Bitcoin Chance of a Lifetime 2018
7 years ago in #bitcoin by tekspirit (32)
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Followed the white rabbit from memo.cash. ;)
you're the best, bitsignal!
what a rich post...thanks @tekspirit
✅ @tekspirit, let me be the first to welcome you to Steemit! Congratulations on making your first post!
I gave you a $.05 vote!
Would you be so kind as to follow me back in return?
Very interesting points. Will have to do my research on this. Thanks for sharing!
I am honored to have you read and contemplate my post - let me know if you have questions.
I don't agree: "bitcoin actually changed its name to "Bitcoin Cash""
There are two bitcoin forks at present, so you are correct in thinking either one is bitcoin. To really know the future of each fork, you'd need a deep grasp of the whitepaper, networks, and the tech that is being put into each of the two forks. That's why you'll hear "bitcoin core", or "bcore" and "bitcoin cash".
You really presented the facts quite plainly. It's really hard to figure out which side you're trying to push... /s
Otto, let's bring both camps up to 1,000 transactions per second...this will be the first test of bringing mass adoption to the world. Right now, even the lightning fee of $1 on average means BTC is not useful for buying a coffee, or performing micro-loans in Africa.
sarcasm i hope...
real world utility for everyone, anywhere....
souns like somones heavily invested in BCH...
or someone who actively lives their life using BCH
True, likely the former though. I'm always very skeptical about crypto adivce these days.
A skeptical mind is good as it is coupled with strong analytical skills and ability to detect bias (to be impartial). BCH is quickly becoming a part of many lives, and BTC remains an investment choice for those that like to hold assets.
Does this mean BCH is better than bitcoin
You'd have to define what "better" is to get a good answer. One early sign is micropayments on BCH...people are sending each other 10 cents, like at free.bitcoin.com ( a faucet). memo.cash requires micropayments (less than a penny usually) to post a message on the BCH blockchain...both things are not possible with bcore at present.
thank you for replying to my queries
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Bitcoin is on its way to becoming mainstream. Today, most of the Bitcoin exchanges accept many types of payment. The real problem is how to trade and how to earn?You can try:
info @ http://bitcoin.zukul.info/
Great post on BCT and BCH and where it is going. You knowledge is very valuable in this regard. Keep it up.
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Hey,
Excellent Post- I learnt a great deal about Steeming from you I one go!
I am brand spanking new to Steemit, and your feedback and support would mean the world to me.
I have a new, potentially controversial post out: Hypocrisy in the Cryptocurrency Universe and why the Financial Industry loves it
https://steemit.com/bitcoin/@shenobie/hypocrisy-in-the-cryptocurrency-universe-and-why-the-financial-industry-is-loves-it
Your feedback would be awesome
@Shenobie
Good explainantion
Thank you. If you have any questions, post them here and get the answers you seek.
how about the Bitcoin Cash 4x Hardfork that will be held in 15 May?
The 32MB blocksize hard fork on May 15 is one of the hard forks planned every six months with bitcoin cash, and is done to support the ability for smart contracts being introduced as well as the commerce initiatives underway in developing parts of the world. As you may well know, increasing economic freedom is a key step to a better life for everyone on the planet, and that is bitcoin cash's mission.
let us together to mutually vout blog each other @ zuhrafriska
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