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Topic: BCC/BCH (Bitcoin cash) (Read 1391 times)

sr. member
Activity: 454
Merit: 251
August 25, 2017, 03:08:10 AM
#33
Is there a safe BCH core wallet? There is no official wallet or is there?

I think the official full node implementation is Bitcoin ABC: https://www.bitcoinabc.org/

There is also an Electrum clone called Electron Cash: www.electroncash.org/
And a web wallet from BTC.com: https://bcc-wallet.btc.com/

I'm not sure if BTC.com's wallet is a straight up web wallet, or if they are like blockchain.info, where they can't control your private keys.
sr. member
Activity: 503
Merit: 286
August 25, 2017, 03:04:20 AM
#32
Transaction fees for bitcoin cash are much lower than bitcoin:
https://bitinfocharts.com/comparison/transactionfees-btc-bch.html#3m

So this is a big advantage?

hero member
Activity: 697
Merit: 520
August 24, 2017, 05:34:06 PM
#31
I don't really see anything positive with this coin though i might be wrong in the long run. Bch for me will never be as successful as bitcoin or even etherium and i sold the bccs i received for free days after i got it. Well i got quite a good amount with that though.

Well, it's not so different from Ethereum's centralized structure. Look at the split between ETH and ETC. Vitalik and the Foundation said they were hard forking to bail out the DAO, 99% of miners agreed, and so basically the entire ecosystem followed.

That's not as easy to sell for BTC, which is more decentralized and doesn't have a figurehead like Vitalik to prod the vast majority of users into action. Core might be in such a position, but clearly they won't push contentious consensus changes.

So the difference here is that the BTC mining cartel (mainly Bitmain) doesn't have the Core developers on their side.
member
Activity: 75
Merit: 100
August 24, 2017, 12:01:22 PM
#30
I see quite a lot of people invest in it with big a money and quite a lot of people are attracted to invest in it.
 But i think it has no future because it form ponzi I do not have enough confidence.
sr. member
Activity: 658
Merit: 282
August 24, 2017, 12:00:27 PM
#29
At this time bitcoin cash miners can't find a block even if their life depended on it, it's been 4 hours since the last block and due to the shitty difficulty retarget bch has it will take years to readjust. I consider it a dead coin.

If the code was duplicated from bitcoin, why are there such problems with difficulty retargeting, and shouldn't it automatically correct within a few days, if not shorter?

There isn´t a real problem with EDA (difficulty adjustment). The problem is that miners are able to take advantage of this mechanism.

1. Use their hashrate elsewhere
2. The difficulty adjustment is activated, which makes mining more profitable
3. Many miners switch to the now hugely profitable BCH chain
4. Due to the influx of hashrate the difficulty skyrockets
5. Miners switch and use their hashrate elsewhere
6. The difficulty adjustment is activated, which makes mining more profitable
...

This cycle will probably continue for quite some time as long as BCH price
is not too low.

But what can you really do, it was to be expected that most miners would always mine
the more profitable chain  Wink
member
Activity: 101
Merit: 10
August 24, 2017, 11:52:07 AM
#28
BCC is official ticker for BItconnect.
People often mistake it as BCH.
We dont know why still BCH is termed as BCC even in their official site.
sr. member
Activity: 503
Merit: 286
August 24, 2017, 11:08:55 AM
#27
At this time bitcoin cash miners can't find a block even if their life depended on it, it's been 4 hours since the last block and due to the shitty difficulty retarget bch has it will take years to readjust. I consider it a dead coin.

If the code was duplicated from bitcoin, why are there such problems with difficulty retargeting, and shouldn't it automatically correct within a few days, if not shorter?
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
August 24, 2017, 11:04:37 AM
#26
I don't really see anything positive with this coin though i might be wrong in the long run. Bch for me will never be as successful as bitcoin or even etherium and i sold the bccs i received for free days after i got it. Well i got quite a good amount with that though.
member
Activity: 89
Merit: 10
August 24, 2017, 10:15:39 AM
#25
Is there a safe BCH core wallet? There is no official wallet or is there?
full member
Activity: 539
Merit: 100
BIB Exchange
August 24, 2017, 04:43:43 AM
#24
 Grin both of them have future... but bcc seem to be good than btc. miner like btc because high fee but they really need to think about future of coin..
copper member
Activity: 463
Merit: 251
August 24, 2017, 04:36:57 AM
#23
Actually when Bitcoin Cash pumping or dumping its very difficult to predict i think.But most of the time its pumping something if now BCH is dumping current value $658 in https://coinmarketcap.com 1.55% dumping still now and this coin keep MEW.
full member
Activity: 872
Merit: 120
August 24, 2017, 03:22:26 AM
#22
Two months folks, and we will have equal BTC and BCH.

24 hours BTC was more profitable to be mined, now again BCH is more profitable, after 7 days my guess it will be twice as profitable to mine it and the miners will switch again to it, but this time, not only 44%, I suspect 70% to mine BCH in one week.

Meanwhile, the transaction fee and speed of our beloved BTC will only increase. Two month and the big pools(along with their merchants), will not only mine it, they will use it.
hero member
Activity: 697
Merit: 520
August 24, 2017, 03:22:10 AM
#21
BCC/BCH (Bitcoin cash), Sometimes its pumping and sometimes it dumping!!

Has it any official wallet?
and how will its future?

Nope, i think bitcoin cash will not have their official wallet (correct if i'm wrong).

I think the official wallet is "Bitcoin ABC" (aka Bitcoin Asic-Boost-Compatible). There is also a lightweight client based on Electrum called "Electron Cash."

I think it is a coin that is considered important by only miners and traders. I can't find any reason to invest in bitcoin cash long term.

It's basically sponsored by Bitmain, and to a lesser extent companies like Bitpay and investors like Roger Ver. It could have a future based purely on their ability to market and manipulate the markets, but it's anyone's guess what will happen in the long term. I will admit that Bitcoin Cash has already gone way further than I expected it to. I thought it would be dead on arrival.
full member
Activity: 124
Merit: 100
August 24, 2017, 03:12:20 AM
#20
BCASH is better than bitcoin ...
sr. member
Activity: 430
Merit: 250
August 24, 2017, 03:07:52 AM
#19
BCC/BCH (Bitcoin cash), Sometimes its pumping and sometimes it dumping!!

Has it any official wallet?
and how will its future?

Nope, i think bitcoin cash will not have their official wallet (correct if i'm wrong). Bitcoin cash is like another altcoin and i'm not quite sure about the future though, yes the bitcoin cash price is high right now but i'm pretty sure the price will go down again soon. Pumping and dumping is normal on altcoin like bitcoincash.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
August 24, 2017, 02:22:25 AM
#18
I think it is a coin that is considered important by only miners and traders. I can't find any reason to invest in bitcoin cash long term.
sr. member
Activity: 251
Merit: 257
August 24, 2017, 02:10:28 AM
#17
I dumped it as fast as I could export my private keys, believe it was at 0.109 or there about, should've kept it bit longer in hindsight, but hey it's free money, lost nothing.

Well, there is always opportunity cost. Tongue

I may not think Bitcoin Cash is worth using, but there are powerful forces backing it. I was tempted to dump in the .06-07 range, because it looked like it would die. But now, anything can happen. I could sell at 0.5 or even parity. If any altcoin will get pumped, it's this one.
member
Activity: 63
Merit: 10
August 24, 2017, 02:08:13 AM
#16
When the tide raises all boats float – if the fundamentals of a coin are strong you will not lose money in long term and will do better than with traditional investment vehicles. Most of the time the anxiety is unnecessary.
sr. member
Activity: 454
Merit: 251
August 24, 2017, 02:04:08 AM
#15
BCC/BCH (Bitcoin cash), Sometimes its pumping and sometimes it dumping!!

Has it any official wallet?
and how will its future?

Bitcoin ABC (full node), Electron Cash (lite node), BTC.com (web wallet). As for its future, I don't have the highest expectations. I don't think there is much demand for 8MB blocks (and no Lightning Network/Segwit). It's probably good for some trading volatility, but long term, I think the legacy/Segwit chain will prevail.
hero member
Activity: 798
Merit: 506
August 24, 2017, 01:52:55 AM
#14
So unlucky with me i bought BCH at 0.13 and sell it at 0.09 because i was thinking that become a dead coins already when it come down to 0.07 im so scared that i would lose all my btc so i sold it in a lower price then now the price goes up again and i regret that im such a weak hands im not planing to hold it but i just want to recover my btc but for me BCH is too slow to transact its too bad for this coin

Lol Grin Grin, that's the problem when you are going into trading activity, always feels anxious or worrying whenever its price decline.
Well, every coin has it own advantages and ever reach certain all time high, especially for bitcoin cash that has good potential with 8Mb and ever reached over $1000, it will rebound after fall down obviously. More hash rate support bch because it's more profitable and so on. No need to worry if you can hold for a month, but feel anxious every day in a month is a bad thing Grin
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