[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 708.

baddw

hero member

Activity: 700

Merit: 500

Quote from: spankyminer on August 23, 2017, 11:50:51 PM

Sooo, a long time passed, whats the general consensus about the Electron Cash wallet? I really want to use it but was afraid because of the statements from Electrum about not endorsing it etc.
Is it safe and good to use?

I used it to claim my BCH and transfer them to an exchange to get rid of them. I imported my private keys into Electron Cash from my BTC wallet, AFTER I transferred all of the BTC out of that wallet on the main chain. The Electron Cash wallet worked for that purpose. I haven't used it since I saw the transactions hit the exchange.

If you already use Electrum as your BTC wallet, Electron Cash WILL pull up your existing wallet.dat, so you will have to be more careful. It MIGHT even pull up your BTC (core) wallet.dat, so it really is best to get it on a new computer.

spankyminer

full member

Activity: 184

Merit: 100

Sooo, a long time passed, whats the general consensus about the Electron Cash wallet? I really want to use it but was afraid because of the statements from Electrum about not endorsing it etc.
Is it safe and good to use?

winding-coils

member

Activity: 168

Merit: 10

Quote from: z97rx470 on August 23, 2017, 10:12:15 PM

Segwit now active on BTC! Still 37k unconfirmed transactions though

40,000 it appears to be losing ground by about 2k for the short time I've been watching.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: z97rx470 on August 23, 2017, 10:32:08 PM

Also meant to be a temporary scaling solution until LN which is still a long time away. So we're supposed to deal with these slow and expensive transactions until then?

Suck it up, buttercup. The next transaction fee you pay will probably the cheapest you will ever pay in the future for an on-chain transaction. At least on the core chain. It can only climb from here on out. Careful what you wish for.

winding-coils

member

Activity: 168

Merit: 10

Quote from: Noruka on August 23, 2017, 10:18:39 PM

Quote from: Celebrity on August 20, 2017, 10:52:26 AM

Quote from: Noruka on August 20, 2017, 10:39:13 AM

Quote from: bones261 on August 20, 2017, 10:24:39 AM

Quote from: jaxxion on August 20, 2017, 10:05:31 AM

Crashing now. I predict < $240 on monday night. Wink

Bitcoin is always the King. Sorry guys Kiss

Roger Ver has deep pockets. By Monday, the next difficulty adjustment will arrive and it will be a jolt upward. If the Bitcoin Cash supporters want to keep the miners interested, they better put up the buy support. Many of these miners are going to move on if they don't see a sustained and healthy profit margin. Wu will probably still be propping this baby up though with his magical mystery miners.

Yes but even if Roger Ver has deep pockets, this is probably a market that goes even beyond his pockets. I doubt he is sitting on several billions. And slowly but surely, that is becoming the amount to seriously move BCH up and down and play all others. Who knows which type of people also joined the BCH party.

From the very first release of bitcoin cash, lots of people joined the party, including the hard BTC supporters just in order to make some profit from BCH manipulation. The price is fluctuating in BCH, allowing traders to make good profit.

Sure, but BCH is a highly speculative asset. More speculative than BTC imo. BTC is quite a solid bet, but I guess you'll all attack me now and explain the opposite Cheesy

I agree mostly, with the only caveat being that the way BTC had been defined now has been redefined it has been changed dramatically on many levels, and for that it is slightly less a sure bet than if it had not changed.

z97rx470

newbie

Activity: 36

Merit: 0

Quote from: Yefet on August 23, 2017, 10:25:04 PM

Quote from: z97rx470 on August 23, 2017, 10:12:15 PM

Segwit now active on BTC! Still 37k unconfirmed transactions though

I think SegWit is meant more for enabling the Lightning Network, than a standalone solution for Bitcoin scaling.

Also meant to be a temporary scaling solution until LN which is still a long time away. So we're supposed to deal with these slow and expensive transactions until then?

Yefet

hero member

Activity: 643

Merit: 501

Crypto Mentat

Quote from: z97rx470 on August 23, 2017, 10:12:15 PM

Segwit now active on BTC! Still 37k unconfirmed transactions though

I think SegWit is meant more for enabling the Lightning Network, than a standalone solution for Bitcoin scaling.

Noruka

sr. member

Activity: 910

Merit: 253

Quote from: Celebrity on August 20, 2017, 10:52:26 AM

Quote from: Noruka on August 20, 2017, 10:39:13 AM

Quote from: bones261 on August 20, 2017, 10:24:39 AM

Quote from: jaxxion on August 20, 2017, 10:05:31 AM

Crashing now. I predict < $240 on monday night. Wink

Bitcoin is always the King. Sorry guys Kiss

Roger Ver has deep pockets. By Monday, the next difficulty adjustment will arrive and it will be a jolt upward. If the Bitcoin Cash supporters want to keep the miners interested, they better put up the buy support. Many of these miners are going to move on if they don't see a sustained and healthy profit margin. Wu will probably still be propping this baby up though with his magical mystery miners.

Yes but even if Roger Ver has deep pockets, this is probably a market that goes even beyond his pockets. I doubt he is sitting on several billions. And slowly but surely, that is becoming the amount to seriously move BCH up and down and play all others. Who knows which type of people also joined the BCH party.

From the very first release of bitcoin cash, lots of people joined the party, including the hard BTC supporters just in order to make some profit from BCH manipulation. The price is fluctuating in BCH, allowing traders to make good profit.

Sure, but BCH is a highly speculative asset. More speculative than BTC imo. BTC is quite a solid bet, but I guess you'll all attack me now and explain the opposite Cheesy

z97rx470

newbie

Activity: 36

Merit: 0

Segwit now active on BTC! Still 37k unconfirmed transactions though

x2666

member

Activity: 98

Merit: 10

Quote from: jbreher on August 23, 2017, 09:55:40 PM

Just what.... Exactly.... Do you think his patent filings cover? The fundamental underpinnings of all contemporary cryptocurrencies? Get a grip. That ship sailed years ago. You can't patent something already in the public domain.

Just no.

I don't disagree that patents won't stop the endless flow of shitcoins.

Doesn't mean people aren't trying.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: x2666 on August 23, 2017, 09:14:58 PM

Quote from: jbreher on August 23, 2017, 08:08:17 PM

Quote from: x2666 on August 23, 2017, 04:12:27 PM

It comes down to this, if he ultimately isn't satoshi, can't prove anything, and ergo has no chance at having his patents approved,

Just no. CSW's ability to successfully register his patents is completely orthogonal to whether or not he is satoshi. No dependency whatsoever.

No dependency whatsoever?

Just no. In a logical, just world, it is necessary. Yes, it is possible that strings could be pulled by government agencies to allow him to have the patents without proof of being Satoshi, but you know damn well in such a scenario there will be legal action against Craig and people will cry bloody murder.

Just what.... Exactly.... Do you think his patent filings cover? The fundamental underpinnings of all contemporary cryptocurrencies? Get a grip. That ship sailed years ago. You can't patent something already in the public domain.

Just no.

winding-coils

member

Activity: 168

Merit: 10

http://fork.lol/

Forecasts on what that ^ might look like in a month?

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

sammrheza

sr. member

Activity: 448

Merit: 265

miners back to bch again ? Huh

, why just they move and move hahaha , its ridiculous

x2666

member

Activity: 98

Merit: 10

Quote from: jbreher on August 23, 2017, 08:08:17 PM

Quote from: x2666 on August 23, 2017, 04:12:27 PM

It comes down to this, if he ultimately isn't satoshi, can't prove anything, and ergo has no chance at having his patents approved,

Just no. CSW's ability to successfully register his patents is completely orthogonal to whether or not he is satoshi. No dependency whatsoever.

No dependency whatsoever?

Just no. In a logical, just world, it is necessary. Yes, it is possible that strings could be pulled by government agencies to allow him to have the patents without proof of being Satoshi, but you know damn well in such a scenario there will be legal action against Craig and people will cry bloody murder.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: bones261 on August 23, 2017, 06:25:16 PM

So three days boom, three days bust. Is that the cycle?

No. Difficulty and price will both stairstep to stability.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: tekmobile on August 23, 2017, 05:34:24 PM

So every miner in the entire world all came to the same decision at the same time

Profitability flipped back to BTC, so miners switched back to mining the more profitable chain. What's so hard to understand?

After profitability switches back to Bitcoin Cash, I expect miners to return.

It's all quite simple and logical.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: x2666 on August 23, 2017, 04:12:27 PM

It comes down to this, if he ultimately isn't satoshi, can't prove anything, and ergo has no chance at having his patents approved,

Just no. CSW's ability to successfully register his patents is completely orthogonal to whether or not he is satoshi. No dependency whatsoever.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: European Central Bank on August 23, 2017, 03:59:06 PM

Quote from: Mysticus on August 23, 2017, 01:54:48 PM

"The owners of Blockstream are the classic financial institutions, specifically AXA, that have everything to lose from cryptocurrency gaining ground.

And they have bought (“invested in”) a company, which has an opportunity to get patents into the bitcoin blockchain, thereby being able to either outright ban people from using it, or collect a heavy rent from anybody and everybody who uses it."

any company in the whole freaking world that turns over more than $250 can probably be labelled illuminati if you make enough dumb leaps of logic.

OTOH, the (former) Chair of the Bilderbergs is pretty rarefied company.

winding-coils

member

Activity: 168

Merit: 10

Quote from: mt55 on August 23, 2017, 07:06:26 PM

Quote from: Mrpumperitis on August 23, 2017, 06:43:50 PM

guys , watch segshitcoin lose buy support now and
watch the huge buy support come in for bitcoin cash... Wink

I am sure that Segshitcoin will be around for a very loooong time Wink

And they will ultimately resolve scalability issues. Eventually, the strong security is a very important pro, which Bitcoin cash will never reach.

Strong security!?

That's exactly why we have BCC!?

FTR I'm in "both moon" camp.

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 708. (Read 704812 times)