User tekmobile
First example of what a fud soldier is
Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 597. (Read 704412 times)
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Why not faster blocked good? Could you explain? Geniune question, I don't know.
Why not faster blocked good? Could you explain? Geniune question, I don't know.
Not sure if this is serious or trolling lol
Faster blocks are bad you get much faster inflation where the market is flooded with new coins diluting the value and the available supply (minor rewards) dries up much faster than adoption meaning there are no incentives to mine any more because the miners have to just rely on transaction fees which are non existent due to very low transaction volume so far most of the transacted volume shown on coinmarketcap is done inside exchanges not on the blockchain so miners do not get a cut of this
Now you're starting to sound like those dumbazzes in the video you posted. First off, block rewards are not inflation, they're issuance, and as others have pointed out the mined coins are not being sold immediately. Also you and your buddies with the Sopranos posters and gold chains on their necks are forgetting that BCH never had the 50 coin block rewards that BTC had (during a period of rapid price growth, again contrary to your theory about inflation). What caused an excess of BCH on the markets was the Xapo and Coinbase dumps. Those people are afraid of holding a coin and many of them don't even have wallets, so they sold for BTC. Also, everybody is stockpiling BTC for the 2x hard fork. Maybe the Kore 1x chain will be worth something, but I figure people will be dumping 1x for 2x and trying to time their 1xit.
Obviously BTC is going through the roof again, but has anyone noticed the mempool? Get ready for 72 hour confirmation wait times again. BTC fees are 4000x BCH's and climbing... BCH "ohmygod no blocks for 2 hours". LOL. I guess we'll all be paying $100 fees for our 1x dumps...
You really are clueless aren't you carry on believing what you want I really don't care it's your money not mine
I am very interested in the amount of fud in this forum. It is becoming more and more evident that there are people who dedicate themselves exclusively to this. That is to say an army of trolls that is dedicated to discredit everything that is not bitcoin hooded core, or paypal segwit.
It's really incredible, it must be true that they work from this and therefore spend so much time.
Just check the last posts of certain users to realize the amount of comments they make against btc cash or gold, and change as they praise the false goodness of segwit / core / paypal.
Either that, or they have a serious personality problem and are easily manipulated.
I lean for the first, salaried trolls paid by the business and financial elite.
I consider myself pro bitcoin cash for a simple reason, made for and by the people.
The fact that a merchant can not accept bitcoin core due to tariffs or transaction delays seems to me alarming and very disturbing. If you want to load bitcoin I can not think of a better way. I guess when it comes to the elite that's just what they want
It's really incredible, it must be true that they work from this and therefore spend so much time.
Just check the last posts of certain users to realize the amount of comments they make against btc cash or gold, and change as they praise the false goodness of segwit / core / paypal.
Either that, or they have a serious personality problem and are easily manipulated.
I lean for the first, salaried trolls paid by the business and financial elite.
I consider myself pro bitcoin cash for a simple reason, made for and by the people.
The fact that a merchant can not accept bitcoin core due to tariffs or transaction delays seems to me alarming and very disturbing. If you want to load bitcoin I can not think of a better way. I guess when it comes to the elite that's just what they want
^
Why not faster blocked good? Could you explain? Geniune question, I don't know.
Why not faster blocked good? Could you explain? Geniune question, I don't know.
Not sure if this is serious or trolling lol
Faster blocks are bad you get much faster inflation where the market is flooded with new coins diluting the value and the available supply (minor rewards) dries up much faster than adoption meaning there are no incentives to mine any more because the miners have to just rely on transaction fees which are non existent due to very low transaction volume so far most of the transacted volume shown on coinmarketcap is done inside exchanges not on the blockchain so miners do not get a cut of this
Now you're starting to sound like those dumbazzes in the video you posted. First off, block rewards are not inflation, they're issuance, and as others have pointed out the mined coins are not being sold immediately. Also you and your buddies with the Sopranos posters and gold chains on their necks are forgetting that BCH never had the 50 coin block rewards that BTC had (during a period of rapid price growth, again contrary to your theory about inflation). What caused an excess of BCH on the markets was the Xapo and Coinbase dumps. Those people are afraid of holding a coin and many of them don't even have wallets, so they sold for BTC. Also, everybody is stockpiling BTC for the 2x hard fork. Maybe the Kore 1x chain will be worth something, but I figure people will be dumping 1x for 2x and trying to time their 1xit.
Obviously BTC is going through the roof again, but has anyone noticed the mempool? Get ready for 72 hour confirmation wait times again. BTC fees are 4000x BCH's and climbing... BCH "ohmygod no blocks for 2 hours". LOL. I guess we'll all be paying $100 fees for our 1x dumps...
Surely forks of BTC will never become more valuable, just because I mean there could just be a new fork each time? You see where I am going with this?
Daaaaaa!!
Shocking that some ppl can't even understand that. If a cryptocurrency doesn't have unique value / use case or technical advantage associated with it, it is worth zero. Lack of SegWit = technical disadvantage. 2X is not even a distributed currency - it's a wannabe Cartelcoin, dead on arrival.
Faster blocks are bad you get much faster inflation where the market is flooded with new coins diluting the value and the available supply (minor rewards) dries up much faster than adoption meaning there are no incentives to mine any more because the miners have to just rely on transaction fees which are non existent due to very low transaction volume so far most of the transacted volume shown on coinmarketcap is done inside exchanges not on the blockchain so miners do not get a cut of this
The Bitcoin Cash block height is about one-tenth of one percent ahead of the Bitcoin Segwit Core block height. You sure you're not hyperventilating over nothing?
You cannot count the blocks before the fork because it wasn't bitcoin cash then it was bitcoin and was not being abused
Bcash is only around 10 weeks old and already currently close to 6 weeks ahead and you think this is nothing
So if the EDA continues being periodically activated for the next three-quarters century or so (a dubious proposition at most), Bitcoin Cash miners' income will need to switch from block reward to completely transaction fee by the year 2090 instead of 2140.
And you see this as an imminent fatal problem. Got it.
It is a problem because the faster the rewards deplete the lower the difficulty will need to be to remain profitable meaning the rewards will deplete faster and faster
in 10 years BTC could be down to 1.5625 BTC where BCH could have powered through 3-4 times as many blocks and only have a reward of 0.02441406 BCH or 0.01220703 BCH so to remain profitable the difficulty would need to be really low and really fast blocks
The users want it fixing fast but the dev does not see it as a priority even though nothing else is really being worked on (possibly paid off by jihan to delay a fix cos he needs it)
Right now BCH is running almost twice as fast as it should be but profitability is way down so give it a few days and they will all drop off and let the difficulty drop further so they can mine it even faster
As the value and profitability drops this will have to get faster depleting rewards even faster
Surely forks of BTC will never become more valuable, just because I mean there could just be a new fork each time? You see where I am going with this? The average person won't understand and it will just be confusing to have a new chain every few months, that's why every BTC fork will die out eventually. Also most crap alts will go the same way, they serve no purpose.
It will be interesting to see what hash goes where at fork-time, and if cash will receive a pump to become profitable enough to point a chunk of the rest of the miners-for-profit towards cash.
Faster blocks are bad you get much faster inflation where the market is flooded with new coins diluting the value and the available supply (minor rewards) dries up much faster than adoption meaning there are no incentives to mine any more because the miners have to just rely on transaction fees which are non existent due to very low transaction volume so far most of the transacted volume shown on coinmarketcap is done inside exchanges not on the blockchain so miners do not get a cut of this
The Bitcoin Cash block height is about one-tenth of one percent ahead of the Bitcoin Segwit Core block height. You sure you're not hyperventilating over nothing?
You cannot count the blocks before the fork because it wasn't bitcoin cash then it was bitcoin and was not being abused
Bcash is only around 10 weeks old and already currently close to 6 weeks ahead and you think this is nothing
So if the EDA continues being periodically activated for the next three-quarters century or so (a dubious proposition at most), Bitcoin Cash miners' income will need to switch from block reward to completely transaction fee by the year 2090 instead of 2140.
And you see this as an imminent fatal problem. Got it.
I was curious about what would happen if the bitcoin gold would already exist, would it beat the bitcoin cash? I expect the price to go up, I still keep because I bought when the price of 0.18 btc if I sell now at a price of 0.05 btc of course I get huge lose.
Bitcoin Gold does not currently exist but seems to have a fairly positive reception from bitcoin users it is supposed to be forking on the 25th October and released for use on the 1st November but reading the github repository and looking over the current source code there is still a lot of work to do so may see some delay although Ive been told directly by them that they are on schedule.
Will Bitcoin Gold affect the value of BCH.... That I cannot see happening if anything does it will be B2X but it could be in the downward direction there are a lot of BCH supporters that are primarily behind B2X
I think initially Bitcoin Gold will struggle with low value unless large exchanges list it I won't be buying any BUT will be turning my GPU miners over and mining to a offline paper wallet as a hedge bet for if there is a sudden huge demand if it does hit major exchanges
I was curious about what would happen if the bitcoin gold would already exist, would it beat the bitcoin cash? I expect the price to go up, I still keep because I bought when the price of 0.18 btc if I sell now at a price of 0.05 btc of course I get huge lose.
Popular wallet provider Blockchain (formerly Blockchain.info) has released support for Bitcoin Cash (BCH) and credited users with equivalent balances.https://cointelegraph.com/news/blockchaininfo-releases-full-bitcoin-cash-support-users-receive-coins
That's good news for bitcoins cash although many people said bitcoins cash is dead because of the activation of SegWit2x on bitcoins network.
That's good news for bitcoins cash although many people said bitcoins cash is dead because of the activation of SegWit2x on bitcoins network.
In the end, I dont really care about any of this forks, Bitcoin Cash or Bitcoin Gold! I only care about Bitcoin itself, and I dont believe that any of these two forks will threathen Bitcoin in any way. If, in any way, there is a possibility for Bitcoin to be negatively affected, than we should be worry
In the end it is true what you say. Nobody will keep people from forking a coin, much like it happened with Bitcoin Cash. The user ultimately decides which coin remains the strongest or becomes the strongest. The user decided until now that Bitcoin is the strongest. And the system seems to work really well.
Mobi has now introduced litecoin (LTC), ethereum (ETH), and bitcoin cash (BCC) wallets, allowing you to manage all of your crypto assets in one convenient and reliable mobile app.
https://www.btcc.com/news/en/announcements/2017/10/12/mobi-wallets/?utm_source=Mobi%20LTC%20ETH%20BCC
No one can stop it and it is a choice of ecosystem digital coins.
Correct nobody can stop it but users/miners can loose faith until no one is willing to support it same outcome
Popular wallet provider Blockchain (formerly Blockchain.info) has released support for Bitcoin Cash (BCH) and credited users with equivalent balances.https://cointelegraph.com/news/blockchaininfo-releases-full-bitcoin-cash-support-users-receive-coins
That's good news for bitcoins cash although many people said bitcoins cash is dead because of the activation of SegWit2x on bitcoins network.
That's good news for bitcoins cash although many people said bitcoins cash is dead because of the activation of SegWit2x on bitcoins network.
In the end, I dont really care about any of this forks, Bitcoin Cash or Bitcoin Gold! I only care about Bitcoin itself, and I dont believe that any of these two forks will threathen Bitcoin in any way. If, in any way, there is a possibility for Bitcoin to be negatively affected, than we should be worry
In the end it is true what you say. Nobody will keep people from forking a coin, much like it happened with Bitcoin Cash. The user ultimately decides which coin remains the strongest or becomes the strongest. The user decided until now that Bitcoin is the strongest. And the system seems to work really well.
Mobi has now introduced litecoin (LTC), ethereum (ETH), and bitcoin cash (BCC) wallets, allowing you to manage all of your crypto assets in one convenient and reliable mobile app.
https://www.btcc.com/news/en/announcements/2017/10/12/mobi-wallets/?utm_source=Mobi%20LTC%20ETH%20BCC
No one can stop it and it is a choice of ecosystem digital coins.
BCH now even steps behind ETH. im wondering if this coin is coming to its true value - 300$ .
I think it will fall to $250
Maybe a scenario was behind it to help bitcoin , create it so people sell it and buy bitcoin
dirty world
Still following the line to 0 BTC it wont't last but so far its not looking good
BCH now even steps behind ETH. im wondering if this coin is coming to its true value - 300$ .
I think it will fall to $250
Maybe a scenario was behind it to help bitcoin , create it so people sell it and buy bitcoin
dirty world
https://bitcoinist.com/decentralized-exchanges-are-the-next-big-thing/
Over the past few months, the cryptocurrency market had an impressive growth rate, reaching a total market capitalization of $176 billion at its peak. Such rapid growth has not only garnered the attention of investors and speculators, however. With the increased interest in cryptocurrency trading, more and more criminals have focused on hacking crypto exchanges, which often times hold millions dollars worth of user funds.
In a recent article, John McAfee stated that decentralized exchanges might pose a problem for government agencies since it would make it harder to trace funds and to properly tax their owners. Some governments like China, Japa[n]*, and South Korea have recently introduced regulations for cryptocurrency exchanges. Experts and analysts believe that in the future more traders will switch to decentralized cryptocurrency exchanges in order to eliminate security risks.
Over the past few months, the cryptocurrency market had an impressive growth rate, reaching a total market capitalization of $176 billion at its peak. Such rapid growth has not only garnered the attention of investors and speculators, however. With the increased interest in cryptocurrency trading, more and more criminals have focused on hacking crypto exchanges, which often times hold millions dollars worth of user funds.
In a recent article, John McAfee stated that decentralized exchanges might pose a problem for government agencies since it would make it harder to trace funds and to properly tax their owners. Some governments like China, Japa[n]*, and South Korea have recently introduced regulations for cryptocurrency exchanges. Experts and analysts believe that in the future more traders will switch to decentralized cryptocurrency exchanges in order to eliminate security risks.
BCH now even steps behind ETH. im wondering if this coin is coming to its true value - 300$ .
uh, you do realise that each coin has a different overall supply?
that often proves to be kind of important when taking all of their prices into consideration.
Not to mention BTC gained $1,000 in less than 24 hours. These guys begging to get rekt. Because they neither have the balls nor the money to go long or short.
https://www.cryptocoinsnews.com/top-50-fintech-company-bankex-launches-token-presale/
"With industry-wide support, BANKEX’S partners include Microsoft, Dostavista, a global crowdsourced delivery service that operates in nine countries, Symphony Foundation, a foundation consisting of leading US banks, and the Moscow Exchange, the largest exchange group in Russia. In May 2017, BANKEX was listed by Financial IT’s Pathfinder Ranking as one of the Top-50 fintech companies worldwide."
"With industry-wide support, BANKEX’S partners include Microsoft, Dostavista, a global crowdsourced delivery service that operates in nine countries, Symphony Foundation, a foundation consisting of leading US banks, and the Moscow Exchange, the largest exchange group in Russia. In May 2017, BANKEX was listed by Financial IT’s Pathfinder Ranking as one of the Top-50 fintech companies worldwide."
BCH now even steps behind ETH. im wondering if this coin is coming to its true value - 300$ .
uh, you do realise that each coin has a different overall supply?
that often proves to be kind of important when taking all of their prices into consideration.
You don't have the slightest idea what the true value of BCH is, do you? 300$? Why not higher, why not lower?
http://www.newsbtc.com/2017/10/13/bitcoin-mempool-fills-following-massive-price-boost/
it's just worthless .05 cents http://www.newsbtc.com/2017/10/13/bitcoin-mempool-fills-following-massive-price-boost/
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