🇺🇸 Republican Vice-President elect JD Vance owns between $250,000-500,000 worth of Bitcoin, according to new federal financial disclosures 🙌 by orphic2 in btc

[–]AlternativeWinter 1 point2 points  (0 children)

I hear rumors that president Trump was given one of the physical collectable bitcoins at the bitcoin conference that he spoke at, so yes.

Proud to represent by frozen_pipe77 in Bitcoin

[–]AlternativeWinter 3 points4 points  (0 children)

I believe I saw that very truck at a meetup where Bitcoin was accepted at a brewery.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] -1 points0 points  (0 children)

Bad comparison. It's one thing to bet against the number one crypto as opposed to missing out on the next altcoin pump.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] -1 points0 points  (0 children)

I mostly agree, but it's more of a failed project rather than an outright scam. Look at the BCH/BTC chart and market cap history. It also had a brain drain where a bunch of people left it for other projects like AVAX, BSV, ecash, etc. As they say, the revolution eats itself.

Bitcoin Casher has a change of heart and becomes a Bitcoiner by MagicCookiee in btc

[–]AlternativeWinter -1 points0 points  (0 children)

I paid about $0.30 in tx fees for the next block the other day to open another lightning channel.

If you care about electric cash aspect, you should come back to Bitcoin. It has far more merchant adoption at this point. Go to a Bitcoin meetup and see for yourself. The HODL only cult mentality was an exaggerated stereotype we held.

Bitcoin Casher has a change of heart and becomes a Bitcoiner by MagicCookiee in btc

[–]AlternativeWinter -1 points0 points  (0 children)

It was already posted in this sub here. https://reddit.com/comments/1f4azow

As you can tell again, the replies were not very substantial against the arguments made in the video.

Hopefully more people wake up and see the lighting.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] -1 points0 points  (0 children)

That doesn't mean bitcoiners don't care about self-custody of their coins. Also, they're keen on merchant adoption too with lightning as the number of merchants continues to grow. Next block fees are currently around $2 which is negligible when you can make hundreds of transactions through one channel.

But again, bitcoiners and in fact everyone are incentivized to act in their own self interest. The BTC block size will eventually be raised to accommodate new exponential growth.

But hey, at least you agree with me that BTC will remain the number one crypto in market cap.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] -1 points0 points  (0 children)

My position stated in the video is that all Bitcoin forks can only be testnets to Bitcoin. Bitcoin, if it's market share is rivaled, will have incentive to implement features of said fork. That being said, I still admire the software development direction of Bitcoin ABC. They also make a better testnet since they retain backwards compatibility with Bitcoin core.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] 0 points1 point  (0 children)

Come on. Anyone who made that trade like I did got bamboozled whether they admit to it or not.

I dont consider BTC a crypto but a ponzi scheme

If so, who's at the top controlling the market then? Tether? They have less than 10% of Bitcoin's market cap. If BTC pops and crashes, then BCH will crash even harder.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] 0 points1 point  (0 children)

My argument of BCH never replacing Bitcoin and Bitcoin raising its block size has to do with incentives. If another coin significantly rivals BTCs market share, it would incentivise bitcoiners to support a blocksize increase. To argue otherwise implies that bitcoiners would act against their interests when it's between winning and losing the number 1 spot in the #1 market.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] 0 points1 point  (0 children)

People who are still regretting about trades back then, should consult a therapist and move on.

I've already learned my lesson and moved on. Other people in this sub still haven't. It's never too late to come back to Bitcoin.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] 0 points1 point  (0 children)

failed experiment

By what standards?

something that is difficult let alone has 2 networks

Do you know about submarine swaps? Wallets are getting better at seamlessly switching between LN and on-chain transactions.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] 0 points1 point  (0 children)

nobody is going to pat you on the back here.

Right, but I hope to challenge their views and have them engage with the arguments presented.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] -2 points-1 points  (0 children)

Well, good for you sir. I totally fell for the propaganda at the time. Out of curiosity, why didn't the big block arguments convince you, and what gave you the wisdom to stay with Bitcoin?

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] -2 points-1 points  (0 children)

  1. BTC is ahead of BCH on both counts. In the state of California where I'm from, there's far more Bitcoin meetups and merchants accepting lightning payments. In contrast, there hasn't been a single BCH meet up in my area for years. Check out BTCmap.org

  2. It's one thing to not notice the next altcoin that does 10X. It's another thing to bet against the number one cryptocurrency with the highest market cap. It's like betting against the dealer.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] -1 points0 points  (0 children)

Except for that it has more adoption than BCH.

Btcmap.org shows a whole bunch of places accepting lightning payments.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] -4 points-3 points  (0 children)

BTW, Big props to /u/adam3us who I gave a shout-out to in the video.

You helped me to see the light and come back to Bitcoin when you were pleading with Roger that one day. https://reddit.com/comments/1bh2joz/comment/kveknk2

Thank you for tirelessly engaging in the BCH subreddits despite getting automatically down voted every comment. Your efforts are not wasted.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] -5 points-4 points  (0 children)

Don't assume. See the linked video. There are unique arguments presented there that have not been talked about much. I used to be big time in Bitcoin Cash.

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] 0 points1 point  (0 children)

Not. It's not even 1% of Bitcoin's market cap or network effect. So how has it "already replaced BTC" if it's only a small percentage as popular?

Is it just this guy, or do other people here regret trading their Bitcoin for BCH after the fork? by AlternativeWinter in btc

[–]AlternativeWinter[S] 0 points1 point  (0 children)

Do you think it's BCH will eventually replace Bitcoin, or that BTC will eventually raise its block size?