Reddit Posts
Need advice on cashing out crypto to canadian dollars
Unveiling the Challenges of Lightning Network: What Bitcoin Enthusiasts Don't Share about it.
CashTokens stablecoin mUSD: Exploring Decentralized Stable Asset Protocols.
Your contribution is needed to fund the advancement of the recently developed BCH<>XMR atomic swap implementation
The only Cryptocurrency’s that will matter are from the early days - BTC, LTC, BCH, ETH
The case for Litecoin as one of the next approved Crypto ETFs in the US
Bonk Cash | Safu and Audit| Renounce after launch | Inspired by Most Talked About Meme Coin | Presale is live | Get in early!
Altcoin season about to happen! The ETF approval was already price in for number one coin, but now the road is open for ETF's for other coins.
Altcoin season about to happen! The ETF approval was already price in for BTC, but now the road is open for ETF's for other coins.
Between Anyhedge, Cauldron Dex, and Thorchain, BitcoinCash is now #92 in TVL on DeFi Llama
BCH overtakes Litecoin marketcap. Is BTC next?
Thanks to CEX delisting, we have now at least 3 atomic swap implementations for Monero.
Assuage my fears: How does Bitcoin avoid becoming inaccessible to the average person?
The BCH community has created an onchain platform where you sell your BCH upside potential for a fee and receive downside protection as well (covered call with downside protection basically). APR a few days ago was 42% today its 21%
🎮 BCH.GAMES: Play Your Way to Crypto Riches - Unleash the Money in Your Games! 💰🚀
🎮 BCH.GAMES: Play, Win, Crypto Begin! 💰🚀
Cake Wallet displaying the correct address for a transfer, but the block explorer displaying a different unknown address
Could Litecoin fill the gap? BTC fees, Lightning Network, and the need for a solid crypto asset for both spending and saving.
BitPay has been doing crypto payments since 2011. One coin has always led in their stats. Today they declared a new king of payments for the first time ever.
Tremendous arbitrage opportunity for professional traders on the BCHG fund. Pro traders can hedge and pocket the huge arbitrage premium. Subject to risks of course.
🎰 BCH.GAMES: Play, Win, Earn Crypto - A Gaming Odyssey to Financial Freedom! 🚀💸
For the 2nd time in history, BTC's tx share has been exceeded on the world's leading crypto payment processor. By the same altcoin.
🎰 BCH.GAMES: Play, Win, and Earn Crypto - A Gaming Revolution! 🚀💰
Coinbase Announces MATIC And Bitcoin Cash (BCH) Perpetuals for NASDAQ:COIN by DEXWireNews
What crypto do you believe would be the next to have an ETF if Bitcoin and Ethereum are both approved?
how to convert a very small ammount of Bitcoin Cash BCH to 5 euros
BCH was an early indicator that the bear market was over in June. After almost half a year of consolidation it is ready to go higher.
Questions regarding Ballet Cold Storage Wallet Cards, Next Bullrun, and BTC transaction speeds
XMR and BCH are the only cryptocurrencies that are actually useful. Change my mind.
Biggest Movers: BCH, SOL Big Gainers Following Cointelegraph’s ‘Inaccurate’ Tweet
Decoding Bull Runs: A Comparative Analysis of Top 10 Cryptos in Historical Surges
Frustrating. Can’t Even Close One Contract. Let Alone 8k
3.74 million INCREASED | BCH Price Shoots 8%
ENS (Ethereum Name Service) a simple explanation
Big Gains on Trade Setups. Don't Miss The Rally! Market is bouncing and some of the picks have generated nice profits!
Venmo Making it Even Worse for Crypto Transactions
Advice regarding my crypto asset allocation. Where do you see room for improvement?
I just started my journey and I already bumped my head.
Mt. Gox Extends Repayment Deadline of Estimated $3,700,000,000+ in Bitcoin (BTC) and Bitcoin Cash (BCH) Payout
Mt. Gox Extends Repayment Deadline of Estimated $3,700,000,000+ in Bitcoin (BTC) and Bitcoin Cash (BCH) Payout
Mt. Gox Extends Repayment Deadline of Estimated $3,700,000,000+ in Bitcoin (BTC) and Bitcoin Cash (BCH) Payout
The following series of events have taken place related to the Mt. Gox hack since 2014 to the present.
What will happen to BCH after the halving?
Looking back at the 2022 exchange fiasco, crooks that got away easily PART1 - Mark Lamb
Updated - Top Performing Crypto 2023 YTD (Top 100 MC only)
Looking back at the 2022 exchange fiasco, crooks that got away easily PART1 - Mark Lamb
Now Bitcoin Cash is over 6 years old should the Bitcoin Scaling debate should be revisited from an factual/ evidence based standpoint?
Trader Says One Dogecoin (DOGE) Rival Could Easily Crash by Over 50%, Updates Outlook on Bitcoin Cash (BCH)
Previous cycles top 5 portfolio performance
Bitcoin Cash (BCH) in Lebanon: Transforming Daily Lives Through Digital Currency
4 lessons to keep in mind in crypto! You follow the rules, you will be safe in this space!
4 things whales will murder you if you know!
Is it possible to know which blockchain a wallet.dat file goes to?
Crypto Vibe | August 2023 | BTC, ETH and BCH Focused
Safemoon finally released the Safemoon card. You can't use it to sell your Safemoon tokens.
Interesting Crypto events in AUGUST
Top 10 Cryptocurrencies by Daily Active Addresses in the Last 30 Days
What the Fork!? What Are They And Why do They Happen?
Over the ten years, I've successfully avoided sending any cryptocurrency to an incorrect address. Here are five practices I consistently follow to ensure my transactions always go smoothly.
Can your accounts be frozen when you need them most? (BCH ad #3)
Realistic / Objective Outlook for BTC in the coming 5 years...
Top Stablecoin Tether (USDT) Ends Support for Kusama (KSM), Bitcoin Cash (BCH) SLP and Omni Layer (OMNI) Chains
Can someone please correct or modify my newbie opinions?
On This Month 6 Years Ago - The Most Significant Bitcoin Hard Fork
On This Month 6 Years Ago - Bitcoin First Hard Fork Happend
PayPal UK to halt crypto purchases until early 2024 but enables purchases for Ledger users in US!
Cashtokens Upgrade 3 Months Out: BCH Developers Building NFT Creator Studio, Marketplaces, Wallets, and More
Why aren’t hard forks as common anymore?
Bitcoin Cash (BCH) Analysis: A Meteoric Rise and What Lies Ahead - Chart Analysis
6 years ago, we had the first Bitcoin fork where BTC forked to BCH. Now 6 years later, BCH is down 95% against BTC. An integral part of Crypto history nonetheless.
My Top 5 Crypto Holdings [] As of August 2023
Coinbase insiders are pumping and dumping a memecoin on their new L2 chain. Coinbase employees have already been convicted of insider trading. How low can they fall?
How to make an off-the-grid bitcoin cash transaction from an old bit38 encrypted paper wallet?
7 lessons I've learned in the past 3 years in web3
The 10 Best-Performing Cryptocurrencies of 2023* LDA, APT, COMP, XRP, BCH, SOL, RNDR, AGIX, INJ, CFX, MOONS
Do you pay 7% or more to send money back home? (BCH ad #2)
Regarding this cryptocurrency sub vs 4chan portfolio
Coinbase and Gemini made a statement about Relisting after the lawsuit
Would you rather have One BTC or $30K worth of Alt Coins?
Thoughts on the Keystone signing device?
A hypothetical story about taking profits
BCH strongs move means we will see more upside in the short term
So, what were you guys doing the recent bull run?
Alex the Doge (ALEX) Aims To Emulate Bitcoin Cash (BCH) Rally Upon Launch
When asked "what is the price of bitcoin?" Siri responds with the price of Bitcoin Cash
Best Passive Income Streams in Crypto: Solana (SOL), Bitcoin Cash (BCH), and VC Spectra (SPCT)
About Bitcoin Cash - Questions - Relevant feedback is welcome
Pre-Halving Effect; Litecoin (LTC) Soars, & Bitcoin Cash (BCH) Records Double-Digit Gains | CoinMarketCap
Mentions
All of the TXs are recorded on the blockchain forever. Only you would have sent BTC to this address on purpose. Sure someone else could have sent BTC there but only by accident. You've already demonstrated you misremembered in one instance, very probable you have misremembered other instances. Logically you created the paper address with X amount if BTC. You then (correctly) wrote that valuable information down. Later you made other transfers to that address but recorded them how, where, did you even bother? As for forks, you need to create the identical wallet on both BCH and BSV chains,. You will then see the same amount of "coin" for each of these forks. I would suggest you exchange (sell) them for real BTC, but you do you. Congrats and good luck.
BCH has ABLA activating in about 10 days. That means bitcoins largest attack vector (blocksize adjustment) is now baked into the protocol and no longer susceptible to human error.
If it was one of those casacius coins and it hasn't been redeemed, it'd be face value because the private key is embedded in the coin. These coins were all produced pre-fork, so in fact they'd also be worth the same amount of BCH. It might not be as regrettable as it sounds.
When I send from one BCH wallet to another BCH wallet, I open both wallets and copy from there. There is no poisoning possible. Or if you mistakenly change one character in the address, it wil refuse to send because of a checksum build in that becomes invalid if you change one character. It's really really hard to fuck any of this up on BCH. But on Ethereum they do not have such checksum safety feautures, change one character in a ETH address and it's valid and it will send and nobody will have the keys for it and it will be lost forever. Worse, the addresses that send stuff to your eth wallet will show up as suggestions when you want to send yourself! Horrible horrible unsafe ux. So they make an address that has the same and last characters and send to one of the addresses that sends to the real address. Then if you are trying to send to the real address it shows up under suggestions.
Might he destroy the BTC/BCH out of spite to the USG?
I’m not an expert, but I feel like cryptocurrency is no less real than fiat currency, which is also less universal because it’s limited to its native country, whereas cryptocurrency is global. You can take it anywhere. And while crypto offers anonymity, it simultaneously offers transparency, as every transaction is visible to all. The reason it feels like a Ponzi scheme now is because crypto as a whole only has a 4% market penetration. 1 in 25 people owns crypto. When we have mass adoption, and more merchants start accepting it as payment, the need for an off-ramp disappears, and volatility decreases. Maybe not so much for BTC, but perhaps BCH or something, so you don’t pay a $10 tax on a $2 candy bar.
I'm uploading BCH because I think I have little to lose and a lot to gain .....but nobody is chasing me 🤣.... it's normal..... I'm invested in a BTC miner because the performance is leveraged...... money goes where money is..... don't regret the past chase today's opportunities because they are a lot in any sector not only in the crypto space 🚀🌌
Bitcoin Cash is the only answer that is easy to cash out. The rest are perfectly fine, but they're not well known and not on many exchanges. BCH will be able to be cashed out easily.
At one point this was actually true. But a great many platforms and outlets that used to accept BCH stopped doing so, and so it fell off as a useful currency. It *is* still quite useful for cheap interchange transfers, as the cex's still carry it for the most part. Sadly, it's the broader economy that's abandoned it.
Just buy Monero and ignore other coins. If you do not have the opportunity to buy Monero directly, then buy some other coin that is not as popular (and closely monitored) as BTC and does not have such high transaction fees. For example BCH. Then exchange it for Monero. Monero is the best, but it is not omnipotent. If you buy 1 XMR at the exchange and then you send it directly somewhere, expect problems. Protect yourself. Have your own wallet full of coins and pay whenever you need. Once in a while, make a new wallet and empty and delete the old one. Buy coins only occasionally, randomly and always elsewhere, most of your data goes directly to Chainalysis (or similar companies).
The main reason that merchants such as Steam and Microsoft stopped accepting crypto wasn't anything to do with the MSM. The problem was that when they tried accepting BTC people loved it and started using it, then transaction fees went through the roof and no one wants to pay $5+ in tx fees to buy a game. BTC doesn't scale and merchants experienced buyer friction first hand. They could solve this by accepting other crypto that can scale (BCH, XMR, etc.), but once they were burned by BTC they assumed all crypto would have the same problem and are now afraid to touch crypto. BTC's failure to scale with demand set all crypto back at least a decade.
I like the vision, but why BCH over alternatives with 0 fees, higher decentralization, and near instant finality?
BCH. It's the sole reason why it even exists...
As long as there is no information how they can magically archive that I will be extremely cautious. Bitcoin and forks prevention is pretty easy to understand and works (better on BCH than on BTC since they fucked up with Segwit and Taproot)
What are your concerns with Nano / ORV? I like BCH's vision, but I find it hard to use when I'm already used to 0 fees + 500ms finality
I have received payments in cryptocurrency since 2020. First, partially, in exchange for a few writing gigs; but now I'm fully paid in crypto and I currently feed my family with these payments. My first choice is Nano (XNO). 1. Zero fees make a huge difference in the long term for both the sender (who pays) and the receiver (myself). 2. Deterministic finality makes sure the transaction is irreversible as soon as it receives the first confirmation. 3. Finality in \~600ms on average gives the security of a successful settlement and diminishes the price-spread risk from the time the payment was sent to the time the payment is received and can be liquidated (if desired) by the receiving party. This is also often overlooked, but as of great importance in such a volatile market. I would also gladly use Monero (XMR) due to its privay-by-default characteristic; or take other efficient decentralized cryptocurrencies like Bitcoin Cash (BCH) or Litecoin (LTC). XNO and XMR are my two favorite options, tho.
The core devs do not work for Blockstream. The codebase is very decentralized, mostly because of the thousands of nodes around the world who are also involved in decision-making. We can get into this if you want, or just look at my debate last week on exactly this topic with the bros over in the r/btc sub (which is really the BCH sub cuz they like holding a grudge). Asic supply is a problem, but it's not like they have ANY power over the network itself. What are they gonna do, create an even faster ASIC than their competitors?! GTFO, man, this isn't a serious centralizing issue. Also, half a dozen new companies, such as Intel, are currently developing their own asics. This tiny "issue" will improve over time. Two pools control 51%?! Holy crap, I just looked it up and it looks like when you combine ALL the miners around they work, they add up to 100%! Damn, this bad. Bitcoin has a few issues you can point to, sure. But they aren't as serious as the issues on other cryptocurrencies. Bitcoin is many magnitudes more decentralized and secure than its closest competitor. Nothing will ever be 100% perfect with zero criticism or hate. There's always gonna be haters.
> Please tell me why Grayscale is scooping up Litecoin if it's a bad investment Sure, I am always happy to expose pure foolishness. Institutional interest in crypto outside of BTC and ETH is negligible. There has been more demand ETC than LTC - it's still negligible to make a market impact. In 2020 Grayscale had: - $10 Billion in BTC - $1.7 Billion ETH under management - $74 Million in ETC - $74 Million in LTC - $58 Million BCH https://www.coindesk.com/markets/2020/12/15/grayscale-now-has-13b-in-crypto-assets-under-management/ In 2024 Grayscale has: - ~$50 Billion in BTC is owned by Grayscale and the other ETFs - $9.2 Billion in ETH under management - $315 Million in ETC - $162 Million in BCH - $149 Million in LTC https://www.grayscale.com/crypto-products
BCH and LTC for me. Always supported, low fees.
Monero is a good coin but delisted from many exchanges, LTC or BCH is prob what I'd recommend low fees, pretty fast easy to sell
BCH has to be up there.
I'd stick to the top 20 market cap coins, and entertain layer-2 for BTC and ETH. So coins you could offer: BTC-LN, ETH-Poly, BNB, XRP, DOGE, BCH, LTC
Transfer fees are always a multiple of blockchain real costs because CEXs keep moving coins to/from their inner wallets to clients' addresses. One way to avoid this is using coins/tokens with reduced transfer fees such as LTC, BCH, XRP, XLM, EOS or use a different blockchain with reduced costs (e.g.: Polygon, BNB...).
!Remindme 8 years How is BCH working out?
They mostly did. We have monero, and BCH, but it's not enough without a will for having decentralised money waking up in the people's minds. Education hasn't reached the public fast enough and wide enough.
> So, lose value in USD? > > I listed many things not just price. Refer back to my comment. > You’re quoting stolen momentum out of a single battle, the war is still on and you’re losing to your own mempool love. BCH lost. It's limping around just like other dead cryptos. The solution to bitcoin not going your way isn't to hard fork it into something else, it's to continue working on it. I supported big blocks and when it didn't happen, I accepted it. Because I know that a decentralized system won't always go my way. I do now think it was the right decision to not increase the block size.
> There is no such last resort, the second the BTC controllers attempt such an increase, they’d have validated the Bitcoin Cash reason for splitting from BTC. So BTC loses the argument then. No, that won't validate BCH. BCH is a hard fork that went against consensus and became the lower end fork. Nothing will validate that, even if bitcoin increases the blocksize. If you hardfork and lose, you lose.
BTC is not vertically and horizontally decentralised at all. And just a handfull of big mining companies and pools colluding would be enough for them to get themselves an unfair advance over the rest. The reason they have not done this is because of the low block size they have been making a killing on fees. Why kill the gooze with the golden egs. We will see what happens when block reward has run out enough, and if banks and coorperations don't co-opt it for settlement it will run out of security one day. Meanwhile BCH will run out of security much earlier, unless it finds mass adoption which is highly unlikely at this point.
I understand you’re a BCH advocate. But BCH has failed to capture the community. And that failure has increased over time not decreased. I don’t have full understanding of the block size war details. I’ll probably read the book at some point. The difference is much like BTC vs any other chain. Features vs decentralization. The BTC community has consistently chosen to optimize for decentralization over features. Blocksize increases work against node decentralization-if only at the margins. So far, BTC hasn’t been willing to make that trade. <shrug> For all its feature shortcomings, BTC *is* the most decentralized. I’m personally not worried. It’s a long-game of survival of the fittest. I want all the attacks and criticisms to happen. The market over time will decide. If BTC can’t endure all those criticisms and attacks, it should fail, imo. Now, I happen to be betting it won’t fail—and my bet is working well since 2017. But, anything could happen.
That is a cyclical argument. Bitcoin in its current form 1MB, ticker named BTC has failed. The culture war happened because it had people from the previously bitcoin camp trying to use as p2p cash, and not store of value. I'd be willing to give you at least the fact that market hasn't favour BCH **so far yet.** But other than that I don't see how it is a Mickey mouse system or whatever that even means.
The innovation has already happened on BCH. Multi core validation instead of single threat, block compression, fast sync, utxo commitments, on the fly difficulty adjustment, schnorr signatures, cash fusion privacy through global and automatic coin mixing, anyhedge smart contracts, dynamic block size based on usage, and the blockchain only has to grow at 4.2 MB a year.
I sold all my BCH and BTC in jan 2018. I bought BCH again in 2023 at a 100 dollars.
BCH is down 98% compared to BTC since its arrival. The people have spoken on this one.
Someone did 1GB blocks on a RasPi 4 in 2021 on BCH scalenet.
That's why the LN whitepaper says block need to be a 100 MB. Ironically only BCH which now has a dynamic block size that goes up and down with demand can run LN and scale for the entire world that way.
>Same, BCH gets a lot of hate for illogical and circular reasons, BCH rightfully got hate because it tried to parade itself as "The **real** Bitcoin" and started a culture war. Are you really going to trust the people managing that system? I prefer competent developers who don't need to copy paste code and ride off others shirttails in order to make a system work. Literally anyone could have cloned Bitcoin and changed the block size parameter and started a alt like BCH.
They’re not supposed to be free. They’re supposed to be millions and soon billions of transactions that pay negligible fees (individually), but collectively pay far more than a 1 MB BTC block will ever pay. What you want is to divert away that potential fee revenue from hash-providing miners to LN Hubs that are essentially leeches/rent-seekers which provide no added hash-rate nor base-layer security. Is that what you want? To deincentivize miners from providing hash rate especially as coinbase rewards go to zero? Having a negligible but a non-zero fee prevents spam, go ahead and fill a BCH block please by spamming it? If you’re rich enough to do it for long enough, miners will simply adjust a single parameter and it will become 32x or 64x or 128x as expensive for you to fill the block. How long before you go broke trying to spam? A fee-paying transaction is never spam in this time and age. You gave an example but you ignored the fact that to use it in a non-custodial fashion, someone HAS to pay $2 or $50 or whatever the BTC fee-of-the-day is to open that channel, which is an extremely unrealistic ask for most of the planet. Finally, it’s a matter of offering: Bitcoin on-chain offers the world’s best transaction type, hash-backed finality with millions of kilowatts spend generating that proof of work. Satoshi intended to offer THAT SPECIFIC TRANSACTION type for that minimal fee, indefinitely. Instead, you’re offering an inferior L2 IOU that gets passed around, custodial or not, it lacks individual transaction finality until it settles, and you want people to settle that on a network with broken fees, where soon everyone will be priced out of settling on and everyone will accept IOUs being passed around custodially and indefinitel - Gold and Dollar, anyone? I wish you spend more time understanding the very delicate game-theory driven Nash equilibrium at play, and why screwing with miner incentives to protect the network ultimately screw no one but you; BTC is doomed my friend.
BCH has instant transactions and so far scales just fine. Satoshi laid out how Bitcoin can scale and how payments can be instant. Small blockers just hated it.
Why? BTC and ETH are intended to be high price. Just use a low fee alternative like LTC, BCH or XMR.
Same, BCH gets a lot of hate for illogical and circular reasons, when it has worked all the while without issues.
I think BCH got lot of the things right, removing RBF was the right thing to do to enable 0-conf, immutability and parallelization. . Fees are damn cheap. I have never seen a fee higher than even 5 cents. Why are we concluding it doesn't scale theoretically? I am fine with L2 on BCH, but don't see the reason to implement in now, when the usage are nowhere near the peak.
I don't pick favorites and I'm not married to any one coin. I hedge my bets and ride the whole market and just reassess periodically. I'm holding BTC *and* BCH right now, for example, as well as ETH, SOL, ICP, and a few others. Not sure what you mean by ETH being "exposed". It's still very much a contender. It had a surge and crash in dominance early on, but has trended back up since then against BTC. It's also had two major upgrades in the last two years that have dramatically improved the network and reduced fee's. As for security, I mentioned this elsewhere, [but the only qualitative study I've seen on the topic recently concluded that Ethereum is more secure](https://cointelegraph.com/news/bitcoin-ethereum-51-percent-attacks-coin-metrics-research). How are you measuring "security"?
There is no such last resort, the second the BTC controllers attempt such an increase, they’d have validated the Bitcoin Cash reason for splitting from BTC. So BTC loses the argument then. BCH also forked to avoid all those “scaling solutions “, because none have obviously worked.
and here come the BCH bagholders.
The last few big BCH threads were all locked here for bullshit reasons. There's definitely a couple BTC maxi's on the modlist with a hateboner for it.
Actually, OG Bitcoin maxis moved to BCH and Ethereum.
Bitcoin maxis are what made bitcoin what it is today. Don't see how you can be salty about it unless you are/were are BCH/BSV shill
maxis love to go around and lie and say that roger ver created BCH. he didn't. it was mostly the work of amaury sechet, who is not even involved anymore.
Who are you even talking about, Roger Ver? Craig Wright went on to BSV and has nothing to do with BCH.
Who controls BCH ? Has the same decentralized model as BTC, don't talk stupid otherwise we could say Micheal Saylor controls BTC but clearly that is stupid too.
No I think the founder of BCH scared people away, dude is a crazy idiot. I’d rather have higher fees and decentralisation than lower fees and an Elon musk esque character controlling things.
The sad thing is that by slandering BCH so much they have also pushed people away from a similar alternative that could be good for cash payments. I say this as someone who doesn’t use or own BCH.
I agree from an investment standpoint that it may never hit a large market cap like BTC or ETH, but from a decentralized/privacy standpoint and store of wealth/currency XMR can’t be beat. Also I get that binance is the largest CEX in the world, that XMR is being banned in the EU, but that’s because they’re afraid of it. Wasn’t the point of crypto to be your own bank and not have the government know your financial moves? I would like to also add LTC/BCH to my portfolio once I get a chance. For now I’m holding XMR and it is definitely incredibly undervalued, and I respectfully disagree that privacy coins will not survive. You don’t need an CEX to purchase XMR. XMR is what Bitcoin was meant to be.
You can't compare the two halving events. 2020 BTC Halving occured just as COVID hit, a market panic sell off happened, AND governments all over the world started printing money like there's literally no tomorrow. Now central bank interest rates are much higher all over the world, and it's unclear when those interest rates will be cut. However now we have spot-ETF's. However, BTC-Core is gaining some resentment, as it's been almost 7 years since the BTC/BCH fork, and BTC hasn't made any scaling improvements, an the lightning network continues to be a joke. The whole shift to the "store of value" narrative instead of "digital cash" idea has people becoming more disinterested in BTC. I think we'll have a bull run in BTC, but I don't expect it to have the absolutely spectacular gains that prior cycles have had. Also, this might be BTC's LAST bull run.
You can't compare the two halving events. 2020 BTC Halving occured just as COVID hit, a market panic sell off happened, AND governments all over the world started printing money like there's literally no tomorrow. Now central bank interest rates are much higher all over the world, and it's unclear when those interest rates will be cut. However now we have spot-ETF's. However, BTC-Core is gaining some resentment, as it's been almost 7 years since the BTC/BCH fork, and BTC hasn't made any scaling improvements, an the lightning network continues to be a joke. The whole shift to the "store of value" narrative instead of "digital cash" idea has people becoming more disinterested in BTC. I think we'll have a bull run in BTC, but I don't expect it to have the absolutely spectacular gains that prior cycles have had. Also, this might be BTC's LAST bull run.
Yes, that is why BCH is the real Bitcoin aligned with what Satoshi designed.
You re more than correct. And you miss the few actual "useful"cryptos such as 1. Monero 1. LTC/BCH 1. BTC 1. ETH
If you liked BTC, you can use similar public coins such as BCH, LTC, ... there are many possibilities. If you don't want to support ASIC manufacturers and Chanalysis, then try Monero.
Can we have another BCH-like fork but this time with more than 51% support so we don't have a predicted split? Or just like before majority will see the future with smaller blocks? I think Bitcoin will be the back bone and various decentralized interoperable side-chains will be the ones that replace fiat. I predicted that BCH will fall and I sold all my airdropped coins as soon as it was possible. It appears to be one of my best decisions in the past (if valued wins/losses in fiat).
How does that make sense? What does price have to do with a larger blocksize? And btw, BCH is probably used in more stores than BTC is
Do you mean theoretical transactions or actual transactions ? BCH may support more TPS theoretically but almost nobody uses it, so the actual TPS is a lot lower. Besides TPS isn't the whole of the story, I could invent my own coin that could do billions of TPS, but nobody would use it to send large amounts of money because the proven security and trust isn't there. What really counts is the total value transferred per second. Is there any other with a higher VPS (value per second) than bitcoin ?
A bull run for the #CryppleCurrency is surely overdue. But until the flippening, I can't say that BCH is over priced. It is certainly far more efficient to use than Visa, MasterCard, or the rest of the banking cartel.
Has anyone said LTC or BCH yet? If so, never mind.
I actually have zero BCH, and I also don't think that blocksize increase is necessarily required for a good scaling roadmap. I just really hate lightning because it's a stupid and evil idea.
Nice to meet you the pope of BCH cult
The last block on BCH was 1.3 kb / 32 MB. No one uses it.
Bigger blocks are not a good solution, this leads to more problems and probably only works as long as the price of let's say BCH is still down and almost nobody uses it anyway.
Nonsense. No boundires? The limit on blocksize is a boundry. It means you don't have the banwidth to sell. And when you don't have the bandwidth to sell, you end up with L2 garbage and bullshit fees. $BCH is #CryptoCurrency. $BTC is #CryppleCurrency.
What's amazing is that after the transaction fees of yesterday, there are still people who can't admit that #BTC is a failure, and #BCH is #Bitcoin.
Not due to the halving. Due to small blocks and small brains. BCH halved too, but we have plenty of bandwidth to sell, so we don't have to overcharge users. You can't sell the bandwidth that you don't have. No go, my son, and use shitcoins no more.
BTC for the rich? BCH for the poor? Or BTC for digital store of wealth, swap for BCH to use as digital currency? i know...probably offended both maxi groups...& i should go read blah blah blah.
Y'all should go check out BCH on r/btc. Always small fees all the time and it has Satoshi's genesis block.
Nobody will ever migrate to BCH lmao
#1 ADA #2 DOT #3 BCH “safer” with high potential
Hashrate allocates according to block reward. Since BCH halved first miners moved to BTC when BTC halves too they will move back.
IIRC in the height of the block wars there was someone claiming there was some "turbo boost" in some ASIC miners that get left in for BCH and forbidden in BTC. I don't know how someone can "boost" SHA256, but I thought someone was making the claim. If it's not all BS, then there would be miners that work "better" on BCH than BTC, making moving a BTC miner without the "boost" to BCH a non-starter.
Why would usual BTC miners temp switching to BCH drive the BCH price? If anything they'd be more likely to sell that BCH since BTC is what they are after. Mining activity & demand are not necessarily the same thing.
Going in and out of monero using BCH is super fast, super secure and super low fee. Amazing.
In 2009 I was reading something on the webs about this new "blockchain" tech and I immediately tried to buy $50 USD worth (of BTC), but couldn't figure out how to...so I never looked into anything Crypto again until 2017/18 when I bought my first BTC & BCH coins.
Converted my BCH to USDC when BCH was in $700 range. Got a new iPhone 15pro.
LTC and BCH pumping were again top signals. See you in 4
IMO BTC as a P2P cash is gone. The fees are too high and transactions take too long. institutions own it. Then there’s volatility if I’m sending my friend $10 dollars and it becomes $8.91 by the afternoon because a whale sneezed it’s not a cash replacement or a good emergency fund. It’s a volatile investment. BCH is closer and better at P2P. the fees are way lower. Yet even BCH is too volatile right now. Just my 2 cents that might become 0 cents or $20.
Normies if at all will buy BTC via ETF. That will give BlackRock tremendous control. And even worse normies will think of BTC as an asset in their portfolio, not a currency they could use as an alternative. BTC is mainstream. If you are interested in crypto*currency* as a means to speculate on doption as an alternative to USD/EUR you might want to look at Monero (and LTC/BCH).
There are atomic swaps between BTC, ETH and BCH with XMR.
lol no it doesn’t. I’d love to see bitcoin cash actually handle the amount of volume Bitcoin (the real Bitcoin) does on a daily basis. BCH is just another shit fork no different from bitcoin diamond, bitcoin gold, bitcoin sv, etc
Bitcoin is a PeerToPeer digital currency ... you can't be that with $5 fees, much less $50 fees, which I have seen, Which makes #BCH Bitcoin ... and #BTC a magnificent project in digital fools gold ...
BCH is not Bitcoin (BTC). What are you on about?
That's fucking crazy talk. BCH may well have a 12 year bull run ... once peole recognize that #BCHisBitcoin ... but the "we're gonna get a monopoly by overcharging the fuck out people" nonsense won't work, now or ever.
ETH and its layer 2s are really technology ahead but that dosent mean much in the eyes of the current investor. BCH solved a bunch of bitcoin’s problems and investors seem rather uninterested in it. Bitcoins outdated technology makes it similar to gold and that’s what the current market sees it as. A digital gold and another way to fight inflation.
Dude I gave you all the keywords. It's on you to look into it. I cannot argue again a believe. And >It's a shitcoin, Litecoin already existed and does all of that better. is just your believe because you haven't looked into it. e.G. has the same small block bug that ultimately limits what it can do. 0-conf is safer in BCH than on LTC. BCH has more real world adoption. But as I said nothing will convince a believe.
He's referring to language used during the block wars. "Core" is a reference to a company that did a lot of development on BTC, and were the biggest advocates of Segwit and Lightning. So "core" refers to BTC, and he likely supports BCH. Both claim to be "real bitcoin" and I'll leave it to the block warriors to argue their perspectives on that one. It's useful as a distinction in some contexts (though, the ticker is just as useful *and* more universally understood), not so useful in others.
I use BCH, XML or Ripple. They are cheap to send and are relatively fast.
Bitcoin Cash (BCH) has worked well for me sending internationally. The fees are almost nothing. The only issues are the “spread” and the volatility, which can work in your favor or not.
Many of those coins were also only at the ATH price for a very short period of time. For example, BCH reached an ATH of around 0.25 BTC in late December 2017 due to Coinbase listing hype, but it was only around that high on Coinbase for a few minutes.
> I don’t regret selling. The whole point is to sell and increase the quality of your life and not wait until you're filthy rich old man whose life has passed you by. BTC is a plays out in cycles of pumps and dumps. Alts play out in rugpulls, 99% of them scamming you with hype and lies, their only value appreciation comes riding the BTC bullrun wave. The best risk/reward play is to use BTC as a diversifier in your portfolio of stocks, bonds and real estate. I paid off my mortgage after the 2017/18 bullrun and was starting to loading up for the next bullrun in December 2018 > I am so glad I focused on paying off my mortgage in the bear market. Almost there and hopefully paid up by the time it's time to stock up for the next halvening bullrun https://np.reddit.com/r/Bitcoin/comments/a3n8qb/priorities/eb7psti/ Bought my second house in April 2021 with people commenting that I got lucky. I've never sold the absolute top of a cycle, I have no idea where it is - and if you listen to experts, you're fucked. https://np.reddit.com/r/RealEstate/comments/mviupv/paid_70k_20_over_asking_yes_it_appraised_yes_its/ I retired in 2022. Would I have more money now if I never ever sold? Yes that that is in hindsight and the point is to enjoy life and not stare at the charts worrying about the price of BTC and how big your stack is. Also remember the lure of Alts is that they outperform BTC. But the vast majority of people lose money on Alts because this is mostly fiction: - You have to pick the right Alts that will pump out of 10,000+ shitcoins - You have to pick the bottom or near bottom - You have to pray that some foundation doesn't dump on your ass, print another shitload of tokens, do some shenanigans that completely destroy the value of your shitcoin, etc - You have to pick the top or near top before it dump to kingdom come again Long term investment in Alts is a losing proposition. BTC is the diversifier (calculation done on the prices yesterday) - LTC's BTC high was .04792 in late 2013. If it kept up with BTC, the price would be $3,185 - NameCoin BTC high was .0145 on late 2013. It kept up with BTC, the price would be $963 - Peercoin BTC high was .00895 on early 2014. If it kept up with BTC, the price would be $594 - ZCash BTC high was 2.2635 on late 2016. If it kept up with BTC, the price would be $150,466 - XRP BTC high was .00022465 in May 2017. If it kept up with BTC , the price would be $14.93 - ETH BTC high was 0.15 on June 2017. If it kept up with BTC , the price would be $9,971 - BCH BTC high was 0.14 on August 2017. If it kept up with BTC , the price would be $9,786 - IOTA BTC high was .000257 on January 2018. It it kept up with BTC, the price would be $17..01 - Vechain BTC high was 0.00000755 on January 2018. It it kept up with BTC, the price would be $0.50 - NEO BTC high was .01538 on January 2018. It it kept up with BTC, the price would be $1,022 - ADA BTC high was 0.00007382 on January 2018. It kept up with BTC, the price would be $4.91 - ALGO BTC high was 0.00031342 on June 2019. It kept up with BTC, the price would be $21.91 - ChainLink BTC high was 0.001582 on August 2020. It kept up with BTC, the price would be $110
I don't hate BCH at all, i do believe it is well established and has a place in the crypto sector. My arguments weren't against BCH as a coin regarding it's utility, but about being presented as a superior investment thus far due to "Doing a 700% from the bottom". It's a painfully laughable argument. BCH/BTC being 95% down from its ATH isn't my opinion, it's a mathematical fact. It might outperform BTC in the future, who knows. From an investment standpoint till now though, it a disastrous one compared to BTC.