Short distinction between Bitcoin, Bitcoin Cash and Bitcoin Gold (and Bitcoin United) for all the noobs, since I had to waste my time collecting this info across the web:
1. Bitcoin Cash is the real Bitcoin after the hard fork. The new Bitcoin (called Segwit) abandoned signatures, which are vital to be a real Bitcoin (as per definition in the Satoshi Whitepaper)
2. Bitcoin devs told that they don't care whether transaction fees reach hundreds of bucks. Its a fact that if you send 20$ right now, you'll probably pay 15$ in fees alone. The devs really think that Bitcoin is more of a value storage like digital gold instead of a currency.
Bitcoin Cash has reduced the fee to a fixed 0.01$ fee and has much higher transaction/confirmation speed.
3. Bitcoin United was founded by a Bitcoin dev, who recognized the Segwit failure and started his own coin called Bitcoin United which is already trading at around 300$
4. Bitcoin Gold has basically scammed people by deliberately putting a bug into their code, which led to huge amounts of Bitcoin Gold and other cryptos being stolen when users visited an endorsed online wallet provider. just google Bitcoin Gold Wallet Scam
All in all: Invest in Bitcoin Cash if you intend to use bitcoin instead of speculate on it
To the dude spamming threads with ripple: no ripple won't really be a rival since using cryptos was intended to be decentralized and free from any banking or gov influence
If you were going to start with 10k usd how would you invest it? Would you buy any ripple?
Zachary Ortiz
I would look into NAV (www.navcoin.org). It's currently values at USD$3 but its worth a lot more.
Nathan Hernandez
Crypto currencies are a sham and it will crash into nothing in a year or two.
People are building the hype to form a bubble and operate under the impression that it's scarcity is real. Just about any code and any digital algorithm can be copied or faked.
If crypto currency was even remotely viable they would just put massive super computers on the task create as much as they felt like, even if the code got harder to gnerate, governments would exploit it and fake the wallet update signals.
I guess what people are doing is smart. Getting their hype and sales in before it crashes.
Joseph Young
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Luis Sullivan
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Andrew Anderson
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Owen Fisher
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Benjamin Bell
Who cares about your nerd coins lol post traps or something faggot
Xavier Foster
what the fuck are those scales >2 mins longest bar >66 minutes smaller than 58 minutes
Easton Taylor
>Bitcoin Cash is the real Bitcoin after the hard fork What, you mean the fork that isn't doing as well as the original blockchain, that is worth less and that the major exchanges like Coinbase refused to even acknowledge at first?
Fuck Bitcoin and all it's forks. Ethereum is the future. Faster transaction speeds and lower fees compared to ETH. Smart contracts. Interest from the banking sector (see the Enterprise Ethereum Alliance). Bitcoin is only being held up by name recognition at this point. Ethereum actually has good technology behind it.
Evan Perez
> Earn Bitcoin for watching videos or filling in surveys > Free coin/tokens from airdrops > Free Litecoin cloud mining (don't waste your own resources) > Win Bitcoin & Ethereum from free spins every 3 hours > Get paid in Bitcoin to watch ads.
do not worry, money skeleton will teach the world of His way soon. thank you, money skeleton
Thomas Edwards
well OP, if you want to be explaining stuff to us, tell me the cost of a segwit transaction.
because if as you say segwit is so terrible, and tps & transaction cost are the main factor that we should judge upon, why dont we compare the numbers?
Chase Bell
I'll buy 500€ woth of ripple during the next 12 months. I think It'll be huge once all the major banks get on in in 2019
Austin Gomez
bitcoin united will incorporate smart contracts. people are still believing ETH is the only one with that feature
Adam Myers
except that banks.. will use ripple without ever touching XRP (which is just a trick by the involved companies to collect stupid crypt-newbie money and serves exactly zero purpose)
Sebastian Anderson
I agree with that. it's mostly a speculative thing
Levi Jackson
ETH has a working node & compiler in multiple programming languages, properly tested and well documented. every other crypto chain that tried to implement a script language more complex than bitcoin.. failed. that shit is not trivial to implement and theres exactly zero programmer teams out there that even get close to what ethereum has in terms of qualified technical staff.
Julian Diaz
>it's mostly a speculative thing by that logic all ponzi schemes are speculative
Sebastian Mitchell
you're right
Colton Sanchez
OP = liar liar pants on fiar
>Segwit abandoned signatures segwits makes signatures immutable, thus abandoning an old signature and replacing it becomes impossible >real Bitcoin (as per definition in the Satoshi Whitepaper) satoshi himself coding a number of the features required for segwit the main reason it was possible to implement segwit as a soft fork >Bitcoin Cash has reduced the fee to a fixed 0.01$ bch fees are affected by *exactly* the same factors btc trasnaction fees are. they happen to be lower right now, though at no point lower as low as 0.01$
Cooper King
>Not using monero smh noobs
Jason Rodriguez
wait what? bitcoin actually forked? there are transaction feels?
i made a shitload from it like five years ago and haven't paid much attention since besides checking the price a couple times a year.
Robert Flores
its like the 10th fork first time a fork stays at >10% value of the the original though, so worth keeping an eye on it. obviously it wont be the new "real bitcoin" because well if you get any more inept developers than bitcoin you simply cannot maintain the software. but the things they are trying.. a good indicator of what the user base wants and thus where bitcoin itself might be going soon
Joseph Gutierrez
thank
Caleb Cox
Fuck bitcoin CASH.
Jayden Carter
get in here m/b/ro
Cameron Brown
You have no clue what you're talking about yet your mouth is still moving.
Bentley Evans
To be fair Eth isn't really a currency. But yeah, Ethereum is the future.
Luke Moore
you're welcome my friend
Jordan Lopez
bitcoin is deflationary, not inflationary like fiat. you can't use the term "bubble" for bitcoin
Parker Bailey
I know way more than you think faggles.crypto currencies will prove unreliable and nonsecure. Give it a few years.
You kiddies on here seriously. It's like Microsoft came out with windows and people profess that it's locked up too tight and not open source, therefore it can't be pirated or hacked. It's just time.
Jackson Rivera
A bubble is whenever it's value is spiked over its intrinsic value. Which is obviously the case. It's scarcity is a sham that will play out before long.
There's only one valid crypto. I remember in 2013 when there used to be tons of dogecoin threads on Sup Forums. Wtf happened.
Levi Thompson
Idiots not understanding basic economics and following the next shiny thing mostly
Oliver Morales
the meme has died. also dogecoin is inflationary which explains its bad performance
Gabriel Parker
could you explain how exactly it is "trash"? it's literally faster and has much lower fees. maybe its trash for the miners but not for the users.
Jaxon Hernandez
"Literally faster" lmfao NO ONE CARES about faster/cheaper than poorfags. Roger Ver's niggerisms *make* people stay poor.
But by all means let's learn economics from an ex-con.
Michael Barnes
bCash devs have spent the last year or more jerking off to buzzword porn in r/btc while not having any idea how to make anything actually work.
Gavin Lopez
Not the same guy but they're in a lose lose situation. Either they replace bitcoin and prove that all the coins are interchangeable and thus not a store of value, or they don't and fail because they can't survive as a lesser-used clone of bitcoin.
