Looking for a serious discussion. No bag holders, shills, or fudsters please

You're the first shill to show up. Get the fuck out of my thread. We're having a serious discussion here.

ooh pretty colors

Oh and I should add that if the difficulty hadn't adjusted back at almost the worst time, BCH pump might have stuck. But it isn't like it has dumped it is still at the all time high price from just 2-3 days ago.

But X2 was cancelled

But it looks like the issue is solving itself no? The peak seems to have been over the weekend. Do you really expect them to try it again?

first pump is to put the floor higher

My guess is the it will bleed slowly for about a week. In that time Bitcoin will rise and everything will seem fine. This is good too if you want to eventually dump expensive bitcoin for cheap BCH. I think support around 1000 is when I will look to get back in and the difficulty adjustment stabilizes. Hopefully btc is at 8000 as well so they can fomo bch even higher.

This is a chess game

Can someone do the math and tell me how much the price would move on say bitfinex if Roger dropped the whole 25k BTC he transferred there? That's 162 million dollars or so. I read somewhere else it would take it to $10 or so. Does that sound plausible? What would happen if he did that? Pure pandemonium? Or would it just correct up again rapidly?

if Bithumb didn't crash that night, BCH might have landed the killing blow right then and there. it blew past .5 on finex right before the Koreans shit the bed. this tells me that there is significant strength backing BCH and they're going to inevitably try again, and from an even better position now that the upgrade was successfully activated

I'm so proud of you /biz. I was starting to think /biz only had shill, larp, or wojack threads. Having a serious discussion brings tears to my eyes.

I too think that the last weapons aren't fired yet. Only thing which scares me is that we discuss about Cash's weapons but don't know about core`s ones, besides selling

That's why whales don't dump all at once. They have to accumulate gradually. Why do you think BCC keeps getting bought around 0.18 right now?

I'm unsure on the technical details of how this happened, but if it was someone with malicious intent it certainly could be done again.
the fact that someone can clog up bitcoins transactions for days is pretty scary

Yeah you have to take into account that they have elite backers and probably hackers that can attack as we already saw. Also, if they announce bigger blocks like 2mb or lightning network, this could change.

But doesn't BTC also have their own elite backing their own horse?

a shitcoin like all others. claiming "it's faster" have been used for 3 years now for shitcoins, that's not a winning argument certainly. nobody gives a shit, btc is fast enough already and will be even faster.

there is no way any of these shitcoins overcome the one and only btc

Read this for an Oracle's take on how this will transpire -- note the date this was posted (July 30th):
pastebin.com/n0aGBMQr

cash gonna destroy core
I own none of them.

already dropped those bags on newfags(BTC at 7300,BCH 2000), you gonna get destroyed if you bought any BTC above 4k$

I own none because my secret shitcoin is gonna moon X100 so I don't give a shit about X4 from the flippering

screencap this

Looking at the current orderbook on bitfinex it would bring the price up to 2250

There are about 820k BCH ready to be fired upon exchanges and to be dumped at once. If you know the right .onion you'd know that. There are some very rich people with over 50k btc and they won't let Bitcoin die.

I guess the btc guys know it too, the 10k btc buywall at .1 isn't there anymore, they know they'll get eaten alive

Get the fuck out of my thread. Serious discussions only.

BCH won't be king until it has their own trade pairs.

Core can't do anything except hardfork POW to save themselves, this will alienate their miners and hasten BTCs death unless they've already chosen a new POW secretly with slushpool and bitfury so they can build new optimised mining hardware.

Even if they do hardfork POW most of the value will switch to BCH.

Honestly over the medium to long term BTC is completely fucked, it could be dead by next week if the whales do some magic soon.

I'm 100% in BCH and not worried at all, BCH is far less risky than BTC IMO.

Also I'm interested in time frame. I'm not interested in some long drawn out shit where they slowly gain organic granola adoption and get a 2x increase in price in like a year and we marvel at each tiny new place that accepts BCH. That isn't that useful to us as crypto investors because normal crypto gains can blow that out of the water (Bitcoin is at like a 7x for the year). I think the only reason you would invest in BCH is if it can really overtake bitcoin and do so in a pretty rapid fashion like we saw last weekend. If Roger and crew have the balls to do something like last weekend again soon, I'm all in.

Yes I was talking about Bitcoin Core having elite backers. Bitcoin Cash has more crypto people with large pockets as backers, not banksters.

o rly?

bitcoin2x.org/

That's the thing though. I think they're done. If I were them I'm not sure why they'd think a second try would work. With all of the bag holders they created it'll be much harder.

Bch is less risky right. When I trade bch I do it for usdt cause BTC feels like it could die any moment.
Do you get this feeling too? Seeing BTC and get this one Kennedy meme in your head?

Btw. Bitcoin just triple topped. Couldn't get through it. TA says this is the end

If youre confident BCH will go up then you can double youre money by using the BTC/BCH pair. Theyre inversly related

But why did the first one fail? Was it going to fail if Bithumb hadn't died? I don't know the answer to that. We didn't get a long enough set of data points.

I don't think they are even close to out of money though, so I can't see why they wouldn't try again. And this time Roger spread his BTC to many different exchanges, we can see by following the transactions.

I'm sure it'll just correct and bounce up at some point.

Well... you do have a point. He could just be waiting for BTC show weakness. I feel that we're just going to have a long drawn out downtrend though.

You also have to consider that the drop from 2800 to 1250 cost a lot of money for the BTC crowd to pull off. Now BCH holders can accumulate at a cheaper price

I legit don't follow the flippening but here's my understanding, which is limited, people chip in and tell me how retarded I am and if I'm even looking at the key points:

- 8mb blocks are an issue to core cucks because it will risk centralisation to places with the machinery and internet access required to mine

- bcash cucks think 8mb is better than LN because LN you end up getting centralised hubs anyway? For some reason they believe onchain 8mb is better than offchain LN? IDK.

- bcash doesn't have RBF, which means with the 8mb blocks, and the fact 0 confirmation transactions are actually safer than in core, it means small amounts can be trusted from the mempool meaning it's even faster for smaller shit

- bcash team pales in comparison, roger ver is accepted as a gayboy amongst scholars of the field, Vitalik is pro CP & perhaps bcash

So obviously a lot of that is possibly wrong, can people correct my stupidity. Also, will 8mb blocks be sufficient to actually scale? I feel like it's a temporary solution which comes with downsides.

RALLY IS STARTING

Think so too just bought more bch. Once in a lifetime opportunity

Do you remember where you read that?

That's just because you had a reduction of mining power + user demand to transact it.

t. corecuck

>yfw

Get the fuck out of my thread. No shills.

You can run a BCH node on a raspberry pi right now but not a BTC one because of the size of the mempool.

The way i see it is the centralization issue will be a problem in a few years but right now BCH is a good fix for the current problem. We cant afford to wait for lightning network right now.

Also, the (((owners))) of Blockstream all held positions in various financial institutions in the US including the world bank.

Thats my shilling done

If it was going to happen on that night it will happen eventually.

BCH's big backers have shown that they've got the ability to make a move on BTC and cause chaos, but then the other side must have the same. Who knows what's gonna happen. For now I'll hold both equally.

BTC's speed and cost has been an issue for years. My friend wanted to send £15 earlier and would have had to pay £8 in fees. Obviously that's not normal, but even half of that is simply not viable.

its all about fundamentals. if you believe in the future of big blocks go for it. i personally like small blocks and believe thats the future with offchain scaling. i dont think big blocks solves scaling. i believe it make it more centralized and either way eventually double or triple or even 10x the block size wont help. so offchain will still be needed. and by then 10x will make it way more centralized, plus bcash is for asicboost antminers to have grounds and not have their asicboost get removed. i personally dont agree with it. but its all about fundamentals and what you believe the future will be. dont look at politics dont look at the devs dont look at that just look at fundamentals and see what u think is the best for the future. the best code and rules will prevail. btc used to be 100$ but i believe in the future so now its 5k. so dont worry about the price. its more about the fundamentals behind it. i like ethereum and i like the decentralized network of apps being built on it. so im invested in it. i could care less about vitaliks tweets or the drama. its the fundamentals that the market rejects or agrees with. ur trades should be based on fundamentals and not pumps, any shitcoin worth nothing gets pumped.

it was a poster on bitcoinmarkets and they are very supportive of BTC so I don't think they were just making up numbers, they were genuinely scared.

Serious question to you all; I am looking into starting with cryptocurrency, what would you guys say are value buys at the moment? Or good investments? Is bitcoin (btc) still worth it? I am only new to this all so any serious help would be great.

Make your own thread. This is about BCash and BTC. Fuck off.

Fuck you, bitch bastird. Oracle is a real problem.

HOLD fiat until this all resolves

and with this full belly of kek I'm off to bed. Thanks, Pajeet.

I don't think BCH is done. You don't pull off maybe the greatest pump of all time and then just disappear into the wind.

My theory: there's a black swan event coming that only a few know about. This will weaken BTC and send it dipping. That's when Ver and Co jump back into the fray and dump BTC/pump BCH and twist the knife. Event can be anything but I'm just gonna go out there and say it's going to be BCH trading being added to Coinbase in the coming days.

Perhaps the best answer we have right now to what will happen.

Here's a question, 8mb blocks now solve the network congestion and help reduce transaction times & fees, but for how long will it continue to do so? Isn't this more of hack instead of a permanent fix? Currently I don't support neither chains because core = AXA, Bilderberg etc and cash = greedy miners.

This was just the beginning.
Test the waters.
To see how the enemy reacts.
Next time there will be zero mercy.
Everything torn to pieces.
Eviscerated and mauled by Jihan.

I thought coinbase had said this would be Q1 2018?

First point yes
Second point basically yes
Third point yes
Fourth point not really since the development is truly decentralized. The best ideas determined by multiple unbiased third parties wins.
Lookup technologies like graphene, there are many onchain scaling solutions that are being explored.

Look up Bitcoin Graphene friend, big blocks + onchain scaling is the future (coupled with low fees and near instant transactions of course)

The weekend rally set precedence to BCH, when Bitcoin dips you can be certain that money will move back to BCH and vice versa. BCH is the inverse of BTC

zzz all the paid shills calling Bitcoin Cash bcash, I thought we were having a discussion but no I'm arguing with paid trolls again.

I'm out

Pure technical facts:
- Once the new difficulty adjustment stabilizes BCH to 10min/block on average (another day or so) BCH users will no longer care how many miners are mining it - users will be unaffected and will send transactions happily whether few or many miners are mining.
- If the BCH price ever increases and the BTC price does not also increase, a few miners (if they like more profit) will switch to BCH.
- Every miner that leaves BTC will cause BTC to become slower.
- The slower BTC becomes the faster the transaction mempool increases.
- The faster the mempool increases the faster fees will rise.
- The more fees rise the more people will be unable to use their BTC until the fees go back down (if they do)
- If BCH has a massive price rise like this weekend miners will massively switch over, causing the above to happen quickly.

As of aug. 30 they said withdrawals will be enabled January 1, 2018. And they left open the possibility of opening a full market ( "if this changes, we will notify all customers with an update e-mail"). Maybe this email is coming.

I have a feeling coinbase will list bcc on the 1st of January.

They may open it then but just an email saying they plan to do that will set this market on fire.

Pretty spot on so far...

The ceo of coinbase has definitely been hinting on twitter

From what I have read the fears about 8 mb blocks and higher "taking up too much space" is mostly nonsense and misdirection used for political gain and manipulation. The whole bitcoin blockchain size from the beginning of time to now is like only 140gb. blockchain.info/charts/blocks-size

backblaze.com/blog/hard-drive-cost-per-gigabyte/ shows how the price per gig changes with time

You can buy 4 Tb drives now for $99 and we can expect storage capabilities to increase for quite some time.

Can you post source of this?

This is a very good and impartial summary of how I understand things to be right now as well.

The only way I see BTC getting around this issue is a hard fork to code in variable difficulty like BCH. But they have been very resistant to any changes at all so that seems very unlikely. They are almost religious in their belief in no change and may go down with the ship rather than change.

imgoat.com/uploads/6f041e16a6/57370.PNG

Oh shit, nice. Thank you user!

Congrats on this. Seriously.

perfect time to buy bitcoin cash before the moon.

It's hit its bottom.

...

Was also thinking this.

- During the last few days, Roger and big block whales have been moving large amounts of BTC across different exchanges.

- When BCH price spikes, miners will leave BTC because of profitability

It all adds up, but when will it happen?

Be careful out there guys!

Wasn't this thread supposed to be shill-free?

No clue what Im doing here but trying to buy some coins. How do I change a prepaid visa or mastercard into coins without giving some cunt website my personal information?

sign up for bittrex and buy some BCH

What about the unlikely but not impossible situation where core announces a hard fork to bigger blocks. That would kill BCH

bitcoin is ripe for a nice dip and they will just build on that downward momentum.

Then big block supporters win again.

30% BTC
30% ETH
20% BCH
20% ALTS

I feel pretty comfy right now, the next few days are gonna be interesting for sure. I pretty much traded my BTC close to the ATH for ETH so I'm not too worried.

Ive been told I should buy eth or ltc, preferably ltc and then exchange that into bch. Problem is jewbase wants your personal information from what I gather. I can just throw a prepaid visa on bittrex and buy bch with it?

BCH will be able to adapt faster to hashrate changes now.
Core is still stuck with their long ass window.

Everyone on here is talking about this pump and dump, but that shit doesn't matter.
Before the S2X cancellation, BCH was at $630, now it's up above $1000. Who cares about the spike.

>8mb blocks are an issue to core cucks because it will risk centralisation to places with the machinery and internet access required to mine
Yes, and the critics also point out this conflict of interest:
congestion is needed in order for Blockstream to make maximum profits (Create a problem and offer a paid solution)
before creation of BS the same guys were not against bigger blocks

>I feel like it's a temporary solution which comes with downsides.
Yeah, but at this point it seems that the upsides outweigh the downsides until a better scaling solution is ready

big block supporters don't support big blocks as much as they just want the core developers out of the way.

>Willing to fomo
Lol you wish. I bought bch at .12 when i figured what was going on and repeatedly sold and bought back in until it finally imploded at .42. I never trusted bch for a second, i was in for the easy btc gains ver and co were so kind to provide.
Thanks cashcucks, don't worry though, i'll put your money to good use. I've already fucked a $1k escort to celebrate.

True, but all in BCH holders lose

I mean down the line for BCH to be a serious day-to-day digital currency they're gonna need more than 8MB, which means to increase the block size again. I know it's in Satoshi's whitepaper, but it's not fucking feasible as you increase the block size for smaller people to keep up