Author

Topic: Be worried about BCH? (Read 191 times)

legendary
Activity: 1582
Merit: 1059
February 26, 2018, 10:51:04 AM
#14
i wish OP was clearer but my guess is that he is talking about the "talk about increasing BCH block size to 32 MB or something in that ballpark. and so far as i know it was all a proposal and it has nothing to do with its price. the price of BCH like many other altcoins is controlled by pump and dumps and how many fools invest in it.
A base-block size increase to 32 Mb doesn't make sense when the average block doesn't surpass just 1 Mb. Is Roger Ver really expecting Bitcoin Cash's popularity to multiply with at least 8? That sounds really insane if you ask me.

I actually heard about that, and yes, they seem to want to increase the blocksize to 32mb, as crazy as it sounds. I guess they want to create a complete centralized coin, let's see how it works for them. I don't really like the idea, and I don't hold any bcash coins at the moment. From an investment point of view, it might actually work out. They need to do it before lightning network gets deployed though, because if they don't, I really think it will almost be game over to them, because the current advantage they have (that is not even that evident anymore, since bitcoin fees have decreased a lot) will be gone.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
February 26, 2018, 10:14:26 AM
#13
i wish OP was clearer but my guess is that he is talking about the "talk about increasing BCH block size to 32 MB or something in that ballpark. and so far as i know it was all a proposal and it has nothing to do with its price. the price of BCH like many other altcoins is controlled by pump and dumps and how many fools invest in it.
A base-block size increase to 32 Mb doesn't make sense when the average block doesn't surpass just 1 Mb. Is Roger Ver really expecting Bitcoin Cash's popularity to multiply with at least 8? That sounds really insane if you ask me.

That is because it's the only thing his developers know how to do. Right after the fork they were talking about going to 16Mb, so it is his logic that 32Mb is twice as good.

I just checked on https://blockchair.com/ and Bitcoin is currently processing 2.85 Tx/s and BTrash is 0.20 Tx/s. Pretty unlikely it will need scaling ever.
newbie
Activity: 88
Merit: 0
February 26, 2018, 10:07:15 AM
#12
Sometimes you got to listen to your instinct and do as it says. You cant judge the crypto and cannot make a definite pattern with it you dont know what will be its next move.

But if your instinct says that you quit. Then its better for you to quit.

If i was in your place I would have done what my instinct told me to do. Be Sharp and Be very Careful while dealing with crypto.
newbie
Activity: 8
Merit: 0
February 26, 2018, 09:55:12 AM
#11
For some  of us who have invested in BitcoinCash - BCH? should we be worried considering the recent news of it going lower and the changes in its blocks?

thoughts?

I think if the Bitcoin hard fork again to change the PoW as suggested by Cobra, then some people might move to Bitcoin Cash. So it could be a hedge against the fall of Bitcoin.
member
Activity: 266
Merit: 13
February 26, 2018, 09:54:48 AM
#10
i wish OP was clearer but my guess is that he is talking about the "talk about increasing BCH block size to 32 MB or something in that ballpark. and so far as i know it was all a proposal and it has nothing to do with its price. the price of BCH like many other altcoins is controlled by pump and dumps and how many fools invest in it.
A base-block size increase to 32 Mb doesn't make sense when the average block doesn't surpass just 1 Mb. Is Roger Ver really expecting Bitcoin Cash's popularity to multiply with at least 8? That sounds really insane if you ask me.

Daft isn't it?  The point of Bitcoin Cash is show it can adapt to change.  
hero member
Activity: 1470
Merit: 655
February 26, 2018, 09:53:24 AM
#9
i wish OP was clearer but my guess is that he is talking about the "talk about increasing BCH block size to 32 MB or something in that ballpark. and so far as i know it was all a proposal and it has nothing to do with its price. the price of BCH like many other altcoins is controlled by pump and dumps and how many fools invest in it.
A base-block size increase to 32 Mb doesn't make sense when the average block doesn't surpass just 1 Mb. Is Roger Ver really expecting Bitcoin Cash's popularity to multiply with at least 8? That sounds really insane if you ask me.

as i said, as far as i know it was a proposal and not something that were planned or set in stone.
by the way it doesn't have to make sense to us. BCH guys philosophy is that users should not run full nodes. they all should rely on third parties to run a node for them and they use their services while only centralized entities run data servers with nodes on them.
legendary
Activity: 1904
Merit: 1074
February 26, 2018, 09:49:03 AM
#8
I am going to pull a RawDog on you.  Wink .... Be afraid, be very afraid.... Bitcoin is going to kill Bitcoin Cash soon. It is definitely the

end of Bitcoin Cash and people should get out as soon as possible. Bitcoin {BTC} will be the only coin that would survive in the

long run. {Disclaimer : This is only a  Tongue post to mess with RawDog our most loyal forum Troll.} I still own most of my FREE BCrash, so

I hope I can cash out {excuse the pun} ...before it collapse.  Wink
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
February 26, 2018, 09:45:34 AM
#7
There is something very bizarre in the word combination "Investing" and "BitcoinCash"  Lips sealed
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 26, 2018, 09:42:01 AM
#6
I woulddn't hold it. But that's me. In crypto you will need to get used to making your own choices.
sr. member
Activity: 518
Merit: 268
February 26, 2018, 09:37:03 AM
#5
i wish OP was clearer but my guess is that he is talking about the "talk about increasing BCH block size to 32 MB or something in that ballpark. and so far as i know it was all a proposal and it has nothing to do with its price. the price of BCH like many other altcoins is controlled by pump and dumps and how many fools invest in it.
A base-block size increase to 32 Mb doesn't make sense when the average block doesn't surpass just 1 Mb. Is Roger Ver really expecting Bitcoin Cash's popularity to multiply with at least 8? That sounds really insane if you ask me.
hero member
Activity: 1470
Merit: 655
February 26, 2018, 09:21:21 AM
#4
i wish OP was clearer but my guess is that he is talking about the "talk about increasing BCH block size to 32 MB or something in that ballpark. and so far as i know it was all a proposal and it has nothing to do with its price. the price of BCH like many other altcoins is controlled by pump and dumps and how many fools invest in it.
full member
Activity: 504
Merit: 102
February 26, 2018, 09:04:17 AM
#3
For some  of us who have invested in BitcoinCash - BCH? should we be worried considering the recent news of it going lower and the changes in its blocks?

thoughts?

I have never seen any news like that. But somehow I know that BCH will be in the run with Bitcoin and it will not easily go down.
sr. member
Activity: 518
Merit: 268
February 26, 2018, 08:41:18 AM
#2
Give use some reference to the news you are talking about? I personally have no idea what you're talking about and therefore can't give you my vision.
member
Activity: 512
Merit: 33
The Quest of the Best Information to the Solution
February 26, 2018, 08:30:42 AM
#1
For some  of us who have invested in BitcoinCash - BCH? should we be worried considering the recent news of it going lower and the changes in its blocks?

thoughts?
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