Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 554. (Read 704412 times)
The fact that BTC has scaling issue and BCH doesn't still remains. Not to mention the insane fees on BTC. BCH will be fine.
Is this good are bad news for bch?
Both good and bad
It's good in the fact that there will no longer be the competition but bad in that they was counting on B2X to make BCH the safe haven in times of uncertainty
Big disappointment for all supporters soon sell pressure will increase almost like die. But thanks to Core team who helped me to sell my coin over $600.
Is this good are bad news for bch?
it's bad for bch ..the market rejects forks. just look at the real BTC price nowLook at B2X price now
https://coinmarketcap.com/currencies/segwit2x/
80% Drop instantly
cuz B2X is cancelled/postponed :-D lol
I know all the poor souls that traded BTC for B2X on the futures market
Is this good are bad news for bch?
it's bad for bch ..the market rejects forks. just look at the real BTC price nowLook at B2X price now
https://coinmarketcap.com/currencies/segwit2x/
80% Drop instantly
cuz B2X is cancelled/postponed :-D lol
Is this good are bad news for bch?
it's bad for bch ..the market rejects forks. just look at the real BTC price nowLook at B2X price now
https://coinmarketcap.com/currencies/segwit2x/
80% Drop instantly
Is this good are bad news for bch?
it's bad for bch ..the market rejects forks. just look at the real BTC price now segwit2x suspended!
https://www.coindesk.com/2x-called-off-bitcoin-hard-fork-suspended-lack-consensus/
https://www.coindesk.com/2x-called-off-bitcoin-hard-fork-suspended-lack-consensus/
This drama ended without any twist now bitcoin will become more powerful than ever. This is clear sign Bitcoin is only one who deserve to lead this universe now BCH has no hope left to take advantage of this kind of situation.
Is this good are bad news for bch?
Both good and bad
It's good in the fact that there will no longer be the competition but bad in that they was counting on B2X to make BCH the safe haven in times of uncertainty
segwit2x suspended!
https://www.coindesk.com/2x-called-off-bitcoin-hard-fork-suspended-lack-consensus/
https://www.coindesk.com/2x-called-off-bitcoin-hard-fork-suspended-lack-consensus/
Yea I was reading this earlier from a different source though but all those poor people that recently bought B2X futures at $2000 I bet they are feeling the burn right about now.
It was obvious it was going to be cancelled/postponed or just plain die there goes the last glimmer of hope BCH had to take over the bitcoin brand
Is this good are bad news for bch?
RIP BCH
So far I must admit I'm rather surprised of the BCC/BCH market penetration, however I think it will a good alternative for speedy transactions, once the network will have a stable hashing power and difficulty.
I do not understand why Bitcoin cash is going up with BTC. after for there is nothing incomone.. It is just free money.. 
Because bitcoin cash is the most strong competitor of bitcoin, so bch is pumping along with BTC. I think the logic is very simple, BCH is decendant of btc, so it can go up together.
It merely dishonest what Bitcoin is doing. Just spilitting and making free money for holders. It is like unmoral community with greed. I do not like this forks. And I hope bitcoin will slowly loose its value together with its clones beacose of this. Also other cryptos who do this should alse slowly disapear.
All the forks have nothing to do with the original bitcoin it is open source and you could create a fork tomorrow and nobody could stop you not even the bitcoin developers
that is true, but they kind of keep holding the value of BTC even though they are not even close. Even x10 less than BTC is too much
As I said its subjective evaluation. No doubt they have some backing. Financially, physically (mining), ideologically and so on and so forth. It's the beauty of crypto and imagine what kind of success it would be if you can overthrow the king Bitcoin. There are a lot of incentives and financial motives involved. Exciting times ahead of us.
I do not understand why Bitcoin cash is going up with BTC. after for there is nothing incomone.. It is just free money..
Because bitcoin cash is the most strong competitor of bitcoin, so bch is pumping along with BTC. I think the logic is very simple, BCH is decendant of btc, so it can go up together.
It merely dishonest what Bitcoin is doing. Just spilitting and making free money for holders. It is like unmoral community with greed. I do not like this forks. And I hope bitcoin will slowly loose its value together with its clones beacose of this. Also other cryptos who do this should alse slowly disapear.
All the forks have nothing to do with the original bitcoin it is open source and you could create a fork tomorrow and nobody could stop you not even the bitcoin developers
that is true, but they kind of keep holding the value of BTC even though they are not even close. Even x10 less than BTC is too much
Coinbase is one reason BCH is being held back. i guess thats another topic.
@ tomkat,lonesomestranger,fne thanks for the helpful information.
So if support for B2X drops off a cliff before the fork then we can assume the fork will be a dud and business as usual for BTC?
Just looked, 75% to 80% is saying they will support 2X.
Leaving 1X with only 25%, if that # holds we are about to witness the Great SegShit 1X Collapse
https://cointelegraph.com/news/segwit2x-hard-fork-could-have-devastating-consequences-for-bitcoin
Quote
the 1X chain, will have only a tenth the hash power of the 2X chain and will have a block time of nearly two hours.
The network will quite literally crawl, and its maximum transaction throughput will be slashed by an order of magnitude.
The network will quite literally crawl, and its maximum transaction throughput will be slashed by an order of magnitude.
And Bitcoin Cash (The Real Bitcoin) is going to keep working as normal no matter what happens to the shitwit twins.
╥Aztek
And why would miners choose to mine B2X beyond some ideological reasons? B2X will inherit BTC difficulty, but will be much cheaper then BTC so wheres the incentive.
The incentives may come from the balance between block mining frequency and the prices. For instance: with B2X/B1X hash power 80:20 there will be 4 times more B2X blocks found within the same time, so if the price will favor one of the forks with slightly higher ratio, then the miners will surely mine that fork.
So if support for B2X drops off a cliff before the fork then we can assume the fork will be a dud and business as usual for BTC?
Just looked, 75% to 80% is saying they will support 2X.
Leaving 1X with only 25%, if that # holds we are about to witness the Great SegShit 1X Collapse
https://cointelegraph.com/news/segwit2x-hard-fork-could-have-devastating-consequences-for-bitcoin
Quote
the 1X chain, will have only a tenth the hash power of the 2X chain and will have a block time of nearly two hours.
The network will quite literally crawl, and its maximum transaction throughput will be slashed by an order of magnitude.
The network will quite literally crawl, and its maximum transaction throughput will be slashed by an order of magnitude.
And Bitcoin Cash (The Real Bitcoin) is going to keep working as normal no matter what happens to the shitwit twins.
╥Aztek
And why would miners choose to mine B2X beyond some ideological reasons? B2X will inherit BTC difficulty, but will be much cheaper then BTC so wheres the incentive.
here we have interesting tweet from CobraBitcoin
https://twitter.com/CobraBitcoin/status/928228989583405057
https://twitter.com/CobraBitcoin/status/928228989583405057
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