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Showing 9 of 9 results by billoggates
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Topic
Board Marketplace (Altcoins)
Re: Neo - gas is MEW gas?
by
billoggates
on 18/09/2017, 14:56:56 UTC
I believe that is correct. Here is more information friend Smiley https://coinmarketcap.com/assets/gas/
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Topic
Board Speculation (Altcoins)
Re: BCC/BCH
by
billoggates
on 19/08/2017, 19:52:29 UTC
Is bcc/bch will pump its price to the moon like btc?
LIKE BTC?

BCH is not in anyway comparable to bitcoin. BCH is just another altcoin which has its own market. What all popularity it got by splitting off from Bitcoin is over. Now, some bulk holders or pump groups are pumping the coin and there is no solid reason behind the price increase. Thus, it will dump soon. Many have already forgotten about it.

As far as I am aware, and please correct me if I am wrong, but isn't really the only difference that BCH has 8MB max block size(actually it can be more if nodes/miners agree).

How exactly is it an altcoin when it does on-chain scaling? I would be interested to hear more about this as I haven't kept up on it to be honest.

I understand the majority here hates BCH, but I can't really understand why. Isn't it a good thing they split off from us and they can go away now?

It's an altcoin because it's just a hard fork that replicates the UTXO set. Most people realize by now that "on-chain scaling" includes Segwit's block size increase (and future optimizations like signature aggregation), so they realize fixes are on the way and Segwit will soon be usable.

Long term, sure, it's good if the BU crowd splits off. But if the split is significant, it could significantly hurt the combined market cap, given Metcalfe's Law.

I think a split is bad although we've seen from BTC / BCH and even ETH / Classic splits that the total market size is often larger post split than pre-split. If you hold your coins right / you're golden. Now with that said, I still think it's bad for the community and project as whole. Allow me to explain, the average user isn't trying to keep up with all this tech nonsense. Their money split in half!? OMG?! They don't get split chains and duplicate chains and exchanges and what not... we gotta be focused on simplifying things not making em more complicated.
Post
Topic
Board Altcoin Discussion
Re: Bitcoin Cash to the moon? [UPDATED: Lost money I feel stupid]
by
billoggates
on 19/08/2017, 19:38:07 UTC
LOL Good story

BCH Is gonna die once ViaBTC gets off his high horse. I don't think Satoshi would appreciate what he's doing either by ripping this community apart. We could be all celebrating $5K BITCOIN (CLASSIC OR CASH OR WHATEVER) b/c it wasn't from a centralized bank! But now we're arguing over block size. Good job guys surely this won't alienate all those in the community who aren't tech savvy and the millions of folks that aren't tech savvy and haven't adopted yet!

Bottomline, the market will decide who wins and loses with BTC and BCH I just hope the fuckers looking to hard fork bitcoin in November stop spiting this community further. It won't survive X number of splits...
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Topic
Board Politics & Society
Re: Is taxation theft?
by
billoggates
on 10/08/2017, 01:25:46 UTC
No more than it is theft for you to drive down a toll road and not pay the toll. Or utilize the water system when you didn't help build it or better yet access the internet when how much did you help build those? Even the water company and telecommunication company you pay each month to use that service more than likely didn't invest in the system you're using, they simply maintain it and are regulated not to charge you an arm & a leg to do so.
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Topic
Board Altcoin Discussion
Re: Do you still support Ethereum?
by
billoggates
on 10/08/2017, 01:11:04 UTC
I still think this is a great option for folks. It's got the smart contracts, which frankly needed to be buttoned up a little bit further. Ethereum has such a large community behind it that I think it'll be a long time before it loses enough support to hit some form of critical mass and the price collapses.
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Topic
Board Altcoin Discussion
Re: Which cryptos to buy now ?
by
billoggates
on 10/08/2017, 01:03:37 UTC
Check out RDD, it's an oldie but goodie coin which has recently been on a good cheap rise spree. If you prefer something a little larger in market cap then I'm still a fan of Ethereum. It's been down from the high of $400 it had a few months ago but I think as of today it was at $275, on it's way back up.
Post
Topic
Board Altcoin Discussion
Re: NEO vs GAS?
by
billoggates
on 10/08/2017, 00:53:04 UTC
Thanks everyone for explaining. I just transferred my NEO off Bittrex and put it in a Neon wallet. It will give me gas now  Grin

Yay me too! Thank you for explaining prolly saved me some good money in the long run friends. Cheers!
Post
Topic
Board Announcements (Altcoins)
Re: Coinless. The cryptocurrency that replaces the Venezuelan national currency ICO
by
billoggates
on 10/08/2017, 00:39:02 UTC
website error and I think your founder list are all folks that weren't around when the internet was invented? I like the concept though =\
Post
Topic
Board Off-topic
Re: Do You Waste Your Life On The Internet?
by
billoggates
on 06/08/2017, 22:33:06 UTC
Yeah I spend a good 85% of my day on the internet. I don't think it's a waste though. Goodness, it's far better than dealing with people all day long! Ha! Tongue

There's times where I waste my time online though like when I spend time chit chatting on here with the /off-topic/ channel while I wait for something else to happen in life Tongue Cheers!