[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 700.

mcfom

legendary

Activity: 1260

Merit: 1001

Quote from: johnsmithx on August 25, 2017, 01:04:50 PM

Quote from: Savik on August 25, 2017, 12:42:34 PM

We're quickly approaching a point where BTC is effectively unusable and stuck in place. What value does a commodity have if it isn't transferable? I'll give you my BTC in 60hrs or I'll give you my BCH right now.

Lies and bullshit. BTC is perfectly usable and perfectly transferable. If you don't want to pay enough tx fee then don't use it. All the rest of us have no problem whatsoever.

Agreed with you this topic is full of BS created only to spread the lies and attack on bitcoin. All people are aware of this nothing can reach at the level of adoption of this superior tech. Bitcoin will remain always on top of the market and will hit $10k very soon.

johnsmithx

hero member

Activity: 589

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I don't buy nor sell anything here and never will.

Quote from: Savik on August 25, 2017, 12:42:34 PM

We're quickly approaching a point where BTC is effectively unusable and stuck in place. What value does a commodity have if it isn't transferable? I'll give you my BTC in 60hrs or I'll give you my BCH right now.

Lies and bullshit. BTC is perfectly usable and perfectly transferable. If you don't want to pay enough tx fee then don't use it. All the rest of us have no problem whatsoever.

Savik

full member

Activity: 364

Merit: 101

Quote from: estenity on August 25, 2017, 12:05:34 PM

Quote from: estenity on August 25, 2017, 04:20:45 AM

Quote from: ?? on ??

Smartest Choice is not to use segwitcoin at all.
Because it can't handle the job.

Segwitcoin 71001 Unconfirmed Transactions
https://blockchain.info/unconfirmed-transactions

╥Aztek

this number increases rapidly and is now more than 74,000

presently 95,030 and increasing

Quote from: Chandu141 on Today at 04:46:13 PM

Quote from: Chandu141 on August 25, 2017, 11:46:13 AM

Damn again i see this ...

Warning: Unknown block versions being mined! It's possible unknown rules are in effect

also my transaction stuck from 8 hours Undecided do i need to pay more free from now on ? Cry

https://blockexplorer.com/address/19kG9nu34WRLm5aw138w5m7Hen793LpkbH

We're quickly approaching a point where BTC is effectively unusable and stuck in place. What value does a commodity have if it isn't transferable? I'll give you my BTC in 60hrs or I'll give you my BCH right now.

estenity

hero member

Activity: 1928

Merit: 538

Quote from: estenity on August 25, 2017, 04:20:45 AM

Quote from: ?? on ??

Smartest Choice is not to use segwitcoin at all.
Because it can't handle the job.

Segwitcoin 71001 Unconfirmed Transactions
https://blockchain.info/unconfirmed-transactions

╥Aztek

this number increases rapidly and is now more than 74,000

presently 95,030 and increasing

Quote from: Chandu141 on Today at 04:46:13 PM

Quote from: Chandu141 on August 25, 2017, 11:46:13 AM

Damn again i see this ...

Warning: Unknown block versions being mined! It's possible unknown rules are in effect

also my transaction stuck from 8 hours Undecided do i need to pay more free from now on ? Cry

https://blockexplorer.com/address/19kG9nu34WRLm5aw138w5m7Hen793LpkbH

winding-coils

member

Activity: 168

Merit: 10

Quote from: tekmobile on August 25, 2017, 10:25:39 AM

Quote from: winding-coils on August 25, 2017, 10:09:40 AM

The hash chart is soon going to look like a PWM waveform with more ON time than off with ON being BCH having more hash in their pool.

Dont forget the hyperinflation that this is causing

To what ill effect? 21M is the cap same as BTC, hyperinflation for a short duration would be a small price to pay for low fee fast transactions.

By all measure this thing should have already died (according to FUD), so that it lives while it might be "hyperinflated" (fud?) is hardly an issue at this juncture.

tekmobile

full member

Activity: 392

Merit: 154

Quote from: winding-coils on August 25, 2017, 10:09:40 AM

The hash chart is soon going to look like a PWM waveform with more ON time than off with ON being BCH having more hash in their pool.

Dont forget the hyperinflation that this is causing

szachta

hero member

Activity: 518

Merit: 500

Bitcoincash added in eoboot.

winding-coils

member

Activity: 168

Merit: 10

The hash chart is soon going to look like a PWM waveform with more ON time than off with ON being BCH having more hash in their pool.

wiked1

sr. member

Activity: 429

Merit: 266

Quote from: Vlad2Vlad on August 18, 2017, 01:12:21 PM

You guys hear the plan for when the Bitcoin, err, Segwit Chain freezes up?

AXA/Bilderberg funded Blockstream/Core launched 3 satellites into orbit.

Soooo, 2 nodes (one on standby) are gonna "verify" your transactions.

All owned and operated by the guys paying their salaries. See how that works?

upload multiple pics

#BilderbergCoin

Yes indeed.This man knows what he is talking about...although not sure if its "confirmed" or still "unconfirmed",if you know what I mean.

winding-coils

member

Activity: 168

Merit: 10

Quote from: tekmobile on August 25, 2017, 09:05:39 AM

Quote from: Savik on August 25, 2017, 08:54:03 AM

Quote from: tekmobile on August 25, 2017, 08:11:31 AM

Quote from: winding-coils on August 25, 2017, 08:03:12 AM

http://fork.lol/

Over time the hash will spend more time in BCH which will cause the unconfirmed backlog to rise and rise, which is directly related to fees which will rise and rise.

https://blockchain.info/unconfirmed-transactions
Blocks having been found were able to keep pulling this number down under 30k only hours ago.

Now it is struggling to get under 80k.

And the BTC difficulty will down adjust making it easier so your precious BCH difficulty will need to be lower just to maintain profibility the only one in a downward death spiral is BCH it's being forced down in difficulty and eventually a BTC miner will retaliate at 51% attack the network

First the arguement was that Jihan controls massive mining power and now there will be a miner who comes in with more than him to launch an attack? Which is it?

Either when the difficulty drops too far either Jihan Wu will need enough power to make sure an attack does not happen and make it unprofitable or keep difficulty low and profitable and at risk of attack take your pick

"Jihan Wu will need enough power to make sure an attack does not happen"

I think you are underestimating what is taking place....
September Bitkan I cannot wait http://www.bitkan.com/event?from=english

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Savik on August 25, 2017, 08:54:03 AM

Quote from: tekmobile on August 25, 2017, 08:11:31 AM

Quote from: winding-coils on August 25, 2017, 08:03:12 AM

http://fork.lol/

Over time the hash will spend more time in BCH which will cause the unconfirmed backlog to rise and rise, which is directly related to fees which will rise and rise.

https://blockchain.info/unconfirmed-transactions
Blocks having been found were able to keep pulling this number down under 30k only hours ago.

Now it is struggling to get under 80k.

And the BTC difficulty will down adjust making it easier so your precious BCH difficulty will need to be lower just to maintain profibility the only one in a downward death spiral is BCH it's being forced down in difficulty and eventually a BTC miner will retaliate at 51% attack the network

First the arguement was that Jihan controls massive mining power and now there will be a miner who comes in with more than him to launch an attack? Which is it?

Either when the difficulty drops too far either Jihan Wu will need enough power to make sure an attack does not happen and make it unprofitable or keep difficulty low and profitable and at risk of attack take your pick

Savik

full member

Activity: 364

Merit: 101

Quote from: tekmobile on August 25, 2017, 08:11:31 AM

Quote from: winding-coils on August 25, 2017, 08:03:12 AM

http://fork.lol/

Over time the hash will spend more time in BCH which will cause the unconfirmed backlog to rise and rise, which is directly related to fees which will rise and rise.

https://blockchain.info/unconfirmed-transactions
Blocks having been found were able to keep pulling this number down under 30k only hours ago.

Now it is struggling to get under 80k.

And the BTC difficulty will down adjust making it easier so your precious BCH difficulty will need to be lower just to maintain profibility the only one in a downward death spiral is BCH it's being forced down in difficulty and eventually a BTC miner will retaliate at 51% attack the network

First the arguement was that Jihan controls massive mining power and now there will be a miner who comes in with more than him to launch an attack? Which is it?

amarian12

hero member

Activity: 619

Merit: 501

https://www.massict.com/

Quote from: winding-coils on August 25, 2017, 08:27:05 AM

Quote from: amarian12 on August 25, 2017, 08:22:33 AM

Can anyone explain why coinmarketcap.com reporting different "Circulating Supply",it's not same amount btc and bch? It's that the maximum coins or what in circulation till now?

At one point it should have been 1:1 at the airdrop.

However, blocks are being mined independently so one will get ahead depending on hash and difficulty. For most of the existence of BCC, BTC had more in circulation, only recently did BCC get ahead.

Ok so both coins will have a max of 21mil and that 16mil it's actually the mined till now.... that answer my question. Thanks!

winding-coils

member

Activity: 168

Merit: 10

Quote from: amarian12 on August 25, 2017, 08:22:33 AM

Can anyone explain why coinmarketcap.com reporting different "Circulating Supply",it's not same amount btc and bch? It's that the maximum coins or what in circulation till now?

At one point it should have been 1:1 at the airdrop.

However, blocks are being mined independently so one will get ahead depending on hash and difficulty. For most of the existence of BCC, BTC had more in circulation, only recently did BCC get ahead.

meccaflare0

sr. member

Activity: 336

Merit: 250

Do the thing and you'll have the power.

Quote from: amarian12 on August 25, 2017, 08:22:33 AM

Can anyone explain why coinmarketcap.com reporting different "Circulating Supply",it's not same amount btc and bch? It's that the maximum coins or what in circulation till now?

That's because so many miners came on that they ended up mining blocks too fast before the difficulty could actually adjust. The difficulty for BCH is going to be a roller coaster as miners come and go.

amarian12

hero member

Activity: 619

Merit: 501

https://www.massict.com/

Can anyone explain why coinmarketcap.com reporting different "Circulating Supply",it's not same amount btc and bch? It's that the maximum coins or what in circulation till now?

Somz1

full member

Activity: 420

Merit: 102

Quote from: TrumpBump on August 25, 2017, 07:59:39 AM

Quote from: Somz1 on August 25, 2017, 07:42:47 AM

Quote from: TrumpBump on August 25, 2017, 07:27:50 AM

The unconfirmed transaction log is growing faster than they confirmations. Death spiral has been initiated. I see how this plays out, no matter how long it takes.

The only death spiral we can foresee is that of BCH,where miners are abusing difficulty to keep the coin price relevant
https://mobile.twitter.com/oleganza/status/899727482634461185

https://steemit.com/bitcoin/@ashr/btc-death-spiral-don-t-buy-the-fud

I'll ask in your(Richard Heart's) language "You dumb, bruh?"

That's what you should be asking yourself

"Am I dumb enough to believe that BTC will face death spiral just because there are unconfirmed transactions,while in fact BCH is having a difficulty adjustment mechanism which clearly is dangerous
to its very survival"

tekmobile

full member

Activity: 392

Merit: 154

Quote from: winding-coils on August 25, 2017, 08:03:12 AM

http://fork.lol/

Over time the hash will spend more time in BCH which will cause the unconfirmed backlog to rise and rise, which is directly related to fees which will rise and rise.

https://blockchain.info/unconfirmed-transactions
Blocks having been found were able to keep pulling this number down under 30k only hours ago.

Now it is struggling to get under 80k.

And the BTC difficulty will down adjust making it easier so your precious BCH difficulty will need to be lower just to maintain profibility the only one in a downward death spiral is BCH it's being forced down in difficulty and eventually a BTC miner will retaliate at 51% attack the network

winding-coils

member

Activity: 168

Merit: 10

http://fork.lol/

Over time the hash will spend more time in BCH which will cause the unconfirmed backlog to rise and rise, which is directly related to fees which will rise and rise.

https://blockchain.info/unconfirmed-transactions
Blocks having been found were able to keep pulling this number down under 30k only hours ago.

Now it is struggling to get under 80k.

TrumpBump

member

Activity: 84

Merit: 10

Quote from: Somz1 on August 25, 2017, 07:42:47 AM

Quote from: TrumpBump on August 25, 2017, 07:27:50 AM

The unconfirmed transaction log is growing faster than they confirmations. Death spiral has been initiated. I see how this plays out, no matter how long it takes.

The only death spiral we can foresee is that of BCH,where miners are abusing difficulty to keep the coin price relevant
https://mobile.twitter.com/oleganza/status/899727482634461185

https://steemit.com/bitcoin/@ashr/btc-death-spiral-don-t-buy-the-fud

I'll ask in your(Richard Heart's) language "You dumb, bruh?"

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 700. (Read 704812 times)