Bitcoin Forum

Well it certainly has got the support. No. in the market cap already, and the value is great, especially if you think it is an altcoin.
So we can all agree that bitcoin cash is doing alright as an altcoin?

There are more new topics about Bitcoin Cash in the Bitcoin Discussion board rather than topics about bitcoin.
We can all agree that Bcash is an altcoin,so all the topics about BCH should be moved to the Altcoin related forum boards.
Anyway,bitcoin cash value will decrease very soon.People start complaining that there`s no place to sell their BCH. ;D

it is too soon to say, there hasn't been that many blocks mined, and most importantly there have been an extremely small number of transctions in total on bitcoin cash network.

let some time pass, and let people claim their BCC tokens and start selling then we can give opinion on whether or not it is doing well.
and besides none of the exchanges that i've checked allow deposits of BCC yet.

What else could it be, other than an altcoin?  Air dropping into 4th place market cap is a remarkable feat, but give it a week and then declare how it is doing.
How many blocks does it have in its chain?

Amazingly BCC did very well, No3 now just after bitcoin and ethereum. I guess it will take a few weeks to see how stable it is. It's a good altcoin though ;)

Bitcoin cash will be fine and BCH is an altcoin that will have a price above average, I will hold it in the next few days and will see the development of this altcoin, hopefully its development will continue to run in a positive direction.

Grrr. It is getting messy in the bitcoin discussion thread.
There is also an altcoin discussion since it is already concluded that it is an altcoin.
Hi there, moderators. Let us go back to the way it should be.
This might affect the bitcoin value if it spreads more.

I think that BCC price would be just pumped high to divert bitcoin holders attention.In reality,it would lose its value soon and get disappear.Since most big exchanges have already said that they won't support BCC,i think that BCC holders should have to wait for their coin to be listed in any of the exhanges and by that time,it would have lost its value Ha Ha Ha.

https://cash.coin.dance/blocks
12 blocks mined

That could happen but it could also be pumped to > $1000 once the Chinese exchanges make it available for trading. The good thing is we have more $ or BTC. The bad thing is there will be 2 BTC in at the top 2 of coinmarketcap.com. It will further add to the confusion.

Does BCC use the same symbol as BTC?

As for today BCC and BTC have tye same symbol

BCC was designed to take place from Segwit Bitcoin which is not Bitcoin at all (it's in definition listen to Peter Rizun recent speech). That's why we're discussing Bitcoin Cash in Bitcoin thread, coz we think of him as of a rightful heir!

There is nothing we can tell after such a short time period. I give it a month or two before we get a good picture of it's stability.  :P

Can anyone comment on when difficulty will readjust? I heard the Bcash devs adjusted the difficulty algorithm, but I'm too much of a layman to see it in the code. 3 hours without a block -- ouch.

I think things will look much more interesting once difficulty readjusts on Bcash. Then it'll be "business as usual" on both chains, and we can see a more efficient market develop. For now, these illiquid markets don't mean much.

Guys, somebody has already registered REcoin Trust?Read that this crypto currency is already officially recognized by the US authorities!

That is right, we can't tell what might happen to these new altcoin forked out of the blockchain, all we gonna do now is wait. And just after a few months, another debate will happen and also the fork will be official for the Bitcoin Cash.

It seems that bitcoin cash runs well and sesai with what we want, but I rather believe in bitcoin than the bitcoin cash

If its an altcoin then definitely it will follow the pattern of almost all of it, simply a pump and dump coin. I don't think it will disappear though but without a doubt it will lose its value immediately. I saw that it has dropped to $200, pretty clear that it has no support from the get go.


I have to agree. It should be moved to Altcoin section where it belongs to. Maybe a few exchanges may list BCC or BCH for whatever reason, but its not a guarantee that will get a lot of support. Of course greed will take over for most and so this coin will be pump hard. I'm just hoping that if you join the boat, you need to have a exit strategy otherwise you might be trap for long like what happened for some who is still trapped in ETH because they bought it when the hype around it is so big, now the price is just above $220. How can you go out without incurring losses when you have bought it around $300? This scenario will likely happen to BCH as well in the future.

According to what I have seen in some exchange sites, Bitcoin cash is doing great. Its value keeps on rising up but since it is an altcoin, there will be pump and down. Let us see what will really happen after a few weeks. But for now, Bitcoins is still the best for me.

I saw the price Bitcoin cash lately, the price was quite lower than the Bitcoin. The progress of the value was digitally higher and the price will higher after a while. That was my estimation, it is doing okay. Around $500 per Bitcoin cash. This coin will adopt by all nations and will use by all people. Bitcoin cash is coming in our hand.

I agree maybe bcc is just okay today but soon it will decrease and people will get shock about it. Even Bitcoin cash is doing well right now it still consider as an altcoin. You can see some infos to other thread here about bitcoin cash.

Once people are able to deposit their BCH onto exchanges and dump, it will take a massive dive at least for a bit.

It's the fact that there is no relationship with bitcoin, it was not created by splitting from bitcoin on August 1st, 2017. It remained before that time (August 1st). Some people tried to make it as to be splitted from bitcoin to get benefit when they promoting and make it raised the price then they sold them out to get profit. Bitcoin cash is an altcoin and have no relationship with bitcoin. Please look at the reality and don't be fantastic any more! The Segwit is to improve blockchain in the speed of money transfer not relevant to bitcoin cash. If someone said it was splitted from bitcoin why our bitcoin did not loose its volume. I have some bitcoin and after August 1st, I still have them without changing volume (reduce volume). Bitcoin cash is cheap coin and will fall the price down quickly when people know the truth about its origin.   ;D ;D ;D

Thank you for the free money, we should make a fork every month.

These guys are market geniuses, they just created $7 billion out of thin air.

Now this bitcoin cash goes well, and the value keeps improving probably because of altcoin. Maybe we see the next few weeks for just days, bitcoin is the best for me to its fore.

I don't think people will sell their bch rightaway. I guess now the currency is doing so well due to two reasons. The first one is that miners are probably getting obsessed with such an easy mining of a newly released coin, so the activity becomes super-profitable. Second is thing is that bitcoin is now an upgraded version of what it used to be and I have seen respected members of the forum willing to turn to bitcoin cash now, as it is closer to what btc is supposed to be. They probably have lots of funds, so they invest in the currency. I think they can be compared to those people in "Doctor who", who were running away from cybermen, because those are obsessed with upgrades and are not people anymore, you know.

Hello to all.

I have one question about Bitcoin cash and this fork which in my logic I really can't understand.

Before for BTC got about 44.000.000.000 $ market capital, then become fork-split and about 15% of owners get Bitcoin cash for free, ok. Now how is possible that that Bitcoin cash have 7.000.000.000 $ market capital and BTC didn't lose anything. People receive free coin, but who give that 7.000.000.000$? is that imaginary with pomped value (no real value)?

Or people receive Bitcoin cash with value 0$ and one some put into that 7.000.000.000$ and make value of 350$ for one coin.

Please explain me.

It's the miracle of the markets, Bitcoin Jesus just multiplied our coins and created a shit load of money from nothing to save us from small blocks.

Don't search for explanation, you just need to believe in Bitcoin Jebus.

I have the same question, and its extremely problematic to explain this to a old-school economist, an external observer may think they made "money" out of air, not just one time, every hard fork may have this ability,  this doesnt generate the needed trust in the ecosystem, real investors will go out of the space if this kind of practises persist. :-\

Until now ,i didn't understand that bitcoin cash or bch or bcc thing, will do more readings about . I didn't know how can it effect crypto or it will be like another alt. Will do research on it for now I will just keep on to my btc.

Yes I think the bitcoin cash is fine. May now be increasing, giving many advantages for bitcoin shareholders.

Apart from BTC regular readjustment every 2 weeks, they added some code so difficulty will be reduced by 20% if there are not 6 blocks solved in the last 12 hours. It's better explained here: https://steemit.com/bitcoin/@boxxa/bitcoin-cash-difficulty-error

Regards

it there transaction broadcast like as https://blockchain.info/pushtx for bcc?

Yes, it is performing good in terms of growth and no doubt about it but considering a long term scenario, I don't see any future for the BCH as compared to the BTC but there is a possibility that BCH might perform well in alt-coin categories. Last time I checked, it was 78%+ in terms of price and I think it might cross $600 mark within a month but still when it comes to the long term, I would support BTC.

Dumb money might start pouring in from new investors who see BCC as a more 'affordable' bitcoin.

Good or bad I agree it would be too early to jump on such conclusions. I think we need to wait some more time before we can be sure whether it's going to keep it's position which it has right now or not.

We havent sure about that yet, most people complained that its still hard to find the exchanger to dump bitcoin cash, once the exchanger works well, there will be a huge dump and bitcoin cash will slide down and become an usual alt coin

BCH seems to be doing extremely well at this very moment but like most have pointed out, most exchanges have not allow depositing of the coin yet so investors who want to dump aren't able to do so yet. Still no denying that BCH is ranking high currently though! Personally I think on average BCH won't drop below $80 even when the trading starts but it would be very interesting if BCH drops below to LTC or Monero level. I think maintaining at Zcash or DASH level is extremely possible.

Yes, BCH is currently running very well. Other than that the price rates were spelled out very well. I was unlucky not to save Bitcoin during the forking process. Bitcoin cash can be an altcoin that will blend etherum with its popularity.

Why so many negative opinions on BCH...

BTC obviously has a scaling problem, and the hard core BTC fanboys would want BTC to last the mile.

BCH supposedly mitigates the problems BTC has had, allowing blockchain technology to go mainstream.

BTC will not die.

I see BTC and BCH working together like Gold and cash did before the central bankers got their greasy mits on them 100 years ago, throuhg the federal reserve act.

BTC for storage of value and BCH for day to day transactions...

How is that not a good scenario for all. Especially considering every BTC owner got the eqiuivelant amount in BCH..

It is it the idiots that moved thier BTC to other altcoins because of FUD that are throwing their toys out of the cot and making these negative comments? lol

bch or bcc has one way to centralization and controll by bitmain only also bitmain want to kill bitcoin

I guess we can say that bitcoin cash is doing great since it already reached a 10 million market cap which make it at the top 3 position of highest market cap. Also, Its price is continuing to rise and we can clearly see that it has a high potential to reach even higher price. Maybe we can hope for few months it will surpass etherium at the market.

Bicoin cash pricing is thru the roof! Will be interesting to see what it's like once everyone secures their BCH.

Yup dumped all my BTC for BCC, already making a good profit. BTC will start to see its value decline as BCC will be building on its market cap

I think it is too early to tell, but it is definitely doing better than people expected. I think the people that sold early are regretting it now.

You're right. It hasn't proven anything yet. The gap between bitcoin and bitcoin cash is quite different and it is only a probability case right now. Thesedays I hear many negative comments about bitcoin cash because if that will prevail, the have many adjustments in terms of transactions and conversions to a real money from their wallets.

Which people? You can't sell it yet. That's the whole problem.

The entire transaction volume is less than 500 BCH. I don't know how many early adopters hold more than that, but I know there are a lot of peole eagerly anticipating to sell their stake.

It is too early to say, people thought they would receive their bcc imediately after the fork without knowing if exchanges have enough, It will be a while yet before one can tell how it is performing.

The people that had BTC on the exchanges like Kraken before the split. I believe a few exchanges issues IOU BCH tokens. So, those people were able to buy and sell.

The price is pumped right now and hype is there, I think the price will decline during the next weekend. Many folks just want the free money from this airdrop!

I was thinking the same thing. In other words, to whom can we sell our BCH if no one seems interested to buy? Abstacted money out of thin air...

Bitmain want them all. Planning asicboost. thats why they need to fork.
Jihan plays very hard. They now gambling against bitcoin community.
If they can hold their mining power fully on bcc and not dump then bcc will survive. Otherwise you know....

BCC/BCH is pretty dead right now, no new blocks (still only 12 then it froze).

Artificial high price since no one can move this coin. Moving to a market can take a week at this rate and is still not enabled yet.

What are you folks talking about ??
BCC is trading like crazy on Bittrex ..
Volume is over 54,000 BTC worth on that one exchange
That's $1.4 Billion in value ..
Can't just be bot vs bot ..

Triff ..

I am also looking at this. I cant even transfer my bcc from one wallet to another. This can be for 4 hours and the confirmation rate is coming at such a slow speed. It is worse than a lot of the other coins, not just compare to btc. Hope they can do something about this.

Now the roller coast ride is starting. Its interesting to observe this sudden hype over it.

So this time you should have kept your BTC with an exchange! How ... fitting.

It's probably the same handful of people that are trading the same IOU tokens among themselves (as you can't withdraw any BCH yet). That explains the swings.

Ahah I was thinking exactly the same thing. The ones who risked to put their money on exchanges got the biggest reward. We, who trust only in ourselves and preferred to take control of our private keys putting all our money on our own wallets, well, we have been screwed so far...  :o

BCC is the best way that bitcoin has introduced as you said that would we consider bitcoin cash as an altcoin so I would say that they are two option bitcoin cash is by bitcoin. So we can say that it is the child board of bitcoin and another we can say that this is an altcoin which is introduced by bitcoin. But the most matching sentence is that it is by bitcoin which is called child board of bitcoin.