Topic: BCC taking the crown. - page 3. (Read 2515 times)

You are just as intriguing as Proudhon was. Is there someway one could "follow" or get notified upon activity of certain users on this forum?? Its like counter-signaling for elite holders.
....and some comical relief. because there are plenty on the forum posting with similar thoughts but are actually serious about what they post.

This also makes investing in BCC quite risky because greedy members of those team can easily dump their holding when price will pump hard. Bitcoincash was just created to centralize bitcoin which nobody wants.

are you serious !!!/?
you are the one talking about dump several times and about HF and ............ long list
sure you are a roger or jihan Weld
core are not better than cash team but away from them with years
hope bcash team gonna fix the malleability which SW do

Just dropped by to see the crazy crowd. Yes, all here, nothing changed in years, only that the crazies started using new acronyms ) Guess time does not cure that.

Please continue.

Yes, and Im sure that the Reserve Bank "development team" is a lot better funded than both of them put together..

Having lots of money to spend does *not equal "coming up with a better product".  
In fact, it usually means the *opposite, since people with lots of money are usually engaged in plans to get even *more of it.

And that means they are focused on developing products that will firstly benefit *them with profit,
while "usefulness to others" is a secondary objective to convince people to buy it..  
How many big companies do you know that are altruistic and anti-mainstream-finance ?
You think Jihan Wu is pushing his wheelbarrow for everyone else's benefit ?

And your "mining profitability" argument is twaddle too...   maybe while the difficulty is low, a few non-Bitmain miners will support bcc for a little while until the difficulty increases.. then they will look at which way the price of bcc vs btc is going, and how much sense it makes to mine a coin that has nothing to recommend it and no significant points of difference,

(except 8mb blocks, which nobody has yet proved will do anything beneficial for the network except allow miners to scoop up more transaction fees per block and *may involve significant security risks..  tell me how Bcc is going after its survived 5 years of network attacks, and I might start to have some confidence in it).

Sooner or later, they will add up whether it makes more sense to mine a coin that is far more likely to fail, and is presently dropping in value..

But there's no point arguing with you, From past experience, I know that anytime someone debunks one of your loads of crap, you just ignore it and start a new thread crying doom about the next thing.

And what is it going to change?

The price is determined at exchanges, while traders don't particularly care about how long it takes for transactions to confirm and how much people have to pay as fees. Even if half of all the miners all of a sudden switch to mining Bitcoin Cash will it help its price, and if it will, how exactly, i.e. by what means? The mining difficulty of all shit coins is next to nothing but that alone is certainly not enough to magically resurrect them and keep alive. Really, if no one is going to use BCC, what is the purpose of all that hashing power accumulated by miners that would amount to mining almost empty blocks?

tomorrow 150$. See.

This has nothing to do with being a fan of one or the other, only with incentives and money.
You can't deny the Cash team is several orders of magnitude better funded than the Core team.
The other big factor is mining profitability, which will give miners huge incentive to mine Cash instead of Core.
Of course the difficulty of Core also adjusts but only if there is enough mining power left to find blocks in the first place, which i very much doubt. The incentive to switch is equal for all miners.

Ah Kwukkie..

Werent you boosting Ethereum as the new golden boy last week ?   And something else before that ?

You do realise that nobody believes a word you say ?  because you will say *anything, as long as it is anti-bitcoin.

Hows that "$180 next week !" prediction you (and your "analysis team") made (back when we first encountered each other here) going for you ?
Still got your buy orders set at $9 in hope of "buying back lower" when you sold out at $10 ?

How could bitcoin network won't survive that long? Stated miners will left bitcoin network because bcash team have enormous wealth?
I really doubt about that.
Who are them? big Bitcoin investors and infrastructure. even miners who mining bcash just a few pool and mostly unknown https://cash.coin.dance/blocks
Well, many people still hold bcash expect for it rise again, and if you're right about bcash team and miners will support it, the outcome on November will be the same, people more likely to cash out this free money. I would like to cash out if bcash reach over $1000 again.
Waiting for your prediction.

At least you admit you're no expert.

BTC doesn't adjust difficulty? Of course it does.

How do you think the mining rate has stayed close to 10 minutes per block despite the continued increase in hashing power?

When the difficulty of the AltcoinCore network falls far enough to steal mining power from the Bitcoin network, both networks' difficulties will adjust accordingly, BCH's difficulty will rise while BTC's will fall. Eventually both networks will mine blocks every 10 minutes or so.
________

When I first read Cashodler's posts, I thought he might be a Kwukduck sock puppet.

Then when read this thread, I thought you might be also.

If so, sorry to interrupt your little 3-way anti-Bitcoin circle jerk conversation with yourself.

I have to agree, selling BCC is incredibly short-sighted. I suppose I can't blame anyone. The mainstream attitude is that BCC is "free cash" to acquire more BTC or alt coins. It makes a lot sense to sell it before the market is flooded with supply too, so I can't blame them for that. I would have bought back into BCC after selling but at this point people think this coin is going to die or become valueless even though it's still in the top 5 of market cap. Right now BTC is at a ATH and alts are up too because of the "free cash" but this will dry up when the BCC runs dry and the flow of money ends.

Many pro-BTC people are saying that BTC mining is still more profitable than BCC. I'm no expert in this field but the counter argument is that BCC can adjust difficulty whereas BTC (segwit or segwit2x) will not have this key feature unless they HF and implement it. Also it has been alluded that if big blockers suddenly switch to mining for BCC, that will be enough to grind BTC transactions to a halt and as I mentioned earlier, BTC has no difficulty adjustment like BCC so it would be in trouble.

I think unless you sold every BCC you got by an air-drop, you will be fine no matter what happens and with profit and that applies to everyone. Selling all BCC is short-sighted if BCC taking over really happens, most people would actually lose all their money. I usually laugh at those people who spam dumping on twitter and here on this forum full of clowns.

I can't think of a single reason why miners wouldn't switch en masse to the BCC chain, mining is a selfish business, they go where there is profit to be made.
Unless Bitcoin reaches like $8.000 within 6 days it will be more profitable to switch.

If nothing happens between now and end of November and BCC remains at around 0.06BTC or less I will probably abandon the belief that BCC is taking the crown. At that point I will just find solace in the fact that BCC will just be analogous to ETC and will still go up in value, just not as much.

I don't mean to spread FUD. I am merely speculating and trying to make money from it. Next week I plan to take a position in BCC/BCH. I personally don't believe most of our opinions will matter in what happens. In the end, the miners will decide what happens with Bitcoin. If BTC does well and goes up to 10k, I can see BCC trailing it at 1k so no matter which way it goes it will work out for me I think.

This has nothing to do with SegWit(2x) and everything with BCCs mining difficulty and enormously well funded team behind it.
Only a hand full of miners will be left to mine the original bitcoin blockchain for ideological reasons, the rest will switch to BCC chain to gain the most profit. Causing network stagnation well before November.

It actually might, there will be a lot of FUD about the "2x" part of Segwit2x that is never going to be accepted (look what Bitcoin Core developer luke-jr said at reddit.com/r/btc), even though miners agreed to implement it. Then will be the right time to transition. Currenly I have some BCC hedge in case it happens really soon and in September will be ready to transform everything, currenly providing loans in BTC for margin traders.

Sorry but the bitcoin network is unlikely to survive that long.

I like this FUD. But I think it won't happen until November. Bitcoin Legacy will then become the past.

Why not start referring to the current bitcoin Bitcoin Legacy? Name full of respect for this historic currency that became the foundation for the new, true peer-to-peer currency, called Bitcoin Cash.

I don't really like those Bitcoin Core AXA bankster developers that try to undermine Bitcoin Cash by calling it Bcash creating fake twitter and subreddits, well, you can fork Bitcoin Cash and call it BCash, but until then, no one cares. Pathetic creatures those Core fanatics.