It's nefariously massive fork bubble. What the blocksize should bitcointalk be is an optimization problem across a tradeoff, and it's pretty unlikely that 1MB is in fact the optimal number. Then changing when they joined blockstream. That would depend on the nefariously and their policy on the fork. Anyone know for sure? Check out dem Chinese "developing" teams. The community came to consensus on not to let the bitcointalk have its cookie.
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Look at the price chart and the pump from 0. Who's logic is faulty now? You are playing with fire but it might work out. Some part of the community didn't agree and those now have their own community and token ETC. The normal fiat currency world does small transactions pretty well with existing legacy systems, doesn't it? I am not putting my money in bcash even if it briefly took over, it's just an extra risk I do not want to take. Calling out other users for breaking our rules is not allowed.
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I'm just wondering if anyone can actually tell just how much more profitable BCH will be bitcointalk mine after the adjustment. Instead, please report rule violations. My logic main goes like: Beastlymac Hero Member Offline Activity: It could pump agsin out of Korea but I bitcointalk people are starting to not take bitthumb as seriously as nefariously did before. All hope for BTC is that Lightning Networks nefariously be near goddamn perfect, if there is any problem with it. Whereas people don't bitcointalk Segwit, and nefariously few people are using it.
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Seeing 'Bilderberg' in a Bitcoin post is as much a red flag to me as seeing 'cleansing toxins' in a health food article. I gave the article quite a bit of credit as I was reading but after looking through OP's history I'm not taking it as seriously.
Dude appears to actually believe Craig Wright is Satoshi. The bottom line for me is that I like the core devs. I follow pretty closely on twitter and github and am usually impressed with all the btc core devs and their work, whereas almost everything I've seen from bcash feels mediocre. For me, raising the block size just isn't that exciting and fast and cheap transactions don't serve any real purpose.
So I guess it's good we have both? But why even bother, there are countless other crypto's that are fast and cheap. Personally I think both sides are right some, wrong some. Almost like lesser of two evils, and if both are too evil then both will be flipped by a third, wiser coin.
You are playing with fire but it might work out. Maybe another massive bch pump will come again but the market has spoken so far and currently bch is losing value against btc. Maybe another massive bch pump will come again but the market has spoken so far and currently bch is losing.
You are actually losing Bitcoin value. Those fork coins are just gambled in Korea. Once they lost the favor of the month they will drop quickly. I meant bch is losing ground on btc recently. It could pump agsin out of Korea but I think people are starting to not take bitthumb as seriously as they did before.
It's almost as if a single zero free exchange can't be relied upon to paint an accurate picture BTC ath and bch meh prices is still yielding a 1: If btc goes down from ath even a little, won't it push profitability in bch's favor and potentially upsetting the balance, tipping the scale closer to a flippening.
People will sell off to chase profits elsewhere. You and other core trolls just keep reposting with revised higher numbers in your posts. I am a paid shrill only here to post negative things about BCH because it's obviously superior in all ways. Personally, I think that if you manage to lower BTC price even to the point of parity with BCH after raising it we will simply assist at a very long bearish market for both coins, and maybe, just maybe, a 3rd coin could gain more success by this fight but actually I don't believe this will happen.
I mean, we are very very far from mass adoption and low fees are not the rationale that will make it possible. People don't give a crap they can transfer money cheaply if they can't trust this new way of transfer value and I mean the layman and not geeky people we are talking about mass adoption right?
Having such a big overtake in market cap would just lower laymen poeple trust in cryptocurrencies as a whole, because now we are talking about very different market cap than what was in the past. If someone doesn't understand a technology, it doesn't mean it's too complicated.
If someone can parody a technology, it doesn't mean it's useless. Those things only mean one thing and you can probably guess what it is. That someone is a Take my opinion with a grain of salt but if i picture myself 10 years from now, reading crypto history, i visualise myself reading about BCH overtaking BTC just because of it's malleability.
BTC is an 8 year tech with a community that refuses to adapt. I cant see much future to this. It saddens me, because BTC can yes, still can always be what it was supposed to be but i feel that it's getting exploited. So feelings apart, BCH is what i think that serves my best interests.
Meanwhile, dealing with BTC transaction times and fees is ok for your average rich "hodler" but a nightmare for any big company dealing with high number of transactions per day bitpay, gambling etc Not only some high profile early adopters, but also large miners and companies like bitpay, coinbase etc It will not be a "flippening", more a slow bleed out as more and more commerce and use cases turn to BCH.
All hope for BTC is that Lightning Networks better be near goddamn perfect, if there is any problem with it. It will be the poison pill that finally kills off BTC as a digital currency. A lot of people are investing now that don't give two shits about the current status of the tech. Agreed, and they need to do that before the next bear market hits. Not so when it dumps on a regular basis. I am not putting my money in bcash even if it briefly took over, it's just an extra risk I do not want to take.
I also think it is overvalued for how much people are even using it right now. CME and wallstreet arent trading bcash, exchanges arent going to change the ticker pairs to bch. I deem it THE black swan of all. I was just curious to read argumentation of other people here to see if I'm being so unreasonable to think like this. I think they are both overvalued, but at least you can bet on BTC development because it has the by large the biggest community around it. You couldn't bet big money on a coin that has just one developer.
It's a very risky bet for common people and investors so why people would have to bet on the less probable result? It's just crazy, I really can't understand what Roger, Jihan and the rest of them are thinking. If it were so easy to flip things, then what stops another flip? This is my point too, I mean, if they manage to swallow such big amount of value, then what trust peoeple and investors could have that is not going to happen again with some random coin again? To me this resemble what happened on june with Eth.
It went down hard when BTC corrected, I'm expecting the same in no longer than a week from now. The people who made Bitcoin succesful are now all cheering for Bitcoin Cash so I do consider it a possibility in the long term.
Nick Szabo likes second layer and thinks the big block argument is just political, besides Hal thats as close as you get to Satoshi, sorry guys. Satoshi wanted to raise it as the Bitcoin user base grows: I saw a post earlier about current core team members at one point advocating 4,8,12mb blocks. Then changing when they joined blockstream.
Satoshi is the man, but hes either dead and missing before more innovstion came out, gotta stop living in the past. His blog post about it literally starts with "I believe Craig Steven Wright is the person who invented Bitcoin. He never really met Satoshi.
He gave some sort of cryptographic signature as proof but it was quickly ruled as fake He mightn't be buying BCH, but I'd hardly be surprised if the big money people he speaks of would take a bet each way. The difference with BCH is that it's a fork , not a regular alt. I contend that Bitcoin, in reality, is actually the sum total of all its forks - that's what long-term holders are holding.
Whereas people don't trust Segwit, and so few people are using it. I love the argument that these new forks have all bitcoin history embedded in the chain and are therefore just as legitimate as Bitcoin. No one gives a flying fuck how much history is in the chain. It's all about how much hashpower each has, how much people value each and generally also if there is enough brainpower on the dev teams behind them. An amalgam of all three things.
From what I can see Bitcoin is beating the others on all three fronts. If Bitcoin Cash wants to be seen as top dog then I'd probably start with having a roadmap on what they want to implement. It's great for trading with though. Loving margin trading it while the price flies up and down faster that a prostitutes knickers.
It is a safe space where you will be protected and shielded from reality. It takes the blockchain data from pre-fork, sure, but it doesn't automatically inherit the history and reputation. Look at the price chart and the pump from 0. And the reason people don't use Segwit much is because wallets and exchanges don't support it yet, because it's apparently quite a bit of work to implement and test everything.
Why would they not trust it? Check the stats again in a few months. In dollar value terms, Bitcoin Core was fluctuating by pretty much the same amount. The sum total of the two didn't change a great deal during that time. So sure, there was great volatility, but it was just users shifting their favour between the two branches of Bitcoin right after SW2x had been nefariously cancelled. If you thought about the market logic behind this more critically, rather than tribalistically, you'd understand.
And if Segwit takes that much time and effort to implement and test, how much longer is it going to take for the market to trust? Yeah, months are like years in crypto, and sometimes more like decades. Telling people to wait is just going to push them toward something else that works now. And surprise surprise, BCH is rallying again. What's with that "18 months" meme?
I think most exchanges should have it ready in a few months, , definitely not I'm thinkinig 'mass adoption' will always be this goal, dangling like a carrot that one can never quite reach. It would take some pretty seismic shifts to occur for ordinary people to abandon cash and plastic cards. The normal fiat currency world does small transactions pretty well with existing legacy systems, doesn't it? Looks like the BTC difficulty adjustment will go ahead on sunday.
It looks as though the difficulty will increase at this point So I was just wondering if it's possible to work out at this stage - just how much more profitable it will be to mine BCH on sunday? Why do you say Sunday? As to the difficulty change, right now it says BTC difficulty change of Sometimes it says more difficulty.
I think it is safe to say that the difficulty will stay about the same as now. Depends how much bch gets pumped and how many people have the fear and dump bitcoin again. Oh for sure, I know it's all down to how much ver and jihan et al are willing to pump it again. And I understand that when BTC difficulty rises that it's as good a time as any for them to procced with attack 2.
I'm just wondering if anyone can actually tell just how much more profitable BCH will be to mine after the adjustment. I think if it's only slightly more profitable, a lot of miners won't switch - but if it becomes a lot more profitable, it could make things I think btc has enough lead where majority will stay on btc. Anyone know for sure? Did new buyers turn up or did old holders dump it on the new platform? Price went up, especially for LTC. It's rather hard in some countries to trade for BCH so it will allow more people access once they add it and Coinbase.
BCH has a large following of die hard supporters and a large active community, which includes many early adopters, businesses and mining entrepreneurs. Get out of their censored circlejerk and attempt to get other viewpoints. If it ever grew big enough it would just be mined by the Ethereum mining farms that have more GPUs than you can ever imagine. Coinbase signaling never mattered. It is non-committal, and a lot of pools don't bother updating their signaling exactly because it is non-committal until they reboot their node s for other reasons.
Bitcoin Gold support is now enabled in Trezor: Want to sell, but probably keeping as an insurance. Don't want to do that same mistake when it comes to BTG, even though I don't really care for it. I plyed bch badly too. Got in at and sold ay Was thinking the pump and dump wasnt done Good thing i diservify.
Can anyone help me out and explain to me how to get coins on different chains? I currently have some of the original bitcoin. Sorry if the above is very short sighted and ignorant. I've been out if the loop and have done a but if googling but still can't fully grasp it. If you need to do that then it's already too late. From then on both chains are different coins with balances independent of one and other.
That would depend on the exchange and their policy on the fork. I think Gemini gave out BCH already. Look up your exchanges policy on these forks and if you have a balance of any of these accredited. If the exchange made a statement that they would split your coins you had during the snapshot, then yes they should.
However i am still waiting for Bittrex to do it. That's the gist of it. If you do a search for your btc public address on their block explorers, they should show that you have whatever alternating currency in a 1: After you've confirmed that you have the altcoin in an address, I would suggest moving your btc to another address that you own. The purpose of moving your btc beforehand is to not expose your private key of the current address that holds your btc. After you confirm your btc has moved, sweep your altcoins into their respective wallets via the private key of that address.
PS you should probably delete your post - you may become a target when you claim you have at least BTC. Are you taking your profits now or do you think we'll go under 0. Seems like an important psychological barrier..
I just have a stop I'm making my judgment calls on when the cover based on BTC prices. In trading against USD. BGold is about to be pumped by all the excited GPU miners decentralization. There's some other lesser known brands that exist too.
So if you're an equihash miner you're rather dependent on Nvidia and GTX s. This guy is an idiot and has been hyping BGold with no evidence to support his statements. But there's a clear gap in his logic: GPU mining can be a good thing, but it's not a reason to buy a coin for most people. It's also not a good thing. The market will never put any serious faith in a GPU mined coin. But if ASICs already exist for a given coin then that attack vector no longer exists, that coin is then protected against such an attack.
Additionally GPU miners aren't loyal to one coin they move around based on profits. With ASICs the miners are more invested in a given coin. Thing is market also won't get behind a coin that hash no hashrate. BCH with the new difficultly algorithm likely won't ever see even a substantial minority of hashrate again as it no longer has inflation to subsidize it.
I very much doubt that without enough security the BCH price could work it's way up high enough to make it more profitable than BTC ever again. The only way that would stand a chance without it surpassing the price of BTC would be if BCH took on very high transaction volume to the point tx fees would make it worth mining.
But that too isn't going to happen I find it hard to believe it could take on the transaction volume of say Ethereum which is more txs then BTC while having such long block times and such little hashrate meaning so many confirmations are required.
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Welcome to Reddit, the front page of the internet. Become a Redditor and subscribe to one of thousands of communities. BitcoinMarkets submitted 2 months ago by deb0rk. Since segwit2x isn't a thing anymore. Maybe bitcoin gold but that's pretty out there Want to add to the discussion? Check out dem Chinese "developing" teams. Also keks at "Difficulty Adjustment: You don't want a free share of a new altcoin?
I can take it if you want. It's a massive fork bubble. They think it's going to like Bitcoin Cash. Interested in everyone's thoughts and esp criticisms of this post: It struck me that, as you suggest empirically determined the LN would have to be laid out in different ways at different volumes but would be able to mould itself to accommodate any throughput.
As we've seen here, both you and I have no clear idea how it'll LN work in reality. The thing is this hurts decentralization as well; it turns the developers into a single point of failure with the ability to make arbitrary changes This why Ethereum doesn't have a reference client and instead uses a protocol that multiple clients all follow.
Bitcoin the most decentralized crypto Yeah no, definitely no. One core dev team. Not good for decentralisation. Yeah no, definitely no. And where does that value come from if it has no other use other than storing value? Gleb Gamow on November 07, , I agree that bitfury are a legitimate company. I have dealt with them in the past and although they had a premium price they delivered on time and had good quality miners. I intend to coarsen. I want stark contrasts drawn. I will not quietly accept stateism so as not to upset anyone.
I am not tolerant of our impending and increasing slavery. Why the worry about the real Bitfury being legit? Of course they are. And besides, they no longer build mining gear for retail sale. If you don't have millions to invest, they're not interested in dealing with you in any capacity. Full Member Offline Activity: Thanks for your warning. I was just curious, did anyone get scammed because of the frauds?
Donator Legendary Offline Activity: Sorry, but that just does not seem to me to be a good way of signing as a "Head of Product Development" of a 2 - or maybe even 1 - man show Support sidehack miner development.