Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 4. (Read 703509 times)

https://www.reddit.com/r/CryptoCurrency/comments/10rt887/someone_uploaded_doom_on_bitcoin/

It's crazy to think that this footage will forever be present in the bitcoin blockchain. Immutable and uncensored.

The ramifications could be huge. While on one hand this ordinals could be used to store previous artifacts but on one hand it could cause bloating and further increase in Bitcoin transaction fees. Only time will tell where this leads.

https://www.reddit.com/r/CryptoCurrency/comments/10ruann/spam_on_bitcoin_blockchain/

Plot twist...
Heres what most are unaware of about the Ordinals....

The transaction containing the Ordinal made up 3.94MB, about 99.5%. There were 63 transactions in total, including the 6.25 BTC ($149,000) coinbase reward, which also went to Luxor.


Luxor announced the block via Twitter Tuesday evening, teasing followers that other wizards may be available soon. The firm earned an additional 0.009 BTC ($209) in fees for successfully mining the block.

 

Thinking about cbdcs, they will happen soon, physical cash oneday will be gone and then jus like Canadas truckers bank accounts being frozen, cbdcs holders accounts will be frozen if you step out of line.
The world needs BCH more than ever before.Freedom=BCH

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https://twitter.com/LuxorTechTeam/status/1620924909768642561

Luxor Mining
@LuxorTechTeam
For those who have yet to harness the power of the full node's omniscient gaze, you can find the Wizard here, in the largest Bitcoin block ever mined:

https://mempool.space/block/0000000000000000000515e202c8ae73c8155fc472422d7593af87aa74f2cf3d
Size   ‎3.96 MB

Lol, this is just the beginning of this nfts filling btc blockpace which will lead to slow tx times and super high fees...BCH is ready

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I should add that this could be the spark that takes you btcers to new ath....and obs BCH aswell.
https://crypto.news/less-than-10-of-bitcoin-mempool-in-use-with-prices-above-21k/
full mempool usually increases spot prices...with this new nft stuff the mempool will be filled more than ever before.

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https://cryptocurrencyalerting.com/guide/bitcoin-mempool-tracker.html
What is the BTC Mempool?
As defined in our crypto glossary, a mempool (or memory pool) is where pending transactions are stored before they are written to the blockchain. You can measure the size of the mempool in either "number of transactions", or the "size" that these pending transactions take up (usually in megabytes or kilobytes). The Bitcoin Mempool has become a convenient way to indicate how "backed up" the Bitcoin network is. A big jump in the size of the mempool may have several implications:


It will generally take longer for your transaction to be confirmed (written) on the blockchain.
Transaction Fees will rise, as people will pay more to skip the line.
There is a sudden increase of on-chain activity.
The market is about to get volatile (if it hasn't already).
Someone is spamming the network with large amounts of tiny transactions for either political or economic gain.

Historically, the BTC Mempool size is an important crypto indicator, often lining up with Bitcoin price spikes, changes in market volatility and a renewed interest in Bitcoin forks

[Moderator note: consecutive posts merged (separated via horizontal lines)]

https://dailyhodl.com/2023/01/30/bill-to-make-bitcoin-ethereum-litecoin-and-bitcoin-cash-means-of-payments-for-state-agencies-hits-new-york/

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The bill, which was proposed last week, would make Bitcoin (BTC), Ethereum (ETH), decentralized peer-to-peer network Litecoin (LTC), and BTC hard fork Bitcoin Cash (BCH) valid forms of payments for the goods and services of New York state agencies.

“Each state agency is authorized to enter into agreements with persons to provide the acceptance, by offices of the state, of cryptocurrency as a means of payment of fines, civil penalties, rent, rates, taxes, fees, charges, revenue, financial obligations or other amounts, including penalties, special assessments and interest, owed to state agencies.





BCH is the cheapest of all for txs making it the best means of payment🚀

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                                                Bitcoin         Bitcoin Cash     Ethereum      Litecoin
Blockchain statistics

Average transaction fee (USD)   0.8959USD    0.0054USD    3.4066USD    0.0132USD
Median transaction fee (USD)   0.3049USD    0.0006USD    1.6079USD    0.0013USD


Market cap (USD)          440.844 billUSD     2.593 billUSD    189.617 billUSD       6.857 billUSD

New demand and low supply ...its gonna be awesome to see.

There will be many new users building on BCH..
There will be new drive in demand from devs that want to create smart contracts (tokens,dapps,defi,nfts,stablecoins, etc)on the most decentralized pow blockchain with super low fees and high scalability.(afaik its cheaper using BCH over Algo,AVAX,ETH)
This will have a big impact on price now,the devs and others can buy BCH so cheap and use it over the years ...this happened with AVAX,SOL,ETH and other scalable smart contract chains.
https://www.publish0x.com/bitcoin-cash-bch-ecosystem/understanding-cashtokens-what-new-the-next-may-upgrade-will-xlqvmoz

There will be more adoption especially once it becomes legal tender soon.

Hedge funds and institutions will be buying and loading up before the banks officially start buying in Jan 2025

The smart people know whats coming and prepare well in advance.

Combine this with the low sell on BCH and extra eyes on what exchanges were doing with BCH...the sell pressure isnt there
and the hodlers are not selling so there is hardly any coins for sale in large amounts unless the price increases drastically.

This and many other reasons is why im confident BCH will easy go past $1k soon and then hit new ATH with ease.

Mrpumper, your old friend here. Me and you have talked about BCH for ages, can we finally see some profits? Hard to believe 1k is next with it chilling at 130$ now.

Roger Ver rekt for an additional $21 mil., bringing total owed to $68 mil.

https://decrypt.co/119974/bitcoin-jesus-roger-ver-21m-genesis

Really wish the media would stop referring to him as "Bitcoin Jesus." He expended the social capital from any goodwill he exhibited early on several times over already.

Investing in cult-of-personality-fueled coins has never ended well.

If this coin had changed its name so it wasn't so obviously trying to benefit from Bitcoin's reputation and trick people into thinking its "the real bitcoin," I might have had a bit more sympathy for it. But at the end of the day the market sees through scammer tactics and values things based on their own merit, which is why BCH has been sinking in the rankings year after year.

Im going heavy into BCH.

https://www.pymnts.com/cryptocurrency/2022/bis-sets-limits-on-bank-exposure-to-crypto-markets

https://www.reuters.com/business/finance/eu-lawmakers-back-prohibitive-capital-rules-cryptoassets-2023-01-24/

From Jan 2025..1 year after the halving for both btc & BCH. The banks will be allowed to start buying crypto.
Which coins?
They will only be buying coins that are officially Commodities and right now there is only 3,btc,BCH and ETH.
When they begin buying BCH they will not care what price it is, $1k or over $100k they will pay whatever it costs to get some.

So why should we let them buy cheap?...we wont, we will buy and hodl for as long as we need to and we are doing this now.
BCH halving is only around 15 months away.
BCH upgrade with new Cash tokens will happen in next few months as well as becoming legal tender soon.
BCH is the cheapest of all 3 commodity coins.

The Prime Minister Terrance said Saint Kitts and Nevis will engage with Bitcoin Cash mining and make BCH legal tender by March 2023. The island country located in the Caribbean region – Saint Kitts and Nevis – plans to turn Bitcoin Cash (BCH) into an official payment method inside its borders by March next year.19 Nov 2022

Not long to go...this could happen anytime between now and the next 5weeks.

Ecash listed and ready for mining PPLNS

https://pool4ever.com/app-home-page

CashRain by Kim Dotcom: Did my Social Media grow? What the magic is going on?
https://www.youtube.com/watch?v=ZnDNsihawas

Please refer to my previous comment

I feel sorry for you.....not
Stop crying like a little baby and go get a life...maybe start with a bit of sunshine by getting out of your moms basement, manchild 
 

Your not fooling anyone here you fucking loser

^Hi maxitard 
Not heavy since ive been buying so cheap thanks to manipulators that are now shitting themselves...

Lol still got your heavy bags of bcash

Merry Christmas Mr tits

^ With exchanges and others doing this.....Binance and OKX trade against their own customers, these are the largest Futures exchanges. They might be the largest short positions as well because they cant be margin called on their own exchanges, so they really thought it was free arbitrage. This could explain why Binance had over 450k BCH liabilities but only 100K BCH: https://old.reddit.com/r/btc/comments/yrhvvt/binance_just_admitted_that_they_owe_611919_bch_to/


The result we got was the chart above....but they cant do it no more....and now its payback time or go bust for the manipulators.

Think about this.....
We know Binance and OKX trade against their own customers, these are the largest Futures exchanges. They might be the largest short positions as well because they cant be margin called on their own exchanges, so they really thought it was free arbitrage. This could explain why Binance had over 450k BCH liabilities but only 100K BCH: https://old.reddit.com/r/btc/comments/yrhvvt/binance_just_admitted_that_they_owe_611919_bch_to/


and now we know within next 3 months BCH will be legal tender in ST Kitts and Nevis
https://www.investing.com/news/cryptocurrency-news/bitcoin-cash-to-become-the-legal-tender-in-st-kitts-and-nevis-2943625

time is running out for any exchange that has been selling BCH that they dont have as BCH will take its journey to becoming used as p2p cash to the next level.

I expect huge price correction for BCH about to begin now.

I'm locked and loaded.
But I see minimal movements.