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Topic: Core coin wealth moving to Bitcoin Cash (Read 1089 times)

copper member
Activity: 1330
Merit: 899
🖤😏
September 08, 2017, 07:07:49 PM
#27
Satoshi also envisioned having a gang bang party with an 18 years old girl preferably in her birth day but it never happened, well perhaps it happened behind emperor's Wu closed doors a few times already but we didn't even get to smell their panties. hard lol.
If Satoshi wanted to have anything with Bitcoin he should've kept envisioning all these years. did he envisioned for every Bitcoin holder to double spend their entire balances as well or that part was all you greedy fackers?
member
Activity: 81
Merit: 10
September 08, 2017, 02:20:31 PM
#26
As predicted a lot of mining power and money is moving out of Core coin into Bitcoin Cash.
Even altcoins are losing value to Bitcoin Cash now.
Here we see the future of Crypto expanding, as Satoshi envisioned.

For me, cash does not carry too much effect, in other words, it is a coin with no meaningful existence when the core is still working very well.
legendary
Activity: 3024
Merit: 2148
September 08, 2017, 02:06:11 PM
#25
Blocks are still full and the backlog is huge!

mempool is back to normal: https://blockchain.info/charts/mempool-size
7000 unconfirmed transactions: https://blockchain.info/unconfirmed-transactions

increasing the blocksize is not the correct way to solve the scaling issue. if we want to compete (same numbers of transactions) with a credit card company, we need a blocksize of about 555mb, 80gb per day. this is the way where bitcoin cash is heading.

Storage space isn't the biggest factor that holds back block size increase, right now it's the latency - the bigger the block is, the longer it will take to propagate, because of longer validation time by each node and longer sending time. This would mean that conflicting chains would start appearing more often and double spending attacks would become easier, so we would have to require more confirmations before we can start trusting incoming transactions.
sr. member
Activity: 1988
Merit: 453
September 08, 2017, 01:58:50 PM
#24
Blocks are still full and the backlog is huge!

mempool is back to normal: https://blockchain.info/charts/mempool-size
7000 unconfirmed transactions: https://blockchain.info/unconfirmed-transactions

increasing the blocksize is not the correct way to solve the scaling issue. if we want to compete (same numbers of transactions) with a credit card company, we need a blocksize of about 555mb, 80gb per day. this is the way where bitcoin cash is heading.

Blocksize of 0.5 GB? That may not be sustainable. 80 GB per day would make mining impossible for small and medium sized players. We need to see how to reduce the size of the transactions, and how to accommodate more transactions in each block.
sr. member
Activity: 378
Merit: 250
September 08, 2017, 11:20:27 AM
#23
I don't see the point in what reason do miners want to transfer in mining the original bitcoin to bitcoin cash maybe it more profitable at the moment but it will not boom as it is only a copy cat and trying to be great, people just playing with the market with bitcoin cash and that is why it has a value as of the moment.
legendary
Activity: 1680
Merit: 1205
September 08, 2017, 06:53:57 AM
#22
Blocks are still full and the backlog is huge!

mempool is back to normal: https://blockchain.info/charts/mempool-size
7000 unconfirmed transactions: https://blockchain.info/unconfirmed-transactions

increasing the blocksize is not the correct way to solve the scaling issue. if we want to compete (same numbers of transactions) with a credit card company, we need a blocksize of about 555mb, 80gb per day. this is the way where bitcoin cash is heading.

As now, it's heading towards empty blocks
legendary
Activity: 1358
Merit: 1014
September 08, 2017, 06:24:33 AM
#21
I don't get it kwuckduck, you have been bearish on bitcoin since about 2010, and segwit is only a new development. Being that Bitcoin Cash is just Bitcoin without segwit (plus a larger blocksize), why are you so bullish about Bitcoin Cash? You were never bullish about Bitcoin when it was essentially the same as Bitcoin Cash.

Of course, anyone who is not a newbie knows the answer to this question, which is, that you are probably the biggest loser in bitcoin history, and through sheer stupidity missed out on being a multi-millionaire. But, seriously though, what are you going to do if Bitcoin Cash destroys Bitcoin and becomes the dominate high value coin? Which shitcoin are you going to shill for then and what bearish arguments do you have planned for Bitcoin Cash?

On another note, since you are such a loser and don't own any Bitcoin or Bitcoin Cash, and will therefore miss out on becoming a multi-millionaire for a second time, I'm honestly worried for you. What are you going to do then? Serious question. I am concerned that you would be even more depressed and unliked than now.

kwukduck is a perfect indicator of the opposite he is saying becoming true. Bitcoin Trash is collapsing and these propping this shitcoin are losing tons of money trying to keep the farce running.

Government-issued hashrate is mining it at a loss, they will run out of money eventually (even if they can print if infinitely, they will stop it once they realize it is futile)

Bitcoin hashrate just hit all time highs recently which proves Bitcoin Trash is only good for pump and dumping.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
September 08, 2017, 06:18:23 AM
#20
Blocks are still full and the backlog is huge!

mempool is back to normal: https://blockchain.info/charts/mempool-size
7000 unconfirmed transactions: https://blockchain.info/unconfirmed-transactions

increasing the blocksize is not the correct way to solve the scaling issue. if we want to compete (same numbers of transactions) with a credit card company, we need a blocksize of about 555mb, 80gb per day. this is the way where bitcoin cash is heading.
legendary
Activity: 1680
Merit: 1205
September 08, 2017, 06:16:39 AM
#19
There is no evidence that many people are using segwit and it will likely not improve bitcoin's fee problems.

more and more services are enabling segwit. Exchanges like bitstamp, wallets like trezor, ledger and many more.

bitcoin fees are rapidly decreasind since segwit activation: https://coinjournal.net/bitcoin-fees-decreasing-segwit/

so what are you talking about?


Blocks are still full and the backlog is huge!

Not true. In the last weeks, 5 sat/b was enough to get confirmed in a than few hours. You are not spamming enough.

https://jochen-hoenicke.de/queue/#7d
legendary
Activity: 1937
Merit: 1001
September 08, 2017, 06:06:37 AM
#18
There is no evidence that many people are using segwit and it will likely not improve bitcoin's fee problems.

more and more services are enabling segwit. Exchanges like bitstamp, wallets like trezor, ledger and many more.

bitcoin fees are rapidly decreasind since segwit activation: https://coinjournal.net/bitcoin-fees-decreasing-segwit/

so what are you talking about?


Blocks are still full and the backlog is huge!
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
September 08, 2017, 05:41:49 AM
#17
There is no evidence that many people are using segwit and it will likely not improve bitcoin's fee problems.

more and more services are enabling segwit. Exchanges like bitstamp, wallets like trezor, ledger and many more.

bitcoin fees are rapidly decreasind since segwit activation: https://coinjournal.net/bitcoin-fees-decreasing-segwit/

so what are you talking about?
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
September 08, 2017, 05:33:17 AM
#16
This news will make me hold my bitcoin core as I see that it keeps on increasing in value. If people are moving there wealth and mining tools from bitcoin core to bitcoin Cash and the core keep growing the way we are seeing it today it then mean bitcoin core in the long run will represent the idea of satoshi as something that will be valuable. Bitcoin Cash on the other hand has been trap between $500 and $600 and the only time will see serious changes is when is been pumped.

This idiot believes that people would transfer to a buggy and manipulated altcoin and he don't realize that when miners transfers to BCC its difficulty will rise.

I think the difficulty is due to retarget on 11th September or thereabouts, and it will drop.

Bitcoincash is a nice coin, it can eat up mempool backlogs very quickly. There is no evidence that many people are using segwit and it will likely not improve bitcoin's fee problems.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
September 08, 2017, 05:12:20 AM
#15
As predicted a lot of mining power and money is moving out of Core coin into Bitcoin Cash.
Even altcoins are losing value to Bitcoin Cash now.
Here we see the future of Crypto expanding, as Satoshi envisioned.

i know many are wishing for this to happen but it was never a predicted thing to happen. any speculator knows very well that bitcoin cash is just a temporary altcoin for pump an dumps with no real future. like most altcoins it will stay around for a while get pumped using certain news and then gets its inevitable dump.

so far nothing about mining and hashrate of bitcoin has changed. it has even increased more than before and the price is obviously on the rise and each month it breaks new ATH.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
September 08, 2017, 01:38:04 AM
#14
I'm a new bitcoin user/investor (after BTC/BCH fork) and this "war" between BTC and BCH makes me sick. There are some valid arguments on both sides. BTC seems a bit like a cult to me, and BCH like a criminal organization. Overall I trust bitcoin because it did a good job in the last years and it's already more mainstream then this new criminal coin nobody knows of.
sr. member
Activity: 798
Merit: 251
September 07, 2017, 04:35:18 PM
#13
This news will make me hold my bitcoin core as I see that it keeps on increasing in value. If people are moving there wealth and mining tools from bitcoin core to bitcoin Cash and the core keep growing the way we are seeing it today it then mean bitcoin core in the long run will represent the idea of satoshi as something that will be valuable. Bitcoin Cash on the other hand has been trap between $500 and $600 and the only time will see serious changes is when is been pumped.

This idiot believes that people would transfer to a buggy and manipulated altcoin and he don't realize that when miners transfers to BCC its difficulty will rise.
sr. member
Activity: 924
Merit: 260
September 07, 2017, 03:46:47 PM
#12
This news will make me hold my bitcoin core as I see that it keeps on increasing in value. If people are moving there wealth and mining tools from bitcoin core to bitcoin Cash and the core keep growing the way we are seeing it today it then mean bitcoin core in the long run will represent the idea of satoshi as something that will be valuable. Bitcoin Cash on the other hand has been trap between $500 and $600 and the only time will see serious changes is when is been pumped.
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
September 07, 2017, 03:15:41 PM
#11
Your previous threads on this topic in order:

1.  https://bitcointalksearch.org/topic/m.20384299

2.  https://bitcointalksearch.org/topic/m.20640599

3.  https://bitcointalksearch.org/topic/m.20712543

4.  https://bitcointalksearch.org/topic/m.21059863

This is a duplicate thread.  Please lock or delete it.
As predicted a lot of mining power[...]is moving out of Core coin into Bitcoin Cash.


Quote from: cash.coin.dance
The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
September 07, 2017, 02:21:57 PM
#10
Isn't bitcoin cash another altcoin or bitcoin clone LOL

Money always moves between bitcoin and altcoin not only to bitcoin cash but also to hundreds of altcoins.
Bitcoincash will never beat bitcoin...
hero member
Activity: 742
Merit: 500
September 07, 2017, 11:08:31 AM
#9
Once again,mr.kwukduck comes with a negative news against bitcoin.I don't understand what enmity he has with bitcoin.Every time,he explains the situation in a very different angle,probably the wrong angle.The happenings are just due to ICOs getting banned by PBOC and it was a temporary situation.Soon,bitcoin has recovered from downfall and its now almost $4655.just wait until november when segwit 2x will be activated and even those miners who support BCH too support segwit 2x.So,for sure BCH is going to die after that time.Bitcoin only would exist unbeatable.
legendary
Activity: 1218
Merit: 1006
September 07, 2017, 09:22:08 AM
#8
As predicted a lot of mining power and money is moving out of Core coin into Bitcoin Cash.
Even altcoins are losing value to Bitcoin Cash now.
Here we see the future of Crypto expanding, as Satoshi envisioned.
Just another small bump on bitcoin cash price as a recovery from recent dump after Chinese ICO fud, nothing more than that. Almost all alts and bitcoin is in green right now and I am expecting another round of correction for all alts while bitcoin will head up to $5k+.
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