BASED

BigMarch8761

Tickers to Company names are wrong. But the idea is exactly what you should be doing. In fact you can afford way more (intelligent) risk but this is good enough. I’d suggest you look other decentralized technologies in the fields of AI/Privacy/DeFi specifically as these narratives have the most opportunity. Below are some coins you can consider: - $TAO : Decentralized LLM Compute - $RENDER : Decentralized GPU rendering - $BASED : Decentralized Privacy L1 for ZK-LLMs There’s others, but this is a solid place to start. NFA. The allocations, and timing of entries and exit are your responsibility

solomonsatoshi

If you study Bitcoin you will eventually come to several realisations. OP has not yet achieved these realisations so lets spell it out for them and others who may still be in the same fiat debt dominant narrative boat! If Bitcoin becomes the dominant monetary system PEOPLE WILL BE HIGHLY INCENTIVISED to have much MORE SAVINGS and MUCH LESS DEBT. You see dear OP, the fiat debt based monetary system rewards the banks to the exact extent that they issue debt. They issue debt toward us citizens and our governments making us and our governments their slaves. THIS IS TRULY HOW THE FIAT DEBT BASED MONETARY SYSTEM WORKS. So, contrast this with a Bitcoin centred monetary system where citizens are generally much more incentivised to save and much less incentivised to be in debt. There will still be situations where debt is a useful mechanism but it will be more likely organised P2P between savers and those who can propose a truly productive investment proposition that is likely to reward investors with a rate of return better than simply holding Bitcoin. If you still dont get it do some more research about how Bitcoin differs from Fiat. Enjoy your journey as it has clearly only just begun!!

MilkMySpermCannon

IDK what country you live in so this will be assuming what I would do in the US. Some starting points, figure out your annual expenses and make a budget. If you're at 2.3M *after* tax you can safely withdraw 4% of that each year in perpetuity. If you're younger than retirement age (62-67 in the US) I would withdraw less than 4% to ensure lifelong security. Health insurance is expensive when you don't get free medicare. If you're not confident enough to manage the investments yourself, consult a **FEE BASED** financial advisor. That one time fee will give you everything you need to manage it yourself. Do not get somebody that will charge a percentage based fee of your total investments to manage it. Personally I'd go 80% stock 20% bonds, but I'm more aggressive. You need to figure out how aggressive you want to be, and a good advisor will help you figure out where you land. With that much money in crypto I'd liquidate most of it and retirement with less risk yielding investments. Again, up to you to decide there. Good luck.

Critical_Arm_7826

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RandomUserBob

Nope, that's not correct - I only wish it were I'm currently speaking with an accountant about this, as I am spending and so declaring my CGT - and I'm UK resident - different countries may have different rules. 0.2 at $10k = amount spent: 2k for 0.2 0.2 at $50K = amount spent: 10K for 0.2 your overall cost is 12K and you now have 0.4 if you were then to sell 0.1, that's a 1/4 of your owned stash, so 3K of the 12K spent (1/4 of what you spent) is applicable for CGT. After identifying this, then we take into account limitations (i.e. how much u can cash out before you owe anything - 3K this fiscal year), then you tax rate goes up **BASED ON YOUR INCOME, AND HOW MUCH YOU SELL** - and it scales. worked example (**CAVEAT**: I don't remember the exact figures here, hence why I have an accountant to hand, but so you can see the picture): - Upto 40K, tax rate is 20% - 40K to 50K, tax rate is 25% - beyond 50K, tax rate is 30% Now, imagine you earn 35K a year, and on top of this you sell some BTC and after working out your average cost to purchase, 20K is the difference (price bought at vs price sold at) - the first 3K is tax free irrespective, leaving 17K applicable to CGT - 5K of the 17K would be at 20%, because you earned 35K in wages, 35 + 5 takes you to the next tax bracket - the next 10K of the 17K is beyond the 40K so is taxed at 25% - the last 2K is beyond the 50K mark so is taxed at the 30% rate so, overall, ur CGT would be: (20% of 5K) + (25% of 10K) + (30% of 2K) = 1 + 2.5 + 0.6 = 4.1K for selling 20K when ur income is 35K. simple? nope ... **AGAIN, FIGURES HERE ARE NOT RIGHT, I'M JUST PAINTING THE PICTURE OF HOW IT'S DONE. AND NO I'M NOT A FINACIAL ADVISOR!!!!**

Thin-Psychology7179

Yeah these dumb fucks even suck at math ? Everyone is looking to buy sport cars and shit they were brainwashed with called as good , not knowing it’s all about food and survival in reality. Bitcoin is not brought to cost 1 billion the price of USD SUCKERS BITCOIN IS A CURRENCY ITSELF SO STOP FUCKING PUMPING IT DOLLAR BASED AND START USING IT TO BUY/TRADE FOR DAY TO DAY ESSENTIALS. That if you believe that Btc will replace fiat and you have read even a small part of what “SATOSHI NAKAMOTO” wrote when presenting bitcoin. Rather then that profit suckers are everywhere , in fiat and crypto and so on. If you wait BTC to be 1 Btc=1B $ then keep dreaming. It may never happen and if it did , be sure the government/controllers have found a way to fake your wealthiness and they will still live better then you do. Keep flaming people when they say the truth but also keep fucking dying and going to jail for few $. We all dying anyways it’s suffering for some and a fun show for others

thedrinkmonster

BASED Trump

archyteckie08

**60 minutes did a profile on Amazon back in the 90s.** The beginning of the profile featured Jeff Bezos and they made him seem nutty. Just like modern journalist do with "Crypto Bros." Then the journalist asked a business anaylst, around 6:09 mark, >**Journalist:** Is this \[buying Amazon Stock\] investing or gambling? >**Anaylst:** Ahh.., Right now with the frenzy we've had...to me it feels much more like gambling >**Journalist**: Because its crazy! >**Anaylst**: Well..I don't I don't find it rational, to be honest with you. >**Journalist**: It went up almost a 1000% last year. When have you seen anything comparable? >**Anaylist**: Nothing [https://youtu.be/Yv8MrBBuRqI?si=aEd3Y9ea7kMgZhf-&t=349](https://youtu.be/Yv8MrBBuRqI?si=aEd3Y9ea7kMgZhf-&t=349) **Here's a fact: NO ONE HAS EVER 100X ON AN INVESTMENT BASED OFF "FUNDAMENTALS". You can only 100X off of faith in a founder's vision**. The founder's vision is based off faith in an unproven idea. To outsiders, faith looks like gambling, hero worship, or pure insanity. But to the true believer, its the surest thing in the world. **Tom Alberg, one of Amazon's earliest investors, invested in 1995. He did so by faith not fundamentals.** In hindsight, he made the right choice. But in 1995, his investment seemed like a gamble; https://www.geekwire.com/2020/tom-alberg-bet-seattle-amazon-shaping-regions-tech-industry-building-legacy-understated-influence/. This is what true faith looks like in practice. In order to see the real value in Crypto (or any emerging industry), you must have faith in it. If you don't have faith, all Crypto seems like gambling or a scam. **Most Crypto skeptics either invest in the stupidest projects, invest in good projects but sell far too early, or invest in nothing at all and call everything a scam. Since they lack faith, they lack discernment and will never see any gains from Crypto until it is too late.** Their interest in Crypto is superficial, either to "get rich" or to "mock believers". You'll never get 100X gain with such "Weak Hands" mentality. **Fred Wilson, an investor who lost big in the dotcom boom but later invested in Etsy, Twitter, MangoDB,** **and helped led Coinbase's Series A funding in 2013, was quoted** in the book "Boom Bust: A Look At the Economic Bubble" on the Dotcom bust: >**A friend of mine has a great line. He says "Nothing important has ever been built without irrational exuberance." Meaning that you need some of this mania to cause investors to open up their pocketbooks and finance the building of the railroads or the automobile or aerospace industry or whatever.** And in this case, much of the capital invested was lost, but also much of it was invested in a very high [throughput](https://en.wikipedia.org/wiki/Throughput) backbone for the Internet, and lots of software that works, and databases and server structure. All that stuff has allowed what we have today, which has changed all our lives... that's what all this speculative mania built. **The payoff in Crypto won't happen for maybe 10 more years. However Crypto Whales have faith to hold out until it pays out.** It helps that DeFi allows Whales to borrow, lend, or gain interest from their holdings. Whatever gain they make from DeFi, they reinvest into the Crypto market. Whales are able to buy Bitcoins, in bear and bull markets, from their DeFi windfalls. **A purely opportunistic way to invest in Crypto is to just track Whale wallets and invest in whatever they invest in.** These Whales get to know the founders of major Crypto projects through their connections. So they've have a better insight of the "fundamentals" of Crypto projects, than some random on Reddit. But then again, a lot of Whales also have a Reddit account. So you can't rule out all Redditors or Twitter users. The co-founders of Coinbase meet each other through Reddit; [https://www.cnbc.com/2021/04/14/coinbase-co-founders-launched-when-a-bitcoin-btc-was-worth-6.html](https://www.cnbc.com/2021/04/14/coinbase-co-founders-launched-when-a-bitcoin-btc-was-worth-6.html)

danielbilinovich

Check out BASED/SOL on DEX Screener! https://dexscreener.com/solana/7rhUbTbunhohLoxQs1powsr7hs4jKJVbuwgb3erzZ6HH

danielbilinovich

DEX screener. Ticker is BASED and it’s called DevBased

2lytaco2006

LFG $BASED dev!

2lytaco2006

$BASED dev is legit. Take a look for yourself

LatinumGirlOnRisa

comedy that illustrates well why/how so many who are in a hurry have a fundamental misunderstanding about Bitcoin and what makes it different than any other coin & token asset. also why it's important to READ & pay attention to the details in educational articles & videos..and of course, the BTC whitepaper & the halving , tokenomics + healthy crypto safety & security practices. and to never rely on information in a forum BECAUSE though many get things right, far too many get it wrong, spreading misinformation or in some cases, deliberate. *MIS-*information. all should be studied well and *before* buying into Bitcoin. otherwise anyone not understanding it properly can lose funds due to a lack of knowledge & carelessness. Bitcoin is a once in a lifetime opportunity among many opportunities - some that might be good ones but they don't even come close to what Bitcoin offers, long term. and all good & decent human beings deserve a real chance to get out from under the albatross that is the DEBT BASED, centralized government fiat currency system that will never recover from the weight of its own disastrous & deliberate structuring: [The Creature from Jekyll Island: A Second Look at the Federal Reserve](https://www.goodreads.com/en/book/show/66499)

Who_Knew710

\[CTO\] $Wik Killed The Dev BASED COMMUNITY - Moontok Listed - DEX Paid - SolTrending #1 [u/JuhnWickCTO](https://www.reddit.com/user/JuhnWickCTO/)

nonamesecret

BASED

Based_Ape_Yacht_Club

$BAYC #NFT #BASED #BAYC #basechain #memecoin #memecoinseason #memecoins2024 #StayBased #BASEDAPES

Novel-Counter-8093

BASED

Background-Paper-686

Nope. I'm giving you an opportunity to SHILL ME and EVERYONE ELSE READING the meme coin that BEATS Catgirl BASED on Vitalik's post IN The CMC Top 1000. Can you name any or...?

CointestMod

#Bitcoin Cash Pro-Arguments Below is a Bitcoin Cash pro-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

BlapThatKneecap

BASED

Then-Signature2528

BASED $Brett 💰💰🚀🚀

sporadicmoods

BASED

sporadicmoods

BASED

nejaeden

BASED

CointestMod

#Bitcoin Cash Pro-Arguments Below is a Bitcoin Cash pro-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

Dettol-tasting-menu

Hmm I’m trying to remove as much misunderstanding as possible. Your 24 words is your private key. You don’t really use it for transactions day to day. At least not us humans. It’s for our backup and recovery. So it’s like an emergency backup when you lost your phone or your hardware wallet no longer works. Keep it super secret and never tell anyone your 24 words. You need some wallet software to convert your private key (24 words) into usable public addresses. A good wallet should keep your private key extremely secure. But there is always risk that someone could hack into the software and get access to your 24 words, thats why hardware wallets are invented. It’s another layer of security removing the 24 words from the software wallet, and store it in a hardware secure element that’s never connected to the internet (cold). Once you have your wallet set up, the wallet will give you unlimited number of public addresses BASED ON your secret private key. The public address is like your bank account number (roughly) you can safely give it to people and people can pay bitcoin to your public addresses. As human users we only deal with these public addresses, not our private key. Keep your private key 24 words safe and you won’t be needing it unless you need to recover from backups. Hope this helps. This is really bitcoin 101 the most basic operation. There are millions of YouTube and webpages teaching you in a much clearer way. Please do some homework before sending bitcoin around there is no help desk to reverse anything if something goes wrong.

fairysquirt

so developers aren't allowed to talk positively about projects developing services in their specific blockchain space? the market responding and the person talking aren't the same thing. you're applying degen logic to vitalik technically discussing the merit and usefulness of a project built within his eco... vs applying it to how people are mindless and clueless with their money, they have heaps of it but don't know where to put it. so any sign of authenticity or legitimacy is all they need to get some clear vision of the merit of a project in an otherwise over flooded and abundant space rife with smart contract layer1 clones building out their whole ecos to replace every function possible. there's 10s of thousands of ecos now, look at venom, it has a name sake project for every single function possible within venom space. like many others... and your issue is VITALIK BURTERIN OF ETHEREUM, TALKING ABOUT ETHEREUM BASED PROJECTS SPECIFICALLY INTERACTING WITH HIS BLOCKCHAIN. ENS is used to give vanitys and useability for adoption and many other sakes instead of complex 0x addys, it is ETHEREUM NAME SERVICE, like the .com boom of crypto. He is merely saying it's a valuable service to have for eth. "IMHO very BAD" get your head out of your ass, if a weather man talks about the weather and people go put on a rain coat is that in your opinion "VERY BAD!"

spitlead

BASED There is no second best.

sporadicmoods

This is the most REALEST and BASED comment I’ve read in a while lol

leonida_92

You people here need to start learning macro economics and market movement in general. Crypto is part of the whole market now. Apple is one of the biggest companies right now and their first Iphone wasn't even working when they announced it. Even if solana went down, you should have already at least doubled your money by now. PRICE MOVEMENT IS NOT BASED ON THE TECHNOLOGY DURING A BULL RUN. If you believe in the technology of a coin, hold it during a bear season.

sporadicmoods

BASED …keep going bro 💯🔥

sporadicmoods

BASED

Gmoneymoney7

stacking hard assets to give to family members is extremely BASED

AnitaBath7

#BASED

Rice-Fragrant

Even before I found bitcoin, I was a gold bug and instinctively knew that fiat currency were worthless debt backed coupons… EVER SINCE MY FIRST JOB, after paying my monthly expenses, I DUMPED ALL FIAT CURRENCY LEFTOVER INTO HARD ASSETS. My normie parents and extended family couldn’t figure out how comes my networth was like 3-4x that more more “educated” cousins etc. One person even thought I was selling drugs… because I wasn’t as broke as he was even though on paper he made 50% more than me and had a degree etc. ITS THE DEBT BASED FIAT MONETARY SYSTEM STUPID! It’s just another form of parasitism… the sooner you figure it out, the better. Fiat = slave currency

metalzip

dangerously BASED

Rice-Fragrant

Wages not keeping up are the PRODUCTS OF A DEBT BASED FIAT SYSTEM… this is why it doesn’t even matter what the minimum wage is… they could make a minimum wage of $100/hr and all that would happen is that the cost of living would increase 10x because it’s still a debtfiat fugazi currency being created via debt/credit.

Agree-Refuse-69

BASED

disgustingEvan

Anyone trading based on Elon tweets alone will get wrecked. This person likely is some dumb rich bastard to won't actually care about turning a million bucks into nothing. That's how disproportionate wealth is in our world today. Like for instance while speaking of Elon, you'd have to live like 10,000 years spending 80k a day to spend what he has. Who needs that? And what's even more insane is when you think about how much he has, then you ask, why would someone so rich need to constantly manipulate the crypto markets? It's 100% purely for his ego. DO NOT TRADE BASED ON ELON TWEETS.

adamdmn

BASED and REBASE, same bs

tyedyegreg

Freaking BASED!!!

timbulance

BASED

confirmSuspicions

BASED rugpuller

Pr0Meister

Can't go wrong with a coin named COIN. But BASED looks based as well.

coinfeeds-bot

tldr; The trading volume of Coinbase's layer-2 blockchain, Base, has surpassed $200 million due to the rise in activity and the emergence of new tokens. Crypto degens, who invest in new tokens without proper knowledge, have contributed to the increased network activity. Traders bridged to Base and bought newly launched tokens like BALD, OPTISM, COIN, and BASED through decentralized exchanges like LeetSwap and RocketSwap. Base recorded over 536,000 transactions in the past 24 hours, with users sending more than 33,000 ETH to the platform. However, some users faced issues with swapping leading tokens like BALD, leading to rumors of foul play. Despite this, traders like cheatcoiner on Twitter have made significant profits, with one trader turning a $500 investment into $500,000 in less than 24 hours. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

crua9

Just a heads up it isn't a pure win. Like from my understanding it is just pushing the goal post. What this does is basically if we didn't buy directly from a company, then it isn't a security BASED ON THAT ALONE. Meaning we aren't 100% out of the woods on this

SHAQFATTY

BASED!

CointestMod

#Bitcoin Cash Pro-Arguments Below is a Bitcoin Cash pro-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

CointestMod

#Bitcoin Cash Pro-Arguments Below is a Bitcoin Cash pro-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

CointestMod

#Bitcoin Cash Pro-Arguments Below is a Bitcoin Cash pro-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

CPhaze

Exactly. Why put into a 401k BASED on Bitcoin when you can instead allocate directly into real Bitcoin? Not sure if company matching is worth an IOU.

Maleficent-Care-5612

This memecoin is not normal very bullish community and BASED DEV

DingDongWhoDis

Your real world karma is really something today, huh? Feel better? Love the know it all nonsense in this market. Everything besides BTC/ETH ("BLUECHIPS, TRUST ME, BASED ON A WHOLE DECADE OF DATA! AND I'VE BEEN HERE SINCE...") is IOTA. The ego is hilarious. It all ends up the same!? LOL. You're such an OG with zero tunnel vision, and your wisdom had undoubtedly netted you unlimited riches. Have a great day.

caco101

BASED

ersleid

It doesn't matter what anyone else's opinion on an investment is. What matters is yours, since that's your money. Are you one of the crazies predicting BTC $100k EOY? Go ahead, buy a lot now. If you believe it's going to $100k, then the logical action would be to buy now. It doesn't matter what I think, it's your money. Do you believe BTC will go below $10k within this year and never go higher than that again? Then sell if you have any bags (and short if you want to risk a bit for some gains). That's the logical thing to do if you believe as such. Again, it doesn't matter what I or anyone else thinks; it's your money after all. Seriously. No offense, but what I see happening in your case is like you have the hypothesis of the latter and yet you are not selling (doing the logical thing to do BASED on the hypothesis you arrived at yourself), and instead you are holding. But then you complain as soon every other day it drops, even though you have your hypothesis firmly set on a bearish outlook.

Boddis

They are not called meme coins because their coins are memeable. They’re a called BASED off of memes. And if you think people didn’t throw money in to Doge when it first came out you’re mistaken. I’m sure you’ll gather some moons for this though, so good job.

smilingbuddhauk

BASED indeed

CointestMod

#Bitcoin Cash Pro-Arguments Below is a Bitcoin Cash pro-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

CointestMod

#Bitcoin Cash Pro-Arguments Below is a Bitcoin Cash pro-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

caco101

BASED if either holds monero already or swaps it for it and claims to conveniently lose the keys

Apprehensive_Crow500

Coin BASED

skyvina

BASED

Novel-Counter-8093

BASED

FoulmouthedGiftHorse

Again, this is ALL BASED on the exchange rate with FIAT CURRENCY with NO connection to the production of goods and services (presumably, the same goods and services that you will want to buy with your crypto). You keep talking about "price" as if Binance and Tether cannot fake the "price" through the exchange of debt or through painting the tape. The same fucking shit happened back in the 1920's. There is no transparency for their business practices. It is going to crash (due to the inability to "cash out" to fiat - you know, the thing that it is priced against) and everyone here will find out that they paid WAY too much for their digital coins. Again, all of your arguments only center around the capital markets. Once again, these crypto markets have no connection to labor or production and are simply speculative investments - NOT CURRENCIES.

Novel-Counter-8093

BASED

kisstheraino

Coinbased is Coin**BASED**.

EpicHasAIDS

I read it but I think it's nonsense honestly. If you fundamentally understand what happened at SVB, Bitcoin couldn't have done a damn thing about it. Simply put : \- SVB went from $50B to $200B very quickly because of the tech boom. \- SVB chose to invest in long term low interest rate paper with NO INTEREST HEDGING. I can't stress enough, in University I did practice questions in class about how to manage interest rate risk in these exact situations. \- Tech shit the bed, people started taking money and then the ban k run became a real thing. BTC couldn't have stopped any of this. What should have stopped it is interest rate hedging. Had the idiots hedged their interest rate risk in the treasury things would have been ok. That being said, I think the tech boom fizzling would have ultimately seriously hurt their business though it wouldn't have killed it. Now if we had a system BASED ON BTC then maybe, but then we're arguing about fantasies.

RedOctobrrr

Here's what I did - and keep in mind this is *COMPLETELY BASED ON FEEL* BTC goes from $20k to $40k. The hardcore DCA'er will have put $500 into BTC on the first of the month at $20k, then the next month, another $500 at $40k. If it goes up to $60k before the end of the month, their next purchase will be... you guessed it... $500 at $60k. Now here's what the DCA-based-on-feels, aka dynamic DCA would do: BTC just went from $30k to $20k, so instead of $500, this person dumps $1,419 in because that's all they have. It then goes to $40k and this person is a genius, but they sit on the sideline, don't drop a dime into BTC because it just ran up. It goes up to $60k and they feel like they missed out, but they are still WAAAAY ahead of the common DCA'er described above anyways. Shit doesn't feel right to invest any more. Cash is accumulating. BTC dumps hard to $43k. This person drops $800 in. BTC drops again to $28k, this person scrounges every last penny and throws another $650 in. BTC drops to $18k and this person starts investing $500 every chance they get. $16k - same. They have a "gut feeling" that this is a good entry point. BTC goes back up to $24k, this person stops investing, it just doesn't feel right. BTC goes back to $16k, more monthly investments. Basically, it's someone only investing when they think they're getting a deal, and will keep dropping in money regularly so long as it's looking like a deal and never immediately after a run up, whereas the common DCA'er who screams "yOu CaNnOt TiMe tHe MaRkEt EvEr!!!!" just kept throwing in money even after a 65-110% run up simply because it's the first of the month and they got paid.

abdelilah_dr

Wait what!!? Who are you!? And what does BASED INTRODUCED means!? I’ve several questions about that tbh.

Apart_Maintenance611

Why on earth would call something BASED INTRODUCED? Too long and extremely lazy-able word to spell out.

Future_S7033

So close to calling it BASED, what a missed opportunity.

Future_S7033

They were so close to calling it BASED, what a missed opportunity.

Raysti

I just asked it when the next bull run will start. It told me 2021. Seems legit. : When will the next bull run start? ChainGPT: AS A LANGUAGE MODEL, WHILE I CAN PROVIDE PREDICTIONS BASED ON HISTORICAL DATA AND CURRENT MARKET TRENDS, IT'S ESSENTIAL TO UNDERSTAND THAT THE CRYPTOCURRENCY MARKET IS HIGHLY VOLATILE AND SUBJECT TO VARIOUS EXTERNAL FACTORS THAT CAN CAUSE FLUCTUATIONS IN PRICES. THEREFORE, ANY PREDICTIONS MADE SHOULD BE TAKEN AS ESTIMATES AND NOT AS A GUARANTEE. BASED ON MY ANALYSIS OF HISTORICAL DATA AND CURRENT MARKET TRENDS, I PREDICT THAT THE NEXT BULL RUN WILL START SOMETIME IN 2021. HOWEVER, IT'S IMPORTANT TO CONDUCT FURTHER RESEARCH AND CONSULT WITH A FINANCIAL ADVISOR BEFORE MAKING ANY INVESTMENT DECISIONS.

CointestMod

#Bitcoin Cash Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Bitcoin Cash Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/ovmtt8/rcc_cointest_coin_inquiries_bitcoin_cash/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find arguments on this topic in other rounds.

Spyrothedragon9972

BASED

CRYPTO-LOUDER

Congrats 👏 my friend next leg 2 BTC KEK BASED

CointestMod

#Bitcoin Cash Pro-Arguments Below is an argument written by Blendzi0r which won 1st place in the Bitcoin Cash Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the pros of BCH? > > ​ > > **IT’S MORE SCALABLE THAN BITCOIN** > > As mentioned in the introduction, BCH has bigger blocks than Bitcoin. It allows the network to handle more than 200 TPS compared to Bitcoin’s 7. [Transactions on Bitcoin Cash are faster and transaction fees are lower](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). > > The average transaction fee on BCH network usually stays substantially below one cent while an average transaction fee on Bitcoin network is usually much above $2 and during congestion, like earlier this year, can even reach [more than $60](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html). > > ​ > > **IT’S BASED ON BITCOIN…** > > As a hard fork of Bitcoin, BCH offers many benefits of Bitcoin fundamentals, like anonymity, reliability (they both use the same cryptographic hash functions - [Secure Hash Algorithm 2](https://en.wikipedia.org/wiki/SHA-2)), limited number of coins that will ever be issued ([21 million](https://decrypt.co/34876/why-is-bitcoins-supply-limit-set-to-21-million), same as Bitcoin) and, last but not least, the codebase. > > ​ > > **… BUT IT HAS MORE FUNCTIONS AND UPGRADES…** > > BCH is utilizing smart contracts, including [Cashscript](https://cashscript.org/). Cashscript will bring [DeFi](https://en.wikipedia.org/wiki/Decentralized_finance) into Bitcoin Cash, so it might compete with other DeFi platforms. There are also other developments like CashSuffle and CashFusion that [further improve privacy on social networks](https://changelly.com/blog/btc-vs-bch/). > > And while Bitcoin had it's last upgrade in 2017, Bitcoin Cash is upgraded regularly. The [last upgrade](https://news.bitcoin.com/bitcoin-cash-upgrades-successfully-network-works-as-intended/) was applied in May this year and was focused on improving the user-experience and double-spending protection. BCH developers are also aware of the past tensions that resulted in hard forks and decided to implement [CHIPs](https://bch.info/en/chips) that are supposed to make future upgrades more off-centered, independent and overall smoother. > > ​ > > **… AND IT’S CLOSER TO WHAT SATOSHI NAKAMOTO INTENDED** > > In July 2017 [Roger Ver](https://en.wikipedia.org/wiki/Roger_Ver) and others stated they felt that adopting BIP 91 (that would later activate [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp)) favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. That's why Bitcoin Cash was created. > > In the [whitepaper](https://bitcoin.org/bitcoin.pdf), Satoshi Nakamoto intended Bitcoin to be a transactional currency - “an electronic cash system". But today, it needs to rely on the second layer solutions in order to achieve that, therefore [some people argue](https://www.newsbtc.com/news/bitcoin/roger-ver-bitcoin-cash-is-a-better-investment-than-bitcoin/) that Bitcoin Cash is closer to what Nakamoto described. > > ​ > > **IT’S ONE OF THE MOST ACCEPTED CRYPTOCURRENCIES** > > As of 21.10.2021, [1168 merchants accept Bitcoin Cash](https://acceptbitcoin.cash/). And despite the fact that Bitcoin has risen in value since the hard fork while Bitcoin Cash has dropped in value a little, it’s still one of the most popular coins and the project is continuously developed. > > ​ > > **SUMMARY** > > Although Bitcoin Cash supporters claim that it can do whatever Bitcoin does but better and although it is one of the most popular cryptocurrencies that is constantly updated, it's impossible to deny the fact that it has lost against Bitcoin when it comes to adoption. And, unfortunately for BCH, it's all about adoption. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/ovmtt8/rcc_cointest_coin_inquiries_bitcoin_cash/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find arguments on this topic in other rounds.