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    Home Unlabelled BTC Just wait until folks find out that BTC is as crippled as in Dec 2017. Segwit + LN did not help at all.

    BTC Just wait until folks find out that BTC is as crippled as in Dec 2017. Segwit + LN did not help at all.

    April 03, 2019

    BTC Just wait until folks find out that BTC is as crippled as in Dec 2017. Segwit + LN did not help at all.

    Just wait until folks find out that BTC is as crippled as in Dec 2017. Segwit + LN did not help at all.

    Posted: 02 Apr 2019 05:59 PM PDT

    Bitcoin Cash really is Bitcoin, the way Bitcoin was meant to be

    Posted: 03 Apr 2019 02:09 AM PDT

    Take the time to reread the Bitcoin whitepaper here and decide for yourself.

    • is the blockchain intended for "casual transactions" or infrequent high-value settlement? (p. 1)

    • is Segwit strictly compatible with the definition of a Bitcoin? (p. 2)

    • what is the role of nonmining "full nodes" in the network? (p. 3)

    • what is the original scaling plan? (pps. 4, 5)

    • what is the original privacy plan? (p. 6)

    • is secret RBF considered "dishonest mining" (p. 7)

    • was the rule & incentive system "frozen in place" or intended to be upgradeable (p. 8)

    It's amazing what you can learn in a rereading. The paper is short and easy to understand.

    Please share it with others. Whichever is your favorite token, we should all agree that this document represents a milestone in the way humans think about money.

    Bitcoin: a Peer-to-peer Electronic Cash System

    submitted by /u/jessquit
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    Average Transaction Fee of BCH and BTC (02/04/19

    Posted: 03 Apr 2019 12:09 AM PDT

    Rollercoaster Man is back, now with a new front license plate!

    Posted: 02 Apr 2019 10:18 AM PDT

    What fear looks like.

    Posted: 03 Apr 2019 12:29 AM PDT

    Fees are just going up and down right?

    Not really. Look at how the users are getting more nervous and paying higher fees even when the fees are "lower" in the more recent spikes.

    That's fear and it has no place in permissionless p2p cash.

    submitted by /u/emergent_reasons
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    Bitcoin Cash Smashes All Comers, Up 60%

    Posted: 02 Apr 2019 08:26 PM PDT

    I think it's clear by now that when BTC becomes less usable because fees go over a certain value, that people prefer to use BCH over the Lightning Network.

    Posted: 02 Apr 2019 07:07 PM PDT

    This means that every time BTC hits a cap, there is some growth on BCH ... which long term means all the growth will be on BCH and less and less will be on BTC.

    That's what happens with systems that are not allowed to grow naturally. Live finds a way. In this case life found a fork.

    It's called evolution. Deal with it coreons. Cause in the future Bitcoin will either end up with no transaction volume or one so large it can only be done on BCH.

    However the TPTB have managed to push back adoption by a good 10 years. And for that, I give em credit. Them assholes are pretty smart. I wonder what the 20 - 40 years consequences will be on this 10 year delay in adoption. There is still a block reward going down curve that needs to meet a tx reward going up curve and if one of them is shifted to much there will be a period where Bitcoin might not have enough incentive to be secure.

    So they might have created themselves a weakness in the future, getting ready to destroy the chain when block reward has run out faster then tx reward has replaced it.

    Just like the NSA puts weaknesses in encryption protocols, this is the exact same thing. An economic weakness they successfully managed to put in to Bitcoin.

    Of course by now it should be clear that Bitcoin will corrupt TPTB more then the other way around. No power wants to destroy Bitcoin anymore, they want to control it, own it ... use it for their own purposes.

    It will be the beginning of their loss of power, the beginning of the end of the nation state.

    submitted by /u/Kain_niaK
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    RE: bitcoin legacy (BTC)-> Looks like Samson Mow finally got one right!

    Posted: 02 Apr 2019 01:38 PM PDT

    Bitcoin Core's limited transaction throughput has an adoption cost. Here's an email I sent to my contractors just now. I hope "One Meg Greg" has enough "champaign."

    Posted: 02 Apr 2019 04:56 PM PDT

    Bitcoin Cash Explodes 50% As Asian Algos Continue Crypto Buying-Spree

    Posted: 02 Apr 2019 05:25 PM PDT

    Who wants a mobile BCH based Token wallet?

    Posted: 02 Apr 2019 01:59 PM PDT

    "One day you'll be able to Spend all those bitcoins [BTC] as miner fees in order to escape the mempool congestion!" u/markblundeberg

    Posted: 02 Apr 2019 10:54 AM PDT

    BTC is a threat to existing banks. Hence the failure to scale. That's really the simplicity of it.

    Posted: 02 Apr 2019 01:07 PM PDT

    The fees on BTC are going to be a sight to see during this next bull run. That's by design. Discourage adoption.

    The stupid part is they are only slowing it down. There are 1000 cryptos ready to step up to the plate if BTC can't handle the volume. But it appears slowing down adoption is the next best thing to stopping it entirely, which they cannot do.

    That's also why BCH experienced an attempted overthrow recently (with the whole nChain/SV attack). Bitcoin Cash CAN scale. They know this. Therefore the threat looms again. But this time BCH didn't fall for the takeover from within (Craig posing as satoshi and acting as if he was on our side initially).

    submitted by /u/BitcoinIsTehFuture
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    Bitcoin BCH Looks Set To Reclaim 4th Spot On Its Way To Lead The Bull Run

    Posted: 02 Apr 2019 06:27 PM PDT

    If only a small percentage of the worlds population can afford to use something then it has already lost the decentralization battle.

    Posted: 02 Apr 2019 09:06 PM PDT

    It cant' be considered decentralized if only a centralized few can afford to use it.

    submitted by /u/FUBAR-BDHR
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    This is what poor central planning looks like

    Posted: 02 Apr 2019 07:38 AM PDT

    Founder of the Swedish Pirate Party and early Bitcoin adopter describes why he's chosen the Bitcoin Cash fork

    Posted: 02 Apr 2019 09:59 AM PDT

    Crescent Cash Becomes the Third BCH Light Client to Adopt Cash Accounts

    Posted: 02 Apr 2019 02:07 PM PDT

    Let's just say that BTC is ready for another run straight up. Has the scaling problem been fixed so that it is at least as fast and cheap as, e.g., a credit card? The answer is, incredibly, no!

    Posted: 02 Apr 2019 06:52 AM PDT

    If you ❤️ BCH, If you ❤️ P2P Electronic Cash and If you ❤️ merchants, Don't forget to download the Marco Coino app (iOS/Android)! Your next BCH merchant might be just around the corner!

    Posted: 02 Apr 2019 11:57 AM PDT

    This is what winning looks like (BCH fees all under a penny compared to BTC, ETH, LTC)

    Posted: 02 Apr 2019 07:50 AM PDT

    Looking for Bitcoin speaker for panel discussion in SF - April 10th

    Posted: 02 Apr 2019 10:07 PM PDT

    Hello r/btc!

    I'm a crypto impact investor putting on a panel discussion in SF on the differences between BTC, BCH, and BSV and looking to have a speaker from each chain for an event next week. More info about the event can be found here: https://www.facebook.com/events/425813918193694/

    If you are, know, or can recommend a good speaker to represent BTC I'd love to hear from you via the thread or DM.

    Thank you!

    submitted by /u/soccerguy12093
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    BTC fees a dollar for next block ����

    Posted: 02 Apr 2019 06:25 AM PDT

    If people buy a crippled coin just because it has the name "Bitcoin" - it shows how early in the game we are...

    Posted: 02 Apr 2019 09:17 PM PDT

    People today seem to understand that more memory is better for their devices, more storage, more resolution...even if they are not technical experts. With each news story, more and more people will hear about Bitcoin and it becomes less and less exotic over time. It will seep in that this is something that they might like to learn more about.

    submitted by /u/mrtest001
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    Bitcoin without transactions is effectively a webpage listing balances we agree upon that doesn't accept new members.

    Posted: 02 Apr 2019 02:36 PM PDT
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