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Bitcoin Cash deals frozen as insider trading is probed

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Re: Bitcoin Cash deals frozen as insider trading is probed

#181

Post by xorcist »

takeda wrote: post #174
wolco wrote: post #117

Earlier quoted context omitted.

You can create a fork today but should you be allowed to take the bitcoin name? Leave the name with the existing entity.

The point is that Bitcoin Core is as much of a fork as Bitcoin Cash. You're mixing up soft fork with a hard fork and implying that soft fork is somewhat better, when in reality it is just technical concept and has nothing to do with it. Actually in current situation we already have example, the soft fork (SegWit) implements a complex mechanism to add segregation witness feature and allow for off-chain transactions. T…

That is not true. Initially Bitcoin crashed when blocks went over a couple of hundred kilobyes. Satoshi put in this hard cap when this inadvertent limit was fixed.

Re: Bitcoin Cash deals frozen as insider trading is probed

#182

Post by MertsA »

taysic wrote: post #166
MertsA wrote: post #159

Earlier quoted context omitted.

To clarify, I was referring to /r/btc where I lurk from time to time. There were plenty of people bikeshedding over the name but Roger Ver is the only notable public figure who has thrown a temper tantrum over the name. Just because now everyone wants to claim that "BCash" is a propagation campaign just because Roger is hysterical over it doesn't mean that BCash wasn't coined in /r/btc back over the summer.

No one in /r/btc or the Bitcoin Cash community calls it 'bcash'. Totally disingenuous.

That's not true, there's a handful of people that now want to call it BCash just because it annoys Roger Ver. People in /r/btc that support it. Just because they want to annoy Roger Ver does not mean that they aren't a part of the community anymore and it doesn't mean that they oppose it.

But as it were I'm not suggesting that the majority are calling it anything other than "Bitcoin Cash" for months now. I'm just pointing out that when Bitcoin ABC was new members of /r/btc were pointing out how that name was confusing and that is where BitCash and BCash were originally coined. Go to /r/btc and look at the posts from back then if you don't believe me, people were posting about coming up with a better name. Those posts weren't just some Bitcoin Project conspiracy, they were from members of the community that wanted a better name. Personally, I don't care what they want to do. They are free to come up with whatever cryptocurrency floats their boat and it doesn't bother me in the slightest. However, the fact that it annoys Roger Ver makes me really want to refer to it as BCash.

Re: Bitcoin Cash deals frozen as insider trading is probed

#183

Post by shlomok »

gizmodo59 wrote: post #154

Some people do know that its going to be listed. https://www.reddit.com/r/CoinBase/comments/7kfbjj/will_coinb... The user mukiwa2 said "Bitcoin Cash coming in the next few days!!" 2 days back in that thread and he even joked saying he knew an employee in Coinbase. That response has since been deleted. I was just talking to my friend about this. Here is the snapshot: https://imgur.com/a/cLlp7

Whole account was deleted. Archived here: https://web.archive.org/web/20171220235902/https://webcache....

Re: Bitcoin Cash deals frozen as insider trading is probed

#184

Post by toomim »

mancerayder wrote: post #142
toomim wrote: post #116

Earlier quoted context omitted.

Here's a historical explanation: https://www.reddit.com/r/BitcoinMarkets/comments/6rxw7k/info...

I spent a bit of time reading this but I have to be honest, it's hard to know how true the post is, and the nuances are so specific it's not that interesting to someone not on one of those subreddits or dev team. What I got out of it: several groups of humans splintered. One side is accused of trying to sabotage the other. The other side denies it. I didn't pick up much of BTH's ramifactions from reading that, though…

Put simply: Bitcoin has split into two camps. Big blockers and small blockers. Blockstream is a small block company. Bitcoin Cash is a big block technology.

So Bitcoin Cash and Blockstream are politically opposed.

Re: Bitcoin Cash deals frozen as insider trading is probed

#185

Post by dwaltrip »

empath75 wrote: post #148
blhack wrote: post #96

Here's the stickiest thing about this entire thing to me: the name. Roger Ver (one of the people behind bcash) has said repeatedly that he believes that his fork deserves the name "Bitcoin" and that it is the "real" bitcoin. It seems obvious that the intent here is to confuse people. This, to me, seems like blatant fraud. It is concerning to me that coinbase would continue to allow this market confusion to build by l…

I've said this before -- but this fork should have broken the illusion that people had that bitcoins are rare. If viable forks are possible, then they will continue to happen, each of them increasing the number of 'bitcoins' in circulation.

You are extrapolating from a single fork that had a lot of specific circumstances behind it.

If you were right, we would have seen many successful copycat forks since then, but we haven't.

Re: Bitcoin Cash deals frozen as insider trading is probed

#186

Post by chii »

Alex3917 wrote: post #115
blhack wrote: post #109

Earlier quoted context omitted.

Are you trying to say that the price of bitcoin crashed from ~$3000 to ~$300 immediately on August 1st 2017, and that coincidentally at the same time, a brand new asset appeared that had the same price that bitcoin did a few seconds earlier? That's just absolutely absurd.

> That's just absolutely absurd. If you run a website and your database gets pwned by hackers, do you just give up and say oh well, I guess the pwned version is the real version now? No, you restore from a backup, and if that involves recreating some of your integrations with third-party providers then so be it.

except that it's not hackers, but somebody else claiming to own the website.

Re: Bitcoin Cash deals frozen as insider trading is probed

#187

Post by [deleted] »

MertsA wrote: post #182
taysic wrote: post #166

Earlier quoted context omitted.

No one in /r/btc or the Bitcoin Cash community calls it 'bcash'. Totally disingenuous.

That's not true, there's a handful of people that now want to call it BCash just because it annoys Roger Ver. People in /r/btc that support it. Just because they want to annoy Roger Ver does not mean that they aren't a part of the community anymore and it doesn't mean that they oppose it. But as it were I'm not suggesting that the majority are calling it anything other than "Bitcoin Cash" for months now. I'm just poi…

[deleted]

Re: Bitcoin Cash deals frozen as insider trading is probed

#188

Post by taysic »

MertsA wrote: post #182
taysic wrote: post #166

Earlier quoted context omitted.

No one in /r/btc or the Bitcoin Cash community calls it 'bcash'. Totally disingenuous.

That's not true, there's a handful of people that now want to call it BCash just because it annoys Roger Ver. People in /r/btc that support it. Just because they want to annoy Roger Ver does not mean that they aren't a part of the community anymore and it doesn't mean that they oppose it. But as it were I'm not suggesting that the majority are calling it anything other than "Bitcoin Cash" for months now. I'm just poi…

No that's a lie. No one on /r/btc supports that name. It's official name is Bitcoin Cash by its supporters.

Re: Bitcoin Cash deals frozen as insider trading is probed

#189

Post by taysic »

blhack wrote: post #179
taysic wrote: post #168

Earlier quoted context omitted.

Not really. There's Bitcoin Gold, Bitcoin Diamond, Bitcoin Ruby, Bitcoin Plus... the list goes on and on but the 'Bitcoin' name hasn't helped any of them much.

"Bitcoin gold" is currently the #10 largest cryptocurrency.

#10 doesn't mean much because the liquidity and popularity drop off exponentially after the top 4.

Re: Bitcoin Cash deals frozen as insider trading is probed

#190

Post by hndamien »

taysic wrote: post #171
jsutton wrote: post #134

Earlier quoted context omitted.

Bitcoin Cash is the forked version, you're getting them mixed up.

There were about 11 hard forks to Bitcoin before Bitcoin Cash was created - some of them temporarily decreasing the block size with the intention of putting it back into place when needed. BTC veered from that intention.

11! Please inform me of these, they must have been very, very early, I'm only aware of the Berkley DB bug.
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