Quote from: flynn on November 16, 2017, 09:09:35 AM

Where are the BCH boyz ? They seem quiet lately

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Quote from: GHCoins45 on November 16, 2017, 03:48:21 PM

Hey guys, maybe someone can make me understand
Do you think we will be able to use BTC in a couple of years to buy for example coffee?
The real question is, the minimum fee we can pay is 1 sat, there is nothing less than 1 sat, right? but if in the next years 1 sat = $2/3, the fee will be as expensive as the thing you wanna buy (coffee). I don't like this BTC = Gold/store of value, I want to use BTC for my everyday expenses.

If lightning ever works as claimed, then probably. If not, you might want to look into Bitcoin Cash. At this moment, fees on Bitcoin Cash are 2350 times (!) less than those on Bitcoin Segwit (cashvscore.com). Less than a half-cent per average transaction.

Quote from: Torque on November 16, 2017, 03:53:26 PM

Find me even 10 coffee shops on the planet that accept bitcoin and then we can start talking.

They used to be around. Then fees rose. And people stopped using Bitcoin for day-to-day purchases. Shame, that.

Quote from: European Central Bank on November 16, 2017, 04:51:37 PM

https://www.reddit.com/r/CryptoCurrency/comments/7dd43h/bch_has_a_problem_clashic_is_alive_replays/

bcash might have a little problem.

Precisely. A little problem. Will it be ongoing? Magic 8 Ball says 'ask again'.

Quote from: rolling on November 16, 2017, 05:06:46 PM

https://www.cnbc.com/2017/11/15/thomas-peterffy-keep-bitcoin-away-from-the-real-economy.html

The chairman of Interactive Brokers is saying that futures trading of Bitcoin through CME could be the cause of the next financial collapse. He took out a full page ad in the Wall Street Journal to warn about it.

Though to be clear, his worry is not in regards to Bitcoin trading, nor trading of Bitcoin derivatives. He took great care to drive home the point that he thinks those are fine, and that he is even enthused about them. His worry is specifically that a single trading house might carry both those products, as well as more traditional derivatives, within the same business unit. For technical reasons that I am not sure I understand, he thinks that short positions might get in a state where they cannot buy to close their short (i.e. for a loss), and that this will spillover into the tradtional trading side, causing insolvency of the brokerage.

Quote from: itod on November 16, 2017, 05:28:23 PM

Why would lightning layer not be for the average Joe? It could be literally without fees if he and Starbucks agree there should be no fees.

No. It absolutely could not. The channel must be funded. This requires at least one on-chain transaction.

Quote from: rolling on November 16, 2017, 05:51:33 PM

There is no way the bitcoin network could ever scale (even with LN) to accommodate every person on the planet

Got any analysis to go with that bald assertion?