I was thinking BTC was slow, I was sending 2 BCH from Cryptopia to Poloniex and it took 2 hours to be available. BTC usually takes around 10 min.
Adjustment difficulty still
Then blocks bch every 10 mins
However, btc fee 4 $, bch fee 0.04 $
Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 739. (Read 704812 times)
I was thinking BTC was slow, I was sending 2 BCH from Cryptopia to Poloniex and it took 2 hours to be available. BTC usually takes around 10 min.
Adjustment difficulty still
Then blocks bch every 10 mins
However, btc fee 4 $, bch fee 0.04 $
hi guys there is a good easy pool to mine bch with nicehas rent sha 256?
Have a look at the active miners and take your pick I would say ViaBTC
Yes i saw viabtc but the explanation for point the miner (in this case nicehash rent) there isn't... i mean every pool you go there is a get start guide to showo you how to mine there... viabtc don't have
And 90% others what does that mean? 90% belongs to bitcoin (btc) pools?
No the other is a unknown miner and looking at the block payout addresses it is just 2 users/pools that do not wish to be identified one may ask why ?
So you only have 2 to choose from ViaBTC or BitClub Networks
I was thinking BTC was slow, I was sending 2 BCH from Cryptopia to Poloniex and it took 2 hours to be available. BTC usually takes around 10 min.
Yes, it was happening to me also why the confirmation is taking too long for a NEW coin like BCH. I think many mining people are not showing any interest towards the BCH. I think people should consider BCH or not everything is still in a dilemma.
hi guys there is a good easy pool to mine bch with nicehas rent sha 256?
Have a look at the active miners and take your pick I would say ViaBTC
Yes i saw viabtc but the explanation for point the miner (in this case nicehash rent) there isn't... i mean every pool you go there is a get start guide to showo you how to mine there... viabtc don't have
And 90% others what does that mean? 90% belongs to bitcoin (btc) pools?
Will Segwit work as advertised without any flaws? Probably. But probably isn't good enough for those holding massive amounts of BTC. It is a particularly risky time to hold BTC before Segwit happens. If a big reduction in mining support happens, and there is a simultaneous mass panic, BTC will grind to a halt and drop like a rock before Segwit can save the day. I think we are starting to see some of this realization by BTC holders and today's drop in price. We'll watch over the next few days to see if it continues.
https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/
uh, the people who pushed segwit are the ones holding massive amounts of btc and investment in btc related businesses.
Right, but the point I was trying to make is that a big change like Segwit adds risk. BCH is a hedge against that risk. BCH has already implemented their scaling solution and it has passed the stress test. BTC is still waiting for its scaling implementation and it hasn't been through real world stress tests.
If I held a large amount of BTC then I would also want to hold at least the same amount of BCH as protection in the event Segwit does not go well. If I saw that BCH had successfully implemented and tested its scaling solution then I would be inclined to buy even more BCH.
Regardless of your emotional feelings towards Segwit, it makes a lot of sense to protect yourself by at the very least holding an equal amount of BCH. These Pro-Segwit whales are hedging their bets. The ones who are dumping BCH are the peons at the bottom rung of the food chain and the whales are buying more than they held in the first place.
Bingo. I suppose that market forces and economic analyses are coming to the same conclusions... BTC is on thinner ice than people realize... Kore's mantra that "Bitcoin can't work with larger blocks" appears to have been quietly discredited by living proof: the vibrant BCC network and market. Finally, it now appears that the real Achilles' Heel of Bitcoin is its difficulty adjustment algorithm...
Personally, as a holder of BTC I am very concerned about how the Segwit2x drama resolves in the coming months... Right now I imagine that Kore will stubbornly keep their feet firmly planted and reject the Segwit2x hard fork, industry people will throw their hands up and react in one of several ways:
* Suck it up, and stay on Segwit1x Kore, forcing node operators updating their node software to Kore 0.15 with no blocksize increase
* Refuse to update node software and run Segwit2x, despite the apparent risks and lack of replay protection
* Start to slowly migrate to BCC behind the scenes, to avoid panic
* Rush out poorly designed and buggy Lightning implementations
* Hedge with altcoin investments
or
* Simply take over Kore development with some type of corporate coup or manufactured emergency
Of course, the biggest wildcard is the miners, who have the choice to switch to the BCC chain whenever they like. I believe that MANY of the miners will switch to BCC if Segwit2x is not honored, on their own accord, and due to the perceived second (or third) betrayal of agreements with them. At this point BTC could be in serious trouble, because the difficulty adjustment is so slow. Transactions could quickly become blocked for week or more, regardless of fees paid, due to the combination of the overloaded mempool and lack of hashing support. This type of event would indeed trigger a classic "rush for the exits", which would likely consume most of the value of BTC, and massively damage the public confidence in cryptos in general.
Nobody wants these scenarios to play out. So generally people will act to avoid them.
It is currently 30% more profitable to mine on the Bitcoin Cash blockchain
It would help if Bitmain opened up Antpool to Bitcoin Cash as well as Hashnest, instead of doing all the mining on their private Asics.
Segwitcoin miners are currently losing $10billion per day by not switching (#is from my head but prob not far off lol)
Where on Earth are you coming up with 10 billion dollars per day? If Bitcoin Cash went for $1000 per coin, that would be $12,500 per block. The miners would need to mine 800,000 blocks in one day, to make 10 Billion dollars. That would be more than 9 blocks per second. The network would definitely fork all over the place at that rate.
Bitcoin hasn't even mined 800,000 blocks in its entire existence....
It is currently 30% more profitable to mine on the Bitcoin Cash blockchain
I was thinking BTC was slow, I was sending 2 BCH from Cryptopia to Poloniex and it took 2 hours to be available. BTC usually takes around 10 min.
BCH confirmation is still slow as it is new and it takes some time for the adjustments to be made. AFAIK BCH needs the difficulty to be adjusted according to the hash power, i just don't know when is the right time for it as it maybe different from BTC which is every 2 weeks
No surprise here to see so many people shilling this. It doesn't take a genius to figure out they all got it for free and want to make it rise as much as possible before they exit.
Will Segwit work as advertised without any flaws? Probably. But probably isn't good enough for those holding massive amounts of BTC. It is a particularly risky time to hold BTC before Segwit happens. If a big reduction in mining support happens, and there is a simultaneous mass panic, BTC will grind to a halt and drop like a rock before Segwit can save the day. I think we are starting to see some of this realization by BTC holders and today's drop in price. We'll watch over the next few days to see if it continues.
https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/
uh, the people who pushed segwit are the ones holding massive amounts of btc and investment in btc related businesses.
Right, but the point I was trying to make is that a big change like Segwit adds risk. BCH is a hedge against that risk. BCH has already implemented their scaling solution and it has passed the stress test. BTC is still waiting for its scaling implementation and it hasn't been through real world stress tests.
If I held a large amount of BTC then I would also want to hold at least the same amount of BCH as protection in the event Segwit does not go well. If I saw that BCH had successfully implemented and tested its scaling solution then I would be inclined to buy even more BCH.
Regardless of your emotional feelings towards Segwit, it makes a lot of sense to protect yourself by at the very least holding an equal amount of BCH. These Pro-Segwit whales are hedging their bets. The ones who are dumping BCH are the peons at the bottom rung of the food chain and the whales are buying more than they held in the first place.
Savik talks sense, thats one of many reasons to be in bch.
I was thinking BTC was slow, I was sending 2 BCH from Cryptopia to Poloniex and it took 2 hours to be available. BTC usually takes around 10 min.
No surprise here to see so many people shilling this. It doesn't take a genius to figure out they all got it for free and want to make it rise as much as possible before they exit.
Blockchain Overview https://cash.coin.dance/blocks
There have been 1081 blocks mined since the hard fork.
(1547 blocks behind the original chain)
The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.
The original chain has grown 2.25GB more than the Bitcoin Cash blockchain.
It is currently 26% more profitable to mine on the Bitcoin Cash blockchain
Segwitcoin miners are currently losing $10billion per day by not switching (#is from my head but prob not far off lol)
There have been 1081 blocks mined since the hard fork.
(1547 blocks behind the original chain)
The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.
The original chain has grown 2.25GB more than the Bitcoin Cash blockchain.
It is currently 26% more profitable to mine on the Bitcoin Cash blockchain
Segwitcoin miners are currently losing $10billion per day by not switching (#is from my head but prob not far off lol)
Will Segwit work as advertised without any flaws? Probably. But probably isn't good enough for those holding massive amounts of BTC. It is a particularly risky time to hold BTC before Segwit happens. If a big reduction in mining support happens, and there is a simultaneous mass panic, BTC will grind to a halt and drop like a rock before Segwit can save the day. I think we are starting to see some of this realization by BTC holders and today's drop in price. We'll watch over the next few days to see if it continues.
https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/
uh, the people who pushed segwit are the ones holding massive amounts of btc and investment in btc related businesses.
Right, but the point I was trying to make is that a big change like Segwit adds risk. BCH is a hedge against that risk. BCH has already implemented their scaling solution and it has passed the stress test. BTC is still waiting for its scaling implementation and it hasn't been through real world stress tests.
If I held a large amount of BTC then I would also want to hold at least the same amount of BCH as protection in the event Segwit does not go well. If I saw that BCH had successfully implemented and tested its scaling solution then I would be inclined to buy even more BCH.
Regardless of your emotional feelings towards Segwit, it makes a lot of sense to protect yourself by at the very least holding an equal amount of BCH. These Pro-Segwit whales are hedging their bets. The ones who are dumping BCH are the peons at the bottom rung of the food chain and the whales are buying more than they held in the first place.
Very well said, short and to the point!
^ Mr Savik is 100% spot on 
btw , we going over 0.2 and will stay above it, thats the bottom soon imo
btw , we going over 0.2 and will stay above it, thats the bottom soon imo
Will Segwit work as advertised without any flaws? Probably. But probably isn't good enough for those holding massive amounts of BTC. It is a particularly risky time to hold BTC before Segwit happens. If a big reduction in mining support happens, and there is a simultaneous mass panic, BTC will grind to a halt and drop like a rock before Segwit can save the day. I think we are starting to see some of this realization by BTC holders and today's drop in price. We'll watch over the next few days to see if it continues.
https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/
uh, the people who pushed segwit are the ones holding massive amounts of btc and investment in btc related businesses.
Right, but the point I was trying to make is that a big change like Segwit adds risk. BCH is a hedge against that risk. BCH has already implemented their scaling solution and it has passed the stress test. BTC is still waiting for its scaling implementation and it hasn't been through real world stress tests.
If I held a large amount of BTC then I would also want to hold at least the same amount of BCH as protection in the event Segwit does not go well. If I saw that BCH had successfully implemented and tested its scaling solution then I would be inclined to buy even more BCH.
Regardless of your emotional feelings towards Segwit, it makes a lot of sense to protect yourself by at the very least holding an equal amount of BCH. These Pro-Segwit whales are hedging their bets. The ones who are dumping BCH are the peons at the bottom rung of the food chain and the whales are buying more than they held in the first place.
Since the majority of the networks seems to solo mine, I don't really get why we don't see a massive hashrate inrush. We have crossed the line of profitability by a great deal now and we still can't really see any movement on that front.
Eventually we will, but how long will it take (and will the price stay above $700...)
Eventually we will, but how long will it take (and will the price stay above $700...)
I don't believe the price can stay above 0.2BTC for BCC. A pump happened and this pulled the price up, but how long will this continue like that? The most stable price region would be around 0.08BTC for BCC.
You never know this could be the start of the flippening
Since the majority of the networks seems to solo mine, I don't really get why we don't see a massive hashrate inrush. We have crossed the line of profitability by a great deal now and we still can't really see any movement on that front.
Eventually we will, but how long will it take (and will the price stay above $700...)
Eventually we will, but how long will it take (and will the price stay above $700...)
I don't believe the price can stay above 0.2BTC for BCC. A pump happened and this pulled the price up, but how long will this continue like that? The most stable price region would be around 0.08BTC for BCC.
Since the majority of the networks seems to solo mine, I don't really get why we don't see a massive hashrate inrush. We have crossed the line of profitability by a great deal now and we still can't really see any movement on that front.
Eventually we will, but how long will it take (and will the price stay above $700...)
Eventually we will, but how long will it take (and will the price stay above $700...)
china vs us who will win?
Have a look at the active miners and take your pick I would say ViaBTC
that 92% is jihan wu as well. call him up and ask for the unknown pool. he'll hook you up.
what if its a collaboration between miners,exchanges and big hodlers that know whats going to happen to their business if bcash fails.
They know they would have to share profits with a 3rd party,
that will always increase charges as time passes
and possibly even have the power to shut their business down if they let segwitcoin win.
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