everyone thinks btc will keep going up forever with minor dips
bitcoin cash is on the decline despite better mining rewards and faster transactions (am miner for both btc and bch)
when people think something is definitely going to happen they often get wojacked
is this an obvious bull trap for btc and bear trap for bch? what am i missing here? muh coinbase normies saving the day? muh hedge funds futures btfo blah blah barf? can someone with more than 2 brain cells please weigh in?
Other urls found in this thread:
bitinfocharts.com
youtube.com
twitter.com
It all depends on how soon the lightning network rolls out and how good/bad it is. My best guess - it's bullshit and will ruin BTC; BCH is the better long-term hold. Short run, anything can happen because BTC is in mania phase with tethers flying off the printing press.
until crypto is actually used the price is based on speculation. BTCs price action is evidence this entire market is a bubble. The fucked up thing is I can see btc being over 500k early next year. There's no reason it should've continued to grow past august 1st but it has so maybe will keep to its trend line
bch will win in the end but it might be .03 before it starts
BCH is holding fine against the BTC push. No one is selling save for a few whales that were expected to sell.
ny the time crypto enters common daily use, if it does that is, bch will be long dead and new contenders will have arisen to take the #1, #2 and #3 spot. jihan and roger will dump this pos in a year of two if they cant do the flipening or if ppl keep dumping this shit.
That one exchange that decided to sell all its users BCH has been dumping 300k BCH for a while. Apparently 25k got dumped just today. I am sure that has been suppressing BCH a lot.
i think this shit will pump to 0.15 the next time it does.
5 years, 1 billion users
Think forbes article, "Why BCH is Outperforming BTC"
They're gonna use the BCH fund to fund these types of things without being directly involved
who is they?
If you want utility, both BTC and BCH are warmed over cat shit. At least you can buy drugs with Bitcoin so 12x
no technology is patentable in crypto the only thing that is scarce is the proof work which btc (now bch) has the most
the entire alt market was created by the artificial constriction of btc
Roger Ver designed BCH to feed from BTC the slower it gets. I'm not saying that BTC will crash, but I definitely think BCH has more potential than BTC. Satoshi and Gavin originally planned for the block size to change, but core encouraged him to leave a hard block limit in for now.
bcash taking Bitcoin's spot is the last thing you'd want to happen. Nobody would ever trust a coin as a long term store of value again. Crypto would be over.
But it won't happen. Bitcoin's entire value is in its decentralization. bcash is a centralized shitcoin, just like most of the others.
Let me guess. Blockstream? Yeah, Blockstream people do NOT make up the majority of Bitcoin's devs. Stop shilling.
Not only will bcash die, but there will come a day when the vast, vast majority of alts have died, due to people having caught on to ICO scams and all the important features of the few best alt coins being incorporated into Bitcoin.
At best, a couple of coins stick around for the sake of transaction speed. But no others will have value.
BCH is only dropping because Xapo is or has dumped 40,000 BCH on the market in the last 24 hours. It's getting absorbed and the price is gearing up for a rise.
In fact Xapo's wallet is now only holding 2500 BCH (down from 600,000), they have sold everything - expect BCH to start mooning very soon, the only reason it hasn't is because of intense selling pressure from fucking idiot BTC maximalists
>monster buy wall at 0.1
>BCC trading at 0.11
>BTC ATH
Only the full retards are buying BTC now and not BCC.
Even if you're buying an alt dip you know it won't get pumped hard as BCC will be when BTC will tank or will lose its momentum.
why are they selling though? are they retarded or do they know something?
I think BCH will have a shot if BTC continues to refuse to scale, or does it poorly. If that drags on though other coins are also fast and cheap like LTC ... why would BCH necessarily be number one?
LTC is only fast and cheap because it has 4x the capacity with 2.5 minute blocks. LTC scaling solutions are just the same as BTC.... If LTC had any kind of real load put on it it would crumble.
The ceo of Xapo is a beaner BTC maximalist, like a lot of business owners in the crypto arena they aren't typically very bright, just lucky.
As said beaner is a dumbarse and BTC maximalist he forced all users of the Xapo platform to either sell or remove BCH before December 8 or some similar date at which all remaining BCH will be automatically sold for BTC and credited to their account holders.
Similar story with the Bitmex exchange, there are other buffoons but at the end of the day no there is nothing they know that we don't, they are just not very intelligent people just curiously lucky for investing early.
The smart money did not sell their BCH and the smarter money bought the lows (and continues to buy such as this person/entity: bitinfocharts.com
You should also remember Roger Ver owns bitcoin.com, this site ranks higher than any other crypto website and is extremely pro-BCH, along with the Bitcoin.com wallet this will drive adoption of BCH and there is quite literally nothing BTC maximalists and blockstream propagandists can do about it.
Everyone knows (((they))) are getting ready to develop and pump Bitcoin Gold. Every press release in the last 24 wours contains the words "new" "bitcoin" and "gold". They have to signal what they are going to do. It is Their Law.
>Blockstream people do NOT make up the majority of Bitcoin's devs
They're the only ones with commit approval.
>Roger Ver designed
What the fuck...
Bitcoin doesn't have a store of value because people don't use it as such. They only intend to use it to make money. Bitcoin is decentralized in name only. It's irrelevant how many people are using or mining because the decision-making isn't democratic.
Have you seen CSW talk about all of the tech they are bringing to BCH? Smart wallets with safer and more user friendly private keys and on-chain smart contracts for equities markets. Also using their connections to get BCH support for gaming/casino/porn industries soon.
I'm pretty sure BCH takes over BTC in 2018 and we get to buy it for a little over 1k today.
you dumb nigger, ethereum is literally proving right now that big blocks dont work
it has a dynamic block size and is getting absoultely fucked right now by internet cats
Literally happening.
This.
And its being added to Coinbase by January 1st.
>Crypto would be over.
The "crytpo would be over" stuff is the biggest strawmeme. Crypto will always exist as long as there are central banks. Satoshi didn't start this shit so normies could speculate themselves into a millionaire ponzi scheme
this, it's good if crypto again becomes a currency rather than an overvalued get rich quick "store of value". I prefer to see healthier growth with more adoption.
Hey "dumb nigger" ethereum has a maximum blocksize based on gas price. It hit it's maximum blocksize now and is congested.
its congested by fucking CATS you retard
you cant just say" lel lets make it bigger"
every fucking time a new cat comes out
you need to make it so its optimized to the point where you can have more than just fucking CATS on your blockchain
ETH gets segwit by Q3 2018, screencap this
It has a bit of a leg up on most other would-be contenders for #1 marketcap in that most pre-Btc holders already own Bch, and the infrastructure, name branding and functionality is already there for merchant adoption. It has a lot of backing from the oldschool bitcoin evangelists, back when btc wasn't a jew coin
>you cant just say" lel lets make it bigger"
Why not? You think these ASIC farms with 100million in hardware cant afford 1000 Terabyte disk space? They can.
inb4 users should be able to run full node on their rasberry pi
1. ETH is not a currency
2. BCH will reenable Opcodes making the entire ETH network redundant as smart contracts will be built on top of BCH
3. You are a dumbarse
Yes he's mentioned a lot of stuff and I am very bullish because of it, especially now that he displayed all the qualifications he said he had to shut down FUDers the other day. Nchain has gathered a lot of patents and intends to only licence them to BCH (for free) while blocking access for rivals, extremely encouraging news.
>especially now that he displayed all the qualifications he said he had to shut down FUDers the other day.
could you elaborate?
Iota will replace this.
youtube.com
Blockstream has been slandering Craig Wright for years and Craig being a private person didn't want to provide evidence of his academic achievements until very recently.
The pathetic host of the event was attacking him for 15 minutes so he literally had a wheelbarrow of his qualifications rolled out on stage.
These are good points anons. Isn't BCH also stuck in the same scaling problem though? Any of these are going to have to have a massive block size eventually to work smoothly.
BCH is committed to massive on-chain scaling, look up Bitcoin Graphene. Within a few years BCH will have gigabyte blocks (which requires much less bandwidth to actually send the data).
Also BCH currently has 8MB blocks (soon to be increased to 32MB), there is no scaling problem for BCH at the moment and provided Graphene gets rolled out in a timely manner there will never be a scaling bottleneck.
>>Craig Wright
HAHAHAHAHA. Retard.
Not an argument, Mr paid shill.
I have a CS degree from a top 10 university in the states and Craig Wright makes me feel stupid. Glad to be backing his tech.
iota - 3 trillion coins
>Developer (1 guy) can set balances to 0 and reset transactions
>No blockchain
>No work to secure transactions
>No code
>No developers
>10 billion dollar market cap
I completly agree with you.
yes CSW (satoshi himself) will help take back the true bitcoin chain from blockstream (the bankers) using his patents. Really cutting edge stuff for sure. Have you seen the roadmap? Dude, it's going to be awesome.
The whitepaper says CASH in the title, BCH has CASH in the name, BITCOIN CASH IS BITCOIN. I don't understand why people are confused, it is so simple. You increase the block size, you get more scale. None of that segshit or 2-layer BS. The shills keep telling me stuff about O(n^2) but I have a 512GB ssd for my phone so my body is ready (lol).
BCH has Roger Ver (bitcoin.com jesus, look it up), CSW (satoshi), Calvin Ayre (tech visionary). 6 different teams working simultaneously. The roadmap is UNREAL. That's why I participated in the grassroots BCH fund. BTC shills BTFO
Well damn, who’s wallet is that? I’ve been thinking of buying some but keep telling myself it’s going to drop by 25% any day now.
>512 GB ssd for phone
This is proof that the popularity of crypto has nothing to do with the tech, the people behind it, or the "vision".
BCash is for retarded newfags
No pajeet you can't have any. The only dump you're going to get is on the DESIGNATED street.