Reddit User Account Overview

/u/

/u/kilrcola
Redditor Since March 7, 2015 (2,054 days old)
Karma Posts: 6,213 Comments: 13,702 Combined: 19,915
Active in


https://www.reddit.com/r/btc/comments/cnltau/fighting_fud_bitmains_ipo_to_the_us_raising_more/

# Bitmain's IPO to the US is coming soon, raising more than $1 billion: core financial data exposure **Key Points:** * **$725m Losses in January / February 2019** * **$315m Profits in March 2019** * **April expected to reach 30% Gross Profit Margin** * **Bitmain sales for Q3/Q4 predicted to be strong** * **Bitmain has good good debt ratio.** * **Bitmain valued at $13 billion dollars to $15 billion dollars** * **Bitmain were clearing old stock early in the year.** * **It is expected that the fourth quarter will usher in an outbreak** [Chinese Article HERE.](https://translate.google.com.au/translate?sl=auto&tl=en&u=https%3A%2F%2Fnew.qq.com%2Fomn%2F20190802%2F20190802A03KIS00.html) In June of this year, Bloomberg broke the news that Bitmain has started IPO matters in the United States, and will submit a prospectus application by the end of July at the erliest. Today, in July, there are still no public offering documents on Bitmain. But another mining machine manufacturer, Jia Nan Zhizhi, has secretly submitted a listing application to the US Securities and Exchange Commission (details: Jia Nan, the world's second-largest bitcoin mining machine manufacturer, has secretly submitted a listing application to the SEC). However, Uncle C recently got the latest financial information from Bitmain, and may share some of the core data with you. On September 26, 2018, Bitmain submitted a prospectus application document to the Hong Kong Stock Exchange. The document shows that the two founders, Jank Group and Wu Jihan, are major shareholders, holding 36% and 20% respectively. Since its inception, Bitcoin has mainly obtained three rounds of financing, which took place in August 2017, June 2018 and August 2018. Among them, Bitcoin completed more than $700 million in financing in the second half of 2018. At the time of the release of the prospectus, the proportion of shares held by major investment institutions was small: Sequoia Capital held approximately 3.14%, Innovation Works held approximately 1.13%, Temasek held 0.35%, IDG Capital and Beijing IC Industry The International Fund holds 0.02% and 0.07% of the shares respectively. Valuation of Bitmain to $13 billion -$15 billion US dollars The above-mentioned investors gave the information that Bitmain tried to raise $1 billion to $1.5 billion in the estimated IPO of $13 billion to $15 billion . If the valuation is true, it will increase slightly from the valuation of around US$12 billion in the second half of 2018, and will be much higher than the “only” 500 given by the Hurun Greater China Unicorn Index in January this year. The valuation of 100 million yuan, although Bitmain ranked 11th in this list. It is clear that the financial data of Bitcoin is re-optimized. Uncle C also got the financial statements of Q1 Bitmain in China this year. March profit of $315 million In the first quarter of 2019, Bitin's total operating income was US$1.082 billion, of which revenues for the first three months were 253 million, 253 million and 579 million , respectively ; gross margins were 7.91 million, 14.7 million and 25.21 million respectively. The US dollar; net profit reached $315 million in March alone, and $345 million and $280 million in losses in January and February, respectively. From the perspective of net profit and gross profit, the data is obviously not so satisfactory. To this end, Bitcoin’s internal view is that in the first quarter, mainly in clearing inventory, especially at low prices, 16nm mining machine inventory, resulting in lower gross profit margin; after the completion of the old product clearance, sales of 7nm mining machine new products Will lead to an increase in gross profit margin, and the gross profit margin in April is expected to reach 30%. It is expected that the fourth quarter will usher in an outbreak In addition, given that the mining machine belongs to futures products and has placed 200 million 7nm chips in TSMC, Bitcoin expects earnings to achieve explosive growth in Q4. For the new 7nm mining machine, Bitin's internal view said that the concept of the 7nm mining machine was proposed in 2018 and is currently done in China and Japan; Bitian is the only 7nm mine with mass production and delivery capabilities. Machine manufacturers. Here, Uncle C feels that it is advisable to make an intuitive comparison with the prospectus. According to the prospectus, the revenue, gross profit and after-tax profit of Bitcoin in 2017 were 274 million, 134 million and 83 million US dollars respectively; while the full year 2017 revenue, gross profit and after-tax profit were 2.518 billion, 12.13 respectively. Billion and $701 million. From this data, the main source of contribution to the annual income is obviously dependent on the performance in the second half . Therefore, Bitmain's sales forecast for the whole year is that Q3's cash flow will be stronger due to the customer's prepaid mining machine, but because of the small inventory, TSMC needs 3 to 4 months to produce, so Q4 will be the main issue. The time node for goods and revenue recognition. In addition to the 7nm mining machine mentioned above, the AI ​​product line is also the direction of development of Bitcoin this year. Uncle C has already mentioned it in the article in June this year (related links: the news that Bitcoin applied for listing in the US next month, previously announced by the Hong Kong Stock Exchange "death penalty"), Bitmain began to enter at the end of 2015 In the AI ​​field, R&D content includes AI chips, boards, servers, and various hardware and software products and customer development platforms. The main directions of the layout are security, campus, smart city, and Internet. At present, Bitcoin has launched three products equipped with the cloud chip BM1684. In the first quarter of this year, it has reached cooperation with China Unicom and China Mobile Hangzhou R&D Center . The revenue of Q1 is nearly 32 million yuan. Bitcoin has hundreds of millions of dollars worth of digital currency assets In terms of balance sheet, C Uncle also got the data at the end of March and the end of May. As of the end of May, Bitmain's total assets were approximately $1 billion, and the company's debt ratio after excluding preferred shares was 16%. In addition, Uncle C also received reflections and judgments on the IPO process within the Bitmain. Among them, the failure of Hong Kong's IPO, Bitmain China believes that the main reason is that the rapid decline in the currency price in a short period of time has led regulators to doubt the sustainability of their business. It is worth mentioning that Bitmain has now decided that it has no choice but to enter the US. Uncle C's point of view is that although Bitcoin currently has a market share of more than 70% in the digital currency mining machine market and has sufficient cash flow, the date of its official delivery must not wait too long . After all, the only viable listings of the three miners are currently in the United States. Once Jianan Zhizhi and even Yibang International are leading the listing progress, the order of time in the same competition will follow the listing process and market performance. Has a non-negligible influence. The ability of chip design is goal to enter the AI ​​field. Rapid financing to sufficient funds will also help Bitmain further develop its layout in the chip and AI fields. Bitmain even stated in the documents given to investors that its ultimate goal is to become a technology-based commercial company.

posted by /u/kilrcola in /r/btc on August 8, 2019 09:31:40
Top
/r/btc/comments/jdft5s/even_if_amaury_and_abc_are_the_best_developers_in/g9a3gal/

You keep putting words in my mouth so there is no point continuing with this discussion.

Commented by /u/kilrcola in /r/btc on October 18, 2020 21:10:55
/r/btc/comments/jdft5s/even_if_amaury_and_abc_are_the_best_developers_in/g9a0i82/

Unfortunately that isn't completely true. They choose where to direct hash, they choose the settings and software they run.

Commented by /u/kilrcola in /r/btc on October 18, 2020 20:42:43
/r/btc/comments/jdft5s/even_if_amaury_and_abc_are_the_best_developers_in/g99ze2z/

If a chain split occurs then that was destined. The way Bitcoin works this is allowed.

Commented by /u/kilrcola in /r/btc on October 18, 2020 20:31:51
/r/btc/comments/jdft5s/even_if_amaury_and_abc_are_the_best_developers_in/g99ylh3/

I didn't say they don't but that doesn't change you don't get a vote. The miners do.

Commented by /u/kilrcola in /r/btc on October 18, 2020 20:24:08
/r/btc/comments/jdft5s/even_if_amaury_and_abc_are_the_best_developers_in/g99y6is/

Because it's the miners decision to run the software not yours. I thought you would know this and I wouldn't have to spell it out for you but that's ok. I wasn't trying to be vague.

Commented by /u/kilrcola in /r/btc on October 18, 2020 20:20:09
/r/btc/comments/jdft5s/even_if_amaury_and_abc_are_the_best_developers_in/g99v2uh/

We don't matter unless we are mining. We aren't paying for it. It doesn't concern us at all really.

Commented by /u/kilrcola in /r/btc on October 18, 2020 19:49:14
/r/btc/comments/jdft5s/even_if_amaury_and_abc_are_the_best_developers_in/g99axlj/

That's the thing. The decision is there If you dont want to pay him, then that's fine. Don't. If you do then that's great you're rewarding the development team with infrastructure payment. This is like insurance against failure for nothing getting done. You have the choice so stop acting like you don't.

Commented by /u/kilrcola in /r/btc on October 18, 2020 16:43:01
/r/btc/comments/jcv055/bchn_supporters_are_the_new_small_blockers_lie/g96nrv5/

Your truth, not mine.

Commented by /u/kilrcola in /r/btc on October 18, 2020 01:13:55
/r/btc/comments/jbpxpo/bitcoin_cash_has_no_official_website/g96nquk/

THIS. Getting downvoted, but you're 100% correct.

Commented by /u/kilrcola in /r/btc on October 18, 2020 01:13:33
/r/btc/comments/jcv055/bchn_supporters_are_the_new_small_blockers_lie/g95t4iu/

Well aren't you a pleasant human.

Commented by /u/kilrcola in /r/btc on October 17, 2020 20:34:37
/r/btc/comments/jcv055/bchn_supporters_are_the_new_small_blockers_lie/g956myn/

It means they can't express their views without having the final say and control is taken away because what they are posting or moderating differs from the goal of the person that removed them. It has the same effect.

Commented by /u/kilrcola in /r/btc on October 17, 2020 17:28:56
/r/btc/comments/jcv055/bchn_supporters_are_the_new_small_blockers_lie/g956ggz/

He was removed as an admin. Incorrect wording, although why was he removed because his views differ slightly on the path forward?

Commented by /u/kilrcola in /r/btc on October 17, 2020 17:27:29
/r/btc/comments/jcv055/bchn_supporters_are_the_new_small_blockers_lie/g9430kg/

Thats an interesting position to take. That implies you cannot have views that oppose yours otherwise you'll be banned. This sets a precedent.

Commented by /u/kilrcola in /r/btc on October 17, 2020 11:55:31
/r/btc/comments/jc4akk/george_donnelly_receiving_death_threats_i_find/g903p6f/

I suggested this and he just scoffed. It seem's he wants to use this more to create drama and promote himself rather than BUILD as he says he wants to. Actions speak louder than the noise I'm hearing from him.

Commented by /u/kilrcola in /r/btc on October 16, 2020 09:59:40
/r/btc/comments/japxfw/looking_to_discuss_the_upcoming_bitcoin_abc/g8ruqet/

"Seem" We will see on Nov 15. 👍

Commented by /u/kilrcola in /r/btc on October 14, 2020 02:20:49
/r/btc/comments/j9wr4n/why_dont_ifp_fans_actually_hop_on_the_dash_train/g8ob1yk/

Pot, kettle, black.

Commented by /u/kilrcola in /r/btc on October 13, 2020 04:09:11
/r/btc/comments/j9dfzw/why_did_antpool_stop_signaling_bchn_on_some_blocks/g8kwrf2/

This was the case from the start, but many of those here didn't want to see it. They are likely hedging and mining both chains and seeing what will happen. You can argue all you want, but this is the highest probability that is happening.

Commented by /u/kilrcola in /r/btc on October 12, 2020 06:56:32
/r/pcmasterrace/comments/j9azx6/am_i_doing_this_right/g8jbbat/

Imagine just using a bit of autosol and a buffing machine tho. 2 hours down to 15 minutes.

Commented by /u/kilrcola in /r/pcmasterrace on October 11, 2020 18:42:44
/r/btc/comments/j7bljp/attn_exchanges_and_miners_bchn_not_abc_is_the/g8aihua/

I said miner vote, they vote with hashpower.. not signalling. Note the difference, because there IS one.

Commented by /u/kilrcola in /r/btc on October 10, 2020 01:52:05
/r/btc/comments/j7e0zs/as_soon_as_uncertainty_introduced_by_abc_will_be/g86da78/

I think whatever way it goes the price will increase once a decision has been made on what the way forward is. * Either there will be a split. Price will decrease. * There won't be a split from ABC and BCH and the price will rise without the underlying uncertainty from a potential split. The caveat is with the split one price might drop heavily and the other might rise heavily.

Commented by /u/kilrcola in /r/btc on October 8, 2020 22:04:22
/r/btc/comments/j7bljp/attn_exchanges_and_miners_bchn_not_abc_is_the/g85eqpw/

The eco system.. lol as a user. We don't get a vote. Signalling is not a good idea. I can signal X and do Y. Miner vote happens Nov15

Commented by /u/kilrcola in /r/btc on October 8, 2020 16:57:35
/r/btc/comments/j0bo1h/live_w_amaury_sechet_deadalnix_benevolent/g6tcd8b/

The flipstarters were tried. Future funding that relies upon donations is not a good model for a world economy Bitcoin Cash.

Commented by /u/kilrcola in /r/btc on September 27, 2020 04:33:32
/r/btc/comments/j0bo1h/live_w_amaury_sechet_deadalnix_benevolent/g6t466z/

You're still talking about something that happened; that was chosen not to move forward with. It also doesn't mean it was incorrect. It would have improved the emission schedule. ASERT just does it automatically also so there isn't a need for it.

Commented by /u/kilrcola in /r/btc on September 27, 2020 03:42:07
/r/btc/comments/j0bo1h/live_w_amaury_sechet_deadalnix_benevolent/g6sxm94/

What a good way to not answer the direct question. You implied he doesn't know what he's talking about in your statement and then I asked you How he is incorrect. What is he wrong about? or is this just more French man bad?

Commented by /u/kilrcola in /r/btc on September 27, 2020 03:01:30
/r/btc/comments/j0bo1h/live_w_amaury_sechet_deadalnix_benevolent/g6sup82/

What in particular in this interview is incorrect?

Commented by /u/kilrcola in /r/btc on September 27, 2020 02:44:18
/r/btc/comments/j0bo1h/live_w_amaury_sechet_deadalnix_benevolent/g6spgcg/

It got taken out. What more do you want?

Commented by /u/kilrcola in /r/btc on September 27, 2020 02:10:23
/r/btc/comments/j0bo1h/live_w_amaury_sechet_deadalnix_benevolent/g6sp67v/

Maybe Amaury wanted to focus on certain things, and not debate at this time. Which seems reasonable to do a long form interview and focus on a series of events.

Commented by /u/kilrcola in /r/btc on September 27, 2020 02:08:42
/r/btc/comments/izn327/since_abc_is_totally_going_to_lack_slp_support/g6nkdd2/

This place sucks for good comments like yours. You point out that the bias is there and instadownvoted.

Commented by /u/kilrcola in /r/btc on September 26, 2020 05:56:55
/r/btc/comments/iz241c/coin_fugazi_podcast_9_the_bitcoin_cash_moment/g6j9z9p/

Great podcast. Good to hear your take on this Kelso.

Commented by /u/kilrcola in /r/btc on September 25, 2020 09:58:59
/r/btc/comments/isg0xx/the_bitcoin_cash_mission/g581n95/

There is already a corruption vector in Flipstarter too. Person A donates money to a project, but wants the project to do say for example do something trivial and add a feature. 6 months down the track, the Person A asks the project to do something that the leaders of the project don't agree with but they do it anyway because they need funding. When you rely on someone in particular for funding then you are open to the attack vector of not doing what you intended to do in the first place. If you have clear cut funding from a place where there is no bias or no expectations to change how you do things but are clear on the end goal this isn't the case. Perhaps this video might be useful. [https://youtu.be/UaEfWmnQXeA?t=1864](https://youtu.be/UaEfWmnQXeA?t=1864)

Commented by /u/kilrcola in /r/btc on September 14, 2020 08:16:08
/r/btc/comments/irooqu/amaury_abc_have_turned_into_everything_they/g5470uc/

This whole situation is shit tbh. I wish it never happened. I get your frustration with it all.

Commented by /u/kilrcola in /r/btc on September 13, 2020 10:39:10
/r/btc/comments/irooqu/amaury_abc_have_turned_into_everything_they/g54451r/

Well you called him a pussy. In some cirles that might be classified as harrassment, but that's a guess. If they weren't punished, perhaps did you report them or not? I agree it is childish.

Commented by /u/kilrcola in /r/btc on September 13, 2020 10:20:50
/r/btc/comments/irooqu/amaury_abc_have_turned_into_everything_they/g540ctc/

Well I just think you're turning this into something it's not. You can't be mad at Shammah for enforcing the ban because you broke the rules.

Commented by /u/kilrcola in /r/btc on September 13, 2020 09:57:36
/r/btc/comments/irooqu/amaury_abc_have_turned_into_everything_they/g53xm8k/

I'm talking about the reporting. Afaik it was just Jstodd but perhaps I'm wrong also. If you get baited that's on you. As I have been baited before. I can sympathize with you on that. It's easy to lose our cool and respond as you did. I'm not a fan of reporting over something like that but it was done.

Commented by /u/kilrcola in /r/btc on September 13, 2020 09:41:23
/r/battlefield_one/comments/irp7p4/my_gender_reveal_party_was_neat/g53nd0o/

Seemed like it was a toasty party.

Commented by /u/kilrcola in /r/battlefield_one on September 13, 2020 08:44:48
/r/btc/comments/irimv5/im_baaaaack/g52z6fg/

Welcome back.

Commented by /u/kilrcola in /r/btc on September 13, 2020 06:07:29
/r/btc/comments/irooqu/amaury_abc_have_turned_into_everything_they/g52ytfx/

There is some errors here. While J-Stodd may be pro-IFP. None of the ABC crowd had anything to do with the reporting of David. Just to be clear, he acted alone. ​ We know he is crazy, but we can't choose who he supports either.

Commented by /u/kilrcola in /r/btc on September 13, 2020 06:04:28
/r/btc/comments/ir7t6y/amidst_all_the_drama_trolling_shilling_and_other/g4x0n8e/

Don't come around with with that logic or you'll get downvoted.

Commented by /u/kilrcola in /r/btc on September 12, 2020 06:01:07
/r/btc/comments/iq4ylx/btccom_is_signaling_bchn_source_collin_enstad_via/g4sls4g/

It looks like they are signalling some, and not others, they are probably hedging..

Commented by /u/kilrcola in /r/btc on September 11, 2020 00:37:42
/r/btc/comments/ip7zzc/alexander_levin_of_asicseer_bchn/g4jc3lh/

It doesn't change the fact he is looking up someone's address in the first place and then knowingly posting it. If my details are online somewhere I do not expect someone to dig it up and then post it. Even if it can be found publicly. Stop trying to justify this.

Commented by /u/kilrcola in /r/btc on September 9, 2020 07:31:24
/r/btc/comments/ip7zzc/alexander_levin_of_asicseer_bchn/g4jb966/

Hang on a sec. It's Hayden's fault somehow for not using a PO box? Please. Call out bullshit behaviour when it's bullshit. This is Alex's fault 100%. You either take a hard stance against this type of behaviour or you're enabling it.

Commented by /u/kilrcola in /r/btc on September 9, 2020 07:18:25
/r/battlefield_one/comments/inzfgs/please_i_just_wanna_have_fun/g4bqse3/

I never told him to do anything. I was making a point using sarcasm.

Commented by /u/kilrcola in /r/battlefield_one on September 7, 2020 08:54:34
/r/battlefield_one/comments/inzfgs/please_i_just_wanna_have_fun/g4bqj7l/

>nute they are making the AI eat shit and then they decide shit this could be fun against other real life players. > >Granted it doesn't hurt anyone but it sure as fuck ruins other players games. I agree it is a slippery slope. He can do what he wants for sure.

Commented by /u/kilrcola in /r/battlefield_one on September 7, 2020 08:51:11
/r/battlefield_one/comments/inzfgs/please_i_just_wanna_have_fun/g4bqg5a/

Just some guy on the internet with an opinion. Welcome to the internet.

Commented by /u/kilrcola in /r/battlefield_one on September 7, 2020 08:50:03
/r/battlefield_one/comments/inzfgs/please_i_just_wanna_have_fun/g4bcmnv/

Why.. because one minute they are making the AI eat shit and then they decide shit this could be fun against other real life players. Granted it doesn't hurt anyone but it sure as fuck ruins other players games.

Commented by /u/kilrcola in /r/battlefield_one on September 7, 2020 04:51:55
/r/battlefield_one/comments/inzfgs/please_i_just_wanna_have_fun/g4bc3i5/

Or maybe just play the game as intended. Like the rest of us do.

Commented by /u/kilrcola in /r/battlefield_one on September 7, 2020 04:42:04
/r/btc/comments/inkjrc/then_i_rallied_around_bch_and_got_treated_to_the/g4aimsb/

Admittedly it was a little low but it wasn't so bad. There is only so much you can edit audio on a video that was a streamed ripped version before you lose quality.

Commented by /u/kilrcola in /r/btc on September 6, 2020 22:07:57
/r/btc/comments/il9h5x/i_was_removed_this_morning_from_4_bitcoin_cash/g3ukah5/

You think \*BCHN has majority hash and all that implies.\* But we will see.

Commented by /u/kilrcola in /r/btc on September 3, 2020 10:21:01
/r/btc/comments/il9h5x/i_was_removed_this_morning_from_4_bitcoin_cash/g3tklhr/

They are both forking off that is the point. It would be fine if he made this clear but his use of terminology is vague on purpose. ABC upgrading each May and November is always a fork but never has it been called 'forking away'. He knows very well what he is doing.

Commented by /u/kilrcola in /r/btc on September 3, 2020 03:56:43
/r/btc/comments/il9h5x/i_was_removed_this_morning_from_4_bitcoin_cash/g3szj1c/

Here's one you keep parroting. ABC are forking off. That is incorrect and you know it.

Commented by /u/kilrcola in /r/btc on September 2, 2020 23:21:29
/r/btc/comments/il9h5x/i_was_removed_this_morning_from_4_bitcoin_cash/g3slxsi/

Consider this. You got removed because they were sick of your constant lies. The Chinese aren't dumb and you're making them out to be just that.

Commented by /u/kilrcola in /r/btc on September 2, 2020 21:15:35
/r/btc/comments/ikjxw3/the_bitcoin_cash_bch_marketing_flipstarter/g3pn7u7/

Is this a feature of donations or a curse?

Commented by /u/kilrcola in /r/btc on September 2, 2020 08:48:41
/r/btc/comments/iik3qq/the_businesses_and_holders_of_bch_are_the_ones/g37m41g/

You're making the gross assumption that they don't already hold large sums of BCH.

Commented by /u/kilrcola in /r/btc on August 29, 2020 00:28:37
/r/btc/comments/iga1ms/amaury_séchet_is_forking_bitcoin_abc_away_from/g2wcw3k/

exactly. Anti ABC want to try and frame it like ABC are hard forking, when actually it's just a normal soft fork upgrade. You may not like what they are doing, but it the same thing they have been doing for the last 2 years. They want to try and retain the ticker, unfortunately that isn't up to them or the way they TRY and frame it it is up to the exchanges. I doubt very much exchanges like Coinex will give anything other than ABC the BCH ticker. There is a chance, but I doubt it.

Commented by /u/kilrcola in /r/btc on August 26, 2020 06:58:36
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2v302x/

"Concern trolling" ok mate. Just trying to point out the obvious idiocy of counting signalling hash when fork day is November 15.

Commented by /u/kilrcola in /r/btc on August 25, 2020 21:01:52
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2v2ni4/

This race isn't run George. Nov 15.

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:58:37
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2v2e44/

Any of the big miners can change hashrate pretty quickly George. You know this.

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:56:08
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2v27wh/

Still counting hash "signalling"

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:54:32
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2v1id3/

It's closer to 54% but sure.

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:48:00
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2v15rq/

Guess we will have to wait and see, the rest is posturing.

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:44:57
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2v0vqk/

You should know better than most signalling means almost 0. What someone says and what someone will do is usually very different things.

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:42:23
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2v0l0m/

Huobi are only signalling half their hash. I wouldn't be counting your hash too early. 👌 Nov 15 is a while away.

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:39:37
/r/btc/comments/igj513/last_24h_majority_signaling_for_bchn_stats_from/g2v09pm/

This changes pretty quickly if Binance lose their 30 per cent hash rate. I hope this is pretty clear..

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:36:44
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2uzz45/

Signalling doesn't mean anything until fork day. I could say I signal to mine with X and on fork day I mine with Y. You see the issue here? Let's just wait this out.

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:34:01
/r/btc/comments/igmhge/how_can_you_honestly_have_long_term_faith_in_bchn/g2uztnz/

It kind of is. Regardless of what you call it.

Commented by /u/kilrcola in /r/btc on August 25, 2020 20:32:37
/r/btc/comments/ide3s9/60_of_bitcoin_cash_miners_have_already_signalled/g29qnw7/

I'm with you on that. Trying to stay off Reddit but it keeps luring me in.

Commented by /u/kilrcola in /r/btc on August 20, 2020 19:28:53
/r/btc/comments/ide3s9/60_of_bitcoin_cash_miners_have_already_signalled/g29g94i/

Nov 15. That is when they decide. Anyone calling for it to end prematurely is like when the a soccer team finally loses the lead in and they want the ref to blow the whistle as soon as they've taken it and there's still a half to play. Let's just let this play out.

Commented by /u/kilrcola in /r/btc on August 20, 2020 17:58:56
/r/btc/comments/ibzjts/there_is_already_a_peer_to_peer_electronic_cash/g1zuk1t/

This was more a reply to someone saying the miners aren't voting. I'm just saying rules as they currently are, the miners will vote with hash. If someone forks the chain before that, that's on them and they are entitled to do so, but they are forking off then..

Commented by /u/kilrcola in /r/btc on August 18, 2020 11:55:03
/r/btc/comments/ibzjts/there_is_already_a_peer_to_peer_electronic_cash/g1zthad/

Well BCHN is compatible so long as miners pay a fee on the ABC chain. If ABC have majority hash there is no split, hence it is up to the miners to decide which software to run.. So I'll let the miners decide which software to run..

Commented by /u/kilrcola in /r/btc on August 18, 2020 11:48:42
/r/btc/comments/ibzjts/there_is_already_a_peer_to_peer_electronic_cash/g1z5xdn/

There's also this gem. [https://youtu.be/vFHafbC0HWo](https://youtu.be/vFHafbC0HWo) When Roger was actually in favour of the IFP, but then changed his mind because he didn't sign it.

Commented by /u/kilrcola in /r/btc on August 18, 2020 08:57:50
/r/btc/comments/ibzjts/there_is_already_a_peer_to_peer_electronic_cash/g1z3fbv/

Or we can just let miners decide, and go from there.

Commented by /u/kilrcola in /r/btc on August 18, 2020 08:29:06
/r/btc/comments/ibxzoy/i_think_this_should_get_funded_although_i_dont/g1z0e55/

Lol Bitch move. Nice rhetoric you're using, quite pathetic. Luckily I don't need to prove how big a man I am to you ;).

Commented by /u/kilrcola in /r/btc on August 18, 2020 07:50:01
/r/btc/comments/ibxzoy/i_think_this_should_get_funded_although_i_dont/g1yxkp6/

>What I am betting on is that more people with my right opinion exist than people with your wrong opinion. So you're seeking validation. I am not.

Commented by /u/kilrcola in /r/btc on August 18, 2020 07:08:56
/r/btc/comments/ibxzoy/i_think_this_should_get_funded_although_i_dont/g1yxfm1/

Good luck buddy. Unfortunately you can't just go around reeeeeeing because you disagree with everyone in the real world and think their wrong.

Commented by /u/kilrcola in /r/btc on August 18, 2020 07:06:44
/r/btc/comments/ibxzoy/i_think_this_should_get_funded_although_i_dont/g1yx9wc/

>You can choose to be a weakling with no personality and never voice your opinion ​ Sure, you think I'm a weakling some how, because I don't usually get baited into trying to prove my opinion is better than yours etc etc. Unfortunately, that neither proves you're correct nor myself. I just choose not to engage in a debate that has no outcome. ​ >Your opinion is different? Yes. But your opinion and you are wrong. No, but that's OK. We don't have to agree.

Commented by /u/kilrcola in /r/btc on August 18, 2020 07:04:10
/r/btc/comments/ibxzoy/i_think_this_should_get_funded_although_i_dont/g1yw423/

Imagine if I donated XXXXBCH to someone for their project but I also want them to take it down a different path.. would this not be considered an attack vector? Food for thought.

Commented by /u/kilrcola in /r/btc on August 18, 2020 06:45:46
/r/btc/comments/ibxzoy/i_think_this_should_get_funded_although_i_dont/g1yvvel/

You can also choose to ignore people's opinions you don't like. As I do \*most\* of the time. Much of this is about virtue signalling peoples 'moral' choice. Luckily this isn't what it is about for me, and probably Tobias too. I am of the opinion professional developers should get funded. Donations **are** **great**, but they shouldn't be **relied** upon.

Commented by /u/kilrcola in /r/btc on August 18, 2020 06:41:49
/r/btc/comments/ibxzoy/i_think_this_should_get_funded_although_i_dont/g1yv214/

Plot twist: People can have differing opinions.

Commented by /u/kilrcola in /r/btc on August 18, 2020 06:28:11
/r/btc/comments/ib09l8/a_statement_regarding_the_november_hardfork/g1t04a8/

Love it how you're correct in everything you say and you're still downvoted. Well done r BTC.

Commented by /u/kilrcola in /r/btc on August 17, 2020 00:15:43
/r/btc/comments/iapvcp/this_conversation_was_marked_as_resolved/g1qn065/

It was marked as not productive on ABCs own repo. Who cares? Oh that's right all the people that want to get their pitchforks out.

Commented by /u/kilrcola in /r/btc on August 16, 2020 10:51:47
/r/btc/comments/iak799/abc_has_chosen_to_go_ahead_with_forking_bitcoin/g1pzeoo/

It's might not be a minority. That hasn't been decided yet.

Commented by /u/kilrcola in /r/btc on August 16, 2020 05:21:01
/r/btc/comments/iak799/abc_has_chosen_to_go_ahead_with_forking_bitcoin/g1pd57k/

This is exactly what they said they would do. This shouldn't be a shock.

Commented by /u/kilrcola in /r/btc on August 15, 2020 23:57:19
/r/btc/comments/i9nui1/ifp_futures_bchabc_trading_only_at_255_meanwhile/g1gn3dz/

As far as I know some details are coming out tomorrow.

Commented by /u/kilrcola in /r/btc on August 14, 2020 13:20:10
/r/btc/comments/i9nui1/ifp_futures_bchabc_trading_only_at_255_meanwhile/g1gmfvd/

I'm uncertain how it will work. We will see in the next few days.

Commented by /u/kilrcola in /r/btc on August 14, 2020 13:15:10
/r/btc/comments/i9nui1/ifp_futures_bchabc_trading_only_at_255_meanwhile/g1gjjqa/

For those that can't math. 100 - 35= 65% More than likely running ABC and potentially pro IFP.

Commented by /u/kilrcola in /r/btc on August 14, 2020 12:53:46
/r/btc/comments/i8jbkh/resident_troll_jstodd_failed_bch_is_immune_to/g19cgzx/

Probably something like U/avashill next.

Commented by /u/kilrcola in /r/btc on August 12, 2020 17:29:20
/r/btc/comments/i6zg3a/hayden_otto_launches_flipstarter_campaign_for/g17ddw3/

Perhaps I haven't made my self clear here. What I mean to say, whoever is the fastest to mine the first 10 blocks and has the most proof of work. (therefore most hashrate) will be the main chain (even though both will have forked if BCHN fork off ABC) ​ >also: how long do you want exchanges to wait in order to evaluate which chain has the most hash? 1 block? 1 day? 1 year? realistically they can't wait at all, because they need to have a ticker assigned at fork time, so hashpower cannot practically be used to assign tickers, right? ​ That isn't up to me. There has already been talk that Coinex will give ABC the BCH ticker in the event of a split.. Again this is probably to differentiate and make it less confusing.

Commented by /u/kilrcola in /r/btc on August 12, 2020 07:36:33
/r/btc/comments/i7xn9w/easy2mine_is_now_signaling_for_bchn/g17554y/

Yep. Anyone talking pro ABC is downvoted but that's ok.

Commented by /u/kilrcola in /r/btc on August 12, 2020 05:25:21
/r/btc/comments/i6zg3a/hayden_otto_launches_flipstarter_campaign_for/g174b4e/

Well yes but no. Depends who has the most hash would still be called BCH.

Commented by /u/kilrcola in /r/btc on August 12, 2020 05:11:00
/r/btc/comments/i7xn9w/easy2mine_is_now_signaling_for_bchn/g16iur6/

0.69% so not much at all. Antpool | [BTC.top](https://BTC.top) | ViaBTC combined have 50%

Commented by /u/kilrcola in /r/btc on August 12, 2020 00:04:09
/r/btc/comments/i7iegc/why_arent_miners_moving_to_bitcoincom_to_vote_for/g157e4k/

Tell them you're going to do X and then do Y. So that they are mining the other minority chain is the obvious one. The less mining the first chain the better and then you throw all this hashrate at it and mine Z blocks on it.

Commented by /u/kilrcola in /r/btc on August 11, 2020 17:17:23
/r/btc/comments/i7ovut/uncertainty_regarding_november_is_bchs_biggest/g13ggmi/

What if they want you to believe it to be 75 per cent plus. That might give someone a bias to side with the larger side. Keep that in mind. I would be very wary of miners telling you what they are doing. They have incentive to not tell you.

Commented by /u/kilrcola in /r/btc on August 11, 2020 08:33:44
/r/btc/comments/i7iegc/why_arent_miners_moving_to_bitcoincom_to_vote_for/g138nz4/

>Miners have an incentive to not show their hand.

Commented by /u/kilrcola in /r/btc on August 11, 2020 06:46:47
/r/btc/comments/i6zg3a/hayden_otto_launches_flipstarter_campaign_for/g138lqn/

> There is much more to the Gabriel story. Such a talent as well. Hopefully we can resolve all our BCH dramas and he returns. He's a great dude.

Commented by /u/kilrcola in /r/btc on August 11, 2020 06:45:49
Top