BCH chain is now longer than BTC chain!!!

four3200

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Quote from: CarlOrff on August 23, 2017, 03:33:27 AM

Quote from: RawDog on August 22, 2017, 09:47:11 AM

Block 481615!!! Bitcoin Cash is now the longest chain!! Bitcoin Cash IS Bitcoin!

This is not an information.
This difference is only because the ratio hashrate/difficulties are differents in the two blockchains.
Bitcoin with a high difficulty and low hashrate for this difficulty level is late in his blockchain (1 block every 17 mn instead 10 mn).
Synchronisation and stabilisation are on the way for the nexts weeks.

Came here to say the same > the ratio hashrate/difficulties < one of the large pools pulled 1000PH/s onto bch chain, and basically rape mined the chain, this be fixed with better gravity well code, featured in ALL shitcoins since 2014, guess the BCH guys didn't know that OR they do and know major $$$ can be extracted if you control big PH/s.

CarlOrff

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Quote from: RawDog on August 22, 2017, 09:47:11 AM

Block 481615!!! Bitcoin Cash is now the longest chain!! Bitcoin Cash IS Bitcoin!

This is not an information.
This difference is only because the ratio hashrate/difficulties are differents in the two blockchains.
Bitcoin with a high difficulty and low hashrate for this difficulty level is late in his blockchain (1 block every 17 mn instead 10 mn).
Synchronisation and stabilisation are on the way for the nexts weeks.

alyssa85

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Quote from: erre on August 22, 2017, 12:09:32 PM

Is not segwit a solution for the high fees?

In theory. But in practice I'm not sure people know how to use it. We shall find out this week if it helps or not.

n4poleon

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that's cute, no. because the criteria for comparing chains is the valid longest cumulative difficulty, not longest number of blocks.

illinest

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Quote from: SmallCapCoins on August 22, 2017, 08:39:49 PM

Bitcoin cash might be the best competitor to BTC right now. I think it still has possibility to become the dominant coin.

Seems doubtful, but I always notice that the consensus opinion is usually wrong in markets. When everyone expects one outcome, the opposite often happens. So I do worry a bit that Bitcoin Cash may blow away everyone's expectations, since most people think it will fail. I think there is a small possibility that it could become the "real" bitcoin.

As for the "longest chain" talk... that's easy when the difficulty dropped so much initially.

SmallCapCoins

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Bitcoin cash might be the best competitor to BTC right now. I think it still has possibility to become the dominant coin.

shield132

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Quote from: RawDog on August 22, 2017, 10:05:09 AM

Quote from: layoutph on August 22, 2017, 10:01:40 AM

Failed lols. Why so many people love Bitcoin Cash? Are they paid by Roger Ver to make hype? I can't see whats the use of Bitcoin Cash if we have Bitcoin (BTC)?

BTC is an alt that doesn't agree with the Satoshi White Paper. It is a radical departure from the system Satoshi defined. Bitcoin Cash very nearly agrees with the white paper.

Why do we need it? Well, it doesn't have 67,000 stuck transactions and high fees like BTC does. That is two reasons. Want more?

I agree you, despite the fact of how much I love bitcoin, it's not what satoshi wanted to be and I wanted also. It's used for drugs and for black jobs, people don't use bitcoin as an one way of escape, they use it for money laundering and etc. Only goos it has now is it's price, on another hand transaction confirmation times and fees really sucks and aren't fair, also miners want to get much btc from btc users.
Still don't have hope of new bitcoin alt. Because everything new is good and crypto isn't new at this time, so it won't be good.

Tesorex

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The numbers of shills is increasing, some motherfucker is spending some serious cash, if you take them by their ass they'll ask for more, this is the kind of people they are. No one even asks if it's Bitcoin then what will happen to BCC, AFAIK we can't have a coin with two names/tickers.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: xskl0 on August 22, 2017, 12:08:17 PM

Quote from: 25hashcoin on August 22, 2017, 11:35:19 AM

Bitcoin Cash is de facto Bitcoin likely within 24 hours! Buy cheap Bitcoin Cash and celebrate!

Totally agree

The reason this altcoin trades so high compared to other altcoins is exactly this hope for it becoming bitcoin one day. It's name including the word bitcoin is giving it +50% value by itself. Buy now and watch it go down once the hopes of it getting more acceptance than the real BTC die Wink

25hashcoin

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Quote from: layoutph on August 22, 2017, 10:01:40 AM

Failed lols. Why so many people love Bitcoin Cash? Are they paid by Roger Ver to make hype? I can't see whats the use of Bitcoin Cash if we have Bitcoin (BTC)?

I can tell you don't actually use bitcoin to transact!

HTracer

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China miners moonlight. Well, they have option to fall back to bitcoin after skimming profit.

yura888

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Dude surely decided to joke.Especially I think another couple of days and all again will go to the mining bitcoin.

yoseph

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Quote from: layoutph on August 22, 2017, 10:01:40 AM

Failed lols. Why so many people love Bitcoin Cash? Are they paid by Roger Ver to make hype? I can't see whats the use of Bitcoin Cash if we have Bitcoin (BTC)?

I think the frenzy is because mining that specific cryptocurrency is very profitable at the moment, All the supposed hype is going to die down once miners realises that mining the said currency is unprofitable anymore. I am perfectly sure that people are being paid to hype the currency at this forum and it seems they are being paid very considering what they are touting.

allohha

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Quote from: ivanst776 on August 22, 2017, 02:36:18 PM

Quote from: RawDog on August 22, 2017, 09:47:11 AM

Block 481615!!! Bitcoin Cash is now the longest chain!! Bitcoin Cash IS Bitcoin!

Well bitcoin is too long too but bitcoin cash is getting attention to lots of people and I think this caused those to make lots of transaction and start mining BCC

The fact that most users still use cash and translate at the same time Bitcoin, the same will be the fate of expecting a double. I'm interested in another question today, and this concerns the fact that this fall is expected by another split. I do not know what to expect in this situation.

ivanst776

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Quote from: RawDog on August 22, 2017, 09:47:11 AM

Block 481615!!! Bitcoin Cash is now the longest chain!! Bitcoin Cash IS Bitcoin!

Well bitcoin is too long too but bitcoin cash is getting attention to lots of people and I think this caused those to make lots of transaction and start mining BCC.

This can be considered as a free money that it's very easy to redeem and very easy to spend and increase the total amount of money in savings.

illinest

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Quote from: RawDog on August 22, 2017, 10:06:51 AM

Quote from: odolvlobo on August 22, 2017, 10:05:04 AM

Quote from: RawDog on August 22, 2017, 09:47:11 AM

Block 481615!!! Bitcoin Cash is now the longest chain!! Bitcoin Cash IS Bitcoin!

The "longest chain" is measured in blocks weighted by difficulty. There are several chains with more blocks than Bitcoin.

But those chains don't have a common genesis block and fork with the other prong. Long chain is unimportant. Longest chain after a fork with the shared history is everything.

This weighted by difficulty is bullshit. Where does it say that? That might be what it should say. But that is not what it says.

Bitcoin Cash isn't compatible with the Bitcoin genesis block because it's a hard fork. I don't see how this is different than other altcoins which have "longer chains" at much lower difficulty. It's very easy to mine BCH blocks, compared to BTC.

RawDog

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Quote from: erre on August 22, 2017, 12:09:32 PM

Is not segwit a solution for the high fees?

lol

Well, how is that working for you? Try to send a transaction on SegWit2X right now and tell me about your low fees. lol. Some morons are never going to get it.

IIOII

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