/biz/ - Business & Finance

>>9492353
They both are relics and should fight over 10% of the marketcap (at most) by the end of the year.

>>9492408
>he fails to understand btc is a relic due to poor development not lack of capability
you will be bound to pump and dumps and will probably make it anyways

>>9492353
that looks like pretty good progress actually

>>9492366
>You are asking why you have to pay money to fill a block that was already mined? You are confusing as fuck
Let me try again, The space in the next block, it will probably only be 1/100th filled, and at current fees it would cost $4,500 to fill it with transactions.
>You said "the blocks I used" but those are all at the same time and hence the same block
Not my fault the block explorer is a glitch piece of shit, if you have a better source I'll redo the math. I just used what I could find to generate an estimate.
>average fee is almost always wrong because exchanges take the safe route of paying high fees on every coin to not deal with tech support.
sounds familiar, BTC has similar problems, without people over paying fees would be sub 1 cent for everyone.

>>9492455
I already made it anon thx tho. Sold all my BCore at $5k to alts. Doing very well.
I've also held since 2014 and view BCash as the true chain.
It still sucks compared to the new developments.

Won't BCH hit the same scaling problems of ETH?

>>9492510
>and at current fees it would cost $4,500 to fill it with transactions.
Except your calculation is way off as it uses average fees, what the fuck is your point... "I want miners to include transactions in a block for no reason"?
>Not my fault the block explorer is a glitch piece of shit, if you have a better source I'll redo the math. I just used what I could find to generate an estimate.
The block explorer is fine, you are just confusing things. Those are all transactions in a single block.
>sounds familiar, BTC has similar problems, without people over paying fees would be sub 1 cent for everyone.
No, you can't get included in a block with sub cent fees - it is basic supply and demand; there is no block space but everyone wants it. At this point you are using the same logic as marxists arguing for price controls. I feel like you're just trying to give me a headache in all honesty.

>>9492408
u gona get rekt
>>9492511
>Sold all my BCore at $5k
Ouch, selling the bottom.

The basic premise is simple. Bitcoin Cash is quick, affordable and easy to use as money. Bitcoin Core is not.

>>9492551
>Those are all transactions in a single block
then find me a list of the last 10 blocks and I will try again
>I want miners to include transactions in a block for no reason
Not no reason, just the economic incentive there is to adoption. Or the marginal non zero fee. I'm trying to hone on the price for this blockspace.
>you can't get included in a block with sub cent fees
I can absolutely get a transaction for less that a cent, here is a transaction I did recently with 0.8sat/byte fee.

>>9492604
>Bitcoin Cash is quick, affordable and easy to use as money
Then why does no one use it?

>>9492622
posted wrong pic

>>9492622
>Not no reason, just the economic incentive there is to adoption.
"just the economic incentive of building a community" - communists when arguing against how there is no reason to work when you don't get paid
"if people didn't overpay X would be cheaper" - communists when arguing for price gouging laws and general price controls
None of these make any sense. You don't work out of some sense for community. What do you not get about the fact that miners have a cost of putting your transaction in a block?

>>9492645
That is not sub cent and that is not even in the next block. My point stands that fees are high as a direct result of supply and demand. I can't believe you would honestly waste my time by trolling me after I was so polite and so patient. I really do wonder why people do this.

>>9492625
It is the only currency used for micropayments. All you can buy with Bitcoin Core is Blockstream tickers, I myself have paid for VPN's a couple times with it and it was vastly more useful than a credit card.

>>9492625
Because of the term 'sound engineering'. That is required for carefully planning ahead. Better to be prepared for what's coming.

It would look pretty stupid if BCH's blocks were full and their fees were dollars and not cents. BCH supporters would never hear the end of it.

>>9492733
>miners have a cost of putting your transaction in a block
Actually they generally profit, even if they fee is a microsent. This is because of the block subsidy. If they cared about adoption, transactions would be free or approaching the marginal cost of inclusion. This would not be noteworthy, the cost is virtually negligent to add a transaction to a block.
>That is not sub cent
It was that day, because the price was lower
>and that is not even in the next block.
its a 13 minute confirmation though, so ?

>My point stands that fees are high as a direct result of supply and demand. I can't believe you would honestly waste my time by trolling me after I was so polite and so patient. I really do wonder why people do this.
Honestly I feel like YOU trolled ME, but whatever. I was polite as well, and I am serious with my point you just genuinely don't seem to understand.

>>9492751
>It is the only currency used for micropayments
Doge has twice the transactions of BCH. Doge is the og micropayments coin.
I pay all my bills with BTC btw, perfectly fine and have never had problems.

>>9492793
>it was that day, because the price was lower
May 10, 2018: $9,325.96
0.00000214 * 9325
= 0.0199555
Yeah, you are lying troll. Go waste your life somewhere else.

>>9492824
Oh wow a whole 1.9 cents.

Not a troll, your troll radar is broken. Besides let me pull up a bunch more examples, I'm sure I did a sub cent in the past few months.

>>9492811
Doge is just useful because most exchanges rely on confirmations which are done extremely quickly with its low block times, but Bitcoin Cash is just as fast with 0-conf.

>>9492824
There, satisfied?

>>9492587
I sold last October, which was a highish point.
Sold into alts, notably XRB IOTA and EOS.
Best days of my life after BCore failed it's load test (as I thought it would).

>>9492824
>cries troll
>abandons thread
typical