Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 650. (Read 704406 times)
Now this is interesting: "In the upcoming months, it’s possible for the Chinese government to roll out a licensing program for ICOs, as an attempt to restructure the market and introduce legitimate ICO projects and Blockchain startups to the public for token sales and fundraising."
China FUD killer almost all newly ICO token, Even high profile US base TNT get dumped to ICO price.
ICO cost: 1 TNT = 0.00002819 TNT
Just get a signal from ICO Moon Tracker. What do you think?
TNT taking off. New software/Network lauch 9/15/2017. Flight to the moon in 2hrs. Follow me on Twitter!
https://twitter.com/ICOMoonTracker
ICO cost: 1 TNT = 0.00002819 TNT
Just get a signal from ICO Moon Tracker. What do you think?
TNT taking off. New software/Network lauch 9/15/2017. Flight to the moon in 2hrs. Follow me on Twitter!
https://twitter.com/ICOMoonTracker
wrong thread?
China fud is over,imo, they wanted cheap coin,
they quickly learnt that crypto is now bigger than what they thought.
Bitcoin cash is going up now.
they quickly learnt that crypto is now bigger than what they thought.
Bitcoin cash is going up now.
slowly but surely
China FUD killer almost all newly ICO token, Even high profile US base TNT get dumped to ICO price.
ICO cost: 1 TNT = 0.00002819 TNT
Just get a signal from ICO Moon Tracker. What do you think?
TNT taking off. New software/Network lauch 9/15/2017. Flight to the moon in 2hrs. Follow me on Twitter!
https://twitter.com/ICOMoonTracker
ICO cost: 1 TNT = 0.00002819 TNT
Just get a signal from ICO Moon Tracker. What do you think?
TNT taking off. New software/Network lauch 9/15/2017. Flight to the moon in 2hrs. Follow me on Twitter!
https://twitter.com/ICOMoonTracker
China fud is over,imo, they wanted cheap coin,
they quickly learnt that crypto is now bigger than what they thought.
Bitcoin cash is going up now.
they quickly learnt that crypto is now bigger than what they thought.
Bitcoin cash is going up now.
Has the difficulty being re-adjusted? Not seeing the big price rise I was expecting. hmm
Yes 13 Hours ago it was reduced making this more profitable compared to before but the profitability is still lacking behind the original chain by ~1%
At the current block generation time the next difficulty will be increasing by quite a bit though maybe as much as 30-40%
http://fork.lol/
Yeah, the difficulty is somewhat irrelevant to determining price.
Miners will or will not mine a coin based on it's current value, or potential value (whatever they think it "could" be worth).
If it's easier for them to mine, then it gives them more incentive to mine it. Even if the value of the coin is very low.
If it's harder for them to mine, then it gives them less incentive to mine it. Even if the value of the coin is very high.
A miner can mine a coin regardless of difficulty, extremely high, or extremely low. It's a matter of what they expect to gain out of it, whether immediately, or in the future.
Miners will or will not mine a coin based on it's current value, or potential value (whatever they think it "could" be worth).
If it's easier for them to mine, then it gives them more incentive to mine it. Even if the value of the coin is very low.
If it's harder for them to mine, then it gives them less incentive to mine it. Even if the value of the coin is very high.
A miner can mine a coin regardless of difficulty, extremely high, or extremely low. It's a matter of what they expect to gain out of it, whether immediately, or in the future.
Has the difficulty being re-adjusted? Not seeing the big price rise I was expecting. hmm
Yes 13 Hours ago it was reduced making this more profitable compared to before but the profitability is still lacking behind the original chain by ~1%
At the current block generation time the next difficulty will be increasing by quite a bit though maybe as much as 30-40%
I don't understand this difficulty thing. I mean, does it affect price up or down? If no effect at all, why does it matter?
The difficulty has nothing to do with the value it is to regulate the block generation time to a standard average of 10mins
The reason it matters is to the miners and what they earn when the difficulty goes up then the miners have to put more power (hashes/electricity) to solve the problem but the reward remains the same so effectively the miners earns less and the exact opposite happens when it goes down.
The difficulty is calculated using the last 2016 blocks that should equal 14 days (144 Blocks a day or 6 per hour average) so if blocks are found faster than this rate the difficulty goes up to slow the block generation down.
So far this period had found around 100 blocks averaging 7.5mins rather than 10mins or ~25% faster
Has the difficulty being re-adjusted? Not seeing the big price rise I was expecting. hmm
Yes 13 Hours ago it was reduced making this more profitable compared to before but the profitability is still lacking behind the original chain by ~1%
At the current block generation time the next difficulty will be increasing by quite a bit though maybe as much as 30-40%
Has the difficulty being re-adjusted? Not seeing the big price rise I was expecting. hmm
When I read such things, I just {facepalm} The Kore fanbois take Bitcoin's weaknesses, and tout them as strengths...
Some people like high gas prices (oil company executives), what's your point?
First off, crypto miners are after the block rewards, which are still a minimum of 4x any fee revenue they get. So there goes that theory... Secondly, high fees disincentivize transactions, what do you think will be the outcome of that? Derp.
LN won't work reliably even with 1MB BTC blocksize - mempool filling up will prevent settlement and could cause loss of funds. 500K blocks would at least double the magnitude of this problem. Derp.
Bitcoin Cash seems to be chugging along today despite all of the yapping about China. I'm starting to feel like the de facto crypto press meme is "blame China".
And some people think that lower fees are better.
Lower fees mean weaker network at the long run.
Lower fees mean weaker network at the long run.
Some people like high gas prices (oil company executives), what's your point?
First off, crypto miners are after the block rewards, which are still a minimum of 4x any fee revenue they get. So there goes that theory... Secondly, high fees disincentivize transactions, what do you think will be the outcome of that? Derp.
.The less the block size,better for decentralization.I hope once LN gets activate in bitcoin the block size should be reduced to 500KB 
LN won't work reliably even with 1MB BTC blocksize - mempool filling up will prevent settlement and could cause loss of funds. 500K blocks would at least double the magnitude of this problem. Derp.
Bitcoin Cash seems to be chugging along today despite all of the yapping about China. I'm starting to feel like the de facto crypto press meme is "blame China".
Please stop referring to zerohedge, every story (or should I say nonstory) that has been linked by them has not offered any new information that could have been found by visiting the exchanges in China and looking at their news posts.
Anyone got new news on China ban thing?
There you go "The ban will only apply to trading of cryptocurrencies on exchanges, according to people familiar with the matter, who asked not to be named because the information is private." "OKCoin, BTC China and Huobi, the country’s three biggest bitcoin exchanges, said on Monday that they hadn’t received any regulatory notices concerning bans on cryptocurrency trading. All three venues reported transactions on Monday, with bitcoin rising 6.3 percent on OKCoin as of 11:56 a.m. local time."
financial mess in china at the same time ??
http://www.zerohedge.com/news/2017-09-10/matter-trust-look-inside-chinas-crackdown-its-3-trillion-shadow-banking-industry
http://www.zerohedge.com/news/2017-09-10/yuan-about-tumble-after-fridays-shocking-pboc-news-here-goldmans-take
Probably "According to the Reuters reports, the trust was sued in June this year by eight investors who allege it misrepresented the risks involved in products it sold them and failed to adequately assess the guarantor’s creditworthiness."
no precise news....
http://www.zerohedge.com/news/2017-09-11/confusion-builds-over-china-ban-russian-finmin-says-no-point-prohibiting-cryptocurre
BCC/BCH 2500 by end of the year.
2500 satoshi's ?
Lol I wish. I would buy ALL OF THEM!!!!!!!!!!!!!!!!!!!!!!!!!
Seriously. My brother just sold his 20 BTC at 4500 to buy the real Bitcoin known as Bitcoin Peer to Peer Cash. he may be right or wrong its a 50/50 guess.
What you mean by 2500 Dollars or Satoshi. I don't think that is right move to invest all in into this coin which is just clone of original Bitcoin. It's much hard to predict about the future of BCH if Bitcoin grow to over $40k than you can keep for this.
BCC/BCH 2500 by end of the year.
2500 satoshi's ?
Lol I wish. I would buy ALL OF THEM!!!!!!!!!!!!!!!!!!!!!!!!!
Seriously. My brother just sold his 20 BTC at 4500 to buy the real Bitcoin known as Bitcoin Peer to Peer Cash. he may be right or wrong its a 50/50 guess.
BCC/BCH 2500 by end of the year.
2500 satoshi's ?
Lol I wish. I would buy ALL OF THEM!!!!!!!!!!!!!!!!!!!!!!!!!
BCC/BCH 2500 by end of the year.
2500 satoshi's ?
BCC/BCH 2500 by end of the year.
Anyone got new news on China ban thing?
There you go "The ban will only apply to trading of cryptocurrencies on exchanges, according to people familiar with the matter, who asked not to be named because the information is private." "OKCoin, BTC China and Huobi, the country’s three biggest bitcoin exchanges, said on Monday that they hadn’t received any regulatory notices concerning bans on cryptocurrency trading. All three venues reported transactions on Monday, with bitcoin rising 6.3 percent on OKCoin as of 11:56 a.m. local time."
financial mess in china at the same time ??
http://www.zerohedge.com/news/2017-09-10/matter-trust-look-inside-chinas-crackdown-its-3-trillion-shadow-banking-industry
http://www.zerohedge.com/news/2017-09-10/yuan-about-tumble-after-fridays-shocking-pboc-news-here-goldmans-take
Probably "According to the Reuters reports, the trust was sued in June this year by eight investors who allege it misrepresented the risks involved in products it sold them and failed to adequately assess the guarantor’s creditworthiness."
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