The 2x part will never happen in November but who cares? Bigblockers have finally there BCash coin with no Segwit+8mb blocks...thats what they wanted, right?
What they want is control. Block sizes are irrelevant  The problem is that they can do the same things with bitcoin that they do with gold & silver. Meaning: keep it in a vault and trade on its paper useless idols.  (The good part is that we can do the same!)  |
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So, who hasnt sold their BCH ? I havent, dunno why not. Gut's telling me hodl.
Too lazy and unmotivated to cash out. Will let it ride and see what happens. I figured I'd dump as soon as Kraken started accepting BCH deposits, but decided against it for the time being. Let's see how high they try to pump that crap. I think bitcoin people are lazy people. Because they are smart AF!!! |
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Can we gas the kikes already, so i dont have to see these posts anymore.
Better Call R0ach! He's an expert! |
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As far as i know roach is actually still in BTC. Ugh
(I can remember him saying so some weeks ago)
It almost feels like he is being paid in BTC by some unknown entity to create FUD, and that said entity is buying all the coins from the FUD'ers.  |
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Why is ppl here so obsessed with that unknown milf?  Posting a different pair of boobs for each special event would be appreciated.  Sometimes these old pervy dudes give hope to the world that not everything is lost!.. |
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Good catch!... I think I have some kind of "ignore mode On", and I never see these messages. I probably see not even 50 points on their accounts and I skip. It might be a good or bad habit, depends how you see it. I always give everyone that comes here the benefit of the doubt at first, even if they are brand new. But if they begin to show their true colors to be a troll, a shill for alts, butt hurt for selling out, or just plain belligerent and argumentative for no reason other than to stroke their own ego, and I've had enough of their shit, then I hit ignore. It amazes me how many trolls come to this forum specificially to bash on Bitcoin. What a waste of time for them. But eventually they run out of gas and leave, just like JStolfi and all the rest. I suspect that r0ach will eventually run out of gas too, or just everyone will put him on ignore so his silver/nazi crap just falls on deaf ears.  I've read his comment after you pointed it out, and the first impression about the guy was that he is batsh!t crazy! .. and I even laughed a bit / amused myself of his stupidity. coinbase supporting thing #2 per email blasts*  I might be bias, but I think "Thing 1" is more fluffy! |
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Segwit clears out the mempool? Trust me, most people don't even know what mempool is. Anyway, we'll hit the new ATH soon, but then BTC will crash hard, because of Bitcoin Cash, you'll see, everything's getting ready for a takeover.
Says the newb troll shill account that's literally a day old. /ignore on Good catch!... I think I have some kind of "ignore mode On", and I never see these messages. I probably see not even 50 points on their accounts and I skip. It might be a good or bad habit, depends how you see it. |
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Yea well, I consider bitcoin a useless shitcoin compared to physical silver coins, but holding bitcoin has been more profitable recently.
Recently? LMAO Maybe he's 'ancient' like Jimbo. |
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So we were advised to remove our coins from exchange during the bcc shit show.
Now it turns out had you not followed that advice and done opposite you'd have
made out like a bandit.
People in the know did just that. ie., loaded up their exchange accounts
with BTC prior to HF and now laughing all the way to the bank....
They made a factor of two. Meh. I can't tell if that's sour grapes or sarcasm... I think its sour grapes, but he doesn't seem to care much. |
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Bcash cost of production (difficulty) is now being slashed by 20% per block for the next 6 blocks. Expect miners to follow cost of production slavishly. Forking guys have no idea what they have unleashed ... it will become apparent soon now.
Yes, the existence BCC will destabilize BCT mining. Everyone knows that at equilibrium, if BCC has 1/10th the value of BTC, that the hash power mining BCC will be 1/10th that mining BTC. What is less obvious what happens when the system is not in equilibrium. Imagine that the market reprices BCC 100% higher and BTC 10% lower. What is the expected distribution of hash power now assuming short-term profit-maximizing miners? The answer is "most of it will be mining BCC." Because the difficulty adjusts only very slowly (every 2016 blocks) BCC becomes twice as profitable to mine as BTC. Hash-per-hash miners would earn double by mining BCC. This continues until the difficulty reset comes when BCC would go "limit up" (4X), when most miners would leave BCC back for BTC. BCC's difficulty would slowly ratchet back down due to its fast difficulty adjustment and the process would later repeat. What this suggest is that at times when BCC is more profitable to mine and the hash rate migrates to BCC, the average block time for BTC will increase significantly and BTC's already slow and expensive transactions will become much more so. Excellent analysis. You have just proven that with maximally exploitative mining strategy, you can't have two parallel coins that would work smoothly. Since 100% of miners would switch to the more profitable one, the other would be paused. It would not be the slow adjusting difficulty, but the more frequently updated exchange prices that would govern this process. |
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Bcash cost of production (difficulty) is now being slashed by 20% per block for the next 6 blocks. Expect miners to follow cost of production slavishly. Forking guys have no idea what they have unleashed ... it will become apparent soon now.
Yes, the existence BCC will destabilize BCT mining. So you have been a part of knowingly destabilising bitcoin mining? Neither chain will be stable, the 'hard-fork now!' camp have just stupidly devalued any investment they had in bitcoin (BTC or BCH) ... unless of course you actually work for govvy agents or other actors aiming to do exactly that which you admit to. Merged-mining is one way BCH can gracefully admit their gargantuan fuck-up and save face (seems they spend a lot of time doing that). You weren't around when we already tried these 'experiments', it's not a pretty outcome. Bitcoin will survive but the credibility of the idiot loud-mouth crowd doesn't stand much chance (not that they had a lot). Enjoy your forking euphoria, your ultimate downfall has now been sealed. Big blockers blame small blockers for the fork; small blockers blame big blockers. I think a split was inevitable given the two distinct visions for Bitcoin's future. Regarding destabilizing mining, I think what this means is that in the medium term, only one chain will survive (at least with any real value). The miners will eventually see their incentive to kill off one of the chains. The question is which one. |
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BTC hashrate is down from 6 Mio Thash yesterday
to
Network total 5 548 159.100 Thash/s
today....
Miners switching over already?
BCC price driven up because of attracting more miners over there ?
Well, the marked needs some basis for fake confidence. Cuz if they decide they can change sides very quickly. But given the optimism, it is just an act of 'consolidation' / 'assurance' or a fake feeling of security! |
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If I had my bitcoin on electrum wallet before fork, do I need to send them to a new electrum wallet or can I send them straight to exchange and still claim BCC?
If you had, you would have sold at 200$ .. |
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Everywhere I read its recommended to withdraw coins from exchanges until the dust settles sometime after Aug.1st. That would create very thin pools everywhere without the option to transfer back and prices could move any direction much easier. The skeptic in me wonders if it might be better to put my coins on an exchange and perhaps just ignore the fork drama. BTC seems to have a tendency to go the opposite direction of the masses.
There are 2 options. 1. The price goes down. This means that the percentage of bitcoin that you can acquire is greater! 2. The price goes up. In this scenario the percentage of bitcoin that you can acquire diminishes, but the amount of fiat you can trade it for is greater. Assuming you care only for the coin and not fiat. The demand will still be there, and you will be out of its way with u'r dead weight corpse dragging 'fake' trade. And any of those 2 scenarios would help you profit. So?? Dead weight corpse dragging fake trade? Haha, didn't intend to put your knickers in a twist. I don't claim to know what will happen but being one who's gone against the crowd most of my life has worked out well for me so far. Best of luck to you sir.  .. But I am also against the tide most of the time, even if I have an autistic method of looking at charts and seeing weird patterns that most of the time are correct or at least with a 5-10% error deviation from the standard. |
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Everywhere I read its recommended to withdraw coins from exchanges until the dust settles sometime after Aug.1st. That would create very thin pools everywhere without the option to transfer back and prices could move any direction much easier. The skeptic in me wonders if it might be better to put my coins on an exchange and perhaps just ignore the fork drama. BTC seems to have a tendency to go the opposite direction of the masses.
There are 2 options. 1. The price goes down. This means that the percentage of bitcoin that you can acquire is greater! 2. The price goes up. In this scenario the percentage of bitcoin that you can acquire diminishes, but the amount of fiat you can trade it for is greater. Assuming you care only for the coin and not fiat. The demand will still be there, and you will be out of its way with u'r dead weight corpse dragging 'fake' trade. And any of those 2 scenarios would help you profit. So?? |
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When exactly is the chain split? Do I need to transfer coins today or can I do tomorrow?
Are you a troll?? And yes dumbass.. you need to take what is yours out of the exchange. Because I'm not sure what exchange you are on and what politics they will have about giving you back the other coin, BCC I think its called, in case you want to profit from both. So yes, take them out, then you wait to see how you split them. But basically my understanding is the account that has any kind of bitcoins in it after the chain split will have the BCC as well, so after that period if you move any BTC and the balance show you 0,0000 and you moved lets say 5,25525000 out of it. Then those 0,000.. have a hidden chain in them that the software doesn't recognize. So basically with the same address you use to move those 'invisible' BCC's after you move the BTC. (edit: when the software for BCC will be available!(this ofc if you are clueless without an interface)) |
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