Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 698. (Read 704812 times)

Smoke in the air and everyone is breathing the air.

https://cointelegraph.com/news/bitcoin-cash-trading-volumes-20-percent-more-than-bitcoin-reasons-trends


1st Volume and later comes Price , only a matter of time.

End Result is a Death Spiral for Segwitcoin.


╥Aztek

Keep smoking that magic stuff it's really working out for you and your gonna need it.

What? any sources???

What? any sources???

Because no one gives a shit about segwitcoin ,
feel free to dump , once all of the stupid people are done dumping , Bitcoin Cash is going to $8000 per coin to show you how stupid you were.


╥Aztek

Why is this still not $1?

Are people having problems dumping their BiCH still?

Dump this, the faster the better for BTC.

Keep smoking that magic stuff it's really working out for you and your gonna need it.

Why is this still not $1?

Are people having problems dumping their BiCH still?

Dump this, the faster the better for BTC.

The full mempool argument is pure FUD.  It's due to empty blocks by attacking miners, who I'm sure are also contributing to the problem by spamming the network with no-fee dust transactions.  Anybody who does a normal transaction with normal fees gets confirmed quickly.

BCH is in a death spiral.  Volume is way down, transactions are practically 0, price is headed down.  It's barely more profitable than BTC at the moment, and that's before the difficulty adjusts way back up.  Glad I got out near the peak.

$20 is a micropayment of something that is worth $4500.  People don't try to pay for gasoline with ounces of gold, or shares of Berkshire Hathaway.  

SegWit will make for easier transfers from BTC to LTC and other coins with quicker block times that you can use to pay for your gas.  BTC's 10 minute blocks are never going to be great for retail transactions, even if they are bigger blocks.  

Remember, block creation is a stochastic process, designed to produce a block every 10 minutes *on average* but there's no way of predicting how fast they will actually come.  Even under normal times (not periods like the current hashpower manipulation) it is perfectly possible to have a Bitcoin block that takes over 30 minutes or even an hour to find.  On the other hand, there are many times where consecutive blocks are found within seconds of each other.  Bitcoin is never going to be a completely predictable payment network like a credit card company.  Off-chain transactions on the Lightning Network could be, however.

The full mempool argument is pure FUD.  It's due to empty blocks by attacking miners, who I'm sure are also contributing to the problem by spamming the network with no-fee dust transactions.  Anybody who does a normal transaction with normal fees gets confirmed quickly.

BCH is in a death spiral.  Volume is way down, transactions are practically 0, price is headed down.  It's barely more profitable than BTC at the moment, and that's before the difficulty adjusts way back up.  Glad I got out near the peak.

$20 is a micropayment of something that is worth $4500.  People don't try to pay for gasoline with ounces of gold, or shares of Berkshire Hathaway.  

SegWit will make for easier transfers from BTC to LTC and other coins with quicker block times that you can use to pay for your gas.  BTC's 10 minute blocks are never going to be great for retail transactions, even if they are bigger blocks.  

Remember, block creation is a stochastic process, designed to produce a block every 10 minutes *on average* but there's no way of predicting how fast they will actually come.  Even under normal times (not periods like the current hashpower manipulation) it is perfectly possible to have a Bitcoin block that takes over 30 minutes or even an hour to find.  On the other hand, there are many times where consecutive blocks are found within seconds of each other.  Bitcoin is never going to be a completely predictable payment network like a credit card company.  Off-chain transactions on the Lightning Network could be, however.