Discover and read the best of Twitter Threads about #bcash

Most recents (7)

1/n To understand if $35k #Bitcoin makes any sense, you need to 'zoom out' first. First of all, we've never had $500 million+ buy orders executed in a couple of days. Not to mention an S&P500 company using it as reserves. Grayscale GBTC captured huge inflows, while gold ETF bled
2/n Keep in mind, USD fiat had bottomed vs global currencies (DXY) to a 3y low. However, as vaccination grew and companies such as $NFLX reported subpar numbers as life returned to normal, there was less reason to bet on some catastrophic event
3/n By April S&P had fully recovered, breaking 4.000 and real estate prices boomed as well. Just as BTC reached $60k, Janet Yellen and Chistine Lagarde both started citing the need for crypto regulation due to illegal activities. Kraken CEO alerted the "crackdown" on April 12
Read 17 tweets
This is a fractal with a May 2019 re-accumulation range.

I believe the chart is self-explanatory

This is one of the highest probabilities you can get in trading when everything is lined-up in confluence. HTF, LTF & Cycles.

#Bitcoin #Bcash #BitcoinCash #BCH Image
Looking at the Green H4 cluster itself, we can see they are identical as well.

Those who have not skipped MS teachings should also be able to see behind the curtain

Buying opportunity should come around apx around Sunday-Monday on a pullback of HL

#BCH #BitcoinCash #Bcash Image
If you find this fractal valuable please like & share so others can take advantage of it all alike. Thank you!
Read 6 tweets
#Top10 #cryptocurrencies [by #MarketVolume] on the 3rd of April, 2020 according to Dxone Exchange.
Number 10:

#OKB token by @OKEx

It is an #ERC20 token with a market cap of 1,221 Million #USD. It's key utility is discounts on #trading fees, voting rights, ability to invest in #incubated projects and #sharing_revenue.

(Source: cryptobriefing.com/what-is-ok-exc…) via @crypto_briefing
Number 9:

#BNB by @binance

@cz_binance's brainchild, the BNB #token powers everything in the Binance ecosystem. What was once just a #cryptocoin for exchange is a full-fledged #Ethereum competitor and sits at 1,917 Million USD market cap
Read 12 tweets
The only thing that makes the #bcash #bch drama exciting how centralized it is around a few key players, like Bitmain and their 1mil bch bags.

They'll do anything to pump those bags, but it's not real.
The most valuable #bcash fork would be the one that doesn't change, since long term value comes from long term confidence, not short term feature improvements.

The sum of the two *new networks*, rogercash + SVcash < original #bcash network.
Holding both forks is objectively worse than dumping the loser and buying the winner. And since it's so centralized, it should be easy to predict the winner.

Idiots thinking they'll double the total value by holding, will get relatively rekt.
Read 3 tweets
Ok, lets do some calculations on Source routing.

What's the most number of nodes you'll have to check to find a path?
The max you'll have to search is the total that exist. You're not going to check the same one multiple times.

So: If you have a partial mesh where each
/1
/2
node is connected to 10 other nodes, and your shortest path is 20 hops.
The average number of nodes would be (10^20)/2 [On average, you'd only check half the last hop)
So, that means you'd check 100,000,000,000,000,000,000 nodes, right?
*WRONG*
If there are 4 billion nodes
/3
That means, at MOST, you'd check only 4B. You don't check the same ones multiple times.
So, how long would it take a modern computer to process this?
1 Ghz = 1 Billion cycles per second.
So, a Six core 4 GHz processor has 24 BILLION cycles per SECOND.
Read 8 tweets
For ages, I've been trying to have a debate about #BCH "scaling" VS #LightningNetwork with someone technically knowledgeable, intelligent, and articulate.
I've failed in my search to find any #BCH supporter that fits one of those 3 requirements, much less all 3.
All we get are "MORE BABIES ARE DYING"
And
"I have more money than your country!"
"F*** you toddler"
and a host of easily debunked propganda being spread by non-technical, individuals with no subject matter knowledge... (Or worse, they don't even know the meaning of the words.)
So many with "Oh it's an IOU". No... Do you even know what that means?
"It's centralized" No... you clearly don't understand the meaning of centralized.
Etc Etc.
Read 38 tweets
THREAD: Ready to get mindblown by #Bitcoin #CORE implementations and progress?

Volunteers around the world gather and cumulate tons of hours from the best minds on this planet about the topic. This is a gift, an invention made to humanity.
Forget about 2nd layer, it's already and way too mainstream as I recently stated.

Yet, welcome now to the "in between layers": "The new layer can be seen as a channel factory"

bitcoinmagazine.com/articles/new-s…
Now Smart contracts.

You tought #Bitcoin was dumb? First and foremost, you were wrong because $BTC has smart contracts *since the inception*: multisign and lately get timelocks (led to LN).

If you didn't know that, admit you're never really been interested in Bitcoin or lured?
Read 35 tweets

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