Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: ChironRegera on July 23, 2017, 05:39:27 PM



Title: BTC.TOP announces it will mine BitcoinCash based on price
Post by: ChironRegera on July 23, 2017, 05:39:27 PM
Bitcoin's second largest mining pool will portion it's hash rate between BitcoinCash and Bitcoin core ...

http://www.trustnodes.com/2017/07/23/btc-top-will-mine-bitcoin-cash-based-price

Feel bad for all the sheep that are buying bitcoin at the current price ....  :o


Title: Re: BTC.TOP announces it will mine BitcoinCash based on price
Post by: Yakamoto on July 23, 2017, 05:54:58 PM
Bitcoin's second largest mining pool will portion it's hash rate between BitcoinCash and Bitcoin core ...

http://www.trustnodes.com/2017/07/23/btc-top-will-mine-bitcoin-cash-based-price

Feel bad for all the sheep that are buying bitcoin at the current price ....  :o
So they started trading a token that isn't really being used by anyone, has next to no interest in it as it stands, and hasn't had an interesting development since that article was written?

What is this supposed to be lol?

BCC seems to be a very isolated, uninterested project by viabtc and it's down 40% since it's peak... Why would Bitcoincash be anything that anyone cares about, really? Sure it's another means to make money (especially as miners) but I seriously doubt there are any major implications, especially since an exchange has a monopoly over the token right now.


Title: Re: BTC.TOP announces it will mine BitcoinCash based on price
Post by: pixie85 on July 23, 2017, 06:16:15 PM
I feel bad for BTC.top. They will be wasting time and money on mining something that could never be accepted by the community and never have significant value.
They should remember that it's not the miners and pools that decide the value and acceptance of a coin. What will they do when nobody buys their coins?


Title: Re: BTC.TOP announces it will mine BitcoinCash based on price
Post by: ChironRegera on July 23, 2017, 06:24:31 PM
Bitcoin's second largest mining pool will portion it's hash rate between BitcoinCash and Bitcoin core ...

http://www.trustnodes.com/2017/07/23/btc-top-will-mine-bitcoin-cash-based-price

Feel bad for all the sheep that are buying bitcoin at the current price ....  :o
So they started trading a token that isn't really being used by anyone, has next to no interest in it as it stands, and hasn't had an interesting development since that article was written?

What is this supposed to be lol?

BCC seems to be a very isolated, uninterested project by viabtc and it's down 40% since it's peak... Why would Bitcoincash be anything that anyone cares about, really? Sure it's another means to make money (especially as miners) but I seriously doubt there are any major implications, especially since an exchange has a monopoly over the token right now.

Several exchanges have already announced they will offer Bitcoin Cash.  

After August 1, the market will finally get to decide. Suddenly Bitcoin Cash price is rising and Segwitcoin (BTC) is falling, and hashpower begins to switch sides. Now the market has two options for Bitcoin.  One that is cheap to transact with no huge backlog, due to bigger blocks and one limited to 1MB blocks with everyone stacked up in the mempool.


Title: Re: BTC.TOP announces it will mine BitcoinCash based on price
Post by: ChironRegera on July 23, 2017, 06:27:16 PM
I feel bad for BTC.top. They will be wasting time and money on mining something that could never be accepted by the community and never have significant value.
They should remember that it's not the miners and pools that decide the value and acceptance of a coin. What will they do when nobody buys their coins?

Never accepted by the community? I think it will be quite the contrary when people are finally given a choice to choose!  


Title: Re: BTC.TOP announces it will mine BitcoinCash based on price
Post by: megynacuna on July 23, 2017, 09:21:45 PM
I feel bad for BTC.top. They will be wasting time and money on mining something that could never be accepted by the community and never have significant value.
They should remember that it's not the miners and pools that decide the value and acceptance of a coin. What will they do when nobody buys their coins?

Never accepted by the community? I think it will be quite the contrary when people are finally given a choice to choose!  

I think we don't need these politics and counter rebuttals because Bitcoin needs all the unity it could gather at the moment. I think we should encourage a successful activation on August 1 and have all the prevailing Bitcoin issues solved after August 1.


Title: Re: BTC.TOP announces it will mine BitcoinCash based on price
Post by: darkangel11 on July 23, 2017, 09:30:28 PM
I feel bad for BTC.top. They will be wasting time and money on mining something that could never be accepted by the community and never have significant value.
They should remember that it's not the miners and pools that decide the value and acceptance of a coin. What will they do when nobody buys their coins?

Never accepted by the community? I think it will be quite the contrary when people are finally given a choice to choose!  

I think we don't need these politics and counter rebuttals because Bitcoin needs all the unity it could gather at the moment. I think we should encourage a successful activation on August 1 and have all the prevailing Bitcoin issues solved after August 1.
Well said, but where there's money at stake people will fight.
I've been reading threads here and on other forums for weeks and the general attitude was always against a hard fork and individual projects that stood against the original BTC ideals. BTU never had a chance, even though they tried hard, what makes you think BCC has any? I'd actually like them to fork and fail miserably getting no interest and a value of a few satoshis.