Topic: Nights Watch by Afrikoin - page 36. (Read 303310 times)

If I may why ETC long term?

My count from the bottom hasnt changed. You should find it a few pages back - a WXYXZ flat zz triangle.

It looks like the third wave is not yet done and it could reach as high as 3500 easily before further consolidation above 2000. The fifth wave could be spectacular in several months.

I am currently looking at $etc, $zec long term

Hey Africoin. I've been reading your thread for so long. I felt a thank you would be nice now that I finally decided to register here.

I also read that you have some money in Ethereum and Litecoin. Do you have any opinion about these 2 coins for midterm? Thanks!

both are fair investments mid-term but definitely not long-term. However, if we're talking about mid-term profits then neither ETH nor LTC is the best option out there. ETH is already overvalued and does not have a potential to surge x10 any more. LTC doesn't even have any fundamentals backing up its price.

I would want to recommend WAVES but it too has a very big market cap already, so even though the tech is great and they're gaining momentum you won't be able to x100 your investment in WAVES.

The only coin I am aware of that still has the potential to x100 in value this year is Byteball. It has true innovation backing it up and it could potentially dethrone Ethereum, Monero, Dash and ZCash because its superior to them in all aspects. It has better anonymity and more user-friendly smart contract creation. It also has unlimited scaling because it doesn't have a block chain, so it can truly outperform VISA.

The company where I used to work half a year ago got downsized so I got a huge amount of fiat as compensation. I instantly bought into Byteball with all of that money because I am absolutely certain that Byteball is going to be a huge success.

Hey Africoin. I've been reading your thread for so long. I felt a thank you would be nice now that I finally decided to register here.

I also read that you have some money in Ethereum and Litecoin. Do you have any opinion about these 2 coins for midterm? Thanks!

interesting comments as we approach August 1. I guess it is a reflection of the divisiveness of the scaling deadlock.


My opinion,

Best Segwit proponents will get is Barry's SegWit2MBHF

else UASF

if UASF happens, then probability of chain split is much much higher


What some are not aware of, is efforts by a pro on chain scaling group to scale onchain with miners support (majority)

if you equate on chain scaling success to BU, you are off the mark.

There's more going on than is readily observed in public

Best believe there'll be a surprise in the coming weeks from pro-big blockers


Never under estimate your 'enemy'

I am also interested in how these events will affect price in the short term.

place your long term holdls after clear vision

meanwhile, this event should churn out interesting proposals on current deadlock

[...]
There's more going on than is readily observed in public

Best believe there'll be a surprise in the coming weeks from pro-big blockers
[...]

Who's talking about BU in the first place you dimwit? Absolutely no mention nor reference to BU
You must be hallucinating

Hey you ignorant asshole, good tech coins always make X20-X200 ROI. All the history of your shit BTC is also pump and dump. You really think BTC grew naturally you fucking moron? 

By the way do you still sell BTC on bottom and rebuy it on top? 

Apologies in advance Afrikoin since its off-topic!

There need only be ONE reason. That reason is the BU developers are amateur coders and should not be within a hundred miles of any production code. End of conversation.

Apologies in advance Afrikoin since its off-topic!

There need only be ONE reason. That reason is the BU developers are amateur coders and should not be within a hundred miles of any production code. End of conversation.

Anyone who still thinks SegWit is any good needs to read this: How do SegWit and FlexTrans compare?


There is no reason to choose SegWit over Flexible Transactions.

The reality of the situation is that people will need to upgrade their wallet anyway. As Bitcoin gets its value from networking we can see that networking will cause a ripple effect of upgrades. People that receive a payment from a SegWit user will not have any progress reports of that payment unless they have a SegWit wallet. Users pay more to users that don't have a SegWit wallet. The networked basis of money makes it a certainty that practically all people need to upgrade. And that begs the question if there really is a benefit to the SegWit solution.

SegWit has as its only feature for the future that it allows the Lightning Network to be deployed. The capacity increase is a joke compared to the needs of the network right now. It certainly is not a capacity that can be used in the future. Even with Lightning on top, the capacity allowed in a SegWit world will not allow Bitcoin to grow as peer to peer cash.

Flexible Transactions is not a capacity increase, it is a separate solution that can be combined very well with any capacity increase.
Additionally, it is a format that is made to be extended. Adding fields to the format is expected and can be done safely. FlexTrans even dictates in the specification the allocation of various forwards compatible fields which can be used for soft upgrades.

The main drive for SegWit was to avoid forcing people to upgade. What we see today is that the same authors are pushing people really hard to upgrade to the latest version, even before SegWit is out. Their client refuses to connect to non-segwit peers for half the connections. They even used the alert system to get people to upgrade their client.

All this means that in actual fact the 'safe' upgrade strategy of SegWit is not happening. The natural conclusion is that the complexity introduced to avoid making people upgrade was wasted and there is no real benefit in their architecture over FlexTrans.

The Flexible Transactions deployment is a protocol upgrade that has as of today not been planned. The likely method is to decide that at a specific time (counted in blocks) in the far future this upgrade will become active. Allowing everyone many months to upgrade.
If a user did not upgrade before the date hits his client will give a warning and he will be told to upgrade. Until he does there will be no service. This will guarantee no loss in funds and no loss in security or privacy.

The Flexible Transactions solution solves all problems that SegWit solves. On top of the features that SegWit has it lists some more which are essential to a healthy on-chain future growth for Bitcoin.

Flexible Transactions cost a fraction of SegWit, both in code written and future work to keep the network running.

The goal of SegWit that it would be easier to deploy, allowing people to not upgrade should they not want it, turns out to not be reached and it ends up dictating economic policy which is a sure sign of bad design.

There is no reason to choose SegWit over Flexible Transactions.