The miners are just waiting for BCH to recover and they will jump over to it ASAP. The future of BTC is shaky because it will require crazy price increases to be sustainable due to the sabotaging of the tech rendering it useless as a currency. BCH can process millions of transactions per day which will sustain miners in the long term.
As long as BCH upholds the original design of Bitcoin, which is peer to peer decentralized e-cash then it has not failed. BTC has already failed in that purpose. When will you admit this?
BTC fees shoot up every couple months and it becomes completely unusable and you just have to wait a week for it to clear out, this is a currency that has failed. The price mania is fueled by people who have never sent a bitcoin transaction, they just hit the buy button on an exchange, they do not yet realize what they are buying is a fake. Eventually reality will set in when BCH dominates the transaction volume and it becomes obvious that BTC is fool’s gold.
and sometimes it’s $5, then there is a requirement to wait for confirmations which BCH does not have thus makes payments instant as Bitcoin was designed to have. The point is BTC is crippled on purpose to be unusable as a reliable payment system as not to threaten the bankers monopoly over currency.
The miners are just waiting for BCH to recover and they will jump over to it ASAP. The future of BTC is shaky because it will require crazy price increases to be sustainable due to the sabotaging of the tech rendering it useless as a currency. BCH can process millions of transactions per day which will sustain miners in the long term.
What evidence would make you think BCH has failed and you might be wrong about something? Fewer than [some number] on-chain transactions per year?
As long as BCH upholds the original design of Bitcoin, which is peer to peer decentralized e-cash then it has not failed. BTC has already failed in that purpose. When will you admit this?
Still works fine on my machine, and it’s gotten a lot more popular, so saying that it’s failed sounds pretty outlandish at this point.
Since I’m arguing that market evidence is useful, I would admit BTC has failed once BCH/BTC >> 1 for a few months.
BTC fees shoot up every couple months and it becomes completely unusable and you just have to wait a week for it to clear out, this is a currency that has failed. The price mania is fueled by people who have never sent a bitcoin transaction, they just hit the buy button on an exchange, they do not yet realize what they are buying is a fake. Eventually reality will set in when BCH dominates the transaction volume and it becomes obvious that BTC is fool’s gold.
Not really, no. I use my phone and cold storage all the time.
You were saying…?
On the Electrum client on my phone, it’s $0.53 for on-chain and basically free for LN.
and sometimes it’s $5, then there is a requirement to wait for confirmations which BCH does not have thus makes payments instant as Bitcoin was designed to have. The point is BTC is crippled on purpose to be unusable as a reliable payment system as not to threaten the bankers monopoly over currency.