Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Quantus on August 01, 2017, 02:50:00 PM



Title: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Quantus on August 01, 2017, 02:50:00 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.


Title: Re: Bitmain Cash has yet to mine a single block.
Post by: BitcoinBarrel on August 01, 2017, 02:52:51 PM
There is going to be like a 2 day delay as soon as it forks to get your BCC onto an exchange to dump.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Motivator on August 01, 2017, 02:57:24 PM
https://media.giphy.com/media/8fen5LSZcHQ5O/giphy.gif


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: oblivi on August 01, 2017, 02:57:50 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing is dead in the water. Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

I always knew this would get nowhere. This was another setup by Bitmain to short the bitcoin price, it's what they always do, just look at the recent flash crashes. Im sure Jihan and co had shorts set and made a lot of money on the suckers that dumped due FUD.

They also use ViaBTC to support experiments like Bitcoin Cash and see the kind of support they get.

What worries me is the segwit2x hardfork in november, if the NYC agreement happens, they will fork into scammy anti privacy software (google btc1 bloq)

Big blockers ALWAYS ruin the day.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Minecache on August 01, 2017, 02:59:54 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing is dead in the water. Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

I always knew this would nowhere. This was another setup by Bitmain to short the bitcoin price, it's what they always do, just look at the recent flash crashes. Im sure Jihan and co had shorts set and made a lot of money on the suckers that dumped due FUD.

They also use ViaBTC to support experiments like Bitcoin Cash and see the kind of support they get.

What worries me is the segwit2x hardfork in november, if the NYC agreement happens, they will fork into scammy anti privacy software (google btc1 bloq)

Big blockers ALWAYS ruin the day.
This.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Kprawn on August 01, 2017, 03:00:17 PM
People are saying there's a DDoS attack happening on BCC with thousands of bad acting nodes spinning up on AWS in the

last hour. Can anyone acknowledge that this is the case? This is definitely not going to be a solution to stop BCC from gaining

momentum. If people want to use it, let them do that.... The market will decide what they want. No need for this.. if it is true.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Troll Buster on August 01, 2017, 03:05:22 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

LOL one visit to this forum and you see the same typical bullshit shills on this board.

You Blockstream shills really need to check basic facts before mouthing off.

It's like you idiots don't even try to sound half legit anymore.

Just one simple visit to https://pool.viabtc.com/ (https://pool.viabtc.com/) shows that:

Just ViaBTC alone is using 2% of entire BTC hash power to mine BCC.
(ViaBTC is using half of it's BTC hash power to mine BCC)

Not even counting other pools yet.

BCC Pool
HashRate:127 P
Network HashRate: 6441 P
Active: 10022
Block Mined: 1
Coin Mined(BCC): 13

BTC Pool
Pool HashRate: 300 P
Network HashRate: 6448 P
Active: 24274
Block Mined: 3843
Coin Mined(BTC): 52343


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: User365 on August 01, 2017, 03:08:07 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

Perfect  :)

I did expect this, but now I can be sure :)


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: mk4 on August 01, 2017, 03:10:13 PM
I think a low hashpower (like 5%) is expected if the hardfork just happened like just very recently like a few hours ago. It's going to increase slowly, like it or not. The question is, how low or high can it go? Or most importantly, will it still be a viable cryptocurrency? It's just too early to answer.

^my neutral opinion


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: hatshepsut93 on August 01, 2017, 03:10:40 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing is dead in the water. Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

Mining is a business, and right now redirecting your hash power to BCH is a loss, because the difficulty is huge while the reward is small. When BCH difficulty will drop, some hashpower/BCH_price equilibrium will be established. So, it doesn't mean that BCH is already dead, but still it's funny how miners, who were crying for big blocks, are refusing to switch to Bitmaincoin, because they have no confidence in its price. Hope it will be a lesson for everyone who didn't realize that Bitcoin's direction is decided by economic majority and not some pure hashrate.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: theymos on August 01, 2017, 03:13:55 PM
How BCH works is that if no blocks are produced in some (6?) hours, then the difficulty gets reduced by 25%. So it can't die from lack of miners, though it may be very slow for a few days.

People are saying there's a DDoS attack happening on BCC with thousands of bad acting nodes spinning up on AWS in the

That's always their excuse...

Someone did spin up like 4000 AWS BCH nodes (or at least 4000 IPs -- maybe they're all pointing to a few nodes), possibly as a DoS attack against them, or possibly as a publicity stunt ("OMG look at this incredible BCH adoption!"). They're not listening on the correct port, so I don't think that it'd be an effective DoS; nodes won't normally connect to them.

There are problems with how BCH's P2P network works in general, as well.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Troll Buster on August 01, 2017, 03:15:04 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing is dead in the water. Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

Mining is a business, and right now redirecting your hash power to BCH is a loss, because the difficulty is huge while the reward is small. When BCH difficulty will drop, some hashpower/BCH_price equilibrium will be established. So, it doesn't mean that BCH is already dead, but still it's funny how miners, who were crying for big blocks, are refusing to switch to Bitmaincoin, because they have no confidence in its price. Hope it will be a lesson for everyone who didn't realize that Bitcoin's direction is decided by economic majority and not some pure hashrate.

It's even funnier when you realize miners didn't create Bitcoin Cash (Bitcoin Cash was created by another group inspired by Bitmain's contingency plan.)

Miners are sticking to their Segwit2X agreement unlike Blockstream who broke the HK agreement.

LOL this place is like some weird IQ50 echo chamber designed to fool newbies or something.

It's like you morons don't even think before you post, you guys don't even try.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: pereira4 on August 01, 2017, 03:15:33 PM
People are saying there's a DDoS attack happening on BCC with thousands of bad acting nodes spinning up on AWS in the

last hour. Can anyone acknowledge that this is the case? This is definitely not going to be a solution to stop BCC from gaining

momentum. If people want to use it, let them do that.... The market will decide what they want. No need for this.. if it is true.

I was just reading about this on "the other reddit":

https://www.reddit.com/r/btc/comments/6qw73e/my_abc_full_node_client_just_crashed/

Looks like a similar situation with Bitcoin Unlimited nodes. Maybe there's some kind of exploit in the code? Anyway these losers are already blaming "Core/Blockstream" for their incompetence. It seems they still don't get that this is the standard in open source code development: you have to assume you are going to get attacked.

Hardforkers are the epitome of pathetic.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: 73blazer on August 01, 2017, 03:18:44 PM

Someone did spin up like 4000 AWS BCH nodes (or at least 4000 IPs -- maybe they're all pointing to a few nodes), possibly as a DoS attack against them, or possibly .

You can see the nodes here; https://bitnodes.21.co/nodes/?q=Bitcoin%20ABC:0.14.6  it's the ABC BS


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: franky1 on August 01, 2017, 03:26:06 PM
btc1 has nothing to do with bitcoincash.
bitcoin cash is a transparently admitted bilateral split (an altcoin)

btc1 was an attempt to twist peoples opinions and promise things without guarantee, just to get segwit activated


Do you mind give the link to btc1 blog you mentioned since i couldn't find it?

segwit2x made by BLOQ and branded btc1 is made by the same financed group as blockstream

check out the bscartel
dcg.co/portfolio/#b


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Quantus on August 01, 2017, 04:19:39 PM
Bitcoin Cash supporters are ether in denial or they are paid shills. This shit coin won't last a week if it survives the next 24 hours.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: qiman on August 01, 2017, 04:29:30 PM
I am so confused. Bitcoin Core, Bitcoin Unlimited and Bitcoin cash, How many Bitcoin forked clones are there out there? I did not even know there was a bitcoin unlimited clone until today when I read in another thread. Only time will tell what will happen to the BCH coin I guess. We need to wait. One thing I do know is that Bitcoin is Bitcoin period.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: dreamer81 on August 01, 2017, 04:30:50 PM
Bitcoin Cash supporters are ether in denial or they are paid shills. This shit coin won't last a week if it survives the next 24 hours.

sure it will survive. Do you think juhan and all his diciples will pour so many billion dollars in the toilet? no. They are smarter than you are (probablly), and will come out of this mess richer than before. The question is only how they are going to do it.



Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: dreamer81 on August 01, 2017, 04:31:40 PM
I am so confused. Bitcoin Core, Bitcoin Unlimited and Bitcoin cash, How many Bitcoin forked clones are there out there? I did not even know there was a bitcoin unlimited clone until today when I read in another thread. Only time will tell what will happen to the BCH coin I guess. We need to wait. One thing I do know is that Bitcoin is Bitcoin period.

haha.. anyone can make a bitcoin clone... it's very easy. Maybe I'll make one tonight, and another tomorrow? ;)
hahaha


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: buenav on August 01, 2017, 04:32:26 PM
It will survive, it will just be worth very little.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: jammers on August 01, 2017, 04:34:51 PM
yeah i'm confused too.

can someone explain what happens over the next day or two? Not too interested in any of the politics, but I know I get some free anyway.

So I can see on https://www.btcforkmonitor.info/

Node: Bitcoin Core & Node: UASF (BIP 148) & Node: btc1 (segwit2x) and Node: Segsignal (BIP 91 only) are all on block 478590 mining as normal, although the network is eerily quiet on https://blockchain.info/unconfirmed-transactions, there was only 700 transactions queued earlier.

So on the other hand, Node: Bitcoin ABC (Bitcoin Cash; Bcash) is stuck on Current height: 478558 from a couple of minutes after the block was mined. And there's been no blocks since.

It's going to take them 2000 blocks to get their mining difficulty adjusted? And while that's waiting, any transactions are stuck?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: BingoDog on August 01, 2017, 04:39:26 PM
It will survive, it will just be worth very little.

Yes, but this is almost the same like it's dead. Just another non perspective coin in the vast sea of cryptocurrencies, not worth mentionig. Just that it has made confusion among some users who beived that it has something to do with bitcoin and turned them in wrong direction.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: BrewMaster on August 01, 2017, 04:44:23 PM
So on the other hand, Node: Bitcoin ABC (Bitcoin Cash; Bcash) is stuck on Current height: 478558 from a couple of minutes after the block was mined. And there's been no blocks since.

It's going to take them 2000 blocks to get their mining difficulty adjusted? And while that's waiting, any transactions are stuck?

everything in bitcoin cash has been based on time instead of block numbers or number of blocks.
the fork was on a fixed time (12:20 UTC) if i am not mistaken which is block #478558 i don't know if stuck is the right word but since the hash rate is low for BCC and the difficulty is high it takes a long time to find a block so the blockchain is staying there and BCC nodes are rejecting the new blocks mined on bitcoin chain.

also their difficulty adjustment is based on time. it is after a fixed amount of time passed that they readjust the difficulty and lower it. i think it is after 6 hours with 0 blocks.

and that first block MUST be over 1 MB or else it will be rejected so the BCC mempool MUST have a lot of transactions already to fill a > 1 MB block.

and all this time all those transactions on BCC chain will remain in the mempool as unconfirmed and stuck or waiting.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: illaslli on August 01, 2017, 04:45:52 PM
So on the other hand, Node: Bitcoin ABC (Bitcoin Cash; Bcash) is stuck on Current height: 478558 from a couple of minutes after the block was mined. And there's been no blocks since.

It's going to take them 2000 blocks to get their mining difficulty adjusted? And while that's waiting, any transactions are stuck?

everything in bitcoin cash has been based on time instead of block numbers or number of blocks.
the fork was on a fixed time (12:20 UTC) if i am not mistaken which is block #478558 i don't know if stuck is the right word but since the hash rate is low for BCC and the difficulty is high it takes a long time to find a block so the blockchain is staying there and BCC nodes are rejecting the new blocks mined on bitcoin chain.

also their difficulty adjustment is based on time. it is after a fixed amount of time passed that they readjust the difficulty and lower it. i think it is after 6 hours with 0 blocks.

How long is that to mine a block in a normal amount of time?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: oblivi on August 01, 2017, 04:50:32 PM
So on the other hand, Node: Bitcoin ABC (Bitcoin Cash; Bcash) is stuck on Current height: 478558 from a couple of minutes after the block was mined. And there's been no blocks since.

It's going to take them 2000 blocks to get their mining difficulty adjusted? And while that's waiting, any transactions are stuck?

everything in bitcoin cash has been based on time instead of block numbers or number of blocks.
the fork was on a fixed time (12:20 UTC) if i am not mistaken which is block #478558 i don't know if stuck is the right word but since the hash rate is low for BCC and the difficulty is high it takes a long time to find a block so the blockchain is staying there and BCC nodes are rejecting the new blocks mined on bitcoin chain.

also their difficulty adjustment is based on time. it is after a fixed amount of time passed that they readjust the difficulty and lower it. i think it is after 6 hours with 0 blocks.

How long is that to mine a block in a normal amount of time?

Blocks in the real Bitcoin happen every 10 minutes. This Bitcoin Cash thing (or Bitmain Cash as I like to call it) it's having big, big problems right now. They haven't started mining yet a single block because there is a trigger mechanism that must be activated first, and this activation needs to mine a block that is larger than 1MB.

So not only their nodes are all fake and getting attacked, but they can't even get started mining.

This is what happens when you rush a hardfork. Take notes NYCtards.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: vinaha on August 01, 2017, 04:55:37 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

LOL one visit to this forum and you see the same typical bullshit shills on this board.

You Blockstream shills really need to check basic facts before mouthing off.

It's like you idiots don't even try to sound half legit anymore.

Just one simple visit to https://pool.viabtc.com/ (https://pool.viabtc.com/) shows that:

Just ViaBTC alone is using 2% of entire BTC hash power to mine BCC.
(ViaBTC is using half of it's BTC hash power to mine BCC)

Not even counting other pools yet.

BCC Pool
HashRate:127 P
Network HashRate: 6441 P
Active: 10022
Block Mined: 1
Coin Mined(BCC): 13

BTC Pool
Pool HashRate: 300 P
Network HashRate: 6448 P
Active: 24274
Block Mined: 3843
Coin Mined(BTC): 52343


HAHAHA! Oh so yeah,  so according to your calculations that's 2% of the global hashing power. Actually it's more like 1.5%.
What other pools are mining BCC? And how much?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: xbiv2 on August 01, 2017, 04:56:35 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.
5% not bad


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: L on August 01, 2017, 05:03:36 PM
Well, I want my free money!

They promise to double our coins, where are my new monies?

Seriously, are there any reliable sources about Bitcoin Cash?

Nodes crashing, vulnerable to attacks, bugs?


Title: Re: Bitmain Cash has yet to mine a single block.
Post by: amacar2 on August 01, 2017, 05:06:18 PM
There is going to be like a 2 day delay as soon as it forks to get your BCC onto an exchange to dump.
But no any platform have opened up BCC deposit and withdrawals. I think it will take atleast one day for them to do so and 1 more day for anyone to send their first bcc to that deposit address if they get lucky to get their transactions included in 1 8mb block that will be mined in every 24 hour. LOL


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: xbiv2 on August 01, 2017, 05:07:34 PM
let's see what will happen:
https://www.btcforkmonitor.info/


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Quantus on August 01, 2017, 05:08:34 PM
hahahah you people still don't get it. There will be no free monies you greedy hubris bastards will get nothing!


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: exstasie on August 01, 2017, 05:10:10 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing is dead in the water. Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

I always knew this would get nowhere. This was another setup by Bitmain to short the bitcoin price, it's what they always do, just look at the recent flash crashes. Im sure Jihan and co had shorts set and made a lot of money on the suckers that dumped due FUD.

This doesn't match up with the price action at all. For the last couple weeks, Bitcoin Cash FUD was on the menu. And for the last couple weeks, price rose very steadily from $2400 to the $2900s. After the BIP91 threat passed, the market just trended straight up. So if Jihan took out lots of shorts, at best he's probably breaking even (assuming he managed to close on the dip last night).

It's not surprising that Bitmain has certain entrenched interests it wants to protect in the long term. That doesn't mean they are trying to create short term FUD to short the market.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: HeRetiK on August 01, 2017, 05:10:51 PM
It's interesting to see how right now there's no possibility for arbitrage between exchanges due to the slow BCH network. Currently we have a pretty wide spread between Kraken at 0.08 BTC and HitBTC at 0.20 BTC (with viaBTC somewhere inbetween). If the BCH network were already adjusted mining BCH would be actually pretty profitable (BCH value > 8% of BTC while BCH hashrate < 5% of BTC). As it is right now it seems however that every day mining BCH is a day lost. Unless serious hashpower enters BCH it will take at least 2 days for the BCH network to reach the proper difficulty... not an especially tempting offer to become a BCH early miner. Whoever is mining BCH right now is paying a costly price.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Variogam on August 01, 2017, 05:11:05 PM
Bitcoin Cash is dead the same way as Bitcoin was claimed dead many times  ;)

Difficulty going to adjust soon and Bitcoin Cash is here to stay no matter how some of you dont like this fact.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Troll Buster on August 01, 2017, 05:13:10 PM

Blocks in the real Bitcoin happen every 10 minutes. This Bitcoin Cash thing (or Bitmain Cash as I like to call it) it's having big, big problems right now. They haven't started mining yet a single block because there is a trigger mechanism that must be activated first, and this activation needs to mine a block that is larger than 1MB.

So not only their nodes are all fake and getting attacked, but they can't even get started mining.

This is what happens when you rush a hardfork. Take notes NYCtards.

No, this is what happens when banker funded Blockstream Core sat on their ass for a year and a half, playing god without hash power and without enough development power to release a viable product on time (SegWit is an overly complicated resource ponzi scheme, and LN is a vaporware, the theory of LN is so full of holes it'll be exploited the moment any LN product sees the light of day).

Take notes Blockstream shill, fuck around again and next time it'll be the miners doing the exodus, once that happens even if Core tweak the difficulty settings, the miners can always go back and do a 51% attack, so Core have to do a pow change, in which case it'll destroy the entire mining eco system, trust lost, price crashes, and everyone follows the miners to BCC or another contingency fork.

And don't be a fucking screaming alarmist moron, it's not a 'problem' if it's anticipated, it was always going to take a day or 2 to re-adjust, BCC might rise, might tank, but don't pretend the re-adjustment period wasn't participated way before hand.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: SONG GEET on August 01, 2017, 05:45:30 PM
Bitcoin Cash is dead the same way as Bitcoin was claimed dead many times  ;)

Difficulty going to adjust soon and Bitcoin Cash is here to stay no matter how some of you dont like this fact.
But it will never be able to compete with bitcoin, it might have some price under $100 just like other alts out there.  ;D

Don't expect any demand for this BCC shit.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: PoorLad on August 01, 2017, 06:05:31 PM
5% is not too bad just after a hardfork tbh.. However you feel about this coin, it might be beneficial to dump all initially and buy a couple hundred/thousand if it is very cheap and just let it idle in a wallet somewhere for a long time. If you had some BTC and got your free BCC, it might not cost you much or anything at all if you are really lucky.

I know im not letting a investment opertunety go away just because I dont like the coin


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Netnox on August 01, 2017, 06:11:09 PM
Too early to write it off. Any coin, which enjoys the support from people such as Roger Ver and Jihan Wu is not going to die that easily. And the early indications are that, it will be having a market cap of around $6 billion (which would make it the 3rd or 4th valuable crypto-currency). I calculated the market cap based on exchange rates from Yobit.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: exstasie on August 01, 2017, 06:13:00 PM
5% is not too bad just after a hardfork tbh.. However you feel about this coin, it might be beneficial to dump all initially and buy a couple hundred/thousand if it is very cheap and just let it idle in a wallet somewhere for a long time. If you had some BTC and got your free BCC, it might not cost you much or anything at all if you are really lucky.

I know im not letting a investment opertunety go away just because I dont like the coin

That's more or less how I feel. I have no need to transact right now either way, so when the time comes I'll just split them... Maybe Bitcoin Cash will be worth something, maybe not.

When you say 5%... where is your source? I haven't been able to find statistics on this. Do you know how long it will take to retarget difficulty at this rate?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: yogg on August 01, 2017, 06:16:25 PM
ITS ALIVE

https://i.imgur.com/aFx8ZzG.png?1

http://blockdozer.com/insight/block/000000000000000000651ef99cb9fcbe0dadde1d424bd9f15ff20136191a5eec


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: danherbias07 on August 01, 2017, 06:17:55 PM
Well at least they didn't do it the ICO way.  ;D
That is one hell of a breakthrough. I thought everything here will go thru that way.  ;D


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: FandangledGizmo on August 01, 2017, 06:22:28 PM
ITS ALIVE

https://i.imgur.com/aFx8ZzG.png?1

http://blockdozer.com/insight/block/000000000000000000651ef99cb9fcbe0dadde1d424bd9f15ff20136191a5eec

Great news. I predict the Bitcoin Cash dumping will commence despite the MSM trying to play it up, but let's see what happens.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Quantus on August 01, 2017, 06:23:07 PM
AW i just found this to

http://imgur.com/a/vM7Vm


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: isoneguy on August 01, 2017, 06:24:51 PM
not really a fork...

more like a spoon  ;D


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: exstasie on August 01, 2017, 06:28:28 PM
The first Bitcoin Cash block was just found at 6:12pm UTC! I wish I could find hash rate statistics. It seems that, at the current difficulty, that current Bitcoin Cash miners must be spending quite a lot of money to mine this chain based on block time.

Well, I guess the possibility that no blocks would be mined has passed. But can the chain make it to difficulty readjustment?

Refilling my bucket of popcorn. :D


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Troll Buster on August 01, 2017, 06:29:26 PM

HAHAHA! Oh so yeah,  so according to your calculations that's 2% of the global hashing power. Actually it's more like 1.5%.
What other pools are mining BCC? And how much?


Irrelevant, once the difficulty is re-adjusted, the 2% will become its own 100% and have the same 10 minute window, that's the whole point of re-adjust. The fact that you/OP claimed BCC "can't survive" without hash power means you're either deliberately ignorant or was just born that way.

And how would you know who else is mining it if they don't broadcast their stats (even just mining to gamble for fortune).

You keep calling this "Bitmain Cash", but Bitcoin Cash wasn't created by Bitmain, and Bitmain is sticking to the SegWit2X agreement, all major mining pools are sticking to the SegWit2X agreement, wtf would you even expect the miners to switch over before the 2M deadline.

And that is the problem with this board, too many shill accounts talking complete nonsense.

If you don't like the coin and you want it to fail, just say so, stop spewing bullshit.

(And 127/6448 = 0.019696, so it is more like 2%, not "more like 1.5%", for fucks sake Blockstream try hire shills with at least half a brain)


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Celsiuss on August 01, 2017, 06:31:20 PM
It was doomed to fail, everything pointed in this direction. I expected it to get more support initially and die slowly, so it happened much quicker than even I expected.

I guess we can finally carry on like nothing happened, right?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: ChironRegera on August 01, 2017, 06:31:40 PM
http://blockdozer.com/insight/block/000000000000000000651ef99cb9fcbe0dadde1d424bd9f15ff20136191a5eec


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: ChironRegera on August 01, 2017, 06:33:19 PM
The Bitcoin network has forked as of block 478559 !!!!!!!!! ;D ;D ;D ;D ;D ;D


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: 25hashcoin on August 01, 2017, 06:34:30 PM
OP how about some whamburgers and french cries?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Quantus on August 01, 2017, 06:39:32 PM
OP how about some whamburgers and french cries?

You think this changes anything? Assuming they make it to the difficulty readjustment Bitcoin Core loyal miners will carry out a 51% attack or spam a attack! They been doing it to us for years its time to do the same to them x8!


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Skieleton on August 01, 2017, 06:41:42 PM
not really a fork...

more like a spoon  ;D

We have August 1 and so far BCC actually silence.12:20 UTC -> After this hour the first block of BCC was to be excavated. Did this happen? No.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Troll Buster on August 01, 2017, 06:41:59 PM
The Bitcoin network has forked as of block 478559 !!!!!!!!! ;D ;D ;D ;D ;D ;D

It's 478561 now, the 2nd/3rd block was quickly mined after the first 1.9mb block, mempool was emptied.


We have August 1 and so far BCC actually silence.12:20 UTC -> After this hour the first block of BCC was to be excavated. Did this happen? No.

LOL blocks were mined ahead of expected schedule and you morons still follow the same bullshit script like you were paid to spread FUD or something.

You shills are funny.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Amitabh S on August 01, 2017, 06:43:45 PM
interestingly two blocks were found pretty quickly compared to the first one. We are now at 478561


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: PoorLad on August 01, 2017, 06:48:56 PM
5% is not too bad just after a hardfork tbh.. However you feel about this coin, it might be beneficial to dump all initially and buy a couple hundred/thousand if it is very cheap and just let it idle in a wallet somewhere for a long time. If you had some BTC and got your free BCC, it might not cost you much or anything at all if you are really lucky.

I know im not letting a investment opertunety go away just because I dont like the coin

That's more or less how I feel. I have no need to transact right now either way, so when the time comes I'll just split them... Maybe Bitcoin Cash will be worth something, maybe not.

When you say 5%... where is your source? I haven't been able to find statistics on this. Do you know how long it will take to retarget difficulty at this rate?

Got it from OP :P No idea if it i right.

Anyway, sold all my BCC  :D


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Quantus on August 01, 2017, 06:51:03 PM
Ok 3 blocks in short order they may have redirected more hashing power to this chain.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Wendigo on August 01, 2017, 07:03:52 PM
https://cdn.pbrd.co/images/GDFUyHA.jpg


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: isoneguy on August 01, 2017, 07:04:16 PM
Ok 3 blocks in short order they may have redirected more hashing power to this chain.

you need multiple nodes, multiple pools and multiple miners...not just multiple traders....


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Troll Buster on August 01, 2017, 07:04:29 PM
It was doomed to fail, everything pointed in this direction. I expected it to get more support initially and die slowly, so it happened much quicker than even I expected.

I guess we can finally carry on like nothing happened, right?

How dare you leave out the part of the script where nobody outside Core can code, everything not Core will fail, Core is always right, Kim Jong Greg is born with special powers so he can troll around social media all day at work hours for months and still produce good work.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: bomberb17 on August 01, 2017, 07:06:08 PM
5% is not too bad just after a hardfork tbh.. However you feel about this coin, it might be beneficial to dump all initially and buy a couple hundred/thousand if it is very cheap and just let it idle in a wallet somewhere for a long time. If you had some BTC and got your free BCC, it might not cost you much or anything at all if you are really lucky.

I know im not letting a investment opertunety go away just because I dont like the coin

That's more or less how I feel. I have no need to transact right now either way, so when the time comes I'll just split them... Maybe Bitcoin Cash will be worth something, maybe not.

When you say 5%... where is your source? I haven't been able to find statistics on this. Do you know how long it will take to retarget difficulty at this rate?

Got it from OP :P No idea if it i right.

Anyway, sold all my BCC  :D

What exchange supports selling your BCC? And which client did you use to transfer your BCC there?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: PoorLad on August 01, 2017, 07:16:17 PM
What exchange supports selling your BCC? And which client did you use to transfer your BCC there?

Bittrex. Had the BTC on the exchange for quick selling so got the BCC on it automaticly aswell.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: jackfruit on August 01, 2017, 07:23:37 PM
Some people used Segwit to speculate the market and make tons of money from it. They didn't get enough and they also created a scam coin called BCC. I deeply hope to see it vanished soon by a hack or something.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: JavaScriptus on August 01, 2017, 07:25:42 PM
bcash .... ofc was/is dead... it was only done to dump BTC price,,,, but also failed..


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Kumo77 on August 01, 2017, 07:35:46 PM
What exchange supports selling your BCC? And which client did you use to transfer your BCC there?

Bittrex. Had the BTC on the exchange for quick selling so got the BCC on it automaticly aswell.

Yup, it is actively trading as we speak. I am still on the fence as to whether I should exchange for BTC or wait, watch and study.

https://bittrex.com/Market/Index?MarketName=BTC-BCC


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Basmic on August 01, 2017, 07:41:07 PM
Before August 1, I put all my bitcoins in the wallet and no one exchange my coins were gone. So I learned about sharing at the forum. I think that these altcoins are doomed to failure. They are stillborn. Is it really worth it to several months to undermine the credibility of bitcoin.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: callback on August 01, 2017, 07:50:31 PM
Yeah stillborn, dead it is. Everybody dumps it, nobodies mining it.
Its so dead, retard, that its just kicking of big time, going full tilt.
Suck a turd and get lost, whiner.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: ivrynx on August 01, 2017, 07:52:46 PM
i think bcc is another altcoin, though it happens due to a split, it still needs mote time for it to be a competrtor of bitcoin, no one might use it since bitcoin is still herr and further developing, bitcoin is still the future of cryptocurrencies.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Quantus on August 01, 2017, 07:55:49 PM
is it me or is /r/Bitcoin down?

nvm...

yeah looks like its alive after all but for how long?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: bitfish on August 01, 2017, 08:16:18 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

EPIC FAIL of your claim. As usual, BCT is an excellent contra indicator. ;)


https://i.imgflip.com/1tf6on.jpg


Contrary to your claim, BCH is alive and kicking. Now there is competition between BTC and BCH for devs and for fresh ideas. As a long time B&H investor I really love it.
The sum of booth will be more valuable then the single parts. Pretty good for the crypto world. Watch the total crypto market cap at https://coinmarketcap.com/charts/ going up to new AT highs "very soon"(TM)

GO cryptos, GO!  ;D


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Quantus on August 01, 2017, 08:25:06 PM
I maintain that if it hopes to survive it needs 20% of the bitcoin networks Hashrate.

Look if the price can break 400$ then yeah it could survive.

I need some sleep. Lets see what happens over the next 48 hours. If I'm wrong it won't be the first or the last time.

but even if it survives its still just a shitty alt coin in my book.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Wendigo on August 01, 2017, 08:32:04 PM
I maintain that if it hopes to survive it needs 20% of the bitcoin networks Hashrate.

Why do you think that? When the difficulty is readjusted the weak current hashrate won't bottleneck the speed of finding new blocks.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: coolcoinz on August 01, 2017, 08:32:13 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

EPIC FAIL of your claim. As usual, BCT is an excellent contra indicator. ;)


https://i.imgflip.com/1tf6on.jpg


Contrary to your claim, BCH is alive and kicking. Now there is competition between BTC and BCH for devs and for fresh ideas. As a long time B&H investor I really love it.
The sum of booth will be more valuable then the single parts. Pretty good for the crypto world. Watch the total crypto market cap at https://coinmarketcap.com/charts/ going up to new AT highs "very soon"(TM)

GO cryptos, GO!  ;D

It has grown quite a bit since the launch. I wouldn't buy it though, you will be disappointed with this altcoin.
Also, why are you calling it BCH? I can see it listed everywhere as BCC, for example on bittrex: https://bittrex.com/Market/Index?MarketName=BTC-BCC


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: michkima on August 01, 2017, 08:35:32 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

EPIC FAIL of your claim. As usual, BCT is an excellent contra indicator. ;)


https://i.imgflip.com/1tf6on.jpg


Contrary to your claim, BCH is alive and kicking. Now there is competition between BTC and BCH for devs and for fresh ideas. As a long time B&H investor I really love it.
The sum of booth will be more valuable then the single parts. Pretty good for the crypto world. Watch the total crypto market cap at https://coinmarketcap.com/charts/ going up to new AT highs "very soon"(TM)

GO cryptos, GO!  ;D

It has grown quite a bit since the launch. I wouldn't buy it though, you will be disappointed with this altcoin.
Also, why are you calling it BCH? I can see it listed everywhere as BCC, for example on bittrex: https://bittrex.com/Market/Index?MarketName=BTC-BCC

Are we really discussing "bitmain cash" or are we still on bitcoin cash? I am confused now if bitmain did make a coin of their own. I though bitcoin cash was a viabtc thing and no body else made another fork. Anyway, even BCC are fails in my opinion. BTC still rules and they can't change that. Unless they pull out so much hash power out of bitcoins, but I don't think stakeholders would want to do that.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: kensai7 on August 01, 2017, 08:37:50 PM
I maintain that if it hopes to survive it needs 20% of the bitcoin networks Hashrate.

Look if the price can break 400$ then yeah it could survive.

Is there something special happening at 20% hashrate (or $400) or are they simply ballpark limits of yours?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: xFiber on August 01, 2017, 08:44:38 PM
https://image.prntscr.com/image/YtKzcn-UTROVg-1AXncBlQ.png


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: jackfruit on August 01, 2017, 08:50:59 PM
Lol, it is listed on bittrex now, and its movement is exactly like scam altcoins. I won't be surprise if BCC community soon say that max coin amount is too low and they need to double it :)


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: aesma on August 01, 2017, 08:52:55 PM
I maintain that if it hopes to survive it needs 20% of the bitcoin networks Hashrate.

Why do you think that? When the difficulty is readjusted the weak current hashrate won't bottleneck the speed of finding new blocks.

But BTC loyalists can easily make a 51% attack on it.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: rouhaud on August 01, 2017, 08:54:24 PM
Bitcoin Cash supporters are ether in denial or they are paid shills. This shit coin won't last a week if it survives the next 24 hours.

sure it will survive. Do you think juhan and all his diciples will pour so many billion dollars in the toilet? no. They are smarter than you are (probablly), and will come out of this mess richer than before. The question is only how they are going to do it.



waiting that some poor boys invest in it and
reinvesting their bcc in btc just at an ATH?!?
like every whale


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: HeRetiK on August 01, 2017, 09:27:13 PM
I maintain that if it hopes to survive it needs 20% of the bitcoin networks Hashrate.

Look if the price can break 400$ then yeah it could survive.

I think you mean 0.2 BTC, fiat has no power here :)

To stay relevant, BCH definitely needs at least 10-20% of BTC's hashrate. To survive, it would probably stick around even with less than 5% of BTC's hashrate because pumpers don't care much about decentralization.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: isoneguy on August 01, 2017, 10:15:43 PM
I maintain that if it hopes to survive it needs 20% of the bitcoin networks Hashrate.

Look if the price can break 400$ then yeah it could survive.

I think you mean 0.2 BTC, fiat has no power here :)

To stay relevant, BCH definitely needs at least 10-20% of BTC's hashrate. To survive, it would probably stick around even with less than 5% of BTC's hashrate because pumpers don't care much about decentralization.

technically it just needs 3 pools 3 nodes and 3 miners...and a little love. ::)


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: bitcoinvestor on August 01, 2017, 10:43:45 PM
Hey , what are you talking about. BCH is good coin, it is the true BTC. Alright. Many news support this coin. How can say that BCH will be dump in the short time. That's potential coin that can dump BTC. Bitmain is a big boy in bitcoin industry. Let's keep BCH It is good investment in the long term . 100 years later it is the biggest asset.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: bitfish on August 02, 2017, 02:33:20 AM
EPIC FAIL! Hahaha...
The price of Bitcoin Cash is very far from expectations and it seems will not last long and then sink. :o

LOL. What "expectations" are you talking about? I had zero expectations but a hand full of BTCs in my wallet, waiting for getting some cute BCH babies.
Currently those BCH babies wouldn't be buying me more than some cheesy pizzas. ;)





https://kylekittredge.files.wordpress.com/2015/09/thumb_dsc_0287_1024.jpg









Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: care2yak on August 02, 2017, 02:49:14 AM
It's trading live at BitTrex and the price is moving up fast... From $200 something, it has gone up to $511.75 and still moving up...

https://i.imgur.com/i8uTlhO.jpg


It's a bubble, right? How low would it go when bubble gets pricked? Would it survive --- and thrive? I suppose it would. Etc was a minority chain, and it's thriving. Perhaps BCH will too.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: bitfish on August 02, 2017, 03:13:43 AM
It's trading live at BitTrex and the price is moving up fast... From $200 something, it has gone up to $511.75 and still moving up...


It's a bubble, right? How low would it go when bubble gets pricked? Would it survive --- and thrive? I suppose it would. Etc was a minority chain, and it's thriving. Perhaps BCH will too.

In between our stillborn baby has been moving up to 5th volume spot at coinmarketcap https://coinmarketcap.com/currencies/views/all/
Will be dropping dead tomorrow, I'm 100 % sure ;)



Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Thatstinks on August 02, 2017, 03:18:09 AM
I think its still just starting, maybe $1k+ coming!


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Amevalentine on August 02, 2017, 03:33:23 AM
It's trading live at BitTrex and the price is moving up fast... From $200 something, it has gone up to $511.75 and still moving up...

It's a bubble, right? How low would it go when bubble gets pricked? Would it survive --- and thrive? I suppose it would. Etc was a minority chain, and it's thriving. Perhaps BCH will too.

In between our stillborn baby has been moving up to 5th volume spot at coinmarketcap https://coinmarketcap.com/currencies/views/all/
Will be dropping dead tomorrow, I'm 100 % sure ;)
I still doubt this coin will last longer.
But seeking the volume in the last 2 days showing increasing, like some people want to get profit quickly.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: bitfish on August 02, 2017, 03:43:01 AM
I think its still just starting, maybe $1k+ coming!

Nice volume. https://coinmarketcap.com/gainers-losers/   
BTW: We might see new total crypto AT high next week. 

Lambo/Tesla dealerships please be prepared this week for new buyers ;)

https://i.imgflip.com/1tfu91.jpg




Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Thatstinks on August 02, 2017, 03:55:22 AM
Volume was great so far considering the hold ups still which again leads me to believe if the trading opens wide up we will see that volume increase X+ times and see a much higher price.

I am not justifying price or promoting it over anything just stating what I see/feel regardless of the talk here.

The smart thing isn't to take $XXX and move on, may be leaving a lot on the table. 


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: yogg on August 02, 2017, 08:29:30 AM
I think it is more stinky that a simple altcoin launch. There are secrets interest hidden in the Core of this non-event.
Some do not want to lose their advantage.
Are you aware about ASICBOOST ?

Bitcoin Cash supports it, while SegWit makes it ineffective.
ASICBOOST is a BitMain technology.

Quote
TLDR; Bitmain wanted to push Segwit either through a hard fork, or in Extension Blocks which would be compatible with their ASICBoost. A soft fork of Segwit, which is by far the safest option, isn’t compatible and they would lose their advantage over other miners.
(Source (https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f))


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: aesma on August 02, 2017, 08:51:51 AM
Volume means many people are selling, and many people are buying. Everybody on the forum I've read about so far is either dumping or holding.

So who is buying ?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: HeRetiK on August 02, 2017, 09:46:14 AM
BCH is surprisingly resilient, looks like it's far from being a stillborn. Still too soon to tell how well it will fare though, current evaluations are useless without people being able to deposit BCH into exchanges.

So who is buying ?

Definitely not buying, but should have waited for the bounce before parting with what little BCH liquidity I had available -_-


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Vishnu.Reang on August 02, 2017, 09:50:23 AM
EPIC FAIL! Hahaha...
The price of Bitcoin Cash is very far from expectations and it seems will not last long and then sink. :o

What, you were expecting it to list at $3,000 per coin? In that case either you are retarded or you know something about BCH which no one else is knowledgeable about. To tell the truth, I was expecting it to list at around $20-30. The current prices are almost 20 times more than my expectation.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: hatshepsut93 on August 02, 2017, 09:55:24 AM
Volume means many people are selling, and many people are buying. Everybody on the forum I've read about so far is either dumping or holding.

So who is buying ?

This price doesn't mean anything now, because most exchanges still haven't enabled their BCH wallets, so only people who held BTC on those exchanges and got BCH credited to their accounts can sell. Basically, it's not open market yet.
As for who buying - the answer is speculators, crypto markets are well knows for their volatility, so bubbles, pumps and dumps are nothing new. Rememeber, shitcoins rise and fall, Bitcoin is here to stay.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Lorna Morgan on August 02, 2017, 09:58:45 AM
Volume means many people are selling, and many people are buying. Everybody on the forum I've read about so far is either dumping or holding.

So who is buying ?

I am ...


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: rouhaud on August 02, 2017, 10:12:15 AM
It's trading live at BitTrex and the price is moving up fast... From $200 something, it has gone up to $511.75 and still moving up...

It's a bubble, right? How low would it go when bubble gets pricked? Would it survive --- and thrive? I suppose it would. Etc was a minority chain, and it's thriving. Perhaps BCH will too.

In between our stillborn baby has been moving up to 5th volume spot at coinmarketcap https://coinmarketcap.com/currencies/views/all/
Will be dropping dead tomorrow, I'm 100 % sure ;)
I still doubt this coin will last longer.
But seeking the volume in the last 2 days showing increasing, like some people want to get profit quickly.

we have to take in consideration that it's still difficult to deposit it on exchange,
So the amount that can be buy right now is far below the real supply.
for example, on Bittrex, the only supply available is the ones created by the bitcoin on the platform at the time of the fork.
in a short term perspective, i think when Bittrex will allow people to deposit it will crash.
for long terms, time will tell us ;)


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: yogg on August 02, 2017, 12:37:20 PM
I deposited my BCC on ViaBTC to dump them, but could not withdraw the freshly earned BTC. It said that the BCC deposit is not confirmed yet. (Over a ~12hr period and despite the 6/6 confirmations required)
In the end, I managed to withdraw my coins. I sold BTC for CNY and bought LTC with the CNY.
Then I dumped the LTC to get the BTC ...

I mean, what the heck ? Did ViaBTC deliberately suspended BTC/BCC withdrawals ? To what end ?
Bittrex BCC wallet is in maintenance.
How is the situation on Bitfinex and other exchanges ?

Beside the only >1MB block with ~6k transactions, there is no block having more than 1k txs. Despite the fact that only about 10 BCC blocks were mined in total.

I'm not sure where this all thing is going, but it smells like another proprietary bullshit (ASICBOOST) mixed with a fractionnal reserve scheme.
If Roger Ver is buying all, or most, then he'll sit on a mountain of crap with no demand in market.

I clearly don't believe in the success of this ... i'm not even sure how to call that.
There is no other words for this beside "pile of monkey fuck".


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: dennyd999 on August 02, 2017, 12:56:54 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

Perfect  :)

I did expect this, but now I can be sure :)

If BCC will cost more it is better for everone. Isnt it?


How you like the price now? On Kraken it rise from 100$ to 600$.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: aesma on August 02, 2017, 12:59:12 PM
yogg : what wallet did you use ?

I installed electron cash, it seems to work, however there is no option to import private keys, only sweep. The problem is you don't control the fees, from the amounts listed in the preview they're high, even higher than BTC fees !


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: care2yak on August 02, 2017, 01:04:38 PM
EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

Perfect  :)

I did expect this, but now I can be sure :)

If BCC will cost more it is better for everone. Isnt it?


How you like the price now? On Kraken it rise from 100$ to 600$.

exchange rates a few minutes ago...

https://i.imgur.com/uoKCzTn.png


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: yogg on August 02, 2017, 01:09:53 PM
yogg : what wallet did you use ?

I installed electron cash, it seems to work, however there is no option to import private keys, only sweep. The problem is you don't control the fees, from the amounts listed in the preview they're high, even higher than BTC fees !

I hold my BTC on a Trezor Wallet. They offered an option to send BCC after the fork.
My transaction was included in the 1st BCC block.

Damn we are about 24hr after the fork officially happened and BCC shat only 11 blocks out.. gosh .. *facepalm*

Why so much FUD for this ??


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: dennyd999 on August 02, 2017, 01:11:01 PM
OMG on Bittrex and Yobit its allready more than 1000$ :)))

Do not forget that this money is just because of split..Its free!!

How you can say that this is shit, if this shit give you a shittone of real cash!


Congrates comrades. Thanks Roger!


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: sylance on August 02, 2017, 01:16:59 PM
OMG on Bittrex and Yobit its allready more than 1000$ :)))


Well... it's still rather difficult to trade BCC so I don't think the price will settle here.  I'm not saying it's going to crash but I don't believe this is the real price point.  Definitely one to watch though!


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: aesma on August 02, 2017, 01:17:27 PM
dennyd999 : so you think that from yesterday to today billions of dollars have been somehow added to cryptoland ?

From where did that money come from ?


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Cult on August 02, 2017, 01:24:43 PM
dennyd999 : so you think that from yesterday to today billions of dollars have been somehow added to cryptoland ?

From where did that money come from ?

It's the miracle of the multiplication of money by the Bitcoin Jesus, he double all of our coins with one simple fork, it doesn't require explanation, it's a miracle.

Roger, can you double my Litecoin also? That would be great.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: Quantus on August 02, 2017, 01:48:47 PM
There have been only 12 blocks mined since the hard fork.

This is the reason the price is so high. No one can move BCC fast enough to dump it.

At the current rate it would take two days (standard 20 confirmations for the shitcoin network) to move BCC from a private wallet to an exchange to dump it.

The vast majority of Bitcoin Users HODLers* hold Bitcoin in private wallets on full node clients.

I stand by my claim that this scam coin is dead.

Over the next 24 hours you will see this shit coin crash harder then any shit coin in the history of crypto.

Ether take or ignore this advice but you do so at your own risk. 


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: erre on August 02, 2017, 01:55:47 PM
I deposited my BCC on ViaBTC to dump them, but could not withdraw the freshly earned BTC. It said that the BCC deposit is not confirmed yet. (Over a ~12hr period and despite the 6/6 confirmations required)
In the end, I managed to withdraw my coins. I sold BTC for CNY and bought LTC with the CNY.
Then I dumped the LTC to get the BTC ...

I mean, what the heck ? Did ViaBTC deliberately suspended BTC/BCC withdrawals ? To what end ?
Bittrex BCC wallet is in maintenance.
How is the situation on Bitfinex and other exchanges ?

Beside the only >1MB block with ~6k transactions, there is no block having more than 1k txs. Despite the fact that only about 10 BCC blocks were mined in total.

I'm not sure where this all thing is going, but it smells like another proprietary bullshit (ASICBOOST) mixed with a fractionnal reserve scheme.
If Roger Ver is buying all, or most, then he'll sit on a mountain of crap with no demand in market.

I clearly don't believe in the success of this ... i'm not even sure how to call that.
There is no other words for this beside "pile of monkey fuck".

You have to wait 20 confirmation on bcc network before withdraw your funds. Deposits on viabtc are confirmed after 6 blocks on btc and 20 on bcc network


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: DocSnyd3r on August 02, 2017, 02:08:48 PM
yogg : what wallet did you use ?

I installed electron cash, it seems to work, however there is no option to import private keys, only sweep. The problem is you don't control the fees, from the amounts listed in the preview they're high, even higher than BTC fees !

It is possible to create a new wallet based on private key. Import into seed wallet makes no sense and is not possible.

On the other hand with 12 mined blocks so far it might take weeks to safely move this coin. No block for > 12h cant say for sure since explorer is not working.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: rouhaud on August 02, 2017, 02:25:46 PM
yogg : what wallet did you use ?

I installed electron cash, it seems to work, however there is no option to import private keys, only sweep. The problem is you don't control the fees, from the amounts listed in the preview they're high, even higher than BTC fees !

It is possible to create a new wallet based on private key. Import into seed wallet makes no sense and is not possible.

On the other hand with 12 mined blocks so far it might take weeks to safely move this coin. No block for > 12h cant say for sure since explorer is not working.

on electron it's possible to import with seed, you just need to check the BCC node,the wallet follow the BTC nodes by default
to do that double click on the network status icon (green round one in the right bottom) and select the BCC node


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: DocSnyd3r on August 02, 2017, 02:29:36 PM
private key import also possible but you need to choose new wallet for that.
I already moved BCC/BCH around while there were still blocks generated.

Without more hashpower this thing is dead. If difficulty drops too far it can be attacked.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: coolcoinz on August 02, 2017, 03:34:50 PM
OMG on Bittrex and Yobit its allready more than 1000$ :)))

Do not forget that this money is just because of split..Its free!!

How you can say that this is shit, if this shit give you a shittone of real cash!


Congrates comrades. Thanks Roger!
It won't give you anything. You can't deposit and even if you could you'd have to wait 11 hours for a confirmation. It's just pumped to the limits by limited supply. There are 2 outcomes. 1 it will be so slow that people will basically be unable to cash out. 2 it will be faster, but this will allow people to cash out and lower the price.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: aesma on August 02, 2017, 04:40:53 PM
I don't have seeds as my addresses aren't generated that way. In Electrum I can add private keys to an existing wallet (that will of course not be backuped by the seed), it seems Electron doesn't allow this.

private key import also possible but you need to choose new wallet for that.

Thanks, I will try this.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: michkima on August 02, 2017, 04:46:20 PM
I don't have seeds as my addresses aren't generated that way. In Electrum I can add private keys to an existing wallet (that will of course not be backuped by the seed), it seems Electron doesn't allow this.

private key import also possible but you need to choose new wallet for that.

Thanks, I will try this.

If electron works anything like electrum, then they will have an option for you to import private keys through creating a new wallet.
In electrum, you have to create a wallet with the option to add your private keys. I've not done this on electron, but it may work.
I don't want to use that program since electrum has already warned about the possible dangers of using it.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: DocSnyd3r on August 02, 2017, 04:47:08 PM
2 new blocks within short time and Bitfinex is trading now, still without deposits passible.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: drlukacs on August 02, 2017, 04:59:58 PM
I don't have seeds as my addresses aren't generated that way. In Electrum I can add private keys to an existing wallet (that will of course not be backuped by the seed), it seems Electron doesn't allow this.

private key import also possible but you need to choose new wallet for that.

Thanks, I will try this.

If electron works anything like electrum, then they will have an option for you to import private keys through creating a new wallet.
In electrum, you have to create a wallet with the option to add your private keys. I've not done this on electron, but it may work.
I don't want to use that program since electrum has already warned about the possible dangers of using it.
If you transfer your balance in address the private you used for claim Bitcoin Cash, I think not have any issue about it because until today I not see loss my Bitcoin or Bitcoin Cash after use Electron Cash.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: aesma on August 02, 2017, 05:12:17 PM
I have moved all my BTC so I would only be risking the BCC.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: toltec3000 on August 02, 2017, 06:28:49 PM
I tried to sweep some private key in electron-cash wallet, after long time two blocks were mined and I have two confirmations on the blockdozer, but electron wallet says still zero, how many confirmations you need to see bcc in the wallet ? some even say electron wallet is a scam, but at least i managed to get the private key to that public one whee its swept. so still hoping it will appear one day... unfortunately guess that time is bcc not worth of 0.4 btc not by a chance....


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: DocSnyd3r on August 02, 2017, 06:40:44 PM
you are on the wrong chain read, it's all over here...


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: exstasie on August 03, 2017, 06:19:06 PM
private key import also possible but you need to choose new wallet for that.
I already moved BCC/BCH around while there were still blocks generated.

Without more hashpower this thing is dead. If difficulty drops too far it can be attacked.

Well, there's been 40+ blocks mined now and several difficulty adjustments. It seems the Bitcoin Cash blockchain is running fairly smoothly now. Regarding the possibility of attack: People said the same thing about Ethereum Classic. Chandler Guo even threatened a 51% attack openly, but no such attacks materialized.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: CowboyKiller on August 03, 2017, 06:33:53 PM
private key import also possible but you need to choose new wallet for that.
I already moved BCC/BCH around while there were still blocks generated.

Without more hashpower this thing is dead. If difficulty drops too far it can be attacked.

Well, there's been 40+ blocks mined now and several difficulty adjustments. It seems the Bitcoin Cash blockchain is running fairly smoothly now. Regarding the possibility of attack: People said the same thing about Ethereum Classic. Chandler Guo even threatened a 51% attack openly, but no such attacks materialized.
But with blocksize 8 MB large as Bitcoin Cash, 51% attack is possible and this issue has warning before have Bitcoin Cash, I remember this warning have from the event Bitcoin Unlimit.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: arpon11 on August 03, 2017, 06:51:04 PM
If you follow the market especially on https//coinmarketcap. com you will agree with me that bitcoin Cash was not well plan. It is stiborn as many are just waiting for it to be exchange and covert it to bitcoin. I don't think there is any hope for them to over turn bitcoin core.


Title: Re: Bitmain Cash was stillborn. (ITS DEAD!)
Post by: speaktome on August 04, 2017, 01:06:16 AM
Not very profitable for mining operations to switch to BCH, saw this coming from a mile away.
Probably not now but could occur a  difficulty adjustement in case of hashrate drop, besides as it is mentioned somewhere: the hashrate supporting the chain is dependent on market price and hard to predict.In order to make sure the chain remains viable no matter what difficulty needs to adjust down in case of abrupt hashrate drop,then maybe it will only take more time to be profitable.