[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 727.

Mrpumperitis

legendary

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http://www.newsbtc.com/2017/08/20/bitcoin-cash-hashrate-represents-nearly-10-bitcoin-network/

https://www.cnbc.com/2017/08/19/bitcoin-cash-soars-to-record-high-above-900-as-mining-profits-jump.html

https://www.coindesk.com/bitcoin-trading-sideways-bitcoin-cash-drops-800/

https://www.fxempire.com/news/article/bitcoin-cash-soaring-to-record-high-above-900-as-its-more-profitable-to-mine-than-bitcoin-430909

http://www.cityam.com/270520/bitcoin-cash-price-jumps-above-1000-stunning-rise

roeks

newbie

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R and whale cronies pump, perception perception the ice getting thinner.

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Quote from: mindrust on August 20, 2017, 07:02:47 AM

Quote from: Mrpumperitis on August 20, 2017, 05:30:50 AM

am i wrong?

Anything you say is wrong. I didn't even read them.

Nobody with a right mind would support a product from a convicted criminal.

lols...is that how you debate?
is that how you learn?
is that how you gain knowledge?

your argument for segwitcoin has lost all credability, because you can only try to bash bcc/bch, actually you didnt even argue for segwetterscoin,lol
I dont care about any hodlers of anycoins criminal convictions,lol
Just like i dont care how much fiat is in your pocket or where you got it from.

However you cannot show any reasons to support a 3rd party coin.

YOU LOSE...GAME OVER

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Mrpumperitis on August 20, 2017, 05:30:50 AM

am i wrong?

Anything you say is wrong. I didn't even read them.

Nobody with a right mind would support a product from a convicted criminal.

Savik

full member

Activity: 364

Merit: 101

Quote from: bones261 on August 19, 2017, 11:52:31 PM

Quote from: bones261 on August 19, 2017, 08:25:33 PM

Quote from: Savik on August 19, 2017, 08:20:43 PM

We're blasting through the blocks. #479808 should be here in another hour or two. Anyone have bets on what the new difficulty will adjust to?

69275432296.7 approximately.

Difficulty now 68222137509.71. I was close but no cigar. I though the biggest difficulty drop was 40%. Apparently it's not exactly 40%. I'll have to brush up on this.

You were pretty damn close!! Nicely done.

Now the difficulty has dropped, block times are really blazing, and hashrate is climbing. Time to hunt down and pass the Segwit chain!

There have been 1389 blocks mined since the hard fork.

(1436 blocks behind the original chain)

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Mrpumperitis on August 20, 2017, 05:56:45 AM

Blockchain Overview
There have been 1369 blocks mined since the hard fork.
(1450 blocks behind the original chain)

The Bitcoin Cash blockchain is currently operating at 7% of the original chain's difficulty.

The original chain has grown 2.41GB more than the Bitcoin Cash blockchain.

It is currently 138.4% more profitable to mine on the Bitcoin Cash blockchain. Shocked

It is also estimated the difficulty may rise by around 300% in the next few days don't forget that bit thats unless they added another get out clause to manipulate

currently finding blocks 4 times faster than it should be so this number could be even higher ive guessed the next difficulty up adjustment to be <= 2 days

estenity

hero member

Activity: 1923

Merit: 538

Quote from: Xandan on August 20, 2017, 06:02:10 AM

It is extremely messy situation which is confusing people more and more. If you read arguments and points of one side seems to have weight and when you read other side comments they also seem same valid. It is better for non technical people like me to stay away from this unlimited civil war for the moment until clouds disappear and ways are clear like before.

OK but you have to take a position during waiting. ..

grasshpr

member

Activity: 118

Merit: 10

Quote from: Xandan on August 20, 2017, 06:02:10 AM

It is extremely messy situation which is confusing people more and more. If you read arguments and points of one side seems to have weight and when you read other side comments they also seem same valid. It is better for non technical people like me to stay away from this unlimited civil war for the moment until clouds disappear and ways are clear like before.

Yes its confusing, I hedged some of my BTC to BCH because at the moment its hard to predict outcome. Technically Bitcoin Cash might even be the more elegant and simple solution, but its not only technical things that dictate the market far form that. Some coins do some things better then both BTC and BCH eg Monero is far better for privacy, LTC already had low fees etc, but most people are not selling all their BTC for them
A lot has to do with emotions and sentiment and other psychology nuances.
IMO BCH is now in waiting period will miners move to it or not and news about that will influence markets a lot. Same for Segwit activating on BTC in a few days, some people expect price increase just for that but it might not necessary happen

Xandan

hero member

Activity: 1106

Merit: 504

It is extremely messy situation which is confusing people more and more. If you read arguments and points of one side seems to have weight and when you read other side comments they also seem same valid. It is better for non technical people like me to stay away from this unlimited civil war for the moment until clouds disappear and ways are clear like before.

Jackatwo

newbie

Activity: 80

Merit: 0

I am still waiting for all these so called experts that say BitCoin Cash will be only a dollar. Roll Eyes

it looks like I will be waiting for a long time. Lips sealed

actually I cannot figure out why people are so sure about what coins go up or down and really commit them selves to it, this only makes the rest of us not believe any thing that they say.

if you were one of them that said that I would definitely be walking around with my foot in my mouth now Grin

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Blockchain Overview
There have been 1369 blocks mined since the hard fork.
(1450 blocks behind the original chain)

The Bitcoin Cash blockchain is currently operating at 7% of the original chain's difficulty.

The original chain has grown 2.41GB more than the Bitcoin Cash blockchain.

It is currently 138.4% more profitable to mine on the Bitcoin Cash blockchain. Shocked

winding-coils

member

Activity: 168

Merit: 10

Is being cheaper to use within the scope and intent of Bitcoin? Fees are high, the team doesn't seem opposed to rising fees unless someone will offer evidence opposing?

Quote from: Zontop on August 20, 2017, 05:27:58 AM

I don't know how many people saw Jihan Wu's yesterday's tweet where he clearly says Bitcoin Cash is not Bitcoin. Bitcoin Cash is bitcoin cash. It is clearly an altcoin though it is more profitable to mine at the moment than Bitcoin. I think propaganda to say it is according to original idea should be stopped and should promote it as it is under its own label.

Regarding the Wu post, "America is not England. America is America. Bitcoin Cash is not Bitcoin. Bitcoin Cash is Bitcoin Cash."

I feel the intent was to convey the magnitude of the current evolution.

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

you missed the whole point of what im saying...as usual lol...read again please

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Mrpumperitis on August 20, 2017, 05:30:50 AM

Quote from: mindrust on August 20, 2017, 05:07:27 AM

Bcash exists only for 1 reason, to protect companies like bitpay

1-Roger invested so much in bitpay and LN will make bitpay obsolete because every bitcoin accepting company out there will be setting their own payment channels via Lightning Network. That's why Roger wants to destroy bitcoin and promote bcash instead.

2-Jihan invested so much in ASIC miners and patented ASICBOOST to have a sure advantage over the other companies and Segwit kills ASICBOOST.

So in reality, those 2 are highly malicious to bitcoin and they are stealing from us. Segwit/LN solves the problems those 2 scam artists have been exploiting. That's why they are crying out loud.

you clearly seem confused...maybe to much rust in your mind lol
so what if both of these guys are in bcc , they have always been in btc and lowering fees doesnt help bitpay does it?

can you tell us the pros & cons of segwitcoin?
all i see is a 3rd party that will be the ones stealing from us all, miners,traders,exchanges,investors
the 3rd party will have the power to control all wallets (would you pay $10 for a segwitcoin wallet in the future...rising every yr)
control tx fees..are you happy about the extremley high fees already that will only go higher..pricing out millions of users from using bitcoin
control all exchanges wallets...charge exchanges to use bitcoin wallets
control the flow of TXs, cut out wallet, ban wallets, ban countries using the network...
shareholders and company overheads will be paid from the bitcoin network....
+ much more
and you support this?!!!!!!
am i wrong?

You know you dont have to use a segwit address your old privkey wallet will carry on working as normal and can still hold over 90% of your BTC that you are not using safe and secure as of day one and you can use a setwit enabled address for more frequent use that will use up a fraction of block space and be cheaper to use.

Just because its there does not automatically mean every transaction becomes a segwit one the same with lightning network just because its there does not mean you have to use it the choice is yours.

For the bulk of your BTC I will always recommend keeping it in a privkey address but its nice to have the options to use cheaper segwit addresses for frequent use and LN for instant confirmation when needed

I don't keep more than 1 BTC in a single privkey wallet I mine on nicehash to their wallet and cash out every so often plus buy a bit every month and once I fill a wallet to around 1 BTC I just start with a new one these will still be stored on the blockchain in the old format prior to segwit now and in the future nothing will change in that respect

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Zontop on August 20, 2017, 05:27:58 AM

I don't know how many people saw Jihan Wu's yesterday's tweet where he clearly says Bitcoin Cash is not Bitcoin. Bitcoin Cash is bitcoin cash. It is clearly an altcoin though it is more profitable to mine at the moment than Bitcoin. I think propaganda to say it is according to original idea should be stopped and should promote it as it is under its own label.

The profitability will change maybe tomorrow or the day after when the difficulty adjusts up A LOT currently creating blocks 3-5 times faster than it should due to heavy manipulation from the one dominant miner

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Quote from: mindrust on August 20, 2017, 05:07:27 AM

Bcash exists only for 1 reason, to protect companies like bitpay

1-Roger invested so much in bitpay and LN will make bitpay obsolete because every bitcoin accepting company out there will be setting their own payment channels via Lightning Network. That's why Roger wants to destroy bitcoin and promote bcash instead.

2-Jihan invested so much in ASIC miners and patented ASICBOOST to have a sure advantage over the other companies and Segwit kills ASICBOOST.

So in reality, those 2 are highly malicious to bitcoin and they are stealing from us. Segwit/LN solves the problems those 2 scam artists have been exploiting. That's why they are crying out loud.

you clearly seem confused...maybe to much rust in your mind lol
so what if both of these guys are in bcc , they have always been in btc and lowering fees doesnt help bitpay does it?

can you tell us the pros & cons of segwitcoin?
all i see is a 3rd party that will be the ones stealing from us all, miners,traders,exchanges,investors
the 3rd party will have the power to control all wallets (would you pay $10 for a segwitcoin wallet in the future...rising every yr)
control tx fees..are you happy about the extremley high fees already that will only go higher..pricing out millions of users from using bitcoin
control all exchanges wallets...charge exchanges to use bitcoin wallets
control the flow of TXs, cut out wallet, ban wallets, ban countries using the network...
shareholders and company overheads will be paid from the bitcoin network....
+ much more
and you support this?!!!!!!
am i wrong?

Zontop

sr. member

Activity: 854

Merit: 256

I don't know how many people saw Jihan Wu's yesterday's tweet where he clearly says Bitcoin Cash is not Bitcoin. Bitcoin Cash is bitcoin cash. It is clearly an altcoin though it is more profitable to mine at the moment than Bitcoin. I think propaganda to say it is according to original idea should be stopped and should promote it as it is under its own label.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: winding-coils on August 20, 2017, 05:18:43 AM

http://www.bitkan.com/event?from=english

Coincidence Dash seeing nice gains alongside BCC? Check out who is featured on this guest-list.

Criminals and Murderers, Unite!

winding-coils

member

Activity: 168

Merit: 10

http://www.bitkan.com/event?from=english

Coincidence Dash seeing nice gains alongside BCC? Check out who is featured on this guest-list.

tekmobile

full member

Activity: 392

Merit: 154

Quote from: mindrust on August 20, 2017, 05:07:27 AM

Bcash exists only for 1 reason, to protect companies like bitpay

1-Roger invested so much in bitpay and LN will make bitpay obsolete because every bitcoin accepting company out there will be setting their own payment channels via Lightning Network. That's why Roger wants to destroy bitcoin and promote bcash instead.

2-Jihan invested so much in ASIC miners and patented ASICBOOST to have a sure advantage over the other companies and Segwit kills ASICBOOST.

So in reality, those 2 are highly malicious to bitcoin and they are stealing from us. Segwit/LN solves the problems those 2 scam artists have been exploiting. That's why they are crying out loud.

3-Jihan has invested a lot in rootstock and bitcoin are not interested so needs a trojan horse to force it on people ie Bcash

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 727. (Read 704406 times)