Message from @this_that5553

Discord ID: 395306169993789441


2017-12-25 17:29:46 UTC  

How badly?

2017-12-25 17:30:25 UTC  

well if it does get into your wallet on coinbase be sure to transfer it to a hardware or offline wallet on your computer. never keep your coins on a website side server.

2017-12-25 17:30:49 UTC  

Ok

2017-12-25 17:31:00 UTC  

coinbase usually isnt that bad but ever since the IRS siezed information on it for transactions over 20k its fucked

2017-12-25 17:31:14 UTC  

I’ll have to look into it more

2017-12-25 17:31:36 UTC  

Will my transaction ever be done

2017-12-25 17:31:38 UTC  

its why we use localbitcoins or localmonero or any of the other local[insert coin here] sites

2017-12-25 17:31:49 UTC  

probably

2017-12-25 17:31:52 UTC  

one day

2017-12-25 17:37:08 UTC  

lol

2017-12-26 03:02:08 UTC  

It takes a while to receive crypto because you sent a USD transfer to them, which takes like 4 business days and can be reversed, which is a risk for them. They plan to send you crypto, which is instant and irreversible. So they’re not going to give you the “guaranteed” money until the “maybe” money you sent them settles out.

2017-12-26 03:02:16 UTC  
2017-12-26 05:36:37 UTC  

Makes sense

2017-12-26 15:55:39 UTC  

https://learnbitcoin.cash/

2017-12-26 16:39:14 UTC  

@this_that5553 is BCH just Bitcoin with faster and cheaper transfers?

2017-12-26 16:57:36 UTC  

Yeah basically. The website explains it

2017-12-26 18:56:01 UTC  

I actually really like bitcoin cash and their phone wallet

2017-12-26 18:56:04 UTC  

pretty slick

2017-12-26 19:48:04 UTC  
2017-12-26 20:04:51 UTC  

@this_that5553 sounds like what bch did. though in this guy's version he divies up Satoshi Nakamoto's coins too

2017-12-26 20:05:35 UTC  

Yeah idk. If there’s gonna be forks left and right, sounds pretty bad for the future tbh

2017-12-26 20:06:54 UTC  

I have a feeling these at least one of these changes will be incorporated into Bitcoin core, it will solve the current transaction problems with bitcoin, and the alternative forks will fade into obscurity, but at least now they provide the competitive pressure to cause btc to innovate

2017-12-26 20:07:41 UTC  

Although because the forks keep the current block chains up until their fork, the controllers of btc are effectively in control of the forks too

2017-12-26 20:08:41 UTC  

I think the bitcoin core team will ultimately be pressured more by the general public's inability to use btc in everyday commerce rather than by any pressue from altcoins

2017-12-27 00:08:33 UTC  

I’m not concerned about the number of forks. There are 5,000 alt-coins and that’s fine, there can be 5,000 forks too.

2017-12-27 00:10:13 UTC  

I’m confident that BCH is the future. Segwit was originally created so as to slightly increase tx capacity without increasing block size. Now small blockers are learning the hard way that 1 MB doesn’t work.

2017-12-27 00:12:14 UTC  

So there’s some proposal to combine segwit and a smaller 4 MB blocksize increase. I wouldn’t back it. Segwit is needless complexity and most segwit supporters also support Replace By Fee, which allows reversible transactions which is a disaster. BCH is simple, honest, and scaling.

2017-12-27 00:13:19 UTC  

Bitcoin core is also bankrolled by Blockstream, so they might never change.

2017-12-27 01:09:31 UTC  

Excellent speech about how crypto can end wars:
https://youtu.be/joITmEr4SjY

2017-12-27 01:30:20 UTC  

I'm going to pick up some other coins on binance soon. I was planning on using litecoin, but is ether or bitcoin a better option?

2017-12-27 02:09:06 UTC  

dude don't touch Litecoin

2017-12-27 02:09:14 UTC  

the founder sold all of his

2017-12-27 04:00:54 UTC  

@Tanner - SC if you look at the segwit plans for the future, they’re planning on adding a lot. Bigger block sizes, contracts, etc

2017-12-27 04:01:17 UTC  

I don’t see a point in BCH and other forks if the core team just incorporates the changes

2017-12-27 05:01:49 UTC  

looking into Electroneum (ETN) right now. promising.

2017-12-27 05:03:43 UTC  

one of the biggest token sales when in development at $40M total

2017-12-27 23:34:56 UTC  

@here Just a generic but friendly reminder not to risk money you can't lose

2017-12-27 23:35:27 UTC  

☝🏻☝🏻☝🏻

2017-12-27 23:35:41 UTC  

2017-12-28 00:00:50 UTC  

Someone suggested i buy Ripple at 1.10 but my finances are fixed to buying Ramen for the forseeable future

2017-12-28 00:36:03 UTC  

Weev seemed very optimistic about Monero. He said he no longer holds much bitcoin and invested it there instead. Thoughts?