[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 765.

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Quote from: iCEBREAKER on August 09, 2017, 10:54:18 PM

Quote from: classicsucks on August 09, 2017, 03:32:18 AM

https://news.bitcoin.com/blockchain-data-reveals-someone-is-trying-to-slow-down-bitcoin-cash/
TLDR; somebody is deliberately throwing a ton of hashpower at BCC every time the difficulty is about to adjust down. I wonder who would do that...

However:

https://medium.com/@freetrade68/the-bitcoin-cash-flippening-is-coming-faster-than-you-expect-3fb75fa61138

They have a good point - BTC doesn't have a smart(er) diff adjustment, while BCC does. My understanding is that the BTC difficulty is about to rise for the next 2016 blocks (and will remain higher for a minimum 2 weeks).

If BCC mining hashpower increases (making mining BCC more cost-effective), and BTC mining hashpower starts to fall off, the BTC chain could get stuck in HELL for 3+ months, with slow-ass confirmations and useless full blocks. Imagine if BTC miners only mine 2 blocks per day!

2 blocks/day for BTC would be exactly the kind of failure mode which would rally support for an uncontroversial hard fork to either new difficulty adjustment algo or new PoW.

But that's not going to happen because the alternative is to use the shoddy Bcash chain, which is so appallingly defective in design that it can be attacked by merely mining it at 'sensitive' times.

Let the scope of Garzik's architectural failure sink in for a moment; savor the boundless incompetence of a hastily implemented rage-forked shitcoin design that by application of additional mining power is actually *endangered* rather than additively secured. Cheesy

Game of Thrones must work very hard to provide us with appropriately epic graphics/memes for the upcoming Bcash Officially #REKT thread...

you see that tek lol...thats how its done...by a legend

Hows things m8?
happy to see your input and views

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: classicsucks on August 09, 2017, 03:32:18 AM

https://news.bitcoin.com/blockchain-data-reveals-someone-is-trying-to-slow-down-bitcoin-cash/
TLDR; somebody is deliberately throwing a ton of hashpower at BCC every time the difficulty is about to adjust down. I wonder who would do that...

However:

https://medium.com/@freetrade68/the-bitcoin-cash-flippening-is-coming-faster-than-you-expect-3fb75fa61138

They have a good point - BTC doesn't have a smart(er) diff adjustment, while BCC does. My understanding is that the BTC difficulty is about to rise for the next 2016 blocks (and will remain higher for a minimum 2 weeks).

If BCC mining hashpower increases (making mining BCC more cost-effective), and BTC mining hashpower starts to fall off, the BTC chain could get stuck in HELL for 3+ months, with slow-ass confirmations and useless full blocks. Imagine if BTC miners only mine 2 blocks per day!

2 blocks/day for BTC would be exactly the kind of failure mode which would rally support for an uncontroversial hard fork to either new difficulty adjustment algo or new PoW.

But that's not going to happen because the alternative is to use the shoddy Bcash chain, which is so appallingly defective in design that it can be attacked by merely mining it at 'sensitive' times.

Let the scope of Garzik's architectural failure sink in for a moment; savor the boundless incompetence of a hastily implemented rage-forked shitcoin design that by application of additional mining power is actually *endangered* rather than additively secured. Cheesy

Game of Thrones must work very hard to provide us with appropriately epic graphics/memes for the upcoming Bcash Officially #REKT thread...

aan001

sr. member

Activity: 728

Merit: 250

StableDex | Decentralized, Secure & Cost Effective

what this coin price same with Btc ?? Grin

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: LTU_btc on August 09, 2017, 08:05:32 PM

Quote from: bones261 on August 09, 2017, 07:58:12 PM

Quote from: tekmobile on August 09, 2017, 07:55:47 PM

Quote from: wezzy on August 09, 2017, 07:49:33 PM

Quote from: Lindsey-Crypto on August 09, 2017, 06:53:34 PM

Wonder what kind of dump or panic will happen when poloniex will release their 60000 bcc... (down to hell?)

And why do you think everyone will sell their BCC?, in fact I believe at most only 10k will be sold, rest will keep it as an hedge ,

Both poloniex and coinbase have stated they have not decided if they will allow buying or trading of BCH

So far all we know is they will allow you to withdraw to a wallet I dont know how this will affect things since a lot of people just keep their coins in coinbase instead of a paper/haedware or other wallet

The coinbase people can just transfer their BCC to another exchange wallet. I don't think coinbase will block a transfer if the address you transfer to is an exchange wallet or your own personal wallet.

No, they can't. Coinbase so far didn't credited BCH to their users. Coinbase announced that they will start to support Bitcoin Cash only in January. People who where holding bitcoins on Coinbase during fork, now have to wait until they will be able to claim their BCH.

They say "by" Jan 1st... it could be before that.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: tekmobile on August 09, 2017, 07:55:47 PM

Quote from: wezzy on August 09, 2017, 07:49:33 PM

Quote from: Lindsey-Crypto on August 09, 2017, 06:53:34 PM

Wonder what kind of dump or panic will happen when poloniex will release their 60000 bcc... (down to hell?)

And why do you think everyone will sell their BCC?, in fact I believe at most only 10k will be sold, rest will keep it as an hedge ,

Both poloniex and coinbase have stated they have not decided if they will allow buying or trading of BCH

So far all we know is they will allow you to withdraw to a wallet I dont know how this will affect things since a lot of people just keep their coins in coinbase instead of a paper/hardware or other wallet

GDAX said they will open BCH markets. And, Coinbase owns GDAX. So I assume you could also buy/sell BCH on coinbase as welleventually.

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Quote from: tekmobile on August 09, 2017, 08:52:03 PM

Quote from: Mrpumperitis on August 09, 2017, 08:31:41 PM

lol...do you think i give a ***** why they implement it, cheaper, forced or not, ....
Its coming on coinbase as long as no additional risks emerge during that time.

This is why you buy/hodl bch/bcc , you dont sit there wasting energy trying to worry about coinbase lawsuits (unless u got coins there lol)
focus on what you need to do

....ahhh unless your trolling for cheap coin...aha Cheesy

I sold all my BCH on HitBTC as soon as possible then bought back in at the lows and sold it all again around $330 I now have 0 BCH and do not wish to get anymore it can burn in a fiery death the only reason I am here now is to help newbies think a bit more rationally and look at the possible outcomes and how things will most likely play out and hopefully decide not to support this scam.

woa there...so its ok for you to ,sneaky buy (bet you told no-one) , trade and make profits on bch but when it comes to others you deny them?? hypocrite? lol
also ..those profits you gained from trades, could have been from those same people that got burnt ...you took their money...lol

terrrible terrible concern troll...tut tut Cheesy

Sumo

hero member

Activity: 1098

Merit: 500

60 btc to take it to .097

Price cant stay above .09 lol

Bitcoin Cash Whales ballin out Grin

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Quote from: tekmobile on August 09, 2017, 08:52:03 PM

Quote from: Mrpumperitis on August 09, 2017, 08:31:41 PM

lol...do you think i give a ***** why they implement it, cheaper, forced or not, ....
Its coming on coinbase as long as no additional risks emerge during that time.

This is why you buy/hodl bch/bcc , you dont sit there wasting energy trying to worry about coinbase lawsuits (unless u got coins there lol)
focus on what you need to do

....ahhh unless your trolling for cheap coin...aha Cheesy

I sold all my BCH on HitBTC as soon as possible then bought back in at the lows and sold it all again around $330 I now have 0 BCH and do not wish to get anymore it can burn in a fiery death the only reason I am here now is to help newbies think a bit more rationally and look at the possible outcomes and how things will most likely play out and hopefully decide not to support this scam.

I started in crypto late 2012 and have seen the rise and fall of many companies and scams and things to watch out for
I have spent a lot of time studying the various graphs and numbers and taking note of patterns that are emerging.

ah the concern troll, the person that dedicates all day , everyday , to help people that he doesnt know...what would we do without you Cheesy

every coin ive invested in, has at least one of you guys....
someone who has been around since 2012, so much knowledge, but hides behind a new account made specifically to troll here...hmmm hmmm hmmm

(please stop revealing your secrets , dont study graphs to hard btw lol)

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Mrpumperitis on August 09, 2017, 08:31:41 PM

lol...do you think i give a ***** why they implement it, cheaper, forced or not, ....
Its coming on coinbase as long as no additional risks emerge during that time.

This is why you buy/hodl bch/bcc , you dont sit there wasting energy trying to worry about coinbase lawsuits (unless u got coins there lol)
focus on what you need to do

....ahhh unless your trolling for cheap coin...aha Cheesy

I sold all my BCH on HitBTC as soon as possible then bought back in at the lows and sold it all again around $330 I now have 0 BCH and do not wish to get anymore it can burn in a fiery death the only reason I am here now is to help newbies think a bit more rationally and look at the possible outcomes and how things will most likely play out and hopefully decide not to support this scam.

I started in crypto late 2012 and have seen the rise and fall of many companies and scams and things to watch out for
I have spent a lot of time studying the various graphs and numbers and taking note of patterns that are emerging.

Sumo

hero member

Activity: 1098

Merit: 500

50 bitcoins takes it to .096

That's too rich for their blood lmao Grin

i.post.in.scam.threads

newbie

Activity: 17

Merit: 0

Pour more money into this shit guys Roll Eyes

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Quote from: tekmobile on August 09, 2017, 08:28:09 PM

Quote from: Mrpumperitis on August 09, 2017, 08:23:38 PM

Quote from: tekmobile on August 09, 2017, 08:22:28 PM

Quote from: Mrpumperitis on August 09, 2017, 08:18:53 PM

David Farmer, communications director at Coinbase, officially announced that Coinbase will integrate Bitcoin Cash (BCH) support by January of 2018, crediting all bitcoin account holders that have had stored bitcoin on Coinbase prior to the August 1 hard fork.

Farmer stated:

We are planning to have support for bitcoin cash by January 1, 2018,

assuming no additional risks emerge during that time. Undecided

Once supported, Grin

customers will be able to withdraw bitcoin cash.

We’ll make a determination at a later date about adding trading support. Grin

In the meantime, customer bitcoin cash will remain safely stored on Coinbase. Grin

With big emphasis on this bit

customers will be able to withdraw bitcoin cash

We’ll make a determination at a later date about adding trading support Grin

meaning you can get you bch but you cannot use it with us (i added this for you, im a nice guy..ill even make it red lol

)

they didnt say , no , like they did before Cheesy

Only because its cheaper to implement and payout rather than deal with a lawsuit

lol...do you think i give a ***** why they implement it, cheaper, forced or not, ....
Its coming on coinbase as long as no additional risks emerge during that time.

This is why you buy/hodl bch/bcc , you dont sit there wasting energy trying to worry about coinbase lawsuits (unless u got coins there lol)
focus on what you need to do

....ahhh unless your trolling for cheap coin...aha Cheesy

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Mrpumperitis on August 09, 2017, 08:23:38 PM

Quote from: tekmobile on August 09, 2017, 08:22:28 PM

Quote from: Mrpumperitis on August 09, 2017, 08:18:53 PM

David Farmer, communications director at Coinbase, officially announced that Coinbase will integrate Bitcoin Cash (BCH) support by January of 2018, crediting all bitcoin account holders that have had stored bitcoin on Coinbase prior to the August 1 hard fork.

Farmer stated:

We are planning to have support for bitcoin cash by January 1, 2018,

assuming no additional risks emerge during that time. Undecided

Once supported, Grin

customers will be able to withdraw bitcoin cash.

We’ll make a determination at a later date about adding trading support. Grin

In the meantime, customer bitcoin cash will remain safely stored on Coinbase. Grin

With big emphasis on this bit

customers will be able to withdraw bitcoin cash

We’ll make a determination at a later date about adding trading support Grin

meaning you can get you bch but you cannot use it with us (i added this for you, im a nice guy..ill even make it red lol

)

they didnt say , no , like they did before Cheesy

Only because its cheaper to implement and payout rather than deal with a lawsuit

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: Mrpumperitis on August 09, 2017, 08:18:53 PM

David Farmer, communications director at Coinbase, officially announced that Coinbase will integrate Bitcoin Cash (BCH) support by January of 2018, crediting all bitcoin account holders that have had stored bitcoin on Coinbase prior to the August 1 hard fork.

Farmer stated:

We are planning to have support for bitcoin cash by January 1, 2018,

assuming no additional risks emerge during that time. Undecided

Once supported, Grin

customers will be able to withdraw bitcoin cash.

We’ll make a determination at a later date about adding trading support. Grin

In the meantime, customer bitcoin cash will remain safely stored on Coinbase. Grin

I wonder how much bitcoin cash they will be distributing. After all, they were having delays in their withdrawals before the fork because of sheer volume. I'm not certain this was because Coinbase first came out and stated that they wouldn't support Bitcoin cash, or if people where just withdrawing because of the threat of UASF.

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Quote from: tekmobile on August 09, 2017, 08:22:28 PM

Quote from: Mrpumperitis on August 09, 2017, 08:18:53 PM

David Farmer, communications director at Coinbase, officially announced that Coinbase will integrate Bitcoin Cash (BCH) support by January of 2018, crediting all bitcoin account holders that have had stored bitcoin on Coinbase prior to the August 1 hard fork.

Farmer stated:

We are planning to have support for bitcoin cash by January 1, 2018,

assuming no additional risks emerge during that time. Undecided

Once supported, Grin

customers will be able to withdraw bitcoin cash.

We’ll make a determination at a later date about adding trading support. Grin

In the meantime, customer bitcoin cash will remain safely stored on Coinbase. Grin

With big emphasis on this bit

customers will be able to withdraw bitcoin cash

We’ll make a determination at a later date about adding trading support Grin

meaning you can get you bch but you cannot use it with us (i added this for you, im a nice guy..ill even make it red lol

)

they didnt say , no , like they did before Cheesy

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Mrpumperitis on August 09, 2017, 08:18:53 PM

David Farmer, communications director at Coinbase, officially announced that Coinbase will integrate Bitcoin Cash (BCH) support by January of 2018, crediting all bitcoin account holders that have had stored bitcoin on Coinbase prior to the August 1 hard fork.

Farmer stated:

We are planning to have support for bitcoin cash by January 1, 2018,

assuming no additional risks emerge during that time. Undecided

Once supported, Grin

customers will be able to withdraw bitcoin cash.

We’ll make a determination at a later date about adding trading support. Grin

In the meantime, customer bitcoin cash will remain safely stored on Coinbase. Grin

With big emphasis on this bit

customers will be able to withdraw bitcoin cash

We’ll make a determination at a later date about adding trading support

meaning you can get you bch but you cannot use it with us

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

David Farmer, communications director at Coinbase, officially announced that Coinbase will integrate Bitcoin Cash (BCH) support by January of 2018, crediting all bitcoin account holders that have had stored bitcoin on Coinbase prior to the August 1 hard fork.

Farmer stated:

We are planning to have support for bitcoin cash by January 1, 2018,

assuming no additional risks emerge during that time. Undecided

Once supported, Grin

customers will be able to withdraw bitcoin cash.

We’ll make a determination at a later date about adding trading support. Grin

In the meantime, customer bitcoin cash will remain safely stored on Coinbase. Grin

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: LTU_btc on August 09, 2017, 08:05:32 PM

Quote from: bones261 on August 09, 2017, 07:58:12 PM

Quote from: tekmobile on August 09, 2017, 07:55:47 PM

Both poloniex and coinbase have stated they have not decided if they will allow buying or trading of BCH

So far all we know is they will allow you to withdraw to a wallet I dont know how this will affect things since a lot of people just keep their coins in coinbase instead of a paper/haedware or other wallet

The coinbase people can just transfer their BCC to another exchange wallet. I don't think coinbase will block a transfer if the address you transfer to is an exchange wallet or your own personal wallet.

No, they can't. Coinbase so far didn't credited BCH to their users. Coinbase announced that they will start to support Bitcoin Cash only in January. People who where holding bitcoins on Coinbase during fork, now have to wait until they will be able to claim their BCH.

I was writing in future tense. Roll Eyes

tekmobile

full member

Activity: 392

Merit: 154

Quote from: LTU_btc on August 09, 2017, 08:05:32 PM

No, they can't. Coinbase so far didn't credited BCH to their users. Coinbase announced that they will start to support Bitcoin Cash only in January. People who where holding bitcoins on Coinbase during fork, now have to wait until they will be able to claim their BCH.

Thats not whats being said

In the poloniex and coinbase announcements they both said they they will allow users to withdraw their BCH but have not decided if they will open trading

so basically when coinbase do give users access to their BCH they may just be to just withdraw to a wallet address and nothing else

this is only happening due to the risk of a class action lawsuit I dont think they have changed their minds they will still be against BCH

LTU_btc

legendary

Activity: 3178

Merit: 1363

Slava Ukraini!

Quote from: bones261 on August 09, 2017, 07:58:12 PM

Quote from: tekmobile on August 09, 2017, 07:55:47 PM

Quote from: wezzy on August 09, 2017, 07:49:33 PM

Quote from: Lindsey-Crypto on August 09, 2017, 06:53:34 PM

Wonder what kind of dump or panic will happen when poloniex will release their 60000 bcc... (down to hell?)

And why do you think everyone will sell their BCC?, in fact I believe at most only 10k will be sold, rest will keep it as an hedge ,

Both poloniex and coinbase have stated they have not decided if they will allow buying or trading of BCH

So far all we know is they will allow you to withdraw to a wallet I dont know how this will affect things since a lot of people just keep their coins in coinbase instead of a paper/haedware or other wallet

The coinbase people can just transfer their BCC to another exchange wallet. I don't think coinbase will block a transfer if the address you transfer to is an exchange wallet or your own personal wallet.

No, they can't. Coinbase so far didn't credited BCH to their users. Coinbase announced that they will start to support Bitcoin Cash only in January. People who where holding bitcoins on Coinbase during fork, now have to wait until they will be able to claim their BCH.

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 765. (Read 704387 times)