MSM always misleading Average Joe... http://money.cnn.com/2017/08/01/technology/business/bitcoin-cash-new-currency/index.html?iid=ELWhat it means for consumers and businesses
Anyone who owns bitcoin will also own the same number of Bitcoin Cash units. However, not all bitcoin exchanges (where people store their bitcoin) will accept Bitcoin Cash, and that could potentially hinder the widespread adoption of the new digital currency. bitcoin exchanges (where people store their bitcoin) bitcoin exchanges (where people store their bitcoin) |
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HitBTC allows BCC deposits.
Price of BCC on HitBTC is $239.
LOL it's been allowing deposits since yesterday night. I was here yesterday complaining the second confirmation was never coming... I just left a limit order there at 0.25 and it was fulfilled this morning. Sold half my bcc. Other half is already under 0.48 limit order, let's see whenever it fulfills...
Where can I dump? Most exchanges that I checked are not accepting BCC deposits. I tried to sign up for VIABTC and I keep getting an error "Don't try too frequently." WTF, I got this error on the first try. How is that too frequent?
hitbtc is accepting deposits, but I transferred my free bcc 2 hours ago and only got 2 confirmations. Such a fiasco! |
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https://www.reuters.com/article/us-eu-banks-deposits-idUSKBN1AD1RSEU explores account freezes to prevent runs at failing banks BRUSSELS (Reuters) - European Union states are considering measures which would allow them to temporarily stop people withdrawing money from their accounts to prevent bank runs, an EU document reviewed by Reuters revealed. The move is aimed at helping rescue lenders that are deemed failing or likely to fail, but critics say it could hit confidence and might even hasten withdrawals at the first rumors of a bank being in trouble. The proposal, which has been in the works since the beginning of this year, comes less than two months after a run on deposits at Banco Popular contributed to the collapse of the Spanish lender. Bullish?
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And BCC is already 3rd @ coinmarketcap, already passed Ripple.
Funny that they're using the Bittrex price, although it's not possible to deposit BCC on Bittrex, I tried and they show "BCC wallet is under maintenance".
So scammy...
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Whoever, if anyone, thinks this new clone coin has better fundamentals than the original, could you explain why?
I can explain why not. My deposit on exchange is taking over 2 hours and only has 2 confirmations till now! Isn't this the solution for all BTC problems? On which exchange you deposited? The exchange is irrelevant. Fact is that I'm watching the blockchain and the client and it's taking over one hour to create another block. If the exchange demands 6 confirmations it will take 6 hours! There is no exchange accepting BTC Cash Deposits at this time. Have you tried hitbtc? |
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Whoever, if anyone, thinks this new clone coin has better fundamentals than the original, could you explain why?
I can explain why not. My deposit on exchange is taking over 2 hours and only has 2 confirmations till now! Isn't this the solution for all BTC problems? Difficult too high, low hashrate, few blocks/confirmation per day? I'm sure you know that and trying to play dumb. You are good at it. Sorry, sir? Do I know you? |
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Whoever, if anyone, thinks this new clone coin has better fundamentals than the original, could you explain why?
I can explain why not. My deposit on exchange is taking over 2 hours and only has 2 confirmations till now! Isn't this the solution for all BTC problems? On which exchange you deposited? The exchange is irrelevant. Fact is that I'm watching the blockchain and the client and it's taking over one hour to create another block. If the exchange demands 6 confirmations it will take 6 hours! |
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Whoever, if anyone, thinks this new clone coin has better fundamentals than the original, could you explain why?
I can explain why not. My deposit on exchange is taking over 2 hours and only has 2 confirmations till now! Isn't this the solution for all BTC problems? |
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Why bcc block creation is so slow? Only 2 confirmations after 2 hours! I'm missing the train because of this buggy wu/ver coin fiasco!
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Where can I dump? Most exchanges that I checked are not accepting BCC deposits. I tried to sign up for VIABTC and I keep getting an error "Don't try too frequently." WTF, I got this error on the first try. How is that too frequent?
hitbtc is accepting deposits, but I transferred my free bcc 2 hours ago and only got 2 confirmations. Such a fiasco! |
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Has anyone succesfully imported their private key of their now empty BTC wallets into a BCC wallet? I'm stuck with 'not verified' transactions in Electron Cash. Desperately trying to dump this shit for some real BTC here (via ViaBTC if I must).
Must wait for headers to synchronize. |
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Roger is a liar... https://news.bitcoin.com/fork-watch-first-bitcoin-cash-block-mined/The First Bitcoin Cash Block Was Mined at Block Height 478558
Fork Watch: First Bitcoin Cash Block Mined
The first Bitcoin ABC/Bitcoin Cash fork took place at block height 478558 according to BTC Fork Monitor.
Over the past week, the central theme of discussion has been the August 1 hard fork and the possible birth of a new token called ‘Bitcoin Cash’ (BCC). The fork has come about after months of long debates, scaling proposals, and community infighting and many bitcoin proponents from both sides are showing a sense of relief although some are still uncertain of the events that will take place, and how the bifurcation of the Bitcoin blockchain will play out.
Today a whole lot of people have been patiently waiting for the user-activated hard fork (UAHF) to commence and the coming of the new digital currency Bitcoin Cash. August 1 has arrived and the 12:20 UTC time period has officially passed. The first BCC block 478558 has been mined, but at the time of writing a split has not yet occurred. |
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And BCC or BCH is now 10 blocks behind!  12 for now. |
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don't let the drinking of your hatorade cocktail prevent you from appreciating that bitcoin's built-in, last word, first of its kind governance mechanism is being deployed for the first time.
it is awesome.
Fuck you Roger! GTFO! |
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OMG we have crashed horribly to $200 above where we were 3-4 days ago.
(come on volatile up this sons of Bitches- these Fork guys could learn a thing or two from the PBOC on how to Fud the market into a frenzy... fekin amatures)
Are we entertained?
not much, waked early for nothing... yet NO CHAIN SPLIT DETECTED. So boring... |
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From: https://www.btcforkmonitor.info/ Node: Bitcoin ABC (Bitcoin Cash; Bcash)
Current height: 478558
Current Median Time: Aug. 1, 2017, 12:37 p.m. UTC
Best Block Hash:
0000000000000000011865af4122fe3b144e2cbeea86142e8ff2fb4107352d43
Previous Block Hash:
000000000000000000eb9bc1f9557dc9e2cfe576f57a52f6be94720b338029e4
Has Experienced a Blockchain Reorganization: No
Has not forked but is behind other nodes: Yes
This node's scheduled chain split has occurred |
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After the euphoria, going back to last weekend's average price...
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better to buy as the price goes down and sell as the price goes up, but don't buy or sell too much in order that you do not run out of either bitcoins (on the way up) or fiat (on the way down). So in that regard, if you only have bitcoins because you used all your fiat to buy at a price that is higher than the current price, then you just have to wait it out for however much time it takes to return to you purchase price level, even if it takes a year or two. In the meantime, if BTC prices continue to go down, which surely is possible, just continue to buy $10 per week (or whatever reasonable amount is in your budget), and sooner or later, you continue to bring down your average cost per BTC and you will be back in the the game and be able to sell some of your bitcoins either below $2600 or above $2600 (but as long as you are selling as the price goes up and buying as the price goes down, you should be good), and whenever BTC returns to that $2600 level (whether this week or a few years from now), you will be fully back... and hopefully learned some lessons along the way...hahahahaha  ^ This! Lol, yeah also my tactics. But I am running into a strategic flaw now : not enough fiat to keep buying the dips... . The highest possible level of our current correction from $2980 down to $2130 - is less than 30%... However, if you have been in the game for 6 months, then you have had a run up from $890 to $2980. Of course, if you just got in, then you may have had some troubles accumulating in the sub$1k price arena. I attempt to carefully monitor my fiat levels - and I understand what you mean to be running out of fiat, yet I think that we still should be prepared for less likely scenarios - and even returning to sub $1k prices is not out of the realm of possibilities. I will admit that I will likely start to have to scramble a bit at $1500 and surely the level of scrambling would be higher if we go sub $1k. By no means am I a bear, and I have been accumulating more and more bitcoin in preparation for up - but I still think that it remains prudent to accumulate enough fiat (and maintain enough fiat) for a certain level of outrageous and irrational down. Surely, a lot of us might be mentally kicking ourselves if prices were to go down to sub $1k - yet even though I feel some of that kind of remorse, I still stick to my practice of largely buying on the way down and selling on the way up.. and the only times I make an exception to that practice is when I have a real high level of certainty (like 80% or 90%) of price direction of at least a 10% change.. which certainty seems to be as rare for me as naturally occurring snowballs in the tropics. But sometimes they do happen, am i right, or am i right ? Actually Ecuador (the country) is sited so high in the Andes that even being under the Equatorial line it is likely to have snowfalls any time of the year. |
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