Fork failed? | Bitcointalksearch.org

illinest

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Quote from: SvenBomvolen on August 05, 2017, 03:02:40 AM

That fact that the price for BCH is constantly going down doesn't mean that the fork has failed.

Indeed, this is natural. It happens to lots of altcoins. A high opening price based on very low volume, and then a massive plunge. And then accumulation/ uptrend. At the end of the day, though, it's just an altcoin, and the market seems to recognize that. I'm surprised so many exchanges added it.

SvenBomvolen

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Quote from: Kashim on August 02, 2017, 07:21:11 AM

bch is a joke. exchanges bch walltes offline so ppls only can trade it and not deposit outside. as soon as ppl can cash it out it will be dead and just another altcoin

Some exchangers really haven't option of deposit of BCH (or BCC), but there are those who allowed that. In particular, deposite and withdrawing of BCH is opened on Bitfinex, Bittrex, HitBTC and ViaBTC (from the 1st of August).
That fact that the price for BCH is constantly going down doesn't mean that the fork has failed. I think that was just nonsense to BCH's price reached such highs in the first hours after it's appearance. Now everything will stabilize and Etherum will go on the first place again.

Shamie1002

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Ofcourse Fork happend. That is why BCC existed. But some really don't mind its existence, some just continue to use Bitcoins. BCC are new cryptocurrencies like altcoins and it still the user choice what to use. They said that if BCC failed to be supported it will die unlike Bitcoin which is the real thing of cryptocurrencies.

BenRickert

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Quote from: Tungsten-1 on August 04, 2017, 03:51:56 PM

Quote from: Savik on August 03, 2017, 03:25:51 PM

Bittrex now accepting BCH. Long transaction times, but the coins will start flowing from the wallets and the dump will begin.

Bittrex now accepting BCH and yesterday people were blaming Bittrex i mean wow? That's the spirit of bittrex that they are now accepting new unstable things while other exchanges are sleeping so i would like to say that bittrex has done a great role in a history of other exchanges thanks to bittrex that they have done that for us to maintain their image once again.

Exchanges aren't sleeping. They don't want the risk. Do you have any idea how much risk there is associated with transacting something this new and volatile. It's immeasurable really. No way to quantify it. That Piece of radioactive shit could wipe out an entire exchange. Ask Coinbase how they felt making good on all the ethereum transactions from $300.00 down to 14 cents in the blink of an eye.

An1ks

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I think the problem is in understanding of word "hardfork". Did it happened? Yes. Was people thinking that real hardfork will change things? Yes. Did it change something. That's a question.

Tungsten-1

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Quote from: Savik on August 03, 2017, 03:25:51 PM

Bittrex now accepting BCH. Long transaction times, but the coins will start flowing from the wallets and the dump will begin.

Bittrex now accepting BCH and yesterday people were blaming Bittrex i mean wow? That's the spirit of bittrex that they are now accepting new unstable things while other exchanges are sleeping so i would like to say that bittrex has done a great role in a history of other exchanges thanks to bittrex that they have done that for us to maintain their image once again.

Baofeng

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Quote from: jorneyflair on August 04, 2017, 03:05:55 AM

The fork has gone through and with the fork, bitcoin has been split into normal Bitcoin and a new type of alt coin, Bitcoin cash. After the fork seems like prices for Bitcoin have risen and the price is not almost 2.9K. Seems like Bitcoin will hit 3K at the end of this month for sure with the rate it is growing now.

Most miners have abandoned Bitcoin cash though, August the one was just an event overhyped and it honestly didn’t affect us that much. Price of Bitcoin cash hit 700 yesterday but now it is at 300-400 USD. Slowly seems to be dying.

Of course, without the support of users, BCH will simply die. But if there are people behind, like big entities, it will survived but it will just be a pump and dump coin. It may bubble in the future, but we all know that it will be bursting soon. The event just go unnoticed and the price of bitcoin even go to $2900 now. Its one thing to hype BCH but without the backup of big miners who rather stick with bitcoin for now. And I think with the recent split, bitcoin price will gradually rise and will peak at $3000 again or even more.

jorneyflair

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The fork has gone through and with the fork, bitcoin has been split into normal Bitcoin and a new type of alt coin, Bitcoin cash. After the fork seems like prices for Bitcoin have risen and the price is not almost 2.9K. Seems like Bitcoin will hit 3K at the end of this month for sure with the rate it is growing now.

Most miners have abandoned Bitcoin cash though, August the one was just an event overhyped and it honestly didn’t affect us that much. Price of Bitcoin cash hit 700 yesterday but now it is at 300-400 USD. Slowly seems to be dying.

error08

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Quote from: alani123 on August 02, 2017, 07:18:07 AM

The fork did occur but many miners abandoned BCash coin right after it split from the main chain. The exit of the miners results to extremely delayed block creation due to the pre-calcuated difficulty and as a result no transactions with BCash can go through. Overall it fails as a currency, but does decently well on exchanges in spite of the inability to deposit.

I guess bcash still has some bugs or problems on their nodes or network, not so sure about it. So far, there have been 50 blocks mined since the hard fork and most miners are unknown. And there is MC Pool in Hong Kong https://news.bitcoin.com/the-trading-center-in-hk-where-they-mined-most-of-the-bitcoin-cash-blocks/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
But, according to the most exchanges, people can't deposit or withdraw bcash as the wallet of bcc remain under maintenance.
Don't know how it happen or what the reasons but people only care about cash out this coin if-since the first time facing this problem of bch network.

seyola89

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Quote from: eP on August 02, 2017, 07:16:58 AM

the fork has been done so bitcoin cash already created from that fork

I see it as indirect free BTC Giveaway. Painful I could not get some.

Adbitco

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Leading Crypto Sports Betting & Casino Platform

Hard fork did occur as a result of which bitcoin cash an altcoin came into existence but the hard fork didn't make any significant impact on the prices of bitcoin nor did a good number of miners are with bitcoin cash so basically the people behind bitcoin cash have failed in bringing to the world which they were dreaming of as the true version of satoshi's bitcoin and that's why it's been a flop show and a total failure but hard fork did actually occur.

nidacoinlove

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Quote from: Ayers on August 02, 2017, 09:41:08 AM

Quote from: eP on August 02, 2017, 07:16:58 AM

Quote from: Potent on August 02, 2017, 07:14:42 AM

Someone say yes. someone say no. Could anyone explain that fork has been occurred or not?

the fork has been done so bitcoin cash already created from that fork

that is an altcoin, not a fork, the fork didn't happen theymos said so in his thread, bitcoin cash is an attempt to do a fork but they created an altcoin, but i don't know why they both share the same private key

I guess the bcc creation is the result of the fork. It was for sure a fork but with not a very hard result. Before all this happened I was thinking of that the segwit and the fork combined may give a tough time to the bitcoin users but thanks God everything is alright.
The bitcoin has once again proved its strength and I hope people will carry on choosing it as a top cryptocurrency. The bcc will be like the rest of the alts in the market.

hoganJ32888

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The larger one being Bittrex?

Quote from: west man4 on August 03, 2017, 03:23:09 PM

Quote from: BlackPanda on August 02, 2017, 10:23:08 AM

Quote from: alani123 on August 02, 2017, 07:18:07 AM

The fork did occur but many miners abandoned BCash coin right after it split from the main chain. The exit of the miners results to extremely delayed block creation due to the pre-calcuated difficulty and as a result no transactions with BCash can go through. Overall it fails as a currency, but does decently well on exchanges in spite of the inability to deposit.

But I see some exchange that can already do trade Bch, they have a value of about 25% of the current bitcoin price. Indeed I'm not sure this can last long, but this is our chance to take advantage. For forking I think this works because it has created bch, this impact of the split that occurs in bitcoin.

The larger one just released the wallets on their exchange.

But yeah. ALmost most of the miners have abandoned it and it is taking a very long time to relay the transactions now.
Some are saying they have waited over 18 hours now for their sending amounts to be received.
This is a complete and utter joke now.
While it was said to have faster times than bitcoin.\
And right out the door they have a 10x worst sending of their transactions.

Instant FAIL!

BenRickert

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Activity: 420

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Quote from: ?? on ??

Bitcoin Cash would only be a failure if there was a doublespend, therefore it is a success.

Coinbase will no doubt be sued for not giving out their Bitcoin Cash and the Banana Cash to all Bitcoin holders (Banana Cash was a Bitcoin clone launched a week ago with double the block size of Bitcoin Cash). Banana Cash will be waiting for a couple years for the hash rate to catch up (still waiting for the miner to mine the first block).

Coinbase should be sued for every Bitcoin air drop that they did not honor over the past 3 years (of course there were more than one).

It should be against the law for an exchange to not comply with an airdrop, and the penalties should be very severe.

When the Bitcoin Cash hash rate finally comes down allowing us to dump our Bitcoin Cash on the open market, the Bitcoin Cash Foundation will release press release of the good news (good for adioption) that will make us want to hold it to pay our federal/state/and local taxes with more ease.

The Bitcoin Cash development team is waaaaay more smarter than the Bitcoin Classic devs.

Digital drugs???

Savik

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Bittrex now accepting BCH. Long transaction times, but the coins will start flowing from the wallets and the dump will begin.

BenRickert

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Quote from: gishab56 on August 02, 2017, 09:38:24 AM

Quote from: FrictionlessCoin on August 02, 2017, 09:08:14 AM

Quote from: hardforkcoin on August 02, 2017, 08:19:38 AM

Quote from: alani123 on August 02, 2017, 07:18:07 AM

The fork did occur but many miners abandoned BCash coin right after it split from the main chain. The exit of the miners results to extremely delayed block creation due to the pre-calcuated difficulty and as a result no transactions with BCash can go through. Overall it fails as a currency, but does decently well on exchanges in spite of the inability to deposit.

Once the difficulty goes down more miners would go back if there is a profit incentive.

Nobody can really say it is failed until a few months from now. There is still a chance it will succeed as an alt coin.

If the difficulty drops by 20 times and bcc is worth 1/5th of btc, then miners will to to bcc. They will just switch between coins imo

How the does the difficulty go down if there aren't miners to create blocks?

My prediction is that there will be people going to pay a bounty to have blocks mined. This is so they can get their money into exchanges.

It's is kind of like having gold, but its stranded in a country without transportation!

Miners are not everything. Miners wanna take profit. Mining of BCC hasn't any profit at this time.
They are waiting for price going up or difficulty going down. If difficulty wouldn't go down the price will go up at short time.

Actually, if you're trying to grow a POW, SHA 256 Cryptocurrency....then yes, miners ARE everything.

west man4

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Quote from: BlackPanda on August 02, 2017, 10:23:08 AM

Quote from: alani123 on August 02, 2017, 07:18:07 AM

The fork did occur but many miners abandoned BCash coin right after it split from the main chain. The exit of the miners results to extremely delayed block creation due to the pre-calcuated difficulty and as a result no transactions with BCash can go through. Overall it fails as a currency, but does decently well on exchanges in spite of the inability to deposit.

But I see some exchange that can already do trade Bch, they have a value of about 25% of the current bitcoin price. Indeed I'm not sure this can last long, but this is our chance to take advantage. For forking I think this works because it has created bch, this impact of the split that occurs in bitcoin.

The larger one just released the wallets on their exchange.

But yeah. ALmost most of the miners have abandoned it and it is taking a very long time to relay the transactions now.
Some are saying they have waited over 18 hours now for their sending amounts to be received.
This is a complete and utter joke now.
While it was said to have faster times than bitcoin.\
And right out the door they have a 10x worst sending of their transactions.

Instant FAIL!

VasyaPupkin

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Quote from: xJuturna on August 03, 2017, 03:10:34 PM

A little of both. The split / fork happened but BCC is broken. I have no way to explain why anyone is giving it the time of day in the exchanges though...

A fork is a marketing move of rich people. Someone on this received a lot of money and will get even more.
Everyone knew that BCC was a dead coin. But despite this, we saw a yen above 1000 dollars in the first hours of life. I do not think that this price is justified

xJuturna

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A little of both. The split / fork happened but BCC is broken. I have no way to explain why anyone is giving it the time of day in the exchanges though...

iglasses

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Quote from: ?? on ??

Bitcoin Cash would only be a failure if there was a doublespend, therefore it is a success.

Coinbase will no doubt be sued for not giving out their Bitcoin Cash and the Banana Cash to all Bitcoin holders (Banana Cash was a Bitcoin clone launched a week ago with double the block size of Bitcoin Cash). Banana Cash will be waiting for a couple years for the hash rate to catch up (still waiting for the miner to mine the first block).

Coinbase should be sued for every Bitcoin air drop that they did not honor over the past 3 years (of course there were more than one).

It should be against the law for an exchange to not comply with an airdrop, and the penalties should be very severe.

When the Bitcoin Cash hash rate finally comes down allowing us to dump our Bitcoin Cash on the open market, the Bitcoin Cash Foundation will release press release of the good news (good for adioption) that will make us want to hold it to pay our federal/state/and local taxes with more ease.

The Bitcoin Cash development team is waaaaay more smarter than the Bitcoin Classic devs.

If I got super drunk and passed out the drool line coming from my mouth would make more sense than this.

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