I don't care for having the last word.
Okay then you were attacking Roger Ver in your comments, but in the following video he articulates a very compelling and simple reason why BCH is superior:
https://youtu.be/cJAAMtqXc5I?t=181Its a fact which I have stated many times. LN payer cant send to everyone who has a BTC address. First the recipient must open+maintain a channel (which doesnt scale well and will essentially end up as fractional reserve Mt. Box hubs). BCH payer can send to anyone who has an address and it has MUCH lower fees right now.
Pontificate about future scaling as much as you want (neither scale decentralized!) but here and now, Ver is factually correct.
P.S. given the potential gain for BTC from the current level is ~3X (or maybe 5X at an extreme to $100+k), the altcoins are likely to moon soon and gain on BTC, because most of them have 10+ X gains potential before the next crypto winter.
As for the extreme volatility of BCH, its likely because of all the n00bs who dump it for BTC because they want to donate their BTC to SegWits pay to anymore (but they dont realize this yet like most sheep they will fall over the cliff together because theyre only aware of what theyve been told which is to stay focused on what the other sheep are doing).
BCH spikes because the BTC mining difficulty resets too high (and wont reset for at least 2 weeks or even longer as the hashrate leaves and block period slows down), then as BTC declines in price, it is more profit to mine BCH and this can lead to a spiral over a multi-week timeframe because the block periods on BTC can become much longer than 10 minutes if most of the hashrate moves over to BCH.
They care just about bitcoin cash anyway...
Thats not analysis. That is sheep behavior.
Ya this is what I don't get about LN. It might be great for certain things, but doesn't seem that practical. Also, if you need to open a channel using BTC on chain and given that fees could be very high, then how would that even be remotely useful? You're not gonna perform a few micro transactions by first having to perform a $50 on chain transaction.
Users will signup at Mt. Box banks for a fractional reserve account.
And imagine when all that SegWit shit is stolen and all the fractional reserve accounts go poof! Will teach that n00bs about the death of the fractional reserve banking system, so they can learn what cryptocurrency really is!
Regarding everyone supporting Core, thus Core must win. The majority has to be wrong most of the time. The question is just when do they get pushed over the cliff. For Europe, that is coming very soon. For SegWit, maybe not until 2019 or so.
Do you now understand why my project is still not too late?I know Ver says this over and over about how BCH has low fees, but how is that an argument? Almost every alt-coin out there has low fees because nobody is actually using them and so blocks aren't close to full. When 8 MB blocks are full it will be the same story again, no?
Theyve committed to being the scaling coin, so they dont anticipate political problems with increasing the block size. Of course if true, that means its centralized, but so is every coin. Who cares about the future. Everything will change. Here and now, BCH has lower fees (and doesnt have the one confirmation
block period slowing down to MUCH higher than 10 minutes, irreparably for more than two weeks).
Its the only exact Satoshi protocol blockchain (except for the larger blocks) with major miner support.