CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers. Stay safe 🙏🏻🙏🏻🙏🏻
I lost everything to a Bitcoin scam my life savings ---- the next time if they'll be one. The person or for Firm I put my money with will be at arms length. For obvious reasons
I'm enjoying investing under a platform that brings good returns in my life and I've been making my weekly returns without stress all in crypto currency ❣️
Have you heard of Mark Ramsey of UCLA Anderson financial institution, his methods are legit and works like magic, I keep on earning and learning every week with his new strategies.
Hello I'm new to bitcoin trade and i have been making few loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
@@nicholaskalf3976 That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts
I’m just watching and watching.... when it will totally get into my brain 🧠 I don’t know.... but I will just keep on watching it over till the day I can understand it totally
Despite the political controversy in the comment section, I really appreciate the sense you are able to make of most of this for people out of the tech loop. Subscribed!
This video is great, thank you. You explained the arguments against larger block sizes but you never gave the arguments against decreasing the transaction sizes on a block.
Saying that the big block camp was led by bitmain and Roger Ver is pretty off the mark. They were just two high profile supporters of increasing the blocksize limit among many others, including the most relevant businesses and original developers. (Coinbase ran XT and was completely removed from Bitcoin.org because of it. Satoshi explained explicitly how the blocksize limit would be increased in the future. Gavin Andreson is on record saying that Bitcoin Cash is the project Satoshi left to him, before the people he brought into the project kicked him out. He also introduced BIPs to increase the blocksize limit. Mike Hearne rage quit over the fact that, as far as he was concerned, the Bitcoin project failed since the Bitcoin community was so effectively hijacked by folks pushing for small blocks. 90% of miners signaled for blocksize increases, but were terrified enough of public confidence going down and lowering their profits that they let social astroturfing and the extremely vocal minority decide the future of the chain. The following businesses and miners supported increasing the blocksize as well: OKCoin, HaoBTC, Genesis Mining, Multipool, F2pool, Antpool, Bitfury, BTCC Pool, KnCMiner, BW.com, Slushpool, Paxful.com, Bread Wallet, and many others.) Also, saying that Segwit "effectively reduces transaction size by 75%" is almost sort of true, but very misleading. It just moves the signatures away from the transactions and stuffs them somewhere else that un-upgraded nodes won't look for them, so that those nodes still think there's a 1MB blocksize limit, even though blocks could now effectively be bigger than that when including the transaction data that's stored elsewhere. It's really a kludge of an upgrade, all so that people who didn't care enough to upgrade their software could keep following along with the chain. You conflate raising the blocksize limit with *not* making it more efficient, when BCH is actually extremely dedicated to increasing efficiencies, because its developers realize they **have to** in order to keep the larger blocksizes manageable by the network, reducing centralization pressures that will show up at many times the current transaction throughput! Layer two solutions like the lightning network are welcome on the Bitcoin Cash chain as there is demand for them, and will actually work better on BCH than on BTC because layer two solutions still require using the "Base Layer" to do things like open and close channels. Currently, the blocksize limit is COMPLETELY NEGLIGIBLE as a centralization pressure compared to Mining ASIC costs and electricity costs. In fact, the small blocks have been a bigger centralization force than large blocks could have been for a long, long time. It hurts smaller miners that have to join pools, where those pools make regular payouts to the individual mining operations... but those regular payouts cost transaction fees, which are much higher when the blocks are artificially limited, disproportionately decreasing the profits of smaller miners. So there has been pressure for miners to merge so that a smaller percentage of their profits get sucked away by fees, or even until they are large enough to solo mine instead of staying independent. Not only do small blocks have the drawbacks you mentioned in this video, they actually make the problem people say they solve MUCH WORSE. The highway analogy is completely useless because the analogy doesn't accurately reflect the underlying technology. Technology is constantly improving, leading to "more land" available all the time. Roger Ver did not purchase the Bitcoin.com domain to promote Bitcoin Cash. He bought it to promote Bitcoin, which is digital cash. When BTC stopped being digital cash, he switched to supporting Bitcoin Cash, which still worked as digital cash. You said Bitcoin Cash doesn't support the lightning network, which is straight up misinformation. You don't need segwit or a malleability fix to create the lightning network. (It just makes the coding easier.) Bitcoin Cash's most recent difficulty adjustment algorithm is actually MORE CONSISTENT than BTC's. It's algorithm at the time of the fork was an emergency measure to make sure the chain would stay alive in the case of very little hashpower.
The point I get from this lengthy explanation is that Bitcoin is an unfinished product, and as long as its own community is fighting amongst itself competition is enabled. The only thing missing is the flashpoint for a proper network effect that competition needs to overtake Bitcoin with all of its forks. BTC will be overtaken one day, and it will be from more than one alternative. It may take a while to get there, but this market is moving fast as it is.
Well, listening to 99Bitcoins I was wondering "If one camp wants to optimize bitcoin, and the other camp wants to increase block size... why wouldn't the big block camp ALSO optimize? I mean, it just wouldn't make sense for Bitcoin Cash not to include optimizations made by the small block camp? And why would the big block camp be opposed to lightning network?" In other words, the 99Bitcoins explanation left more questions than answers. So, (assuming Bitcoin Out Loud is telling the truth), that would explain a lot. Yeah, if an optimization has major drawbacks, that makes sense why Bitcoin Cash wouldn't adopt it. And if Bitcoin Cash is in favor of lightning network or similar solutions, that also makes sense. After all, it's clear Bitcoin Cash is still not a good solution to make micro transactions by itself, so another solution is needed.
Thank you for posting this. I was also frustrated with the big amount of incorrect things this guy said. Sometimes people read a few lines here and there and pretend to know the best. Most of the people have been mislead about what the real purpose of bitcoin is. Nowadays it's all about buy-hold sell at higher price to someone dumber than you who's gonna pump your bags.
Thank you for all the explanations. It's really interesting. I've gone through your videos so as to aid me take a better decision. I want to start investing in Bitcoin and I really need to get more clarity and understanding of how it works. I'm still on the go based on your lectures. Thank you. Please any other advice I'm ready to go with it.
For that last analogy we didn’t only invest in file compression technology. We also dramatically increased storage capacities, processing speeds, internet speeds, etc. you have to do both.
Thank you for the video sir, it was very informative! As somebody who is new to investing in general and cryptocurrency specifically, forgive me if this seems like a naïve question: Would it be Counterproductive to buy equivalent shares of bitcoin cash and bitcoin SV? In other words with the success of one be at the expense of the success of the other?
Oh my goodness, just trying to begin my Bitcoin and cryptocurrency education, and I run into this. Let me lay a foundation of understanding, and then I'll come back to this.
If a blockchain forks. Do I suddenly have the same balance in two seperate accounts, one in either blockchain? Assuming I can exchange to FIAT at an unchanged rate for both coins, do I now have double the money I had before?
Although we have invested in compression algorithms, we also have better and bigger drives, that can handle more data and are much faster (like SSD cards). The main issue with not adding more space to the blocks is that it hurts adoption right at the beginning. It doesn't matter if you can download blocks with a tamagochi if the fees are so damn high people will dismiss it. BCH will eventually need better ways to scale than raising the block size, but it needs users first. Just another food for thought: I'm a barrely connected region in central Brazil and my network would take only 20 seconds to download a 32mb block.
Not everyone is supposed to run a node. Its a complete fallacy. SPV clients are good enough for the general public.. Nodes are only needed for mining and advanced users.
The right choice of investment has always been a big problem for me because I know that picking up the wrong investment will leave a big scar in the future...
It feels good to know that we still have trustworthy people like ma'am Christine Morgan, I'm very delighted I was transformed through her platform God bless her abundantly
Bitcoin Cash is the real Bitcoin. Bitcoin was never meant to be only a store of value. BTC's ticker symbol should be changed to BTC SOV. "Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." ~ First line of the Bitcoin white paper.
Hi Nate, and thank you for the time and effort you put into your quality videos. I like your presentation style and enjoy watching your very informative videos on unfamiliar topics, in layman terms. :) You even do bloopers quite well! :) Please continue!
I would be curious to see if 99 Bitcoins would also do an in-depth video on Bitcoin SV specifically as well. I think it would be just as insightful as this one was and provide more succinct information un the updates in the time since this video was made.
So many traders are afraid and confused different testimonies, different managers and still yet they still lost their money in the hands of scammers,my advice for everyone is that you all should be careful because i was a victim of such and i was lucky i met the right Mr Charles @Charles_forex09 0️⃣n InSTA who i trust now without any fear to loose my money because i have benefited from him more than 5 times..
Bitcoin Cash is actually closer to being what Satoshi intended Bitcoin to be. The larger block sizes enable it to outperform BTC. You will soon see people transferring from BTC to BCH as it is almost free to move around and their gains will have a much larger potential because of it's lower price and there is much negativity regarding BCH that is simply just propaganda that will slowly fade away. BCH will be more stable due to it's growing and soon to be massive user base. Have you googled SmartBCH yet? Imagine using BCH as gas to move ERC-20 tokens...
Lightning Network and Segwit are failures for BTC. They don't help BTC at all as any new spike of users will lead to high fees. People promote LN without understanding that LN has many problems. In order to use LN you need to open/close channels which still uses BTC blockchain meaning if fees go to 37usd again, you would have to pay 37usd to open a channel. Also, every LN wallet is hot wallet and vulnerable to attacks. Wallets have to be 247 online to receive funds. The LN network has to lock up extremely large sums of money to fund LN channels and all those have security risks as they are always online. LN is absolutely non profitable, the capacity of the network is falling because there's no point locking up so much money and not getting any profit + the risk of losing the funds when LN exploits happen. Also, the BTC roadmap is to move transactions offchain to LN, people dont realise that in 5 years BTC block rewards will go down to 75% so in order to maintain current security of the network, user will have to pay average $60 fees per transaction. That's ridiculous. BTC is a perverted version of Bitcoin. By contrast BCH is aiming to scale on chain by having many transactions with small fees which bring revenue to miners and help secure the network even after block rewards go to 0. BCH can scale long term but BTC cannot scale at all.
this, and also lightning network is developped and will be managed by blockstream, and guess who funds / influence this company ? private banks ! which means potentially more surveillance and regulation by governments...
Very glad I have discovered your training. Wish i had before I started working my account. I bought bitcoin cash, thinking it was cash that would go into my bank account since they asked for my bank account. The cost was 29.00. Now found out it is another bitcoin, like you explained. I have more in my cash bitcoin than in bitcoin. Should I put it back in the bitcoin or keep it here in cash bitcoin? My interest is to grow my bitcoin generally.
@@charlene6044 none. can't use PC anymore to mine bitcoin, it is not powerful nor efficient enough to make a profit. the only thing that is profitable at this moment is using ASIC miner.
The segwit size is not reduced by 75%, it is actually **increased** by a very small amount. The 75% refers to a fee discount for the witness data and allows transactions to have a cheaper calculated fee cost. Segwit itself does not remove any data, and the small increase in size is metadata to allow the signatures to be treated differently. Despite this, I believe a segregation between the data is a good thing, but that it should've been done as a hard fork to reduce some of this added complexity. Furthermore, I think this video mostly does a good job at explaining the differences, but when it tries to explain the reasoning behind the small and big blockers decisions, it simplifies to a point where it is easy to make the misstake to think that a blocksize increase is the only scaling mechanism that the big block supporters want. Big blockers building on bitcoin cash have, as proven by actual fork upgrades, implemented changes that help scaling in more way than just the blocksize.
Yo what's up with the math in the max block size, avg. tx size, and avg. tx per block section of the video. How is it that a single 1MB block can hold up to 2700 transactions with an average size of 370KB if a single megabyte is only equivalent to 1024 kilobytes? I must be missing something. Can someone explain please. Thank you in advance.
Investing into any of the Crypto currencies is very productive it just depends on what you have and with the way everything is down, no better time than now to invest.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
Bch is fast. I just diversify into the tops, these videos remind me when bitcoin came out. Then it surprised many. I think this one may surprise aswell. But again, I diversify. Bch was a must for me.
@@moy6569 I agree I actually jumped into bitcoin sv. I am going with the smart money the top market cap ones to 10 coins. I dont care how much hate they get the smart money talks by way of market cap. Something tells me bitcoin sv is going to meet exploding. Price action talks 17...mill coins . I like the potential of our future tech with this one. I have nothing against btc. The istutututional investors have spoken and the want digital gold for now a store of value but after the price maxes out dont you think we will want tech that can change the way we live. The future is being built right before us and I will capture the run up bit coin at a hundred. Risk to reward here looks good to me.
Bitcoin should be transparent and it isn't as easy as people thinks it is ,there are so many strategies to be learnt and unfolded about bitcoin trading
Cryptocurrencies has changed the world's system and actually made life a lot easier for both the younger and older generations, especially for me, although i made few losses and it wasn't quite easy for me until i started making a good income stream from last year during the pandemic
@@sarahflores7079 i watched and learnt more from the beginners guide videos and also made investments with a very good and trustworthy broker kathy oleary, which also helped boost my income streams tremendously.
It's quite amazing to see someone who knows kathy oleary from here, with her there's no room for loss, she has an amazing trading skill and she's reliable and trustworthy. I'm currently on my sixth trade with her. if it's the kathy oleary you're talking about though
How can one get through to kathy oleary, I've seen many testified about her good works in the world of crypto and humanity, i don't need to waste anymore time, i think i should give it a try with the little i have
THE RICH STAY RICH BY SPENDING LIKE THE POOR AND INVESTING WITHOUT STOPPING THEN THE POOR STAY POOR BY SPENDING LIKE THE RICH YET NOT INVESTING LIKE THE RICH.
Hi Nate: I've been watching all the videos you've sent thus far. I am very appreciative as they are well produced, very informative, and easy to understand. I'm near ready to begin to invest in crypto and BTC but I have one thing that yet worries me? Q. If the government wanted to get rid of crypto could they not just flip the internet kill switch temporarily and destroy the record of the block chain, or if an EMP killed worldwide power and do the same thing or is there a non destructible non perishable back up record of the entire block chain that could ensure the entire block chain record and everyone's store of value will remain in tact and remain readily accessible to owners and merchants without any problems? Thank You so much for all your videos and work.
@Bridget Luke I'm from Germany I used to take loan from bank for surviver but after trading for real expert Nora She changed my financial status for real
Nice to look at, fun to play with, can't by anything with Them, coins very big, fills a lt to storage. Good to invest in for coincollectors, can also be used like feng shu coins to draw in wealth, but the walue is what You paied for Them plus shipping.
Barry Silbert is a very good broker who has be helping me and my husband.i have make a lot of money through him. Contact him via Cellphone((+17603031618)) or Whatsapp can also contact Via email(barrysilbert@libero.it)
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
I'm from Brazil, I and two other of my friends tried meet her few months ago and immediately we testified , she performing wonders and I still wondered how she got her strategies
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
CAUTION!! Many scammers are using the comment section to promote their scams and sometimes even use the name “99Bitcoins” in their profile. Never send money to someone you don’t know and don’t accept offers to trade or exchange cryptocurrency from strangers.
Stay safe 🙏🏻🙏🏻🙏🏻
I lost everything to a Bitcoin scam my life savings ---- the next time if they'll be one. The person or for
Firm I put my money with will be at arms length. For obvious reasons
@Jean Lucas dont message them^ anyone who offer services in comments are scammers
Should be common sense but it isn't apparently
@@billadams8154 stupidity.
@@FreshOzie you it would seem are a scammer.
@@billadams8154 I'm a scammer because I called you stupid for falling for a bitcoin scam? 😂
The amount of time we spend believing we can't is more than enough time to learn how you can.
- my Brain
Beautiful said
2022 online stock is just difficult and unbelievable, I'll rather invest my money on crypto
People are ignorant of the profitability in bitcoin Investment and that had been their major issues limiting their Investment
I'm enjoying investing under a platform that brings good returns in my life and I've been making my weekly returns without stress all in crypto currency ❣️
Is about ten months now I started investing with her and it's been a good experience
The amount of time we spend believing we can't is more than enough time to learn how you can.
Am definitely stealing this, you are genius.💯
some people are so poor all they have is money"
You are absolutely right👍,
Assets and investment is that tiny line that separates the rich from the poor.
Have you heard of Mark Ramsey of UCLA Anderson financial institution, his methods are legit and works like magic, I keep on earning and learning every week with his new strategies.
Hello I'm new to bitcoin trade and i have been making few loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?
*+12106002806*
Whatsapp for guidance
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
I've been making some few loses, can you please introduce me to your broker?
@@nicholaskalf3976 That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts
@@woodyyap3036 I trade with expert jessica her strategies are out of this world
I’m just watching and watching.... when it will totally get into my brain 🧠 I don’t know.... but I will just keep on watching it over till the day I can understand it totally
I>n>v>e>s>t> d>a>n>s> c>r>y>p>t>o>
w>h3>3>5
Me too 😂
That's what I've been doing my friend. I'll keep watching until it gets right there before I make a move to invest.
Despite the political controversy in the comment section, I really appreciate the sense you are able to make of most of this for people out of the tech loop. Subscribed!
Hello mate, leave me your email address I have a business proposal for you
Love the outtakes! Also, your explanations are clear, concise, and professional. Thank you for all you do!
U can trade yourself.
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
Your videos are best for beginners. I keep coming back to this channel. Keep up the amazing and insightful work.
This video is great, thank you. You explained the arguments against larger block sizes but you never gave the arguments against decreasing the transaction sizes on a block.
+1 208-469-8490.
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
Saying that the big block camp was led by bitmain and Roger Ver is pretty off the mark. They were just two high profile supporters of increasing the blocksize limit among many others, including the most relevant businesses and original developers. (Coinbase ran XT and was completely removed from Bitcoin.org because of it. Satoshi explained explicitly how the blocksize limit would be increased in the future. Gavin Andreson is on record saying that Bitcoin Cash is the project Satoshi left to him, before the people he brought into the project kicked him out. He also introduced BIPs to increase the blocksize limit. Mike Hearne rage quit over the fact that, as far as he was concerned, the Bitcoin project failed since the Bitcoin community was so effectively hijacked by folks pushing for small blocks. 90% of miners signaled for blocksize increases, but were terrified enough of public confidence going down and lowering their profits that they let social astroturfing and the extremely vocal minority decide the future of the chain. The following businesses and miners supported increasing the blocksize as well: OKCoin, HaoBTC, Genesis Mining, Multipool, F2pool, Antpool, Bitfury, BTCC Pool, KnCMiner, BW.com, Slushpool, Paxful.com, Bread Wallet, and many others.)
Also, saying that Segwit "effectively reduces transaction size by 75%" is almost sort of true, but very misleading. It just moves the signatures away from the transactions and stuffs them somewhere else that un-upgraded nodes won't look for them, so that those nodes still think there's a 1MB blocksize limit, even though blocks could now effectively be bigger than that when including the transaction data that's stored elsewhere. It's really a kludge of an upgrade, all so that people who didn't care enough to upgrade their software could keep following along with the chain.
You conflate raising the blocksize limit with *not* making it more efficient, when BCH is actually extremely dedicated to increasing efficiencies, because its developers realize they **have to** in order to keep the larger blocksizes manageable by the network, reducing centralization pressures that will show up at many times the current transaction throughput! Layer two solutions like the lightning network are welcome on the Bitcoin Cash chain as there is demand for them, and will actually work better on BCH than on BTC because layer two solutions still require using the "Base Layer" to do things like open and close channels.
Currently, the blocksize limit is COMPLETELY NEGLIGIBLE as a centralization pressure compared to Mining ASIC costs and electricity costs. In fact, the small blocks have been a bigger centralization force than large blocks could have been for a long, long time. It hurts smaller miners that have to join pools, where those pools make regular payouts to the individual mining operations... but those regular payouts cost transaction fees, which are much higher when the blocks are artificially limited, disproportionately decreasing the profits of smaller miners. So there has been pressure for miners to merge so that a smaller percentage of their profits get sucked away by fees, or even until they are large enough to solo mine instead of staying independent. Not only do small blocks have the drawbacks you mentioned in this video, they actually make the problem people say they solve MUCH WORSE.
The highway analogy is completely useless because the analogy doesn't accurately reflect the underlying technology. Technology is constantly improving, leading to "more land" available all the time.
Roger Ver did not purchase the Bitcoin.com domain to promote Bitcoin Cash. He bought it to promote Bitcoin, which is digital cash. When BTC stopped being digital cash, he switched to supporting Bitcoin Cash, which still worked as digital cash.
You said Bitcoin Cash doesn't support the lightning network, which is straight up misinformation. You don't need segwit or a malleability fix to create the lightning network. (It just makes the coding easier.)
Bitcoin Cash's most recent difficulty adjustment algorithm is actually MORE CONSISTENT than BTC's. It's algorithm at the time of the fork was an emergency measure to make sure the chain would stay alive in the case of very little hashpower.
The point I get from this lengthy explanation is that Bitcoin is an unfinished product, and as long as its own community is fighting amongst itself competition is enabled. The only thing missing is the flashpoint for a proper network effect that competition needs to overtake Bitcoin with all of its forks. BTC will be overtaken one day, and it will be from more than one alternative. It may take a while to get there, but this market is moving fast as it is.
Well, listening to 99Bitcoins I was wondering "If one camp wants to optimize bitcoin, and the other camp wants to increase block size... why wouldn't the big block camp ALSO optimize? I mean, it just wouldn't make sense for Bitcoin Cash not to include optimizations made by the small block camp? And why would the big block camp be opposed to lightning network?"
In other words, the 99Bitcoins explanation left more questions than answers.
So, (assuming Bitcoin Out Loud is telling the truth), that would explain a lot.
Yeah, if an optimization has major drawbacks, that makes sense why Bitcoin Cash wouldn't adopt it. And if Bitcoin Cash is in favor of lightning network or similar solutions, that also makes sense. After all, it's clear Bitcoin Cash is still not a good solution to make micro transactions by itself, so another solution is needed.
Thank you for posting this. I was also frustrated with the big amount of incorrect things this guy said. Sometimes people read a few lines here and there and pretend to know the best. Most of the people have been mislead about what the real purpose of bitcoin is. Nowadays it's all about buy-hold sell at higher price to someone dumber than you who's gonna pump your bags.
Unfortunately he is not explaining the differences from a neutral view, he is clearly pushing for Bitcoin instead of Bitcoin cash
this guy bitcoin cash's
Amazing explanation! Thanks a lot
Hello nice commenting! I think 🤔 you should chat Kelvin he will be of great help to you
+ 1 8 5 0 8 1 5 2 6 4 4....
You’ve given me more than I can work for. And I’ve come to say, I can’t thank you enough
Really appreciate the way you explain this information Thank You!
Hello nice commenting! I think 🤔 you should chat Kelvin he will be of great help to you
+ 1 8 5 0 8 1 5 2 6 4 4....
Thanks bro
The traffic analogy was great!
Your content is incredible. I appreciate it so much.
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
Thank you for all the explanations. It's really interesting. I've gone through your videos so as to aid me take a better decision. I want to start investing in Bitcoin and I really need to get more clarity and understanding of how it works. I'm still on the go based on your lectures. Thank you. Please any other advice I'm ready to go with it.
Don't invest anymore than you can afford too lose
Gorgeous info & explanations..😮
For that last analogy we didn’t only invest in file compression technology. We also dramatically increased storage capacities, processing speeds, internet speeds, etc. you have to do both.
YOU ARE SO GOOD WITH THE EXPLANATIONS, YOU DESERVE A REWARD.
Doing a great job Nate!
I understand it well thank you. very good explanation
The details discussed in this video perfectly encapsulate everything I appreciate about cryptocurrency.
You explain this stuff very well
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great video! Thank you Nate.
Hello nice commenting! I think 🤔 you should chat Kelvin he will be of great help to you
+ 1 8 5 0 8 1 5 2 6 4 4....
Thank you for the video sir, it was very informative! As somebody who is new to investing in general and cryptocurrency specifically, forgive me if this seems like a naïve question: Would it be Counterproductive to buy equivalent shares of bitcoin cash and bitcoin SV? In other words with the success of one be at the expense of the success of the other?
Both are on a long term downtrend compared to bitcoin. For a good reason. I wouldn’t bother.
This guy Bitcoins... great explanation all around, thanks! 👍🏼
Hello nice commenting! I think 🤔 you should chat Kelvin he will be of great help to you
+ 1 8 5 0 8 1 5 2 6 4 4....
Oh my goodness, just trying to begin my Bitcoin and cryptocurrency education, and I run into this. Let me lay a foundation of understanding, and then I'll come back to this.
You should also lay a foundation in grammar
@@LtFocus From someone who doesn't know to put a period at the end of a sentence.
@@kings17court lmaooooo
What a dumbass
@@LtFocus , there's nothing wrong with his grammar.
Thank you very much!
+4"4"7"4"4"1"4" 6"2"4"2"7
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
Excellent, informative explanation.
Thank you for your comment and view, trust me I don't take them for granted. I will advise you start up your investment and thank me more soon 💯
Thank you, great info
+4"4"7"4"4"1" 4"6"2"4"2"7
Really exceptional contents . Please : do you have a video about what is a Block?
I am blown away by this explanation. Thank you so much and please keep educating the public in the easiest and simplest way to understand.
Thank you for your comment and view, trust me I don't take them for granted. I will advise you start up your investment and thank me more soon 💯
[ω:h:a-tsa:p
➕1➖7➖0➖ 8 ➖ 6 ➖ 2 ➖ 1➖ 0 ➖ 2 ➖ 5➖ 3
keep up thr good work mate ! very nice vid
Hello mate, leave me your email address I have a business proposal for you
What's the new tx/sec of the bitcoin after its update ? Thanks for this excellent video
Millions of tx / second in layer 2
You've done such an amazing job with all these videos. I'm a new fan these guys should hire you as the official spokesperson :-)
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
Thanks for this wonderful explanation about bch. more videos pls!
Hlw ...
If a blockchain forks. Do I suddenly have the same balance in two seperate accounts, one in either blockchain? Assuming I can exchange to FIAT at an unchanged rate for both coins, do I now have double the money I had before?
I'm binge watching this entire channel.
Although we have invested in compression algorithms, we also have better and bigger drives, that can handle more data and are much faster (like SSD cards).
The main issue with not adding more space to the blocks is that it hurts adoption right at the beginning. It doesn't matter if you can download blocks with a tamagochi if the fees are so damn high people will dismiss it.
BCH will eventually need better ways to scale than raising the block size, but it needs users first.
Just another food for thought: I'm a barrely connected region in central Brazil and my network would take only 20 seconds to download a 32mb block.
Try and sync a full, archival Geth node and let us know how you get on....
Not everyone is supposed to run a node. Its a complete fallacy. SPV clients are good enough for the general public.. Nodes are only needed for mining and advanced users.
Investment are stepping stones for success. Waiting for the government to provide is a big waste
Well said investing is good but investing in the right thing is the actual key to success.
The right choice of investment has always been a big problem for me because I know that picking up the wrong investment will leave a big scar in the future...
Investing in Bitcoin is another way of ensuring steady cash flow, I've been earning every week for a year now.
Is about ten months now I started investing with Christine Morgan and it's been a good experience all through....
It feels good to know that we still have trustworthy people like ma'am Christine Morgan, I'm very delighted I was transformed through her platform God bless her abundantly
Awesome video my man
I am glad you think so! Thank you for supporting our channel :)
Bitcoin Cash is the real Bitcoin. Bitcoin was never meant to be only a store of value. BTC's ticker symbol should be changed to BTC SOV. "Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." ~ First line of the Bitcoin white paper.
omg, you are the best. thnx!
Hi Nate, and thank you for the time and effort you put into your quality videos. I like your presentation style and enjoy watching your very informative videos on unfamiliar topics, in layman terms. :) You even do bloopers quite well! :) Please continue!
I would be curious to see if 99 Bitcoins would also do an in-depth video on Bitcoin SV specifically as well. I think it would be just as insightful as this one was and provide more succinct information un the updates in the time since this video was made.
the person who made this video has no clue how any of these 3 forks work
Hahaha. Bloopers.
But Thank you for sharing this solid information in such a professional and yet easy to understand manner.
+1 208-4698490
I always like a neutral, objective guide.
While well presented, this guide isn't anywhere near objective. Look into the history of the scaling debate, and see my comment on this video.
So many traders are afraid and confused different testimonies, different managers and still yet they still lost their money in the hands of scammers,my advice for everyone is that you all should be careful because i was a victim of such and i was lucky i met the right Mr Charles @Charles_forex09 0️⃣n InSTA who i trust now without any fear to loose my money because i have benefited from him more than 5 times..
Sure u can have that.
@@BitcoinOutLoud mor0n
+44740
I appreciate that you covered this without once using the word scam.
CryptoAnarchy never believe I can still get $8k worth of bitcoin through PayPal transfer @jyme28 on Instagram helped me a lot, best Btc hacker.
@@tradewithkasey2808 trash
Bch follows the white paper I prefer Bitcoin cash when sending money because it’s cheaper to use and more places accept it as currency
Bitcoin Cash is actually closer to being what Satoshi intended Bitcoin to be. The larger block sizes enable it to outperform BTC. You will soon see people transferring from BTC to BCH as it is almost free to move around and their gains will have a much larger potential because of it's lower price and there is much negativity regarding BCH that is simply just propaganda that will slowly fade away. BCH will be more stable due to it's growing and soon to be massive user base. Have you googled SmartBCH yet? Imagine using BCH as gas to move ERC-20 tokens...
Lightning Network and Segwit are failures for BTC. They don't help BTC at all as any new spike of users will lead to high fees. People promote LN without understanding that LN has many problems. In order to use LN you need to open/close channels which still uses BTC blockchain meaning if fees go to 37usd again, you would have to pay 37usd to open a channel. Also, every LN wallet is hot wallet and vulnerable to attacks. Wallets have to be 247 online to receive funds. The LN network has to lock up extremely large sums of money to fund LN channels and all those have security risks as they are always online. LN is absolutely non profitable, the capacity of the network is falling because there's no point locking up so much money and not getting any profit + the risk of losing the funds when LN exploits happen. Also, the BTC roadmap is to move transactions offchain to LN, people dont realise that in 5 years BTC block rewards will go down to 75% so in order to maintain current security of the network, user will have to pay average $60 fees per transaction. That's ridiculous. BTC is a perverted version of Bitcoin. By contrast BCH is aiming to scale on chain by having many transactions with small fees which bring revenue to miners and help secure the network even after block rewards go to 0. BCH can scale long term but BTC cannot scale at all.
this, and also lightning network is developped and will be managed by blockstream, and guess who funds / influence this company ? private banks ! which means potentially more surveillance and regulation by governments...
Very glad I have discovered your training. Wish i had before I started working my account. I bought bitcoin cash, thinking it was cash that would go into my bank account since they asked for my bank account. The cost was 29.00. Now found out it is another bitcoin, like you explained. I have more in my cash bitcoin than in bitcoin. Should I put it back in the bitcoin or keep it here in cash bitcoin? My interest is to grow my bitcoin generally.
I can help you with that, leave me your email address I will get back to you
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
very informative !
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?
Great video with an unbiased view
I've been mining BCH for 3 years, but i've just learn its history today😂
What the best computers to use for mining bit
@@charlene6044 none. can't use PC anymore to mine bitcoin, it is not powerful nor efficient enough to make a profit. the only thing that is profitable at this moment is using ASIC miner.
Fantastic explanation
Glad you liked it
This is great thank you!
+4"4"7"4"4"1"4"6"2"4"2"7
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
Making money is an action, Keeping maney is behavior, but "Growing money is wisdom"…..
God you are amazing in explaining this. Thanks
Best explanation
Don’t use the lords name in vain 😤
Nice one
omg this video is amazing
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
The segwit size is not reduced by 75%, it is actually **increased** by a very small amount. The 75% refers to a fee discount for the witness data and allows transactions to have a cheaper calculated fee cost.
Segwit itself does not remove any data, and the small increase in size is metadata to allow the signatures to be treated differently.
Despite this, I believe a segregation between the data is a good thing, but that it should've been done as a hard fork to reduce some of this added complexity.
Furthermore, I think this video mostly does a good job at explaining the differences, but when it tries to explain the reasoning behind the small and big blockers decisions, it simplifies to a point where it is easy to make the misstake to think that a blocksize increase is the only scaling mechanism that the big block supporters want. Big blockers building on bitcoin cash have, as proven by actual fork upgrades, implemented changes that help scaling in more way than just the blocksize.
Say what ?
I don't know who needs to hear this, you've got to stop saving money, invest some part of it, if you really want financial freedom
Invest in bitcoin, gold, silver, but stock, forex market, commodities. Just invest and save yourself
Good talk tell my friends everyday, it's good to save money but got have that investing spirit if you really want financial freedom
What if you don't know how to trade any of these?
Muna Robert trading is the best platform if you are interested in trading your bitcoins
@Naataly brensky +1/4/7/8/2/5/7/1/0/0/7
food for thought. Thanks
Hello mate, can i get your email address? I have something that will intereste you
Just received a pop up from eTORO right here. Does 99
Bitcoin work with eTORO?
That I do not really know but you can contact Alex James he helps me out with my investment
BCH...might just become more adopted by the world. While...BTC will be horded by big institutions and the greedy, glutenious rich.
Somewhat as a psych op imho, bc MANY will want to hold onto the cash-mindset.
That's the plan.
Roger didn't bought Bitcoin.com to promote BCH. Bitcoin.com was purchased by Roger long time back to promote Bitcoin.
adele buznowa never believe I can still get $8k worth of bitcoin through PayPal transfer @jyme28 on Instagram helped me a lot, best Btc hacker.
@@tradewithkasey2808 LOL.
Please help me I new how I can
Nate you are the men.Gracias
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?
Yo what's up with the math in the max block size, avg. tx size, and avg. tx per block section of the video. How is it that a single 1MB block can hold up to 2700 transactions with an average size of 370KB if a single megabyte is only equivalent to 1024 kilobytes? I must be missing something. Can someone explain please. Thank you in advance.
Investing into any of the Crypto currencies is very productive it just depends on what you have and with the way everything is down, no better time than now to invest.
So true investing now is the best option
Wow nice one Mr Ali.
This video just opened my eyes to things I never knew about bitcoin cash.
@@alipadma4308 Seriously dear , it did
This investments are highly recommended but how then can one invest with the right broker or platform.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
Assets that can make one successful in life
I.Crypto
2.Stocks
3.Shores
You are right
But I don't know why people remain poor due to ignorance
It's not ignorance but unprofessional broker in the market....
Thanks for the Great Video,one thing: Transaction size you have mentioned wrongly as 370kB, instead of 370 bytes
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this is awesome.
Thank you for your comment and view, trust me I don't take them for granted. I will advise you start up your investment and thank me more soon 💯
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This video is full of inaccuracies. Get more info from other sources before making your mind up. BCH is going to surpass BTC. Do your own research!
Look up Bitcoin cash and see how fast it is. It can actually be used as $.
Bch is fast. I just diversify into the tops, these videos remind me when bitcoin came out. Then it surprised many. I think this one may surprise aswell. But again, I diversify. Bch was a must for me.
@@moy6569 I agree I actually jumped into bitcoin sv. I am going with the smart money the top market cap ones to 10 coins. I dont care how much hate they get the smart money talks by way of market cap. Something tells me bitcoin sv is going to meet exploding. Price action talks 17...mill coins . I like the potential of our future tech with this one. I have nothing against btc. The istutututional investors have spoken and the want digital gold for now a store of value but after the price maxes out dont you think we will want tech that can change the way we live. The future is being built right before us and I will capture the run up bit coin at a hundred. Risk to reward here looks good to me.
This guy is great
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere???
Bitcoin should be transparent and it isn't as easy as people thinks it is ,there are so many strategies to be learnt and unfolded about bitcoin trading
Please teach me about Bitcoin
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere?
I had 1BTC when the BCH fork happened, but haven’t yet claimed my 1BCH - no idea how...
Perhaps this guide on forks can help: 99bitcoins.com/bitcoin-forks/
Cryptocurrencies has changed the world's system and actually made life a lot easier for both the younger and older generations, especially for me, although i made few losses and it wasn't quite easy for me until i started making a good income stream from last year during the pandemic
Please how did you do it because i've made lots of losses and i haven't made any profit from trading.
@@sarahflores7079 i watched and learnt more from the beginners guide videos and also made investments with a very good and trustworthy broker kathy oleary, which also helped boost my income streams tremendously.
It's quite amazing to see someone who knows kathy oleary from here, with her there's no room for loss, she has an amazing trading skill and she's reliable and trustworthy. I'm currently on my sixth trade with her. if it's the kathy oleary you're talking about though
How can one get through to kathy oleary, I've seen many testified about her good works in the world of crypto and humanity, i don't need to waste anymore time, i think i should give it a try with the little i have
I'm new at this please how can i get through to your broker, I really need help in my trading
What is the lineage of hard forks from Bitcoin?
I think the forkdrop.io/ site will give you a detailed answer as it lists all known Bitcoin hard forks and their details.
What’s a good hardware wallet to buy Nate?
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THE RICH STAY RICH BY SPENDING LIKE THE POOR AND INVESTING WITHOUT STOPPING THEN THE POOR STAY POOR BY SPENDING LIKE THE RICH YET NOT INVESTING LIKE THE RICH.
l recommended a professional broker to you guys sometime ago, can I get person who invested with her
comment below
let's gooooog
hey wes,
l did invested with her i made huge profits
thanks for recommending her
I saw that recommendations but I did not bother chatting her up 🤦🤦🤦
who made profits for you, am really looking for a pro who can manage my account and make me huge profits
I'm glad I did withdrew my first profit two days ago now I have another ongoing trade with her
who is this professional broker and how would I be able to get in contact with her
thanks that was a good..
What is needed to get started in Bitcoin? I know as much as you want but the lease amount Ty.
+4"4"7"4"4"1"4"6"2"4"2"7
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
Unfortunately he is not explaining the differences from a neutral view, he is clearly pushing for Bitcoin instead of Bitcoin cash
Well, that is because BTC > BCH, in regard to maintaining true decentralization.
And you're clearly pushing for bcash.
Crypto currency is the future, investing in it will be the wisest thing to do especially with the current rise.
Nice words 👌
Forex real it's true this could be the wiset word I've heard, you got my point
Nice words especially with the current rise
think investing in crypto under forex will be the wisest thing to do now
I think investing in crypto under forex will be the wisest thing to do now
Hi Nate: I've been watching all the videos you've sent thus far. I am very appreciative as they are well produced, very informative, and easy to understand. I'm near ready to begin to invest in crypto and BTC but I have one thing that yet worries me? Q. If the government wanted to get rid of crypto could they not just flip the internet kill switch temporarily and destroy the record of the block chain, or if an EMP killed worldwide power and do the same thing or is there a non destructible non perishable back up record of the entire block chain that could ensure the entire block chain record and everyone's store of value will remain in tact and remain readily accessible to owners and merchants without any problems? Thank You so much for all your videos and work.
an emp can't kill all networks/computers worldwide...
The bitcoin network section was really informative, would love to see that explored as a full topic
Investing with expert Nora has been the best steep I have ever took in my life, may God bless that day I meet her
Yes I'm also a living testimony of expert Nora
@Bridget Luke I'm from Germany I used to take loan from bank for surviver but after trading for real expert Nora
She changed my financial status for real
She is the best
@Edward Warrior WASAP Expert Nora 👇
+①
7btc with the 👆👆 help of the God sent 🙏🙌I really appreciate all your efforts ans I pray May God continue to bless you
Nice to look at, fun to play with, can't by anything with Them, coins very big, fills a lt to storage. Good to invest in for coincollectors, can also be used like feng shu coins to draw in wealth, but the walue is what You paied for Them plus shipping.
Barry Silbert is a very good broker who has be helping me and my husband.i have make a lot of money through him. Contact him via Cellphone((+17603031618)) or Whatsapp can also contact Via email(barrysilbert@libero.it)
@@ellenitaliasrl6430 I get it. Think others may had considered him. You overplaying your hand. IMO
thank you
+4"4"7"4"4"1"4" 6"2"4"2"7
Fantastic opportunities to purchase 21st century TULIPS. The more you pay the more it’s WORTH 🤣🤔
Kinda like the stock market hey? everything is dumb. Putting money into crypto actually makes you good returns. everything else is smoke and mirrors.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
People remain poor out of ignorance
Please how can I reach this Woman I've already lost enough of money trading for myself
I'm from Brazil, I and two other of my friends tried meet her few months ago and immediately we testified , she performing wonders and I still wondered how she got her strategies
+ 1 5 3 9- 2 3 3 -1 1 1 0🇺🇸
Tell we I referred you
As a teacher I must say you're a fantastic educator
Hello mate, can i get your email address? I have something that will intereste you
Thank you for your comment and view, trust me I don't take them for granted. I will advise you start up your investment and thank me more soon 💯
[ω:h:a-tsa:p
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Thank you
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
great videos - thanks a looot !
Sorry for writing you, just out of curiosity your page come up on my suggested friend lists so I was just wondering if I knew you from somewhere??