Bros....my FOMO is building....should i buy in?

so bcash is safer now?

interesting af, what else do you know?
what is your prediction of what will happen? when bull etc?

Don't do it! Stick to the strategy of btfd.

Implying the LN didn't solve the issue last year.

Not now but if the network bottlenecks and segwit adoption keeps increasing at a low rate bcash will be king.

Bitpay is still the biggest payment processor for merchants in the cryptospace and accepts both btc and bch.

With 100% segwit wallets adoption btc can do 800k tx per day.

BCH can do 24 million per day and litecoin about 20 million per day.

BCH not safer but not dangerous it´s the same with less hashing power and thus more risk of 51% attack but that´s the same for all altcoins or bcash.

A collapse by the mid next week when fees reach 15 usd per transaction then a bear market until late june.
Then we literally moon to 150k by end of 2021.

Litecoin and BCH will moon too but specially bch since it will have it´s halving with days of difference of BTC , so if btc is bottlenecked by that time bch will give better earnings than btc and may overtake it.

That said expect the earnings with bch to be more than btc if investing but btc will surpass 25k perhaps unless veriblock niggers increase spam and bch surpasses bitcoin.

People attack roger ver when fees are low , but when they become 15 usd per transactions they get banned from /bitcoin for wrong think and bch increases.

The civil war that started in the hard fork of 2017 will be decided in the coming year and maybe bch surpasses bitcoin.

To use lighting network you need to open a channel in the blockchain , let´s assume you are opening one for the minimum cost of 1 satoshi.

That means that at the moment it will take about 2 days.
Of course LN would solve everything since everyone would just be opening channels to pay doing 1 sat fees.

That was until veriblock niggers appeared , in one fucking week their mainnet has increased fees from literal 0.001 cents to 1 usd and by end of the week they will be around 5 usd.

Keep in mind that i only own btc and never used bch.
But this is going to fuck everything , worse segwit adoption is too fucking low and we are at a max of 420k tx per day instead of 800k.

Good stuff. Yeah the main worry of bch is it being centralized and most of it held by a group of scammers. However btc has faced major issues before with tx congestion which cause mini bear markets years ago.
At the end the best and most convenient tech will win, it's just a matter of time which group decides to get more greedy and fuck up their respective blockchain. If nothing changes than bch might come out on top since current btc can't handle itself on this volume.

thanks for sharing your insights user, you really seem to know what you're talking about. how do you know of the spamming and all thst are you kind of a BTC OG or early adopter?

would like to know this too

>Good stuff. Yeah the main worry of bch is it being centralized and most of it held by a group of scammers

You can check the main mining pools here

coin.dance/

The centralization of bch is not as bad as it´s said if it were the main coin it would be the same than btc.

Regarding the scammers , yea it´s a little shaddy but they have to play politics in forks becaue the hash rate is so different than anyone can do a 51% attack , look at the bch abc vs sv shit , literally mining pools shilling against each other.

It´s just part of the game.

Unironically was an early that did not invest back in 2011 all i had because i lacked a bank account and my father did not let me use his because muh scam.
I swear that listening to normies is the worse think anyone can do.

That said while i want to kill my self for not being an early i started to use btc back in 2015 for real world payments(it was and remain cheaper than credit cards).
I used it to pay for providers and never holding , and i saw the bullrun from outside i swear i also want to kill myself from that, i would have made more from holding those btc than what i earned by paying to suppliers on btc.

Since i never invest or work on shit i don´t understand i decided to take things to next level and understand everything i could about crypto.

The btc problems are serious but it will not die , worse case it becomes the "gold standard" of the crypto world and a long term saving account safe from inflation.

BCH and LTC on the other way could change everything , LN too but not if veriblock spams their shit.

Lot´s of good things are happening in the cryptospace and if you know economics and see how well crypto is for 2020(economic crisis , elections , boomerapocalypse, QE infinity) you will realize that we will make it investing even in dogecoin.

The question now if not if you are going to make it , but how to maximize that and reduce the risks.

>witnessing a crash or a lift-off

you tell me user

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Regarding the spaming Veriblock is trying to do something called "Proof of Proof" which means they verify others blockchains in theory by adding others tx into btc blockchain since it´s the safest of all having the most hashrate and nodes.

So they relay transactions from other cryptos in theory and save those in btc.
Of course the motherfuckers are spaming the shit out of the btc network.

They are doing literally 45% of the transactions right now.

blockchain.com/es/charts/n-transactions?timespan=all

Check 2019/03/23 before they started their operations.
You will realize how dangerous this is for btc and how good it´s for bch and ltc.

Checked
Ok I'll be the one to ask it, what do you think about ChainLink?

Checked and kek'd. But for real, I may have to look at alternatives myself soon, the veriblock bs seems to really be pushing the nails in the coffin.

Please anons what's veriblocks ??

Kekd , every crypto that says smart contracts is a fucking meme.

Centralization has advantages in everything , and descentralization is pure disvantages.

The only reason btc worked is because people are willing to endure descentralization in international payments.

Basically no judge can stop the network for doing "illegal stuff" meanwhile you can´t do international transactions on south america , africa or asia because meme laws ,and i am speaking of legal transactions.

This is why btc grew , people are willing to endure the problems of descentralization in payments.

Even back in 2010 satoshi nakamoto was speaking that btc would even be good for things like porn were people would not be willing to pay with their cards.

bitcointalk.org/index.php?topic=671.msg13844#msg13844

It´s about enduring shitty wallets and slow transactions to do what otherwise would not be possible or would be undesirable.

Meme contracts are memes , contracts are forced by law otherwise they are not contracts at all.

I am in the same condition , i will try bch next week if possible to see how well it works with bitpay.

I am not going to wait until 50 usd fees appear again.

Instead of proof of work or proof of stake they are doing something called proof of proof , which means they protect altcoin networks that have low hashing rate by sending their transactions on the btc network.

Of course this is spaming the shit out of the btc network , sure they pay their fees ,but they send so many transactions they are starting a fee war to get your transactions processed in less than 48 hours.

Fees are rising fast and will be 5 usd by end of week.

how simple is it to buy red and sell green. No wonder yall broke

too late were going to 6.3k in the coming week or so

In the coming weeks the fees will be of 10 usd per transaction and it will go to 3500.

>economic crisis , elections , boomerapocalypse, QE infinity

I have heard this for the past 10yrs. Its gonna happen guys, next year! next year ! Yet 2020 is going to be THE YEAR.

In the past 10 years we had an incredibly recovery of the world economy(minus wages of young people).
If crypto prospered on itself on this conditions it will prosper even more in the next economic crisis.

i also learned about btc around 2012 and never got really involved fml. but that's life!

do you have a prediction for how high BTC price will go before it gets rejected? I mean before the start of the bullrun around june..

>what is speculation

btc/crypto is still struggling to even get a foot in the door of mainstream adoption.

I just FOMO'd in. Im not getting bogged r-right?

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>BTC price is based on utility and not pure unadulterated greed and hype
causal

BTC fees are over a dollar now. motherfucker

bitcoinfees.info/

No
As long as you're a bear right now you have time on your side
The bulls basically are tasked with sustaining an obvious fake whale pump as if it were real price discovery for at least the next 6-9 months straight without faltering
If they can't do that, we will fall down to more natural price levels

Hm I dunno, buying at price levels unseen for months the same day of reaching them?
Sounds good to me.

BTC has the perfect mix of "clean utility" & greed+fear . better than crack-cocaine

It´s not struggling , it was a meme years ago and now it´s priced 4 times de price of gold.

What this user said

Problem is that without the utility the greed means nothing , the fear starts to build up once you are holding 300 usd and the fees reached 50 usd at some point you have to get out or get bogged.

Yes , next week you are getting veribogged.

hi

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