• explodicle@sh.itjust.works
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    5 days ago

    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.

    • tuskerOP
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      4 days ago

      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.

            • tuskerOP
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              2 days ago

              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.

              • explodicle@sh.itjust.works
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                1 day ago

                No it’s not. I’ve never paid $5 for a transaction in all these years because that is not how the mempool works. Here’s a screenshot from literally right now with it cranked up all the way to next block. Whoever is saying $7 above is deliberately misleading you.

                0-conf was never secure; you guys just declared it so because you have no L2.

                Bro. It’s nearly a decade later. All time high. LN is working. Gresham’s Law still exists. It sucks to get scammed but we’d love to have you back. You don’t have to do this to yourself.