Topic: The paradox of Bitcoin Cash (Read 271 times)

Very likely indeed. A sad and sorry state of affairs really.

NOUR = CLOUDS ? ...

Bring Me The Horizon - medicine (Official Video) * NSFW *
- https://youtu.be/MocF43ncu8I

 

This is why you should make threads self-moderated, and this isn't even the only garbage shitpost here.  It's sad.

Interesting to think about, OP.  I don't do much thinking about BCH, but I finally did claim the little amount I had coming post-forking.  To me it's a garbage coin regardless of how many strange paradoxes are involved, and the day will come when it's only being traded on yobit in the 1-satoshi graveyard with no buy orders in sight.

Most folks don't even know who really won the Bcash / ABC / SV 'hash' wars ...

BCH (bab) is a scam.

Roger wanted to be the boss of bitcoin. He thought he could easily buy bitcoin devs with his money but the devs had enough self respect to refuse his offer.

That's why he created this shitcoin cash where he can control every development.

Then Craig formed his own scam frol bcash(bab) too.

That's all you need to know about bcash.

This was an awful post you quoted to begin with but I wonder how he feels about BCH now. It's done nothing but plummet in value, which was accelerated thanks to the fork.

CSW and BSV are finished. Stick a fork in them, they're done. It was already some sort of blind faith in evil and greed that compelled people to continue believing in them in the first place, so I don't know what you call people who believe in them now. "Insane"?

Indeed. These paradox's of course apply to BSV and to the other Bitcoin chain forks ...

Now proponents of BSV are claiming that BSV was created in 2009 ...

- https://twitter.com/CalvinAyre/status/1094190857035620352
"more history of Craig and his creation of real #Bitcoin BSV in 2009. He has told me all of these stories years ago and they have been proven accurate:"  

- https://twitter.com/CalvinAyre/status/1094198473484877825
"everyone smart in the industry already knows Craig was the primary member of the Satoshi team.Everyone saying this is not true is stupid or lying or both. I know people who knew Craig when he invented Bitcoin BSV in 2009:"  

- https://twitter.com/CalvinAyre/status/1094198804298059776
"And its nice to see Craig admit that #Bitcoin BSV was invented from the gambling industry not as as a reaction to the financial collapse of 2009. Go Gambling! :-)"  

Erm ... What about the Genesis Block Message ...
- https://en.wikipedia.org/wiki/Bitcoin

"... On 3 January 2009, the bitcoin network was created when Nakamoto mined the first block of the chain, known as the genesis block. Embedded in the coinbase of this block was the following text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." This note has been interpreted as both a timestamp and a comment on the instability caused by fractional-reserve banking ..."

...

- https://twitter.com/CalvinAyre/status/1094203338948861952
"Also love the way Craig explains that #Bitcoin #BSV was what he invented and released in 2009. Segwit BTC and Alphabet soup ABC/BAB/BCH are not bitcoin as they changed the economic model. Exchanges are defrauding consumers."  

- https://twitter.com/CalvinAyre/status/1094204237616201729
"yup real #Bitcoin #BSV is for Enterprises and Governments not criminals:"

BSV - Only for Enterprises and Governments ?  

No Bitcoin (BTC) is for everyone, including Enterprise, Governments and yes (unfortunately) criminals, you know, in exactly the same way that said criminals might use FIAT currencies (i.e. paper money etc.,).

Bitcoin (BTC) users are not disimilar to Tor Network users and the use cases are wide and varied, just look at the people that use Tor and the reasons they need it ... for some this is literally a 'life saving' and essential technology ...

- https://www.torproject.org/about/torusers.html.en

"... Today, it is used every day for a wide variety of purposes by the military, journalists, law enforcement officers, activists, and many others ..."

...

Herewith, 'original' cypherpunk's thoughts on this matter ...
- https://moxie.org/blog/we-should-all-have-something-to-hide/

This demonstrates that 'Rule Breaking' is an essential and necessary part of social change (for good!). In fact, innovation and progress becomes more difficult (perhaps impossible) without it.

For example, why does CSW show in (backdated / forged?) emails to Dave K that he needed to use Tor to release Bitcoin (supposedly) ...

Perhaps in fear of something? ... like a whistle blower or a repressed dissident.

To return to the paradox theme, and in relation to this, perhaps Bitcoin itself would still be illegal, if it had not yet been invented!

Catch-22
- https://en.wikipedia.org/wiki/Catch-22_(logic)

...

Why can’t we use quantum phenomena to send messages into the past?  
- http://nautil.us/issue/36/aging/to-understand-your-past-look-to-your-future

Furthermore ...

- https://twitter.com/wikileaks/status/1095309111263223808
"Craig S. Wright is a proven serial forger of documents claiming that he is the inventor of Bitcoin. He has been repeatedly caught. This has been independently verified by WikiLeaks at the time of his first claim and subsequently. https://github.com/CultOfCraig/cult-of-craig …"

- https://twitter.com/wikileaks/status/1095716256370647045
"The Bernie Madoff of #Bitcoin, Craig S. Wright, who keeps forging documents to make it seem that he is Bitcoin's pseudonymous inventor Satoshi Nakamoto, caught again, this time forging a "2001" antecedent to Nakamoto's first Bitcoin paper. https://cryptopotato.com/craig-wright-gets-caught-lying-about-being-satoshi-nakamoto-not-the-first-time/ …"

Oh dear!  

(BitcoinFX does not endorse wikileaks)
- https://youtu.be/DTSkygD1wR0

...

- https://youtu.be/8f8wAXDZ9D0  

It is quite funny a coin which was intended as a meme parody coin has surpassed a coin which was serious in its intentions for transactions made.
Bitcoin crash will die eventually and then Roger Ver will just have to start another one I would imagine.

  I couldn't stop to laugh after reading your post.  You don't know "the logic" but you "always believe in"!
Roger Ver alone will destroy Bitcoin cash and it will become a hated coin, abandoned by everyone, even the fans will left!
Nobody is using Bitcoin cash... only the tradings bots... Even the less popular altcoins like Dogecoin have more TXs than Bitcoin cash
https://bitinfocharts.com/comparison/dogecoin-transactions.html
https://bitinfocharts.com/comparison/bitcoin%20cash-transactions.html

"Tap Tap" ?

Mu_(negative)
- https://youtu.be/oSGS2Jvq3RQ

HALifax

I also rarely use this money and also little interest. But it was also enthusiastically received by the community and it was rumored that it was the bitcoin child that everyone enjoyed it and bought it in huge quantities. Rumors are faster than technology, I think.

I also have always been very skeptical about Bitcoin Cash. However, more than once I noticed that in times that are difficult for the whole market, this coin manages to maintain its positions as much as possible. As I see, Bitcoin Cash aims to overtake Ethereum to become the No.2 crypto currency.

I'm interested in whether the class action lawsuit filed against bitcoin.com and Roger Ver will have a negative effect on bitcoin cash's price.

There is an interesting paradox present where the price of bitcoin declines in a perhaps exaggerated fashion after an exchange is hacked while the price of bitcoin cash doesn't appear to move at all despite Roger Ver being sued by multiple parties upset about bitcoin.com misleading consumers wanting to purchase bitcoin into buying bitcoin cash instead. There could also be a paradox present where negative news about coinbase, bitcoin cash and others is swept under a rug and ignored while negative stories about other crypto currencies and parties is broadcasted far and wide.

Unless bitcoin cash is developing its own versions of segwit, lightning network and other bitcoin upgrades, the idea of bcc surpassing the value of bitcoin could also be a paradox.

That's why I underestimated that coin. I always thought that fork would not be as popular as the true first coin. Maybe I was wrong before. I'll probably buy myself one coin, for daily analysis of the growth and price of the coin.

Thank you For your reflections in the first post.

Herewith my (old) zero balance BTC wallet address thread;
- https://bitcointalksearch.org/topic/verifying-my-old-zero-balance-wallet-address-for-blockchain-research-etc-4630066

This wallet had no new transactions before or after the BTC / BCH fork.

Signing the same message can ofc be verified via both chains i.e.

-----BEGIN BITCOIN BTC SIGNED MESSAGE-----
I am not Satoshi Nakamoto. Are you?
42/ is the answer.
Be seeing you at The Restaurant at the End of the Universe?
0.00000000 - BitcoinFX - bitcointalk.org - July 9th, 2018
-----BEGIN SIGNATURE-----
1JXFXUBGs2ZtEDAQMdZ3tkCKo38nT2XSEp
HMoTNpmqieWmcIvF/aMTCZlLqAuYnrWuQJk45S0pXK4pFOAB/j2WBTkA5KEGSpJQTclPL3ehaTSdPpV9Ivq+lC0=
-----END BITCOIN BTC SIGNED MESSAGE-----

-----BEGIN BITCOIN BCH SIGNED MESSAGE-----
I am not Satoshi Nakamoto. Are you?
42/ is the answer.
Be seeing you at The Restaurant at the End of the Universe?
0.00000000 - BitcoinFX - bitcointalk.org - July 9th, 2018
-----BEGIN SIGNATURE-----
bitcoincash:qrqr90s84s78syjzwkyemdzeasgg6yzv0gywxdwtas
HMoTNpmqieWmcIvF/aMTCZlLqAuYnrWuQJk45S0pXK4pFOAB/j2WBTkA5KEGSpJQTclPL3ehaTSdPpV9Ivq+lC0=
-----END BITCOIN BCH SIGNED MESSAGE-----

So, (in an alternative reality?) lets discuss some impossible and improbable things ...  

I mined coins I never actually mined.
I received coins that were never actually sent.
I sent coins that were never actually sent or received.
etc.,

It is the same and at the same time it is not the same.
It is different and it is not different.
- Zen saying

- https://en.wikipedia.org/wiki/Paradox
- https://en.wikipedia.org/wiki/Paradox_of_value
- https://en.wikipedia.org/wiki/Twin_paradox
- https://en.wikipedia.org/wiki/Impossible_object
- https://en.wikipedia.org/wiki/Irresistible_force_paradox
- https://en.wikipedia.org/wiki/Mu_(negative)

What are the economic implications of this paradox to the Bitcoin eco-system ?
Hint: Probably absolutely nothing.