OK, so people are mining BCH, but is anyone actually using it?

veleten

legendary

Activity: 2016

Merit: 1107

Quote from: greyworld on August 22, 2017, 06:52:13 AM

Quote from: leowonderful on August 22, 2017, 06:45:09 AM

And not only that, but fud machines are up at full speed: https://bitcointalksearch.org/topic/--2110454

Jihan and his buddies are probably sweating buckets right now trying to keep their chain up and looking better than BTC Cheesy

Yeah, I've had my miner pointed at antpool-bcc for the last couple hours and it only stays connected for about 20 minutes at a time, then the pool goes 'DEAD' and miner cycles to next in queue... totally screwing up my return rate as it ramps. Ridiculous, no one will put up with this.

Oh and you mention no one takes BCH, I just checked something, it cracks me up:

Bitmain doesn't accept BCH as payment

I mean... wtf. *facepalm*

hehe,its funny indeed,but it speaks volumes about the confidence they have in this coin
nothing but a pumped speculative instrument,although if BTC network is congested like this for longer,they might have something to offer that bitcoin cannot-fast transactions
again just maybe,maybe we will see BCC price drop like a rock while there are no money to pump it left

coinzoid

sr. member

Activity: 476

Merit: 250

At early days of mining Bitcoin, were there any vendor accepting bitcoin as payment? Bitcoin Cash is only 20 days old and I don't think it will have a value for daily use. Other than trading I think it is pointless to keep it.

greyworld

full member

Activity: 168

Merit: 100

Quote from: leowonderful on August 22, 2017, 06:45:09 AM

And not only that, but fud machines are up at full speed

Yeah, one guy creates a new account, uses his second post on his first day to rail about how I'm 'spreading conspiracies' and 'should be banned'... because I'm complaining on the D3 thread about how Bitmain won't confirm my seven-week-old payment. Wu's army of illiterate flying monkeys... pathetic.

greyworld

full member

Activity: 168

Merit: 100

Quote from: leowonderful on August 22, 2017, 06:45:09 AM

And not only that, but fud machines are up at full speed: https://bitcointalksearch.org/topic/--2110454

Jihan and his buddies are probably sweating buckets right now trying to keep their chain up and looking better than BTC Cheesy

Yeah, I've had my miner pointed at antpool-bcc for the last couple hours and it only stays connected for about 20 minutes at a time, then the pool goes 'DEAD' and miner cycles to next in queue... totally screwing up my return rate as it ramps. Ridiculous, no one will put up with this.

Oh and you mention no one takes BCH, I just checked something, it cracks me up:

Bitmain doesn't accept BCH as payment

I mean... wtf. *facepalm*

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

And not only that, but fud machines are up at full speed: https://bitcointalksearch.org/topic/--2110454

Jihan and his buddies are probably sweating buckets right now trying to keep their chain up and looking better than BTC Cheesy

greyworld

full member

Activity: 168

Merit: 100

Quote from: leowonderful on August 22, 2017, 06:37:42 AM

Once another difficulty adjustment comes in and it's not as profitable as BTC, even hashrate on the chain will go down.

True. If I understand correctly, hash rate moving from BTC -> BCH will eventually mean profit rates on BTC go up. It's gonna be back and forth for a while I bet.

greyworld

full member

Activity: 168

Merit: 100

Yeah it's easy to see how they're pumping up BCH on Bittrex. The buys that come in make no sense at all if someone was trying to maximize profits, they just buy two pages of sell offers at a time, instead of the top entry, wait for others to drop a little, top entry again, etc. Nope, they buy at ridiculous rates because it makes the value look high... until they stop shoveling money onto it, then it craters.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

I haven't seen any retailers or even people accepting BCH, so I'd say no. Remember that there is money behind all of this and that's about the only thing keeping BCH afloat. Once another difficulty adjustment comes in and it's not as profitable as BTC, even hashrate on the chain will go down.

greyworld

full member

Activity: 168

Merit: 100

From Antpool "BCC" status page:

Topic: OK, so people are mining BCH, but is anyone actually using it? (Read 379 times)