people think bch is going to overtake the real bitcoin, when barely anybody is using it today. Nobody gaf about this project outside of the project, this is the true sign of a shitcoin. As far as Craig Wright and his bullshit antics, filing for a copyright on the bitcoin white paper is as un-decentralaized a concept as you can possibly get. This cock smoker could prove he's Satashi very easily by showing he has control over the million coin wallet, but since he's a fraud he can't do that. How anybody with half a brain could follow a project led by this schmuck is really hard to fathom.
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Slow death
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May 24, 2019, 05:21:57 PM |
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I can't believe I'm reading some of the posts from the bch and bsv horde who actually think that the real bitcoin will die and one of these shitcoins will end up being the world currency. Do you take time to see what's in this " Announcements (Altcoins) " section? many people believe that the shitcoins that are in this section: Announcements (Altcoins) will be the next bitcoin, that would have a great increase of prices and that will be used in everybody. if you see the projects that are created every day, you will probably wonder the following: Will the brains of these people be working? create many projects without meaning, look at this: Jesus Coin (JC) ANN Thread: ✝️✝️✝️ [ANN] [ICO] JESUS COIN - Decentralizing Jesus on the Blockchain ✝️✝️✝️What purpose does an altcoin have like Jesus coin? the greed blinded the people of the crypto world. Bitcoin cash and BSV are not different from other altcoins without any purpose
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dothebeats
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May 24, 2019, 05:31:19 PM |
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Almost every altcoin created has that aim to be the next big thing and the one who will dethrone bitcoin for good, with the exception of Litecoin, of course. They will babble things to lure in people into buying their coins and do some stunts/things in public in order to generate more hype. An altcoin can be anything it likes, and people still have the final judgment on which to buy. At the end of the day, people will know what they need and where would they find it, so BCH and BSV can fight all they want into getting that spot but we know BTC is the only bitcoin that most people use and trust. It has its flaws but still, it gets the job done.
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The Sceptical Chymist
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May 24, 2019, 05:53:39 PM |
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BCH is currently the 4th ranked crypto, you must consider everything a shitcoin then?
Bitcoin Cash certainly has its uses--most of the merchants I've used to buy things accept both BTC and BCH, and that's actually kind of surprising to me. Usually it's only bitcoin and rarely LTC or even ETH. The market for BCH at least is speaking for itself. It's not like 1 BCH is worth pennies. The rest of the fork coins are not faring so well, and that's to be expected. How many bitcoin-forked coins can anyone possibly be interested in? In any case, my heart is with bitcoin and not with BCH or any of the other forked monstrosities. I do like some alts that aren't bitcoin forks, but that's about it--and there aren't many I'm truly interested in. Almost every altcoin created has that aim to be the next big thing and the one who will dethrone bitcoin for good
Agreed (to an extent), which is why there's so much junk on the market. Another reason that exchanges like Yobit have so many coins selling for 1 satoshi is that the devs of those coins wanted to make a quick profit for themselves. They didn't think they were innovating or improving on bitcoin or any other coin, regardless of whatever their whitepapers said. Most of them should be delisted from every exchange they trade on.
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WinslowIII (OP)
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May 24, 2019, 06:06:42 PM |
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BCH is currently the 4th ranked crypto, you must consider everything a shitcoin then?
Bitcoin Cash certainly has its uses--most of the merchants I've used to buy things accept both BTC and BCH, and that's actually kind of surprising to me. Usually it's only bitcoin and rarely LTC or even ETH. The market for BCH at least is speaking for itself. It's not like 1 BCH is worth pennies. The rest of the fork coins are not faring so well, and that's to be expected. How many bitcoin-forked coins can anyone possibly be interested in? In any case, my heart is with bitcoin and not with BCH or any of the other forked monstrosities. I do like some alts that aren't bitcoin forks, but that's about it--and there aren't many I'm truly interested in. The only thing that makes sense to me is Ver is paying those merchants gobs of money to list his shitcoin, but even though it's accepted by merchants doesn't mean anyone outside of the project is using it. Bitcoin on the other hand..
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Ailmand
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May 24, 2019, 06:18:24 PM |
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Bitcoin has been through a lot and has passed all the tests of time and these altcoins still need to go through a lot for them to conclude that they could surpass bitcoin. Those coins have the potential to rise but they can't reach the achievements of Bitcoin. They have to prove that they can reach things that bitcoin has reached.
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LeGaulois
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May 24, 2019, 08:39:29 PM |
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@LFC_Bitcoin is right. The only ones who care about BCH are the trading bots. You have a few supporters, usually trolling on Twitter trying to argue with anything they can. They are so sure of their lies that they end up really believing it. I don't know how to say it's a bit like a cult with a few gurus gravitating in the sphere.
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