Here is a version of the Blockstream koolaid deception and lies:
The above is how a Blockhead would spread disinformation and propaganda.
The truth is that SegWit was a change that violated the immutability of Bitcoin if it is assumed that miners will not treat the transactions as pay to anyone. The Real Bitcoin refuses to honor that change because it demands we do not fall down that slippery slope of mutating Bitcoin. Sostealing[accepting the donations] from the fools who pay to anyone is honoring the immutable protocol of Bitcoin. Yet a Blockhead would try to play politics and equate protecting the immutability with doing the opposite.
In-fucking-credulous!
And for a follow-up it, the propaganda gets even more twisted:
It is not a valid point. Those who make donations to miners in order to fund the blockchain are very generous and appreciated. Miners who honor Satoshis protocol gladly accept those donations. There is no lie/deception on their part. Blockheads are lying about the reality of what immutability means.
We can suppose his point is that two wrongs dont make it right or that stealing is always immoral. But it belies an understanding of contract law and reality. The deception was initiated by Blockstream who made people believe that donations were transactions. Society cant function if we reward deception by giving retards and rapefugees a vote. If the protocol says one thing, and some fools do another thing, they are culpable, not society.
n00bs have no clue.
They want transaction scaling on the reserve currency of crypto which makes no sense because it violates the immutability and sacrifices security which are the key attributes that gives the reserve currency its stature as compared to altcoins.
The transaction scaling is available on altcoins and on exchanges.
That n00bs think SegWit is better because it adds more features exemplifies how they are technologically ignorant sheep who wilfully (boisterously and even belligerently) want to be deceived into to making donations to the miners as I explained in my prior post.
BCH gave the n00bs what they wanted which is an increase in block size (some fixed amount of transaction capacity increase), without destroying the security as SegWit does. It is at a higher stature as any other airdrop, because it has the backing of the large mining cartels. It is probably just a decoy and not superior to the The Real Bitcoin (TRB = no SegWit), but it is certainly better than the SegWit insecure crapola which encourages users to spend their transactions to pay to anyone on TRB (aka BTCSatoshi) protocol which will probably ultimately prevail.
That is what they said when LTC was at $6 and they also said WTF? when Byteball was $1 million marketcap and I recommended nibbling on it.
How about we wait until the end game to take an accounting? By my book, I am already at 100X gains since the start of this year in terms of my speculation recommendations.
Btw, a phase transition mooning is the time to sell, not the time to buy. But please do buy more BTCSegWit at $8000, lol. (And please tell us about it boastfully while pounding your chest)
P.S. $5600 to $8000 is < 50% increase. $240ish to $1000 would be 300+% gain. Buy low, sell high.
Presuming the community of whales would not accept the TRB, then BCH is the closest to BTCSatoshi of any fork thus far.
SegWit is not even close to being Bitcoin, unless we assume the SegWit transactions are donations to miners. In which case, yes SegWit is Bitcoin and it is a donation system which Blockstream created so that all the n00bs can be stripped of their BTC in the form of donations to miners.
SegWit2X is probably deleterious. It splits the SegWit supporters probably causing some of them to fight each other and/or confusion. (getting them to split their mining resources probably helps with any future attack on one of the two forks)
Bitcoin Gold is not Bitcoin at all. It changes the proof-of-work algorithm which means it has no mining cartels of significance behind it.
BCH is the only semi-legitimate airdrop fork of Bitcoin. It provides a counter-correlated hedge against BTC peaking and then declining in price. LTC also provides this, and also offers SegWit for those who still think SegWit is important.
My expectation has been that BTC would moon first, then LTC, and then BCH.
SegWit will die a fiery death. And Bitcoin gold will be insignificant.
Hopefully at the end of all this BTC = TRB (aka Satoshis protocol with no SegWit). A block size increase or not is okay with me, but no increase is better for protecting immutability.
Wouldnt that indicate it is the most counter-correlated to BTC
Arent we supposed to buy what is panic sold and sell what is panic bought
ftfy.
I agree all forks of Satoshis protocol must eventually die, including BTCSegWit and BCH. But the question is what happens between now and that final outcome.
Dash is a masternode obfuscated centralized controlled scam.
Litecoin is SegWit.
Neither of which have Bitcoins airdropped distribution.
BCH is pure Satoshi Bitcoin (no SegWit) except with an 8MB block size and a faster difficulty adjustment. BCH is supported by the largest Bitcoin mining concern.
BTCSegWit is at $5700 nosebleed and is polluted with SegWit, no longer a pure Satoshi protocol unless we assume all the SegWit transactions are to be double-spent as future donations to the miners.
Please be factual in your statements.
Are you going to take profits out of BTCSegWit at $6000+ into LTC, NEO, ETH, XMR which are all near an ATH or into BCH which is near an ATL Seems like a no brainer decision to me. I like to sell high and buy low.
The best speculators buy when everyone else is panic selling. Im hoping for one more leg up in BTCSegWit and one more leg down in BCH.
EDIT: it should be pointed out that miners have an incentive to support a non-segwit chain increasing the max number of BTC to 42 million even if there is no chain reorganization, because they can attempt to take that ongoing SegWit value increased block rewards for themselves, because as viewed from Satoshis protocol, this is a pay to anyone transaction]. A chain reorganization An increase in the mining rewards is a way to capture booty and lock miners into the fork with the incentive of the booty to jumpstart the consensus around taking SegWitincreasing rewards for the miners. So it is not quite accurate to state that SegWit Increasing the max number of BTC to 42 million requires a contentious fork. It merely requires that miners act in their best interests to "protect Satoshis protocol and the immutability and security of Bitcoin for the maximum long-term value of their hardware investment", as well as maximizing their profit in the short-term.
The above is how a Blockhead would spread disinformation and propaganda.
The truth is that SegWit was a change that violated the immutability of Bitcoin if it is assumed that miners will not treat the transactions as pay to anyone. The Real Bitcoin refuses to honor that change because it demands we do not fall down that slippery slope of mutating Bitcoin. So
In-fucking-credulous!
And for a follow-up it, the propaganda gets even more twisted:
Quote
It was a lie, which was kind of the underlying point.
It is not a valid point. Those who make donations to miners in order to fund the blockchain are very generous and appreciated. Miners who honor Satoshis protocol gladly accept those donations. There is no lie/deception on their part. Blockheads are lying about the reality of what immutability means.
We can suppose his point is that two wrongs dont make it right or that stealing is always immoral. But it belies an understanding of contract law and reality. The deception was initiated by Blockstream who made people believe that donations were transactions. Society cant function if we reward deception by giving retards and rapefugees a vote. If the protocol says one thing, and some fools do another thing, they are culpable, not society.
Of course this was as expected the bitcoin community dont want any new token that is a copy paste of bitcoin in the this businesses is nothing without there customers the users clearly choose bitcoin instead of BCH that is fijded centralized corporate entity. This will become another airdrop a free money for bitcoin investor and then convert the new token to bitcoin, well be seeing some bullish price again.
n00bs have no clue.
They want transaction scaling on the reserve currency of crypto which makes no sense because it violates the immutability and sacrifices security which are the key attributes that gives the reserve currency its stature as compared to altcoins.
The transaction scaling is available on altcoins and on exchanges.
That n00bs think SegWit is better because it adds more features exemplifies how they are technologically ignorant sheep who wilfully (boisterously and even belligerently) want to be deceived into to making donations to the miners as I explained in my prior post.
BCH gave the n00bs what they wanted which is an increase in block size (some fixed amount of transaction capacity increase), without destroying the security as SegWit does. It is at a higher stature as any other airdrop, because it has the backing of the large mining cartels. It is probably just a decoy and not superior to the The Real Bitcoin (TRB = no SegWit), but it is certainly better than the SegWit insecure crapola which encourages users to spend their transactions to pay to anyone on TRB (aka BTCSatoshi) protocol which will probably ultimately prevail.
Lol at Hyperme.sh posts above. BCH supporters talking like crazy nutcases now that Bitcoin is mooning while the dumping of BCH continues.
That is what they said when LTC was at $6 and they also said WTF? when Byteball was $1 million marketcap and I recommended nibbling on it.
How about we wait until the end game to take an accounting? By my book, I am already at 100X gains since the start of this year in terms of my speculation recommendations.
Btw, a phase transition mooning is the time to sell, not the time to buy. But please do buy more BTCSegWit at $8000, lol. (And please tell us about it boastfully while pounding your chest)
P.S. $5600 to $8000 is < 50% increase. $240ish to $1000 would be 300+% gain. Buy low, sell high.
BCH is Bitcoin. SegWit is not Bitcoin.
Presuming the community of whales would not accept the TRB, then BCH is the closest to BTCSatoshi of any fork thus far.
SegWit is not even close to being Bitcoin, unless we assume the SegWit transactions are donations to miners. In which case, yes SegWit is Bitcoin and it is a donation system which Blockstream created so that all the n00bs can be stripped of their BTC in the form of donations to miners.
Bitcoin cash may reach single digit when new coin introduce after next fork
SegWit2X is probably deleterious. It splits the SegWit supporters probably causing some of them to fight each other and/or confusion. (getting them to split their mining resources probably helps with any future attack on one of the two forks)
Bitcoin Gold is not Bitcoin at all. It changes the proof-of-work algorithm which means it has no mining cartels of significance behind it.
BCH is the only semi-legitimate airdrop fork of Bitcoin. It provides a counter-correlated hedge against BTC peaking and then declining in price. LTC also provides this, and also offers SegWit for those who still think SegWit is important.
My expectation has been that BTC would moon first, then LTC, and then BCH.
SegWit will die a fiery death. And Bitcoin gold will be insignificant.
Hopefully at the end of all this BTC = TRB (aka Satoshis protocol with no SegWit). A block size increase or not is okay with me, but no increase is better for protecting immutability.
Nope, not all the altcoins are going down. It is just bitcoin cash which is about to die very soon.
Wouldnt that indicate it is the most counter-correlated to BTC
Arent we supposed to buy what is panic sold and sell what is panic bought
There was a time when people thought that it was going to defeat bitcoinSegWit and restore The Real Bitcoin.
ftfy.
It should die. It's taking up good capital. Dash and lite coin have already accomplished everything that it could hope to do.
I agree all forks of Satoshis protocol must eventually die, including BTCSegWit and BCH. But the question is what happens between now and that final outcome.
Dash is a masternode obfuscated centralized controlled scam.
Litecoin is SegWit.
Neither of which have Bitcoins airdropped distribution.
BCH is pure Satoshi Bitcoin (no SegWit) except with an 8MB block size and a faster difficulty adjustment. BCH is supported by the largest Bitcoin mining concern.
BTCSegWit is at $5700 nosebleed and is polluted with SegWit, no longer a pure Satoshi protocol unless we assume all the SegWit transactions are to be double-spent as future donations to the miners.
Please be factual in your statements.
Everyone is expecting profits from ethereum, monero, neo, waves, litecoins and it will happen.
Are you going to take profits out of BTCSegWit at $6000+ into LTC, NEO, ETH, XMR which are all near an ATH or into BCH which is near an ATL
Seems like a no brainer decision to me. I like to sell high and buy low.The best speculators buy when everyone else is panic selling. Im hoping for one more leg up in BTCSegWit and one more leg down in BCH.