Is this a good time to buy BCH?

0.11 is a great entry imo, it might crash a little bit, though.

What is your stance?

Get in

Beware, this thread is full of paid bcash shills and bagholders from November.

It will steadily bleed out until Ver's next major TV appearance when it will pump, easily the most predictable coin in the market.

Short term moon kiddie detected.
BCH is in it for the long haul

sold at £500 for 0.2btc, bcash is trash

>bch in it for long haul
>we need to up block size now because the market cant wait for a better solution

There's a ton of negative PR for it. I wouldn't expect big adoption.

Lightning Network is already functional on testnet, and even being used by some daring individuals on mainnet. It's rapidly being developed by a team of developers, and being tested constantly. I believe any issues that LN may have will be resolved by the end of the year, and be ready to deploy on mainnet safely.

Once LN is widely used on mainnet, I think bitcoin cash's value will drop to almost nothing.

it is going to zero. all faux-bitcoins forked from bitcoin carrying the bitcoin name are ending at zero. don't be stupid user.

LN is a step backwards in terms of decentralization and functionality. You can't route based on the model ISPs use in an adversarial environment. There's a reason LN is 2 years late, and it won't be able to scale even close to what bigger blocks can handle.

You can believe what you want to believe and invest where you want to invest. This is a free market.

Those that do their own research, make intelligent choices, and best predict the market will be rewarded.

You'd be a fool to lump BCH in with the segwit forks of BTC. There's a reason they happened, there's a reason they don't retain their marketcap positions, and there's a reason they don't attract any fud. They are vapour built for the soul purpose of removing legitimacy from BCH, which has retained its at least top 5 mcap position for the duration of its existence. That doesn't happen by accident.

no reddit, it will not

I don't believe that LN will be ready by EOY, but I really hope it will all work out, because it would be a good thing for crypto.
But I don't thing LN will get any adoption at all, because noone has a reason to use it when you can just use normal transactions.

Well said, and I assure you my money is where my mouth is

first mistake is comparing the bcash altcoin with bitcoin. bcash is a copycat shitcoin and like all bitcoin copycats, it is headed to zero

transaction rate has nothing to do with coin value reddit poster.

What would have to happen to change your opinion on this? Just curious.

>a bit
the absolute state of paid bcash shills

Wow - even for a paid pajeet shill you're shit-tier. Go poo in the street untouchable.

like i said, ALL faux-bitcoin alt coins that borrow the bitcoin name for brand recognition (this includes bitcoin cash) are going to zero. lurkers, you've been warned. the paid bcash shiller threads that you find here are a desperate attempt to use branding to make a coin succeed. bitcoin cash is one of many bitcoin clones and they are ALL ENDING AT ZERO.

I can't predict short term price movement, but in the long term, BCH is gaining more and more investors with every pump wave.
Cashies are very confident in the project and will never go back to BTC, it's a one way road.
Also most of the miners and evangelists are ready to dump more BTC and buy BCH.

Why do you think the later forks have lost their market position while BCH has consistently stayed in the top 5?

smart-fag. tell me more how u fell when u sell u bch 300 usd

Also, care to answer ?
I'll start: I'd put my support behind the BTC fork if they decided to scale on chain in conjuction with segwit and LN. Why not have the best of all worlds? Instead, they openly admit they want layer 1 clogged in order to push people to their solutions. This, combined with the huge censorship effort in r/bitcoin and the amount of fud that BCH receives for going its own way has pushed me towards BCH.

There's numerous advantages that come with a transaction that's instantaneous and has low/no fees. It would allow it to be practical to use for real-world purchases as well.

Also it can enable a host of new applications like a completely decentralized exchange with other LN enabled coins with 0-counterparty risk. That in itself is incredibly valuable.

Change the core algorithm to cryptonight, making it unable to be ASIC mined (as well as boosting security and privacy).

Of course, that means Bitmain lose a lot of money doesn't it?

Holy shit. I just had the best idea - Bitcoin Cash Revolution! Hard fork the fucking hardfork to cryptonight (with the beefed up XMR privacy features), maybe add in an EVM compatible virtual machine and staking! All the major cryptonight pools will lap it up. Then I'll pay my own army of pajeet to poo in all the cashie threads!

Kek, ok that's going on the TODO list.

What's wrong with things being ASIC mined? Any algorithm, including ones with high memory usage, can have an ASIC built for them. It's literally just hardware that is efficient at doing a specific algorithm, any algorithm is written in code, any code runs on hardware.

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In my view, ASICs will always happen, and to try to play whack-a-mole as they come about is counter to a free market system, which is exactly what cryptocurrency was built to encourage.

Fine actually - I bought some great deals. Increased my Eth stack, got a nice pump and dump on XRP, grabbed some ADA for long term holding....what else? Can't even remember. Some Req and Link too I think. Made way more than if I'd held your shitcoin anyway - that did what, a x3? Think I've done much more than that even in the Bear market.

Yeah, so thanks for the free money Bitmain!

congrats wanker.now fuck off back to bitcuck

I guess the argument is that ASIC coins make it more centralized (when it becomes infeasible for the average user with a GPU to mine coins)

Most people with technical backgrounds I know are pro-LN, but all the moonbois and people who worship smooth-talking Chad used car salesmen are pro-bcash.

Why is this?

btrash is going to 0. People already realized that it's a scam fork that only offers increased block size over BTC.

Kek, encouraging a centralized monopoly in a communist shithole is pro-free market. My sides!

XMR has no issue with changing the algo. Hell, even all the little cryptonight coins like Turtlecoin have forked already - they're designed to make it easy to fuck with your bosses.

What I like is the early rumblings from inside Grandaddy BTC of the same idea. The butthurt of wailing ASIC miners will be sweet music to my ears if they do that.

That's true, of course. In my view, it's okay if huge data centers are mining a coin, and that companies compete against each other in building bigger, better, more efficient mining centers. To me, that's the point. Competition breeds decentralization.

I'd argue against that point, there are many many technical people behind BCH. What I've noticed is the anti BCH, pro LN people seem to want to ignore basic economics, demonize anything even smelling corporate or business related, and generally have very socialist views about society. You can be a technical genius but if you're communist deep down, you're going to make real world decisions that don't align with the reality of the world.

It has all to do with it

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Actually no - you're right kek. Since I'm a small scale GPU miner, maybe it's time to upgrade.

I might wait until Samsung release their miner though. beta.techcrunch.com/2018/01/31/samsung-confirms-asic-chips/

I have solar power already - I can use that to mine profitably. Yep, can't WAIT for those Samsung miners! Korean tech is always much better.

ITT deluded Core supporters who can't understand the mathematical proof that LN is insufficient as a scaling solution

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Early innovators always have a monopoly off the bat, and Jihan was definitely an early innovator, but we already see now that competitors are coming out. History has shown that when Governments try to break up big companies that supposedly have a monopoly, by the time they even get to it the market share of those companies is greatly reduced by natural competition. Changing POW to something ASIC resistant doesn't solve the problem, it pushes it back, it's playing whack-a-mole against human nature, whereas if you just let human nature play out, it decentralizes and optimizes all by itself.

More centralization = less centralization. Much doublespeak!

typical reddit poster, wonder why he's here... hmm

look at these fucking redditiors. desperation

Well, look at Apple, they used to have 100% of the smartphone space. What happened? Competition happened, now you have hundreds and hundreds of different types of smart phones from many different companies, because smartphones have proven to be a profitable venture.

Mining is also a profitable venture, so you can bet anything there are companies working on their own mining hardware with their own innovations, and Samsung and Halong already said they are. That's just on the company front, nothing is stopping you from purchasing an Antminer and mining with a pool that competes with Antpool.

Still waiting for your response to

bought bch a 290, sell 1800, rebuy 1000, sell a 3700, rebuy again an 850 and I fell great!

>transaction speed is only 15 minutes faster than buttcorn

lol.

>I believe any issues that LN may have will be resolved by the end of the year, and be ready to deploy on mainnet safely.
Oh yeah? Well then how on earth are they going to solve the routing problem? Its a classic traveling salesman problem, and that's been used as the example of an NP hard problem in computing since the beginning of time. Just so you know NP hard problems have no equation to solve them. So how are they going to solve an unsolvable problem in one year?

It will test ฿0 for the rest of its life.

Economies of scale don't equal centralization you left wing communist cuck. Centralization requires power over others. By definition as a competitive environment the mining of Bitcoin cannot be centralized. However, when the Bitcoin Segwit side's developers unilaterally decided they wouldn't raise block size and thus limited node hardware to desktop computers rather than letting industrial hardware compete they centralized the nodes of Bitcoin Segwit. Centralization =/= Economies of Scale. This board is so left wing its ridiculous.

No there isn't. All negativity towards BCH rises from BlockStream and Charlie the shill insecurity. BCH is superior to BTC and LTC in every way.

>is this a good time to buy a literal scam?

Link tier shill thread. I wish I had dumped my fork coins above .2

If you put actual money into this shit you're a retard

This must be why almost all the old-timers like Gavin and Satoshi (Craig) develop BCH instead of BTC

Exactly this.

These guys haven't a fucking clue, they hold *some* BTC and don't want it to lose value but smart money knows that LN is just regulation in disguise and Bitcoin doesn't involve Segwit or such nonsense.

which conference are we talking about here?

Buy btcp instead

Just wait for Satoshi's keynote on Sunday

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I googled it and came up with a picture of this baboon, doesn't strike me with confidence desu.

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>let me tell you what this (probably not even Chinese) Chinese mans vision was for this tech.
Fuck off this shit is like one step up from the faggots trying to sell you crypto courses on facebook, only difference on this, is you have to actually be there and it probably costs atleast 5x more

Salty core cuck detected. You do understand that BlockStream is already dead? It's just a countdown to Craig having access to the Tulip trust. He's going to dump all that BTC for BCH and he's right doing it because core cucks took a massive shit on his work

operation dragonslayer wasnt a flippening op. It was a coordinated mass sell off of both BTC and BCH creating a bear market and 0 confidence in BTC. After the smoke clears Bcash is going to flip the switch and be the currency of BTC.

"better" is relative

not everyone wants to lock up their BTC in a channel

the usability of LN is questionable - some people will like it, some people won't

>mfw the war is already won

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I'm a software engineer and I think BCH will pump when Bitcoin has a lot of transactions again

There is an economical incentive to use BCH when transaction fees are on the rise

>mfw the battle is lost but the war is already won

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That's actually the reason all alts pumped in the first place. Fees got too high, too many constraints were placed on the system, innovation and demand went elsewhere.

That argument is dumb tho because anyone can buy an asic and mine it. The asic resistance meme is just that - a meme. A coin with asics is more secure than one without.

shoo pajeet core shill

As of right now, any problem Bitcoin has, BCH also has since it is basically just a clone.

its instant on BCH you worthless corecuck.

>Bitcoin has a problem of only having 1MB blocks
>BCH also has it even though it has 8MB blocks

literal state of Veeky Forums

Paired with the fact that you actually have to take a risk and buy the asic, the asic that is only good for that one thing. It's a risk and an investment. If you're constantly changing algos in order to play whack-a-mole to avoid production of asics, it incentivizes bot nets of CPUs. Basically thieving of computational power becomes the best way to make money in that scheme. Someone who spreads malware to infect CPUs to mine for him is not taking a financial risk, he's not investing. The more you think about it, the more and more ridiculous these anti asic claims seem to get, and how they speak to a very socialist view of thinking.

It ain't gonna be pretty but boy am I glad I'm not a fucking idiot and can understand basic maths and logic which prove BCH is Bitcoin and Segwit and LN will never scale and are not Bitcoin

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Your logic is so glorious.
Whe then majority use bitcoin and not BCH ? In reality we see BTC is real bitcoin with improvements and scalability solution you just dont understand.
Take deep breath and just accept it. Bitmain try hard to promote their fork with Roger but it will never be bitcoin ok ?

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NP hard doesn’t mean unsolvable. It just means that an algorithm doesn’t solve the problem in polynomial time (instead is in expontential time) so is unscalable to the extreme.

But they know this of course. And you can still solve a NP-hard problem satisfactorily if you don’t have many elements (limit exponential growth of algorithm). So their plan is a few mega hubs, so an easy routing problem

your days are numbered core shill. they arent going to be paying your checks when BCH takes over.

Am I a brainlet or is BCH manifestly and objectively superior to BTC in literally every single way?

Honestly, BCH haters just say "it's a scam" or "it's a shitcoin". Meaningless.

I don't have any BCH these days, just BTC and shitcoins, but honestly BTC is shit compared to BCH, surely?

SURELY?

I don't get it why everybody hates bch even though it has active devs, many people backing it and lower fees and transaction time than btc.
Is this hate caused by roger?

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i am not shilling anything, i am just stating obvious that BCH fanboys have issue to percept reality. Its not so hard to rotate bitcoin logo and make simple fork.

The majority DONT use Bitcoin they are fucking retards who HODL Bitcoin Segwit hoping that one day through mass adoption (fat chance due to unavailability and high on chain fees) it'll make them rich.

Bitcoin P2P Cash is made to be SPENDL'd and now with Bitpay integration it can be and it will, and everyone plans to RELOADL and guess what happened then? Holdings become more valuable, and you don't need to ever cash out or be taxed because you can just spend the Bitcoin.

You are really dumb and so is anyone holding Bitcoin Segwit with its retard Banker compromised Devs.

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*Unscalability

Didnt blockstream come out and say overt asicboost was ok but covert asicboost is bad? I thought they were against asicboost altogether

Just wait til the onchain smart contracts start working after May and it starts taking ETH marketshare core fanboys and all the shills will literally have no fucking arguments left.
Blockstream are an AXA backed company with **no revenue stream** who are anti-finanical-industry-disruption.
They are liars and they have crushed Bitcoins market share and usability with archaic nonsensical block size limits and RBF. They are not to be trusted. Even a montessory school kid could tell you that when given the facts.

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Anytime is a good buy for BCH, as long as you do it before the conference in a couple weeks.

A little after or during the conference there will be massive BTC dumps with that money flowing into BCH. The BCH guys aren't fucking around anymore.

>Big announcements during conference (BCH smart contracts, 32mb block upgrade, privacy, extension blocks etc)
>Makes every other coin completely fucking worthless, even Ethereum
>The BCH camp moves some coins from Satoshi's original wallet during conference
>BCH camp claims that Satoshi supports BCH, or else how would they have his keys?
>Massive BTC dumps, money flows into BCH
>Hashing power switches to BCH
>BCH claims 75% dominance in short period, with 90% dominance by EOY 2018
>You retards stay poor because you didn't listen to me and go back to your part-time job at Zumiez

1) NP hard doesn't mean unsolvable, it just means you need to brute force every possible solution.
2) There are many algorithms that compute NP hard problems with reasonably accurate solutions - these are usually 95%+ "good enough" compared to the optimal solution.
3) LN routing isn't a traveling salesman problem.
4) LN routing is a shortest path problem, and there are plenty of algorithms already that have solved it in polynomial time.
5) LN routing has never been a problem, it uses the same standard routing algorithms as internet/telecom routing.

>>The BCH camp moves some coins from Satoshi's original wallet during conference

heh I wish, but that would violate the terms of the Tulip Trust. so unless that trust is null and void now I don't see it happening before 2020

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Wtf u talking about How they should use it ? We used bitcoin when was cheap , some guys buy pizza for it and instant regret it. Peoples realized the dont need to have their stupid 5$ transaction inprinted in world wide ledger. It just pure bullshit. Thats the reasone why higher layer scalability was proposed an implemented. its not so hard to understand.