London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The Ethereum ETF's approval by the SEC is a pivotal moment for the crypto market.
It promises to bring significant institutional investment and could propel Ethereum to new heights.
It further confirms mainstream adoption of Crypto !
Ethereum is a proof of stake token unlike BTC which is proof of work, QBT's methods are aimed at proof of work so don't apply to Ethereum. Although Ethereum is far more energy efficient than Bitcoin, I'm not sure why any of the Crypto's have a tradeable value since anyone, or any entity, can create their own Blockchain to do whatever's required.
Decentralised distributed ledgers will only be secure until they aren't, you can be sure bad actors are continually storing the decentralised blockchain's with a view to committing theft, or breaking the blockchain's once the technology's available to hack them. Even firewalled databases are open to attack by hackers, companies are continually fighting to secure their data and networks.
Because big money hijacked Crypto and decentralised Blockchain in general, it's hard to find content talking about the possible weaknesses.
https://www.youtube.com/watch?v=XyyGq3GX4K0
Fleccy , it was a general comment / update from the crypto space , yet you immediately hone in on how it can only be unrelated or negative for QBT .... you're obsessed with finding fault or the negative with all things QBT ... you cant let anything ride , just for its general content , without finding a negative connotation in relation to QBT ..... so very apparent!
De-fi is here to stay .... get over it !
Pas. Absolutely spot-on, another one with an agenda. Happy bank holiday people.
Fleccy, it is already possible to buy Amazon products using Bitcoin Cash on Bitgree so maybe time to give up on the Bitcoin has no real value or real world use ;-)
https://www.bitgree.com/buy-things
I would add that BTC with small blocks isn't and cannot be A P2P Electronic Cash System for the world which was the whole point of Satoshi creating Bitcoin in the first place
Bitcoin Cash: A Peer-to-Peer Electronic Cash System
The same 21M max supply as BTC
Same halvings
Same miners
Same Genesis block
BCH big blocks, scales on-chain, is fast and cheap to transact P2P on L1
Bitcoin Cash is up over 300% in one year, around twice as much as BTC and the BCH chart looks like Bitcoin in 2016
FG said QBT were setting up a mining operation about 2 years ago, he could have bought a few rigs and mined BCH as a solo miner (solo miners still finding blocks)...
Investors could have seen results by way of BCH HODL and FG could have built a stronger narrative around QBT's R&D...
Just saying
DS I understand what you're saying, but I already purchase products from Amazon using my Debit card, why would I need to use BCH to do what I can easily do already. On a few occasions we've also had to return products and request refunds.
If I'm understanding Bitgree correctly, you make a wish list and someone agrees to purchase the product using Fiat, and you then subsequently release your agreed BCH payment from Escrow to the purchaser once you receive the product; I assume in the case of fast product returns the BCH will remain in Escrow until the goods are returned, and the actual purchaser receives their funds back from Amazon, at which point the wish lister is refunded their BCH from Escrow; I'm not sure how this works if the transfer is completed and the product goes faulty soon after the transaction's are completed. The transaction doesn't actually take place using BCH, it's just a barter system where someone else is offering to purchase you goods in exchange for your BCH; It seems a little bit complicated and I can see how it might go wrong. I'll just add I've only taken a quick look at this and formed a judgement based on little research, so apologies if I've misunderstood something.
The BCH map of retail that accept Bitcoin Cash as payment may be a better example of how Crypto or in this case Bitcoin Cash has value even in its infancy:
https://map.bitcoin.com/
OMG - fleccy on duty- lock up everything š
Fleccy - there are a million other pure crypto and BTC related forums to choose from and where your discussion points would be much more on topic.
Why not engage on one of those?
š¶