Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 90. (Read 704506 times)

~satoshis virus lel

I looking forward to see this thread being locked as exchanges already have started to delist BCH. In coming days Coinmarketcap also will remove BCH and then two lower positioned will be allocated to these new born coins. I think it is matter of time now. BCH is clear looser till now as on cost of it BCHABC and BCHSV will continue fighting to decide which is real BCash.

Yup. I'm sure all those pension funds will be utterly delighted to wake up and find they have another 10 new forks to play with. What more could anyone want? Just what the doctor ordered.

SV is the future of crypto lol

In time my friend, for now the most important things are: Lock down the protocol so that devs cant come in and change whatever the hell they want every 6 months. The original bitcoin works just fine, no need to keep adding changes to something thats not broken. That will give enterprises and business more confidence in building something on top of BCH. Then we need scaleability to keep the miners in profit.

Bitcoin cash also needs to apply for an ETF. I hope that in the near future, some organizations will apply for an ETF.

It seems to me that many in the crypto space could benefit from learning how important scaleability is. I'll keep it as short and sweet as i can. The foundation of the bitcoin network are the miners, miners keep the chain secure while processing transactions and adding blocks to the chain. Miners have skin in the game, if there is no profitability, they dont mine. No miners means no chain security, or transaction processing, miners need profitability to keep bitcoin alive. When the next halving hits, it is a 50% cut on their profits, in order to make up for this there needs to be double the amount of transactions coming in so that miners can continue staying in profit from large quantities of low fees. Why low fees you ask? Because no one is going to pay an absurd amount of a fee to send coin from one place to the other, the best solution is to grow the number of transactions with different rates of fees, this opens the range of profitability for miners. IF BITCOIN DOES NOT SCALE, and TRANSACTION VOLUME DOES NOT INCREASE BY AT LEAST 2X BEFORE THE NEXT HALVING, IT IS GAME OVER FOR BITCOIN. Why? Because the miners will be out of business, no miners=no bitcoin. BTC segwit can no longer scale and we will see that in the coming years, BCH can scale, but not if idiots like ABC get to do whatever the hell they want to the protocol, which btw right now their goal is to implement WHC/plasma, and hundreds of shitcoins.

Did I get that right?

You must be new to blockchains, let me simplify it for you. The hash war is not over until one side quits, the longest chain wins buddy. Just because ABC got a burst of hashrate from roger switching his btc mining pool to bch, doesnt mean they will sustain that hash rate in the long run. It cost him a fuck load of money to do that

This is as stupid as saying: the shop that received 1000 1$ bills has more income then the shop that received 900 5$ bills.

That kind of events always increase of experience what could happen when noobs keep buying with dream to get rich. That listing creating big confusing for all holders what will happen in future even fork already happened and we are getting still old data.

just like a honey pot

Thanks, that makes a lot of sense. What's funny is the 2 forks combined don't even equal the price of BCH as calculated by CMC.

Regardless, anybody who bought into BCH specifically to take part in the fork is now sitting on a loss.

Because you shouldnt trust CMC... As no one is mining the pre-fork chain, technically, BCH doesnt exist. Most exchanges have stoped trading, and usually, you cant deposit or withdraw.. Some exchanges still trade unsplit BCH, at around 370. If later, only one chain prevails, price should converge. If both chains survive, those exchanges still can split later, as long as dep and withd remain closed.. But CMC should at least exclude all exchanges from calculation, where unsplit BCH arent traded anymore.. OR only list both forks...

OK I have a serious question. Haven't received an answer elsewhere.

As of today, what is "BCH"? How does it still exist and have a price?

https://coinmarketcap.com/currencies/bitcoin-cash

If you add up the price of the 2 forks, its less than the current price of BCH, so its not the combined value of both forks... So why does it still have tremendous volume and sit at #4 in the market cap, instead of 1 coin struggling to stay in the top 5 and the other in the top 10?

whale sv bagholders trying to dump high to noobs while they still can lol

Its price has still gone up about 20% in the last few hours... don't really understand why though

http://hashwars.cash/

Both are scam this has been exposed none of them have any comparison with original BTC. I think this is good for old and most loved coin which is already leading the whole ecosystem now it will rise with more power.

Shit Vision and Also Bull Crap - two scamforks instead of one, so what's the difference?

sv pool is gone aswell now, no one is mining sv..0
coingeek and sv have left.