Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 757. (Read 704406 times)

I think volume is increasing coming up to BCH being on poloniex so it could be a sign of more BTC going there in order to buy it and not dump.

I think volume is increasing coming up to BCH being on poloniex so it could be a sign of more BTC going there in order to buy it and not dump.

Yes, that's what I understood from poloniex statement too. Polo did not promise to list the coin, just maybe allow user to withdraw their bch to somewhere else only.

Its not guaranteed that polo will allow trading users may just have to withdraw to another exchange or wallet

Also says just crediting and the user may not be able to do anything with it straight away

Have to just wait and see probably be an eventful day though

I think tomorrow will be a very big BCH dump because of polo releasing their BCH on 14th of August

I think tomorrow will be a very big BCH dump because of polo releasing their BCH on 14th of August

I think tomorrow will be a very big BCH dump because of polo releasing their BCH on 14th of August

We will be crediting users who had BTC in their account balance at the time of the fork with matching BCH. We expect this to occur on or before 8/14/17. Keep in mind that we have not yet determined if we will be listing BCH as a market on Poloniex nor can we commit to supporting BCH withdrawals right away. The ability to withdraw BCH will depend on network stability which is completely outside of our control.

Do you both really don't know that Bcash is an entirely different coin? Or are you intentionally being stupid?


From https://medium.com/@freetrade68/announcing-bcash-8b938329eaeb:

None of the current proposals are good long term solutions and maybe bigger blocks will be necessary but its something that is being rushed unnecessarily at the moment.

I think it's absolutely hilarious that people think BCH will eventually pass BTC. That's just not going to happen.

The arguments against Segwit are:

    The block size increase is not enough to satisfy the growing needs of Bitcoin’s user base.
    Others see a hidden agenda as a large number of people working on SegWit are also employed by a company called Blockstream, whose primary product is side-chain solutions.
    Because a side-chain’s transaction will be verified by a trusted third party it is an unacceptable compromise because this is what the blockchain is supposed to eliminate.

The SegWit is providing solution to the following challenges in the network;

    Resolve the weak spot in the Bitcoin software
    Increase of the block size limit to an absolute maximum of 4 MB. The actual block size will depend on the network conditions. It is predicted by experts to be in the range of about two to 2.1 megabytes immediately after SegWit’s activation.
    Remove the barrier to the implementation of second-layer solutions (side-chains) like the proposed Lightning Network. Second-layer solutions remove the bulk of the transactions off the blockchain to a side-chain.

(bcc solves these issues and more)
Bitcoin Cash is a split from Bitcoin with a protocol upgrade to fix on-chain capacity.

If Bitcoin Cash gets majority of PoW then it becomes de facto Bitcoin.

IMO what was laid out 9 years ago doesn't have to be the be all and end all of bitcoin, over time, especially in the information sector, things change and grow. Segwit improves apon the origonal code in a way that perhaps Satoshi didn't even think about way back then, it fixes the malleability and quadratic scaling issues, increases transaction throughput and does this without the need of a hardfork. Its not about siding with whos smarter than who, you dont have to pick one team and block everyone else out, even entry level coders can come up with incredibly elegant solutions sometimes just because they aren't locked into the existing status quo.

None of the current proposals are good long term solutions and maybe bigger blocks will be necessary but its something that is being rushed unnecessarily at the moment. Personally for the main chain I believe that after segwit is activated we should wait and see what affect it has while continuing to work on other solutions like block size increases and other future bug fixes then, when and if it is deemed necessary, roll out as many of these improvemnts as possible in a single hardfork and only after the code has been thoroughly tested and peer reviewed. I dont think hardforking should be something that is taken lightly.

The beauty of bitcoin is that no one owns it and I can almost guarantee that is why Satoshi has publically dissapeared from the scene because he knows that if he were a public figure his opinion would be the final say on bitcoins future and I believe that in the end that goes against everything that he and bitcoin is about... decentralisation.

Do you both really don't know that Bcash is an entirely different coin? Or are you intentionally being stupid?

Agreed with you OP must change the title of this thread according to the correct name BCASH. But some big exchange still using BCC that is why it is confusing at the moment.

Announcing Bcash

Bcash is a new cryptocurrency that uses the existing Bitcoin ledger combined with Zcash privacy technology. It aims to alleviate the congestion in the Bitcoin network while protecting users with the strong privacy guarantees of Zcash technology.
It is expected to launch in the first quarter of 2018.

Mini FAQ:

How can I buy Bcash?
Bcash has not launched yet, there is no way to buy or sell it. Do not trust anyone offering to buy or sell Bcash at this time.

How is it related to Bitcoin Cash?
They are entirely different projects.