[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 640.

tekmobile

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Quote from: Mrpumperitis on September 16, 2017, 10:32:54 PM

Im not so sure about that...bch is gaining alot of support out of china now..
Korea & Japan are embracing crypto...leading the way
soon stamp will list it and coinbase too

the china officials, elites and others will still be buying crypto from abroad, through friends, family or businesses.
crypto is tiny in marketcap and the world without the average china buyer is still huge enough to take crypto to the multi $trill

Now as for btc, its been pumped since end july roughly and it has to downtrend for a few weeks at least (we are in it right now)
a spark is always needed to begin the downtrend...we have that now.

btc has to find a floor, doesnt matter what the news says....this cycle is the way crypto works, once it bottoms out, only then maybe it will rise.
bch hasnt been pumped , its been mainly accumlation and panic buying or selling ...its due to be pumped as its too cheap.

It got pumped right up to and exceeding $1000 and had found its happy place right around 1.1 - 1.3 BTC

Mrpumperitis

legendary

Activity: 2758

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Im not so sure about that...bch is gaining alot of support out of china now..
Korea & Japan are embracing crypto...leading the way
soon stamp will list it and coinbase too

the china officials, elites and others will still be buying crypto from abroad, through friends, family or businesses.
crypto is tiny in marketcap and the world without the average china buyer is still huge enough to take crypto to the multi $trill

Now as for btc, its been pumped since end july roughly and it has to downtrend for a few weeks at least (we are in it right now)
a spark is always needed to begin the downtrend...we have that now.

btc has to find a floor, doesnt matter what the news says....this cycle is the way crypto works, once it bottoms out, only then maybe it will rise.
bch hasnt been pumped , its been mainly accumlation and panic buying or selling ...its due to be pumped as its too cheap.

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Mrpumperitis on September 16, 2017, 10:07:37 PM

Quote from: tekmobile on September 16, 2017, 10:04:05 PM

Quote from: Mrpumperitis on September 16, 2017, 08:16:15 PM

hodl your bch,
i think we are around the point ..when the ratio between btc and bch closes.....
this is gonna be fun Grin

edit..
possible bullrun/trap for btc to $3900-$4k before the dump to $3200....roughly

bch will follow but with a change, closing the ratio...bch run to around $600 - back down to $500 ...roughly

You do know the numbers are supposed to go up to close the gap because on average day for day it spends more time declining then has a little pump followed by more days declining

bro..i hardly ever do averages...im in or out before the average begins Wink

I have daily highs and lows from day 1 and a lot of formulas to work out automatically averages, percentages, conversation rates etc and it's struggling to keep any meaningful lead over BTC it's like clockwork pretty much the same pattern every day

There are no minors outside mainland China supporting this and with the huge push lately to regulate all cryptocurrency this may end up worse off than it is now plus it may get a bit selloff next month in preparation for segwit2x

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Quote from: tekmobile on September 16, 2017, 10:04:05 PM

Quote from: Mrpumperitis on September 16, 2017, 08:16:15 PM

hodl your bch,
i think we are around the point ..when the ratio between btc and bch closes.....
this is gonna be fun Grin

edit..
possible bullrun/trap for btc to $3900-$4k before the dump to $3200....roughly

bch will follow but with a change, closing the ratio...bch run to around $600 - back down to $500 ...roughly

You do know the numbers are supposed to go up to close the gap because on average day for day it spends more time declining then has a little pump followed by more days declining

bro..i hardly ever do averages...im in or out before the average begins Wink

also if/once we get near these numbers, then the next thing happens...we need to wait for this to happen first though.

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Mrpumperitis on September 16, 2017, 08:16:15 PM

hodl your bch,
i think we are around the point ..when the ratio between btc and bch closes.....
this is gonna be fun Grin

edit..
possible bullrun/trap for btc to $3900-$4k before the dump to $3200....roughly

bch will follow but with a change, closing the ratio...bch run to around $600 - back down to $500 ...roughly

You do know the numbers are supposed to go up to close the gap because on average day for day it spends more time declining then has a little pump followed by more days declining

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

hodl your bch,
i think we are around the point ..when the ratio between btc and bch closes.....
this is gonna be fun Grin

edit..
possible bullrun/trap for btc to $3900-$4k before the dump to $3200....roughly

bch will follow but with a change, closing the ratio...bch run to around $600 - back down to $500 ...roughly

Cryptoby

full member

Activity: 224

Merit: 100

Quote from: bones261 on September 16, 2017, 06:30:46 PM

This may give a better idea of the current generation time. 4 confirmations are taking a little less than an hour at the moment.

http://bch.xbt.it/

Quote from: European Central Bank on September 16, 2017, 06:31:00 PM

Quote from: Cryptoby on September 16, 2017, 06:20:52 PM

Thanks

... than one Block takes approximatelly up to 30 min ... if I need 4 confirmations the transaction will take ~ 2h?

Am I right?

it looks a lot faster than that right now.

going on the last four blocks you'd have 4 confirmations in 35 minutes.

the really big gaps between blocks are over for now after they stopped gaming the difficulty adjustment thing.

Ok ... Thank you both

Mrpumperitis

legendary

Activity: 2758

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hmmm, thinking btc going to check out $3200 soon

bones261

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Quote from: ?? on ??

Is anybody watching this? BTC is going down, BCH is going up! Shocked

Good, I hope the BCH supporters keep pumping this up. An increase up to .16 BTC should make this worthwhile for me to use some of that spare BTC that I have on MMR. I'm keeping a close eye on this. Grin

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: Cryptoby on September 16, 2017, 06:20:52 PM

Thanks

... than one Block takes approximatelly up to 30 min ... if I need 4 confirmations the transaction will take ~ 2h?

Am I right?

it looks a lot faster than that right now.

going on the last four blocks you'd have 4 confirmations in 35 minutes.

the really big gaps between blocks are over for now after they stopped gaming the difficulty adjustment thing.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: Cryptoby on September 16, 2017, 06:20:52 PM

Quote from: European Central Bank on September 16, 2017, 06:05:59 PM

Quote from: Cryptoby on September 16, 2017, 06:00:24 PM

Does somebody know how much time does one BCH transaction take?

Can I check that somewhere?

Thanks in advance

http://blockdozer.com/insight/blocks

this'll tell you how fast blocks are arriving. the exchange you're using will tell you if they want a high number of confirmations.

Thanks

... than one Block takes approximatelly up to 30 min ... if I need 4 confirmations the transaction will take ~ 2h?

Am I right?

This may give a better idea of the current generation time. 4 confirmations are taking a little less than an hour at the moment.

http://bch.xbt.it/

Cryptoby

full member

Activity: 224

Merit: 100

Quote from: European Central Bank on September 16, 2017, 06:05:59 PM

Quote from: Cryptoby on September 16, 2017, 06:00:24 PM

Does somebody know how much time does one BCH transaction take?

Can I check that somewhere?

Thanks in advance

http://blockdozer.com/insight/blocks

this'll tell you how fast blocks are arriving. the exchange you're using will tell you if they want a high number of confirmations.

Thanks

... than one Block takes approximatelly up to 30 min ... if I need 4 confirmations the transaction will take ~ 2h?

Am I right?

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: Cryptoby on September 16, 2017, 06:00:24 PM

Does somebody know how much time does one BCH transaction take?

Can I check that somewhere?

Thanks in advance

http://blockdozer.com/insight/blocks

this'll tell you how fast blocks are arriving. the exchange you're using will tell you if they want a high number of confirmations.

Cryptoby

full member

Activity: 224

Merit: 100

Does somebody know how much time does one BCH transaction take?

Can I check that somewhere?

Thanks in advance

IThoughtIKnewItAll

newbie

Activity: 43

Merit: 0

Quote from: European Central Bank on September 16, 2017, 02:51:14 PM

Quote from: grasshpr on September 16, 2017, 02:43:24 PM

this news is like 9 hours old, together with english translation and markets are like ok whatever

as ever it's extremely hard to get any type of firm confirmation from anyone or anywhere. it seems very extreme to me but what do i know?

ultimately i couldn't care less. the less china the better for everyone else in the long run.

seems to be this version of bitcoin is mined to oblivion by chinese miners to me

grasshpr

member

Activity: 118

Merit: 10

Quote from: European Central Bank on September 16, 2017, 02:51:14 PM

Quote from: grasshpr on September 16, 2017, 02:43:24 PM

this news is like 9 hours old, together with english translation and markets are like ok whatever

as ever it's extremely hard to get any type of firm confirmation from anyone or anywhere. it seems very extreme to me but what do i know?

ultimately i couldn't care less. the less china the better for everyone else in the long run.

it seems extreme, but is somewhat logical from Chinese gov perspective I guess. I mean its their practice to block stuff they dont like from outside. google, facebook, youtube etc
any thoughts what will happen if they do indeed try to block not only exchanges, but also domestic nodes communicating with outside nodes?? I guess it would still leak somewhere and block chain would sync again?

25hashcoin

hero member

Activity: 574

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Quote from: European Central Bank on September 16, 2017, 03:00:26 PM

Quote from: ?? on ??

The whole idea of these digital currencies are that we are all human beings in this world, removing boundaries between us. Less of ANY country is always bad. Just cutting off more than 1.3 billion (with a B) people is a good thing to you? I strongly disagree with you in that regard.

nothing to do with the people. i'm sure they're great. i do have a problem with how their governments, markets and miners have repeatedly screwed with bitcoin for the worse. they haven't brought much to the party other than ball ache.

if china had stayed on the sidelines bitcoin would be more decentralised, less contentious and probably worth more too.

No one buys this old propaganda anymore. Sorry to inform you.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: ?? on ??

The whole idea of these digital currencies are that we are all human beings in this world, removing boundaries between us. Less of ANY country is always bad. Just cutting off more than 1.3 billion (with a B) people is a good thing to you? I strongly disagree with you in that regard.

nothing to do with the people. i'm sure they're great. i do have a problem with how their governments, markets and miners have repeatedly screwed with bitcoin for the worse. they haven't brought much to the party other than ball ache.

if china had stayed on the sidelines bitcoin would be more decentralised, less contentious and probably worth more too.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: grasshpr on September 16, 2017, 02:43:24 PM

this news is like 9 hours old, together with english translation and markets are like ok whatever

as ever it's extremely hard to get any type of firm confirmation from anyone or anywhere. it seems very extreme to me but what do i know?

ultimately i couldn't care less. the less china the better for everyone else in the long run.

grasshpr

member

Activity: 118

Merit: 10

Quote from: European Central Bank on September 16, 2017, 01:56:55 PM

Quote from: ?? on ??

https://twitter.com/btcdrak/status/909020264742211584

if that's true, and it seems pretty damned out there to me, a lot of coins are gonna take a massive hit and bcash will be right up there.

i find it kinda hard to believe they'd take it that far but stranger things have happened.

this news is like 9 hours old, together with english translation and markets are like ok whatever

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 640. (Read 704812 times)