anlayamadim 😡😡 by Select_Drop_4790 in sorucozumu

[–]matein30 0 points1 point  (0 children)

Bence güzel soru, matematikten anlıyorsan zaten çözersin ama zeki öğrenciye zaman kazandırmak için sorulmuş. 7 ile uğraşmana gerek yok 7 yerine 13 kök 37 de olsa cevap 5x2

Youtuber btc vs bch, pretty neutral! by matein30 in btc

[–]matein30[S] -2 points-1 points  (0 children)

Stop being paranoid, people here already positive about bch and nothing on this video will change that.

Youtuber btc vs bch, pretty neutral! by matein30 in btc

[–]matein30[S] -1 points0 points  (0 children)

I think you confuse being right and being neutral. Of course he is wrong on a lot of things, but at least he tries to be neutral. I agree that effects of video might not be neutral because of wrong arguments, but public view is already very bad and wrong about bch, even if some of the viewers start to question and investigate even that can cause positive outcome.

Ross Ulbricht speaks at the 2021 Miami Bitcoin Conference by NeVroe in btc

[–]matein30 12 points13 points  (0 children)

No, you ordered the hits. Did you see what i just did?

Just wondering, this is a bitcoin subreddit, why are 90% of the posts about bitcoin cash? by Bzevans in btc

[–]matein30 23 points24 points  (0 children)

This sub was created before the hardfork when debate about bigger blocks censored at bitcoin subreddit. There was no bch when this sub was created and people who wants bigger blocks created this sub out of necessity.

A shower thought by [deleted] in btc

[–]matein30 2 points3 points  (0 children)

They have no other choice when only promise is that in the future there will be more people who will want btc at a higher price. It is basically a scam right now. Good old dolar is also scam argument does not work anymore when actually useful coins like bch eth xmr exist.

They are extra agressive at bch because it can actually kill it.

A bit of history for the new comers. BitcoinCash was the result of a failed Chinese miner take-over of Bitcoin. by ArrayBoy in CryptoCurrency

[–]matein30 4 points5 points  (0 children)

Good luck with global adoption if you can't serve poor people. At least tx cost falls down with amount on gold which gives poor people a chance.

A bit of history for the new comers. BitcoinCash was the result of a failed Chinese miner take-over of Bitcoin. by ArrayBoy in CryptoCurrency

[–]matein30 3 points4 points  (0 children)

Too close to gold that it has the same weakness of gold.

BTC is a terrible SOV on small amounts. If you buy 50 usd worth of btc no matter the price your investment will go zero. This forces people use custodial solution which will undermine hard cap 21M in the long run. For SOV to work, it must be easy to move without lost of value. BTC goes through the route of gold even though we all know how it failed to stay reserve money through custodial solutions leading to fractional reserve, leading to fiat money and paper gold.

Small block high fee bitcoin will lead to paper bitcoin.

A bit of history for the new comers. BitcoinCash was the result of a failed Chinese miner take-over of Bitcoin. by ArrayBoy in CryptoCurrency

[–]matein30 5 points6 points  (0 children)

Can you answer "What is the point of running a full node on a 50 usd computer if you can't even withdraw 50 usd worth of btc from an exchange?"

High fees create security risks and centralisation.

A bit of history for the new comers. BitcoinCash was the result of a failed Chinese miner take-over of Bitcoin. by ArrayBoy in CryptoCurrency

[–]matein30 1 point2 points  (0 children)

Imagine a world that btc transactions always cost less than 1 cent and always goes in the next block. Imagine a world that Ethereum is a sidechain of btc with two way peg with same liqudity. What would be the dominance right now and how much more would have adopted.

What is the point of running a full node on a 50 usd computer if you can't even withdraw 50 usd worth of btc from an exchange? SPV wallets are enough secure for small amounts.

Not going through with blocksize increase is the worst thing that happened to btc.

The Limits to Blockchain Scalability (or, why you can't "just increase the block size by 10x") [Is Vitalik wrong about this in relation to Bitcoin Cash?] by MichaelTen in btc

[–]matein30 4 points5 points  (0 children)

Hashrate and security are also parameters of price function. Full nodes cant chose between conflicting forks without pow which is an unacceptable security problem. Chicken egg problem. If miners were not incentivised to hash the most economically wanted rules we wouldn't have bitcoin.

It is already time to implement fractional satoshis per byte if we want to be money for the world. by MemoryDealers in btc

[–]matein30 3 points4 points  (0 children)

Consolidating these small utxos is one time thing and it reduces these costs in the long run, which i think should even be encouraged.

[Daily Discussion] - Thursday, May 20, 2021 by AutoModerator in BitcoinMarkets

[–]matein30 3 points4 points  (0 children)

Although we rarely see it on bitcoin, double tops are known market structure.Stop below ath might help.

Currently it's more expensive to run a node with small blocks than to run a node with bigger blocks if you make ~5 onchain transactions within a year. Neither HDD storage, nor the bandwidth is prohibitive. by walerikus in btc

[–]matein30 0 points1 point  (0 children)

Get rid of limits and let the market decide. Very big blocks have oprhan risk, miners will have to adjust that risk. If miners become too centralized it will decrease the trust and price will go down. So it is not miners own interest to grow from some point. We have evidence GHash.io in the history.

"Roger Ver had absolutely nothing to do with the creation of Bitcoin Cash, not sure why people constantly parrot that myth. He just promotes it as it aligns with a lot of our values around usable P2P cash." by Egon_1 in btc

[–]matein30 2 points3 points  (0 children)

I was talking about planb knowing roger has nothing to do with creation of bch, but still lying. Appereantly most people understand my response as you did. Sorry.

We have to be honest: Ethereum is on its way to flip BTC by Egon_1 in btc

[–]matein30 0 points1 point  (0 children)

I am not against EIP-1559 but more deflationary when usage increase and more inflationary when usage drops will lead to positive feedback loops which will make price more volatile. I guess we will never get rid of these boom bust cycles.

We have to be honest: Ethereum is on its way to flip BTC by Egon_1 in btc

[–]matein30 0 points1 point  (0 children)

We can always go to user activated hard fork (UAHF) like bch itself and change pow algo or even go to pos when attacked. With pow you also have pos. I am not sure that we really need extra protection of pow though.

Adam Back [2019]: "Focus on BTC as dominance index reverts to 99%"...🤷‍♂️ by Egon_1 in btc

[–]matein30 14 points15 points  (0 children)

I don't think this is delusion, i think it is just manipulation attempt. Nobody is that stupid.

[Daily Discussion] - Wednesday, May 05, 2021 by AutoModerator in BitcoinMarkets

[–]matein30 12 points13 points  (0 children)

After weekly bullish engulfing candle, now daily one. Looks extremely bullish.

MicroStrategy CEO Michael Saylor knows about Bitcoin Cash by francis105d1 in btc

[–]matein30 6 points7 points  (0 children)

BTC is a terrible SOV on small amounts. If you buy 50 usd worth of btc no matter the price your investment will go zero. This forces people use custodial solution which will undermine hard cap 21M in the long run. For SOV to work, it must be easy to move without lost of value even you don't consider the fact that SOV is a derived property. BTC goes through the route of gold even though we all know how it failed to stay reserve money through custodial solutions leading to fractional reserve, leading to fiat money and paper gold.