I agree. But once that bubble bursts, it'll be a good time to buy again.

Hard to know when it will happen.

But it will definitely happen at some point.

This is where time travel would come in handy.

Whether the accusation is true or not, claiming the mods have been bought is likely to get you a ban in most subs.

The market manipulation concerns Coinbase, and Bitcoin cash (BCH) not Bitcoin.

That said Bitcoin is going through a crisis, and it could lose its crown to BCH in the coming weeks.

The market manipulation concerns Coinbase, and Bitcoin cash (BCH) not Bitcoin.

Have you spent any time looking into Tether?

This scandal will affect every cryptocurrency. Nobodies hodlings will be safe.

I'm not on one side or the other, but I don't see Bitcoin Cash taking the crown. They don't have a good long term scaling plan right now. The only way to serve the world is to build a second layer on top of the Bitcoin protocol. At least Bitcoin has the Lightning Network coming online in the next months.

LN is centralization and is not mentioned in the white paper. Bad stuff.

BCH will scale as needed. Just as described in Satoshis forum posts.

So there is no scaling plan. Saying it will scale as needed is the same as saying we’ll worry about it later. Doesn’t seem like a convincing reason to support a coin that has no obvious advantage over Bitcoin. In fact, I think BCH is the result of the desperate attempts of a small group of elites to gain control over a space that’s meant to be decentralized. The entire economy of BCH is controlled by a centralized group, which probably includes Coinbase now as well. That’s the real conspiracy.

I'm sorry but you've been brainwashed by Blockstream propaganda. LN is being pushed only because Blockstream's business model depends on it.

Bitcoin Cash scaling plans:

https://www.yours.org/content/a-roadmap-for-scaling-bitcoin-cash-b11efae5ef9d/

https://github.com/BitcoinUnlimited/BUIP/blob/master/065.mediawiki

https://news.bitcoin.com/graphene-block-propagation-technology-claims-to-be-10x-more-efficient/

and so on...

The Gigablock test net isn't a scaling plan. It's nothing more than an emulated network which can be used to troubleshoot and experiment in order to address the scaling issue. I think that's a great idea, but it doesn't present an intrinsic solution.

The other links are just speculation or marketing materials. If you want to engage in real technical discourse, please cite some sort of technical white paper.

I'm not a proponent for LN. I'm not a "Bitcoin Core" shill. In fact, I'm considering abandoning the bitcoin community entirely, selling out, and investing in altcoins like Ethereum which offer more practical value.

Sorry, but it gets tiring to repeat myself over and over. Regarding the testnet, it was about testing for bottlenecks in the protocol. One of them was found to be current node software. It was modified as a proof of concept and that improved performance greatly.

I'm sorry but you've been brainwashed by Blockstream propaganda. LN is being pushed only because Blockstream's business model depends on it.

Bitcoin Cash scaling plans:

https://www.yours.org/content/a-roadmap-for-scaling-bitcoin-cash-b11efae5ef9d/

https://github.com/BitcoinUnlimited/BUIP/blob/master/065.mediawiki

https://news.bitcoin.com/graphene-block-propagation-technology-claims-to-be-10x-more-efficient/

and so on...

I'll agree about the crisis, but I'ld say it's more of a ...stress test .

What I'm going to say is biased, because, I'm not really fond of Bcash, but, this is not the first time they try the same tactic FUD Bitcoin+pump Bcash+Spam mempool.

So yea, don't see Bitcoin losing anything, just Bcash loses more honesty with each atack tried.

But, then again, I'm biased.

First, "bcash" is a term only used by scammers. Proper name is Bitcoin Cash.

There are 285000 unconfirmed transactions in the Bitcoin Core mempool:

https://blockchain.info/unconfirmed-transactions

Each Bitcoin Core block every ~10 mins contains ~$160000.00 worth of transactions. If you think that's spam then I'm sorry but you've been brainwashed by Blockstream propaganda.

The future for Bitcoin Core is not looking good.

I'll try to make it easy for you to understand.

If they spam 100000 transactions with 0.3$ fee, and .01$ value,

they fill the mempool, and they make everyone else use higher transactions.

And they can push the fees a littler higher, because the biggest mining pool, is owned by who? JiHan...yea, Bcash advocate...so they get the fees back, when they mine the blocks. not to mention the bigger fees.

Blockstream propaganda again.

$0.3 fee for a single input transaction is A LOT and most (~80%) of these fees would get collected by other pools. Nice way to go bankrupt quickly. $0.005 (half of a cent) fees for Bitcoin (Cash) work very well and nobody considers such transactions "spam" on Bitcoin (Cash) network. That's compared to $30-50 BCore fees (for a single transaction!). Even Satoshi Nakamoto originally intended to allow some transactions to be processed without any fees at all. Fees were always meant to be very low in the original Bitcoin protocol, exactly like it is now in Bitcoin (Cash).

1MB cap on block size is something BCore came up with to be able to introduce sidechains so that Blockstream can profit from this.

Your "transaction spam" narrative is so fake that even BCore lead dev Greg Maxwell disagrees with you:

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-December/015455.html

He says he's "pulling out the champagne" because of the current fee situation.

And they can push the fees a littler higher, because the biggest mining pool, is owned by who?

You're lying again. Yes, AntPool is one of the biggest pools but it mines only ~18% of BCore blocks:

https://coin.dance/blocks/thisweek

This means ~80% of transaction fees would go to other miners and that's just economically unfeasible nor there is a reason to do that.

By the way, even if "transaction spam" propaganda was true, all that basically says is that your protocol is shit if it can be manipulated that easily. Note that Bitcoin (Cash) is immune to that.

BCore is basically dead (merchants are dropping support) and Bitcoin (Cash) is here to stay. Deal with it.

lol "recently"

It's so strange seeing a currency being advertised like this

I pulled out of all my cryptos. And bought a firearm. All the weird shit that's going on I feel that's a priority.

Theymos runs Bitcoin talk and r/Bitcoin both. He collected millions of dollars to improve bct forum but never did, and censors reddit actively.

for some reason, I believe that one guy who claims he's from the future. The post showed up on this sub like 2 weeks ago. LOL

I want to believe in the citadel too!

It’s a propaganda sub, just like most of Reddit. The gentlemen mods and user base at r/btc are doing a great job though.

Do you think reddit was this way five years ago? Maybe I was ignorant to shilling then or it wasn’t an issue. Now, they’re so easy to spot that it makes me want to leave. (I won’t.)

https://www.reddit.com/r/conspiracy/comments/6zz7zu/how_reddit_was_destroyed_ver_40/

Thank you for posting that. I remember when I first joined, there were subs with intelligent, healthy debate. Smart people were here. Now it seems to be just a cesspool of blather with an occasional outstanding post or comment. My activity has gone from browsing all kinds of different subs to just hanging out here to see what you guys are talking about.

Do Reddit subforums really matter in the grand scheme?

Market manipulation ? Is this a joke?

Are you just trying to save face or something?

I know I'm gonna get downvoted for this, but here it goes, my experience as a long term bitcoiner:

1) Bans on r/bitcoin? Yes. A lot. Most of them well deserved. You need to understand, a sub, is made for a specific topic. If I enter your house and start telling you that you are stupid, while shiting on your carpet, will you not kick me out? Yea.

2) All the talk about market manipulation, is related to the latest event, of Coinbase implementing Bcash sell/buy , and RogerVer going to cnbc and prmote his coin. When Coinbase "pumped" up the price to 9k $ while all other exchanges were 3.5k tops, and people started to massive sell, they closed the ability to sell.

3)Bcash has low fees now because nobody is using it. There are no vendors accepting it. Just increasing the blocksize, is not a solution. It's simple math. To have global scalability you would need huge blocks.

4) I've really tried to be inpartial, and sometimes visit r/btc, but ALL they do, 9/10 posts just try to shit on Bitcoin , no real news about their coin or anything whatsoever.

5) r/bitcoin is not any better, my personal opinion, cause lots of newcomers, and all they talk about is their gains/should have bought sooner/How to wallet. All without even checking the stickies.

To end this message, There are tons of people coming everyday spamming the sub with stupid things, Imo, they deserve to be banned. And if you stay there a while, you will see that there are a lot of negative posts, that reach hot in there, where people actually engage in conversations and whatnot. If you place a pertinet question, you don't get banned, but if you come with this kind of accusations. yea...diffrent story

spot on. the politics of crypto are following in the footsteps of the last election.

May I suggest r/btc ?

Hard to know when it will happen.

But it will definitely happen at some point.

First, "bcash" is a term only used by scammers. Proper name is Bitcoin Cash.

There are 285000 unconfirmed transactions in the Bitcoin Core mempool:

https://blockchain.info/unconfirmed-transactions

Each Bitcoin Core block every ~10 mins contains ~$160000.00 worth of transactions. If you think that's spam then I'm sorry but you've been brainwashed by Blockstream propaganda.

The future for Bitcoin Core is not looking good.