Author

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 845. (Read 704821 times)

legendary
Activity: 1596
Merit: 1000
just broke 0.2!!!!!
member
Activity: 112
Merit: 10
The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.
Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

So do you mean Bch has no future? It will fall soon?

It's a possible outcome.

There are many possible outcomes.

That's his/her opinion. Doesn't seem terribly unreasonable to me though.

Of course, it sounds bizarre that any exchange would de-list a token trading at $400+. But if that token has no network, and thus cannot transact, then it becomes redundant. Regardless how much the market "thinks" it's worth. Just because a token has value in the market, does not guarantee it's survival. The two are not tied by any sort of guarantee.
full member
Activity: 224
Merit: 100
Bitcoin cash to 3000$!!!!
full member
Activity: 392
Merit: 154
The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.
Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

So do you mean Bch has no future? It will fall soon?

Well so far is the slowest coin going lol hours to just get a single confirmation I know it will change as difficulty adjusts but still not off to the best start just 2 miners working by the looks of it and almost a full day (122/144) behind the BTC chain  Huh
legendary
Activity: 1596
Merit: 1000
Almost 0.2 at bittrex!!!!!!
sr. member
Activity: 742
Merit: 250
Go Big or Go Home
The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.
Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

So do you mean Bch has no future? It will fall soon?
member
Activity: 112
Merit: 10
The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.
Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

Doesn't sound like an unreasonable outcome.

Given the hash rate they seem to (maybe) have, a 20% difficulty reduction won't be enough. It'll still be slow as hell.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.
Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.
hero member
Activity: 619
Merit: 501
https://www.massict.com/
So who is this "Genesis Block 269-273 Hennessy Road Wan Chai Hong Kong" that seems to be creating 75% of blocks and with owning that ratio of the network hashrate I would not trust it

unless it's asicboost, the fork would need a fork after those guys press the red button Cheesy


He is advertising a Hong Kong address via the Block headers:

https://www.reddit.com/r/BitcoinAll/comments/5qgjov/hong_kong_best_hostel_check_inn_hk_now_accepting/

member
Activity: 61
Merit: 10
I just lost my unique BCH. I used Electrum, after the fork i sended my BTC to Bittrex, i download the Electrom Cash, used my private keys and saw my BCH, everything is ok, until after a little time Electrom Cash sended my BCH to the same BTC Bittrex address.

So is a lost right?

Sad

In network settings make sure you are on the correct fork.

I love you!

I thought Electron Cash was just for Bitcoin Cash but some way the network was changed.

Solved
newbie
Activity: 13
Merit: 0
tr1pl3,
Hey sounds very very interesting from a newbie with zero posts Grin Are you PAID poster or just a sponsored one Huh Actually taking something out of contecst  and quoting it is an old trick.
Other than that my congratulations well done Wink
Please i do not want to argue with you .... That is an example for well job done

heh, well I was always watching this forum but this thread gave me inspiration to make account finally because this thread was a mess , but it was fun after all Smiley
And man I don't know if it's old trick or not but like I said it was great thread to be a soldier after war  Grin
newbie
Activity: 56
Merit: 0
The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.
hero member
Activity: 698
Merit: 500
So who is this "Genesis Block 269-273 Hennessy Road Wan Chai Hong Kong" that seems to be creating 75% of blocks and with owning that ratio of the network hashrate I would not trust it

unless it's asicboost, the fork would need a fork after those guys press the red button Cheesy
legendary
Activity: 1610
Merit: 1000
tr1pl3,
Hey sounds very very interesting from a newbie with zero posts Grin Are you PAID poster or just a sponsored one Huh Actually taking something out of contecst  and quoting it is an old trick.
Other than that my congratulations well done Wink
Please i do not want to argue with you .... That is an example for well job done
member
Activity: 115
Merit: 10
I just lost my unique BCH. I used Electrum, after the fork i sended my BTC to Bittrex, i download the Electrom Cash, used my private keys and saw my BCH, everything is ok, until after a little time Electrom Cash sended my BCH to the same BTC Bittrex address.

So is a lost right?

Sad

In network settings make sure you are on the correct fork.
newbie
Activity: 13
Merit: 0
What a interesting day behind us , I needed to make account here because this thread was so funny considering that ,,worthless'' coin hit over $6 billion market cap  Cheesy
it's easy to be a soldier after war and I like it  Tongue
here is perfect example why:

Quote
How will there be buy orders on August 1st if everyone wants to cash out of BCC?
as you can see crypto market is a fun place after all Smiley

Quote
It will lose value very quickly.
That's what she said  Kiss

Quote
The actual value of BCC will then be zero due to no liquidity and everyone will be stuck with free dust.
$500 dust , not bad for a dust  Cheesy

Quote
Who cares about BCC free shit.
free shit that you could sell for $500 , did you ever got sweeter shit in your life for free xD ?

Quote
Is this going to be the biggest dump in history
more like the biggest pump , $6 billions out of nowhere and for dump we might need to wait Smiley

Quote
BCC is going to be the biggest scam ever happened
scam or not , we got it for free right Smiley ? so please scam me more like this  Grin

Quote
i will dump my BCC for real Bitcoin (BTC) after the split.. It will be dumped to zero. Just wait & watch..
Waited and saw $500 , not zero  Grin Grin

Quote
Enjoy the dumpfest.
you mean pumpfest  Huh

Quote
Will there be someone to buy all our BCC when we dump?
will there be someone to buy ? from what I see they are just asking for more  Grin

Quote
BCC  is the most idiotic thing I have ever seen. Yep, everybody that gets BCC for free will just dump it and BCC will be worth 1 satoshi, if lucky. Hahaha!!!!
1 satoshi ? nice prediction , I saw 20.000.000 satoshi price yesterday .... who is laughing now.... Hahaha!!!!!

Quote
It will be worthless dead money...
dead ?  It's ALIVE!!!  Cheesy

Quote
LOL is it joke ? it is more than shit..
so shit that can actually feed you , how funny is that xD

Quote
Looking forward to seeing this greedy cash grab fall flat on its face.
but who would have thought that we're gonna get rich first  Smiley

Quote
i'm gonna to dump my coins as soon as possible . It will be huge dump in history.
but you could never imagine that you could dump it for $550 did you  Huh

Quote
I myself will BOYKOT BCC, wont claim any free coins they give and recommend everyone who has BTC longterm wellbeing in mind to do the same.
No comment  Grin Grin

Heh this is just 1 small part of this thread , so hope you guys had fun.
Lets see what happens next


hope everyone just got richer so enjoy  Kiss


member
Activity: 112
Merit: 10
Can anyone explain how bitcoin cash has any value, where did the money come from, from thin air ?

From the markets.

Those credited with BCH (for BTC held on Bittrex etc) were able to put it up for sale. At whatever price they saw fit.

Ditto buyers. Their choice to pay what they're paying for it. They're choosing/willing to pay $400+ per coin for it. Why, is beyond me!

With such low hashing power, and zero actual adoption in the real world, it doesn't feel like justifiable value to me. Not at the moment. But do the markets give a fuck about that? Obviously not ....
legendary
Activity: 1610
Merit: 1000
seems miners keep their hashing on "the old" BTC, think we can survive for 10 more years with segwit .
BTC withdrawal/deposits are open now, does anyone know when the BCC deps/wds will be open?

The original Bitcoin can not be replaced by a fork, since it will destroy the reputation of the whole crypto. Bittrex will make the withdraw available only after it finds 6 blocks per hour.
It will not if done right. Let me say that around 70% of BTC trading happens in China. That means that Chinese  Markets have big influence on current BTC price. So if they pump enough into this new shit they will make Chinese believe that it is worth something and they will slowely move their funds to BCC. That will mean that BTC Price will drop as long as 70% of trading volume is gone. From the other hand People with money who want just to make a buck will ride BCC wave. More BTC price drop.
So they are actually killing BTC and making China coin where transactions (moving billions of Chinese dollars up and forth) are controlled by them only. And if they have enough money (or willing to spent) they will succeed around 1st of November simple as that Grin
Money and power that is all. They have money but not power Grin
If they sucseed they will have them both Grin
And a sponsored article from my favourite sponsored site coin desk:

What Happened to Bitcoin Today: A Recap of the Blockchain's Big Split

WTF does Blockchain's Big Split means? - 5% of Chinese hashing power or what how big is the big spilt Grin 5 of 100 miners is something BIG? Excuse me i am not getting it what about you?

Sponsored is such a small word, the cheapest that would suit is "PAID".
CoinDesk seems to have been trying to make it a "Big Bang Show" by spitting out some real hard words which weigh too much on our heads to be able to understand but only trying their hard to get other miners too to switch to this "Big Splitty Thing". They just want us to dump our Bitcoins for their currency and then pump up Bitcoins back (sometime in the near future) but it is incredible how Bitcoin is still able to hold its value and I feel we are going to see something extraordinary in the next few days.
Yeah it will Wink The only part which i can not agree with that it will happen next few days. But if it happens next few days a LOT OF CHINESE USD are going to be lost Grin I do not mind though Wink
full member
Activity: 392
Merit: 154
I just lost my unique BCH. I used Electrum, after the fork i sended my BTC to Bittrex, i download the Electrom Cash, used my private keys and saw my BCH, everything is ok, until after a little time Electrom Cash send my BCH to the same BTC Bittrex address.

So is a lost right?

Sad

 Shocked did Electron Cash send your coins without interaction with you  Huh

Anyway you should contact Bittrex support, maybe they'll be able to help.

Maybe try using a different wallet or use a different server by default electron cash showed my balance as 0 because it had unconfirmed transaction because it could see by BTC transfer after the fork ?

Using a different server by balance showed up and was able to send to a new offline wallet where the new finds will stay until I am able to deposit them to an exchange

legendary
Activity: 1218
Merit: 1007
seems miners keep their hashing on "the old" BTC, think we can survive for 10 more years with segwit .
BTC withdrawal/deposits are open now, does anyone know when the BCC deps/wds will be open?

The original Bitcoin can not be replaced by a fork, since it will destroy the reputation of the whole crypto. Bittrex will make the withdraw available only after it finds 6 blocks per hour.
It will not if done right. Let me say that around 70% of BTC trading happens in China. That means that Chinese  Markets have big influence on current BTC price. So if they pump enough into this new shit they will make Chinese believe that it is worth something and they will slowely move their funds to BCC. That will mean that BTC Price will drop as long as 70% of trading volume is gone. From the other hand People with money who want just to make a buck will ride BCC wave. More BTC price drop.
So they are actually killing BTC and making China coin where transactions (moving billions of Chinese dollars up and forth) are controlled by them only. And if they have enough money (or willing to spent) they will succeed around 1st of November simple as that Grin
Money and power that is all. They have money but not power Grin
If they sucseed they will have them both Grin
And a sponsored article from my favourite sponsored site coin desk:

What Happened to Bitcoin Today: A Recap of the Blockchain's Big Split

WTF does Blockchain's Big Split means? - 5% of Chinese hashing power or what how big is the big spilt Grin 5 of 100 miners is something BIG? Excuse me i am not getting it what about you?

Sponsored is such a small word, the cheapest that would suit is "PAID".
CoinDesk seems to have been trying to make it a "Big Bang Show" by spitting out some real hard words which weigh too much on our heads to be able to understand but only trying their hard to get other miners too to switch to this "Big Splitty Thing". They just want us to dump our Bitcoins for their currency and then pump up Bitcoins back (sometime in the near future) but it is incredible how Bitcoin is still able to hold its value and I feel we are going to see something extraordinary in the next few days.
Jump to: