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RE: Bitcoin (BTC) Mid-Day Update: Short Term Target $7,200 per Elliott Waves & Symmetrical Triangle...Find out the details in this blog!

in #bitcoin7 years ago

For those interested, the BCash cabal will soon pump again - they're launching a PR campaign suggesting that Bitcoin has been "infiltrated by the Globalists" and that buying BCash is fighting for freedom... they're paying conspiracy channels to spread the fake "news", and people directly involved in the pump and dump like Jeff Burwick, actually smurkingly feature in the video

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BCH is the people's coin. I did some math. 1MB block size increase is extra ~50GB a year. 2TB extrernal hard drive is $70. That's enough for 5 years. That's $14 a year. If you use a USB/Micro SD that's $20

People who oppose the Block size increase are just a bunch of egomaniacs who aren't willing to spend $14 a year so that the users can have 20 to 100+ times cheaper and faster transactions.

I'm not a BCH fanboy. I'm for Dash, NEM,PIVX. What I'm saying is that Bitcoin devs are bunch of egomaniacs funded by centralized entities instead of self funded treasury like Dash, PIVX, ZEN, BTS.

BTC community is a bunch of censoring haters who fight a civil war over $14 extra expense non-issue.
https://steemit.com/cryptocurrency/@vimukthi/bitcoin-fees-triple-under-a-week-while-dash-makes-itself-10-times-cheaper-my-discovery-of-a-secret-device-to-store-the-entire

i'm not too sure why the bitcoin legacy developers are against even such a tiny increase from 1mb to 2bm (segwit2x). it's so tiny and it probably won't make it vulnerable to attacks. i really don't know why. perhaps a compromise would have been the best

Luckily we don't need compromise. Block size increase is just changing the code that limit the block size. If everybody got along the increase (Eg:Dash) then even a noob could handle the increase. Since there was an entire civil war Roger Ver and team had to do a more complicated Hard Fork and then came BTG and unsuccessful 2X.

"probably won't make it vulnerable to attacks."
-I'm no expert but to my knowledge just changing the block size limit has Zero increased security risk. Can't say that about SegWit. Here is an old article from someone who seems to know the subject considerably well: https://steemit.com/bitcoin/@modprobe/i-looked-into-segwit-and-here-s-what-i-saw
Hope it helps.

May the governance coins win!

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