"Will BCH kill BTCSegWit while reinstating BTCSatoshi?"
That is so laughable LOL.
Bitcoin is KING!
What is so funny is you think that the abomination which violates Satoshis immutable protocol and enables
SegWit to pay to anyone is somehow named Bitcoin.
Youre easily fooled by the optical illusions of a magician or politician.
Who anointed that SegWit shit to be the official Bitcoin? The economically irrelevant lunch money investing tyranny-of-the-mob users and the tyranny of bankster financed Core? Core might be just a misdirection plan to suck in all the fools who believe in democracy and tyranny-of-the-mob. In the end, the whales and miners will decide which fork is the real Bitcoin. Perhaps they patiently wait for the SegWit pay to anyone loot to pile up, get their new CME, CBOE, and Nasdaq futures markets ready for that SegWit shitcoin so they short the hell out of when they plan their massive theft of BTC and anoint the real Bitcoin while the tyranny-of-the-mob-believing fools with unwarranted high pride lose everything. My popcorn is still waiting
I would never design a crypto project wherein the individual users (aka the tyranny-of-the-mob) could vote or otherwise be involved in mutating the protocol. The users should only be able to enforce the protocol, and never mutate it. Because users are dumb and have many conflicting needs they want to meet, which may have nothing to do with objectivity, i.e. the reason democracy is a clusterfuck. Satoshi designed proof-of-work such that the miners and whales decide. Period.
BCH is going to be strong I think. I don't think BTC is meant to be a payment system and to new particlarly Asia newbie investers they look at Bitcoin Cash as a no brainer even though the crypto community hate Vers guts. I hated ETH and made the mistake of letting emotion affect my trading. Hugh Hendry admitted he lost a lot of money due to his anger at the FED QE rather than seeing the reality it brought.
On the mcap dominance chart, clearly BCHBTC is the most bullish over next months of the Top 10. Near-term this week, LTCBTC has already made its move headed back up to test 0.01 while BTC stalls < $11.5k for a couple more days at least. Looks like ETHBTC is also going to turn up and test its prior Nov peak as well, but not as certain. Over the next months, ETHBTC looks very bearish unless it has found a firm bottom in November, which is dubious. LTCBTC has to prove it can breakout over 0.01, else it too is not that bullish (although not as bearish as ETHBTC). BCHBTC might turn up a a little bit here, but looks like it is still in near-term bearish correction mode. At some point BCHBTC will find a bottom and reassert its aggressively bullish mode, but it could also launguish and decline much more first. So this is why at this time I hold mostly LTC and BTC, with a little bit of ETH and BCH. Eventually I hope to buy more BCH once I sense it is clearly closer to a correction bottom. I suspect LTC could move very quickly to $150 now especially if BTC stalls.
I still see no evidence that BCH will overtake Bitcoin, or even challenge it. It seems like Bcash has lost some of its steam the past week or so, but we will see in the future. The price increase several weeks ago was probably just Roger Ver and his millionaire buddies buying up all the supply. Everything about it is so sleezy, so I have a hard time believing the Bcash takeover theories. The free market will hopefully reject the scam at the end of the day.
The more and more Bitcoin forks that are made only helps prove that Bcash is an ALT coin with little value.
You were wrong when I predicted in this thread that buying BCH at $300 would soon go to $1500. And you will be wrong again. BCHBTC is the only token in the Top 10 other than BTC (note I have not analyzed BTG yet) which is bullish over the next months relative to BTC, in terms of the current chart picture.
How many of you ignored me when I said buy LTC at 0.006 and then it went to 0.022, and ditto again here in this thread for BCH at 0.05 just days before it went to 0.3+. That is like 24X more BTC yall could have had if you had listened to me. So who is loony?Heck even I dislike the EOS $2 billion money grab, I said to buy it at $1 a few weeks ago and now it is at $3.
Add this trade and that is 72X more BTC if youd not diversified (or still significantly more BTC even if you had diversified).
Core is no less sleazy. Core does have more expertise, but we do not need fucking expertise and instead need wisdom. We need for the mofos to stop mutating the protocol and bloating the reference code base with endless shit. The ecosystem should bit all those fancy wallets and shit. The reference implementation of the protocol should be as simplistic as possible so that more the protocol is clearly implemented. Then more sophisticated (e.g. more performant) versions in the free market ecosystem can test themselves against the reference protocol.
Once Lighning Networks make there way to existence, then I predict it will drop like a stone. There have already been successful payments through Lightning Network payment channels on the main chain (not on Testnet)... it's just a matter of time.
Once LN is live then not only with the SegWit loot of fools who will lose everything pile up much faster, but also all sorts of new attacks on Bitcoin because possible, such as flooding the system with transaction volume when settling in LN channels delayed and all-at-once by the Mt. Box nodes. More opportunities to front run the shorting on the upcoming CME, CBOE, and Nasdaq futures markets. You see the entire Bitcoin ecosystem system is yet another financial means for TPTB to steal everything from the people.
Democracy is a lie. Democracy exists to fool the masses into thinking they have rights. You have no rights. They own you.Satoshis proof-of-work does not scale
decentralized. Period. Not with LN nor with big blocks. The fight is over who will control it. Miners want big blocks and banksters want LN so they can do fractional reserve banking and take control over it.
It doesnt matter to me who will control it. I just want to make the correct investment decisions. And I would much prefer the stability of Satoshis immutable protocol than the potential creative self-destruction chaos (REKTing) of those Rube Goldberg machines created by Core in order to violate the entire principle of Satoshis protocol.
As for
the idealism of a truly decentralized protocol