Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16790. (Read 26712318 times)

so. farewell then, poloniex?  

Hmmm, I wasn't quick enough either. I'll sell next pump.

The most important thing is Bitcoin's price is nicely stable. I expected massive volatility with all the fork panic, but it's been fairly flat for the last five days.

Oh no... my free money

Bitcoin Cash
Blocks
Permalink https://blockchair.com/bitcoin-cash/blocks
Height    Hash    Mined on    Miner    Votes    Tx #    Output (BTC)    Output (USD)    Fees (BTC)    Fees (USD)    Fee/kB (USD)    Size (kB)
478573    000000000000000000a818c2894cbbecf77da16ca526e3d59929ce5afd8f0644    2017-08-02 18:01    ?    BIP9    989    28,910.12586245    7,227,531.50    1.26550794    316.38    0.41    766.215
478572    000000000000000000a0341837a540515e7e3a2eb576edfff40ba00580564f77    2017-08-02 16:36    ?    BIP9    187    5,783.57599507    1,445,894.00    0.23261214    58.15    0.48    121.091
478571    0000000000000000012401ef17c6eefc28a25ebc98ac5c085174d5f418ebc3db    2017-08-02 16:20    ?    BIP9    4,331    175,630.10848663    43,907,528.00    3.84935841    962.34    0.21    4,683.334
478570    000000000000000000e29f8c626dd806633e7fe23004126ab4ec157ad720660b    2017-08-02 03:15    ?    BIP9    142    2,490.78003074    622,695.00    0.05702089    14.26    0.17    85.032

feeding frenzy can begin...
...soon https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjustments-2ec589099a8e?

It currently stands at $460 BCH  / 2700 BTC at Kraken, and $720 BCH  /2700 BTC at Bitterx.   Such a high price is definitely unexpected.

Bitcoin Cash: Our Position

2 AUG 2017

As the dust settles on the recent hard fork, we are now in a position to explain in more detail how we will deal with Bitcoin Cash.

In the run up to the hard fork, we advised our customers that we had chosen not to interact with the UAHF chain, and that those who wanted to receive Bitcoin Cash (BCH) immediately after the fork should withdraw their BTC.

Although this was perhaps not the most convenient way for our customers to receive their BCH funds, it was clearly the best course of action to take to ensure the continued stability and security of our platform. The safety of the funds under our custodianship comes before all other considerations, even if this may cause temporary disruption.

For those of our customers who chose to leave their BTC on our platform at the time of the fork, we recorded their BCH balances for the timestamp of the last common block (block 478558), which is 1 August 2017, 13:16:14 UTC.

These BCH balances will be made available to our customers as soon as it is safe to do so. If and when the
Bitcoin Cash system has been thoroughly tested and is sufficiently stable, we will then consider listing BCH. However, a series of technical, safety and regulatory requirements need to be met in order for this to occur, and it is still too early in the day to make realistic predictions about the timeframes involved.

Please check back here, on our Facebook page and on our Twitter feed for updates as and when they happen.

It currently stands at $460 BCH  / 2700 BTC at Kraken, and $720 BCH  /2700 BTC at Bitterx.   Such a high price is definitely unexpected.

Yes: if all miners switch, there's only one way things can go. However, if a minority stubbornly sticks to the old chain, we have 2 chains. The exchanges will probably list both coins and let the market do the rest. Which the market is doing right now. Let's give it some time.

I agree, all that is interesting about BCC is what it means for the price of BTC.

If you do want to make a poll related to BCC, maybe you could ask something pertaining to that, so e.g. whether people think this fork will a) show that the governance model of BTC is working as it should or b) shows the inherent weakness of the governance model of BTC etc. Just thinking out loud here.

Thanks again infofront for maintaining this thread, it's running very well! We can discuss developments that both in the short term and the long term influence the market value of BTC. Walls may not be the most important things in that respect anymore.

Lets say there is a miner underground movement to recompile the client with 8MB block limit.  They can do it, and they don't even have to tell anyone.   However, the first ones to do it are risking it, because their big blocks will probably not end up in the longest chain. 

However, if more than 50% do it, we get a hard fork, and small block miners are forced to switch.

And, believe me, exchanges would be first ones to switch, as they have most to lose.