[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 458.

TangentC

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Activity: 266

Merit: 20

Quote from: TangentC on November 17, 2017, 06:55:02 PM

Ok,

Everyone Knows Lauda is dirty, and an extortionist and a Blockstream core troll.

She falsely accuses anyone she likes and even when she is removed from default trust , some asshat on staff gives her an exclusion to let her stay in DT.

Now she is red tagging anyone that supports Bitcoin Cash , and no other reason.

So that it, enough is enough.

I say we form a group and go after theymos in a class action lawsuit for allowing this continuous slander by a known extortionist.

Everyone wanting to join the class action against Theymos.

PM me your name and if anyone is a Lawyer willing to file a class action lawsuit PM that information along with your price.

Theymos enough is enough.

tekmobile

full member

Activity: 392

Merit: 154

Quote from: trilla666 on November 17, 2017, 06:47:13 PM

Quote from: tekmobile on November 17, 2017, 06:38:17 PM

Quote from: trilla666 on November 17, 2017, 06:33:39 PM

How would i make sense of the profitability of mining Bitcoin vs. Bitcoin Cash? I know that i can see relative numbers on fork dot lol, however it is somewhat unclear to me what this means when it is actually applied.

Let me give you a snapshot of what im seeing and see if you can help me make sense of this from a technical perspective...

at this given moment
$btc = $7725
$bch = $1168

According to fork dot lol:
its 1.16x more profitable to mine BCH over BTC.

So my question is, how exactly does one arrive at this profitability calculation? The block reward on both coins are the same... and the block times are the same...

how could it possibly be more profitable to mine BCH than it is to mine BTC, when BTC is about 9x in market price. Can someone walk me through this, or point me in the right direction to a resource where i can do some more research and come to a legitimate conclusion.

Cheers.

The difficulty think of it like how many people that need to share this reward

for example the BTC reward may be higher but there are 10 as many users to share it with

So if bitcoin cash were to actually replace Bitcoin as the most secure chain with the highest hash power, then the profitability would drop? If thats the case, then wouldnt bitcoin cash be totally screwed if it secured more miners, but didnt rise in market value?

Thanks for walking me through this btw, i am super interested and find it very difficult to find any resource to answer technical questions like these.

The miners follow profit you will never get enough miners on bcash to replace bitcoin due to the value otherwise it would not be profitable and a waste of time and energy for them hence why roger pumps this up (yes it's been proven the address belongs to bitcoin.com) to give the miners incentive to jump over but all he's doing is burning money

trilla666

member

Activity: 98

Merit: 10

Quote from: tekmobile on November 17, 2017, 06:38:17 PM

Quote from: trilla666 on November 17, 2017, 06:33:39 PM

How would i make sense of the profitability of mining Bitcoin vs. Bitcoin Cash? I know that i can see relative numbers on fork dot lol, however it is somewhat unclear to me what this means when it is actually applied.

Let me give you a snapshot of what im seeing and see if you can help me make sense of this from a technical perspective...

at this given moment
$btc = $7725
$bch = $1168

According to fork dot lol:
its 1.16x more profitable to mine BCH over BTC.

So my question is, how exactly does one arrive at this profitability calculation? The block reward on both coins are the same... and the block times are the same...

how could it possibly be more profitable to mine BCH than it is to mine BTC, when BTC is about 9x in market price. Can someone walk me through this, or point me in the right direction to a resource where i can do some more research and come to a legitimate conclusion.

Cheers.

The difficulty think of it like how many people that need to share this reward

for example the BTC reward may be higher but there are 10 as many users to share it with

So if bitcoin cash were to actually replace Bitcoin as the most secure chain with the highest hash power, then the profitability would drop? If thats the case, then wouldnt bitcoin cash be totally screwed if it secured more miners, but didnt rise in market value?

Thanks for walking me through this btw, i am super interested and find it very difficult to find any resource to answer technical questions like these.

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Hindafing on November 17, 2017, 06:37:44 PM

Bitcoin Cash recovers very fast from the low price yesterday. Maybe this is the right time to get in. Hopefully it will rise in the next few weeks.

The right time is not after a price pump unless you wanna loose money

tekmobile

full member

Activity: 392

Merit: 154

Quote from: trilla666 on November 17, 2017, 06:33:39 PM

How would i make sense of the profitability of mining Bitcoin vs. Bitcoin Cash? I know that i can see relative numbers on fork dot lol, however it is somewhat unclear to me what this means when it is actually applied.

Let me give you a snapshot of what im seeing and see if you can help me make sense of this from a technical perspective...

at this given moment
$btc = $7725
$bch = $1168

According to fork dot lol:
its 1.16x more profitable to mine BCH over BTC.

So my question is, how exactly does one arrive at this profitability calculation? The block reward on both coins are the same... and the block times are the same...

how could it possibly be more profitable to mine BCH than it is to mine BTC, when BTC is about 9x in market price. Can someone walk me through this, or point me in the right direction to a resource where i can do some more research and come to a legitimate conclusion.

Cheers.

The difficulty think of it like how many people that need to share this reward

for example the BTC reward may be higher but there are 10 as many users to share it with

Hindafing

member

Activity: 178

Merit: 16

Bitcoin Cash recovers very fast from the low price yesterday. Maybe this is the right time to get in. Hopefully it will rise in the next few weeks.

trilla666

member

Activity: 98

Merit: 10

How would i make sense of the profitability of mining Bitcoin vs. Bitcoin Cash? I know that i can see relative numbers on fork dot lol, however it is somewhat unclear to me what this means when it is actually applied.

Let me give you a snapshot of what im seeing and see if you can help me make sense of this from a technical perspective...

at this given moment
$btc = $7725
$bch = $1168

According to fork dot lol:
its 1.16x more profitable to mine BCH over BTC.

So my question is, how exactly does one arrive at this profitability calculation? The block reward on both coins are the same... and the block times are the same...

how could it possibly be more profitable to mine BCH than it is to mine BTC, when BTC is about 9x in market price. Can someone walk me through this, or point me in the right direction to a resource where i can do some more research and come to a legitimate conclusion.

Cheers.

chermah

member

Activity: 63

Merit: 10

This is a bitcoin cash topic, if you have some nasty coin to talk about go to the appropriate place

tekmobile

full member

Activity: 392

Merit: 154

Quote from: jbreher on November 17, 2017, 05:38:50 PM

Quote from: gembitz on November 17, 2017, 05:06:37 PM

the group that pumped BCH to epic levels are now buying BTX

I am curious what makes you think that? What with BTX being older than BCH, yet gaining near-zero mindshare until forking season came about.

I think this is referring to BitcoinX (Yet another fork of the core chain) that has not happened yet

https://bitcoin2m.org/ https://github.com/bitcoin2m/BitcoinX

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: jbreher on November 17, 2017, 05:27:48 PM

Quote from: mindrust on November 17, 2017, 08:48:01 AM

Quote from: Universidad on November 17, 2017, 08:44:17 AM

Quote from: jbreher on November 17, 2017, 12:15:04 AM

Quote from: ZhuldyzKaladinova on November 16, 2017, 06:27:38 PM

Quote from: jbreher on November 16, 2017, 06:21:22 PM

OK, so what is your definition of Bitcoin? Whatever the maintainers of the Core github repository jam down your throat?

Bitcoin is Bitcoin

Yes, but a tautology is not a definition.

I smiled reading this weird answer.
So what's your definition of Bitcoin, jbreher?
Please don't tell us your definition of Bitcoin is an Altcoin fork of it... that'd be mental imo

"Bcash is bitcoin."

https://i.imgflip.com/163xpj.jpg

I don't know why you have quotes. Quotes imply that you are quoting someone. Who are you quoting? Certainly not me.

Hey mindrust - what definition do you adhere to for 'Bitcoin'?

Quote from: NoToHoaxers on November 16, 2017, 02:18:33 PM

User: jbreher

Quote from: jbreher on November 12, 2017, 08:49:47 AM

Simple. Bitcoin Cash is purely Bitcoin. Shitcoins be shitcoins. Not too hard, is it?

Quote from: jbreher on November 15, 2017, 07:47:20 PM

If Bitcoin Cash is not Bitcoin (a hypothetical with which I do not agree), then this forum -- the Announcements (Altcoins) Forum -- would be a place that the creators of bitcointalk specifically set aside for discussion thereof.
You stupid piece of shit.

Quote from: jbreher on November 11, 2017, 11:36:15 PM

Quote from: ?? on ??

Quote from: jbreher on November 11, 2017, 04:22:27 PM

I'm just much bullishier on Bitcoin Cash.

Why ?
I ask with no snark or ill-intention.

Because it is purely and simply Bitcoin. In the form that I believe Satoshi intended. After all, it is Bitcoin largely as he left it, but with the insane centrally-planned production quota on transaction capacity relieved.

Quote from: jbreher on November 11, 2017, 11:36:15 PM

Bitcoin Cash _is_ Bitcoin. It's history extends unbroken back the the genesis block.

weeeee fckin bcash shill

Azazel333

full member

Activity: 406

Merit: 100

Quote from: garytheasshole on November 17, 2017, 05:22:56 PM

Quote from: Azazel333 on November 17, 2017, 05:19:44 PM

Quote from: gembitz on November 17, 2017, 05:06:37 PM

Quote from: Azazel333 on November 17, 2017, 05:05:20 PM

Anyone else thinking BitcoinCash will reach 2,000 this weekend? I have a feeling we are in for another big pump just like last weekend. People are getting fed up with regular bitcoin, its not functional as a currency at best its crypto "gold". You can actually send gold through the mail for about the same price and speed as bitcoin now.

NOT REALLY wheras the group that pumped BCH to epic levels are now buying BTX :-D lmao

Buying BTX lol? Can I have some of what you are smoking? You do realize last weekends pump involved volume of about 5 BILLION + dollars per day and Cash is still at 3 billion in the last 24 hours.

Your BTX is at 10 MILLION volume LOL. I think you are a more than a little confused.

There's a new BTX that wants to be B2X but its forked from Bitcoin Gold https://bitcoin2m.org/ https://github.com/bitcoin2m/BitcoinX
Can this get any more convoluted?

Is this actually being traded somewhere? And its just futures trading right now?

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: gembitz on November 17, 2017, 05:06:37 PM

the group that pumped BCH to epic levels are now buying BTX

I am curious what makes you think that? What with BTX being older than BCH, yet gaining near-zero mindshare until forking season came about.

RachelTerry

newbie

Activity: 3

Merit: 0

can I get the Bitcoin Cash now?

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: AlloM on November 17, 2017, 03:31:34 PM

Quote from: player99 on November 17, 2017, 02:28:05 PM

Bch is in for a wild price ride these coming months, just remember to buy high and sell low and everything should be fine

You got much excited what are you saying this is very bad advice buy high and sell low this should be buy low and sell high.

Thanks for the correction. I was just about to execute player99's strategy. In hindsight, that would have been a bad idea.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: budisan on November 17, 2017, 02:06:25 PM

do not forget coin base, they plans give their free bch to user on january....what will happen to bch price then?

Could get ugly. Yesterday, Coinbase revealed that they have over $9B of crypto assets on account. Assuming that is almost all Bitcoin (they also deal in Ethereum and Litecoin, but let's just consider that a non-factor for this mind experiment), that would be about 1.1 Million BTC. Assuming the number of BTC they hold today is roughly the same as it was on Aug 1, that means the Coinbase will release to account holders on the order of a million BCH.

I think that event will be the last great buying opportunity for BCH.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: mindrust on November 17, 2017, 08:48:01 AM

Quote from: Universidad on November 17, 2017, 08:44:17 AM

Quote from: jbreher on November 17, 2017, 12:15:04 AM

Quote from: ZhuldyzKaladinova on November 16, 2017, 06:27:38 PM

Quote from: jbreher on November 16, 2017, 06:21:22 PM

OK, so what is your definition of Bitcoin? Whatever the maintainers of the Core github repository jam down your throat?

Bitcoin is Bitcoin

Yes, but a tautology is not a definition.

I smiled reading this weird answer.
So what's your definition of Bitcoin, jbreher?
Please don't tell us your definition of Bitcoin is an Altcoin fork of it... that'd be mental imo

"Bcash is bitcoin."

https://i.imgflip.com/163xpj.jpg

I don't know why you have quotes. Quotes imply that you are quoting someone. Who are you quoting? Certainly not me.

Hey mindrust - what definition do you adhere to for 'Bitcoin'?

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: Universidad on November 17, 2017, 08:44:17 AM

Quote from: jbreher on November 17, 2017, 12:15:04 AM

Quote from: ZhuldyzKaladinova on November 16, 2017, 06:27:38 PM

Quote from: jbreher on November 16, 2017, 06:21:22 PM

OK, so what is your definition of Bitcoin? Whatever the maintainers of the Core github repository jam down your throat?

Bitcoin is Bitcoin

Yes, but a tautology is not a definition.

I smiled reading this weird answer.
So what's your definition of Bitcoin, jbreher?
Please don't tell us your definition of Bitcoin is an Altcoin fork of it... that'd be mental imo

As I said upthread, the chain with the highest accumulated proof of work in SHA256 tracing history back to Satoshi's genesis block.

So what is your definition of 'Bitcoin'?

garytheasshole

full member

Activity: 406

Merit: 105

Chosŏn Minjujuŭi Inmin Konghwaguk

Quote from: Azazel333 on November 17, 2017, 05:19:44 PM

Quote from: gembitz on November 17, 2017, 05:06:37 PM

Quote from: Azazel333 on November 17, 2017, 05:05:20 PM

Anyone else thinking BitcoinCash will reach 2,000 this weekend? I have a feeling we are in for another big pump just like last weekend. People are getting fed up with regular bitcoin, its not functional as a currency at best its crypto "gold". You can actually send gold through the mail for about the same price and speed as bitcoin now.

NOT REALLY wheras the group that pumped BCH to epic levels are now buying BTX :-D lmao

Buying BTX lol? Can I have some of what you are smoking? You do realize last weekends pump involved volume of about 5 BILLION + dollars per day and Cash is still at 3 billion in the last 24 hours.

Your BTX is at 10 MILLION volume LOL. I think you are a more than a little confused.

There's a new BTX that wants to be B2X but its forked from Bitcoin Gold https://bitcoin2m.org/ https://github.com/bitcoin2m/BitcoinX
Can this get any more convoluted?

Azazel333

full member

Activity: 406

Merit: 100

Quote from: gembitz on November 17, 2017, 05:06:37 PM

Quote from: Azazel333 on November 17, 2017, 05:05:20 PM

Anyone else thinking BitcoinCash will reach 2,000 this weekend? I have a feeling we are in for another big pump just like last weekend. People are getting fed up with regular bitcoin, its not functional as a currency at best its crypto "gold". You can actually send gold through the mail for about the same price and speed as bitcoin now.

NOT REALLY wheras the group that pumped BCH to epic levels are now buying BTX :-D lmao

Buying BTX lol? Can I have some of what you are smoking? You do realize last weekends pump involved volume of about 5 BILLION + dollars per day and Cash is still at 3 billion in the last 24 hours.

Your BTX is at 10 MILLION volume LOL. I think you are a more than a little confused.

tekmobile

full member

Activity: 392

Merit: 154

Quote from: trilla666 on November 17, 2017, 05:09:04 PM

Quote from: garytheasshole on November 17, 2017, 04:59:27 PM

Quote from: trilla666 on November 17, 2017, 04:56:35 PM

Does anyone here know the status of the s2x HF, and how that will affect the btc chain? Hoping for a hostile battle between the 2 chains that results in a mass exodus of BTC users.

fingers crossed.

Also, why was this HF canceled and then said to occur anyways. did anyone else receive that email from coinbase? lol

They made a bigger deal of it than it is, some miners still merely signaling for segwit2x, but nothing happened no b2x chain exists after the dreaded block 494784
I was so sure it wasn't going to happen I had a transaction confirmed on block 494791 with a reasonable $3 fee Cheesy

So if the block that the HF was set to execute on has already occured?

https://bitcoinmagazine.com/articles/now-segwit2x-hard-fork-has-really-failed-activate/

Quote

Further, software bugs in the btc1 codebase made all btc1 implementations grind to a halt even before it reached the expected fork point. While Bitcoin and SegWit2x nodes were widely expected to share a single blockchain up until block 494783 and then to go their own ways at block 494784, btc1 nodes never made it past block 494782.

Quote

But due to what is referred to as an “off-by-one error,” SegWit2x blocks started to reject smaller-than-one-megabyte blocks one block too soon — at block 494,783 instead of 494,784.

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 458. (Read 704812 times)