A financial bubble means that for an asset like Bitcoin the use as a store of value grows exponentially. The rules of math determine that this can‘t happen sustainable and that it reaches with a pace, that must seem surprisingly for human minds, the point where it is „too high.“ From here the use as a store of value decreases constrainingly. The bullmarket has become a bearmarket. To get out of it, to enspark another turn toward raising prices, there needs to be a growth in the use of the function which underlies the asset. For Bitcoin this is the p2p e-cash system.
Many technologists fail to understand this interrelation, because they ignore the ecosystem, which carries the growth of the use, or are only able to regard it as the source of an extrinsic effect on the technology, which has to be assessed by and for itself. Seen from a technical point of view, a growing use of Bitcoin causes negative effects. It makes it harder to predict the behavior of the p2p network and to guarant...
A financial bubble means that for an asset like Bitcoin the use as a store of value grows exponentially. The rules of math determine that this can‘t happen sustainable and that it reaches with a pace, that must seem surprisingly for human minds, the point where it is „too high.“ From here the use as a store of value decreases constrainingly. The bullmarket has become a bearmarket. To get out of it, to enspark another turn toward raising prices, there needs to be a growth in the use of the function which underlies the asset. For Bitcoin this is the p2p e-cash system. 1/8
Why does it feel like this chat discussion here is >50% about SV these days? And why is it almost exclusively bashing BCH instead of being productive?
Because the more you know Bitcoin, the more likely you are to dislike what ABC has done to Bitcoin. Memo users are more likely to know Bitcoin, thus more likely to disagree with ABC.
Memo needs a plugin for websites, like Disqus, so memoans (only) can comment on websites, may even be nice is site owner can also set a small comment fee.
This is how I see people explaining away CSW's low skills:
That movie is just so great, 90% or so of people in crypto are like these fools, I think there are more smarter people that are not in crypto then how many are in crypto, % wise.
It happens to me sometimes. Even before the stress test.
In preparation for stress test a lot of updates were made that I just released to fix those types of issues and make broadcasting faster. It should no longer get stuck hopefully. 🤞
CoinEx will list nchain’s fork as “BSV”
http://redd.it/9c1ru6
Does anyone know what issues Jihan and Haipo have with nChain wanting to restore "original Satoshi op codes: OP_MUL, OP_LSHIFT, OP_RSHIFT, OP_INVERT." Restoring OP_GROUP was great.
FREE transactions would be incredible marketing for Bitcoin Cash and make it unstoppable Miners are only getting $10-$12 per block in fees. They need to get rid of it
all BCH wallets need to implement the memo-protocol; wallets should start by implementing memo-profiles as `contacts`; this would make public people searchable & tip-able from any wallet