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Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 619. (Read 704412 times)

full member
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http://blockdozer.com/insight/address/3AX7T8fd6F2LsZyPdk6e6M1ddbzd5ZPbek < This is the xapo address listed its all outgoing transactions

It does not mean they are buying this will be their cold wallet where all customer funds are stored and ALL must be gone with the majority possibly being sold
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Just for information purposes. Tokyo Sushi Bar the First to Accept Bitcoin Cash. Takahiro Gozu is the owner of the restaurant group that runs the Ginza Numazuko sushi restaurant. The place is well-known to Tokyo bitcoiners — it started accepting BTC payments in March 2015, has a bitcoin ATM on the premises, and is a popular place to take cryptocurrency industry visitors.
Gozu said he hadn’t heard much about Bitcoin Cash until recently. He was convinced to use it at the restaurant by Ken Shishido, who began co-organizing the Tokyo Bitcoin Meetup with Roger Ver in 2013

Accepting Bitcoin in restaurants is always good but accepting BCH is the completely different scenario. I think BCH is just clone of Bitcoin but people are giving a lot of support to this BCH and next one is Bitcoin Gold very soon this one is also being accepted by them then.
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Activity: 182
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Just for information purposes. Tokyo Sushi Bar the First to Accept Bitcoin Cash. Takahiro Gozu is the owner of the restaurant group that runs the Ginza Numazuko sushi restaurant. The place is well-known to Tokyo bitcoiners — it started accepting BTC payments in March 2015, has a bitcoin ATM on the premises, and is a popular place to take cryptocurrency industry visitors.
Gozu said he hadn’t heard much about Bitcoin Cash until recently. He was convinced to use it at the restaurant by Ken Shishido, who began co-organizing the Tokyo Bitcoin Meetup with Roger Ver in 2013
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
Xapo is buying Bitcoin Cash? Source anywhere out there?
legendary
Activity: 2632
Merit: 2386
$120000 in 2024 Confirmed
hero member
Activity: 686
Merit: 504

It's node decentralisation that starts to become a problem the miners may create the blocks but the nodes have to verify them this consumes bandwidth and CPU cycles if the blocks get big enough that they cannot be transferred and verified by the time the next block is found then you get useless empty blocks

Since most mining is done in China and they need to use slow VPNs to talk to most of the outside world this may be a problem antpool already struggles to mine 1MB blocks

Don't worry too much about node decentralization, unless you think miners are going to 51% attack themselves out of 100 billion dollars. If you're really worries, you can buy a SHA256 miner from China anytime you want. Forget about non-mining nodes, they're largely irrelevant and mostly just rubber-stamp what the miners say.

Well, your arrogant and disrespectful behavior just won you a place on my ignore list, kiddo, and I won't even comment on the fact that I am most probably older than your parents.


OK dad, U MAD BRO? I don't even know what your point was about blocksize. All I said was 8MB blocks work fine and all hell broke loose in your brain. The point is, Kore 1MB blocks could be the downfall of BTC. Or, sudden drops in diff could cause it to go poopoo.  BCH suffers from none of these maladies and has 8x the capacity.  

LOL about the code, that's funny that Kore had to change the variable name to MAX_BLOCK_BASE_SIZE, so Orwellian... all to justify Segwit's unneeded technical debt. But you're 100% right, and I was 100% wrong... about 4 characters.

I'm curious to see how low BCH/BTC can drop. Also wondering how Xapo can buy up so much BCH without pumping the price - are they running some arbitrage and/or wash trades on other exchanges?
legendary
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diamond-handed zealot
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tek m8, may i ask, are you in or out just now of bch?

Out I have nothing I sold the initial dump and then re bought near the bottom just as it starting pumping from the koreans and then sold near the top I could have gone much higher but I didn't know how far it would go and wouldn't have been around if it crashed back hard so resold and been out ever since.

If I sold my BTC for BCH I would have far far less than I do now so I think I made the right choice plus I also benefit from also getting Bgold and S2X come november but I don't expect anything from S2X I think it will be a non starter it seems to have far far far more hate than what Bcash did plus with no adjustments to the difficulty re-targeting and I don't expect garzik to bring any mining power so support his fork he's just trusting the miners will follow through with the signalling

Have you seen the bets that Ver has accepted totalling 1000BTC over the BTC/S2 chain winning the majority he's crazy

i do find it strange that you are here so much but have been out of bch for so long...
anyways..as long as your happy with you decisions, thats all that matters...for all of us.

1000btc ver lols , is this the cobbles tweet thing about 250btc or something

This new fork, will benefit bitcoin cash more than all the rest.
I dont want any free bgold,lol if i do i may pick them off market later ( if it survives) after the obvious dump...far less risk that way.


I stick around because I like to keep my options open and know what going off in all camps I don't just follow blindly like a religious cult
Yes I believe in core they have the best developers and cryptographers but if it ever would become obvious that another chain would win out then I would swop hence why I like to be in the know

Yea ver has accepted 4 bets for 250BTC each that if BTC becomes the majority the he will send 250BTC to all 4 and if S2X becomes the majority chain all 4 will send him 250S2X coins now if he would pay up is a different matter

and the obvious all bets are off if the fork does not happen

Trace Mayer also offered to bet him 25000BTC but he wouldn't do it

Im not interested in buying any of the Bgold coins but I am interested in moving my GPU miners over I think early on there is the possibility to mine quite a lot while its not as profitable and valuable then hold them for a few years or so
legendary
Activity: 2758
Merit: 1075

tek m8, may i ask, are you in or out just now of bch?

Out I have nothing I sold the initial dump and then re bought near the bottom just as it starting pumping from the koreans and then sold near the top I could have gone much higher but I didn't know how far it would go and wouldn't have been around if it crashed back hard so resold and been out ever since.

If I sold my BTC for BCH I would have far far less than I do now so I think I made the right choice plus I also benefit from also getting Bgold and S2X come november but I don't expect anything from S2X I think it will be a non starter it seems to have far far far more hate than what Bcash did plus with no adjustments to the difficulty re-targeting and I don't expect garzik to bring any mining power so support his fork he's just trusting the miners will follow through with the signalling

Have you seen the bets that Ver has accepted totalling 1000BTC over the BTC/S2 chain winning the majority he's crazy

i do find it strange that you are here so much but have been out of bch for so long...
anyways..as long as your happy with you decisions, thats all that matters...for all of us.

1000btc ver lols , is this the cobbles tweet thing about 250btc or something

This new fork, will benefit bitcoin cash more than all the rest.
I dont want any free bgold,lol if i do i may pick them off market later ( if it survives) after the obvious dump...far less risk that way.
full member
Activity: 392
Merit: 154

tek m8, may i ask, are you in or out just now of bch?

Out I have nothing I sold the initial dump and then re bought near the bottom just as it starting pumping from the koreans and then sold near the top I could have gone much higher but I didn't know how far it would go and wouldn't have been around if it crashed back hard so resold and been out ever since.

If I sold my BTC for BCH I would have far far less than I do now so I think I made the right choice plus I also benefit from also getting Bgold and S2X come november but I don't expect anything from S2X I think it will be a non starter it seems to have far far far more hate than what Bcash did plus with no adjustments to the difficulty re-targeting and I don't expect garzik to bring any mining power so support his fork he's just trusting the miners will follow through with the signalling

Have you seen the bets that Ver has accepted totalling 1000BTC over the BTC/S2 chain winning the majority he's crazy
legendary
Activity: 2758
Merit: 1075
Get filled with bch asap, this is ready to shot up anytime guys  Cool

You was saying that when it was at 0.13 now it's under 0.1 and getting very close to its all time low after the initial dumping

It's starting to crash hard and may soon get to the point of no return when mass users start to cashout
Its hard to watch it going below 0.1 and sliding towards its all time low.I am in two  minds whether to scoop more at this low prize or wait longer for the prize to go down a bit more.
I've bought my original allocation back at some tidy profit - happy to speculate on a later rise

i predict retrace to .06 Smiley weeee


#poof!

The lower it goes the more sellout causing it to go even lower weak hands will start selling causing even bigger crashes until the strongest of hands are left worth something worthless

Its like gambling when you are on a winning streak you have to know when to quit while your ahead but some get cocky and loose it all
tek m8, may i ask, are you in or out just now of bch?
legendary
Activity: 2758
Merit: 1075
Get filled with bch asap, this is ready to shot up anytime guys  Cool

You was saying that when it was at 0.13 now it's under 0.1 and getting very close to its all time low after the initial dumping

It's starting to crash hard and may soon get to the point of no return when mass users start to cashout
Its hard to watch it going below 0.1 and sliding towards its all time low.I am in two  minds whether to scoop more at this low prize or wait longer for the prize to go down a bit more.
I've bought my original allocation back at some tidy profit - happy to speculate on a later rise

i predict retrace to .06 Smiley weeee


#poof!
omg ,  Cheesy  for first time in a long time,
i take a lil break to enjoy some old skool gaming... i tried so hard not to look at charts or forums for more than 24hours...lols
i did place orders, most got filled...kinda happy as i know it will go back up and i got gd price...
kinda not happy that the segwitcoins pumping and bitcoin cash isnt...however i like to try and think positive..sooo
weak bitcoin cash holders are leaving...good, the fiat price is holding well...

imo
buy dumps..sell during pumps = usually gd profit (bch just now)
buy pumps...sell while dumping = loss of holdings ( btc just now)
 Tongue
full member
Activity: 392
Merit: 154
Get filled with bch asap, this is ready to shot up anytime guys  Cool

You was saying that when it was at 0.13 now it's under 0.1 and getting very close to its all time low after the initial dumping

It's starting to crash hard and may soon get to the point of no return when mass users start to cashout
Its hard to watch it going below 0.1 and sliding towards its all time low.I am in two  minds whether to scoop more at this low prize or wait longer for the prize to go down a bit more.
I've bought my original allocation back at some tidy profit - happy to speculate on a later rise

i predict retrace to .06 Smiley weeee


#poof!

The lower it goes the more sellout causing it to go even lower weak hands will start selling causing even bigger crashes until the strongest of hands are left worth something worthless

Its like gambling when you are on a winning streak you have to know when to quit while your ahead but some get cocky and loose it all
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
Get filled with bch asap, this is ready to shot up anytime guys  Cool

You was saying that when it was at 0.13 now it's under 0.1 and getting very close to its all time low after the initial dumping

It's starting to crash hard and may soon get to the point of no return when mass users start to cashout
Its hard to watch it going below 0.1 and sliding towards its all time low.I am in two  minds whether to scoop more at this low prize or wait longer for the prize to go down a bit more.
I've bought my original allocation back at some tidy profit - happy to speculate on a later rise

i predict retrace to .06 Smiley weeee


#poof!
full member
Activity: 392
Merit: 154
https://twitter.com/TuurDemeester/status/914187286773936128

Quote
Bitcoin cash has dropped 12.5% since Xapo unlocked it. What will happen once Coinbase does the same?



Also only 2 month before the holders at xapo are forced to either withdraw or sell for BTC
full member
Activity: 392
Merit: 154
Looks like BCH is dying slowly.  Shocked Undecided

Today so far is lower still and dropping

9.63%   0.09634522 BTC

When the difficulty first adjusted BCH was around 80% more profitable currently its only 53.4% more profitable

Right now its at its lowest of lows if you don't take into consideration the value after the initial dump when there was a mass selloff 
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Here's Septembers month breakdown


hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*

Bingo.  And BCH has proven 8MB blocks work fine. At the moment many are still selling BCH for BTC, but when more direct BCH->fiat exchanges become more mainstream (read: Bitstamp), the BCH price will rocket. Combine that with the November 2x drama and Kore doods ragequitting and we could well see a flippening. When BTC hashpower takes a shit and confirmations take as long as a month, what coin do you think people will run to?


Oh and LN is shit, I won't even bother discussing the million reasons it won't work and won't see mass adoption.

Ive not seen any proof of 8MB blocks working, 1 block is not proof the majority are well under 100k this is not proof of 8MB Blocks working


When Bitcoin Cash wiped out bitcoin satan attempt to flood their network with transactions.
https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/
Quote
On August 16 at approximately 8 am EDT the mining pool Bitclub Network mined an 8MB block on the Bitcoin Cash (BCH) blockchain.
Block #479469 cleared over 37,000 transactions from the mempool making it the largest block found so far on the BCH chain.
Meanwhile, the BCH network continues to capture infrastructure development and industry support.  

That is the great thing about using excess capacity, they only need to use it when it is needed.
The rest of the time , they use smaller blocksizes as the larger is not currently needed constantly, but it is there if they need it.
Verses 1 mb segwitcoin doing nothing but taking days and raising fees as their fix.

The fact that even when the Bitcoin Cash difficulty adjusting up and down, they Never have a backlog of transaction like segcrap.
Bitcoin Cash is just a superior product and it took a very little amount of code changes to make it so.

@tekmobile, I imagine when 1mb segwitcoin is frozen in a death spiral , you won't see that as a problem either.

╥Aztek

What are you both talking about? They don't "use smaller blocksizes". It's not like they have a choice to make a bigger block. New blocks are mined at a relatively constant rate and whatever amount of transactions is at that moment in mempool can then be stored in the block. They may decide to not write all transactions and thus make the block smaller but they definitely cannot artificially make the block larger. So saying "they only need to use it when it is needed" is nonsense.

Uhhhm hate to correct a senior member again, but "blocksize" is a shortening of "MAX BLOCK SIZE". Read the code bro.
Code:
static const unsigned int MAX_BLOCK_SIZE = 1000000;
Only in Kore BTC are the blocks constantly full, to where certain uneducated people think that every block has to be that size... So of course you only use a bigger block when you need a bigger block!

You are not correcting anyone, you only just ridiculed yourself so much and on so many levels that I don't even know where to begin.

You not only didn't understand what I said but not even what I was responding to, and not even what they were talking about.

The first person was talking about bitcoin cash saying that most blocks are under 0.1MB and that there was only one 8MB block and it's not a proof of 8MB blocks working. The correct response to that is that if there ever was even one single 8MB block mined/stored/transported then that exactly is the proof of 8MB blocks working and the fact that there weren't/aren't more has nothing to do with the software, network or miners, because the blocks logically cannot be bigger than how many transactions exist in the mempool at the moment the block is mined. This is such a simple logic that even a 10-year-old would understand that and the fact that he seems to not get it was the DUH moment.

The second person didn't use any of the above valid arguments in his response and instead said that the miners only use bigger blocks when it's needed otherwise they use smaller blocksizes, to which I said that this line of reasoning is nonsense because he is basically saying that the miners could make 8MB blocks but they don't "use" them because it's not needed, implying they have a choice. That is simply not true. The miners don't have such a choice. The only thing miners can decide is to exclude some transactions, so in effect, indirectly, they can make the block smaller than it could be given the number of available mempool transactions. But they absolutely cannot make the block bigger. The miners don't "use" big blocks, the miners don't "use" smaller blocksizes, they don't "use" anything. The only thing that's happening is that the software automatically writes the mempool transactions into the newly discovered block and the only thing that miners can possibly do in this matter is to exclude some of them, that's all that they can do, nothing else. They don't choose any blocksize, they don't use any blocksize, they don't get to decide anything except excluding transactions. Again, I think this, too, is an elementary school logic but maybe I am wrong here, maybe the nuances and semantics are too subtle for young people brains, or maybe it's a language issue.

Now you pompously come here, apparently having no clue what any of us was talking about, irrelevantly showing some line of code that doesn't even exist in any of all 4 bitcoin implementations (it did exist in the bitcoin-core source code but was removed almost 2 years ago - "read the code bro") and has absolutely nothing to do with the matter anyway, and thinking that you are actually correcting anyone? Well, your arrogant and disrespectful behavior just won you a place on my ignore list, kiddo, and I won't even comment on the fact that I am most probably older than your parents.



antbleed ring a bell? :-D $BCH was fun VerTroll()..umm i just sold ... timberrrr weee
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