Topic: Bitcoin Cash trading well. Bitcoin's future uncertain. (Read 1372 times)
Holding fiat right now is risky
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LOL. This just made me laugh.
I personally have no opinion on this matter as I've put all my BTC into USD until shit settles down. I support whatever happens because I just play this market for the profits
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I wouldn't go so far as to say that we are facing some danger and collapse because of permanent BTC split. Stop panic!
In the best case scenario, BCC would follow Ethereum Classic footsteps, it will be mined by Bitmain and will forever be worth 1% or original BTC price.
I understand why all the same low forecasts from Bitcoin users about crypto currency. It seems to me that Ether will occupy only its niche and will not compete with Bitcoin. In the best case scenario, BCC would follow Ethereum Classic footsteps, it will be mined by Bitmain and will forever be worth 1% or original BTC price.
kwukduck back, means we should expect another ATH very soon
Hahaha...I hope so!
Now that Bitcoin Cash has hit some of the exchanges already we can see how much demand there is for Bitcoin Cash. The value shot up to $400 dollar already! It will be a matter of weeks before it's on par with the crashing Bitcoin.
And you believe this to happen? Even the BCC that is being traded, where do they get it from since the fork is yet to happen? They get to keep it on the exchange sites, what if the fork did eventually not happen or it happened and the splits into 2 but the adopted one in addition to the real bitcoin is not BCC what do you think will happen then. I dont have anything against bitcoin and we will come to adopt it if its the potent offshoot of bitcoin but not before the split before I move in a particular direction.
All of this bashing and he didn't even replied once about all of it?
Guess this was all just fake news and just started to somehow make a little bump about their supported coin.
Just don't make the bitcoin world so complex with this kind of things.
It is already in chaos with all the panics that is happening and now adding this one.
Just like what happened with BU. Pfft.
Guess this was all just fake news and just started to somehow make a little bump about their supported coin.
Just don't make the bitcoin world so complex with this kind of things.
It is already in chaos with all the panics that is happening and now adding this one.
Just like what happened with BU. Pfft.
Hey if BCC trades at 0.15 BTC I will be happy! That is like a 15% bonus for all Bitcoin holders 
No it isn't. Most of BCC's price will not be new money moving into cryptocurrency, it will be money moving out of BTC and into BCC. A bonus for BTC holders would just be the price rising by 15%.I consider it more likely that the BCC price will be extremely low after the split because a lot of Bitcoin holders will dump their coins and there won't be a lot of liquidity. In the long term though, who knows what could happen.
A legendary member with 1700 activity and thinking there is real demand for bitcoin cash garbage. Really interesting for you if you're not seeing it's being pumped intentionally.
It can't be being pumped. It doesn't exist yet.Bitcoin won't divide and will stay as BTC!
It can divide very easily. Division over various issues, as well as unnecessary hype, is what has caused the rise of many altcoins as well.
I wouldn't go so far as to say that we are facing some danger and collapse because of permanent BTC split. Stop panic!
In the best case scenario, BCC would follow Ethereum Classic footsteps, it will be mined by Bitmain and will forever be worth 1% or original BTC price.
In the best case scenario, BCC would follow Ethereum Classic footsteps, it will be mined by Bitmain and will forever be worth 1% or original BTC price.
It's still a fake bitcoin.
The only real one is bitcoin unlimited infinity classic pwnzor plus with a 320tb block size.
The only real one is bitcoin unlimited infinity classic pwnzor plus with a 320tb block size.
no. the real bitcoin is not bitcoin unlimited, nor bitcoin classic, not bitcoin xt, nor bitcoin cash, nor any other names they will come up with in the future.
the real bitcoin is what the majority of the network accepts as bitcoin with certain consensus rules and the minority (meaning the handful of public figures trying the takeover) need to accept it and respect the majority even if they think they are wrong.
This was pure humour mate
!Anyway, you need to make a distinction about what the majority is. If for you the majority means the miners, we are in a very bad situation, since there is near a monopoly on the ASICs production, and the only producer, that probably has thousand of units waiting to jump on Bitcoin
the majority is the combination of miners, developers, nodes, all the people owning any bitcoin, all the businesses that are working with bitcoin, all the service providers such as wallets, etc. and all of these are with bitcoin not bitcash or any alternative.
and as a matter of fact miners are not interested in a forked altcoin. there is only ViaBTC which also has the coin listed on their self made exchange. even bitmain said ViaBTC is on their own and they are honoring the NYA with SegWit2x.
and the miner's ASIC production is not free.
their electricity is not free either.
their taxes are not zero either
the employee payments are not zero either
the contracts they have to be able to mine are not free either.
and all this needs a profitable operation on bitcoin with high price not an alternative chain with tokens worth $100 and falling.
Yeah, in fact it is not free, but currently the situation is that Bitmain announced its intention to fork. And what is sure is that they have a big stock of money and ASICs already ready to mine. They probably have hundreds of thousand of Antminer S10 that will be used to mine their BCC.
The price of BCC is still low, but I think what they except is to profit from this, accumulate, and with the game of "I have more hashrate than you", makes BCC the main chain in term of hashrate.
My theory has a lot of "if" but still this is probably, but I frankly hope not.
It's still a fake bitcoin.
The only real one is bitcoin unlimited infinity classic pwnzor plus with a 320tb block size.
The only real one is bitcoin unlimited infinity classic pwnzor plus with a 320tb block size.
no. the real bitcoin is not bitcoin unlimited, nor bitcoin classic, not bitcoin xt, nor bitcoin cash, nor any other names they will come up with in the future.
the real bitcoin is what the majority of the network accepts as bitcoin with certain consensus rules and the minority (meaning the handful of public figures trying the takeover) need to accept it and respect the majority even if they think they are wrong.
This was pure humour mate
!Anyway, you need to make a distinction about what the majority is. If for you the majority means the miners, we are in a very bad situation, since there is near a monopoly on the ASICs production, and the only producer, that probably has thousand of units waiting to jump on Bitcoin
the majority is the combination of miners, developers, nodes, all the people owning any bitcoin, all the businesses that are working with bitcoin, all the service providers such as wallets, etc. and all of these are with bitcoin not bitcash or any alternative.
and as a matter of fact miners are not interested in a forked altcoin. there is only ViaBTC which also has the coin listed on their self made exchange. even bitmain said ViaBTC is on their own and they are honoring the NYA with SegWit2x.
and the miner's ASIC production is not free.
their electricity is not free either.
their taxes are not zero either
the employee payments are not zero either
the contracts they have to be able to mine are not free either.
and all this needs a profitable operation on bitcoin with high price not an alternative chain with tokens worth $100 and falling.
It's still a fake bitcoin.
The only real one is bitcoin unlimited infinity classic pwnzor plus with a 320tb block size.
The only real one is bitcoin unlimited infinity classic pwnzor plus with a 320tb block size.
no. the real bitcoin is not bitcoin unlimited, nor bitcoin classic, not bitcoin xt, nor bitcoin cash, nor any other names they will come up with in the future.
the real bitcoin is what the majority of the network accepts as bitcoin with certain consensus rules and the minority (meaning the handful of public figures trying the takeover) need to accept it and respect the majority even if they think they are wrong.
This was pure humour mate
!Anyway, you need to make a distinction about what the majority is. If for you the majority means the miners, we are in a very bad situation, since there is near a monopoly on the ASICs production, and the only producer, that probably has thousand of units waiting to jump on Bitcoin
As users were insisted to keep hold of their valuable bitcoins in a secure manner in desktop or some hardware wallets based on the upcoming splitting, more users just because of panic has started to cash out their holdings. This created a sudden increase in the trading volume creating a big price increase from the value below $2000 towards $2800. I have been keeping hold of bitcoins in the wallet and expecting a good result on August 1.
Never change kwukduck, never change.
I wonder if we'll see any replay attacks. For BTC transactions replay protection requires a special OP_RETURN output, for BCC transaction there seems to be a replay protection in place but I'm not sure whether that's actually enabled by default. Makes me wary of trying to dump my BCC once the fork has been done. Has anyone downloaded the Bitcoin ABC wallet so far?
I wonder if we'll see any replay attacks. For BTC transactions replay protection requires a special OP_RETURN output, for BCC transaction there seems to be a replay protection in place but I'm not sure whether that's actually enabled by default. Makes me wary of trying to dump my BCC once the fork has been done. Has anyone downloaded the Bitcoin ABC wallet so far?
It's still a fake bitcoin.
The only real one is bitcoin unlimited infinity classic pwnzor plus with a 320tb block size.
The only real one is bitcoin unlimited infinity classic pwnzor plus with a 320tb block size.
no. the real bitcoin is not bitcoin unlimited, nor bitcoin classic, not bitcoin xt, nor bitcoin cash, nor any other names they will come up with in the future.
the real bitcoin is what the majority of the network accepts as bitcoin with certain consensus rules and the minority (meaning the handful of public figures trying the takeover) need to accept it and respect the majority even if they think they are wrong.
Now that Bitcoin Cash has hit some of the exchanges already we can see how much demand there is for Bitcoin Cash. The value shot up to $400 dollar already! It will be a matter of weeks before it's on par with the crashing Bitcoin.
The comedy god from the FUD camp is back with Bitcoin Cash. This was pretty funny considering that the price has crashed right when Bitcoin Cash has getting any traction in the media-propaganda machines controlled mostly by department of Verconomics.
Thankfully Cash will be dead soon and we all can pick up some easy BTC.
Hopefully I had not seen the poster name before, but this is kwukduck a.k.a. FUD master. So nothing to take seriously.
I agree with you, this is a good opportunity to dump this shit and increase our holdings.
kwukduck back, means we should expect another ATH very soon
Hey if BCC trades at 0.15 BTC I will be happy! That is like a 15% bonus for all Bitcoin holders
I just hope that they sort out a good replay protection, I remember that Poloniex would split ETH/ETC deposits automaticalls for you, if you depsoited a pre-fork Ether with them.
Why can't all exchanges do that, then we can all dump the side of the fork we don't want or back.
I just hope that they sort out a good replay protection, I remember that Poloniex would split ETH/ETC deposits automaticalls for you, if you depsoited a pre-fork Ether with them.
Why can't all exchanges do that, then we can all dump the side of the fork we don't want or back.
In my opinion, if calculator again the price of Bitcoin today is $2400 and the price of Bitcoin Cash is $400, we will have $2400 + $400 = $2800 (for both).
=> Same the price of Bitcoin in past week when reach $2900 before Bitcoin Cash listing to exchange
=> Same the price of Bitcoin in past week when reach $2900 before Bitcoin Cash listing to exchange
If you're implying that the following will be true in the immediate future after August 1: price(new BTC) + price(BCC) <= price(old BTC) . One implication of this inequality is that the rate at which BCC should fall should be theoretically equal to the rate of rise in BTC. If this was the only reason for market movements, one could say yeah this is possible, but there are many other factors at play which may invalidate the inequality.
There is just one short-term certainty: volatility.
In my opinion, if calculator again the price of Bitcoin today is $2400 and the price of Bitcoin Cash is $400, we will have $2400 + $400 = $2800 (for both).
=> Same the price of Bitcoin in past week when reach $2900 before Bitcoin Cash listing to exchange
I think the crashing of Bitcoin in current just for correction balance the price of Bitcoin and Bitcoin Cash, is right?
=> Same the price of Bitcoin in past week when reach $2900 before Bitcoin Cash listing to exchange
I think the crashing of Bitcoin in current just for correction balance the price of Bitcoin and Bitcoin Cash, is right?
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