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RE: 5 days ago i said of BCC/BCH News.. Now they killed BTC in Trading Volume!

in #bitcoin7 years ago

yes @kingscrown i have read an article after the 1st august said that the original holders(miners) of btc will not follow the sigwit and they will fight and mine for bcc which will cause an instability in the markets ..and now we can see the result ...thank you for your post bruh!

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I am an original holder and miner of BTC. I am not a whale like Roger Ver, more of a dolphin, but I personally support Segwit or Segwit2X, I am fine with either. I have been sitting on my BCH since the fork, but will be dumping all of it very soon due to this insider trading pump scheme. 8MB blocks with no Segwit is not something I want to be involved in. The blockchain size will grow too large, too fast, and they still have the ASICBOOST exploit on their chain.

@conspiracy-guy makes some very valid points. I mean come on, who are we fooling here?
Even Stevie Wonder can see that this pump is complete fuk-ery.

Hi - can you please explain what the ASICBOOST exploit is? Thanks so much!

Especially when the market cap of BCH is from 10 billion new dollars and hovering at 15 billion while the BTC market cap went down by 4 billion hovering at about 66 billion. It look just like bch is a pump that has no other clear future other than to be dumped.

I can't believe people are still talking about ASICBoost. It's a non-issue that was blown way out of proportion to use as a red herring to distract people. And 8MB blocks certainly won't grow the chain too fast; if the network was at capacity and every block was actually 8MB, that would grow the chain at a rate that keeps pace with growth in storage tech, rather than one that lags behind. Segwit is completely unnecessary, which isn't to say that a malleability fix isn't necessary - it is. The only reason SW could possibly be preferable to FlexTrans is because it's (a hardfork disguised as) a softfork, while FT is a hard fork. To any sane person with an understanding of the underlying technology, the technical debt introduced by SegWit cannot be justified by the perceived safety of it being a softfork.