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    Bitcoin Cash Bitcoin Trending! Bitcoin Cash returns to Exchanges and Roger Ver loves Criminals?

    December 02, 2018

    Bitcoin Cash Bitcoin Trending! Bitcoin Cash returns to Exchanges and Roger Ver loves Criminals?

    Bitcoin Trending! Bitcoin Cash returns to Exchanges and Roger Ver loves Criminals?

    Posted: 02 Dec 2018 08:18 AM PST

    Google Searches for Bitcoin Rise Again, While the Crypto Market Goes Green

    Posted: 02 Dec 2018 02:45 AM PST

    Bitcoin Cash – In Crisis, Lies Opportunity

    Posted: 02 Dec 2018 11:24 AM PST

    As the bear market continues, I sense that some may be feeling down about it. In Chinese culture, we have a saying that goes, "In Crisis, lies Opportunity". Bitcoin Cash has been around for 1 year now and if you have been closely monitoring the BCH space, you would notice a sudden explosion of innovation and growing ecosystem. And I would argue that all Bitcoin Cash investors are all early adopters and in crisis, lies some of the biggest opportunities in the space.

    The first mover is usually NOT the winner. Remember Altavista the early search engine? It's all Google now. Remember Friender the early social network? It's all Facebook now. Remember Nokia phones? It has been overrun by Apple/Samsung now. BTC is a dead man walking dinosaur coin, most people don't realize that yet. BTC is slow, unreliable, high fees, doesn't scale, centralized by a single core development entity and uses Lightning Network that caused users to lose their funds. Similarly, people will not remember BTC next time and I would argue the likely winner of the cryptocurrency space will be something better and my bet is on Bitcoin Cash.

    And here's my reasons for that.

    1) Bitcoin Cash has some of the most brilliant scientific people in it. They run experiments and use empirical evidence to identify bottlenecks in the protocol and how best to scale it as permissionless sound money for the entire world. I think pretty much everyone in Bitcoin Cash agrees that the goal is to scale Bitcoin Cash to be usable as cash for the entire world. And we are working hard to make that happen.

    2) Explosion of Tokens is coming to Bitcoin Cash. This means lots of different innovative applications coming on top of Bitcoin Cash in the coming months. So the most common question is, why not do tokens on Ethereum? When CryptoKitties first came out, it choked the entire Ethereum network so there are still some existing problems there. Bitcoin Cash is ready.

    3) Privacy is coming to Bitcoin Cash with CashShuffle. Privacy is good even for people who doesn't need privacy. I believe this will help real people in certain oppressed countries such as Venezuela where privacy is almost related to safety. In fact, I would argue privacy is a matter of life and death in some countries.

    4) The Bitcoin Cash community is made up of some of the most amazing wonderful people I know. And this would be a key reason why Bitcoin Cash will be successful. Feel free to join one of our group at http://ambassador.cash/

    5) People in Bitcoin Cash are working towards real utility and demand for it, instead of just "hodling". We are building up the ecosystem to make things happen and not just "hodling" waiting for things to happen. The cryptocurrency space right now is equivalent to 1990s of the Internet early period, and just like that period, only the ones with fundamental values will survive. Remember, even Amazon lost 95% of its value during the dotcom crisis. Price does not equate to value. A fool knows the price of everything, and the value of nothing.

    Those are some of the reasons off the top of my head on why I am so optimistic, positive and feeling great about Bitcoin Cash despite the bear market. And above all, there is a sense of purpose for people in Bitcoin Cash community because we know our work impact real lives today and for generations to come. You can read more at LocalBitcoinCash.org news articles section on "Why do we urgently need a decentralized global peer to peer cash system?"

    Let's together change the world and make it a better place, one Bitcoin Cash user at a time.

    Source: https://honest.cash/MobTwo/bitcoin-cash-in-crisis-lies-opportunity-348

    submitted by /u/MobTwo
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    Intel’s New Patent Could Make Bitcoin Mining More Energy Efficient

    Posted: 02 Dec 2018 08:00 AM PST

    Trading Bitcoin for Beginners - 3 Simple Strategies to Make Profit!

    Posted: 02 Dec 2018 02:40 AM PST

    Outcome of the Bitcoin Cash War: ABC vs SV

    Posted: 02 Dec 2018 12:05 AM PST

    The Continued Increases In Bitcoin Cash’s Block Size Makes No Sense

    Posted: 01 Dec 2018 11:10 PM PST

    The Continued Increases In Bitcoin Cash's Block Size Makes No Sense

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    https://i.redd.it/20dok1oydt121.jpg

    http://genesisblocknews.com/the-continued-increases-in-bitcoin-cashs-block-size-makes-no-sense/

    Craig Wright aka Faketoshi is bragging on Twitter right now about how the unloved child of Bitcoin Cash, Bitcoin Satoshi Vision (SV), will have 1 TB block sizes in the next 2 years. They call this cryptocurrency Satoshi vision, but this would only be Satoshi's vision if he had just drunk a bottle of Everclear. Increasing Bitcoin block size above 1 mb in the first place is a bad enough idea, but increasing to 1 TB would be absolutely crippling. If they actually filled up blocks to 1 TB, the only node left in the world would be Craig Wright's, making Bitcoin SV completely centralized.

    Diehard Bitcoiners know that downloading the blockchain to run a full Bitcoin node takes weeks or months depending on your internet speed, and that is because the Bitcoin blockchain size is approaching 200 GB. That is with the maximum block size being around 1.2 mb, up from 1 mb thanks to the addition of Segregated Witness (SegWit). Most new Bitcoiners give up when trying to download Bitcoin Core, due to the immense amount of time needed to download the blockchain. There has been a steady 10,000 Bitcoin nodes in the world since about March 2018, indicating a lack of new nodes coming online. If Bitcoin's block size increased, which it will not since the Bitcoin developers know what they are doing, it would cause a drastic decrease in nodes and a rapid increase in centralization.

    When Bitcoin Cash splitoff, during the SegWit debate, the original block size of Bitcoin Cash was 8 mb. Now Bitcoin Cash has a block size of 32 mb, while Bitcoin SV has a block size of 128 mb. 8 mb block sizes would have already over-inflated the blockchain to the point that downloading it would be extremely difficult; increasing the block size to 32 mb and 128 mb is absolutely nonsensical. Now Craig Wright is bragging about 1 TB block sizes.

    The icing on the shitcoin cake is that Bitcoin Cash and Bitcoin SV have block sizes that are usually less than 100 KB, sometimes as little as 5 KB or less. This makes the entire block size debate pointless, since so few people are using Bitcoin Cash or Bitcoin SV that they cannot even get close to achieving 1 MB block sizes. Therefore, there was no reason to ever split off from Bitcoin in the first place to increase the block size, and the continual increases in the block size limits are pointless propaganda.

    Currently there are 1,058 Bitcoin ABC nodes, and 543 Bitcoin SV nodes, much less than Bitcoin, making both versions of Bitcoin Cash more centralized than Bitcoin. However, they are decentralized enough to be immutable. If Bitcoin Cash or Bitcoin SV ever achieved enough transactions to approach their block size limits, the number of nodes would drop off rapidly, making them extremely centralized and eventually no longer immutable, with someone like Craig Wright having the power from his sole node to reject transactions. So perhaps Bitcoin Cash and Bitcoin SV investors should be thankful that there is barely any transaction activity.

    submitted by /u/turtlecane
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