I guess you'd love BCH then. 1/6th of the price, but transactions go through no problem.

Iota is free transactions afaik

who are must follows on twitter for blockchain related stuff?

You can view the commits here: https://github.com/btc1/bitcoin/commits/segwit2x

But it's all been written, completed and released awhile ago. Unless there's bugs found I don't anticipate any new code will be added. Garzik is not interested in maintaining or taking over bitcoin development. He just implemented the fork and then wants to move on to other things.

https://www.coindesk.com/rock-hard-f...bitcoin-split/

I know you're somewhat of a troll. But barely any place accepts BTC. I can think of one place that takes LTC and nothing that takes ETH.

Good argument tho. I mean every ****coin is accepted by your usual black market shops.

LOL now you're contradicting yourself. I thought all you cared about was transactions went through you don't care about price or acceptance. Hmmm I wonder why people began accepting btc as payment. Hint: it wasn't because of or when fees were $5/tx.

the past couple years, i've tended to spend about 5-10k worth of crypto online per year. Mostly its been indirectly using Gyft>Amazon, and more directly at places like overstock, newegg, cheapair, expedia. As a user since 2011 (store of value, buy things, settle personal debts, trade/invest/poker), i'm a fan of high prices but not high fees. Today, bitcoin represents ~60% of my cryptocoins. If a payment processor accepted other coins, then i'd likely use the one i own with a significantly lower fee. If that means bitcoin will end up functioning mostly as store of value, which is what it seems like anyway, then so be it. maybe a bit of gresham's law in action.

Is there going to be parity between bitcoin cash and bitcoin or is the pump going right now?

Let me look into my crystal ball and get back to you...

I claimed my BCH/BCC today and sold it on Bittrex. I was asking about how to accomplish this here, so if anyone needs instructions here you go:

RIP. Or maybe you sold on the up swing?

Anyone have any ideas as to why BCH has gone super nova the last day here? Like 4x out of no where feels like.

This post is from year 2011.

Life is funny, isn't it?

Let us all take a moment, breathe in and reminiscence of what could have been.

Oh well...life goes on.

After all, black swan events are not to be predicted, that is what makes them so special and disruptive.

Recent Korean exchange opened and listed BCH, they have 0 fees on trading, which means it is very easy for people to trade back and forth, rising volume artificially. This in turn gets other peoples attention and they join in. BCH volume surpassed BTC 24h volume for a few days. This brought in even more "investors". To put it in simple words - a pump.

Most likely not. Eventually one will be the winning chain and the other one will tag along as a distant shadow. Look at what happened to ETH and ETC. Who the hell even uses ETC? Nobody, the DAO hacker can play around with his stolen coins and that is about it.

IOTA is really different from all the other cryptos and could be a game changer. I mean - no fees, yes, count me in. However, from what I heard this comes with certain potential critical vulnerabilities down the road. We will see.

Why pay $5 fee when other cryptos allow to send txs almost free or near free? I mean, if I were to use cryptos for every day purchase I definitely would not want to pay $5 each time on top of my coffee or burger purchase. Those $5 fees add up. Lightning Network is supposed to resolve this, but those will be centralized hubs and they will still have fees, besides you will have to pay to get your BTC switch between main chain / side chain hub. There is no telling how this plays out long term. SegWit might be "safe" and "tested" on Litecoin. But if you did have an exploit would you really ruin some small alt nobody cares about or would you wait for your Trojan horse to mature into the #1 crypto to take advantage of it?

If there's anyone in here currently actively trading cryptos and wants to speak with a motivated high stakes cash guy, PM me. I'm keen as **** to learn, and would def swap poker lessons or just be happy to grow with others in the crypto space. Will def be worth your time either way, just basically looking for people to hold me accountable (and vice versa) to spending lots of time studying it.

Careful. It increased more than 10x post split and has a marketcap higher than 1 billion.
Don't forget how much ETC increased. They also have Barry Silbert owning a very large portion and employing development team. I don't like memetic thinking like ETC is insurance against Vitalis death...

I also don't own, nor claim to understand ETC. However, if you apply the metric of "nobody is using it", then you probably only have something like:

- Bitcoin
- little Monero
- Ethereum
- little Bitcoin Cash (perhaps more, perhaps not)

If you look at merchant acceptance, you pretty much have Bitcoin and nothing else.

I don't own ETC for a reason, but the thinking is very very flawed to dismissed it like that. Same with Bitcoin cash, i give it a lot higher chance, because the Meme of "Bitcoin with low fees" has a decent % of success chance.

Just for information purposes :

On Ig Index, a UK based spread betting company, u can now daily trade :

Ether .. bid ask spread 2.00 currently 338/340

Bitcoin .. bid ask spread 10.00 currently 3993/4003

Bitcoin cash .. bid ask spread 10.00 currently 575/585

There are daily interest charges, if u hold a position overnight - which I queried, and was told there were no contracts available to avoid the charge.

Intertrader do BTC too with a 7.5 spread, no other pairs yet.

They aren't actually free though, just being subsidized by mining rewards. Blockchain in it's current form will always be much more expensive to use than a centralized system, and it will have uses that are worth the cost, but for most everyday things the current financial system will be much better. The current fees are nothing compared to what miners will need to charge just to keep the system running once mining rewards are gone, assuming it doesn't all collapse by then.

Yes first world countries already have a more efficient system in place, but I think it's very debatable, but I get your point. However, a universal digital currency by design is to open doors and access to global markets in countries that don't have extensive access to world markets due to the lack of infrastructure or political turbulence.

I am not sure that it is more efficient. Established and less-hassle for most use cases, yes. Nobody disputes that.

I'd say Bitcoin by design is a lot more efficient.

Partial truth. Yes, security is subsidized by mining rewards and perhaps some sort of low inflation might be the answer (?!), but that will be an interesting problem to solve in the future. Inflation certainly sounds like the easiest and also in the incentive scheme makes the most sense, since those whose coins are secured will pay for it by diluting the value a little bit.

However, we need to stop with this stupid myth that Bitcoin is more expensive or environmentally damaging than fiat. That's so incredibly stupid.

Ever thought what printing presses and distribution of paper money cost? What is the REAL cost for all those bank buildings, people who have to work there, regulators who have to spend time and energy? Security and courts that have to decide and enforce. Auditors.... That's one country btw. Now multiply this by 100 countries.

And even if all cryptos needed a yearly 1-3% inflation (some of the lost value will be recovered by lost coins), it's a safe assumption that it will certainly be cheaper.

I have already explained why you certainly don't have to pay $5 for a crypto transaction. One could argue that transactions in the old system are certainly more expensive, maybe not $5, i don't know the real cost. They are heavily subsidized and you pay with your tax money for it.

Those wannabe skeptics are boring and mindless as hell. It's always the same crap...

They think they are smart, but they aren't (probably skeptics in general). With a little bit of critical thinking, you see all the dangers of technology failing, scaling problems, the possibility of it being another tulip mania.

Just live with some cog dissonance and explore amazing new things. More fun and def intellectually more stimulating than arguing from what seems impossible today!

Hey. I had BTC in blockchain.info when the fork occurred. I had a small amount in my wallet and the larger amount in an imported address.

By using Coinomi I was able to get the smaller amount of BCH.

I have also used a service to receive my non compressed key connected to the imported address. When I use this key to "sweep wallet" in Coinomi I'm sent to a white page, then sent back to my wallet with small amount. (as compared with when I try the wrong key it says the address doesn't have any coins.) I have successfully used the same key to connect the address to Mycelium.

The imported address was also used to send BTC on Aug 8 and receive on Aug 10 if that matters.

What to do next? Thanks.

Right, but turning our beloved Bitcoin into a settlement / sidechain layer kind of defeats the purpose of decentralized tech in the first place, don't you think? And what about big blockers? Looks like Bitcoin Cash resolved the mempool problems and high fees by doing simple block size upgrade. What is the problem with this approach? Seems to work just fine for now.

It doesn't. Bitcoin cash does not have as many users like Bitcoin.
Ethereum also "solved" many problems until a lot of people used it and then it didn't .

Bitcoin cash will hopefully become a strong alternative so we have 2 versions and they can compete for who is best.

Learn about scaling solutions and incentives. It's all about WHO will get transaction fees. Miners or payment-channel builders. Users will support one side that serves them more.

Sub

is there any way to increase the trx fee when sending btc from gdax/coinbase to another wallet?

its always painfully slow.